Amplify Capital

Amplify Capital is a Canada-based private equity firm established in 2016, focusing on early-stage investments in the clean energy, education, and healthcare sectors. As the successor to the MaRS Catalyst Fund, it aims to support mission-driven companies that create both financial and social returns. Amplify Capital invests in disruptors that align profit with purpose, encouraging partners and co-investors to join in supporting these impactful enterprises. By strategically investing in companies that prioritize social impact, Amplify Capital seeks to shape a better future through its financial activities.

Daniel Armali

Principal

Gonen Hollander

Senior Associate

Kathryn Wortsman

Managing Partner

31 past transactions

Verto Inc.

Seed Round in 2020
Verto Inc. designs and develops digital platform for the healthcare industry and provides healthcare services. The company provides hybrid virtual care, non standard clinical workflows, microprocessor without interlocked pipelined stages (MPIS) recovery, patient engagement hub, care coordination, and patient throughout. Verto Inc. was incorporated in 2009 and is based in Toronto, Canada.

Future Design School

Seed Round in 2016
Future Design School supports future ready skill development through project based learning and deep inquiry. They support schools looking to enhance personalized and experiential learning opportunities for students. Schools and teachers across North America leverage their professional development, comprehensive curriculum and strategic support. Their team works with school leaders to establish unique differentiation and build holistic, long term strategic plans that have immediate, tangible impact.

Pathway Medical

Seed Round in 2021
Pathway is a health tech company working on helping clinicians and patients access important medical information more effectively throughout the care journey. We leverage AI and big data to create a medical knowledge graph and software solutions that drive evidence-based medicine into clinical practice.

CellAegis Devices

Series C in 2017
CellAegis Devices Inc. develops, manufactures, and commercializes medical devices. It develops autoRIC Device, an automated device for point of care delivery of remote ischemic conditioning (RIC) to provide a non-invasive, cardio-protective therapy to reduce heart damage during heart attacks and other cardiovascular procedures. The company also offers CRICtrac, a mobile app that allows clinicians to provide patients with self-delivered chronic RIC therapy in the home setting. It offers products for hospital, ambulance, or home settings, as well as recovery and public markets in Canada and Europe. The company is based in Toronto, Canada.

Inkblot

Seed Round in 2020
Inkblot is Canada’s top high-quality, secure and affordable video counselling service. They use proprietary matching algorithms to connect clients with the most effective mental health counsellors or life coaches based on their needs and preferences. Sessions can take place from the comfort of home or a quiet space at work..Life is filled with uncertainty, complexity, and ambiguity. Overwhelmed, people endure in silence: feeling empty, withdrawn, and unsettled without sufficient supports.

InVivo AI

Pre Seed Round in 2019
InVivo AI is using artificial intelligence to streamline pharmaceutical R&D, with an initial focus on preclinical toxicology. Contact us to learn about everything else we have in our development pipeline.

Classcraft

Venture Round in 2017
Classcraft Studios Inc. develops web and mobile application based classroom-behavior-management tools. The role-playing game tools enable teachers to manage, motivate, and engage the students by transforming the classroom into a role-playing game. The company was incorporated in 2013 and is based in Sherbrooke, Canada.

Flosonics

Seed Round in 2018
Flosonics is a medical device company that focuses on developing non-invasive sensors to improve the management of critically ill patients. Flosonics's flagship smart-bandage product, the FloPatch, addresses unmet clinical needs of critically ill patients and the physicians, nurses, and paramedics who care for them in the ambulance, emergency department, operating room, and intensive care unit.

Ditch Labs

Seed Round in 2023
Ditch Labs is a digital health company pioneering substance addiction treatment by combining AI-driven behavioural therapy with revolutionary drug delivery devices. Using a novel digital therapeutic approach, Ditch is aiming to solve the world’s leading cause of preventable death, starting with nicotine addiction.

ALT TEX

Pre Seed Round in 2021
ALT TEX is creating sustainable textiles regenerated from post-industrial waste.

