Panache Ventures

Panache Ventures, Inc. is a venture capital firm founded in March 2018 and based in Calgary, Canada, with additional offices in Montreal, 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, cybersecurity, blockchain, virtual reality, fintech, digital health, enterprise software, and data analytics. Panache Ventures aims to support innovative startups in these emerging fields, primarily within Canada.

Tim Kwok

Analyst

Scott Loong

Partner

Prashant Matta

Partner

Past deals in Canada

ODAIA

Series B in 2023
ODAIA is a company that has developed an AI-powered Customer Data Platform specifically for the Life Sciences industry. This innovative platform integrates process mining, customer journey mapping, and artificial intelligence to provide commercial insights and automate processes. By leveraging data analysis, ODAIA's solution enables pharmaceutical commercial teams to enhance personalized selling and ensure that therapeutics reach the patients who require them. The platform aims to streamline decision-making and improve the effectiveness of commercial strategies in the healthcare sector.

Moves

Seed Round in 2022
Moves is making gig work better. We're building the largest community of serious gig workers — helping them manage their overhead and keep them on the road. We help maximize the perks of independent and flexible work, while minimizing the headaches and overhead. Moves partners with gig companies to create seamless experiences for gig workers. Our tailored financial services provide instant payouts and cash advances to your workers. Plus, access our proven worker recruitment channels.

SPATULA Foods

Pre Seed Round in 2022
SPATULA Foods is a chef-to-consumer marketplace that offers elevated, high-quality meals, and food products. The company uses flash-freezing technology to perfectly preserve the taste, texture, and freshness of high-quality cuisine. SPATULA Foods serves as a venue for chefs to advertise their culinary works outside of conventional restaurants.

HonestDoor

Seed Round in 2022
HonestDoor uses big data, predictive analytics that combines real estate data with data science to produce estimated values of houses.

Mayday

Seed Round in 2022
Mayday Labs Inc. is a Toronto-based company that specializes in designing and developing wellness and productivity software solutions. Founded in 2018, the company focuses on creating an AI-assisted scheduling tool that helps users organize and optimize their time effectively. This tool analyzes how time is allocated across various activities and offers calendar management features, including automatic travel time scheduling. By providing personalized assistance and recommendations for daily time management, Mayday Labs aims to enhance productivity and adapt to changing schedules, enabling users to manage their time more efficiently.

ODAIA

Series A in 2022
ODAIA is a company that has developed an AI-powered Customer Data Platform specifically for the Life Sciences industry. This innovative platform integrates process mining, customer journey mapping, and artificial intelligence to provide commercial insights and automate processes. By leveraging data analysis, ODAIA's solution enables pharmaceutical commercial teams to enhance personalized selling and ensure that therapeutics reach the patients who require them. The platform aims to streamline decision-making and improve the effectiveness of commercial strategies in the healthcare sector.

PainWorth

Seed Round in 2022
PainWorth is a provider of legal services that offers an automated platform designed to assist users in calculating and settling various personal injury claims. The platform enables individuals to determine the potential value of claims related to car accidents, medical malpractice, slip and fall incidents, tripping injuries, and assault and battery cases. By automating the process, PainWorth simplifies the claims settlement experience, making it more accessible for users to navigate their legal options effectively.

Zeffy

Seed Round in 2021
Zeffy is a developer of an online financial platform specifically designed for nonprofits, enabling them to raise funds through technology without incurring any costs. The platform is trusted by over 5,000 NGOs across North America and offers a variety of tools for managing donation campaigns, ticketing, membership forms, and volunteer recruitment. By using Zeffy's services, organizations can streamline their fundraising efforts and enhance community engagement, allowing individuals to find volunteer opportunities based on their availability, location, and interests. This comprehensive approach supports nonprofits in maximizing their impact while maintaining financial sustainability.

Fraction

Series A in 2021
Fraction is a technology-driven lending platform designed to enhance the affordability and flexibility of residential real estate. It offers a digital solution that allows homeowners to manage and diversify their home equity. Through its platform, users can take on new mortgages, reduce home equity, and unlock the value tied up in their properties. This innovative approach enables homeowners to increase their monthly income, purchase additional homes, and convert existing mortgages into options that do not require monthly payments.

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.

AON3D

Series A in 2021
AON3D builds physics-informed software, sensing systems, and hardware for advanced manufacturing processes.

Audette

Seed Round in 2021
Audette is a developer of an analytics platform focused on enhancing carbon reduction investment in commercial buildings. The platform collects and analyzes utility and equipment data to evaluate building operations, generating actionable recommendations and decarbonization roadmaps. By providing insights into energy management, Audette enables commercial property owners to identify cost-effective projects, improve performance, and access necessary capital. This approach helps address the challenges energy managers face in meeting regulatory commitments while uncovering significant potential reductions in operating costs and carbon emissions. With the growing demand for energy efficiency upgrades in commercial properties, Audette positions itself as a valuable resource for maximizing the benefits of clean investment in large building portfolios.

Angel Host

Seed Round in 2021
Angel Host is a data-driven, tech-enabled rental-maximization company. Angel Host creates and integrates advanced tech solutions and proprietary revenue algorithms coupled with a genuine human connection to deliver outstanding results.

