Portage Ventures

Portag3 Ventures is a venture capital firm based in Toronto, Canada, that focuses on early-stage investments in the fintech sector. Established in 2016, the firm aims to identify and support innovative companies in areas such as digital wealth management, insurance, and personal finance, as well as those utilizing enabling technologies like artificial intelligence within financial services. Portag3 Ventures predominantly invests in Canadian companies but also seeks opportunities globally, particularly in the Asia-Pacific region and Europe, especially Germany. The firm typically makes investments starting at $0.25 million, emphasizing long-term engagement and support for its portfolio companies to drive innovation and enhance consumer wellbeing in the financial services industry. As a subsidiary of Sagard Holdings, Portag3 Ventures combines local insights with a global perspective to foster growth in the fintech landscape.

Jude Asare

Investor

Jake Bodanis

Principal

Stephanie Choo

Partner

Ross Darwin

Principal

Hélène Falchier

Partner

Adam Felesky

CEO

Emmanuel Ferreira

Investor

Mickias Hailu

Investor

Ricky Lai

Partner

Victoire de Lavigne

Principal

Leo Liu

Investor

Gabi Makari

Associate

Adnan Mkamel

Investor

Mrinay Nair

Principal

Carl Qiu

Associate

Samuel D. Robinson

President

Juliette Souliman

Principal

Alex Tung

Associate

Rohan Uddin

Investor

Grégoire Viat

Associate

Karel Vuong

Associate

Allan Zhang

Investor

Past deals in Ontario

KOHO

Series D in 2022
KOHO Financial Inc. is a financial technology company based in Toronto, Canada, founded in 2014. It offers low-cost banking services through a prepaid, reloadable Visa debit card and a mobile application designed to simplify financial management for users. The platform enables customers to conduct their daily banking operations while providing tools for expense management, such as setting financial goals, cash flow projections, group spending features, and spending insights. These functionalities allow users to effectively manage their finances and make informed spending decisions while on the go.

Boosted.ai

Series B in 2022
Boosted.ai, founded in 2017 and headquartered in Mississauga, Canada, is an artificial intelligence company that focuses on improving portfolio management for the global financial industry. The company offers a proprietary web-based platform called Boosted Insights, which enables portfolio managers to utilize advanced quantitative investing techniques without needing extensive coding or data science expertise. By leveraging distributed machine learning, Boosted.ai aims to enhance investment decision-making processes and outcomes, making sophisticated financial strategies more accessible to professionals in the field.

League

Series C in 2021
League, Inc. is a company that develops an enterprise healthcare operating system aimed at improving employee health and lifestyle. Its core offering, the Health Benefits Experience (HBX) platform, functions as a centralized hub for various health solutions, facilitating better engagement and informed decision-making among employees regarding their healthcare. The platform includes features such as a digital wallet for managing coverage and spending accounts, as well as support services for benefits enrollment and navigation. League also provides benefits administration and advisory services, catering to clients in Canada, the United States, and Europe. Founded in 2014 and headquartered in Toronto, Canada, with an office in Chicago, Illinois, League has formed strategic partnerships to enhance its service offerings and foster employee wellness.

KOHO

Series C in 2021
KOHO Financial Inc. is a financial technology company based in Toronto, Canada, founded in 2014. It offers low-cost banking services through a prepaid, reloadable Visa debit card and a mobile application designed to simplify financial management for users. The platform enables customers to conduct their daily banking operations while providing tools for expense management, such as setting financial goals, cash flow projections, group spending features, and spending insights. These functionalities allow users to effectively manage their finances and make informed spending decisions while on the go.

Borrowell

Series C in 2021
Borrowell Inc. is a financial services company based in Toronto, Canada, founded in 2014. It operates an online marketplace-lending platform that connects borrowers with lenders, offering a variety of financial products, including personal loans and credit cards. Borrowell provides Canadians with tools to manage their financial well-being, including free credit score monitoring and personalized recommendations for financial products from various partners. The platform aims to simplify the borrowing process by empowering users to make informed decisions, access low-interest loans, and improve their overall financial health. Through its innovative approach, Borrowell seeks to enhance the borrowing experience for Canadians.

Boosted.ai

Series A in 2020
Boosted.ai, founded in 2017 and headquartered in Mississauga, Canada, is an artificial intelligence company that focuses on improving portfolio management for the global financial industry. The company offers a proprietary web-based platform called Boosted Insights, which enables portfolio managers to utilize advanced quantitative investing techniques without needing extensive coding or data science expertise. By leveraging distributed machine learning, Boosted.ai aims to enhance investment decision-making processes and outcomes, making sophisticated financial strategies more accessible to professionals in the field.