LUCID

Seed Round in 2022
Mobile based music therapy based on biometric and mood profiles for stress reduction

Uvaro

Series A in 2021
Kiite is a sales platform provider that allows sales teams to capture, organize, and deliver the information needed to close deals. The company's tech sales training program, operating as Uvaro, equips students to pursue or grow their careers in tech sales. Uvaro’s unique curriculum made up of online, live classes, online collaborative working sessions, and optional internships close common skills gaps and are designed to enrich and level up the talent pool for tech sales roles Donna Liitt, Joseph Fung, and Robert Chaplinsky co-founded the Kiite in 2017 in Waterloo, Ontario.

Inkblot

Seed Round in 2020
Inkblot is Canada’s top high-quality, secure and affordable video counselling service. They use proprietary matching algorithms to connect clients with the most effective mental health counsellors or life coaches based on their needs and preferences. Sessions can take place from the comfort of home or a quiet space at work..Life is filled with uncertainty, complexity, and ambiguity. Overwhelmed, people endure in silence: feeling empty, withdrawn, and unsettled without sufficient supports.

Hydrostor

Venture Round in 2019
Hydrostor Inc. develops a compressed air energy storage solution, a technology to address electricity system needs for dispatchable capacity, renewable integration and optimization, transmission deferral, and behind-the-meter or remote applications. The company solutions delivers bulk energy storage that is synchronous and emission-free to locate, including the ability to repurpose retired coal plants and leverage existing mining infrastructure. Its solutions are used in fossil plant repurposing, renewable integration, transmission deferral, and mines and large industrial operations. The company serves customers in the United States, Australia, and Canada. It has a strategic partnership with AECOM. The company was founded in 2010 and is based in Toronto, Canada.

ChallengeU

Seed Round in 2015
ChallengeU is the perfect solution for those who do not have time to go back to school,

Hydrostor

Series B in 2016
Hydrostor Inc. develops a compressed air energy storage solution, a technology to address electricity system needs for dispatchable capacity, renewable integration and optimization, transmission deferral, and behind-the-meter or remote applications. The company solutions delivers bulk energy storage that is synchronous and emission-free to locate, including the ability to repurpose retired coal plants and leverage existing mining infrastructure. Its solutions are used in fossil plant repurposing, renewable integration, transmission deferral, and mines and large industrial operations. The company serves customers in the United States, Australia, and Canada. It has a strategic partnership with AECOM. The company was founded in 2010 and is based in Toronto, Canada.

Knockri

Seed Round in 2020
Knockri Inc. develops an artificial intelligence based video soft skill assessment tool that reduces hiring bias and eliminates unsuccessful interviews. The company was incorporated in 2016 and is based in Toronto, Canada.

Classcraft

Series A in 2019
Classcraft Studios Inc. develops web and mobile application based classroom-behavior-management tools. The role-playing game tools enable teachers to manage, motivate, and engage the students by transforming the classroom into a role-playing game. The company was incorporated in 2013 and is based in Sherbrooke, Canada.

Classcraft

Venture Round in 2021
Classcraft Studios Inc. develops web and mobile application based classroom-behavior-management tools. The role-playing game tools enable teachers to manage, motivate, and engage the students by transforming the classroom into a role-playing game. The company was incorporated in 2013 and is based in Sherbrooke, Canada.

Chalk

Grant in 2014
Chalk is a planning and analytics platform that enables K-12 schools and districts to develop a cohesive, standards-aligned map for curriculum and instruction. From small, independent schools to large, national school networks, Chalk is behind the academic strategies influencing millions of students.

Sylvatex Inc

Seed Round in 2020
Sylvatex, Inc. operates as a fuel technology company. It develops a technology recipe and process for combining vegetable-oil-based surfactants with microbubbles of water and ethanol to form a microemulsion that allows oil companies to reduce their costs and produce green diesel fuel. The company was founded in 2007 and is based in Los Angeles, California.

