Real Ventures

Real Ventures is a venture capital firm based in Montreal, Canada, with an additional office in Toronto. Founded in 2007, it specializes in making direct and fund of fund investments, focusing primarily on early-stage companies, including seed stage and growth capital investments. The firm emphasizes investing in a diverse range of sectors, such as internet software, telecommunication services, agtech, fintech, and entertainment, among others. Real Ventures aims to invest approximately 80% of its capital in Quebec-based companies while also targeting opportunities across Canada, particularly in the Toronto-Waterloo corridor. Typical investments range from $0.25 million to $1.15 million, with the firm seeking a minimum 5% stake in its portfolio companies. In addition to financial backing, Real Ventures is committed to supporting entrepreneurs and fostering the development of robust tech ecosystems throughout Canada.

Jean Sebastien Cournoyer

Partner and Co-Founder

JS Cournoyer

Board Partner

Laura Easton

Associate

Mohamed Elabshihy

Associate

Sam Haffar

Partner

Lauren Jane Heller

Director of Communications

Mark McDowell

Board Partner

Hamzah Nassif

Partner

Niu C.F.A., Shudi

Fund Analyst

Stephen Osmond

Vice President of Finance

Isaac Souweine

Partner

Steffie Vincelli

Finance Manager

285 past transactions

dcbel

Venture Round in 2023
dcbel's mission is to deliver energy that lets people live a life without compromise. dcbel™ (formerly known as Ossiaco) sits at the nexus of residential solar power, electric vehicle charging, the smart home, and customer-centric utilities. The dcbel team has a proven history of rethinking energy distribution for everything from large utility customers to distributed energy resource providers. dcbel's AI-driven sustainable technologies enable people to leverage solar energy to power their cars, their homes, and their lifestyles. dcbel has numerous worldwide patents in power electronics and power conversion and is backed by a number of globally respected investors.

Axya

Seed Round in 2022
Axya, formerly known as GRAD4 Inc., is a Montreal-based company that has developed an artificial intelligence platform aimed at automating industrial operations. The platform offers a software as a service (SaaS) solution that connects small and medium-sized manufacturing shop owners with suppliers, streamlining the subcontracting process for computer numerical control (CNC) machining, sheet metal, and parts manufacturing. Additionally, Axya provides contract management, quotation receipt, tender approval, and data analysis services, all designed to enhance efficiency in the manufacturing sector. Established in 2019, the company's marketplace standardizes and centralizes the subcontracting process, making it easier for users to access necessary services and materials.

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.

Petra

Series A in 2021
Petra is a Robotics company that focuses solely on underground utilities. Petra enables undergrounding critical utilities by boring utility tunnels through previously impenetrable geologies.

Nectar Technologies

Seed Round in 2021
Nectar's mission is to ensure the health of honey bees by helping beekeepers apply the right care at the right time through bee-friendly and human technology. They aim to bring bees and beekeepers closer together by enabling communication between two species.w

Clutch

Series B in 2021
Clutch Canada Inc. is an online platform that specializes in the sale of used cars, allowing customers to search, experience, finance, and purchase vehicles from the comfort of their homes. Founded in 2017 and headquartered in Bedford, Canada, the company serves regions including Nova Scotia, Halifax, Toronto, and Dartmouth. Clutch distinguishes itself by providing detailed listings that feature images of vehicle condition, comprehensive CarFax reports, and 360-degree views of both the interior and exterior. The company emphasizes transparency by having no hidden fees and offers a seven-day money-back guarantee on all purchases. Additionally, Clutch provides services such as test drives, mechanical inspections, and direct delivery to enhance the customer experience.

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.

Uvaro

Series A in 2021
Kiite is a sales platform provider that allows sales teams to capture, organize, and deliver the information needed to close deals. The company's tech sales training program, operating as Uvaro, equips students to pursue or grow their careers in tech sales. Uvaro’s unique curriculum made up of online, live classes, online collaborative working sessions, and optional internships close common skills gaps and are designed to enrich and level up the talent pool for tech sales roles Donna Liitt, Joseph Fung, and Robert Chaplinsky co-founded the Kiite in 2017 in Waterloo, Ontario.

YData

Seed Round in 2021
YData helps adopters of AI to improve and generate high quality data so they can become tomorrow's industry leaders. We offer a data-centric development platform for Data Scientists to work with high quality and synthetic data.

Gallea

Pre Seed Round in 2021
Gallea is Canada's fastest growing online art gallery, showcasing local talent worldwide. It aims to become the world's largest art distribution network in the world. Founded in Montreal, Quebec, Canada.

XpertSea

Series B in 2021
XpertSea Solutions Inc. develops solutions to count aquatic organisms for aquaculture farmers and scientists worldwide. It offers XperCount, a connected device for counting, sizing, and imaging small aquatic organisms. The company also provides a platform for generating, storing, and analyzing data about aquatic populations. XpertSea Solutions Inc. was founded in 2009 and is based in Quebec, Canada.

Tenstorrent

Series C in 2021
Tenstorrent Inc. is a technology company that develops and manufactures application-specific integrated circuits (ASIC) designed for machine learning and hardware applications. Founded in 2016 and headquartered in Toronto, Canada, with an additional office in Austin, Texas, Tenstorrent's architecture is engineered for use in a range of devices, from battery-powered Internet of Things (IoT) devices to large cloud servers. The company aims to enhance performance and efficiency for artificial intelligence workloads by co-designing hardware, software, and AI algorithms. Its processors are characterized by scalability, programmability, and improved flexibility compared to traditional accelerators like CPUs and GPUs. Tenstorrent's team comprises experts in computer architecture, hardware design, systems engineering, and machine learning, positioning the company to support advancements in technology across various industries.

