MaRS Investment Accelerator Fund

MaRS Investment Accelerator Fund (IAF) is an early stage venture capital firm based in Toronto. Since 2008, we have partnered with over 150 companies built by extraordinary founders. For more information, please visit www.marsiaf.com

Connor Edwards

Senior Investment Manager

Michael Ho

Entrepreneur In Residence

Kevin Madill

Investment Director

Past deals in Canada

Brokrete inc.

Funding Round in 2023
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.

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.

Acto

Series B in 2022
ACTO is an omnichannel education and engagement platform for life sciences companies. They use AI-powered mobile experiences and agency partnerships to educate and engage field reps, physicians and patients, while giving senior commercial and clinical leaders real-time insights. ACTO is a one-stop-shop sales, marketing, and training platform designed to help life sciences companies effectively communicate their clinical evidence story, increase sales, and gather field intelligence.

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. designs and develops a platform, which offers customized recreational programs. The software analyzes the data related to the resident and provides recreation programs according to them. The company was incorporated in 2016 and is based in Ottawa, Canada.

Cosm Medical

Seed Round in 2022
Cosm Medical is a VC-backed health-tech startup building and commercializing a software-enabled medical device platform to improve the lives of women affected by pelvic floor disorders.

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.

Funnelytics

Seed Round in 2022
Funnelytics Inc., founded in 2017 and based in Toronto, Canada, specializes in developing a funnel mapping and analytics tool tailored for digital marketers. The software allows users to design, track, and analyze marketing funnels, enabling a more effective approach to marketing analysis. Funnelytics provides features that allow enterprises to create custom funnels or utilize existing templates, facilitating the measurement of performance across various channels. Users can estimate campaign conversion rates, assess expenses and traffic volumes, and calculate profit and return on investment. This functionality empowers marketers and business owners to visually map and track their sales and marketing campaigns, ultimately enhancing their overall marketing effectiveness.

Nicoya Lifesciences

Series A in 2021
Nicoya Lifesciences Inc. develops sensor products to get affinity, kinetics, and specificity for proteins, antibodies, DNA, RNA, enzymes, polymers, and small molecules. The company offers surface plasmon resonance (SPR) instruments, spectrophotometers, sensor chips, SPR reagents and kits, and SPR accessories; and OpenSPR, a personal label-free biomolecular analysis instrument. It also provides software solutions, such as TraceDrawer, a real-time kinetic analysis software; OpenSPR software that allows the control of the OpenSPR instrument and real time data acquisition; and OpenSpec, a software program for real time optical peak tracking. The company was founded in 2012 and is based in Kitchener, Canada.

LearnExperts

Seed Round in 2021
LearnExperts is developers of a creator platform that achieves rapid course creation through artificial intelligence.

Symboticware

Seed Round in 2021
Symboticware is an innovative, industry leader of standardized information-based technology that enhances the productivity, sustainability, profitability and safety of their customers operations through the strategic application of Symboticware’s data management solutions. Symboticware’s integrated technology provide advanced supervisory, control, and data acquisition & communication applications for commercial and industrial applications, where real-time data collection and data analytics are crucial for making better and more informed decisions. Their products and services are based on an open platform system, allowing customers to leverage their current investments as well as provide them with a foundation for boundless future technology integration. Originally developed for monitoring and control in underground mining, Symboticware technologies are used in many remote and rugged applications, from the far north to kilometers below the earth’s surface. With integrated applications from leading industry partners, Symboticware’s technology provides superior and customized solutions for any client, in any industry.

Brokrete inc.

Seed Round in 2021
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.

Haloo

Seed Round in 2021
Navigating the trademark search and registration process can be daunting and onerous for business owners and entrepreneurs. Heirlume is the first self-serve online trademark search and registration platform that integrates sophisticated legal thinking with technology. We make the complex trademark search and registration process fast, accurate, trusted and affordable for entrepreneurs and enterprise/e-com partners. Our search tool instantly runs the country-specific legal tests (i.e., “likelihood of confusion”) and performs lawyer analysis. Intelligent search algorithms provide an at-a-glance opinion of registerability (conflicts, descriptiveness, obscenity), displayed in simple visuals. Distilling the multiple data sets involved with drafting a trademark application requires time-consuming legal analysis. Our machine learning auto-suggest trademark application builder performs the lawyer work and removes room for error. While our first go to market strategy will target SME individual users, we see huge potential in expanding our market reach through key B2B partnerships as an upsell/add-on to a domain purchase (GoDaddy), or store set-up (Shopify or Amazon). Ultimately, we believe we can make trademark registration quick, easy and affordable, similar to the experience of registering a domain.

MedMe

Seed Round in 2021
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.

AmacaThera

Series A in 2021
AmacaThera Inc. is a biotechnology company based in Toronto, Canada, founded in 2016. The company specializes in developing and commercializing an innovative injectable hydrogel platform technology designed for various medical applications. This technology aims to enhance therapeutic delivery and improve patient outcomes across multiple healthcare sectors.

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.

