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 Quebec

Simplyk

Seed Round in 2021
Simplyk develops an online platform that allows organizations to receive donations or other types of payment online with no transaction fees for non-profit organizations. The company also allows individuals to find organizations to volunteer for them. The company was founded in 2016 and is based in Montreal, Canada.

Zeffy

Seed Round in 2021
Developer of an online financial platform designed to empower nonprofits to raise funding through technology. The company's platform runs donation campaigns, ticketing, membership forms and volunteer recruitment for community work, enabling individuals to find volunteer opportunities according to their availability, location and interests.

Pathway

Seed Round in 2021
Pathway is a health technology company focused on enhancing access to essential medical information for clinicians and patients during the care journey. The company develops a point-of-care reference tool that provides rapid access to evidence-based clinical guidelines. By organizing and condensing medical literature, Pathway aims to make critical information more accessible and easier to understand for healthcare professionals. This approach enables clinicians to work more efficiently, ultimately improving patient outcomes. Leveraging artificial intelligence and big data, Pathway creates a medical knowledge graph and software solutions that integrate evidence-based medicine into clinical practice.

AON3D

Series A in 2021
AON3D is a manufacturer based in Montreal, Quebec, specializing in high-temperature industrial 3D printers. Established in 2015 by Andrew Walker, Randeep Singh, and Kevin Han, the company addresses the growing demand for printing strong and dimensionally stable parts from advanced materials. Its flagship product, the AON-M2, features an open filament platform that allows users to select suitable materials for their projects, helping to reduce costs associated with proprietary materials and licensing fees. AON3D's printers are designed to operate under high-temperature conditions, making them ideal for applications in aerospace, automotive, and research and development sectors. The company aims to streamline the value chain from product development to manufacturing, enabling clients to achieve greater efficiency and cost-effectiveness.

Angel Host

Seed Round in 2021
Angel Host is a tech-enabled property management company focused on maximizing rental income for property owners and managers. By utilizing advanced technology solutions and proprietary revenue algorithms, Angel Host enhances property listings, improving their visibility and increasing booking rates. The company emphasizes a balanced approach that combines data-driven strategies with personalized service, allowing clients to optimize their revenue while reducing the time and effort required to manage rentals effectively. Through its platform, Angel Host aims to support property owners and managers in achieving higher profits and streamlined operations.

Wingocard

Seed Round in 2021
Wingocard is a mobile banking application aimed at teenagers and their parents, facilitating a seamless introduction to a cashless economy. The platform features a debit card linked to the app, allowing teens to make purchases, send, and receive money. Parents can instantly transfer funds to their teens and monitor their spending, promoting healthy financial habits. As of its upcoming launch, Wingocard has generated significant interest, with 50,000 users already on its waiting list. This innovative approach empowers young users to engage with money management while providing parents with oversight and control.

Livescale

Seed Round in 2021
Through their multicloud SaaS platform, Livescale allows to create LiveShopping events on any web environment, providing live video streaming, engagement modules (chat/quizz/survey/...) and instant checkout, directly connected to your eCommerce platform. Get data, audience ownership & improved revenues by creating personal, authentic & experiential livestreaming events.

Livescale

Seed Round in 2021
Through their multicloud SaaS platform, Livescale allows to create LiveShopping events on any web environment, providing live video streaming, engagement modules (chat/quizz/survey/...) and instant checkout, directly connected to your eCommerce platform. Get data, audience ownership & improved revenues by creating personal, authentic & experiential livestreaming events.

Qohash

Series A in 2021
Qohash Inc. is a company based in Quebec City, Canada, that offers an online platform known as Qostodian, which provides modern data security solutions. The platform focuses on key areas such as data discovery, classification, integrity assurance, and threat detection. Qostodian monitors data across enterprises, ensuring the security and integrity of valuable data assets and business processes. It serves a diverse clientele, including chief information officers, chief information security officers, system administrators, auditors, risk advisors, and security analysts. Since its incorporation in 2018, Qohash has aimed to enhance digital trust and security for organizations, particularly in regulated sectors that require robust compliance and information security measures.

Eli

Seed Round in 2020
Eli is a company focused on empowering women to manage their health by providing insights into their hormone profiles. It has developed an at-home device that monitors hormones using saliva samples, allowing for daily tracking of hormonal changes. Alongside the device, Eli offers an app that delivers personalized insights based on the collected data. The primary aim of Eli is to offer women a reliable and effective means to take charge of their fertility and contraception choices, thereby enhancing their overall health and well-being.