PurposeMed

Seed Round in 2021
PurposeMed is a telehealth organization focused on enhancing access to complex healthcare for underserved communities. The company aims to eliminate barriers to high-quality care by integrating skilled clinicians with innovative design and technology. PurposeMed's platform offers a judgment-free environment where patients can connect with healthcare professionals conveniently and receive compassionate care from their homes, without the need for waiting rooms. Through this approach, PurposeMed seeks to transform the healthcare experience and improve the overall accessibility of essential medical services.

Wingocard

Seed Round in 2021
Wingocard is a mobile banking app tailored for teenagers and their parents, facilitating the transition to a cashless economy. The platform enables parents to instantly transfer funds to their teens and monitor their spending through a linked Visa debit card. This functionality allows teens to make purchases and manage transactions with friends and family. By providing tools for financial oversight, Wingocard aims to help young users cultivate healthy financial habits. As it prepares for launch, the app has already garnered significant interest, with a waiting list of 50,000 potential users.

Relay

Series A in 2021
Relay is an-all-in-one, collaborative business banking and money management platform that helps small businesses and their teams take control of their cash flow and get crystal clear on what they’re earning, spending and saving. With Relay, business owners can: -Bank with no monthly account fees, no overdraft fees, and no minimum balance required -Organize income, expenses and cash reserves using up to 20 individual accounts -2 savings accounts offering between 1-3% APY -Issue up to 50 virtual or physical Visa® debit cards to meticulously organize spending by team or project -Send payments and deposits via ACH, wires or checks -Cashflow automations, like maximum balance transfer rules and recurring payments -Give team members and financial advisors secure, role-based banking access -Integrate banking with accounting softwares like QuickBooks Online and Xero -Get personalized customer support by email and phone Relay is also the official banking partner of Profit First, the cash flow management methodology and book created by serial entrepreneur Mike Michalowicz.

Livescale

Seed Round in 2021
Livescale is a Live Shopping solution that empowers brands to create awareness, engagement and sales through a fully-customized and brand-owned experience. Founded by Virgile Ollivier in Montreal, Canada, Livescale is changing the way brands build community through its unique Live Shopping technology, allowing for immersive, engaging and seamless shopping experiences to occur in-house for brands across industry. Unique in the global market for its integrated checkout, immersive client resources and outstanding customer service.

Forma

Series A in 2021
Forma.ai is a Toronto-based company founded in 2016 that specializes in a data-driven sales compensation platform. This solution allows organizations to design, implement, and optimize their sales compensation strategies effectively. By leveraging artificial intelligence, Forma.ai's software administers and monitors sales incentives in real-time, tracking individual performance and aligning with strategic business objectives. This approach enhances organizational agility and motivates sales teams, ultimately driving better customer interactions and higher performance levels. With teams operating across Canada and the United States, Forma.ai aims to provide businesses with a comprehensive tool for managing compensation processes efficiently.

Snack App

Pre Seed Round in 2021
Snack App is a video-first dating app that combines the matching algorithms of a dating platform with the ability to flirt-stream life in real-time. The company was founded by Kimberly Kaplan and is based in Vancouver, British Columbia, Canada.

Fraction

Venture Round in 2021
Fraction is a technology-driven lending platform designed to enhance the affordability and flexibility of residential real estate. It offers a digital solution that allows homeowners to manage and diversify their home equity. Through its platform, users can take on new mortgages, reduce home equity, and unlock the value tied up in their properties. This innovative approach enables homeowners to increase their monthly income, purchase additional homes, and convert existing mortgages into options that do not require monthly payments.

Wize

Venture Round in 2021
Wize is an online education platform designed for university students in Canada, providing instant access to high-quality exam preparation resources. The platform features course-specific video tutorials, practice problems, and expert tutoring, allowing students to learn at their own pace and from any location. With a focus on reducing the time and stress associated with studying, Wize offers comprehensive study tools, including bite-sized videos and easy-to-understand notes that cover essential concepts. This tailored approach helps students enhance their understanding of course material, whether they are seeking to catch up, get ahead, or delve deeper into challenging topics. Through its innovative offerings, Wize aims to support students in achieving their academic goals more efficiently and affordably.

Qohash

Series A in 2021
Qohash Inc. is a Quebec City-based company that specializes in data security solutions through its online platform, Qostodian. Founded in 2018, Qohash offers a comprehensive suite of services that includes data discovery, integrity assurance, and threat detection and reporting. The platform is designed to help organizations monitor employee behavior and mitigate the risk of insider data breaches, which often take significant time to contain. By providing real-time alerts for risky activities, Qohash empowers businesses to act swiftly to prevent potential data breaches. Additionally, the platform supports compliance efforts by enabling entitlement reviews, exporting access control lists, and monitoring endpoints, making it suitable for sectors that require stringent data protection measures.

FISPAN

Venture Round in 2020
FISPAN is the market leader in ERP-banking. Our turn-key platform makes it simple for banks to offer commercial banking services embedded in any business application. FISPAN powers best-in-class commercial banking experiences by removing friction and adding value to how the bank’s clients operate their business.

