Radical Ventures

Radical Ventures is an early-stage venture capital firm founded in 2017 and headquartered in Toronto, Canada, with additional offices in London and Palo Alto. The firm focuses on investing in entrepreneurs who leverage deep technology, particularly in the field of artificial intelligence, to innovate and transform large industries. Radical Ventures targets pre-seed, seed, and series A investment stages, concentrating on sectors such as healthcare, financial services, infrastructure, and communications. By partnering with ambitious entrepreneurs, the firm aims to support the creation of enduring companies with global reach.

Blair Bernholtz

CFO and Partner

Aaron Brindle

Partner, Public Affairs

Jordan Jacobs

Co-Founder and Managing Partner

David Katz

Partner

Daniel Mulet

Partner and Investor

Aaron Rosenberg

Partner

Ryan Shannon

Partner and Investor

Salim Teja

Partner, Head of Velocity Team

Rob Toews

Partner

Molly Welch

Partner and Investor

Past deals in Canada

Aspect Biosystems

Series B in 2025
Aspect Biosystems Ltd. is a biotechnology company based in Vancouver, Canada, focused on 3D bioprinting and tissue engineering. Founded in 2013, it develops bioprinted tissue therapeutics aimed at transforming disease treatment. The company utilizes proprietary microfluidic 3D bioprinting technology to create physiologically relevant living tissues, allowing for precise control over biomaterial composition and structure during fabrication. Aspect Biosystems offers contract testing services using its 3DAirwayALI human tissue model, catering to pharmaceutical firms and academic institutions engaged in research related to respiratory diseases. Through partnerships with leading researchers and industry innovators, the company aims to address significant challenges in regenerative medicine and advance the understanding of human tissue creation for medical research and therapeutic discovery.

Waabi

Series B in 2024
Waabi is an artificial intelligence company based in Toronto, Canada, focused on developing autonomous driving technology for the transportation sector. Founded in 2021 by Raquel Urtasun, Waabi offers a self-driving solution called the Waabi Driver, specifically designed for integration with trucks. The company's technology aims to facilitate large-scale commercialization and safe deployment of autonomous vehicles in the logistics and transportation industries. By utilizing advanced deep learning, probabilistic inference, and complex optimization techniques, Waabi's software is capable of complex reasoning and is end-to-end trainable. This approach allows clients to test driving scenarios and safety-critical edge cases in a closed-loop simulator, significantly reducing the need for extensive real-world testing and enhancing safety and cost-effectiveness in the deployment of autonomous trucking solutions.

PocketHealth

Series B in 2024
PocketHealth is a cloud-sharing platform based in Toronto, Ontario, that facilitates the electronic sharing of medical imaging records between providers and patients. Founded in 2016, the platform allows patients to access their imaging results shortly after their scans and securely share this information with healthcare professionals, regardless of whether they are part of the PocketHealth network. By establishing a seamless and secure infrastructure, PocketHealth enhances the way sensitive medical imaging information is exchanged, improving accessibility and efficiency in patient care.

Ubenwa

Pre Seed Round in 2022
Ubenwa is a Montreal-based startup focused on advancing automated sound-based medical diagnostics through innovative artificial intelligence. The company has developed a pioneering technology that enables rapid detection of neurological and respiratory conditions in infants by analyzing their cry sounds. This approach utilizes machine learning to examine the amplitude and frequency patterns within the infants' cries, facilitating cost-effective diagnoses, particularly for birth asphyxia. Ubenwa's solutions are grounded in extensive scientific research conducted in collaboration with leading institutions such as the Québec AI Institute and the McGill University Health Center. The technology has potential applications in primary health care, clinical trials, and neurodevelopmental care, ultimately aiming to improve outcomes for newborns.

PocketHealth

Series A in 2022
PocketHealth is a cloud-sharing platform based in Toronto, Ontario, that facilitates the electronic sharing of medical imaging records between providers and patients. Founded in 2016, the platform allows patients to access their imaging results shortly after their scans and securely share this information with healthcare professionals, regardless of whether they are part of the PocketHealth network. By establishing a seamless and secure infrastructure, PocketHealth enhances the way sensitive medical imaging information is exchanged, improving accessibility and efficiency in patient care.

