L-SPARK

L-SPARK Corporation is an incubator and accelerator based in Ontario, Canada, focusing on investments in B2B startups, particularly in cloud computing software, enterprise software, and SaaS business models. Founded in 2014, L-SPARK selects up to eight startups for its incubator program every six months, providing them with mentorship, office space, and resources valued at approximately $40,000 at no cost. Startups can receive initial funding of $40,000 in exchange for equity, with additional funding opportunities based on their performance. The accelerator program, lasting nine months, targets post-incubator companies, offering them up to $90,000 in funding along with potential additional investments for top performers. L-SPARK leverages relationships with venture capitalists and industry leaders to facilitate connections and drive growth, aiming for significant revenue increases and successful funding rounds. The firm has accelerated 51 companies to date, with over half successfully raising follow-on funding totaling more than $45 million. L-SPARK also collaborates with major corporations to foster innovation in areas such as autonomous vehicles and secure IoT solutions.

Cigdem Altay Binal

Business Development Director

Laurie Davis

Advisor

Jamie Keeley

Director of Marketing

Past deals in Ontario

Qidni Labs

Venture Round in 2020
Qidni Labs Inc., based in Kitchener, Canada, focuses on developing innovative renal replacement therapies for individuals suffering from End Stage Renal Disease (ESRD). With over two million patients globally facing this condition, the demand for effective treatment options is significant. Currently, patients rely on dialysis as a critical interim solution while awaiting kidney transplants, yet the survival rate for those on dialysis falls below 40% within five years. Furthermore, the financial burden of dialysis can exceed $60,000 annually in Canada and the United States, in addition to the physical and emotional challenges patients endure due to complications and lifestyle limitations. Qidni Labs aims to address these pressing issues by advancing therapies that could improve treatment outcomes and enhance the quality of life for those affected by ESRD.

LocateMotion

Seed Round in 2020
Whether it be a child who gets easily distracted and lost or senior showing signs of cognition loss and symptoms of Alzheimer’s or Dementia, there needs to be a way to stay together. Knowing that coping with these symptoms can be challenging, we developed an affordable all in one intuitive solution for families that support members who may have a disability. Our GPS & 3G/4G Wireless smartwatch and app allows families and caregivers to "stay together" with a loved one. This “simple to use” one touch solution also provides your loved ones with the confidence, self-esteem, and peace of mind of knowing that assistance is always just a quick click away.

Hyivy Health

Pre Seed Round in 2020
Hyivy Health creates an intelligent and holistic pelvic rehabilitation device for the 1 in 3 women worldwide who will experience a pelvic health complication in their lifetime. Our device provides the first quantifiable data set on the pelvic floor and 3 different therapies from multiple sensors and mechanical functions to help keep track of progress, adapt treatment plans and provide more effective, comfortable rehab experiences.

HelpWear

Venture Round in 2020
HelpWear Inc., founded in 2015 and based in Toronto, Canada, specializes in home heart monitoring products that integrate an emergency contact system. The company is dedicated to enhancing at-home healthcare by creating affordable and accessible solutions for patients globally. HelpWear emphasizes innovation driven by clinical needs, ensuring that its products address both patient requirements and the demands of the healthcare system. Through its focus on practical and effective healthcare solutions, HelpWear aims to improve patient outcomes and streamline health monitoring at home.

Home Health Systems

Seed Round in 2020
Home Health Systems delivers first in class, small lightweight vital signs monitoring. MySafetyPatch is an ideal add on to physician's video examination software, supporting complete virtual exams using five vital signs and motion. SafetyPatch provides similar features for inpatient and outpatient use. SPORTsSAFER provides individual and team athlete monitoring.

FluidAI Medical

Pre Seed Round in 2020
NERv Technology Inc. develops an implantable biochip with biosensors to detect post-operative complications, such as internal bleeding, leakage of bodily fluids, and infection within the abdominal cavity. The biosensor collects data and identifies the complications as it develops and informs both patient and physician in real-time. It also detects changes in the levels of biomarker. The company serves physicians, surgeons, hospitals, and patients. NERv Technology Inc. was founded in 2014 and is based in Kitchener, Canada.