Eli

Seed Round in 2020
Eli is a women's health company on a mission to improve lifelong health by continuously monitoring hormones in saliva. Hormones impact overall health every day and at all stages of life. Yet, traditional testing methods and send-out tests only provide infrequent snapshots. In three simple steps, Eli's at-home technology provides personalized hormone profiles continuously to transform how women manage their hormonal health in key areas like menopause, fertility, contraception, and endocrine conditions.

gofor

Series A in 2020
gofor is a provider of last-mile logistics services focused on enhancing the operational efficiency of the construction industry. The company offers a platform that facilitates the delivery of building materials and equipment, ensuring reliable and timely arrivals at job sites. It integrates seamlessly with various sales channels, including POS systems, e-commerce, and mobile order management. Additionally, gofor emphasizes sustainability by utilizing electric vehicles, carbon offsets, and smart packaging, while also investing in empowering drivers. This innovative approach aims to deliver cost-effective and environmentally friendly solutions to meet the needs of the home improvement and construction sectors.

ODAIA

Seed Round in 2020
ODAIA is a company that has developed an AI-powered Customer Data Platform specifically for the Life Sciences industry. This innovative platform integrates process mining, customer journey mapping, and artificial intelligence to provide commercial insights and automate processes. By leveraging data analysis, ODAIA's solution enables pharmaceutical commercial teams to enhance personalized selling and ensure that therapeutics reach the patients who require them. The platform aims to streamline decision-making and improve the effectiveness of commercial strategies in the healthcare sector.

Certn

Series A in 2020
Certn is a company that specializes in risk management solutions for employers, landlords, and property management firms. It offers a comprehensive platform for applicant screening that includes services such as criminal record checks, identity verification, employment and education verification, and reference checks. The company utilizes artificial intelligence to enhance its background screening process, allowing for faster and more efficient verification of diverse backgrounds. One of its key offerings is the proprietary Softcheck, which scans over 100,000 databases worldwide for negative news, watchlists, and various violations, delivering results in a matter of minutes. Through its services, Certn aims to streamline the hiring process and improve the overall experience for recruiters and property managers.

Relay

Venture Round in 2020
Relay is an-all-in-one, collaborative business banking and money management platform that helps small businesses and their teams take control of their cash flow and get crystal clear on what they’re earning, spending and saving. With Relay, business owners can: -Bank with no monthly account fees, no overdraft fees, and no minimum balance required -Organize income, expenses and cash reserves using up to 20 individual accounts -2 savings accounts offering between 1-3% APY -Issue up to 50 virtual or physical Visa® debit cards to meticulously organize spending by team or project -Send payments and deposits via ACH, wires or checks -Cashflow automations, like maximum balance transfer rules and recurring payments -Give team members and financial advisors secure, role-based banking access -Integrate banking with accounting softwares like QuickBooks Online and Xero -Get personalized customer support by email and phone Relay is also the official banking partner of Profit First, the cash flow management methodology and book created by serial entrepreneur Mike Michalowicz.

Waverly

Pre Seed Round in 2020
Waverly powers a collection of AI native experiences that allows you to create applications that provide more value to your customers and build trust with your community. Thanks to Waverly you can easily add content feeds, user-to-user interactions, and creation tools that are AI Native and customizable using natural language. Waverly advances custom social networks, private discussion forums, group messaging, and content recommendation systems into the AI era.

OnCall Health

Series A in 2020
OnCall Health is a provider of telehealth software specifically designed for behavioral health services. The company focuses on facilitating virtual care programs by offering a white-label patient portal that allows clinics to conduct video appointments, engage with patients through messaging, and share relevant content. Their software includes features for online billing, file sharing, automated appointment reminders, and analytics, which support healthcare providers in improving patient retention and operational efficiency. OnCall Health aims to drive digital transformation in the healthcare industry by enhancing the delivery of care and enabling providers to scale their services effectively.

FleetOps

Seed Round in 2020
FleetOps is a freight marketplace.It works by automating the allocation of loads to truck drivers that can deliver them. It does this by leveraging the data of telematics providers (ex. BigRoad.com) which provide thousands of data-points on vehicles, and by interacting with drivers through a mobile application which truck drivers are required to use called an ELD (read more here: http://bit.ly/2vqq4w7). This telematics data gives us information on: • Where trucks are • Where trucks are headed • What routes trucks typically use • When they’re handling a back-haul (return journey) • When trucks are idle, etc. • Driver behaviour • Available driving hours We run AI/ML algorithms against this and computationally determine which loads are most-appropriate for which drivers. When we make these determinations, we send drivers shipment opportunities

Flinks

Series A in 2020
Flinks is a data company that specializes in connecting users with financial services. It offers a platform that aggregates financial data, allowing businesses to connect users' bank accounts and access essential information such as account ownership, balance verification, and transaction history. By enriching this data, Flinks empowers companies to enhance their product offerings and streamline online transactions. Trusted by numerous leading organizations, Flinks plays a crucial role in helping financial companies leverage data to improve user experience and reduce friction in financial interactions.

gofor

Seed Round in 2020
gofor is a provider of last-mile logistics services focused on enhancing the operational efficiency of the construction industry. The company offers a platform that facilitates the delivery of building materials and equipment, ensuring reliable and timely arrivals at job sites. It integrates seamlessly with various sales channels, including POS systems, e-commerce, and mobile order management. Additionally, gofor emphasizes sustainability by utilizing electric vehicles, carbon offsets, and smart packaging, while also investing in empowering drivers. This innovative approach aims to deliver cost-effective and environmentally friendly solutions to meet the needs of the home improvement and construction sectors.