Waverly

Pre Seed Round in 2020
Waverly is a software development company that specializes in knowledge management, social reading, market services, and artificial intelligence. The firm is focused on enhancing user experience through the use of natural language understanding, which underpins its innovative algorithms. Waverly's iPhone application features a unique approach, utilizing short paragraphs called "waves" that enable users to articulate their preferences in their own words. This design allows the app's Empathetic AI to comprehend user input effectively, making the process of discovering original content enjoyable and personalized.

Flinks

Series A in 2020
Flinks Technology Inc. is a financial data aggregator based in Montreal, Canada, founded in 2016. The company provides solutions that enable businesses to connect their users' bank accounts, allowing access to critical financial data such as account balances and transaction histories. Flinks offers a hosted application programming interface (API) that facilitates the integration of banking information with mobile applications, helping companies enrich their data and deliver enhanced financial products. The platform not only validates account ownership but also ensures compliance in handling sensitive information. Trusted by numerous leading companies, Flinks aims to simplify online transactions and empower businesses to better serve their customers through improved data utilization.

Bliinx

Pre Seed Round in 2020
Bliinx Inc. is a Montreal-based software company founded in 2018 that focuses on enhancing professional relationship management. Its platform consolidates interactions between professionals and their contacts into a comprehensive relationship timeline accessible through Office 365, including inbox, calendar, and mobile devices. By providing valuable insights and automating data capture, Bliinx assists sales, marketing, and customer success teams in optimizing engagement with clients. This functionality enables businesses to improve close rates, reduce missed opportunities, and boost client satisfaction, ultimately contributing to increased revenue and more effective strategic decision-making.

Botpress

Pre Seed Round in 2019
Botpress, Inc. is a company that specializes in designing and developing an open-source chatbot development platform. Founded in 2016 and based in Newark, Delaware, Botpress provides software that enables the creation of various types of chatbots, including scripted, artificial intelligence, and application-based options. The platform is widely used by developers, organizations, and individuals, facilitating the building, deployment, and management of chatbots. Key features include a conversational flow management system and natural language understanding, allowing businesses to create customizable conversational experiences. Additionally, the platform is designed to be manageable by non-developers after deployment, making it accessible for a broader audience to enhance their conversational strategies.

Guiker

Seed Round in 2019
Guiker Inc. is a Montreal-based company that specializes in developing an online property rental platform tailored for Chinese foreign students. Founded in 2016, Guiker's platform streamlines the property leasing process by offering services that connect tenants with landlords, facilitate communication, and allow for the sending and signing of documents. Additionally, it provides an online payment option, ensuring a seamless rental experience. By enabling digital interaction for browsing available units and executing lease agreements, Guiker optimizes property management for landlords while helping tenants find suitable living spaces efficiently.

Voilà! Technologies

Seed Round in 2019
Voilà! Technologies is a workforce optimization software startup that focuses on automating various aspects of schedule management. The company provides tools that streamline personnel replacements and facilitate payroll preparation, all while helping businesses stay within their workforce budgets. By automating recall lists, Voilà! Technologies aims to enhance employee retention and improve overall operational efficiency for organizations.

InVivo AI

Pre Seed Round in 2019
InVivo AI is a Montreal-based company founded in 2017 that specializes in using artificial intelligence to enhance pharmaceutical research and development. The company primarily focuses on preclinical toxicology, aiming to improve the efficiency and effectiveness of drug development processes. By leveraging advanced AI technologies, InVivo AI seeks to transform traditional methodologies in the pharmaceutical industry, ultimately contributing to faster and more reliable outcomes in drug safety assessments.

StreamingFast

Seed Round in 2019
StreamingFast, formerly known as dfuse Platform Inc., specializes in developing blockchain applications and solutions that facilitate the creation of efficient, decentralized applications. Founded in 2013 and based in Montreal, Canada, the company offers a suite of robust APIs designed to help developers organize and access decentralized data. Key products include dfuse Stream, dfuse Lifecycle, dfuse Search, and dfuse On Demand Networks, which collectively enable real-time state updates, rapid searches, and reliable transaction guarantees. Through its low-latency architecture, StreamingFast empowers developers to create superior user experiences and supports the ongoing evolution of the blockchain ecosystem.

Livescale

Pre Seed Round in 2019
Through their multicloud SaaS platform, Livescale allows to create LiveShopping events on any web environment, providing live video streaming, engagement modules (chat/quizz/survey/...) and instant checkout, directly connected to your eCommerce platform. Get data, audience ownership & improved revenues by creating personal, authentic & experiential livestreaming events.