HeroHub

Pre Seed Round in 2020
HeroHub is an online platform that creates a greater social impact by connecting local charities & non-profits to individuals or businesses who are seeking volunteer opportunities, charity events, and to donate new or gently-used items!

Reshift security

Seed Round in 2020
Reshift Security Inc. develops secure software for organizations. The company is based in Nepean, Canada.

Sensor Cortek

Pre Seed Round in 2019
Sensor Cortek is a company specializing in the design of embedded artificial intelligence solutions for the vehicle of the future. Our mission is to improve operational safety in self driving and advanced driver assistance systems by injecting software intelligence into automotive sensors.

MyPITBOARD

Pre Seed Round in 2019
Developer of an on-board real-time tracking platform intended to provide riders with instant feedback for motocross and enduro racing. The company's device specializes in an onboard real-time feedback system that instantaneously displays relevant racing information like lap times, segment times, section times, and holeshot times, providing riders, no matter the skill level, with the training techniques that will bring their racing abilities to the next level.

nugget

Pre Seed Round in 2019
nugget is a recruiter company.

Neurovine

Pre Seed Round in 2019
Neurovine is a health care company.

Evolved Vehicle Environments

Pre Seed Round in 2018
Evolved Vehicle Environments is a software company that transforms he connected car experience and evolves Digital LifeStyle into the car. Working with robust platform providers, EVE provides OEM's with a fully customizable in-vehicle ecosystem featuring unparalleled design, tethered and untethered in-vehicle apps, a comprehensive feature set, and continuous innovation. The company aims to be the leader in providing the most intelligent, innovative, and sophisticated experience for drivers by leveraging leading-edge technologies, integrating with emerging technologies and continually improving the user experience. Founded in 2015, EVE is headquartered at Ontario, Canada.

Wavve Boating

Pre Seed Round in 2018
Ever felt uneasy navigating new waters? Wanted to know a friend’s location? Or looking for the best place to launch your boat or anchor for the night? The Wavve Boating app makes on-the-water navigation and collaboration as simple, intuitive, and accessible as Google Maps and Waze make land travel. With Wavve, boaters get the navigation experience they expect in 2017. App Features: Intuitive Navigation Experience - Using GPS location services available in all smartphones, Wavve plots your real-time location on the map so you can see exactly where you are in relation to land, markers, and those dreaded shoals. Your location icon also indicates your current direction based on your vessel’s bearing. Customized Charts - Wavve’s innovative approach allows you to view and manipulate charts based on your unique needs and preferences. You choose your draft to create the map experience most relevant to your vessel. Wavve’s proprietary interface strives to present digital charts as simply as possible – anywhere that’s shaded red is shallower than your specified draft. Zoom in your map view to see sounding data for these danger areas only, or zoom in further to access all available soundings. You can also filter to find mooring locations, boat ramps, marinas, and more using our map pin functionality. Collaborative Contribution Our map pinning functionality allows users to share their knowledge of the waterways by adding mooring, boat ramp, marina, fishing, and point of interest locations directly to the map. The community also validates all pins using a voting system. Safety (and fun!) in Numbers With Wavve, you can enable location sharing to allow other Wavve users to see where you are. Of course, this also means you can see where other boaters are as well. The Wavve Boating app is available for a free fourteen trial and is just 99 cents a month to continue your subscription.

Noibu

Pre Seed Round in 2018
Noibu Technologies Inc. develops a platform which provides data of online shoppers for visual merchandise planning, product placement, and marketing purposes for retail industry. Its products include basic Noibu, which consist a virtual storefront; Noibu, which provides a virtual storefront with data analytics; and Noibu plus, which provides a virtual storefront with advanced data analytics. The company was founded in 2017 and is based in Ottawa, Canada.

Brokrete inc.

Pre Seed Round in 2018
Brokrete is the first real-time storefront solution for suppliers in the construction industry. A specialized e-commerce platform built for the construction commodity market. Brokrete offer suppliers and partners the opportunity to build their own real-time delivery platform and offer contractors a smarter and easier way to manage ready-mix concrete, aggregates and construction commodities orders through a centralized platform.