Homewise

Seed Round in 2021
Homewise is a modern mortgage provider that uses technology to improve the consumer process. It is simple, transparent and sets the goal of getting our users the best mortgage. We take the guesswork out of the home buyer process with a simple online application, that uses human language. Further, we do the work for our users, by negotiating their deal with multiple lenders on their behalf to find them a great mortgage. Saving them time and most importantly money.

Aya

Seed Round in 2020
Aya Payments, Inc. is a healthcare fintech company based in Toronto, Canada, founded in 2018. The company specializes in developing innovative healthcare spending solutions designed to administer health benefits and adjudicate claims. Its offerings include novaHSA, a platform that enables users to access, manage, and monitor healthcare costs, and Dynamic Ledgering, which provides a range of financial products including payment, deposit, lending, and investment solutions tailored for fintech companies. Aya Payments primarily serves employees and their dependents, aiming to enhance the efficiency and effectiveness of healthcare financial management.

ProNavigator

Venture Round in 2020
ProNavigator provides an AI-driven knowledge-sharing platform, used by some of the largest insurance organizations, to save time, provide superior service, and seize revenue opportunities. The platform leverages advancements in artificial intelligence and natural language understanding to instantly and automatically retrieve answers to customers' and employees' questions.

Verto Inc.

Seed Round in 2020
Verto Inc. is a Toronto-based company that specializes in designing and developing digital platforms for the healthcare industry. Incorporated in 2009, Verto focuses on providing hybrid virtual care and healthcare services that enhance patient engagement and care coordination. The company utilizes digital twin technology to create smart integrations that connect various healthcare systems, including hospital information systems, electronic medical records, and laboratory information systems. This technology facilitates easier access to relevant patient information at different stages of care, streamlining clinical workflows and improving overall patient outcomes.

Fluence Technologies

Pre Seed Round in 2020
Fluence Technologies deals with cloud accounting, consolidation space and financial consolidation tools and provides in the market with a solution that is purpose-built to be easily owned and maintained by finance, all while providing the power and functionality of the most robust solutions. Deals with Financial Consolidation, Financial Planning & Analysis and Financial Close Management.

Funnelytics

Seed Round in 2020
Funnelytics Inc., founded in 2017 and based in Toronto, Canada, specializes in developing a funnel mapping and analytics tool tailored for digital marketers. The software allows users to design, track, and analyze marketing funnels, enabling a more effective approach to marketing analysis. Funnelytics provides features that allow enterprises to create custom funnels or utilize existing templates, facilitating the measurement of performance across various channels. Users can estimate campaign conversion rates, assess expenses and traffic volumes, and calculate profit and return on investment. This functionality empowers marketers and business owners to visually map and track their sales and marketing campaigns, ultimately enhancing their overall marketing effectiveness.

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.

VXG

Seed Round in 2020
VXG Inc. develops platform for streaming, processing, and recording live video. The company cameras of various locations to various artificial intelligence engines of customers. It also connect video to different AI services for video surveillance as a service provider. The company also provides its service through its mobile application. VXG Inc. was founded in 2016 and is based in Toronto, Canada.

Nicoya Lifesciences

Series A in 2020
Nicoya Lifesciences Inc. develops sensor products to get affinity, kinetics, and specificity for proteins, antibodies, DNA, RNA, enzymes, polymers, and small molecules. The company offers surface plasmon resonance (SPR) instruments, spectrophotometers, sensor chips, SPR reagents and kits, and SPR accessories; and OpenSPR, a personal label-free biomolecular analysis instrument. It also provides software solutions, such as TraceDrawer, a real-time kinetic analysis software; OpenSPR software that allows the control of the OpenSPR instrument and real time data acquisition; and OpenSpec, a software program for real time optical peak tracking. The company was founded in 2012 and is based in Kitchener, Canada.

e-Zinc

Seed Round in 2020
e-Zn Inc., trading as e-Zinc, is an energy storage technology company that develops electrochemical technology for storing energy in zinc metals. Its Zn reactor products have applications in residential houses, islands, remote communities, third world countries, military bases, mining sites, mobile communities, telecommunication sites, emergency responses, and electric vehicle charging stations. The company was founded in 2012 and is based in Toronto, Canada.

Bright Angel Therapeutics

Seed Round in 2019
Bright Angel Therapeutics is a developer of novel therapeutics designed to provide treatment of drug-resistant and life-threatening fungal infections. The company's services increases efficacy of current treatments and eradicates drug resistance by targeting the stress responses required by fungi for survival, virulence and drug resistance, enabling users to overcome the frequent emergence of clinical resistance largely responsible for the severe morbidity and mortality associated with infection by diverse fungal pathogens.

RANK Software

Private Equity Round in 2019
RANK is an advanced security analytics and threat hunting platform. It is a global venture in security analytics that brings together the best of Big Data Analytics to the Cybersecurity arena. It was founded in 2014 and is headquartered in Toronto, Ontario.

LabsCubed

Seed Round in 2019
LabsCubed Inc. manufactures material automated testing systems. It loads in tensile samples and plastic materials into the machine for the numerical simulation. The company was founded in 2016 and is based in Kitchener, Canada.

ODAIA

Seed Round in 2019
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.