Botpress

Series A in 2021
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.

Axya

Seed Round in 2021
Axya, formerly known as GRAD4 Inc., is a Montreal-based company that has developed an artificial intelligence platform aimed at automating industrial operations. The platform offers a software as a service (SaaS) solution that connects small and medium-sized manufacturing shop owners with suppliers, streamlining the subcontracting process for computer numerical control (CNC) machining, sheet metal, and parts manufacturing. Additionally, Axya provides contract management, quotation receipt, tender approval, and data analysis services, all designed to enhance efficiency in the manufacturing sector. Established in 2019, the company's marketplace standardizes and centralizes the subcontracting process, making it easier for users to access necessary services and materials.

My Intelligent Machines

Seed Round in 2021
MIMs, a Montreal-based SAAS company was founded in June 2016 by Sarah Jenna (CEO), Mickaël Camus (CTO) and Abdoulaye Baniré Diallo (CSO). MIMs mission is to provide Biopharma and Agtech companies with AI-powered systems biology software for population stratification, target and biomarker discovery to help them develop a more efficient and personalized medicine and agriculture.

dcbel

Venture Round in 2021
dcbel's mission is to deliver energy that lets people live a life without compromise. dcbel™ (formerly known as Ossiaco) sits at the nexus of residential solar power, electric vehicle charging, the smart home, and customer-centric utilities. The dcbel team has a proven history of rethinking energy distribution for everything from large utility customers to distributed energy resource providers. dcbel's AI-driven sustainable technologies enable people to leverage solar energy to power their cars, their homes, and their lifestyles. dcbel has numerous worldwide patents in power electronics and power conversion and is backed by a number of globally respected investors.

QuoteMachine

Seed Round in 2021
QuoteMachine is a sales software platform aimed at assisting local retailers in converting in-store conversations into online sales. When a customer leaves the store without making a purchase, the sales associate can send them a personalized microsite featuring the products discussed during their visit. This approach allows customers to conveniently order items when they are ready, resulting in a high conversion rate of 70% for the microsites. Additionally, QuoteMachine's platform enhances the sales experience for retailers, wholesalers, and manufacturers by streamlining quoting, ordering, invoicing, and payment processes. The platform also includes a live engagement tracker, which helps clients expedite negotiations and improve conversion rates.

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.

SPARK Microsystems

Private Equity Round in 2021
SPARK Microsystems International Inc. is a fabless semiconductor company based in Montréal, Canada, specializing in ultra-low power wireless communication technologies for the Internet of Things. Founded in 2016, the company develops a wireless transceiver known as SPARK Radio, which is designed to provide reduced latency and extended battery life for short-range wireless communications. This technology enables devices to operate using energy harvesting techniques, significantly enhancing energy efficiency and performance. By leveraging patented innovations, SPARK Microsystems aims to deliver high-performance wireless solutions that outperform competing technologies in terms of power consumption and data rates, facilitating the advancement of battery-less operations in wireless devices.

Eli

Seed Round in 2020
Eli enables women to take control of their health across their lives, by providing them with powerful information on their daily hormone profile. We develop an at-home device to monitor hormones in saliva and an app to provide personalized insights. Eli's initial focus is to give women a no-compromise option to own their fertility and contraception decisions.

PAPER

Funding Round in 2020
Improve student achievement and teacher effectiveness with the leading Educational Support System. Leading school districts make Paper part of their strategic plan. Whether you need to support a high ELL population, improve math/English proficiency, reduce teacher turnover, or address opportunity gaps in a diverse socio-economic community, Paper helps you reach your district goals. Educational Equity Like Never Before Paper is the first comprehensive Educational Support System (ESS) featuring live help and writing feedback for students paired with real-time feedback and intervention tools for teachers.

Canvass AI

Series A in 2020
Canvass AI develops a predictive analytics platform that leverages artificial intelligence to enhance industrial operations across various sectors, including food and agriculture, automotive, energy, and metals and mining. The platform automates the data analysis process, enabling companies to gather insights on production efficiency, maintenance, and energy use with ease. By providing actionable insights and real-time guidance, Canvass AI empowers industrial operators to optimize their processes, improve quality, and reduce energy consumption. The technology is designed to facilitate the adoption of AI in industrial settings without requiring extensive data science expertise, thus supporting companies in lowering operational costs, improving profitability, and extending the lifespan of their assets. Founded in 2016 and based in Toronto, Canada, Canvass AI was previously known as Dat-uh Inc. and rebranded in August 2017.

Chef Jasper

Seed Round in 2020
Chef Jasper operates a business focused on robotic automation in the food industry, specifically through the development of automated robotic kitchens. Based in Montreal, Canada, the company aims to enhance accessibility to gourmet food by utilizing advanced technologies such as robotics, artificial intelligence, and computer vision. Its robotic workstations are designed to prepare a wide variety of dishes using fresh ingredients, ensuring consistent quality at a lower cost. Targeting food restaurants and arenas, Chef Jasper's innovative approach allows for efficient meal preparation, contributing to the growing trend of small-scale automation in culinary practices. Founded in 2016, the company is committed to making quality food more accessible to consumers through its cutting-edge food kiosks.