Transparent Kitchen

Pre Seed Round in 2017
Transparent Kitchen's mission is to enable our industry to transition into an exciting future by developing the first intelligent food and beverage discovery platform. We create meaningful content that effectively tells the stories of our restaurants, chefs, and suppliers, empowering the next generation of diners

Iamsick

Seed Round in 2017
Iamsick is a Toronto-based company that operates a digital health platform, iamsick.ca, designed to enhance the healthcare experience for patients and providers in Canada. Founded in 2012, the platform allows users to efficiently filter healthcare options by provider type, location, hours of operation, and language. Patients can find nearby healthcare services, book appointments online through an integrated e-booking system, and access virtual waiting rooms. The platform also assists clinics and pharmacies in managing appointments for various services, including flu shots and medication checks. By maintaining a comprehensive registry of patient-centered information, Iamsick improves care coordination and empowers users with real-time data, including wait times and appointment notifications. Additionally, the company offers back-end analytics to support regional healthcare resource management and system planning, serving patients, healthcare providers, and healthcare leaders across Canada.

Member365

Seed Round in 2017
Member365 Inc., incorporated in 2016 and based in Ottawa, Canada, offers an online membership management software platform tailored for member-based organizations. As a subsidiary of Pixelera Inc., Member365 helps these organizations grow their memberships and automate various data-driven tasks while enhancing member engagement. The platform features a comprehensive suite of tools, including committee management, contact records, continuing education tracking, email marketing, event management, financial management, and fundraising capabilities. By streamlining these processes, Member365 eliminates the reliance on traditional methods such as Excel spreadsheets, allowing organizations to focus on their core missions and improve interactions with their members.

VigilantCS

Pre Seed Round in 2017
VigilanCS is a RegTech solution focused on compliance automation for the financial services industry. Their platform serves as a knowledge-base and centralized hub for dealers, advisors and investment fund managers that enables cost-effective compliance, improved controls and analytics to reduce conduct risk. VigilantCS enables you to enhance the value of your firm as a trusted brand by supporting your staff in serving the financial needs of clients.

Portia International

Pre Seed Round in 2017
Portia International Inc. develops ABA clinic software and data collection solutions for behavior analysts, clinics, and school districts. Its software combines curriculum, electronic medical records, and data collection; and includes features for individual and group sessions, task analysis, automatic target progression, session notes, HIPAA compliance, insurance and billing integration, and more. The company was founded in 2012 and is based in Ottawa, Canada.

Advolv

Pre Seed Round in 2017
Advolv Inc. is a Canadian company based in Toronto that specializes in developing tools for Twitter audience discovery. These tools enable users to analyze their target audiences effectively, facilitating better engagement through tailored messaging. Advolv's platform allows for the management of social media campaigns, marketing strategies, and advertising efforts, helping users to schedule and publish messages while also analyzing the outcomes of their campaigns. The company's solutions are applicable in various contexts, including conferences, social selling, and product launches, providing businesses with the means to connect with relevant leads by leveraging content that resonates with their audiences.

PropertySpark

Pre Seed Round in 2017
PropertySpark Inc. owns and operates a social media advertising platform where realtors advertise and publish content on social media. It enables the users to post content, such as ads and photos on Facebook page. The company caters to brokerages, virtual tour, and real estate marketing companies. PropertySpark Inc. was founded in 2016 and is based in Brampton, Canada.

Upchain

Pre Seed Round in 2017
Innovation has never been this easy. Upchain started in 2015 with the goal of changing what Product Lifecycle Management means for users across the supply chain. Existing solutions were built for multi-national companies, and suppliers down the chain were left out in the cold. We knew there was a better way. Our vision is a completely interconnected supply chain from the first nut to the final bolt, where collaboration is the default setting, and where mission-critical data is simultaneously accessible and secure. We think process doesn’t have to be as hard as it is, and we intend to make it a whole lot easier for everyone.

EnergyX

Pre Seed Round in 2017
EnergyX Solutions Inc. is a technology company based in Toronto, Canada, that specializes in energy management and conservation. Established in 2016, it offers an innovative software platform designed for energy providers, facilitating customer engagement in energy efficiency programs. The platform, known as MyEnergyXpert, conducts online energy audits and acts as a marketplace, enabling utilities and energy retailers to effectively involve customers. It automates personalized interactions with users and employs artificial intelligence to generate tailored recommendations. Additionally, the platform equips program managers with real-time tracking of customer journeys, along with insights and recommendations for future program development. EnergyX aims to simplify energy savings initiatives for both residential and commercial clients, believing that its solutions can significantly contribute to reducing global greenhouse gas emissions.