Brokrete inc.

Pre Seed Round in 2019
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.

Weever

Venture Round in 2019
Weever Apps Inc. develops software that provides workforce digitization solutions for customers from a variety of industries including manufacturing, field services, healthcare, oil and gas, professional services, and construction. Its products include forms manager, maintenance manager, and training manager. The company was founded in 2011 and is headquartered in Hamilton, Canada.

CYBERNETIQ

Seed Round in 2019
CYBERNETIQ, INC. develops a cybersecurity software known as Control Layer Assessment Workstation (CLAW). The company identify and quantify the problems in user’s network and systems; monitor and detect security events on the network, and execute with a response; and search through the networks to detect and isolate advanced threats. CYBERNETIQ, INC. was founded in 2009 and is headquartered in Ottawa, Canada.

Irwin

Seed Round in 2019
Investor Relations software for publicly traded companies.

InnerSpace

Seed Round in 2019
InnerSpace Technologies Inc. offers a comprehensive indoor mapping and navigation platform that leverages advanced mapping technology, smartphone-compatible sensors, and machine learning to create automatic maps and pinpoint the location of individuals and objects in indoor environments. Founded in 2014 and based in Toronto, Canada, the company provides location-as-a-service solutions on a subscription basis for both enterprise and consumer applications, catering to clients across the United States, Europe, Asia, and Canada. InnerSpace's platform enables businesses to enhance their operations by optimizing real estate utilization, improving workplace experiences, managing customer engagement in retail settings, and enhancing safety protocols in smart buildings. By utilizing easy-to-install IoT sensors and out-of-the-box analytics, InnerSpace helps organizations effectively leverage their key assets—people and real estate—leading to significant operational efficiencies and improved financial outcomes.

Bridgit

Series A in 2019
Bridgit Inc., founded in 2014 by civil engineer Lauren Lake and entrepreneur Mallorie Brodie, specializes in construction project management solutions. Headquartered in Kitchener, Canada, the company offers two primary products: Bridgit Bench and Bridgit Field. Bridgit Bench is a construction resource planning and workforce management tool designed to streamline the management of construction resources, eliminating the need for cumbersome spreadsheets. Bridgit Field focuses on enhancing communication, accountability, and visibility on construction sites, making project management more efficient and straightforward. By leveraging modern technology, Bridgit aims to simplify the complexities of construction projects, helping contractors and developers complete their work more effectively and on time.

Sampler

Series A in 2019
At Sampler, we help consumer packaged good brands of all sizes and categories deliver physical samples to digitally targeted consumers. Our turnkey solution helps brands gather consumer feedback and demographic insights that will increase successful trial and in-turn conversion rates. Using Sampler, brands no longer need to hand out samples at random, and can get product into the right hands. We call it Direct to Consumer Product Sampling.

EnergyX

Seed Round in 2019
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.

Valsys.io

Pre Seed Round in 2019
Company valuation is a complex estimation process that is vital to financial services professionals. Analysts must leverage noisy and incomplete data sources to predict crucial metrics such as multiples and cash flows. Historically, there has been no statistically robust method for producing these estimates, nor has there been any way to ascertain the relative confidence a valuation practitioner can have in their model outputs. Our platform offers our users access to state of the art machine learning techniques specifically designed for company valuation.

Brickeye

Series A in 2018
AOMS Technologies provides integrated Industrial IoT platforms for generating actionable insights from assets and processes to enhance efficiency and productivity, reduce operation costs, increase safety, and improve environmental sustainability. AOMS IoT platforms are integrated sensors and analytics tools developed for harsh environments and heavy industrial applications where conventional technologies fail, lose performance, or cannot be deployed efficiently.

Cybeats Technologies

Seed Round in 2018
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.

ProNavigator

Seed Round in 2018
ProNavigator provides an AI-driven knowledge-sharing platform, used by some of the largest insurance organizations, to save time, provide superior service, and seize revenue opportunities. The platform leverages advancements in artificial intelligence and natural language understanding to instantly and automatically retrieve answers to customers' and employees' questions.

Cinchy

Seed Round in 2018
Cinchy Inc. is a technology company based in Toronto, Canada, that specializes in a data collaboration platform utilizing data fabric technology. Founded in 2014, Cinchy's platform connects various data sources within a unified networked architecture, allowing organizations to manage and protect their data more effectively. This innovative approach enables real-time collaboration among multiple systems and users without the need for separate application databases. By facilitating a cross-application data network, Cinchy enhances data accessibility while improving security for both customer and employee information. The platform has been recognized for its capabilities, having received accolades such as best-of-show at Finovate and being featured in Gartner's "Cool Vendors in Data Management." Through its unique architecture, Cinchy aims to eliminate data fragmentation, reduce costs, and streamline operations for enterprises.

Chatter Research

Seed Round in 2018
Chatter Research Inc specializes in developing a real-time customer research and feedback application tailored for retail and hospitality sectors. Founded in 2016 and headquartered in Toronto, Canada, with an additional office in Mountain View, California, the company offers a platform that facilitates conversational surveys through text messages, allowing customers to provide feedback as they exit stores or restaurants. This innovative approach enables businesses to enhance customer experiences and drive sales by leveraging AI-powered interactions. As of January 2020, Chatter Research operates as a subsidiary of Stingray Business.