Omnirobotic

Seed Round in 2020
Omnirobotic Inc develops autonomous industrial robots. Its Omnipainter, vision-guided robotic system, is designed to provide flexibility, scalability, and customization to coating and painting and is based on artificial intelligence (AI) algorithms. The omnirobotic eliminates the dullest, dirtiest, and dangerous tasks in the painting industry. Omnirobotic Inc was founded in 2016 and is based in Laval, Canada.

Breathe Life

Series A in 2020
Breathe Life Inc. designs and develops a software platform for insurance companies and assists them in conducting business online. The company's platform uses tools and analytics for the digital distribution of life insurance policies and eliminates the requirement of brokers. It also features a single-session quote creation and application process which enables consumers to purchase products on their own. It caters to life and health insurers, distribution organizations, and advisors. The company was incorporated in 2017 and is based in Montreal, Canada.

clean.io

Series A in 2020
Clean.io is digital engagement security platform that helps businesses retain revenue and build stronger customer relationships by controlling the third party code that executes on their websites. The company's products include cleanAD, which protects digital publishers from malvertising by detecting and stopping malicious third-party code in real-time, and cleanCART, which protects ecommerce merchants by blocking the auto-injection of discount and coupon codes from untrusted browser extensions.

Clutch

Seed Round in 2020
Clutch Canada Inc. is an online platform that specializes in the sale of used cars, allowing customers to search, experience, finance, and purchase vehicles from the comfort of their homes. Founded in 2017 and headquartered in Bedford, Canada, the company serves regions including Nova Scotia, Halifax, Toronto, and Dartmouth. Clutch distinguishes itself by providing detailed listings that feature images of vehicle condition, comprehensive CarFax reports, and 360-degree views of both the interior and exterior. The company emphasizes transparency by having no hidden fees and offers a seven-day money-back guarantee on all purchases. Additionally, Clutch provides services such as test drives, mechanical inspections, and direct delivery to enhance the customer experience.

Willful

Seed Round in 2020
Willful is building a suite of estate planning products for Canadians, starting with online wills. Using Willful, Canadians can create a will online in less than 20 minutes, for a fraction of the price of a traditional estate lawyer. Our goal is to make it easier to help people prepare for and deal with death, and to give Canadians and their families peace of mind that they have a plan in place.

CALA

Seed Round in 2020
CALA, Inc. is a fashion technology company that provides a comprehensive online platform for fashion designers and influencers to create and launch their own apparel brands. Established in 2016 and based in New York, CALA offers a suite of tools, including CALA Studio, which utilizes 3D scanning technology and augmented reality to help users accurately measure their bodies and ensure a proper fit for their garments. The platform enables the design and production of a wide range of clothing items, such as outerwear, dresses, denim, and swimwear, while allowing creators to maintain a high level of customization similar to haute couture. By combining advanced technology with manufacturing capabilities, CALA simplifies the process for influencers and brands, enabling them to produce and deliver tailored fashion without the limitations of traditional methods.

TRU LUV

Funding Round in 2020
TRU LUV Media Inc., founded in 2015 and based in Toronto, Canada, focuses on the design and development of self-care application software that aims to improve users' relationships with technology. The company offers a variety of digital tools, including backgrounds, paper kits, and coloring pages, as well as AI companions that are specifically designed to reduce stress and anxiety. TRU LUV emphasizes the creation of interactive experiences informed by research in relaxation techniques and neuroscience, fostering calm and connection for users. The company's mission is to provide refuge, resilience, and transformation through emotionally conscious AI, guided by a team that includes experts in humanistic AI and interaction design.

Vention

Series B in 2020
Vention Inc. operates a cloud platform to design and order custom machines. The company provides 3D Machine Builder, a cloud based assembly software; MachineMotion that allows automation specialists and first timers to automate their design; and T-slot aluminum extrusion systems for precision and rigidity. Its products and services allow mechanical designers to design, order, and share their custom machines directly from web browsers. The company was founded in 2016 and is headquartered in Montreal, Canada.

Sollum Technologies

Series B in 2020
Sollum Technologies Inc. designs and manufactures lighting systems. Its lighting systems include LED hardware and programmable platform to provide the right light at various stages of crop growth; and a natural circadian rhythm to animals. The company was incorporated in 2015 and is based in Montreal, Canada.

Axya

Pre Seed Round in 2020
Axya, formerly known as GRAD4 Inc., is a Montreal-based company that has developed an artificial intelligence platform aimed at automating industrial operations. The platform offers a software as a service (SaaS) solution that connects small and medium-sized manufacturing shop owners with suppliers, streamlining the subcontracting process for computer numerical control (CNC) machining, sheet metal, and parts manufacturing. Additionally, Axya provides contract management, quotation receipt, tender approval, and data analysis services, all designed to enhance efficiency in the manufacturing sector. Established in 2019, the company's marketplace standardizes and centralizes the subcontracting process, making it easier for users to access necessary services and materials.

PAPER

Venture Round in 2020
Improve student achievement and teacher effectiveness with the leading Educational Support System. Leading school districts make Paper part of their strategic plan. Whether you need to support a high ELL population, improve math/English proficiency, reduce teacher turnover, or address opportunity gaps in a diverse socio-economic community, Paper helps you reach your district goals. Educational Equity Like Never Before Paper is the first comprehensive Educational Support System (ESS) featuring live help and writing feedback for students paired with real-time feedback and intervention tools for teachers.