Lane

Series A in 2020
Lane is a leading workplace experience platform founded in 2018, aimed at transforming and connecting office environments through its no-code enterprise software. This platform efficiently manages various aspects of daily office life, including room bookings, access management, and communications. It integrates existing building systems to create cohesive ecosystems within office spaces, allowing for enhanced connectivity and engagement among tenants. Lane's technology supports over 300 properties across 22 major cities in 8 countries, serving notable clients such as Brookfield Properties, Oxford, and Colliers. By streamlining operations and offering services like tenant directories and event management, Lane enhances the overall workplace experience, making offices more functional and community-oriented.

Swyft

Seed Round in 2020
Swyft is a B2B marketplace offering same-day delivery for brands and retailers. It enables carriers to digitize or automate a good deal of what they’re traditionally doing by hand. Ship via Swyft and gain unified bills, digital PODs, real-time track and trace, branded customer notifications, SMS updates, and more. Swyft converts more shoppers at checkout and delights them with reliable and affordable same-day delivery. Swyft was founded in 2020 and is based in Toronto, Canada.

Bliinx

Pre Seed Round in 2020
Bliinx Inc. is a Montreal-based company that specializes in developing software aimed at enhancing business relationships for professionals. Founded in 2018, Bliinx offers a sales engagement platform that aggregates all interactions between users and their contacts into a comprehensive relationship timeline within Office 365. This platform allows access from various tools, including inbox and calendar, facilitating seamless engagement. By analyzing how leads interact with products and social content, Bliinx enables go-to-market teams to identify qualified users, thereby accelerating conversions and driving revenue expansion. The platform is designed to assist sales, marketing, and customer success teams by providing timely insights that optimize client interactions, improve close rates, and enhance overall client satisfaction.

HonestDoor

Seed Round in 2020
HonestDoor uses big data, predictive analytics that combines real estate data with data science to produce estimated values of houses.

Lilia

Seed Round in 2020
Lilia is a fertility support company that offers comprehensive services to women, focusing on egg freezing and family planning. Founded in 2019, Lilia provides a home-based diagnostic test for fertility hormone assessment and operates a resource hub that connects prospective parents with fertility specialists. The company's concierge service assists individuals in navigating their fertility options, providing well-researched data related to egg count, menopause timing, and age to inform decisions. By offering low-cost fertility management services, Lilia aims to empower busy individuals who wish to preserve their options for parenthood later in life. Headquartered in Toronto, Canada, Lilia serves clients primarily in San Francisco, California.

EnPowered

Debt Financing in 2020
EnPowered is a company focused on helping businesses manage their energy usage and costs effectively. By offering free audits of energy bills, EnPowered enables clients to achieve significant cost reductions, potentially up to 70%. The company utilizes analytics to assess energy consumption patterns, facilitating further savings through tailored energy retrofits. EnPowered also promotes a group-buying approach, allowing small businesses to collaborate and secure lower electricity rates. Their energy usage tracking platform features on-bill payment capabilities and anticipates spikes in electricity prices, encouraging users to shift their consumption accordingly. Overall, EnPowered aims to empower customers to take control of their energy expenditures while minimizing their environmental impact.

EnPowered

Seed Round in 2020
EnPowered is a company focused on helping businesses manage their energy usage and costs effectively. By offering free audits of energy bills, EnPowered enables clients to achieve significant cost reductions, potentially up to 70%. The company utilizes analytics to assess energy consumption patterns, facilitating further savings through tailored energy retrofits. EnPowered also promotes a group-buying approach, allowing small businesses to collaborate and secure lower electricity rates. Their energy usage tracking platform features on-bill payment capabilities and anticipates spikes in electricity prices, encouraging users to shift their consumption accordingly. Overall, EnPowered aims to empower customers to take control of their energy expenditures while minimizing their environmental impact.

Communo

Seed Round in 2020
Communo is a curated network that connects creative entrepreneurs and marketing agencies through a sharing economy platform. Founded in 2017 and headquartered in Calgary, Alberta, the company facilitates collaboration among freelancers in the marketing and advertising sectors, offering a marketplace where agencies and businesses can find talent and resources. Communo focuses on various services, including design, video production, and strategic marketing, providing a cost-effective alternative to traditional advertising agencies. By optimizing clients' online presence to enhance brand awareness and search visibility, Communo helps increase organic traffic and fosters ongoing engagement for freelancers, ultimately benefiting all participants in the marketplace.

Roost

Pre Seed Round in 2019
Roost Living, Inc. is a property management company based in Toronto, Canada, specializing in co-living spaces and long-term rentals. Established in 2018, Roost focuses on providing an end-to-end rental platform that simplifies the renting process for modern tenants, particularly targeting Gen Z and Millennial renters. The company offers a range of services, including the design, furnishing, and leasing of properties, as well as building repair services. Through the use of data and hyper-personalization, Roost aims to enhance the renting experience for both tenants and landlords, making it as convenient as booking a hotel. The company is supported by several venture capital firms and angel investors, reflecting its commitment to leveraging technology in the real estate sector.

Botpress

Pre Seed Round in 2019
Botpress is the leading open-source conversational assistants platform. Hundreds of thousands of developers and organizations use Botpress to power their conversational strategy.

Mayday

Pre Seed Round in 2019
Mayday Labs Inc. is a Toronto-based company that specializes in designing and developing wellness and productivity software solutions. Founded in 2018, the company focuses on creating an AI-assisted scheduling tool that helps users organize and optimize their time effectively. This tool analyzes how time is allocated across various activities and offers calendar management features, including automatic travel time scheduling. By providing personalized assistance and recommendations for daily time management, Mayday Labs aims to enhance productivity and adapt to changing schedules, enabling users to manage their time more efficiently.