Klashwerks

Seed Round in 2018
KlashWerks Inc., doing business as Raven, manufactures an always-on camera equipped security system that connects drivers with their cars. It provides Raven, a car technology, which allows users to monitor road conditions, auto security, and the whereabouts of other members with the help of cameras, navigation, diagnostics, data, and mobile app. The company was founded in 2015 and is based in Ottawa, Canada.

Medchart

Seed Round in 2018
MedChart Inc. operates a cloud-based platform designed to simplify the retrieval and management of healthcare records. Founded in 2014 and based in Toronto, Canada, the company enables patients to view, store, and share their medical records securely online. MedChart's offerings include a variety of document types, such as legal, hospital, clinical, and research documents. The platform automates the release of information process, enhancing the ease with which individuals can access their health data. By facilitating better ownership and management of medical records, MedChart aims to improve patient care and streamline interactions between patients and healthcare providers.

Maple

Seed Round in 2018
Maple Corporation develops and operates a telemedicine platform which allows to see a doctor online from phone, tablet, or computer. It provides patients an option to securely text or video chat with a Canadian licensed doctor for diagnosis, treatment, and digital prescriptions. The company allows access of online medical care from licensed physicians and offers online consultations. Maple Corporation was founded in 2015 and is headquartered in Toronto, 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.

Nicoya Lifesciences

Seed Round in 2018
Nicoya Lifesciences Inc. develops sensor products to get affinity, kinetics, and specificity for proteins, antibodies, DNA, RNA, enzymes, polymers, and small molecules. The company offers surface plasmon resonance (SPR) instruments, spectrophotometers, sensor chips, SPR reagents and kits, and SPR accessories; and OpenSPR, a personal label-free biomolecular analysis instrument. It also provides software solutions, such as TraceDrawer, a real-time kinetic analysis software; OpenSPR software that allows the control of the OpenSPR instrument and real time data acquisition; and OpenSpec, a software program for real time optical peak tracking. The company was founded in 2012 and is based in Kitchener, Canada.

DNAstack

Pre Seed Round in 2018
DNAstack Inc. is a Toronto-based company that specializes in a cloud-based platform for managing and analyzing genomic data. Founded in 2014, the platform enables researchers, clinical laboratories, and pharmaceutical companies to securely manage, analyze, search, and share genomic datasets efficiently. By providing push-button access to advanced technologies, DNAstack facilitates the accumulation of genomics data and enhances collaboration among organizations with relevant patient information. The company also offers tools like a Cost Calculator to help users estimate bioinformatics cloud costs and monthly storage fees, making genomics research more accessible and cost-effective.

Cosm Medical

Pre Seed Round in 2018
Cosm Medical is a VC-backed health-tech startup building and commercializing a software-enabled medical device platform to improve the lives of women affected by pelvic floor disorders.

FindBoB

Seed Round in 2017
FindBoB is a growth, transition and succession planning tool for financial advisors and insurance agents, utilizing machine learning and elements of gamification for asset protection.

Energent

Seed Round in 2017
Energent Incorporated, based in Waterloo, Canada, specializes in energy informatics solutions aimed at helping energy-intensive facilities in North America optimize their energy consumption. The company offers a range of products, including EnergentEM, an energy monitoring solution that tracks energy use through meters and sub-meters, and EnergentET, an energy targeting solution designed to identify and sustain energy savings. Additionally, Energent provides EnergentEP, which assesses energy budget risks to aid procurement decisions and lower energy costs. Serving a diverse clientele that includes hospitals, manufacturing facilities, educational institutions, and municipal buildings, Energent delivers its solutions through a software-as-a-service model. The company has also established a strategic partnership with Energy Misers of Georgia, Inc. Founded in 1995 and renamed in 2007, Energent operates as a subsidiary of Rodan Energy.

Bridgit

Series A in 2017
Bridgit Inc., founded in 2014 by civil engineer Lauren Lake and entrepreneur Mallorie Brodie, specializes in construction project management solutions. Headquartered in Kitchener, Canada, the company offers two primary products: Bridgit Bench and Bridgit Field. Bridgit Bench is a construction resource planning and workforce management tool designed to streamline the management of construction resources, eliminating the need for cumbersome spreadsheets. Bridgit Field focuses on enhancing communication, accountability, and visibility on construction sites, making project management more efficient and straightforward. By leveraging modern technology, Bridgit aims to simplify the complexities of construction projects, helping contractors and developers complete their work more effectively and on time.

Askuity

Series B in 2017
Askuity connects retailers and product suppliers with insight and analytics for improved collaboration, planning and retail execution. No more cumbersome spreadsheets. No more archaic reporting systems. No more missed opportunities. Askuity. See What’s in Store.

Ideal

Venture Round in 2017
Ideal builds software that Talent Acquisition loves. Ideal uses artificial intelligence to help make precise and efficient high-volume hiring decisions. Companies use Ideal’s Intelligent Screening technology to sift through the resume noise and instantly identify who to interview.