League

Corporate Round in 2019
League, Inc. is a company that develops an enterprise healthcare operating system aimed at improving employee health and lifestyle. Its core offering, the Health Benefits Experience (HBX) platform, functions as a centralized hub for various health solutions, facilitating better engagement and informed decision-making among employees regarding their healthcare. The platform includes features such as a digital wallet for managing coverage and spending accounts, as well as support services for benefits enrollment and navigation. League also provides benefits administration and advisory services, catering to clients in Canada, the United States, and Europe. Founded in 2014 and headquartered in Toronto, Canada, with an office in Chicago, Illinois, League has formed strategic partnerships to enhance its service offerings and foster employee wellness.

Flybits

Series C in 2019
Flybits Inc., based in Toronto, Canada, specializes in developing a platform that enhances customer experiences in the financial services sector through contextualization. The company's advanced solution allows banks to deliver personalized content, products, and offers tailored to individual customer needs in real-time. By leveraging extensive data and sensing capabilities, Flybits enables financial institutions to design, launch, and evaluate data-driven experiences that provide relevant information while maintaining customer privacy. This approach fosters a deeper relationship between customers and their financial institutions, ultimately driving product awareness and adding significant value to users' interactions.

Borrowell

Series B in 2019
Borrowell Inc. is a financial services company based in Toronto, Canada, founded in 2014. It operates an online marketplace-lending platform that connects borrowers with lenders, offering a variety of financial products, including personal loans and credit cards. Borrowell provides Canadians with tools to manage their financial well-being, including free credit score monitoring and personalized recommendations for financial products from various partners. The platform aims to simplify the borrowing process by empowering users to make informed decisions, access low-interest loans, and improve their overall financial health. Through its innovative approach, Borrowell seeks to enhance the borrowing experience for Canadians.

KOHO

Series B in 2019
KOHO Financial Inc. is a financial technology company based in Toronto, Canada, founded in 2014. It offers low-cost banking services through a prepaid, reloadable Visa debit card and a mobile application designed to simplify financial management for users. The platform enables customers to conduct their daily banking operations while providing tools for expense management, such as setting financial goals, cash flow projections, group spending features, and spending insights. These functionalities allow users to effectively manage their finances and make informed spending decisions while on the go.

d1g1t

Series A in 2018
d1g1t is a digital wealth management platform powered by analytics that offers advanced, transparent portfolio management services to professional advisers and their individual investors. Founded in 2017, the company is headquartered at Toronto, Ontario, Canada.

Clearco

Series A in 2018
Clearbanc provides growth capital for web-enabled businesses through its 20-minute term sheet. The company offers fast, affordable growth capital to eCommerce and B2B/SaaS companies. Its investments range from $10K - $10M and its portfolio spans small businesses across the United States, Canada, and the United Kingdom to some of the fastest-growing consumer brands. Launched in 2015, Clearbanc uses proprietary underwriting technology to offer more capital at quicker speeds and more flexible terms than other financing alternatives.

integrate.ai

Series A in 2018
Integrate.ai Inc. is an artificial intelligence software company based in Toronto, Canada, established in 2017. The company specializes in developing AI-powered platforms tailored for business-to-consumer enterprises, aiming to enhance customer interactions and drive revenue growth. By leveraging machine learning alongside social media, alternative data, and first-party data, Integrate.ai's solutions enable businesses to personalize and optimize customer engagement, thus improving relationships and addressing various business challenges. The company's mission focuses on integrating AI into enterprise processes to enrich consumer experiences and create more valuable businesses. Founded by Steve Irvine, a former executive at Facebook, Integrate.ai is positioned within a vibrant AI ecosystem.

Drop

Series A in 2018
Drop Technologies Inc. operates a mobile-based loyalty platform that enables users to earn reward points on various brands through their debit and credit card purchases. Users can link their cards to the application, allowing them to accumulate points that can be redeemed for experiences, dining, and shopping. The platform caters to brick-and-mortar retailers, online retailers, and subscription services, enhancing the shopping experience by offering personalized rewards based on spending habits. The mobile application is accessible on both iOS and Android devices. Founded in 2015 and headquartered in Toronto, Canada, Drop Technologies Inc. was previously known as Drop Loyalty Inc. before rebranding in January 2018.

Drop

Seed Round in 2017
Drop Technologies Inc. operates a mobile-based loyalty platform that enables users to earn reward points on various brands through their debit and credit card purchases. Users can link their cards to the application, allowing them to accumulate points that can be redeemed for experiences, dining, and shopping. The platform caters to brick-and-mortar retailers, online retailers, and subscription services, enhancing the shopping experience by offering personalized rewards based on spending habits. The mobile application is accessible on both iOS and Android devices. Founded in 2015 and headquartered in Toronto, Canada, Drop Technologies Inc. was previously known as Drop Loyalty Inc. before rebranding in January 2018.

