Real Ventures

Real Ventures is a Montreal-based venture capital firm established in 2007, specializing in early-stage investments across various sectors, including internet software, agtech, fintech, and health technology. The firm primarily focuses on seed stage, incubation, and growth capital investments, typically committing between $0.25 million and $1.15 million per investment, while aiming for a minimum 5% equity stake in its portfolio companies. Real Ventures prioritizes investments in Quebec-based companies but also extends its reach to other regions in Canada, particularly the Toronto-Waterloo corridor. In addition to providing financial support, the firm is dedicated to fostering the development of tech ecosystems by connecting entrepreneurs with local and national resources, thereby enhancing the growth potential of the companies it backs.

Jean-Sebastian Cournoyer

Partner

JS Cournoyer

Board Partner

Laura Easton

Associate

Mohamed Elabshihy

Associate

Richard Fefergrad

Director, Finance

Phil G. Joseph

Associate

Madison Wright

Partner Associate

Past deals in CAD

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.

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.

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.

CALA

Seed Round in 2020
CALA, Inc. is a fashion technology company based in New York that provides a digital platform for fashion designers and influencers to design, produce, and launch custom apparel. Founded in 2016, CALA offers a suite of tools including CALA Studio, which utilizes 3D scanning and augmented reality technology to facilitate accurate body measurements through smartphone photos. This enables users to create a wide range of garments, from outerwear to swimwear, with a focus on achieving the right fit for consumers. The platform integrates design, development, production, and logistics into a cohesive system, connecting designers with a global network of production partners. By streamlining the apparel supply chain, CALA empowers creators to produce high-quality, customized fashion that combines the refinement of haute couture with the efficiency of mass-market manufacturing.

Vention

Series B in 2020
Vention Inc. is a digital manufacturing platform based in Montreal, Canada, that specializes in the design and ordering of custom machines. Founded in 2016, the company offers a cloud-based solution called MachineBuilder 3D™, which allows engineers and manufacturing professionals to design, order, and assemble factory equipment quickly and efficiently. The platform features a comprehensive library of modular parts, enabling users to create automated equipment, robot cells, tooling, and conveyors. Additionally, Vention integrates artificial intelligence to facilitate the design process, allowing for the simulation and commissioning of automated systems within a single digital environment. By streamlining the machine design and ordering process, Vention makes industrial automation more accessible to a wider range of users.

Xanadu

Series A in 2019
Xanadu Quantum Technologies Inc., founded in 2016 and based in Toronto, Canada, specializes in developing photonic quantum computers. The company integrates quantum silicon photonic chips into existing hardware to create full-stack quantum computing solutions. Xanadu offers several software tools, including PennyLane, a Python library for quantum machine learning and hybrid quantum-classical computations, and Strawberry Fields, an open-source programming language for quantum computing. The company aims to make quantum computing accessible and beneficial by addressing real-world challenges and enhancing computational capabilities beyond classical methods. By combining expertise from leading scientists and industry professionals, Xanadu is positioning itself as a significant player in the quantum technology landscape.

Vention

Series A in 2019
Vention Inc. is a digital manufacturing platform based in Montreal, Canada, that specializes in the design and ordering of custom machines. Founded in 2016, the company offers a cloud-based solution called MachineBuilder 3D™, which allows engineers and manufacturing professionals to design, order, and assemble factory equipment quickly and efficiently. The platform features a comprehensive library of modular parts, enabling users to create automated equipment, robot cells, tooling, and conveyors. Additionally, Vention integrates artificial intelligence to facilitate the design process, allowing for the simulation and commissioning of automated systems within a single digital environment. By streamlining the machine design and ordering process, Vention makes industrial automation more accessible to a wider range of users.

Tread

Seed Round in 2019
Tread, Inc. is a Toronto-based company founded in 2016 that specializes in developing a platform for managing construction equipment services. The platform facilitates interaction among contractors, brokers, and operators, enhancing collaboration as if they are part of the same fleet. Utilizing data analytics, Tread's software allows construction companies to hire equipment-operating subcontractors efficiently while providing real-time monitoring of equipment usage. This capability enables clients to record, measure, and optimize equipment utilization, ultimately leading to cost savings and improved operational efficiency in construction projects.

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.

Xanadu

Seed Round in 2018
Xanadu Quantum Technologies Inc., founded in 2016 and based in Toronto, Canada, specializes in developing photonic quantum computers. The company integrates quantum silicon photonic chips into existing hardware to create full-stack quantum computing solutions. Xanadu offers several software tools, including PennyLane, a Python library for quantum machine learning and hybrid quantum-classical computations, and Strawberry Fields, an open-source programming language for quantum computing. The company aims to make quantum computing accessible and beneficial by addressing real-world challenges and enhancing computational capabilities beyond classical methods. By combining expertise from leading scientists and industry professionals, Xanadu is positioning itself as a significant player in the quantum technology landscape.

Vention

Seed Round in 2018
Vention Inc. is a digital manufacturing platform based in Montreal, Canada, that specializes in the design and ordering of custom machines. Founded in 2016, the company offers a cloud-based solution called MachineBuilder 3D™, which allows engineers and manufacturing professionals to design, order, and assemble factory equipment quickly and efficiently. The platform features a comprehensive library of modular parts, enabling users to create automated equipment, robot cells, tooling, and conveyors. Additionally, Vention integrates artificial intelligence to facilitate the design process, allowing for the simulation and commissioning of automated systems within a single digital environment. By streamlining the machine design and ordering process, Vention makes industrial automation more accessible to a wider range of users.