Acto

Seed Round in 2017
ACTO is an omnichannel education and engagement platform for life sciences companies. They use AI-powered mobile experiences and agency partnerships to educate and engage field reps, physicians and patients, while giving senior commercial and clinical leaders real-time insights. ACTO is a one-stop-shop sales, marketing, and training platform designed to help life sciences companies effectively communicate their clinical evidence story, increase sales, and gather field intelligence.

Lending Loop

Venture Round in 2017
Lending Loop is Canada's first peer-to-peer lending marketplace. Our core focus is providing businesses with accessible capital at fair interest rates through a simple online process. We do this by cutting out the costly intermediaries, such as banks, allowing Canadian businesses and lenders to prosper together. Lending Loop gives all Canadians access to simple and attractive returns by supporting the growth of local Canadian businesses.

HTBASE

Seed Round in 2017
HTBASE delivers a unique Composable IT infrastructure solution to medium and large enterprises with its software-defined platform. Their goal is to enable organizations to transform their operations and deliver technology solutions on an efficient way. Through innovative product and services, HTBASE accelerates the journey to cloud computing in a more agile, trusted and cost-efficient way.

MindBridge

Seed Round in 2017
MindBridge Analytics Inc. is a Canadian FinTech company that specializes in financial analytics software for audit, assurance, and commercial enterprises. Utilizing machine learning and artificial intelligence, the MindBridge platform identifies anomalous transactions and patterns within financial datasets, which aids organizations in detecting unintentional errors and intentional misstatements. The MindBridge AI Auditor provides risk-weighted analysis and deep insights into monetary flows, enabling companies to enhance their internal controls and improve decision-making processes. Through these capabilities, MindBridge helps organizations minimize financial losses and strengthen their overall financial integrity.

Zoom.ai

Seed Round in 2017
Zoom.ai Inc. is a Toronto-based company that specializes in developing an artificial intelligence-driven automated virtual assistant. Founded in 2016, the software integrates with a user’s existing data to learn their preferences and streamline various operational tasks. It assists in meeting scheduling, workload management, and logistics coordination, while also providing features like reminders and warm introductions. The virtual assistant facilitates communication through popular messaging platforms, including Slack, Skype, Facebook Messenger, Google Hangouts, SMS, and GroupMe. By automating routine tasks, Zoom.ai aims to enhance productivity for enterprise managers and reduce workplace distractions.

TealBook

Seed Round in 2017
Tealbook, Inc. develops and operates an online supplier knowledge management and procurement platform. The company’s platform offers up-to-date, credible information from suppliers that facilitates teams to identify qualified suppliers for specific needs and collaborate with stakeholders on supplier information and searches. Its platform centralizes and consolidates supplier-shared information, such as company name, contact information, product or service offerings, a brief capabilities presentation, social media feeds, diversity status and certification forms, public client recommendations, and aggregated intelligence from industry peers; and client supplier intelligence, including vendor master, preferred suppliers list, other supplier status listings, legal status and optional secure contract upload, relationships with internal colleagues, and shared notes. It integrates with ERP systems, spend management systems, E-sourcing tools, contract management systems, and portals. The company was incorporated in 2012 and is based in Toronto, Canada.

Peak Power

Seed Round in 2017
Peak’s AI-powered software enables intelligent energy in smart cities by optimizing synthetic, stationary, and mobile batteries to act as grid resources. Peak’s solutions reduce operating costs and the environmental footprint of our clients while decreasing strain on the grid.

FarmLead

Series A in 2017
FarmLead Resources Ltd. operates a digital marketplace that allows buyers and sellers to list, negotiate, and finalize grain deals. The company offers GrainTests.com, an online service that allows grain farmers to test their grain. It serves farms in North America. Its marketplace is available online and as a mobile application. The company was founded in 2013 and is based in Ottawa, Canada. It has operations in Alberta, Saskatchewan, Manitoba, and Ontario.

Authentic Web

Seed Round in 2017
Authentic Web is a Corporate Domain Name Management platform for the New TLD Era. We equip enterprise teams in Digital, Marketing & IT with domain and DNS automation, providing business intelligence to support digital optimization and innovation for digital brands. Our workflow, automation and security protocols address Security and Compliance requirements for Risk, Compliance and IT Security teams to lock down domain assets and support teams to manage DNS network exposures.

Swift Medical

Seed Round in 2017
Swift Medical Inc. is a Toronto-based company that specializes in wound care management through its mobile application, Swift. This application enables healthcare professionals to measure and document the progression of patients' wounds efficiently. By facilitating real-time sharing of wound images, Swift enhances communication among medical teams and ensures precise and consistent documentation. The platform is designed to provide comprehensive wound care solutions for healthcare enterprises, streamlining the process from initial assessment to ongoing treatment.

Welbi

Pre Seed Round in 2017
Welbi Technologies Inc. designs and develops a platform, which offers customized recreational programs. The software analyzes the data related to the resident and provides recreation programs according to them. The company was incorporated in 2016 and is based in Ottawa, Canada.

