Whitecap II

Whitecap Venture Partners is a Toronto-based venture capital firm established in 1989, specializing in early-stage investments. The firm primarily focuses on high-growth companies in three key sectors: information and communications technology, medical technology, and food technology. It typically makes initial investments ranging from CAD 2 million to CAD 5 million, with the potential for follow-on investments up to CAD 15 million in a single company. Whitecap Venture Partners aims to support entrepreneurs by leveraging its team's deep domain expertise to provide operational and strategic value. The firm concentrates its investments in Canada and the Eastern United States, partnering with companies that demonstrate significant growth potential.

Melissa Belbeck

Senior Associate

Kim Coote

Vice President of Finance

Carey Diamond

Managing Partner and Co-Founder

Shayn Diamond

Partner

Sarah Hartkorn

Associate

Blaine Hobson

Co-Founder & Chairman of Investment Committee

Steve Lau

Partner

Russell Samuels

Partner

David Strom

Chief Financial Officer

Past deals in Ontario

Felix Health

Series B in 2023
Felix Health Inc. is an online prescription platform based in Toronto, Canada, that provides medication for various health concerns, including erectile dysfunction, hair loss, acne, and birth control. Founded in 2019, the company aims to modernize Canadian healthcare by offering a seamless and straightforward experience for its users. Felix Health focuses on making healthcare accessible and convenient for individuals seeking solutions for their personal health needs.

Altrio

Series A in 2022
Developer of a real estate deal management software designed to optimize the investment process. The company's software features extracting deal information from documents and emails, collaboration and workflow management, and investment monitoring, enabling users to manage their portfolios and get detailed information about deals in their pipeline.

Mash

Seed Round in 2022
The internet is fundamentally broken. It's because of monetization. “Show me the incentives and I'll show you the outcome.” Our mission is to remonetize the web by enabling value for value monetary exchanges between pubs/creators/orgs and their users. A new business model for the open internet. We are unlocking this with friction-minimized streaming payments that are no/low cost, instantly settled, trust-minimized. It is built on the best global digital monetary network ever conceived, Bitcoin. Enabled by Lightning Network. Most users don't need to know this or be a Bitcoiner. Over time we suspect many will.

Vetster

Series B in 2022
Vetster is an innovative pet wellness platform that connects pet parents to a marketplace of licensed veterinary professionals for video, chat and voice enabled appointments. For everyone, anytime, day or night.

Ukko Agro

Seed Round in 2021
Ukko Agro develops an agriculture ecosystem that helps optimize pesticide usage to minimize crop losses. It offers technology tools that facilitate on-farm decision making with minimal time investment from the growers. The company is driven to optimize pesticide use for better crop yield, by integrating technologies to track, analyze, and quantify sustainability gained. Its product features realtime on-farm monitoring, predicts disease or pest attacks, prescribe pesticide spray, integrates with external on-farm equipment and technologies, reduces crop losses, and optimizes crop inputs. Ukko Agro was founded in 2017 and is headquartered in Toronto, Ontario.

Nicoya Lifesciences

Series A in 2021
Nicoya Lifesciences Inc. develops sensor products to get affinity, kinetics, and specificity for proteins, antibodies, DNA, RNA, enzymes, polymers, and small molecules. The company offers surface plasmon resonance (SPR) instruments, spectrophotometers, sensor chips, SPR reagents and kits, and SPR accessories; and OpenSPR, a personal label-free biomolecular analysis instrument. It also provides software solutions, such as TraceDrawer, a real-time kinetic analysis software; OpenSPR software that allows the control of the OpenSPR instrument and real time data acquisition; and OpenSpec, a software program for real time optical peak tracking. The company was founded in 2012 and is based in Kitchener, Canada.

GoBolt

Series B in 2021
GoBolt, formerly known as Second Closet Incorporated, provides valet self-storage services that enable customers to store their belongings conveniently and securely. Founded in 2017 and based in Toronto, Canada, the company offers a comprehensive solution where customers can schedule pickups and returns of their items. GoBolt delivers boxes for customers to use for storage, then collects these items to be stored in a climate-controlled warehouse. The service is designed to be user-friendly, allowing clients to pay only for the space they utilize, making it an affordable option for those in need of storage solutions.