Sylvatex Inc

Series A in 2022
Sylvatex, Inc. operates as a fuel technology company. It develops a technology recipe and process for combining vegetable-oil-based surfactants with microbubbles of water and ethanol to form a microemulsion that allows oil companies to reduce their costs and produce green diesel fuel. The company was founded in 2007 and is based in Los Angeles, California.

EarlyBird

Seed Round in 2022
Developer of cloud-based educational software designed to offer early detection of literacy challenges and appropriate, customized instruction. The company's platform detects literacy challenges including predicting risk for dyslexia and offers screening, dashboard and data analytics, customized instruction, resources, evidence-based tools, and support to translate data into meaningful action, enabling teachers, parents, pediatricians, and other clinicians to help students get back on track.

Pathway Medical

Seed Round in 2023
Pathway is a health tech company working on helping clinicians and patients access important medical information more effectively throughout the care journey. We leverage AI and big data to create a medical knowledge graph and software solutions that drive evidence-based medicine into clinical practice.

Carbon Upcycling

Series A in 2023
Carbon Upcycling Technologies (“CUT”) was formed to use the pollution of today to build the materials of tomorrow by converting CO2 gas into solid products. CUT sells advanced solid products derived from greenhouse emissions and cheaply available solids. Since 2014, CUT has scaled its ability to capture CO2 emissions from point sources, such as power plants, by over a million times and has technically validated the performance of its end products in over 10 different industrial markets. Through its portfolio of CO2-derived solid nanoparticles, CUT has technically validated its solutions for use in the plastics, coatings, epoxy, adhesives, concrete, lithium-ion battery, and pharmaceutical industries. CUT commercialized a corrosion-resistant coating, utilizing its nanoparticles, in 2017, becoming the youngest CO2 utilization company to generate commercial revenue (<2.5 years since inception) and has since been confirmed as one of the top CO2 utilization companies in the world as one of the 10 Carbon X-Prize Finalists. CUT has been named as a Solar Impulse Efficient Solution label recipient, a funding recipient of Fundación Repsol Entrepreneurs Fund, and a winner of the 2019 76West Clean Technology Competition.

Ditch Labs

Pre Seed Round in 2021
Ditch Labs is a digital health company pioneering substance addiction treatment by combining AI-driven behavioural therapy with revolutionary drug delivery devices. Using a novel digital therapeutic approach, Ditch is aiming to solve the world’s leading cause of preventable death, starting with nicotine addiction.

Future Fields

Series A in 2023
They are Future Fields, a group of Canadian innovators working to expand the reach of cellular agriculture into accessible consumer products. To this end, we are currently focused on developing a cheap and effective serum-free growth media for producing cultured meat.

Carbon Upcycling

Venture Round in 2022
Carbon Upcycling Technologies (“CUT”) was formed to use the pollution of today to build the materials of tomorrow by converting CO2 gas into solid products. CUT sells advanced solid products derived from greenhouse emissions and cheaply available solids. Since 2014, CUT has scaled its ability to capture CO2 emissions from point sources, such as power plants, by over a million times and has technically validated the performance of its end products in over 10 different industrial markets. Through its portfolio of CO2-derived solid nanoparticles, CUT has technically validated its solutions for use in the plastics, coatings, epoxy, adhesives, concrete, lithium-ion battery, and pharmaceutical industries. CUT commercialized a corrosion-resistant coating, utilizing its nanoparticles, in 2017, becoming the youngest CO2 utilization company to generate commercial revenue (<2.5 years since inception) and has since been confirmed as one of the top CO2 utilization companies in the world as one of the 10 Carbon X-Prize Finalists. CUT has been named as a Solar Impulse Efficient Solution label recipient, a funding recipient of Fundación Repsol Entrepreneurs Fund, and a winner of the 2019 76West Clean Technology Competition.

Moozoom

Seed Round in 2022
Moozoom is a social-emotional learning platform for elementary school students.