Ferst Capital Partners

Ferst Capital Partners (FCP) is a private investment firm established in 2012 and based in Montreal, Canada. The firm specializes in venture capital, private equity, public markets, sector-focused funds, and crypto assets. FCP has a particular interest and expertise in consumer fintech, digital assets, and search funds, aiming to identify and support innovative companies within these sectors.

Jay Ferst

Managing Partner

21 past transactions

auticon

Venture Round in 2020
auticon GmbH is a Berlin-based company that specializes in information technology consulting services, particularly in software testing and quality assurance. Founded in 2011, it is notable for exclusively employing autistic individuals as software testers, leveraging their unique skills to deliver high-quality services. auticon's offerings include analyzing and testing complex systems, static code analysis for various programming languages, migration of web content management systems, and usability testing. The company serves a diverse clientele, including software producers, consulting firms, and public institutions. With additional offices in Munich and Düsseldorf, auticon continues to set itself apart through its commitment to diversity and innovative workforce solutions.

Moka

Series A in 2019
Moka Financial Technologies Inc. is a Canadian company that operates a financial application designed to help users save and invest more effectively. Founded in 2015 and based in Montreal, Moka provides a unique service that automatically rounds up users' everyday purchases and invests the spare change, enabling individuals to start investing without requiring substantial financial knowledge or lifestyle changes. Since its launch in 2017, the app has gained significant popularity, with over 750,000 downloads and numerous positive reviews. In 2020, the company rebranded from Mylo to Moka and expanded its reach to France. Moka aims to enhance its offerings by leveraging artificial intelligence and human expertise to develop new features that assist users in managing expenses, accelerating debt repayment, and providing financial coaching, thereby empowering individuals to optimize their financial well-being.

KNØX

Seed Round in 2019
KNØX Industries Inc., founded in 2018 and based in Montreal, Canada, specializes in digital asset custody with a focus on providing comprehensive insurance coverage for the full value of clients' holdings. The company offers a secure end-to-end system that allows institutional clients to manage their assets through a dedicated terminal, ensuring both simplicity and robust security. KNØX employs actuarial principles and precise engineering in its custody system, allowing clients to safeguard their digital assets while meeting fiduciary obligations. The insurance coverage provided to clients is subject to the terms and conditions of the policy, ensuring that their assets are well protected.

NorthOne

Seed Round in 2018
NorthOne Inc. is a digital banking platform that provides mobile-first, API-enabled banking solutions tailored for small businesses, freelancers, and startups. Founded in 2016 and headquartered in Toronto, Canada, with additional offices in New York and Boston, NorthOne's platform allows users to manage their finances and transactions efficiently. The service offers features such as mobile deposits, budgeting tools, and automated envelope creation for expenses like taxes and payroll, enabling businesses to focus more on their core operations rather than banking tasks. Additionally, NorthOne integrates with payment processing solutions, streamlining financial management for its users.

Moka

Seed Round in 2018
Moka Financial Technologies Inc. is a Canadian company that operates a financial application designed to help users save and invest more effectively. Founded in 2015 and based in Montreal, Moka provides a unique service that automatically rounds up users' everyday purchases and invests the spare change, enabling individuals to start investing without requiring substantial financial knowledge or lifestyle changes. Since its launch in 2017, the app has gained significant popularity, with over 750,000 downloads and numerous positive reviews. In 2020, the company rebranded from Mylo to Moka and expanded its reach to France. Moka aims to enhance its offerings by leveraging artificial intelligence and human expertise to develop new features that assist users in managing expenses, accelerating debt repayment, and providing financial coaching, thereby empowering individuals to optimize their financial well-being.

Covera

Seed Round in 2017
Covera takes care of insurance re-shopping for you. We build a detailed profile on your behalf and, before your policies expire, present you with a small number of curated alternatives that can be purchased in minutes. If you can get smarter insurance coverage with a different insurance provider, Covera does all of the work to switch you over in time. If you're already with the best possible provider, we keep you exactly where you are. Best of all, using Covera doesn't cost you a penny.

CoPower

Venture Round in 2017
CoPower Inc., founded in 2013 and headquartered in Canada, operates as an online platform focused on clean energy investing. It facilitates investments in energy efficiency and renewable energy generation projects, aiming to provide financial returns while also delivering measurable environmental benefits. Since late 2014, CoPower has successfully placed over $2.5 million in clean energy loans. The company is recognized as a Certified B Corporation, reflecting its commitment to social and environmental responsibility.