BenchSci

Series B in 2020
BenchSci's vision is to bring medicine to patients 50% faster by 2025. The company empowers scientists with the world’s most advanced biomedical artificial intelligence to run more successful experiments. Backed by F-Prime, Gradient Ventures (Google’s AI fund), and Inovia Capital, BenchSci's proprietary technology accelerates science at 15 top 20 pharmaceutical companies and over 4,300 leading research centers worldwide. BenchSci is a CIX Top 10 Growth company, certified Great Place to Work®, and top-ranked company on Glassdoor.

Unito

Series A in 2020
Unito Inc., founded in 2015 and based in Montréal, Canada, specializes in developing a project management integration tool that enhances collaboration across various teams and departments. The platform automatically synchronizes projects, tasks, and conversations between multiple work management applications, such as Trello, Asana, JIRA, GitHub, Wrike, Zendesk, and Hubspot. By allowing users to connect their existing tools without requiring them to learn new systems, Unito promotes seamless communication and improved workflow. The platform addresses the complexities of integrating disparate software applications, enabling businesses to boost productivity by minimizing the need to switch between different tools and providing flexible synchronization options for tasks and projects.

Uvaro

Pre Seed Round in 2020
Kiite is a sales platform provider that allows sales teams to capture, organize, and deliver the information needed to close deals. The company's tech sales training program, operating as Uvaro, equips students to pursue or grow their careers in tech sales. Uvaro’s unique curriculum made up of online, live classes, online collaborative working sessions, and optional internships close common skills gaps and are designed to enrich and level up the talent pool for tech sales roles Donna Liitt, Joseph Fung, and Robert Chaplinsky co-founded the Kiite in 2017 in Waterloo, Ontario.

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.

Delphia

Series A in 2019
Delphia Inc., founded in 1993 and based in Toronto, Canada, specializes in creating artificial intelligence-driven surveys designed to assist individuals in making informed decisions regarding careers, education, finances, and health. The company has developed an innovative investment platform that allows users to convert their personal data into investment capital. By sharing personal insights and opinions, individuals can leverage their data to enhance their investment potential, marking a significant shift in how wealth can be built without requiring initial financial resources. Delphia emphasizes the secure use of shared information, ensuring that it is solely utilized to optimize investment returns for its users.

RenoRun

Series A in 2019
RenoRun is building the world's largest single source platform for general contractors to purchase materials. Their mobile-friendly platform is a one-stop-shop when it comes to construction material supply. This app is revolutionizing the construction industry by maximizing productivity, saving contractors wasted run-around hours, and allowing their clients to leave their competition in the dust. Their trained runners will collect and deliver the desired materials to the job site. RenoRun was founded in 2016 and is headquartered in Montreal, Canada, with offices in Toronto and Austin, Texas.

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.

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.

Korbit Technologies

Seed Round in 2019
Korbit Technologies is focused on transforming education through its AI tutor, Korbi, which utilizes artificial intelligence to engage students in personalized learning experiences. The platform offers interactive exercises, conversations, quizzes, visual aids, and performance tracking tailored to individual learning profiles. Korbi aims to enhance educational outcomes by providing targeted pedagogical interventions and personalized feedback. In addition to its tutoring services, Korbit Technologies also offers a free machine learning course, catering to a broad audience that includes students, teachers, publishers, and companies. Founded in 2018 and headquartered in Montreal, Canada, Korbit Technologies is committed to delivering high-quality, accessible education that supports learners in improving their socio-economic status.

Plum.io

Seed Round in 2019
Plum.io, Inc. is a software as a service (SaaS) recruitment platform based in Waterloo, Canada, focused on matching job candidates with companies. Since its incorporation in 2012, the company has developed a range of tools that utilize artificial intelligence and principles from industrial and organizational psychology to enhance talent acquisition, workforce planning, and employee development. Plum's platform measures various talents, including adaptability, innovation, and communication, and hosts a comprehensive database for quantifying human potential. This allows organizations to predict successful hires and make informed decisions regarding professional development and strategic workforce planning. Formerly known as Cream.HR, Inc., the company rebranded to Plum.io in August 2014, reflecting its commitment to helping companies hire, grow, and retain top talent.

Element AI

Series B in 2019
Element AI Inc. provides artificial intelligence solutions (AI) for organizations to identify opportunities to use artificial intelligence and machine learning and build AI solutions. It operates an AI as a Service (AIaaS) platform that enables businesses to launch and incubate AI solutions in partnership with large corporations. The company also operates a research and development laboratory that conducts research to deploy AI in computing infrastructure. It provides its products to insurance, banking and capital markets, manufacturing, logistics, retail, and consumer packaged goods industries. Element AI Inc. was founded in 2016 and is headquartered in Montreal, Canada with an additional office in Toronto, Canada.

Element AI

Series B in 2019
Element AI Inc. provides artificial intelligence solutions (AI) for organizations to identify opportunities to use artificial intelligence and machine learning and build AI solutions. It operates an AI as a Service (AIaaS) platform that enables businesses to launch and incubate AI solutions in partnership with large corporations. The company also operates a research and development laboratory that conducts research to deploy AI in computing infrastructure. It provides its products to insurance, banking and capital markets, manufacturing, logistics, retail, and consumer packaged goods industries. Element AI Inc. was founded in 2016 and is headquartered in Montreal, Canada with an additional office in Toronto, Canada.