Qvella Corporation

Venture Round in 2021
Qvella Corporation is a Toronto-based molecular diagnostics company established in 2009 by a team of scientists and engineers. The company focuses on advancing sample preparation and detection technologies in clinical microbiology, aiming to significantly reduce the time required to obtain results. Qvella's innovative Field Activated Sample Treatment (FAST™) technology employs a unique electrical lysing method known as e-lysis™, allowing for the direct and fully automated rapid detection of infectious agents from unenriched biological samples. By providing actionable results in clinically relevant time frames, Qvella seeks to improve patient outcomes and transform medical practices in the field of microbiology.

PartnerStack

Series B in 2021
PartnerStack Canada Inc. develops a platform, which enables companies to build and manage partner channel marketing programs. The platform allows supporting all of the channels including advocates, affiliates, ambassadors, resellers, and referral partnerships. Its features includes referral links, custom company page, automated email campaigns, dashboard and analytics, customer map tracking, and auto-generated partner profiles. PartnerStack Canada Inc. was founded in 2015 and is headquartered in Toronto, Canada.

GoBolt

Venture Round in 2021
GoBolt, formerly known as Second Closet Incorporated, provides valet self-storage services that enable customers to store their belongings conveniently and securely. Founded in 2017 and based in Toronto, Canada, the company offers a comprehensive solution where customers can schedule pickups and returns of their items. GoBolt delivers boxes for customers to use for storage, then collects these items to be stored in a climate-controlled warehouse. The service is designed to be user-friendly, allowing clients to pay only for the space they utilize, making it an affordable option for those in need of storage solutions.

Felix Health

Series A in 2021
Felix Health Inc. is an online prescription platform based in Toronto, Canada, that provides medication for various health concerns, including erectile dysfunction, hair loss, acne, and birth control. Founded in 2019, the company aims to modernize Canadian healthcare by offering a seamless and straightforward experience for its users. Felix Health focuses on making healthcare accessible and convenient for individuals seeking solutions for their personal health needs.

Mother Raw

Series A in 2020
Mother Raw is a line of plant-powered dressings, marinades, dips, condiments and quesos.

Qvella Corporation

Venture Round in 2020
Qvella Corporation is a Toronto-based molecular diagnostics company established in 2009 by a team of scientists and engineers. The company focuses on advancing sample preparation and detection technologies in clinical microbiology, aiming to significantly reduce the time required to obtain results. Qvella's innovative Field Activated Sample Treatment (FAST™) technology employs a unique electrical lysing method known as e-lysis™, allowing for the direct and fully automated rapid detection of infectious agents from unenriched biological samples. By providing actionable results in clinically relevant time frames, Qvella seeks to improve patient outcomes and transform medical practices in the field of microbiology.

Vetster

Series A in 2020
Vetster is an innovative pet wellness platform that connects pet parents to a marketplace of licensed veterinary professionals for video, chat and voice enabled appointments. For everyone, anytime, day or night.

Nicoya Lifesciences

Series A in 2020
Nicoya Lifesciences Inc. develops sensor products to get affinity, kinetics, and specificity for proteins, antibodies, DNA, RNA, enzymes, polymers, and small molecules. The company offers surface plasmon resonance (SPR) instruments, spectrophotometers, sensor chips, SPR reagents and kits, and SPR accessories; and OpenSPR, a personal label-free biomolecular analysis instrument. It also provides software solutions, such as TraceDrawer, a real-time kinetic analysis software; OpenSPR software that allows the control of the OpenSPR instrument and real time data acquisition; and OpenSpec, a software program for real time optical peak tracking. The company was founded in 2012 and is based in Kitchener, Canada.

GoBolt

Series A in 2019
GoBolt, formerly known as Second Closet Incorporated, provides valet self-storage services that enable customers to store their belongings conveniently and securely. Founded in 2017 and based in Toronto, Canada, the company offers a comprehensive solution where customers can schedule pickups and returns of their items. GoBolt delivers boxes for customers to use for storage, then collects these items to be stored in a climate-controlled warehouse. The service is designed to be user-friendly, allowing clients to pay only for the space they utilize, making it an affordable option for those in need of storage solutions.