Wolf and Grizzly

Seed Round in 2019
Wolf and Grizzly is a Canadian company based in Kitchener, established in 2017, that specializes in designing and manufacturing outdoor products for adventurous activities. The company offers a range of products including grill kits, campfire sets, fire starter kits, wilderness gloves, cooking sets, cast-iron Dutch ovens, and hammocks. Wolf and Grizzly sells its products primarily through online channels, catering to customers in the United States and Canada. The company employs advanced product design techniques to create tools that enhance the outdoor experience for travelers and adventurers.

Greeneye Technology

Seed Round in 2019
Greeneye Technology is a company based in Tel-Aviv, Israel, founded in 2017, that focuses on precision agriculture through the use of artificial intelligence. The company has developed a proprietary selective spraying system that transforms conventional sprayers into smart machines capable of detecting weeds and applying herbicides precisely and in real-time. This innovative approach significantly reduces herbicide usage by as much as 90%, moving away from the traditional method of indiscriminate spraying. Greeneye's technology leverages machine learning and computer vision to automate field scouting and optimize herbicide application, providing farmers with valuable insights into their fields. The multidisciplinary team at Greeneye combines expertise in various fields, including agronomy and mechanical engineering, to deliver sustainable solutions that enhance agricultural practices globally.

CTO.ai

Seed Round in 2019
CTO.ai is a developer-focused company that creates serverless DevOps software aimed at automating and streamlining developer workflows. Its platform offers a framework for discovering, building, and sharing workflows, which enhances operational efficiencies at scale. By providing an intuitive and measurable developer experience, CTO.ai allows organizations to boost productivity without the need to hire additional operational engineers. The company positions itself as a solution to the limitations of traditional CI/CD tools, enabling a more customized and effective approach to software development.

Guiker

Seed Round in 2019
Guiker is transforming the residential real estate sector by using technology to simplify the tenant-landlord interaction and provide easy solutions for every stage of the renting process. In doing so, the organization allows individual property owners to step away from the day-to-day and concentrate on their long-term financial goals.

BeatDapp

Seed Round in 2019
BeatDapp is a technology company that specializes in music streaming software aimed at eliminating streaming fraud and ensuring fair compensation for artists. Founded in 2018 and headquartered in Vancouver, British Columbia, with additional offices in Los Angeles and Toronto, BeatDapp provides a SaaS-based platform that allows music labels and artists to accurately track their songs and collect royalties. Its innovative tracking system authenticates and validates media streamed in real-time, reducing discrepancies between Digital Service Providers and rights holders. This capability not only enhances royalty revenue for rights holders but also mitigates legal risks associated with royalty disputes. With a team of industry and technology veterans, BeatDapp is positioned to revolutionize the music industry by delivering transparent streaming data to a rapidly growing market of paid consumers.

Voilà! Technologies

Seed Round in 2019
Voilà! Technologies is a startup focused on workforce optimization through its innovative software solutions. The company's flagship product, Evolia, automates various aspects of schedule management, including personnel replacements and payroll preparation. By streamlining these processes, Evolia helps organizations adhere to their workforce budgets while enhancing employee retention and improving overall efficiency.

InVivo AI

Pre Seed Round in 2019
InVivo AI, founded in 2017 and based in Montreal, Canada, specializes in utilizing artificial intelligence to enhance pharmaceutical research and development, particularly in the area of preclinical toxicology. The company aims to streamline the drug discovery process by implementing advanced AI methods for molecular representation and de novo design, which allows for the creation of novel chemical compounds that can address complex biological challenges. Through its innovative platform, InVivo AI is positioned to significantly improve the efficiency and effectiveness of drug design, paving the way for breakthroughs in pharmaceutical science.

CoLab Software

Seed Round in 2019
CoLab Software Inc. is a Canadian company based in St. John's that specializes in developing Gradient, a cloud-based platform designed for issue tracking and management aimed at mechanical design teams. Founded in 2017, the platform facilitates the viewing of 3D files, gathering feedback from stakeholders, and tracking project issues within a shared cloud environment. By providing real-time collaboration tools, CoLab's solution helps manufacturing teams enhance productivity, reduce communication-related project delays, and ultimately shorten development cycles while minimizing manufacturing defects.

Kora

Seed Round in 2019
Kora is a pan-African payment infrastructure company headquartered in Canada, with additional offices in Nigeria and the United Kingdom. The company specializes in facilitating pay-ins and payouts for local and global businesses across various payment channels in Africa. Kora's platform utilizes blockchain technology to provide an efficient cross-border payments solution, which aims to reduce the costs associated with remittances. By enabling individuals and businesses to receive payments from anywhere in the world, Kora contributes to enhancing the accessibility and affordability of financial transactions across the continent.

ODAIA

Seed Round in 2019
ODAIA is a company that has developed an AI-powered Customer Data Platform specifically for the Life Sciences industry. This innovative platform integrates process mining, customer journey mapping, and artificial intelligence to provide commercial insights and automate processes. By leveraging data analysis, ODAIA's solution enables pharmaceutical commercial teams to enhance personalized selling and ensure that therapeutics reach the patients who require them. The platform aims to streamline decision-making and improve the effectiveness of commercial strategies in the healthcare sector.