My Intelligent Machines

Seed Round in 2019
MIMs, a Montreal-based SAAS company was founded in June 2016 by Sarah Jenna (CEO), Mickaël Camus (CTO) and Abdoulaye Baniré Diallo (CSO). MIMs mission is to provide Biopharma and Agtech companies with AI-powered systems biology software for population stratification, target and biomarker discovery to help them develop a more efficient and personalized medicine and agriculture.

Nectar Technologies

Seed Round in 2019
Nectar's mission is to ensure the health of honey bees by helping beekeepers apply the right care at the right time through bee-friendly and human technology. They aim to bring bees and beekeepers closer together by enabling communication between two species.w

Nomic

Pre Seed Round in 2019
Nplex Biosciences is a biotechnology company based in the United States that specializes in proteomic technology. The company has developed a platform that utilizes DNA nanotechnology to understand, detect, and treat diseases. Nplex offers a range of instruments and automation tools for measuring multiple proteins from blood samples, providing cost-effective solutions for protein data analysis. Its technology integrates seamlessly with industry-standard cytometers, enabling high-throughput analysis and the development of custom protein panels. Nplex aims to enhance existing instruments and workflows while facilitating automation in proteomic research and applications.

Sonder

Series D in 2019
Sonder is a hospitality company that leases hotel-style apartments and manages vacation and short-term rental properties for travelers. Originally founded as Flatbook Corp., it rebranded to Sonder Canada Inc. in 2016 and expanded its operations to the United States with Sonder USA Inc. The company offers properties designed with modern aesthetics, including features such as living areas, dining spaces, and multiple bedrooms, complemented by a concierge service accessible via phone or text. Each rental is fully equipped with beds, linens, towels, and essential amenities, along with curated art and furniture. Sonder currently manages over $2.3 billion in various projects, including commercially-zoned mixed-use developments, residential spaces, serviced apartments, apart-hotels, and hotels across multiple cities.

Bus.com

Series B in 2019
Bus.com is a bus rental platform that allows its clients to plan and book group transportation online. Its web app makes it easy to organize, book, join and enjoy bus trips. T The company was founded by travel industry veterans and built with startup hustle. Its headquarters is located at Montreal, Quebec.

Xanadu

Series A in 2019
Xanadu Quantum Technologies Inc. is a Canadian company based in Toronto that specializes in developing photonic quantum computers. Founded in 2016, Xanadu integrates quantum silicon photonic chips into existing hardware to create a comprehensive quantum computing system. The company aims to provide quantum computing resources on demand, enabling significant computational advancements over traditional methods to address complex real-world challenges. Xanadu offers several platforms, including PennyLane, a Python library for quantum machine learning and hybrid quantum-classical computations, and Strawberry Fields, an open-source programming language for quantum applications. By combining academic research with industry expertise, Xanadu is positioned to drive innovation in the field of quantum technology.

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.

Thorasys

Venture Round in 2019
Thorasys Thoracic Medical Systems Inc. is a Canadian medical device start-up specializing in respiratory diagnostics. The company has developed tremoFlo, an advanced Airwave Oscillometry System that measures lung function effortlessly by applying a gentle multi-frequency airwave to the patient's respiratory airflow. This innovative technology assists healthcare professionals in diagnosing and monitoring lung diseases, such as asthma and chronic obstructive pulmonary disease, through a unique pulmonary function testing method known as forced oscillation. By enabling accurate lung capacity measurements for patients of all types, Thorasys aims to facilitate early detection and management of respiratory conditions. The company is headquartered in Halifax, Canada, and leverages cutting-edge research and technology in its product development.

Optina Diagnostics

Seed Round in 2019
Optina Diagnostics Inc. develops a technology for the early detection of Alzheimer’s disease through hyperspectral imaging of the eye. Its Optina Diagnostic retinal imaging test serves the healthcare industry. The company was founded in 2010 and is headquartered in Montréal, Canada.

MindBridge

Series B in 2019
MindBridge Analytics Inc. is a Canadian FinTech company that specializes in financial analytics software for audit, assurance, and commercial enterprises. Utilizing machine learning and artificial intelligence, the MindBridge platform identifies anomalous transactions and patterns within financial datasets, which aids organizations in detecting unintentional errors and intentional misstatements. The MindBridge AI Auditor provides risk-weighted analysis and deep insights into monetary flows, enabling companies to enhance their internal controls and improve decision-making processes. Through these capabilities, MindBridge helps organizations minimize financial losses and strengthen their overall financial integrity.

Spinologics

Venture Round in 2019
Spinologics Inc develops and manufactures spinal care products. It offers products, such as Scolioscreen, a device that allows phones to be used to screen for spinal deformities; Scolioscreen APP, a software that can be combined with Scolioscreen device for measuring angle of trunk rotation; and Cervision, a tool to maintain patient’s shoulders and arms to reduce surgery time and to provide x-rays of the cervical spine. The company also operates Biomechanics Numerical Lab that provides biomechanics to design medical devices and consulting services. Spinologics Inc was founded in 2010 and is headquartered in Montréal, Canada.

Densitas

Venture Round in 2019
Densitas Inc. specializes in developing breast imaging analytics technologies aimed at enhancing radiology departments, diagnostic imaging facilities, and healthcare systems. The company's flagship product, densitasenterprise, is a web-based analytics platform that includes tools such as densitasdensity for ACR BI-RADS density scale assessments, densitasquality for image quality evaluations, and densitasrisk for breast cancer risk assessments. These solutions facilitate risk-based management of patients by providing healthcare administrators with on-demand insights to monitor clinical, quality, and operational performance indicators. Additionally, the platform is designed to operate on standard DICOM images, ensuring seamless integration with existing workflows and supporting both point-of-care and retrospective processing of mammograms. Founded in 2011 and based in Halifax, Canada, Densitas is committed to advancing value-based care through innovative healthcare analytics powered by artificial intelligence.