Cybeats Technologies

Pre Seed Round in 2017
Cybeats provides an immune system for IoT devices. Taking an "inside-out" approach to cybersecurity, Cybeats’ software is implanted into Enterprise IoT devices to provide continuous protection, allowing devices to detect the most sophisticated threats instantly and gather data to help security professionals neutralize them. Cybeats’ Cloud SaaS Ecosystem analyzes data from the infected device, providing CSOs and IT pros a full diagnosis and treatment plan for the threat, saving them time and money.

Optimity

Pre Seed Round in 2016
Optimity Inc. operates a corporate wellness platform designed to enhance employee engagement through the incorporation of micro-habits. The platform enables workers to take brief, productive breaks lasting from 30 seconds to two minutes, during which they can practice health-focused activities aimed at improving mood, focus, and social connections within their workplace culture. Optimity offers a range of micro-habits, including stress-relief exercises, stretches, mindfulness practices, and hydration reminders, catering to diverse professionals from various industries. The company employs behavioral science strategies, gamification, and community engagement to motivate users towards healthier choices. Targeting B2B clients, particularly in the life insurance sector, Optimity helps organizations reduce acquisition costs by generating quality leads through its wellness initiatives. Headquartered in Toronto, Canada, Optimity was previously known as myHealthSphere Inc.

Buildmetric

Pre Seed Round in 2016
Buildmetric Inc. develops construction management software tailored for home builders. Founded in 2014 and based in Ottawa, Canada, the company assists project managers in identifying construction defects on-site and assigning tasks to trades, while also facilitating real-time progress reporting. Additionally, Buildmetric simplifies the warranty process through its warranty inspection feature. The company's leadership comprises Philip Tabet, co-founder and CEO, who has over 12 years of experience in construction management, and co-founders Bailey Hu and Arash Malekzadeh, who bring extensive expertise in software design and development. This combination of industry knowledge and technological proficiency enables Buildmetric to create user-friendly software that enhances collaboration and effectiveness within the construction sector.

Intelocate

Pre Seed Round in 2016
Intelocate develops cloud based communication and execution platform which enables retailers configure a network of brand, vendor and sales associates to optimize execution in the retail channel. The company was founded in 2015 and is based in Toronto, Canada.

TitanFile

Seed Round in 2016
TitanFile Inc. develops a cloud based enterprise file sharing solution that enables professionals to exchange files. Its platform automatically organizes messages and documents around clients, groups, or projects, reducing filing overhead and increasing productivity; and allows professionals to share any type of file, including word documents, power point slides, and PDFs. The company’s platform provides email integration, group communication, audit logs, mobile access, client portal, data and residency, enterprise integration, and user management solutions. In addition, it offers its product as a customized on premise solution. The company serves accounting, government, health care, higher education, human resources, legal professionals, and manufacturing industries. TitanFile Inc. was founded in 2011 and is based in Waterloo, Canada with additional offices in Toronto and Kitchener, Canada.

EssayJack

Pre Seed Round in 2016
EssayJack is an interactive web platform that pre-structures student essays, reduces writing anxiety, and allows educator customization and feedback. EssayJack has been ranked as one of the top teaching digital innovations in the world by the British Council and Cambridge English and was created by award-winning educators.

Webstage

Pre Seed Round in 2015
WebStage is a Target Fuel technology that was born when experts in the fields of online marketing, website personalization and web analytics teamed up to make website marketing less “technical”. Websites have always presented a challenge for marketers who don’t have a computer science degree. Most of the time, someone else codes the website, someone else oversees the website, and someone else owns the website! WebStage provides easy ways to personalize content without delays or technical expertise. It allows any marketer to quickly and easily add or alter web content to keep on-site visitors informed and engaged. In minutes, marketers can launch personalized content on any number of pages for different target audiences - a task that typically takes weeks and cost thousands.

