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

Kris Lachance

Partner Associate

Nicole Lai

Partner Associate

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

Past deals in Quebec

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.

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

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.

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.

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.

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.

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.

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.

Botpress

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

Guiker

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Algolux

Series A in 2018
Algolux, based in Canada, is an artificial intelligence software company focused on enhancing vision systems through advanced perception technology. Founded by a team of recognized researchers led by Dr. Felix Heide, Algolux develops machine learning solutions that improve safety and performance while lowering costs and time-to-market. One of its key products, Eos, is an embedded perception solution that offers up to three times the accuracy of current computer vision technologies, particularly in challenging environments. Eos is designed to work with various sensor and lens configurations, streamlining the process of training data capture and annotation. Additionally, Algolux provides Atlas, a tool that automates camera tuning, ensuring optimal image quality for various computer vision applications. This product aims to minimize program risks through a scalable, metrics-based methodology applicable to diverse camera setups.

Stay22

Seed Round in 2018
Stay22 is a travel technology company that focuses on enhancing the accommodation experience for event attendees. It addresses the significant market for event-related lodging, which accounts for a substantial portion of the $295 billion annual spending on hotels and short-term rentals. By partnering with event organizers, Stay22 transforms the traditionally overlooked aspect of attendee accommodations into a potential revenue stream. The company utilizes advanced digital solutions, including artificial intelligence and machine learning, to streamline the booking process, allowing travelers to easily find accommodations that suit their needs and budgets. This innovative approach not only simplifies the travel experience but also empowers event organizers to monetize the travel intent of their audiences, ultimately improving the overall event experience for attendees.

XpertSea

Series A in 2018
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.

Keatext

Seed Round in 2018
Keatext Inc. is a Montreal-based company founded in 2010 that offers a cloud-based solution designed to enhance business performance by analyzing customer feedback. Its primary product, Keatext, synthesizes unstructured data from various sources, including surveys, online reviews, chat logs, and social media, to provide actionable insights. This enables businesses to understand customer preferences and respond promptly to their needs. By delivering these insights on a comprehensive custom dashboard, Keatext helps organizations cultivate meaningful relationships with their customers and improve overall customer experience management.

Unsplash

Series A in 2018
Unsplash, Inc. is a photography community portal founded in 2013 and based in Montreal, Canada. The platform offers high-resolution photography that is freely accessible for various uses, supported by a community of users who share their images under the Unsplash License. Unsplash aims to create an open creative ecosystem, allowing individuals and organizations to utilize quality images without the constraints of traditional licensing. By fostering a collaborative environment, Unsplash encourages creativity and provides a valuable resource for designers, marketers, and content creators around the world.

Busbud

Series B in 2018
Busbud, Inc. is an online platform that specializes in bus travel booking services. Founded in 2011 and based in Montreal, Canada, the company allows travelers to search, compare, and book inter-city bus tickets across various destinations in Canada and internationally. The platform aggregates information from numerous bus operators, providing users with access to schedules, pricing, service classes, amenities, and reviews. With coverage spanning over 10,463 cities in 89 countries, Busbud supports multiple languages and currencies, making it a comprehensive resource for planning bus trips. Through its website and mobile application, the company aims to simplify the bus travel experience for users worldwide.

Wisk

Seed Round in 2018
Wisk Solutions Inc. is a Toronto-based company that specializes in developing and selling software designed to manage alcoholic operations. Founded in 2014, Wisk's software facilitates inventory management, consumption analysis, product pricing, and the optimization of purchase orders. Its clients include a variety of establishments such as hotels, clubs, restaurants, and bars. The software aims to enhance operational efficiency by reducing the time required for inventory counting and data compilation, thereby providing users with a more accurate and precise inventory solution.

Soko

Seed Round in 2018
Developer of a marketing platform designed to offer a new source of revenue for publishers. The company's platform allows publishers to recapture some of the dollars being spent on social media websites by helping advertisers add custom audiences to their remarketing lists, enabling publishers to maximize the performance of their campaigns by targeting the right people.

Vention

Seed Round in 2018
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.

dcbel

Venture Round in 2018
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.

Keatext

Seed Round in 2018
Keatext Inc. is a Montreal-based company founded in 2010 that offers a cloud-based solution designed to enhance business performance by analyzing customer feedback. Its primary product, Keatext, synthesizes unstructured data from various sources, including surveys, online reviews, chat logs, and social media, to provide actionable insights. This enables businesses to understand customer preferences and respond promptly to their needs. By delivering these insights on a comprehensive custom dashboard, Keatext helps organizations cultivate meaningful relationships with their customers and improve overall customer experience management.