Spring Loaded Technology

Venture Round in 2019
Spring Loaded Technology is changing the way the world moves. We're a company that thrives at the interface of research and development to build and deliver breakthrough technologies that can change and improve lives. Our flagship product, LevitationTM is the world’s first compact and powerful bionic knee brace capable of enhancing the power output of the leg muscles. For athletes, our braces offer reduced fatigue, heightened endurance, and increased performance. For individuals with a knee injury or mobility impairment, our braces function to restore mobility, reduce joint compression, and reduce pain. Whether it’s new heights of athletic performance or a return to the lifestyle you are accustomed to, Spring Loaded Technology is building a brace for you.

clean.io

Seed Round in 2019
Clean.io is digital engagement security platform that helps businesses retain revenue and build stronger customer relationships by controlling the third party code that executes on their websites. The company's products include cleanAD, which protects digital publishers from malvertising by detecting and stopping malicious third-party code in real-time, and cleanCART, which protects ecommerce merchants by blocking the auto-injection of discount and coupon codes from untrusted browser extensions.

LocketGo

Seed Round in 2019
LocketGo Inc. is a Montreal-based technology startup that specializes in providing a rental service for lockers at events such as concerts, conventions, and festivals. Founded in 2016, the company offers a comprehensive locker rental solution equipped with radio-frequency identification (RFID) technology, digital PIN codes, and USB charging ports for mobile devices. In addition to event services, LocketGo has developed a smart locker network designed to facilitate parcel and food deliveries in densely populated urban areas. This innovative system allows for secure, contactless deliveries to smart lockers that are accessible to residents and merchants around the clock, enhancing convenience and efficiency in urban logistics.

DropGenie

Seed Round in 2019
DropGenie is a biotechnology company founded in 2018 and based in Montreal, Canada. The company focuses on developing connected hardware that automates gene editing processes, thereby enhancing the efficiency of genetic engineering. Its platform streamlines liquid handling and experimental conditions, which helps scientists reduce costs while improving the standardization and reproducibility of their work. By generating standardized and compatible scientific information, DropGenie aims to accelerate the pace of discovery in the field of genetics, making advancements in gene editing more accessible to researchers.

Avidbots

Series B in 2019
Avidbots Corp. develops and manufactures autonomous floor cleaning robots, primarily focusing on its flagship product, NEO, which is recognized as one of the most advanced autonomous scrubbing robots available. Founded in 2014 and based in Ottawa, Canada, Avidbots uses laser mapping technology to create detailed area maps and plan efficient cleaning paths. Its robots are designed to automate the labor-intensive aspects of commercial cleaning, allowing human cleaning crews to concentrate on higher-value tasks. Avidbots' products are utilized in various settings, including airports, retail malls, hospitals, colleges, and industrial sites across multiple countries. The company's vision is to integrate robots into everyday life to enhance human capabilities and improve operational efficiency in cleaning processes.

Breathe Life

Seed Round in 2019
Breathe Life Inc. designs and develops a software platform for insurance companies and assists them in conducting business online. The company's platform uses tools and analytics for the digital distribution of life insurance policies and eliminates the requirement of brokers. It also features a single-session quote creation and application process which enables consumers to purchase products on their own. It caters to life and health insurers, distribution organizations, and advisors. The company was incorporated in 2017 and is based in Montreal, Canada.

Tenstorrent

Series B in 2019
Tenstorrent Inc. is a technology company that develops and manufactures application-specific integrated circuits (ASIC) designed for machine learning and hardware applications. Founded in 2016 and headquartered in Toronto, Canada, with an additional office in Austin, Texas, Tenstorrent's architecture is engineered for use in a range of devices, from battery-powered Internet of Things (IoT) devices to large cloud servers. The company aims to enhance performance and efficiency for artificial intelligence workloads by co-designing hardware, software, and AI algorithms. Its processors are characterized by scalability, programmability, and improved flexibility compared to traditional accelerators like CPUs and GPUs. Tenstorrent's team comprises experts in computer architecture, hardware design, systems engineering, and machine learning, positioning the company to support advancements in technology across various industries.

Alphablock

Seed Round in 2019
Alphablock, a general artificial intelligence company, develops investment management solutions for pension funds, family offices, and hedge funds. It develops a market mechanism for alpha generation, validation, and distribution. Its mechanism acts as a predictive ecosystem, which blurs the distinction between financial and non-financial data to remove barriers between financial and services markets. The company was founded in 2017 and is based in Toronto, Canada.

RenoRun

Seed Round in 2019
RenoRun is building the world's largest single source platform for general contractors to purchase materials. Their mobile-friendly platform is a one-stop-shop when it comes to construction material supply. This app is revolutionizing the construction industry by maximizing productivity, saving contractors wasted run-around hours, and allowing their clients to leave their competition in the dust. Their trained runners will collect and deliver the desired materials to the job site. RenoRun was founded in 2016 and is headquartered in Montreal, Canada, with offices in Toronto and Austin, Texas.

Acorn Biolabs

Seed Round in 2019
They're excited about the future of human technology. Along with virtual reality, self-driving cars and voyages to Mars, medical and genetic engineering technologies will also flourish. In anticipation, they're cryopreserving young human cells as inputs and templates for use with our older bodies to help improve longevity.

