Panache Ventures

Panache Ventures is a venture capital firm founded in 2018 and based in Montréal, Canada, with additional offices in Calgary, Vancouver, Toronto, and San Francisco. The firm specializes in pre-seed and seed-stage investments, focusing on sectors that leverage Canada's strengths, including artificial intelligence, fintech, digital health, enterprise software, and blockchain. Panache Ventures aims to support innovative startups primarily within Canada, although it has a presence in the United States as well. The firm typically seeks to make initial investments of up to USD 1 million, targeting a diverse array of technology sectors such as cybersecurity, virtual reality, and data analytics.

Michael Cegelski

Founder & Chairman

Taylor Gendron

Associate

Timothy Kwok

Associate

Scott Loong

Partner

Patrick Lor

Partner

Prashant Matta

Partner

Chris Neumann

Partner

Past deals in Alberta

HonestDoor

Seed Round in 2022
HonestDoor Inc. is a Canadian real estate technology company based in Edmonton, established in 2017. The company operates a website that facilitates the buying and selling of real estate properties. Utilizing big data, machine learning, and predictive analytics, HonestDoor aims to enhance transparency in the real estate market, providing users with valuable insights and information to make informed decisions.

HonestDoor

Seed Round in 2021
HonestDoor Inc. is a Canadian real estate technology company based in Edmonton, established in 2017. The company operates a website that facilitates the buying and selling of real estate properties. Utilizing big data, machine learning, and predictive analytics, HonestDoor aims to enhance transparency in the real estate market, providing users with valuable insights and information to make informed decisions.

HonestDoor

Seed Round in 2020
HonestDoor Inc. is a Canadian real estate technology company based in Edmonton, established in 2017. The company operates a website that facilitates the buying and selling of real estate properties. Utilizing big data, machine learning, and predictive analytics, HonestDoor aims to enhance transparency in the real estate market, providing users with valuable insights and information to make informed decisions.

Communo

Seed Round in 2020
Communo is a curated network of creative entrepreneurs and marketing agencies that connects through a sharing economy platform. It helps marketing services firms in this volatile landscape by curating a shared economy of jobs or clients, talent, and business resources. The company specializes in design to video production, to strategy; while collectively represents a cost-effective way for clients to quit their unhealthy addiction to bloated ad agencies. Communo was founded in 2017 and is headquartered in Calgary, Alberta.

Mobsquad

Venture Round in 2018
Mobsquad is a Calgary-based company that addresses the talent shortage faced by startups and technology firms in the U.S. by providing full-time technical talent from Canada. Unlike traditional job shops, Mobsquad focuses on delivering remote team members who function as integral employees rather than engaging in part-time or project-based work. The company manages the entire administrative process related to hiring talent, including immigration support, resettlement services, payroll, legal and tax compliance, human resources, and benefits administration. By facilitating the employment of software engineers who may face visa challenges, Mobsquad helps companies retain existing technology talent while also accessing a broader global talent pool to support their growth.

Communo

Pre Seed Round in 2018
Communo is a curated network of creative entrepreneurs and marketing agencies that connects through a sharing economy platform. It helps marketing services firms in this volatile landscape by curating a shared economy of jobs or clients, talent, and business resources. The company specializes in design to video production, to strategy; while collectively represents a cost-effective way for clients to quit their unhealthy addiction to bloated ad agencies. Communo was founded in 2017 and is headquartered in Calgary, Alberta.

Smart Access

Pre Seed Round in 2016
Smart Access Inc. designs and develops knowledge based system software for workforce in store or at the warehouse. The company offers software services including onboarding, user management, content management, mobile experience builder, integrated applications, and operational intelligence. The company was founded in 2015 and is headquartered in Edmonton, Alberta, Canada.