Peerio

Seed Round in 2017
Technologies Peerio Inc. develops an employee communication software which provides messaging and file sharing services. The company was founded in 2014 and is based in Montreal, Canada. As of January 13, 2019, Technologies Peerio Inc. operates as a subsidiary of WorkJam, Inc.

SPARK Microsystems

Seed Round in 2017
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.

Netlift

Seed Round in 2017
Netlift Inc. is a transportation service provider based in Montreal, Canada, founded in 2012. The company operates a mobile application that facilitates ride-sharing by matching passengers with drivers who have available seats in their vehicles. This service is designed to assist daily commuters by offering an efficient and cost-effective solution for traveling between home and work, while also integrating with the city's public transit network. Netlift's platform enhances mixed-mode commuting by proposing optimal route options that meet users' travel requirements, making it easier for individuals to connect and share rides.

Transit

Series A in 2017
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.

Element AI

Series A in 2017
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.

Automat

Series A in 2017
Automat.ai is a Canadian company that specializes in developing a platform for brands and influencers to engage with their customers, fans, and employees through mobile messaging and artificial intelligence. Based in Montreal, Automat employs chatbot technology to create personalized messaging experiences that significantly enhance customer interactions compared to traditional digital marketing methods. The company's focus on security, data privacy, scalability, and robust functionality sets it apart from other vendors, allowing businesses to better understand and serve their customers. By leveraging AI, Automat aims to facilitate meaningful one-on-one conversations, enabling companies to deliver tailored communication that meets the unique needs of each individual.

Lexop

Pre Seed Round in 2017
Lexop Solutions Inc. develops a software that automates account collection and legal communication. It offers an email technology that enables account collection teams to monitor and optimize customer outreach, payment experience, and collection rates. The company enables property managers and landowners to send notices to their tenants; manage communication with tenants; and schedule admin tasks. Lexop Solutions Inc. allows law firms to serve and share legal documents electronically. It also enable users to request, collect, and sort documents online. In addition, it offers e-signature solution to law firms. Lexop Solutions Inc. was incorporated in 2012 and is based in Montreal, Canada.

Bus.com

Series A in 2017
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.

Vention

Pre Seed Round in 2017
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 A in 2017
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.

OOHLALA Mobile

Series A in 2016
Ready Education's mission is to help higher ed institutions improve the student experience. Their product extends to all aspects of student life, and strives to reduce the complexity of campus life into a simplified user experience that facilitates student success. As an education technology company, their mission is to provide both a valuable product to students and insightful data for administrators to improve efficacy. Their vision is shared by 350+ institutions they partner with across the world, each of whom has worked alongside us and helped us craft the best experience possible for students.

OOHLALA Mobile

Series A in 2016
Ready Education's mission is to help higher ed institutions improve the student experience. Their product extends to all aspects of student life, and strives to reduce the complexity of campus life into a simplified user experience that facilitates student success. As an education technology company, their mission is to provide both a valuable product to students and insightful data for administrators to improve efficacy. Their vision is shared by 350+ institutions they partner with across the world, each of whom has worked alongside us and helped us craft the best experience possible for students.

Delve Labs

Seed Round in 2016
Delve Laboratories, Inc. is a cybersecurity company based in Montreal, Canada, founded in 2014. It specializes in developing vulnerability assessment and management solutions aimed at enhancing the efficiency of cybersecurity and IT teams. The company offers a unified platform that automates key processes such as asset discovery, vulnerability scanning, identification, prioritization, and remediation. By leveraging artificial intelligence, Delve's solutions prioritize vulnerabilities in a contextual manner, allowing organizations to focus their remediation efforts effectively. This approach reduces the manual workload typically associated with vulnerability management, streamlining operations and minimizing risk. Delve Laboratories operates as a subsidiary of SecureWorks Corp.

Transit

Seed Round in 2016
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.

OMsignal

Series B in 2016
OMsignal Inc. is a Montreal-based company that specializes in manufacturing bio-sensing clothing equipped with embedded sensors to monitor vital bodily functions. Their product line includes the OMbra, a sports bra designed to capture deep and accurate body signals, and the OMshirt, which records heart rate and breathing patterns. The accompanying OMrun mobile application connects to these garments, providing real-time data on heart rate, breathing rhythms, calorie count, cadence, pace, and distance, along with run recaps and progress tracking. Founded in 2011, OMsignal aims to seamlessly integrate health monitoring into everyday life by allowing users to access their physiological data through mobile devices. Products are available for purchase online.