FISPAN

Series A in 2019
FISPAN is the market leader in ERP-banking. Our turn-key platform makes it simple for banks to offer commercial banking services embedded in any business application. FISPAN powers best-in-class commercial banking experiences by removing friction and adding value to how the bank’s clients operate their business.

Lilia

Pre Seed Round in 2019
Lilia is a fertility support company that offers comprehensive services to women, focusing on egg freezing and family planning. Founded in 2019, Lilia provides a home-based diagnostic test for fertility hormone assessment and operates a resource hub that connects prospective parents with fertility specialists. The company's concierge service assists individuals in navigating their fertility options, providing well-researched data related to egg count, menopause timing, and age to inform decisions. By offering low-cost fertility management services, Lilia aims to empower busy individuals who wish to preserve their options for parenthood later in life. Headquartered in Toronto, Canada, Lilia serves clients primarily in San Francisco, California.

Carbide

Pre Seed Round in 2019
Carbide, formerly known as Securicy, makes enterprise-class security and privacy accessible to fast-growing companies. Unlike “checkbox-style” compliance solutions, our information security/privacy management platform enables customers to create, promote, and prove their commitment to security no matter which security framework or privacy regulation they wish to comply with.

ehsAI

Grant in 2019
ehsAI is a compliance technology company that leverages artificial intelligence and machine learning to assist organizations in minimizing the costs and risks associated with permitting and compliance. The company's software scans permits from regulatory authorities and generates a comprehensive indexed list of action items linked to each regulatory citation. This functionality allows clients to streamline their manual processes and reduce inconsistencies in interpretation. ehsAI serves various industries, including technology, manufacturing, energy, chemicals, construction, and retail, and is dedicated to integrity, diversity, and innovation in enhancing environmental, health, safety, and compliance management.

StreamingFast

Seed Round in 2019
StreamingFast builds massively scalable open-source software for processing and indexing blockchain data. Founded by a team of serial tech entrepreneurs, the company has deep expertise in large scale data science. Its core innovation, the Firehose, is a files-based and streaming-first approach to processing blockchain data that enables high performance indexing on high throughput chains.

Livescale

Pre Seed Round in 2019
Livescale is a Live Shopping solution that empowers brands to create awareness, engagement and sales through a fully-customized and brand-owned experience. Founded by Virgile Ollivier in Montreal, Canada, Livescale is changing the way brands build community through its unique Live Shopping technology, allowing for immersive, engaging and seamless shopping experiences to occur in-house for brands across industry. Unique in the global market for its integrated checkout, immersive client resources and outstanding customer service.

CYBERNETIQ

Seed Round in 2019
CYBERNETIQ, INC. is a cybersecurity software company based in Ottawa, Canada, established in 2009. The company specializes in its product, the Control Layer Assessment Workstation (CLAW), which is designed to enhance network security by identifying and quantifying vulnerabilities within users' networks and systems. CLAW enables the monitoring and detection of security events, facilitating a proactive response to potential threats. The platform offers a comprehensive view of the network landscape, allowing users to visualize and manage their attack surface effectively. By integrating various cybersecurity applications and tools, CLAW aims to provide actionable insights for enhancing security measures and maintaining a strong defense against advanced threats.

gofor

Seed Round in 2019
gofor is a provider of last-mile logistics services focused on enhancing the operational efficiency of the construction industry. The company offers a platform that facilitates the delivery of building materials and equipment, ensuring reliable and timely arrivals at job sites. It integrates seamlessly with various sales channels, including POS systems, e-commerce, and mobile order management. Additionally, gofor emphasizes sustainability by utilizing electric vehicles, carbon offsets, and smart packaging, while also investing in empowering drivers. This innovative approach aims to deliver cost-effective and environmentally friendly solutions to meet the needs of the home improvement and construction sectors.

Proof

Pre Seed Round in 2019
Proof is a digital platform focused on modernizing government processes by facilitating a transition to paperless operations. It enables public servants and government officials to streamline approval workflows through features that allow for instant tracking of approval statuses, action assignments for each approver, and automated notifications for subsequent steps in the process. The platform also records a comprehensive history of changes, document revisions, and approval sequences. By digitizing application forms and enhancing data-driven decision-making, Proof improves the efficiency of internal approvals and supports better policy development.

Lane

Seed Round in 2019
Lane is a leading workplace experience platform founded in 2018, aimed at transforming and connecting office environments through its no-code enterprise software. This platform efficiently manages various aspects of daily office life, including room bookings, access management, and communications. It integrates existing building systems to create cohesive ecosystems within office spaces, allowing for enhanced connectivity and engagement among tenants. Lane's technology supports over 300 properties across 22 major cities in 8 countries, serving notable clients such as Brookfield Properties, Oxford, and Colliers. By streamlining operations and offering services like tenant directories and event management, Lane enhances the overall workplace experience, making offices more functional and community-oriented.

OnCall Health

Seed Round in 2019
OnCall Health is a provider of telehealth software specifically designed for behavioral health services. The company focuses on facilitating virtual care programs by offering a white-label patient portal that allows clinics to conduct video appointments, engage with patients through messaging, and share relevant content. Their software includes features for online billing, file sharing, automated appointment reminders, and analytics, which support healthcare providers in improving patient retention and operational efficiency. OnCall Health aims to drive digital transformation in the healthcare industry by enhancing the delivery of care and enabling providers to scale their services effectively.