Moka

Seed Round in 2017
Moka Financial Technologies Inc. is a Canadian company that operates a financial application designed to help users save and invest more effectively. Founded in 2015 and based in Montreal, Moka provides a unique service that automatically rounds up users' everyday purchases and invests the spare change, enabling individuals to start investing without requiring substantial financial knowledge or lifestyle changes. Since its launch in 2017, the app has gained significant popularity, with over 750,000 downloads and numerous positive reviews. In 2020, the company rebranded from Mylo to Moka and expanded its reach to France. Moka aims to enhance its offerings by leveraging artificial intelligence and human expertise to develop new features that assist users in managing expenses, accelerating debt repayment, and providing financial coaching, thereby empowering individuals to optimize their financial well-being.

Zensurance

Seed Round in 2016
Zensurance Inc. provides online commercial insurance brokerage services for startups and small businesses. It offers business, contractors, tech, and tenants insurance. The company was founded in 2016 and is headquartered in Toronto, Canada. As of August 15, 2018, Zensurance Inc. operates as a subsidiary of The Travelers Companies, Inc.

Goodfood

Seed Round in 2016
Goodfood is a home meal solutions company that delivers fresh ingredients and recipes with free delivery. It aims to take the hassle out of cooking, leaving subscribers with the fun part - cooking, sharing with family and eating. Subscribers select their favorite recipes from a variety of original dishes online. The Company prepares a personalized box of fresh ingredients and delivers it to the subscriber's doorstep with easy step-by-step instructions. The company's administrative office is based in Montreal, Quebec. Jonathan Ferrari, Raffi Krikorian, and Neil Cuggy founded it in 2014.

NorthOne

Venture Round in 2016
NorthOne Inc. is a digital banking platform that provides mobile-first, API-enabled banking solutions tailored for small businesses, freelancers, and startups. Founded in 2016 and headquartered in Toronto, Canada, with additional offices in New York and Boston, NorthOne's platform allows users to manage their finances and transactions efficiently. The service offers features such as mobile deposits, budgeting tools, and automated envelope creation for expenses like taxes and payroll, enabling businesses to focus more on their core operations rather than banking tasks. Additionally, NorthOne integrates with payment processing solutions, streamlining financial management for its users.

Lendful Financial

Debt Financing in 2016
Lendful Financial Inc., founded in 2015 and based in Vancouver, Canada, specializes in providing personal loans to Canadians. The company offers a range of loan options, including those for weddings, education, home renovations, medical procedures, yoga teacher training, and travel. Lendful Financial aims to streamline the borrowing process by offering quick and easy access to loans with competitive interest rates that can save borrowers up to 30% when refinancing. The company targets credit-worthy individuals with a credit score of 650 or higher, providing fixed-term loans with durations of three to five years. By focusing on customer service and transparency, Lendful Financial seeks to eliminate common frustrations associated with traditional lending, such as excessive paperwork and high interest rates. As of June 2018, Lendful Financial operates as a subsidiary of Peoples Trust Company.

Lendful Financial

Seed Round in 2016
Lendful Financial Inc., founded in 2015 and based in Vancouver, Canada, specializes in providing personal loans to Canadians. The company offers a range of loan options, including those for weddings, education, home renovations, medical procedures, yoga teacher training, and travel. Lendful Financial aims to streamline the borrowing process by offering quick and easy access to loans with competitive interest rates that can save borrowers up to 30% when refinancing. The company targets credit-worthy individuals with a credit score of 650 or higher, providing fixed-term loans with durations of three to five years. By focusing on customer service and transparency, Lendful Financial seeks to eliminate common frustrations associated with traditional lending, such as excessive paperwork and high interest rates. As of June 2018, Lendful Financial operates as a subsidiary of Peoples Trust Company.

Moka

Seed Round in 2015
Moka Financial Technologies Inc. is a Canadian company that operates a financial application designed to help users save and invest more effectively. Founded in 2015 and based in Montreal, Moka provides a unique service that automatically rounds up users' everyday purchases and invests the spare change, enabling individuals to start investing without requiring substantial financial knowledge or lifestyle changes. Since its launch in 2017, the app has gained significant popularity, with over 750,000 downloads and numerous positive reviews. In 2020, the company rebranded from Mylo to Moka and expanded its reach to France. Moka aims to enhance its offerings by leveraging artificial intelligence and human expertise to develop new features that assist users in managing expenses, accelerating debt repayment, and providing financial coaching, thereby empowering individuals to optimize their financial well-being.