Tread

Pre Seed Round in 2018
Tread, Inc. is a Toronto-based company founded in 2016 that specializes in developing a platform for managing construction equipment services. The platform facilitates interaction among contractors, brokers, and operators, enhancing collaboration as if they are part of the same fleet. Utilizing data analytics, Tread's software allows construction companies to hire equipment-operating subcontractors efficiently while providing real-time monitoring of equipment usage. This capability enables clients to record, measure, and optimize equipment utilization, ultimately leading to cost savings and improved operational efficiency in construction projects.

Creative Labs

Venture Round in 2017
Creative Labs Co is a Canadian company based in Vancouver, established in 2017, that specializes in developing consumer-facing technology and media experiences. The company focuses on creating businesses in various innovative sectors, including over-the-top content, virtual and augmented reality, gaming, artificial intelligence, and messaging. Additionally, Creative Labs Co is involved in digital consumer brands across e-commerce, mobile, social media, and publishing. By leveraging a global talent network, the company forges promotional partnerships that enhance brand exposure and drive user acquisition through highly engaged audiences on social platforms. Their mission is to identify emerging trends in popular culture and develop direct-to-consumer products and services that resonate with these trends.

Canvass AI

Seed Round in 2017
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.

Vention

Pre Seed Round in 2017
Vention Inc. is a digital manufacturing platform based in Montreal, Canada, that specializes in the design and ordering of custom machines. Founded in 2016, the company offers a cloud-based solution called MachineBuilder 3D™, which allows engineers and manufacturing professionals to design, order, and assemble factory equipment quickly and efficiently. The platform features a comprehensive library of modular parts, enabling users to create automated equipment, robot cells, tooling, and conveyors. Additionally, Vention integrates artificial intelligence to facilitate the design process, allowing for the simulation and commissioning of automated systems within a single digital environment. By streamlining the machine design and ordering process, Vention makes industrial automation more accessible to a wider range of users.

Imagia

Convertible Note in 2015
Imagia Cybernetics Inc. is a Montreal-based company that specializes in medical image analysis solutions aimed at cancer detection and management. The company focuses on early detection and quantification of cancer changes, which is crucial for improving patient outcomes. Imagia's Artificial Clinical Intelligence Platform delivers timely insights into primary tumors and metastasis, thereby personalizing the cancer care continuum for patients. Utilizing a unique approach called Deep Radiomics, which combines radiomics and deep learning, the platform analyzes routine clinical imaging data to identify robust biomarkers that can predict patient outcomes. By leveraging advancements in artificial intelligence and federated learning, Imagia enhances the capabilities of clinicians, enabling them to conduct predictive, diagnostic, and prescriptive analytics while maintaining data privacy.

Bitaccess

Seed Round in 2014
Bitaccess Inc. is a technology company based in Ottawa, Canada, founded in November 2013. The company specializes in manufacturing Bitcoin Automatic Teller Machines (BTMs) and providing software solutions for financial technology (Fintech) businesses across more than 15 countries. Bitaccess enables its clients, which range from start-ups to large corporations, to access public blockchain technology through its secure and user-friendly platform. The company’s offerings include infrastructure, compliance, and support services, utilizing smart contracts and hardware security to facilitate efficient financial transactions and customer onboarding. Bitaccess is committed to making digital currency accessible to individuals and businesses alike.

Datacratic

Seed Round in 2012
Datacratic, an iPerceptions company, is a leader in providing audience data that helps enterprise brands create more effective and targeted digital marketing campaigns. Datacratic’s Audience Recognition Solution uses visitor feedback to build smarter audience segments that improve the effectiveness of retargeting campaigns. Datacratic’s Audience Optimizer scores 3rd party audiences using 1st party data signals to create high-quality look-alike audiences that increase the reach and performance of digital marketing campaigns. The world’s leading Data Management Platforms integrate with Datacratic including Oracle Data Cloud.

Caristix

Seed Round in 2011
Caristix Inc. develops and deploys software for hospitals. It offers Caristix Conformance Software to scope, manage, and support HL7 data exchange; and Caristix Pinpoint Software for filtering messages. The company also provides Caristix Test Software that enables interface analysts to perform simulation testing on interfaces, as well as for validating HL7 interfaces. In addition, it offers Caristix HL7 software suite that enables interface analysts and engineers to automate interface specification development, testing, and maintenance. The company serves technology companies and hospital IT teams. Caristix Inc. was founded in 2009 and is based in Quebec, Canada.

Fabric Engine

Seed Round in 2010
Fabric Engine Inc, founded in 2010 in Montreal, Canada, specializes in developing software platforms for 3D animation, visual effects (VFX), game development, and high-performance computing. The company was established by a team with extensive experience in the industry, particularly from their prior work at Softimage and Autodesk. Fabric Engine aims to create tools that reflect modern production environments by fully leveraging contemporary software and hardware capabilities, including multi-core CPUs and GPUs. Their platform provides high-performance, customizable tools designed to simplify the development process for visual effects, games, real-time visualization, and virtual and augmented reality projects. This approach allows clients to efficiently manage and manipulate large datasets and tackle the complexities inherent in modern production workflows.
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