Panache Ventures

Panache Ventures is a venture capital firm established in 2018 and headquartered 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 technology. Panache Ventures aims to support innovative startups across various industries such as cybersecurity, e-commerce, healthcare, and virtual reality, primarily within Canada. The firm typically makes initial investments of up to USD 1 million in early-stage companies, helping them navigate the challenges of growth and development.

Dan Belostotsky

Venture Partner

Mukund Chopra

Venture Partner

Timothy Kwok

Associate

Scott Loong

Partner

Patrick Lor

Partner

Prashant Matta

Partner

Domenic Del Vecchio

Associate

Sarah Willson

Associate

Past deals in Ottawa

gofor

Series A in 2020
GoFor Industries Inc. operates an online platform that specializes in on-demand delivery services for building materials and equipment, specifically targeting the home improvement and construction sectors. Founded in 2016 and based in Ottawa, Canada, the company offers a mobile application that facilitates last-mile and same-day delivery solutions for suppliers and retailers. GoFor's streamlined platform integrates various logistics capabilities, including eCommerce integration, dispatching, and reporting, enabling businesses to enhance their existing delivery fleets or outsource their logistics needs entirely.

gofor

Seed Round in 2020
GoFor Industries Inc. operates an online platform that specializes in on-demand delivery services for building materials and equipment, specifically targeting the home improvement and construction sectors. Founded in 2016 and based in Ottawa, Canada, the company offers a mobile application that facilitates last-mile and same-day delivery solutions for suppliers and retailers. GoFor's streamlined platform integrates various logistics capabilities, including eCommerce integration, dispatching, and reporting, enabling businesses to enhance their existing delivery fleets or outsource their logistics needs entirely.

gofor

Seed Round in 2020
GoFor Industries Inc. operates an online platform that specializes in on-demand delivery services for building materials and equipment, specifically targeting the home improvement and construction sectors. Founded in 2016 and based in Ottawa, Canada, the company offers a mobile application that facilitates last-mile and same-day delivery solutions for suppliers and retailers. GoFor's streamlined platform integrates various logistics capabilities, including eCommerce integration, dispatching, and reporting, enabling businesses to enhance their existing delivery fleets or outsource their logistics needs entirely.

CYBERNETIQ

Seed Round in 2019
CYBERNETIQ, INC. is a cybersecurity firm based in Ottawa, Canada, established in 2009. The company specializes in developing cybersecurity software, particularly the Control Layer Assessment Workstation (CLAW), which identifies and quantifies vulnerabilities in users' networks and systems. CYBERNETIQ monitors and detects security events, responds to incidents, and isolates advanced threats within networks. Additionally, the firm plays a vital role in securing critical infrastructure through research, consultation, and education, offering expert training and professional security services. With a team of highly credentialed security consultants, CYBERNETIQ brings significant international experience to their engagements, having worked on assessments of critical and high-integrity systems. Their consultants are recognized for their expertise, having participated in leading security conferences and authored publications in the field.

gofor

Seed Round in 2019
GoFor Industries Inc. operates an online platform that specializes in on-demand delivery services for building materials and equipment, specifically targeting the home improvement and construction sectors. Founded in 2016 and based in Ottawa, Canada, the company offers a mobile application that facilitates last-mile and same-day delivery solutions for suppliers and retailers. GoFor's streamlined platform integrates various logistics capabilities, including eCommerce integration, dispatching, and reporting, enabling businesses to enhance their existing delivery fleets or outsource their logistics needs entirely.

reDock

Seed Round in 2019
reDock Inc. develops software that enhances the efficiency of responding to Requests for Proposals (RFPs) through the use of artificial intelligence. The software streamlines the management of corporate projects and documents, enabling users to create compliant and competitive proposals more quickly. Key features include dynamic templates, compliance checking, requirement matching, and a reporting dashboard, all designed to support proposal development teams. By automating routine tasks such as document management and contract oversight, reDock allows professionals to focus on the most critical aspects of RFPs. Founded in 2016 and based in Ottawa, Canada, the company primarily serves IT consulting, IT staffing, and management consulting firms in North America.

MasterpieceVR

Seed Round in 2018
MasterpieceVR, operated by Brinx Software Inc., is a company specializing in the development of virtual reality 3D modeling products. Founded in 2015 and based in Ottawa, Canada, MasterpieceVR offers a software platform that enables users to create 3D content in an immersive environment. The platform includes a variety of brushes and sculpting tools designed for real-time modeling of tangible objects and vibrant environments. Users can collaborate in virtual spaces, working together with friends or colleagues while also inviting spectators to observe the creation process. In addition to its modeling capabilities, MasterpieceVR features a social platform that facilitates interaction among users, allowing them to upload and download content.
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