Rarelogic

Seed Round in 2017
RareLogic Inc. is an Ottawa-based company that specializes in providing automated predictive email marketing solutions for online retailers. Established in 2009, the company offers a comprehensive platform that includes features such as predictive email recommendations, customer list building, automated event-based communications, and e-commerce integration. Additionally, RareLogic provides tools for creating visually appealing emails through a drag-and-drop designer, along with analytics and reporting capabilities to enhance marketing strategies. By leveraging customer data, RareLogic aims to improve email engagement and foster repeat business for its clients, helping them build stronger relationships with their customers.

Pegasus Aeronautics

Pre Seed Round in 2017
High endurance aerial platforms to extend drone flight times.

Zighra

Seed Round in 2016
Zighra Inc. is a mobile security company based in Ottawa, Canada, founded in 2009. The company specializes in continuous authentication solutions, most notably its patented SensifyID technology, which provides automatic user recognition without requiring explicit authentication. This innovative approach utilizes advanced AI and behavioral biometric algorithms to create a seamless and non-intrusive security layer for users, making it particularly suitable for sensor-based devices. Zighra's platform operates entirely on-device, enhancing user experience while ensuring robust security for online transactions. Additionally, it offers a scalable platform as a service that enables clients to detect and respond to potential security threats, effectively eliminating the reliance on traditional passwords and improving overall identity protection.

ClientDesk

Seed Round in 2016
ClientDesk Inc. provides a platform for digital distribution and support applications in the insurance industry. It enables users to allow their policyholders to manage policies on-the-go, access e-docs and pink slips, and submit change requests directly from the app; receive first notice of loss forms directly from policyholder’s app, as well as process claim submissions; and connect with clients directly through an on-demand live chat system, as well as send customized updates, promotions, and perks. The company’s platform is integrated with broker/policy management systems to allow for integration between its platform and customers’ policyholder data. ClientDesk Inc. is based in Toronto, Canada.

TritonWear

Seed Round in 2016
TritonWear Inc., based in Kitchener, Canada, specializes in developing performance wearables that enable coaches and athletes to monitor performance in real time via mobile devices. The company offers a highly accurate sports wearable that uniquely provides personalized, AI-based auto-coaching, tailored to individual data. By focusing on the critical issues of inaccurate data and the lack of actionable feedback within the burgeoning fitness and sports wearables market, TritonWear has carved out a distinctive niche. The company aims to enhance athletic performance by delivering precise insights and guidance to users.

Pitstop

Pre Seed Round in 2016
Pitstop is a cloud-based Prognostic Maintenance Platform that enables enterprises to leverage the wealth of information available from their vehicle fleets. Their data engine integrates Connected Vehicles, Dealerships, Fleet Manager, Tier 1 Suppliers, OEMs, Insurance Companies and the Aftermarket Supply Chain.

Scent Trunk

Seed Round in 2016
Traditionally, fragrances have been marketed using some generic celebrity we’re all supposed to “aspire to” and sold at overwhelming department stores. Scent Trunk designs original fragrances for you based on a guided process of personal discovery. Our members start with a Scent Test kit with a palette of our six core scents, designed to help them discover what they like – and don’t like. Then we deliver a one-month supply of a custom fragrance formula. Using the data we collect, we are able to create better scent products (lotions, soaps, etc.) than anyone else.

CareerJSM

Seed Round in 2016
CareerJSM provides a job search management platform for campus career centers in North America. The company’s platform helps job seekers by teaching them how to navigate the modern job market; and allows students to save, track, and manage applications from any job board, employer Website, or hiring resource. The company was founded in 2014 and is based in Ottawa, Canada.
Thrive is a digital Human Resources SaaS that is offered for employers and HR firms to manage employee offboarding, furlough, working notices or internal redeployment through a mix of comprehensive job search management (JSM) tools, supplemented by a customizable marketplace of 3rd party service providers. The Job Search Management tools were developed through the organization's sister CareerJSM (www.careerjsm.com) product. The third-party service providers range from Thrive's partnerships with leading HR agencies offering career services and coaching, to upskilling through leading e-learning platforms like Linkedin Learning, EdX, Pluralsight and Codecademy, to personal wellness (mental health counselling, health insurance), entrepreneurship (incorporation legal tech & coaching),, to personal branding (photography, graphic design, websites). Users can purchase these services through deposits by their employers. This unique approach allows Thrive to support all employers and job functions within organizations while creating a superior user experience. Customers include SMEs and Fortune 500s like Walmart, Scotiabank and Lowe's. Thrive's software tools are also deployed by governments and not-for-profit sector employment service providers for job seekers. With successful deployment in the Canadian and Australian markets, Thrive is actively seeking HR Agency partnerships in Europe and North America.

RANK Software

Seed Round in 2016
RANK is an advanced security analytics and threat hunting platform. It is a global venture in security analytics that brings together the best of Big Data Analytics to the Cybersecurity arena. It was founded in 2014 and is headquartered in Toronto, Ontario.