Vention

Series A in 2019
Vention Inc. operates a cloud platform to design and order custom machines. The company provides 3D Machine Builder, a cloud based assembly software; MachineMotion that allows automation specialists and first timers to automate their design; and T-slot aluminum extrusion systems for precision and rigidity. Its products and services allow mechanical designers to design, order, and share their custom machines directly from web browsers. The company was founded in 2016 and is headquartered in Montreal, Canada.

Acorn Biolabs

Seed Round in 2019
Cryopreserving people's healthy young cells for use with future medical technologies.

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 software facilitates interactions among contractors, brokers, and operators, enabling them to collaborate effectively as if they belong to the same fleet. By generating data-driven insights, Tread's platform helps improve equipment usage, enhancing operational efficiency within the construction industry.

BIOS

Seed Round in 2018
BIOS is developing a full-stack neural interface platform, that uses AI to decode and encode the signals from to the body, to treat chronic health conditions. BIOS began operation in 2015. It has its headquarters in Cambridge in the United Kingdom and an R&D office in Montreal, Canada.

Looka

Series A in 2018
Looka Inc. operates an AI-powered platform that enables businesses to design their own logos through an algorithm, facilitating the creation of professional-quality logos and brand identities. Founded in 2016 and based in Toronto, Canada, Looka provides users with ready-to-go files suitable for both print and digital applications. The platform employs proprietary machine and deep learning models, allowing entrepreneurs to conveniently and affordably bring their brand to life with visually appealing designs. Originally known as Logojoy Inc., the company rebranded to Looka Inc. in January 2019, reflecting its commitment to enhancing the design experience for users.

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.

Transit

Series B in 2018
Transit is a mobile app intended to help its users navigate their cities. Transit simplifies local travel in 125 cities worldwide. Upon launch, the bright, intuitive interface shows all nearby transportation options and departures. Users can plan trips, set reminders, and get notifications about disruptions. Plus, Transit also integrates other sustainable transport modes -- bike sharing, car sharing and Uber -- so users can determine the best way to get from A to B. With millions of active users in the US and Canada, Transit has emerged as the leading urban transit app in North America. The company is based in Montreal, Quebec.

Plotly

Series B in 2018
Plotly, Inc. is a data science and AI company based in Montreal, Canada, that offers an online platform for data analysis and visualization. The company provides tools that enable scientists, students, engineers, and analysts to analyze, simulate, graph, share, and edit various data formats, including Excel spreadsheets, CSV, and Matlab files. Plotly simplifies the creation, deployment, and sharing of interactive web applications and visualizations across different programming languages, making data science accessible beyond traditional laboratory settings.

Validere

Seed Round in 2018
Validere Technologies Inc. develops portable devices that provide critical information about a liquid for large markets and industries. The company offers Validere Identifier, a portable device that checks liquids against its library and verifies if the liquid is hazardous; and EDGE Connect that enables buyers and sellers to securely connect with counterparties outside of their network and discover arbitrage opportunities. It offers its products for liquid fingerprinting, industrial process monitoring, and consumer product applications. The company was incorporated in 2015 and is based in Toronto, Canada.

Kooltra

Series A in 2018
Kooltra Ltd. is a fintech company that develops an enterprise platform tailored for foreign exchange brokerages of various sizes. Founded in 2012 and headquartered in Toronto, Canada, Kooltra's platform utilizes cloud technology from Force.com and Amazon Web Services to enhance the operational efficiency of its users. By streamlining processes, improving customer engagement, and facilitating partner connections, the platform aims to reduce human error and bolster security. Kooltra serves clients in multiple regions, including Canada, Australia, the UK, and the US, positioning itself as a significant player in the capital markets sector.

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.

Integrate.ai

Series A in 2018
Integrate.ai Inc. develops artificial intelligence software designed for enterprises, focusing on creating AI-enabled solutions that enhance customer interactions. Founded in 2017 and headquartered in Toronto, Canada, the company aims to bridge the gap between AI technologies and business processes. By leveraging machine learning and big data, Integrate.ai seeks to enrich people's lives while fostering the growth of more valuable businesses. The company's AI-powered platform is tailored for business-to-consumer enterprises, ensuring that customer engagements are both natural and meaningful.

Mejuri

Series A in 2018
Mejuri Inc. manufactures and sells fine jewelry. The company offers products in various categories, including rings, necklaces, earrings, bracelets and anklets, and engagement. It offers products through its showrooms, as well as online to customers in the United States, Canada, and internationally. The company was founded in 1953 and is based in Toronto, Canada. It has showrooms in New York, New York; Toronto, Canada; and Chicago, Illinois.

Sonder

Series C in 2018
Sonder is a hospitality company that leases hotel-style apartments and manages vacation and short-term rental properties for travelers. Originally founded as Flatbook Corp., it rebranded to Sonder Canada Inc. in 2016 and expanded its operations to the United States with Sonder USA Inc. The company offers properties designed with modern aesthetics, including features such as living areas, dining spaces, and multiple bedrooms, complemented by a concierge service accessible via phone or text. Each rental is fully equipped with beds, linens, towels, and essential amenities, along with curated art and furniture. Sonder currently manages over $2.3 billion in various projects, including commercially-zoned mixed-use developments, residential spaces, serviced apartments, apart-hotels, and hotels across multiple cities.