Qohash

Seed Round in 2019
Qohash Inc. is a company based in Quebec City, Canada, that offers an online platform known as Qostodian, which provides modern data security solutions. The platform focuses on key areas such as data discovery, classification, integrity assurance, and threat detection. Qostodian monitors data across enterprises, ensuring the security and integrity of valuable data assets and business processes. It serves a diverse clientele, including chief information officers, chief information security officers, system administrators, auditors, risk advisors, and security analysts. Since its incorporation in 2018, Qohash has aimed to enhance digital trust and security for organizations, particularly in regulated sectors that require robust compliance and information security measures.

Audible Reality

Seed Round in 2018
Audible Reality Inc. is an immersive audio software company based in Montreal, Canada, that specializes in artificial intelligence (AI)-driven three-dimensional (3D) audio solutions. Founded in 2015, the company aims to revolutionize sound by replacing traditional stereo formats with dynamic, immersive audio experiences that adapt to individual users, content, and devices. Their technology processes sound through multiple channels, enhancing the listening experience for streaming, mobile, and consumer device markets. Audible Reality also develops the Audible Reality Player, a device that utilizes their proprietary software to deliver customized audio solutions tailored to the needs of next-generation audio consumers and creators.

HumanFirst

Seed Round in 2018
HumanFirst is a conversational artificial intelligence that helps companies in their transactions. It helps companies leverage their B2C conversations by transforming their raw conversational data into high-quality labelled data at scale to create business value. HumanFirst integrates with platforms like Zendesk, Intercom, Drift, Live Chat, Front, SMS, WhatsApp, messenger to name a few. It was founded in 2017 and is headquartered in Montreal, Quebec.

Flinks

Seed Round in 2018
Flinks is a data company that empowers businesses to connect their users with financial services they want. Trusted by hundreds of world-class companies, Flinks enables businesses to connect users' bank accounts, enrich their data, and utilize it to deliver better products.

AON3D

Seed Round in 2018
AON3D is a manufacturer based in Montreal, Quebec, specializing in high-temperature industrial 3D printers. Established in 2015 by Andrew Walker, Randeep Singh, and Kevin Han, the company addresses the growing demand for printing strong and dimensionally stable parts from advanced materials. Its flagship product, the AON-M2, features an open filament platform that allows users to select suitable materials for their projects, helping to reduce costs associated with proprietary materials and licensing fees. AON3D's printers are designed to operate under high-temperature conditions, making them ideal for applications in aerospace, automotive, and research and development sectors. The company aims to streamline the value chain from product development to manufacturing, enabling clients to achieve greater efficiency and cost-effectiveness.

Lexop

Pre Seed Round in 2018
Lexop Solutions Inc. is a Montreal-based company that specializes in developing software to automate account collection and legal communication. The company provides a platform that streamlines the debt collection process, allowing account collection teams to enhance customer outreach, optimize payment experiences, and improve collection rates. Lexop's technology enables property managers and landowners to effectively communicate with tenants, manage notifications, and schedule administrative tasks. Additionally, it offers law firms the capability to electronically serve and share legal documents, as well as tools for document collection and e-signatures. Founded in 2012, Lexop has gained recognition for its customer-centric approach to collections, participating in prestigious accelerator programs and receiving multiple awards for its innovative solutions.

Wisk

Pre Seed Round in 2016
Wisk Solutions Inc. is a Toronto-based company that specializes in developing and selling software designed to manage alcoholic operations. Founded in 2014, Wisk's software facilitates inventory management, consumption analysis, product pricing, and the optimization of purchase orders. Its clients include a variety of establishments such as hotels, clubs, restaurants, and bars. The software aims to enhance operational efficiency by reducing the time required for inventory counting and data compilation, thereby providing users with a more accurate and precise inventory solution.
Lotus Medical Inc. is a Montreal-based company that specializes in designing and developing healthcare software solutions. Founded in 2019, the company aims to establish itself as a leader in omnichannel healthcare services, catering to the needs of patients, healthcare professionals, and government entities. Lotus Medical employs advanced technology and artificial intelligence to enhance healthcare delivery. It offers infrastructure for clinical spaces equipped with features such as ultraviolet air filtration and full exam room sterilization, ensuring a safe environment for both patients and medical practitioners. The company's innovative customer experience strategies and digital tools are designed to create a scalable healthcare system that is both effective and affordable.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.