PAPER

Seed Round in 2016
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.

Smooch Technologies

Seed Round in 2016
Smooch Technologies Inc. develops a cloud messaging platform for SMB and enterprise clients. The company offers a unified multi-channel messaging solution that allows startups and companies around the world to engage with customers from messaging apps, SMS, Websites, and mobile apps. Its features include cross-channel messaging, live Web messaging, in-app messaging, social messaging, programmable SMS, rich messaging, messaging developer API, chatbot connectors, and integrations. The company was founded in 2015 and is based in Montreal, Canada. As of May 14, 2019, Smooch Technologies Inc. operates as a subsidiary of Zendesk, Inc.

Automat

Seed Round in 2016
Automat.ai is a Canadian company that specializes in developing a platform for brands and influencers to engage with their customers, fans, and employees through mobile messaging and artificial intelligence. Based in Montreal, Automat employs chatbot technology to create personalized messaging experiences that significantly enhance customer interactions compared to traditional digital marketing methods. The company's focus on security, data privacy, scalability, and robust functionality sets it apart from other vendors, allowing businesses to better understand and serve their customers. By leveraging AI, Automat aims to facilitate meaningful one-on-one conversations, enabling companies to deliver tailored communication that meets the unique needs of each individual.

Motorleaf

Pre Seed Round in 2016
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.

AmpMe

Series A in 2016
Surround yourself with sound. AmpMe creates a giant, multi-speaker setup using just the phone in your pocket. Play your music in perfect sync across multiple devices to create one powerful sound system. Bring the party anywhere. Be the speakers. - Put AmpMe on your phone and on as many of your friends' devices as you want, then sync and you're ready to party - Host your own party or join a friend's - The host can search for their favorite songs, artists, albums, or playlists - Once the host hits "Play", friends join by entering the party code - Syncing starts automatically and, in seconds, your friends become speakers - Compatible with smartphones & tablets (Android and iOS) and bluetooth speakers (with a microphone, e.g. Jambox, etc.) Compatible with music from SoundCloud, more services coming soon!

IMMUNIO

Series A in 2016
IMMUNIO secures your web applications against all attackers. It is the easiest, most effective method to ensure that you are alerted when important security events are triggered, and that threats are dealt proactively.

Unito

Seed Round in 2016
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.

Bus.com

Seed Round in 2016
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.

Algolux

Convertible Note in 2016
Algolux, based in Canada, is an artificial intelligence software company focused on enhancing vision systems through advanced perception technology. Founded by a team of recognized researchers led by Dr. Felix Heide, Algolux develops machine learning solutions that improve safety and performance while lowering costs and time-to-market. One of its key products, Eos, is an embedded perception solution that offers up to three times the accuracy of current computer vision technologies, particularly in challenging environments. Eos is designed to work with various sensor and lens configurations, streamlining the process of training data capture and annotation. Additionally, Algolux provides Atlas, a tool that automates camera tuning, ensuring optimal image quality for various computer vision applications. This product aims to minimize program risks through a scalable, metrics-based methodology applicable to diverse camera setups.

Transit

Seed Round in 2015
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.

SweetIQ

Series A in 2015
SweetIQ Analytics Corp., acquired by uberall Inc. in September 2020, specializes in local search marketing solutions aimed at helping brands convert online searches into in-store visits. Based in Montreal with additional offices in San Francisco and Irvine, SweetIQ offers a comprehensive technology platform that provides local marketing analytics, intelligence, and automation for retail chains and marketing agencies. Its services include managing local directory listings, store locator pages, and consumer reviews, all designed to enhance online presence and engage potential customers through social channels. By delivering detailed analytics and marketing automation, SweetIQ enables clients to optimize their local marketing campaigns, drive brand engagement, and ultimately increase sales through improved foot traffic.

Imagia

Convertible Note in 2015
Imagia’s mission is to detect and quantify cancer changes early. When it matters. Despite systematic imaging and new genetic testing, tumor changes are often detected too late to improve cancer patient outcomes. Our Artificial Clinical Intelligence Platform enables us to provide critical information and timely imaging insights for primary tumors and metastasis for each cancer patient thus personalizing their cancer care continuum. Deep Radiomics™ — uniting radiomics and deep learning — utilizes existing routine clinical imaging data to discover robust imaging biomarkers that predict cancer patient outcomes.