KOHO

Venture Round in 2017
KOHO Financial Inc. is a financial technology company based in Toronto, Canada, founded in 2014. It offers low-cost banking services through a prepaid, reloadable Visa debit card and a mobile application designed to simplify financial management for users. The platform enables customers to conduct their daily banking operations while providing tools for expense management, such as setting financial goals, cash flow projections, group spending features, and spending insights. These functionalities allow users to effectively manage their finances and make informed spending decisions while on the go.

Borrowell

Series A in 2017
Borrowell Inc. is a financial services company based in Toronto, Canada, founded in 2014. It operates an online marketplace-lending platform that connects borrowers with lenders, offering a variety of financial products, including personal loans and credit cards. Borrowell provides Canadians with tools to manage their financial well-being, including free credit score monitoring and personalized recommendations for financial products from various partners. The platform aims to simplify the borrowing process by empowering users to make informed decisions, access low-interest loans, and improve their overall financial health. Through its innovative approach, Borrowell seeks to enhance the borrowing experience for Canadians.

Wave

Series D in 2017
Wave is a financial management company that specializes in providing online software solutions for small businesses. Founded in 2009 and headquartered in Toronto, Canada, Wave offers a comprehensive suite of services including accounting, invoicing, payroll, and payment processing. With over 3 million users in more than 200 countries, Wave is dedicated to enhancing the operational efficiency of micro and small businesses by helping them manage their finances effectively. The platform enables business owners to improve cash flow and streamline financial tasks, allowing them to focus on growth and sustainability.

Flybits

Series B in 2017
Flybits Inc., based in Toronto, Canada, specializes in developing a platform that enhances customer experiences in the financial services sector through contextualization. The company's advanced solution allows banks to deliver personalized content, products, and offers tailored to individual customer needs in real-time. By leveraging extensive data and sensing capabilities, Flybits enables financial institutions to design, launch, and evaluate data-driven experiences that provide relevant information while maintaining customer privacy. This approach fosters a deeper relationship between customers and their financial institutions, ultimately driving product awareness and adding significant value to users' interactions.

Street Contxt

Venture Round in 2017
Street Contxt is a global communication platform designed for the institutional financial community, facilitating connections between brokers and their clients through high-quality content and insights. Launched in 2012 and headquartered in Toronto, the platform serves as an intelligent information marketplace tailored for global capital markets. It utilizes advanced data technology and machine learning to enhance client coverage, ensuring that the right content reaches the appropriate clients. By integrating seamlessly with existing software, Street Contxt helps clients manage information overload, fosters better engagement, and improves the overall client experience while maintaining stringent cybersecurity measures. The platform aims to transform the production, consumption, and discovery of market-moving commentary, providing actionable insights relevant to each user.

Drop

Seed Round in 2017
Drop Technologies Inc. operates a mobile-based loyalty platform that enables users to earn reward points on various brands through their debit and credit card purchases. Users can link their cards to the application, allowing them to accumulate points that can be redeemed for experiences, dining, and shopping. The platform caters to brick-and-mortar retailers, online retailers, and subscription services, enhancing the shopping experience by offering personalized rewards based on spending habits. The mobile application is accessible on both iOS and Android devices. Founded in 2015 and headquartered in Toronto, Canada, Drop Technologies Inc. was previously known as Drop Loyalty Inc. before rebranding in January 2018.

Zensurance

Seed Round in 2016
Zensurance Inc. provides online commercial insurance brokerage services for startups and small businesses. It offers business, contractors, tech, and tenants insurance. The company was founded in 2016 and is headquartered in Toronto, Canada. As of August 15, 2018, Zensurance Inc. operates as a subsidiary of The Travelers Companies, Inc.

Wealthsimple

Series A in 2015
Wealthsimple Financial Inc. is a Toronto-based company that offers digital investment advisory services across Canada, including provinces and territories such as Ontario, British Columbia, and Alberta. Founded in 2014, the firm provides a range of financial tools designed to help investors grow and manage their wealth. Wealthsimple's primary offerings include an application that allows users to invest in diversified portfolios of exchange-traded funds and a hybrid product known as Wealthsimple Cash, which combines savings and spending features. The company serves over one million Canadians and is supported by a team of financial experts and technology professionals with experience from leading firms. In addition to its Canadian operations, Wealthsimple has offices in New York and London and operates as a subsidiary of Purpose Advisor Solutions Inc.
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