Untether AI

Venture Round in 2021
Untether AI Corporation, based in Toronto, Canada, specializes in manufacturing neural net-based inference processors and chips designed to enhance artificial intelligence applications. Established in 2017, the company focuses on developing a new class of specialized processors that minimize complexity while ensuring efficient neural net inference operations. By positioning processing capabilities close to memory, Untether AI's technology significantly reduces the energy required for inference tasks, which are crucial for devices such as augmented reality headsets and wearables. This innovative architecture not only maximizes inference output but also operates within strict energy budgets, making it highly suitable for various applications where traditional inference technologies may fall short. As the demand for efficient AI processing continues to grow, Untether AI is well-positioned to address these challenges with its scalable and resource-efficient solutions.

Waabi

Series A in 2021
Waabi is an artificial intelligence company based in Toronto, Canada, focused on developing autonomous driving technology for the transportation sector. Founded in 2021 by Raquel Urtasun, Waabi offers a self-driving solution called the Waabi Driver, specifically designed for integration with trucks. The company's technology aims to facilitate large-scale commercialization and safe deployment of autonomous vehicles in the logistics and transportation industries. By utilizing advanced deep learning, probabilistic inference, and complex optimization techniques, Waabi's software is capable of complex reasoning and is end-to-end trainable. This approach allows clients to test driving scenarios and safety-critical edge cases in a closed-loop simulator, significantly reducing the need for extensive real-world testing and enhancing safety and cost-effectiveness in the deployment of autonomous trucking solutions.

Acerta Analytics

Series A in 2020
Acerta Analytics Inc. specializes in machine intelligence solutions that analyze raw machine data to facilitate informed decision-making, particularly in the automotive sector. The company's flagship product, Acerta CHECK, employs statistical methods, data mining algorithms, and machine learning techniques to identify critical issues and anomalies in machine behavior. By assisting automotive manufacturers, including original equipment manufacturers and parts suppliers, Acerta helps improve quality control, reduce defects, and accelerate the market readiness of complex products. Additionally, the company's technology is applicable in aerospace for aircraft health management. Acerta's analytics platform empowers manufacturers to detect early signs of potential product failures, enhance root cause analysis, minimize scrap and rework, and continuously refine their processes. Founded in 2014 and based in Waterloo, Canada, Acerta is committed to transforming quality control through advanced artificial intelligence.

Untether AI

Series A in 2020
Untether AI Corporation, based in Toronto, Canada, specializes in manufacturing neural net-based inference processors and chips designed to enhance artificial intelligence applications. Established in 2017, the company focuses on developing a new class of specialized processors that minimize complexity while ensuring efficient neural net inference operations. By positioning processing capabilities close to memory, Untether AI's technology significantly reduces the energy required for inference tasks, which are crucial for devices such as augmented reality headsets and wearables. This innovative architecture not only maximizes inference output but also operates within strict energy budgets, making it highly suitable for various applications where traditional inference technologies may fall short. As the demand for efficient AI processing continues to grow, Untether AI is well-positioned to address these challenges with its scalable and resource-efficient solutions.

PocketHealth

Series A in 2020
PocketHealth is a cloud-sharing platform based in Toronto, Ontario, that facilitates the electronic sharing of medical imaging records between providers and patients. Founded in 2016, the platform allows patients to access their imaging results shortly after their scans and securely share this information with healthcare professionals, regardless of whether they are part of the PocketHealth network. By establishing a seamless and secure infrastructure, PocketHealth enhances the way sensitive medical imaging information is exchanged, improving accessibility and efficiency in patient care.