KOHO

Seed Round in 2015
KOHO Financial Inc. is a financial technology company based in Toronto, Canada, founded in 2014. It offers low-cost banking services through a prepaid, reloadable Visa debit card and a mobile application designed to simplify financial management for users. The platform enables customers to conduct their daily banking operations while providing tools for expense management, such as setting financial goals, cash flow projections, group spending features, and spending insights. These functionalities allow users to effectively manage their finances and make informed spending decisions while on the go.

Planet DDS

Venture Round in 2015
Planet DDS, Inc. develops cloud-based practice management software specifically for the dental industry. Its flagship product, Denticon, provides a comprehensive solution that allows dental practices to manage various functions, including patient communication, clinical charting, and dental image management. The software enables users to access practice information through a graphical dashboard, facilitating real-time reporting and anytime, anywhere access. Additionally, Planet DDS offers outsourced business services to assist dental offices with administrative tasks, such as insurance verifications, while also ensuring data security and backup. Founded in 2003 and headquartered in Costa Mesa, California, the company serves a diverse clientele, including solo, group, and mobile dental practices across the United States.

Algolux

Seed Round in 2014
Algolux is a Canadian AI software company specializing in advanced perception technology for vision systems across various sensor types and challenging conditions. Founded by a team of recognized researchers led by Dr. Felix Heide, Algolux develops machine learning tools that enhance the performance and safety of vision systems while reducing costs and time-to-market. Their flagship product, Eos, offers superior accuracy in complex scenarios, enabling advanced multi-sensor fusion and serving as a cost-effective alternative to Lidar when paired with depth-sensing cameras. Additionally, their Atlas solution automates camera tuning, streamlining the process of achieving optimal image quality for computer vision tasks. By leveraging deep perception technology and computational imaging, Algolux provides clients with improved capabilities in camera design and image processing, addressing challenges in various environments, including extreme lighting and adverse weather.

Mirametrix

Series A in 2014
Mirametrix Inc. is a Montreal-based company that specializes in artificial intelligence technology for human-computer interaction. Founded in 2008, it has developed an attention-sensing platform that detects and tracks face, eyes, gaze, and emotions. The company's flagship product, Glance, is an attention sensing software that offers features such as presence detection, facial recognition, and eye and gaze tracking. This technology is integrated into consumer electronics, automotive applications, and mobile devices, allowing clients to enhance user experiences across various platforms. Mirametrix aims to provide natural and intuitive interactions between users and their devices through its proprietary technology.

Microdea

Venture Round in 2013
Microdea Inc. is a company that specializes in the development, deployment, and support of document management and business process automation solutions. It primarily serves customers in sectors such as transportation, healthcare, higher education, insurance, and financial services across the United States, Canada, and Europe. The company's offerings include Synergize imaging, document management, workflow automation, records management, eForms, and email integration for Outlook. Microdea also provides a range of services, including consulting, implementation, training, and disaster recovery. Established in 1995 and headquartered in Markham, Canada, the company has formed a strategic alliance with TMW Systems and operates as a subsidiary of Pegasus TransTech Corporation. Microdea's technologies aim to streamline manual, paper-intensive processes, allowing organizations to efficiently capture, organize, and manage critical business documents within a unified platform.

Castle Rock Innovations

Venture Round in 2013
Castle Rock Innovations, Inc. is a Chicago-based enterprise technology services provider, specializing in a range of solutions for various industries, including capital markets, insurance, banking, healthcare, retail, manufacturing, and software services. Founded in 2003, the company leverages its technical expertise and business acumen to deliver information management services, management consulting, custom software development, and cloud computing solutions. Notably, it offers the AXIS Retirement Analytics Platform, a web-based service designed to assist retirement plan fiduciaries in meeting regulatory fee disclosure requirements. With a strong focus on the financial services sector, Castle Rock Innovations has earned recognition as one of the fastest growing private companies in the United States. Its comprehensive service offerings also include collaboration and social networking development, enterprise application integration, and web design, enabling clients to enhance their operational efficiency and compliance.

Minitrade

Seed Round in 2013
Minitrade, Inc. operates an online platform that facilitates the buying and exchanging of branded clothing for women, children, and maternity needs. Established in 2012 and based in Quebec City, Canada, Minitrade allows users to sell and exchange gently used clothing items, including tops, bottoms, dresses, swimwear, and shoes for girls, boys, and women. The platform caters to busy parents seeking to declutter their closets while providing access to high-quality clothing at significantly reduced prices, often up to 70 percent off retail. Minitrade's growth is evidenced by its expansion to 6,000 active members within its first year, reflecting a strong demand for affordable, sustainable fashion options. The company was founded by Isabelle Doucet, who recognized a gap in the market based on her personal experiences as a parent.
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