Graphite Ventures

Graphite Ventures is a venture capital firm established in 2021 and located in Toronto, Canada. The firm focuses on investing in various sectors, including business-to-business services, financial services, healthcare, information technology, financial technology, real estate technology, and software as a service (SaaS). By concentrating on these areas, Graphite Ventures aims to support and foster innovation within the Canadian market.

Alexander Barclay

Investor, Director of Data and Operations

Aaron Bast

General Partner and Managing Director

Mohamed Elabshihy

Associate

Lance Laking

Managing Director and General Partner

Craig Leonard

General Partner and Managing Director

Kevin Madill

Partner

Mackenzie Puklicz

Associate

Past deals in Ontario

Odaia

Series B in 2023
ODAIA Intelligence Inc. is a Canadian company that specializes in developing an artificial intelligence-based platform for customer engagement analysis. Founded in 2018 and headquartered in Toronto, ODAIA offers a cloud-based software as a service (SaaS) platform that enables enterprise clients to automate the mapping of customer touchpoints and journeys. Utilizing advanced techniques in big data mining, process journey mapping, and machine learning, the platform provides insights into customer behavior, predicts future actions, and identifies potential churn. ODAIA simplifies data ingestion and normalization from various sources, offering an intuitive dashboard for visualizing insights and predictions. The company was established by a team of academics and industry professionals, including members from the University of Toronto and the University of Lausanne, whose research has been widely recognized in the field.

Basetwo AI

Seed Round in 2022
Developer of a low-code artificial intelligence platform intended to enable process engineers to optimize their manufacturing processes in real-time. The company connects to its production and lab/quality databases and uses that data to build explainable hybrid artificial intelligence simulation models and receive recommendations to optimize its critical equipment, to prove a track record of achieving cycle time and operational cost reductions across the pharmaceuticals, materials/chemicals, and aerospace manufacturing industries, enabling manufacturing engineers to foster manufacturing across the global supply chain in less time and costs.

Welbi

Seed Round in 2022
Welbi Technologies Inc. is a Canadian company based in Ottawa, established in 2016, that focuses on enhancing the resident experience in senior living communities through its innovative platform. The platform offers customized recreational programs by analyzing resident data, which enables the creation of tailored activities that meet individual preferences. Additionally, Welbi's algorithms streamline administrative processes, improve staff efficiency, and provide real-time insights to help communities boost occupancy rates and retention. By equipping resident experience teams with planning tools and a comprehensive understanding of their residents, Welbi aims to foster unique and engaging experiences for seniors.

MedMe

Seed Round in 2022
MedMe Health is a patient care platform that assists pharmacists in scheduling, conducting, and tracking clinical services both virtually and on-site. The platform employs proprietary algorithms to streamline various medical services, including online scheduling, digital diagnosis, documentation filing, and automated follow-up appointments. By facilitating these processes, MedMe Health enables pharmacies to enhance their workflows, strengthen patient relationships, and diversify revenue opportunities within clinical services.

Odaia

Series A in 2022
ODAIA Intelligence Inc. is a Canadian company that specializes in developing an artificial intelligence-based platform for customer engagement analysis. Founded in 2018 and headquartered in Toronto, ODAIA offers a cloud-based software as a service (SaaS) platform that enables enterprise clients to automate the mapping of customer touchpoints and journeys. Utilizing advanced techniques in big data mining, process journey mapping, and machine learning, the platform provides insights into customer behavior, predicts future actions, and identifies potential churn. ODAIA simplifies data ingestion and normalization from various sources, offering an intuitive dashboard for visualizing insights and predictions. The company was established by a team of academics and industry professionals, including members from the University of Toronto and the University of Lausanne, whose research has been widely recognized in the field.

Cavelo

Pre Seed Round in 2021
Cavelo provides a platform that helps businesses discover, classify, track and manage sensitive data in alignment to industry and regulatory reporting requirements. Its cloud compatible data risk management platform continuously scans, identifies, and classifies sensitive data across all cloud applications and all endpoint devices including laptops, desktops and servers, simplifying compliance reporting and risk remediation.
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