Aspect Biosystems

Series A in 2020
Aspect Biosystems Ltd. is a biotechnology company based in Vancouver, Canada, focused on 3D bioprinting and tissue engineering. Founded in 2013, it develops bioprinted tissue therapeutics aimed at transforming disease treatment. The company utilizes proprietary microfluidic 3D bioprinting technology to create physiologically relevant living tissues, allowing for precise control over biomaterial composition and structure during fabrication. Aspect Biosystems offers contract testing services using its 3DAirwayALI human tissue model, catering to pharmaceutical firms and academic institutions engaged in research related to respiratory diseases. Through partnerships with leading researchers and industry innovators, the company aims to address significant challenges in regenerative medicine and advance the understanding of human tissue creation for medical research and therapeutic discovery.

Untether AI

Series A in 2019
Untether AI Corporation, based in Toronto, Canada, specializes in manufacturing neural net-based inference processors and chips designed to enhance artificial intelligence applications. Established in 2017, the company focuses on developing a new class of specialized processors that minimize complexity while ensuring efficient neural net inference operations. By positioning processing capabilities close to memory, Untether AI's technology significantly reduces the energy required for inference tasks, which are crucial for devices such as augmented reality headsets and wearables. This innovative architecture not only maximizes inference output but also operates within strict energy budgets, making it highly suitable for various applications where traditional inference technologies may fall short. As the demand for efficient AI processing continues to grow, Untether AI is well-positioned to address these challenges with its scalable and resource-efficient solutions.

Sensibill

Series B in 2019
Sensibill Inc., founded in 2012 and based in Toronto, Canada, operates a cloud-based application that simplifies receipt management for users. The company's platform allows consumers to track their spending and manage their finances effectively by capturing both paper and electronic receipts. This digital receipt management solution empowers financial institutions to provide personalized insights, helping customers develop healthier financial habits. By analyzing SKU-level data and purchase behavior, Sensibill unlocks valuable insights that support revenue growth for these institutions. The technology has reached over 60 million users across North America and the U.K., facilitating easier reconciliation of bank statements, returns, exchanges, expenses, taxes, and accounting.

Tread

Seed Round in 2019
Tread, Inc. is a Toronto-based company founded in 2016 that specializes in developing a platform for managing construction equipment services. The platform facilitates interaction among contractors, brokers, and operators, simulating a unified fleet experience. By leveraging data analytics, Tread enables construction companies to hire equipment-operating subcontractors effectively. Its software provides real-time recording and measurement of equipment usage, allowing clients to identify opportunities for cost savings and optimize operational efficiency in construction projects.

Inkbox

Series A in 2018
Inkbox is a Toronto-based retailer specializing in semi-permanent tattoos and accessories. Founded by brothers Tyler and Braden Handley, the company emerged from their mutual desire for tattoos that are not permanent. Inkbox offers a unique product made from an organic fruit-based formula that mimics the look and feel of traditional tattoos, lasting for approximately two weeks. Customers can select from a diverse array of designs crafted by a vibrant artist community or create their own custom tattoos. This innovative approach allows users to apply tattoos easily at home, eliminating the need for needles and offering a more flexible option for those hesitant about permanent body art.

Phenomic AI

Seed Round in 2018
Phenomic AI Inc. is a biotechnology company based in Toronto, Canada, founded in 2017. The company specializes in developing artificial intelligence solutions to enhance drug discovery and the creation of therapies for cancer. Its innovative platform utilizes AI, computer vision, and high-content screening to analyze phenotypes in complex disease models, such as high-content co-culture and three-dimensional assays. By focusing on the tumor stroma, Phenomic AI aims to optimize the discovery and development of new medicines, streamlining the process for pharmaceutical companies to identify potential drug candidates more effectively.

Marble

Seed Round in 2018
Marble operates a cloud-based platform that enables users to retrieve and manage healthcare records from various providers. Founded in 2014 and based in Toronto, Canada, the company offers a solution that connects to a vast health data network, allowing businesses in the legal, consumer health, insurance, and life sciences sectors to access patient-consented health data via an API. Marble's products encompass a variety of document types, including legal, hospital, clinical, and research documents, facilitating the online viewing, storage, and sharing of medical records.