Swift Medical

Convertible Note in 2016
Swift Medical Inc. is a Toronto-based company that specializes in wound care management through its mobile application, Swift. This application enables healthcare professionals to measure and document the progression of patients' wounds efficiently. By facilitating real-time sharing of wound images, Swift enhances communication among medical teams and ensures precise and consistent documentation. The platform is designed to provide comprehensive wound care solutions for healthcare enterprises, streamlining the process from initial assessment to ongoing treatment.

Aterlo Networks

Seed Round in 2016
Aterlo Networks Inc. provides a solution to extend the content delivery network into household networks. It offers NightShift, a managed service that moves streaming media from peak to off-peak hours and reduces load on the network. The company serves content providers and service providers. Aterlo Networks Inc. is based in Waterloo, Canada.

TrendMD

Seed Round in 2016
TrendMD provides article recommendations for doctors. They partner with scientific publishers such Elsevier and Oxford University Press and have them add a line of their JavaScript code to their journal websites so that they can show 10 similar article links at the bottom of each page. Their mission is to accelerate the rate at which humanity's knowledge advances, by matching readers with the right articles. They serve 500 million recommendations to more than 60 million readers per month and are nearing profitability after recently graduating from Y Combinator -- the startup accelerator that incubated Reddit, Dropbox, and Airbnb.

CrowdRiff

Seed Round in 2016
CrowdRiff is a visual marketing platform for travel and tourism brands that allows to discover and deliver top-performing visual content to every marketing channel. Powered by artificial intelligence, its platform allows marketers to source and share top performing visuals with their respective audiences, at scale. The company was founded in 2011 and is based in Toronto, Canada.

Statflo

Seed Round in 2016
Statflo Inc. develops and delivers one-to-one business text messaging platform for customer-facing teams. Its platform uses data and analytics to help wireless dealers. The company also offers monthly commissions data and reconciliation with POS systems; real-time dashboard reporting; alerts; NPS surveys via SMS; and secure data cloud for customers. Statflo Inc. was founded in 2012 and is headquartered in Toronto, Canada with an additional office in San Francisco, California.

eMurmur

Pre Seed Round in 2016
EMurmur is a digital health company that creates apps that specializes in detecting, analyzing, and classifying heart murmurs. They specializes in Machine Learning for the analysis of data for medical applications. The company also offers educational solutions for classroom teaching and self-paced learning. Emurmur uses Machine Learning to identify and classify heart murmurs, its absence, and heart sounds. It was founded in 2015 and is based in Ottawa, Ontario, Canada.

Upchain

Pre Seed Round in 2016
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.

FunnelCake

Seed Round in 2015
FunnelCake helps B2B marketing teams understand where they have the most impact on their buyer journey. FunnelCake helps accelerate revenue at scale by improving performance for lead and pipeline management.

bitHound

Seed Round in 2015
bitHound Inc. provides software analytics solution. Its software provides users with a reference point to start conversations with their team and organization on the importance of improving and maintaining their code quality, as well as allows users to target their priority files. The company’s solution also provides users with the insights of various activities; and detects the project dependencies, as well as keeps track of various projects. bitHound Inc. was founded in 2013 and is headquartered in Kitchener, Canada.

Monogram Creative Console

Convertible Note in 2015
Monogram Creative Console manufactures a modular hardware interface that allows users to design controllers for software. The product enables users to control software using sliders, dials, buttons, and a desktop application. Monogram Creative Console consists of magnetically connecting tactile controllers; sliders, buttons, and dials for faster, more precise and intuitive editing for photographers, videographers and beyond. Monogram Creative Console is available at https://monogramcc.com or through our retail partners B&H Photo Video in New York or Henry's Photo in Canada and ships to over 46 countries. In 2015 Monogram won Gold at the User Experience Design Awards (UXDA) while at IFA, Berlin from the International Design Center Berlin. Photographers can build a custom Palette to control photo editing applications like Adobe Lightroom, Photoshop, where physical sliders adjust exposure, dials can be turned to change temperature and buttons can execute macros. Premiere Pro and Audition support was added in June. The company was founded by Ashish Bidadi and Calvin Chu.

Spoonity

Seed Round in 2015
Spoonity provides a white labelled, POS-integrated loyalty platform for small to medium sized restaurants. In addition to a loyalty program, we offer mobile pay, segmented marketing campaigns, and big data analytics to help merchants understand their customers. The value of the service extends far beyond simple loyalty; it offers an unprecedented way to collect and analyze POS data for restaurants.

Minuum

Seed Round in 2015
Minuum is a mobile application that provides users with a smaller keyboard, taking up less of the screen. The application can be used in iOS and Android devices, smart watches, Google glasses, smart TV remotes, and in mid-air typing. The keyboard is empowered with autocorrect facility and supports many languages, including Deutsche, Russian, Italian, and Spanish. The users can customize the keypad by adding colors, styles, resizing, themes, and emoji. Adding new words is easy with the app and helps its users with punctuation issues. Minuum is a Canada-based company that was founded in 2012 by Will Walmsley, Severin Smith, and Xavier Snelgrove.