Qvella Corporation

Venture Round in 2019
Qvella Corporation is a Toronto-based molecular diagnostics company established in 2009 by a team of scientists and engineers. The company focuses on advancing sample preparation and detection technologies in clinical microbiology, aiming to significantly reduce the time required to obtain results. Qvella's innovative Field Activated Sample Treatment (FAST™) technology employs a unique electrical lysing method known as e-lysis™, allowing for the direct and fully automated rapid detection of infectious agents from unenriched biological samples. By providing actionable results in clinically relevant time frames, Qvella seeks to improve patient outcomes and transform medical practices in the field of microbiology.

Qvella Corporation

Series B in 2017
Qvella Corporation is a Toronto-based molecular diagnostics company established in 2009 by a team of scientists and engineers. The company focuses on advancing sample preparation and detection technologies in clinical microbiology, aiming to significantly reduce the time required to obtain results. Qvella's innovative Field Activated Sample Treatment (FAST™) technology employs a unique electrical lysing method known as e-lysis™, allowing for the direct and fully automated rapid detection of infectious agents from unenriched biological samples. By providing actionable results in clinically relevant time frames, Qvella seeks to improve patient outcomes and transform medical practices in the field of microbiology.
Clearwater Clinical Limited, founded in 2004 and based in Ottawa, Canada, specializes in the design and manufacture of mobile medical-grade devices aimed at enhancing clinical practices in the endoscopy and audiology markets. The company offers innovative products such as ClearSCOPE, a mobile endoscope adaptor that supports various medical applications, including ENT and urology exams, as well as veterinary and industrial uses. Additionally, Clearwater Clinical produces ShoeBOX, an iPad-based audiometer designed for screening and diagnostic testing in diverse settings such as clinics, schools, and telemedicine applications. Another key product is DizzyFIX, which facilitates the Epley Maneuver, a common treatment for vertigo caused by benign paroxysmal positional vertigo. The company, led by Dr. Matthew Bromwich and his team, is committed to providing affordable solutions that leverage mobile technology to improve patient care.

Real Matters

Venture Round in 2016
Real Matters is the leading provider of property information services in North America. It fuses unique data gathered from a network of more than 17,000+ field agents with the technological power of its cloud-based redihiveTM environment to propel the next generation of businesses that provide insight into residential and commercial properties. The organization has its Canadian head office in Toronto Ontario as well as a U.S. office in Chicago.

Qvella Corporation

Series A in 2015
Qvella Corporation is a Toronto-based molecular diagnostics company established in 2009 by a team of scientists and engineers. The company focuses on advancing sample preparation and detection technologies in clinical microbiology, aiming to significantly reduce the time required to obtain results. Qvella's innovative Field Activated Sample Treatment (FAST™) technology employs a unique electrical lysing method known as e-lysis™, allowing for the direct and fully automated rapid detection of infectious agents from unenriched biological samples. By providing actionable results in clinically relevant time frames, Qvella seeks to improve patient outcomes and transform medical practices in the field of microbiology.

Real Matters

Venture Round in 2015
Real Matters is the leading provider of property information services in North America. It fuses unique data gathered from a network of more than 17,000+ field agents with the technological power of its cloud-based redihiveTM environment to propel the next generation of businesses that provide insight into residential and commercial properties. The organization has its Canadian head office in Toronto Ontario as well as a U.S. office in Chicago.

Qvella Corporation

Series A in 2015
Qvella Corporation is a Toronto-based molecular diagnostics company established in 2009 by a team of scientists and engineers. The company focuses on advancing sample preparation and detection technologies in clinical microbiology, aiming to significantly reduce the time required to obtain results. Qvella's innovative Field Activated Sample Treatment (FAST™) technology employs a unique electrical lysing method known as e-lysis™, allowing for the direct and fully automated rapid detection of infectious agents from unenriched biological samples. By providing actionable results in clinically relevant time frames, Qvella seeks to improve patient outcomes and transform medical practices in the field of microbiology.

Real Matters

Seed Round in 2007
Real Matters is the leading provider of property information services in North America. It fuses unique data gathered from a network of more than 17,000+ field agents with the technological power of its cloud-based redihiveTM environment to propel the next generation of businesses that provide insight into residential and commercial properties. The organization has its Canadian head office in Toronto Ontario as well as a U.S. office in Chicago.