Panache Ventures

Panache Ventures, established in 2018, is a venture capital firm headquartered in Montreal, Canada, with additional offices in Calgary, Vancouver, Toronto, and San Francisco. The company specializes in pre-seed and seed-stage investments, focusing on sectors that align with Canada's strengths, including artificial intelligence, cybersecurity, blockchain, enterprise SaaS, data analytics, fintech, digital health, and enterprise software. Panache Ventures typically invests up to USD 1 million in early-stage technology companies across Canada and the United States.

Dan Belostotsky

Venture Partner

Mike Cegelski

Founder and Chairman

Mukund Chopra

Venture Partner

Timothy Kwok

Associate

Nadia Lachman

Analyst

Scott Loong

Partner

Patrick Lor

Partner

Prashant Matta

Partner

Chris Neumann

Partner

Domenic Del Vecchio

Associate

Sarah Willson

Principal

Past deals in British Columbia

Snack App

Pre Seed Round in 2021
Snack is a video-first dating application that enables users to connect with potential matches through engaging video content. The platform allows individuals to create and post videos on a feed, facilitating real-time interactions and a more dynamic approach to online dating. By combining traditional matching algorithms with the ability to flirt-stream, Snack provides a unique environment for users to express themselves and connect creatively with others. This innovative approach to dating aims to enhance user engagement and foster meaningful connections in a modern digital landscape.

Beatdapp

Seed Round in 2019
Beatdapp is a music technology company that specializes in streaming fraud detection and royalty tracking for artists and music labels. Founded in 2018 and headquartered in Vancouver, B.C., with additional offices in Los Angeles and Toronto, Beatdapp aims to eliminate streaming fraud and ensure fair compensation for creators. The company's software provides real-time authentication and verification of music streams, addressing discrepancies between Digital Service Providers and rights holders. This innovative approach enhances the accuracy and transparency of streaming data, thereby increasing royalty revenue for artists while reducing potential legal issues related to royalties. With a team of industry and technology veterans, Beatdapp is positioned to significantly impact the music industry, which is projected to grow substantially in the coming years.

Sanctuary Cognitive Systems Corporation

Seed Round in 2018
Sanctuary AI, founded in January 2018 and based in Vancouver, Canada, is focused on developing synthetic humans, referred to as "synths." The company's mission is to create robots that are indistinguishable from humans in physical appearance, cognitive abilities, and emotional responses. In addition to advancing cutting-edge technology, Sanctuary AI is committed to addressing the ethical implications associated with the creation of human-like machines.

Dooly

Seed Round in 2018
Dooly Research Ltd. is a Vancouver-based company that specializes in developing artificial intelligence-driven software designed to enhance the efficiency of sales teams. Founded in 2015, Dooly's platform automates the customer relationship management process by monitoring and sharing digital notes, fields, and tasks from meetings and customer interactions. This software facilitates the seamless transfer of information between team members and systems, thereby addressing the challenges of note-taking and information sharing. By organizing workflow systems in real-time, Dooly's platform enables businesses to minimize administrative tasks, allowing sales teams to concentrate on core activities essential for closing deals.
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