TritonWear

Seed Round in 2018
TritonWear Inc. is a Canadian company based in Kitchener that specializes in developing performance wearables for athletes and coaches. Its innovative devices offer real-time tracking of athletic performance through mobile technology, addressing challenges in the sports wearables market, particularly issues related to data accuracy and the lack of actionable feedback. TritonWear's products feature patented technology and AI-based auto-coaching capabilities, which automatically calculate performance metrics and provide personalized insights. This allows coaches to monitor their athletes' progress throughout training and competitions, guiding them on specific areas for improvement. By focusing on these critical needs, TritonWear aims to enhance the athletic experience and redefine the limits of performance.

Roadmunk

Seed Round in 2018
Roadmunk Inc. is a Toronto-based company that specializes in visual roadmap software for product management. Founded in 2013, it offers an online tool that allows product managers and stakeholders to create and manage various types of roadmaps, including sprint, project, and release roadmaps. The software facilitates collaboration across multiple teams through comprehensive sharing features and two-way data integration with Jira. Additionally, Roadmunk supports multiple export formats such as PDF, PowerPoint, HTML, and PNG, enhancing the accessibility of product planning. By promoting transparency and enabling organizations to visualize their strategic plans, Roadmunk aims to streamline product portfolio management.

Drop

Series A in 2018
Drop is a Toronto-based company that operates a personalized commerce platform, designed to enhance consumer experiences through rewards. The platform leverages machine learning to connect over 4 million members with more than 400 partner brands, enabling users to earn points on their purchases and redeem them for instant rewards. By offering an end-to-end solution, Drop facilitates a seamless connection between brands and consumers, helping merchants understand the behaviors of Millennial and Generation Z shoppers. The company aims to improve everyday consumer lives by providing tailored shopping experiences, and it has recently expanded its operations to the UK while maintaining a focus on the North American market.

Tread

Pre Seed Round in 2018
Tread, Inc. is a Toronto-based company founded in 2016 that specializes in developing a platform for managing construction equipment services. The platform facilitates interaction among contractors, brokers, and operators, simulating a unified fleet experience. By leveraging data analytics, Tread enables construction companies to hire equipment-operating subcontractors effectively. Its software provides real-time recording and measurement of equipment usage, allowing clients to identify opportunities for cost savings and optimize operational efficiency in construction projects.

Elucid Labs

Seed Round in 2017
Elucid Labs Inc. is a MedTech company based in Waterloo, Canada, focused on the early detection and diagnosis of skin cancer through its innovative imaging technology. Founded in 2016, the company has developed a proprietary device that analyzes the molecular makeup of the skin at various layers, generating a unique fingerprint for each mole or lesion. This technology employs augmented intelligence to convert the fingerprint into clinical informatics, aiding dermatologists in making quicker and more informed decisions. By facilitating earlier detection of skin cancer, Elucid Labs' solution aims to reduce treatment costs and minimize the number of unnecessary biopsies performed annually.

Acerta Analytics

Seed Round in 2017
Acerta Analytics Inc. specializes in machine intelligence solutions that analyze raw machine data to facilitate informed decision-making, particularly in the automotive sector. The company's flagship product, Acerta CHECK, employs statistical methods, data mining algorithms, and machine learning techniques to identify critical issues and anomalies in machine behavior. By assisting automotive manufacturers, including original equipment manufacturers and parts suppliers, Acerta helps improve quality control, reduce defects, and accelerate the market readiness of complex products. Additionally, the company's technology is applicable in aerospace for aircraft health management. Acerta's analytics platform empowers manufacturers to detect early signs of potential product failures, enhance root cause analysis, minimize scrap and rework, and continuously refine their processes. Founded in 2014 and based in Waterloo, Canada, Acerta is committed to transforming quality control through advanced artificial intelligence.

Plantiga

Venture Round in 2017
Plantiga Technologies Inc. is a Vancouver-based company that specializes in biometric sensing technology for footwear. Founded in 2017, Plantiga has developed a platform that offers human movement intelligence, providing deep insights into health by analyzing how individuals move. Their technology focuses on optimizing health, preventing injuries, and monitoring recovery by detecting subtle changes in functional movement patterns that are often imperceptible. By combining rigorous analysis of human performance with wearable device capabilities, Plantiga enables users to assess athletic performance, health, and productivity effectively.
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