Qohash

Seed Round in 2019
Qohash Inc. is a Quebec City-based company that specializes in data security solutions through its online platform, Qostodian. Founded in 2018, Qohash offers a comprehensive suite of services that includes data discovery, integrity assurance, and threat detection and reporting. The platform is designed to help organizations monitor employee behavior and mitigate the risk of insider data breaches, which often take significant time to contain. By providing real-time alerts for risky activities, Qohash empowers businesses to act swiftly to prevent potential data breaches. Additionally, the platform supports compliance efforts by enabling entitlement reviews, exporting access control lists, and monitoring endpoints, making it suitable for sectors that require stringent data protection measures.

reDock

Seed Round in 2019
reDock Inc. specializes in software that enhances the efficiency of responding to Requests for Proposals (RFPs) through the use of artificial intelligence. Founded in 2016 and based in Ottawa, Canada, reDock's software streamlines the proposal development process by managing corporate documents, resumes, and compliance requirements. The system features dynamic templates, a reporting dashboard, integrated spell checks, and tools for contract management and requirement matching. It is designed to help IT consulting, IT staffing, and management consulting firms in North America prepare compliant and competitive proposals significantly faster, allowing proposal development teams to focus on the most critical aspects of RFP responses. By automating various tasks, reDock aims to alleviate the workload of proposal teams, enabling them to work more efficiently and effectively.

MedStack

Seed Round in 2019
MedStack, Inc. is a Canadian company based in Toronto that operates an end-to-end cloud developer platform specifically designed for healthcare applications. Founded in 2015, the platform provides developers with tools to address critical challenges in data privacy, security, and interoperability. MedStack offers a comprehensive solution that combines automated cloud data security with pre-written compliance policies aligned with industry standards such as HIPAA and ISO 27001. This approach reduces the time and cost of developing integrated, patient-centric healthcare applications by 60%. The platform has gained recognition for its effectiveness, being integrated by numerous digital health companies and endorsed by prestigious healthcare institutions like Cedars-Sinai and the NHS. Its capabilities include a standards-oriented cloud database and healthcare workflow building blocks that facilitate compliance and streamline system integration, enabling developers to build, launch, and scale compliant applications efficiently.
Sanctuary Cognitive Systems Corporation (aka "Sanctuary AI") is a mission-driven company focused on developing human-like intelligence in general-purpose robots. The company was founded in 2018 and is headquartered in Vancouver, British Columbia. Sanctuary AI has built a humanoid general-purpose robot powered by Carbon™, a pioneering AI control system, and designed for work.

Audible Reality

Seed Round in 2018
Audible Reality is an immersive audio software company delivering the next revolution in sound through proprietary AI-driven 3D audio technology for streaming, mobile and consumer device markets. Built for the next generation of audio consumers and creators, AI-driven 3D audio replaces the stereo format with a dynamic, immersive and personalized media that infinitely adapts to the user, the content and their device.

FISPAN

Venture Round in 2018
FISPAN is the market leader in ERP-banking. Our turn-key platform makes it simple for banks to offer commercial banking services embedded in any business application. FISPAN powers best-in-class commercial banking experiences by removing friction and adding value to how the bank’s clients operate their business.

Greeneye Technology

Pre Seed Round in 2018
Greeneye Technology is a company based in Tel-Aviv, Israel, founded in 2017, that focuses on precision agriculture through the use of artificial intelligence. The company has developed a proprietary selective spraying system that transforms conventional sprayers into smart machines capable of detecting weeds and applying herbicides precisely and in real-time. This innovative approach significantly reduces herbicide usage by as much as 90%, moving away from the traditional method of indiscriminate spraying. Greeneye's technology leverages machine learning and computer vision to automate field scouting and optimize herbicide application, providing farmers with valuable insights into their fields. The multidisciplinary team at Greeneye combines expertise in various fields, including agronomy and mechanical engineering, to deliver sustainable solutions that enhance agricultural practices globally.

MobSquad

Venture Round in 2018
MobSquad is a global talent service company that addresses the shortage of software engineers faced by U.S. tech firms. By providing full-time remote technical talent from Canada, MobSquad enables start-ups to overcome the challenges associated with hiring skilled engineers. The company manages the entire administrative process, offering support in areas such as immigration, resettlement, payroll, legal, tax, human resources, real estate, benefits administration, and accounting. This comprehensive approach ensures that software engineers with visa challenges can continue working with their current employers, allowing companies to retain essential technology talent while accessing a broader global talent pool to facilitate business growth.

HumanFirst

Seed Round in 2018
HumanFirst is the playground for prompt and data work. Experiment with raw data, surface business-specific insights, and build reliable AI workflows with speed, accuracy, and trust. With a low-code platform and enterprise-grade security posture, HumanFirst empowers enterprises to transform every team into AI experts.

Wize

Seed Round in 2018
Wize is an online education platform designed for university students in Canada, providing instant access to high-quality exam preparation resources. The platform features course-specific video tutorials, practice problems, and expert tutoring, allowing students to learn at their own pace and from any location. With a focus on reducing the time and stress associated with studying, Wize offers comprehensive study tools, including bite-sized videos and easy-to-understand notes that cover essential concepts. This tailored approach helps students enhance their understanding of course material, whether they are seeking to catch up, get ahead, or delve deeper into challenging topics. Through its innovative offerings, Wize aims to support students in achieving their academic goals more efficiently and affordably.