Encycle Therapeutics

Venture Round in 2015
Encycle Therapeutics is a biotechnology company based in Toronto, Canada, specializing in the development of drug-like macrocycles and membrane-permeable nacellins through its innovative platform technology. This unique approach allows for the rapid synthesis of nacellins, which are designed to effectively target intracellular protein-protein interactions that are typically difficult to address with conventional small molecules and biologics. Encycle's nacellins offer the potential to serve as cost-effective, oral alternatives to existing biologics, such as monoclonal antibodies. The company has established collaborations with various pharmaceutical firms to create a screening library of nacellins, many of which exhibit desirable drug-like properties. Currently, Encycle is advancing the independent development of nacellins aimed at integrin alpha-4-beta-7, with a focus on creating orally bioavailable inhibitors that are safer and less immunogenic compared to existing biologics targeting the same protein, as well as addressing conditions such as inflammatory bowel disease and fibrosis.

Rthm Technologies Inc.

Seed Round in 2015
Rthm guides you to time your life to your Body Clock. Use Rthm to discover the best times to eat, think, exercise, and more. Our DeepHeart feature – based on decades of published research and 2 million unique recordings – is the only technology capable of analyzing your heart health and nervous system using only your iPhone. Combined with our mobile genetic analysis software – riDNA – Rthm is the only product in the world that provides users with a truly holistic snapshot of their health, encompassing their Circadian Rhythm, heart and nervous system health, and genetics.

Nicoya Lifesciences

Angel Round in 2015
Nicoya Lifesciences Inc. develops sensor products to get affinity, kinetics, and specificity for proteins, antibodies, DNA, RNA, enzymes, polymers, and small molecules. The company offers surface plasmon resonance (SPR) instruments, spectrophotometers, sensor chips, SPR reagents and kits, and SPR accessories; and OpenSPR, a personal label-free biomolecular analysis instrument. It also provides software solutions, such as TraceDrawer, a real-time kinetic analysis software; OpenSPR software that allows the control of the OpenSPR instrument and real time data acquisition; and OpenSpec, a software program for real time optical peak tracking. The company was founded in 2012 and is based in Kitchener, Canada.

Statflo

Seed Round in 2015
Statflo Inc. develops and delivers one-to-one business text messaging platform for customer-facing teams. Its platform uses data and analytics to help wireless dealers. The company also offers monthly commissions data and reconciliation with POS systems; real-time dashboard reporting; alerts; NPS surveys via SMS; and secure data cloud for customers. Statflo Inc. was founded in 2012 and is headquartered in Toronto, Canada with an additional office in San Francisco, California.

Opencare

Seed Round in 2015
Opencare Inc. operates a healthcare discovery platform that enables patients to connect with the healthcare providers in North America. Its platform allows patients to find health care providers and clinics in the areas of dentist, chiropractor, massage therapist, physiotherapist, optometrist, and more; and make appointments online. Opencare Inc. was formerly known as HealthKiwi Inc. and changed its name to Opencare Inc. in March 2018. The company was founded in 2012 and is based in Toronto, Canada.

ExpertFile

Seed Round in 2015
ExpertFile Inc. is a Toronto-based company that provides a cloud-based platform designed for organizations to effectively manage and promote their experts and thought leaders. Established in 2009, the platform enables marketing teams to customize content and align it with their branding while facilitating the monitoring of engagement from media, conferences, and business prospects. ExpertFile allows organizations, including corporations, universities, healthcare institutions, and trade associations, to consolidate and present their expert content—such as biographies, research papers, and videos—into engaging profiles that are easily searchable. This addresses a common challenge of fragmented content across various platforms, which can hinder media coverage and visibility. The company's innovative solution enhances brand reputation and market presence by transforming people-based content into valuable narratives that resonate with targeted audiences. Additionally, ExpertFile has established exclusive partnerships, including one with the Associated Press, to enhance its reach and impact in the media landscape.

Nix Sensor

Seed Round in 2015
Nix Sensor Ltd. develops Nix, a color sensor and application that enables users to scan, save, share, and compare their favorite shades on their smartphone. The company’s Nix color sensor and application allows users to scan an object and get its exact color data signature sent to the corresponding application on their phone so as to maintain a palette of preferred shades and even track down an exact tin of paint. It serves interior decorators, and designers and artists of various stripes. The company was founded in 2012 and is based in Hamilton, Canada.

Beam Messenger

Seed Round in 2015
See your friends type and respond in real time! The closest you will get to having a verbal conversation, no matter how close or how far you are. Everything happens fast and responsive - speaking, listening, interrupting, and taking back the last thing you said (said what ... ?). Share pictures and personal stories on the first mobile platform of its kind.

OneLocal

Seed Round in 2015
OneLocal is a Toronto-based software and services company that provides a comprehensive platform for businesses to manage their marketing needs. The company offers a range of solutions, including ContactHub for customer database management, FirstImpression for website creation, Quickconnect for text messaging between businesses and customers, ReferralMagic for generating referrals, and ReviewEdge for collecting online reviews and feedback. OneLocal serves various industries, including automotive, health services, home services, real estate, restaurants, retail, and salon and spa, among others. By combining powerful marketing tools with dedicated in-house marketing experts, OneLocal aims to simplify the marketing process for its clients.