Leaders Fund

Leaders Fund is a venture capital firm based in Toronto, Canada, with an office in Atlanta, Georgia. It concentrates on seed to early-stage investments in cloud-based enterprise software and SaaS, with a focus on B2B applications and technologies such as mobile, cloud computing, and machine learning. The firm backs companies in Canada and the United States, and tends to invest between 1 million and 5 million per company, taking roughly 5% to 20% equity. Founded in 2016, Leaders Fund operates with an evergreen, flexible structure to align with portfolio companies and to partner with other investors on deal structure and growth strategies.

Stephen DeBacco

Co-Founder and Managing Partner

Gideon Hayden

Co-Founder and Managing Partner

David Kamenetsky

Principal

David Macdonald

Venture Partner

Dave MacDonald

Venture Partner

David Stein

Co-Founder and Managing Partner

Past deals in Georgia

Toolpath

Seed Round in 2024
Toolpath is a distributed machining platform that accelerates innovation from prototype to production by enabling rapid creation of CNC machined parts. The company develops automatic programming software and intelligent CAM tools that digitally design parts and determine efficient machining strategies for CNC mills, helping creators prototype and manufacture parts rapidly with AI-assisted guidance. Founded in 2021 and based in Atlanta, Georgia, Toolpath focuses on enabling faster product development and scalable CNC machining.

CallRail

Venture Round in 2017
CallRail, Inc. is a business-to-business software company that specializes in phone call tracking, recording, and analytics services aimed at helping data-driven businesses enhance their marketing efforts. Founded in 2011 and based in Atlanta, Georgia, CallRail provides a platform that allows users to measure phone call conversions from various marketing campaigns, including digital and offline channels. The software automatically assigns tracking phone numbers to the appropriate audience, captures the visitor journey before and after calls, and enables users to manage multiple companies and locations from a single account. Additionally, CallRail's tools help marketers optimize the performance of their advertising campaigns, improve sales effectiveness, and enhance customer retention by providing comprehensive insights into inbound leads generated through calls, forms, and chats.
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