InvataCloud

Pre Seed Round in 2015
InvataCloud Inc (formerly Advantage Connect Pro) is located in the capital of Canada, Ottawa, Ontario and is an official Adobe Solutions Provider as well as a partner with Microsoft, Desire2Learn and Blackboard. The InvataCloud team is comprised of a strong team devoted to managing our hosted environments around the clock, as well as a knowledgeable sales department that can offer personalized assistance with your infrastructure in order to build the best possible setup for your Adobe Connect server.

ZINation

Pre Seed Round in 2015
ZINation is an all-in-one tech stack that allows brands to provide their consumers with seamless multi-channel engagement. This tech stack can replace many broken integrations brands currently use to engage with their leads and customers. ZINation covers all steps of engagement from sales collateral (product catalog, wholesale line sheet, flyer, product brochure) to invoicing (invoice, receipt, thank you note). Each step of the way is automated, personalized and contextualized.

Intelocate

Pre Seed Round in 2015
Intelocate develops cloud based communication and execution platform which enables retailers configure a network of brand, vendor and sales associates to optimize execution in the retail channel. The company was founded in 2015 and is based in Toronto, Canada.

PunchTime

Pre Seed Round in 2015
Punchtime believes that technology is the greatest opportunity to improve worksite operations. They work to build simple solutions for smarter worksites. At Punchtime, they value and empower everyone to move great ideas forward, from their co-founders to our latest hires. They believe unique perspectives and viewpoints contribute to their ability to innovate and lead in global markets. Diversity helps fuel their individual, community, and corporate growth.

Mydoma Inc.

Pre Seed Round in 2015
Mydoma Inc. is a Canadian company that specializes in developing Mydoma Studio, an online platform tailored for interior design professionals. This platform facilitates collaboration between designers and their clients, enabling effective project management and business operations. Mydoma Studio offers features such as customizable branded login portals, personal product catalogs, client shopping lists, designer pricing budgets, and mood boards. The software is designed to streamline workflow by allowing designers to share, discuss, and receive feedback on projects, thus enhancing client presentations and overall project organization. Incorporated in 2014 and based in Ottawa, Mydoma Inc. aims to empower interior designers with tools that promote efficiency and profitability in their businesses.

LevelJump

Pre Seed Round in 2015
LevelJump Software develops a video SaaS platform that sales teams use to reduce onboarding time, accelerate performance ramp, and increase win rates for capture, curation, and delivery of bite size peer to peer videos in CRM. The company was formerly known as Lurniture. LevelJump Software was founded in 2014 and is based in Toronto, Canada.

BidFoundry

Pre Seed Round in 2014
BidFoundry is a specialized online retail and auction platform that connects qualified buyers of investible collectibles with trusted dealers and auction firms through targeted marketplaces. It provides a back end to manage every step of the sales and auction processes, from inventory listing to live auction management, payment processing, and customer management allowing professional dealers to manage and grow their stamp or collectibles business. BidFoundry was founded in 2013 and is based in Ontario, Canada.

Hangry

Pre Seed Round in 2013
Hangry Solutions Inc. is a Toronto-based company that specializes in developing mobile applications tailored for campus dining and auxiliary services at higher education institutions. Founded in 2012, Hangry offers a mobile ordering and loyalty platform that integrates seamlessly with various campus card systems. The platform features modules for food ordering, dietary filtering, nutrition tracking, and campus-wide loyalty and rewards. Additionally, it supports rich-push marketing, announcements, surveys, and feedback, allowing institutions to effectively engage with students. By providing a branded mobile app, Hangry aims to enhance the on-campus experience for students, ensuring they have convenient access to dining options and relevant information.

Bluink Ltd

Pre Seed Round in 2011
Bluink Ltd., an identity and access management company, specializes in phone as a token solutions for consumers and enterprises. The company offers bluink key, a suite of password management and FIDO U2F device, and iOS and Android application that connects smartphone directly to any machine via Bluetooth; and bluink enterprise, an identity and access management solution that allows users to securely access devices and applications. It sells its products online. The company was founded in 2010 and is based in Ottawa, Canada.

Cliniconex

Pre Seed Round in 2011
Cliniconex believes that patient engagement is at the heart of a better healthcare system and that effective patient engagement must be personalized, autonomous, and manageable. Driven by your clinic’s preferred workflow, our light touch, automated communication, and reporting software not only streamlines pre and post-visit outreach but also offers an extremely customizable platform for preventive patient care and individualized patient health education.