FleetOps

Seed Round in 2018
FleetOps is a freight marketplace.It works by automating the allocation of loads to truck drivers that can deliver them. It does this by leveraging the data of telematics providers (ex. BigRoad.com) which provide thousands of data-points on vehicles, and by interacting with drivers through a mobile application which truck drivers are required to use called an ELD (read more here: http://bit.ly/2vqq4w7). This telematics data gives us information on: • Where trucks are • Where trucks are headed • What routes trucks typically use • When they’re handling a back-haul (return journey) • When trucks are idle, etc. • Driver behaviour • Available driving hours We run AI/ML algorithms against this and computationally determine which loads are most-appropriate for which drivers. When we make these determinations, we send drivers shipment opportunities

Spocket

Seed Round in 2018
Spocket is a subscription-based wholesale marketplace that connects dropship suppliers with online retail entrepreneurs, aiming to transform the dropshipping market. By leveraging machine learning, Spocket eliminates the necessity for inventory and upfront costs, allowing over 20,000 entrepreneurs across five continents to effectively launch and scale their online stores. The platform facilitates the creation of digital stores and enables seamless communication among users, streamlining the process of discovering and shipping products from suppliers worldwide. This innovative approach addresses the significant issue of inventory distortion in retail while empowering retailers to automate their e-commerce operations.

Communo

Pre Seed Round in 2018
Communo is a curated network that connects creative entrepreneurs and marketing agencies through a sharing economy platform. Founded in 2017 and headquartered in Calgary, Alberta, the company facilitates collaboration among freelancers in the marketing and advertising sectors, offering a marketplace where agencies and businesses can find talent and resources. Communo focuses on various services, including design, video production, and strategic marketing, providing a cost-effective alternative to traditional advertising agencies. By optimizing clients' online presence to enhance brand awareness and search visibility, Communo helps increase organic traffic and fosters ongoing engagement for freelancers, ultimately benefiting all participants in the marketplace.

Flinks

Seed Round in 2018
Flinks is a data company that specializes in connecting users with financial services. It offers a platform that aggregates financial data, allowing businesses to connect users' bank accounts and access essential information such as account ownership, balance verification, and transaction history. By enriching this data, Flinks empowers companies to enhance their product offerings and streamline online transactions. Trusted by numerous leading organizations, Flinks plays a crucial role in helping financial companies leverage data to improve user experience and reduce friction in financial interactions.

CoLab Software

Pre Seed Round in 2018
CoLab Software Inc. is a Canadian company based in St. John's that specializes in developing Gradient, a cloud-based platform designed for issue tracking and management aimed at mechanical design teams. Founded in 2017, the platform facilitates the viewing of 3D files, gathering feedback from stakeholders, and tracking project issues within a shared cloud environment. By providing real-time collaboration tools, CoLab's solution helps manufacturing teams enhance productivity, reduce communication-related project delays, and ultimately shorten development cycles while minimizing manufacturing defects.

AON3D

Seed Round in 2018
AON3D builds physics-informed software, sensing systems, and hardware for advanced manufacturing processes.

Dooly

Seed Round in 2018
Dooly is a provider of sales enablement platform that collects customer information essential to close business sales.

Certn

Seed Round in 2018
Certn is a company that specializes in risk management solutions for employers, landlords, and property management firms. It offers a comprehensive platform for applicant screening that includes services such as criminal record checks, identity verification, employment and education verification, and reference checks. The company utilizes artificial intelligence to enhance its background screening process, allowing for faster and more efficient verification of diverse backgrounds. One of its key offerings is the proprietary Softcheck, which scans over 100,000 databases worldwide for negative news, watchlists, and various violations, delivering results in a matter of minutes. Through its services, Certn aims to streamline the hiring process and improve the overall experience for recruiters and property managers.

Lexop

Pre Seed Round in 2018
Lexop is a leading provider of digital payment and collection solutions that empower customers to self-cure their late bills. With a user-friendly platform and advanced automation capabilities, Lexop is revolutionizing how businesses manage late payments by streamlining processes, improving cash flow, and enhancing customer satisfaction. We are on an exciting journey alongside our clients to reshape the digital payments and collections landscape. Learn why Lexop is the ultimate partner for timely collections and optimized revenue recovery at www.lexop.com.

Masterpiece X

Seed Round in 2018
We help companies building virtual environments create content effortlessly.

Smart Access

Pre Seed Round in 2016
Smart Access provides an information technology solution for the workforce. Smart Access mobile performance support platform helps retailers train and re-skill workers faster, using technology that’s location-aware. It was founded in 2015 and headquartered in Edmonton, Alberta.

Wisk Solutions

Pre Seed Round in 2016
Wisk Solutions Inc. is a Toronto-based company that specializes in developing software for the management of alcoholic operations. The software facilitates inventory management, consumption analysis, product pricing, and the optimization of purchase orders. Catering primarily to the hospitality industry, its clientele includes hotels, clubs, restaurants, and bars. Founded in 2014, Wisk Solutions aims to enhance operational efficiency by reducing the time spent on inventory counting and data compilation.
We aim to become the gold standard in omnichannel healthcare services for patients, nurses, doctors and governments. Our innovative customer experience strategies, state-of-the-art facilities and digital tools will allow for an at-scale system that patients and doctors alike love and governments can afford.
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