Canvass AI

Seed Round in 2018
Canvass AI develops a predictive analytics platform that leverages artificial intelligence to enhance industrial operations across various sectors, including food and agriculture, automotive, energy, and metals and mining. The platform automates the data analysis process, enabling companies to gather insights on production efficiency, maintenance, and energy use with ease. By providing actionable insights and real-time guidance, Canvass AI empowers industrial operators to optimize their processes, improve quality, and reduce energy consumption. The technology is designed to facilitate the adoption of AI in industrial settings without requiring extensive data science expertise, thus supporting companies in lowering operational costs, improving profitability, and extending the lifespan of their assets. Founded in 2016 and based in Toronto, Canada, Canvass AI was previously known as Dat-uh Inc. and rebranded in August 2017.

Paladin AI

Seed Round in 2018
Paladin AI Inc. develops and offers software solutions that use data mining and machine learning to analyze proficiency of pilots and make targeted training recommendations. It provides InstructIQ, a dashboard, which offers adaptive training, flight simulator agnostic, proprietary suite, detect patterns of competency automatically, competency-based training, and client-centric virtual private cloud. The company was founded in 2013 and is based in Montreal, Canada.

LoginRadius

Series A in 2018
LoginRadius Inc. develops and operates a cloud-based customer identity and access management platform for mid-to-large sized companies worldwide. Its platform helps companies deliver a connected customer experience, build an integrated marketing ecosystem, and centralize customer data to define a unified profile and better manage their customer identities. The company’s platform includes customer registration services, social login, profile management, integration with third party marketing applications, user management, and customer insights. LoginRadius Inc. was founded in 2011 and is based in Vancouver, Canada with additional offices in Jaipur and Bengaluru, India; and San Francisco, California.

League

Series B in 2018
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.

Return Magic

Seed Round in 2018
Return Magic is an e-commerce return platform designed to streamline the returns process for online merchants. The platform allows retailers to create branded return portals that facilitate the management of incoming returns. It offers services such as auto-generating shipping labels, processing refunds, and sending automated communications to customers, all while providing analytics through a user-friendly dashboard. Additionally, Return Magic enables merchants to customize their return policies to suit their specific requirements. This efficient system not only enhances the shopping experience for consumers but also helps merchants foster customer loyalty.

Delphia

Seed Round in 2018
Delphia Inc., founded in 1993 and based in Toronto, Canada, specializes in creating artificial intelligence-driven surveys designed to assist individuals in making informed decisions regarding careers, education, finances, and health. The company has developed an innovative investment platform that allows users to convert their personal data into investment capital. By sharing personal insights and opinions, individuals can leverage their data to enhance their investment potential, marking a significant shift in how wealth can be built without requiring initial financial resources. Delphia emphasizes the secure use of shared information, ensuring that it is solely utilized to optimize investment returns for its users.

Omnirobotic

Seed Round in 2018
Omnirobotic Inc develops autonomous industrial robots. Its Omnipainter, vision-guided robotic system, is designed to provide flexibility, scalability, and customization to coating and painting and is based on artificial intelligence (AI) algorithms. The omnirobotic eliminates the dullest, dirtiest, and dangerous tasks in the painting industry. Omnirobotic Inc was founded in 2016 and is based in Laval, Canada.

Motorleaf

Seed Round in 2018
MotorLeaf provides hardware and software for growers. It offers Motorleaf hardware, a plug n' play solution that enables users to decide which part of grow operation user could control/monitor and automate; and Motorleaf Operating System, an accessible online or offline solution on wireless enabled device, such as desktop, laptop, tablet, and smartphone. The company was founded in 2015 and is based in Sutton, Canada.

Unito

Seed Round in 2018
Unito Inc., founded in 2015 and based in Montréal, Canada, specializes in developing a project management integration tool that enhances collaboration across various teams and departments. The platform automatically synchronizes projects, tasks, and conversations between multiple work management applications, such as Trello, Asana, JIRA, GitHub, Wrike, Zendesk, and Hubspot. By allowing users to connect their existing tools without requiring them to learn new systems, Unito promotes seamless communication and improved workflow. The platform addresses the complexities of integrating disparate software applications, enabling businesses to boost productivity by minimizing the need to switch between different tools and providing flexible synchronization options for tasks and projects.

Xanadu

Seed Round in 2018
Xanadu Quantum Technologies Inc. is a Canadian company based in Toronto that specializes in developing photonic quantum computers. Founded in 2016, Xanadu integrates quantum silicon photonic chips into existing hardware to create a comprehensive quantum computing system. The company aims to provide quantum computing resources on demand, enabling significant computational advancements over traditional methods to address complex real-world challenges. Xanadu offers several platforms, including PennyLane, a Python library for quantum machine learning and hybrid quantum-classical computations, and Strawberry Fields, an open-source programming language for quantum applications. By combining academic research with industry expertise, Xanadu is positioned to drive innovation in the field of quantum technology.

BenchSci

Series A in 2018
BenchSci's vision is to bring medicine to patients 50% faster by 2025. The company empowers scientists with the world’s most advanced biomedical artificial intelligence to run more successful experiments. Backed by F-Prime, Gradient Ventures (Google’s AI fund), and Inovia Capital, BenchSci's proprietary technology accelerates science at 15 top 20 pharmaceutical companies and over 4,300 leading research centers worldwide. BenchSci is a CIX Top 10 Growth company, certified Great Place to Work®, and top-ranked company on Glassdoor.