OMsignal

Debt Financing in 2015
OMsignal Inc. is a Montreal-based company that specializes in manufacturing bio-sensing clothing equipped with embedded sensors to monitor vital bodily functions. Their product line includes the OMbra, a sports bra designed to capture deep and accurate body signals, and the OMshirt, which records heart rate and breathing patterns. The accompanying OMrun mobile application connects to these garments, providing real-time data on heart rate, breathing rhythms, calorie count, cadence, pace, and distance, along with run recaps and progress tracking. Founded in 2011, OMsignal aims to seamlessly integrate health monitoring into everyday life by allowing users to access their physiological data through mobile devices. Products are available for purchase online.

Frank & Oak

Series C in 2015
Frank & Oak is a vertically integrated online menswear brand with premium threads and a simple, integrated, and personalized shopping experience. Every month, Frank & Oak offers members a limited feed of premium clothing and accessories. Our curators act as a lifestyle partner, offering style advice, personalized product suggestions, and an easy-to-use shopping platform. Since launching in February 2012, the brand has seen tremendous growth, momentum, and media coverage for both its garments and its unique membership experience.

Crew

Series A in 2015
Crew is a curated platform that connects designers and developers with vetted clients that need a website, mobile app, or other design work. The company's highly trusted network of independent creatives has worked on products used by tens of millions of people for some of the industry's biggest companies, including Apple, Google, Uber, IDEO, and Dropbox. It was founded in 2012 and headquartered in Montréal, Quebec.

LANDR

Series A in 2015
LANDR Audio Inc. provides a cloud based intelligent audio mixing and mastering technology for musicians. It offers MixGenius, an intelligent music production system that listens and responds using complex algorithms to engineer music. The company’s MixGenius includes psychoacoustic and spectral analysis system that actively listens to music and detects detailed features in the audio signals. LANDR Audio Inc. was formerly known as MixGenius, Inc. LANDR Audio Inc. was founded in 2012 and is based in Montreal, Canada.

Plotly

Series A in 2015
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.

XpertSea

Seed Round in 2015
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.

IMMUNIO

Seed Round in 2015
IMMUNIO secures your web applications against all attackers. It is the easiest, most effective method to ensure that you are alerted when important security events are triggered, and that threats are dealt proactively.

Foko Inc.

Seed Round in 2014
Foko Inc. develops a private photo sharing and messaging application for employees in small and large companies. It allows co-workers to collaborate privately around images to build a corporate social community that transcends language, geographic, and technical barriers. The company serves customers in retailers, packaged goods, fashion, industrial manufacturing, financial services, and educational sectors. Foko Inc. was founded in 2013 and is based in Gatineau, Canada.

Execution Labs

Series A in 2014
Execution Labs Inc. invests in small-to-medium sized game studios in the Americas and Europe. The company focuses on independent studios developing downloadable titles for mobiles, PCs, and consoles. Execution Labs Inc. was founded in 2012 and is based in Montreal, Canada. It has an additional office in San Francisco, California.

Sequel

Seed Round in 2014
CrowdMedia is now Sequel. They capture and curate newsworthy photos in real-time for publishers. Their technology analyzes more than 150M social photos and filters them to deliver the 0.03% that are relevant to news publishers. They instantly clear copyright and take care of payment, saving hours daily for news editors.

Frank & Oak

Series B in 2014
Frank & Oak is a vertically integrated online menswear brand with premium threads and a simple, integrated, and personalized shopping experience. Every month, Frank & Oak offers members a limited feed of premium clothing and accessories. Our curators act as a lifestyle partner, offering style advice, personalized product suggestions, and an easy-to-use shopping platform. Since launching in February 2012, the brand has seen tremendous growth, momentum, and media coverage for both its garments and its unique membership experience.

Algolux

Seed Round in 2014
Algolux, based in Canada, is an artificial intelligence software company focused on enhancing vision systems through advanced perception technology. Founded by a team of recognized researchers led by Dr. Felix Heide, Algolux develops machine learning solutions that improve safety and performance while lowering costs and time-to-market. One of its key products, Eos, is an embedded perception solution that offers up to three times the accuracy of current computer vision technologies, particularly in challenging environments. Eos is designed to work with various sensor and lens configurations, streamlining the process of training data capture and annotation. Additionally, Algolux provides Atlas, a tool that automates camera tuning, ensuring optimal image quality for various computer vision applications. This product aims to minimize program risks through a scalable, metrics-based methodology applicable to diverse camera setups.

Provender

Seed Round in 2014
Provender is an online platform that enables farmers to create direct-trade associations with buyers. The platform allows farmers to quantify and organize their yields, and make that data accessible to buyers everywhere. Provender was founded in April 2013 and is based in Montréal, Quebec.