Version One VC

Version One Ventures is an early-stage venture capital firm based in Vancouver, Canada, focused on supporting mission-driven founders across various sectors. The firm manages multiple funds, including the Version One Opportunity Fund and several iterations of its main fund, targeting investments in areas such as artificial intelligence, machine learning, healthcare, e-commerce, SaaS, climate technology, and cryptocurrency. Investments typically range from CAD 500,000 to CAD 1 million, with a preference for backing 5 to 25 startups per fund. Version One Ventures emphasizes impact investing, particularly in energy, health, and climate-related categories, while also maintaining a global investment approach. The firm operates primarily in regions including the Bay Area, British Columbia, Ontario, and Washington.

Angela Tran Ph.D

General Partner

Boris Wertz Ph.D

Founder & General Partner

Past deals in Vancouver

Dapper Labs

Series D in 2021
Dapper Labs Inc. develops blockchain-based cryptokitties video games. The company offers consumer blockchain collectible cats games for entertainment brands. Dapper Labs Inc. was incorporated in 2018 and is based in Vancouver, Canada.

Defined

Seed Round in 2021
Defined is a data platform for the open web that empowers users to query on-chain data and interact across multiple blockchains and Defi protocols.

Defined

Seed Round in 2021
Defined is a data platform for the open web that empowers users to query on-chain data and interact across multiple blockchains and Defi protocols.

Dapper Labs

Venture Round in 2021
Dapper Labs Inc. develops blockchain-based cryptokitties video games. The company offers consumer blockchain collectible cats games for entertainment brands. Dapper Labs Inc. was incorporated in 2018 and is based in Vancouver, Canada.

Kobalt

Seed Round in 2019
They are bringing the monitoring capabilities of enterprise-class security teams to smaller organizations. They build on world-class frameworks and toolsets, combining the power of the cloud and data at scale to address the complexity of cyber security.

INDOCHINO

Seed Round in 2014
Indochino Apparel Inc. retails custom online menswear. It offers personalized suits, vests, shirts, pants, chinos, and accessories, such as ties, pocket squares, tie clips, cufflinks, and collar pins and stays. The company also provides wedding suits and gift cards. It operates showrooms in Toronto and Vancouver, Canada; New York, New York; New Orleans, Louisiana; San Francisco and Beverly Hills, California; Philadelphia, Pennsylvania; Boston, Massachusetts; Charlotte, North Carolina; and Houston, Austin, and Dallas, Texas. Indochino Apparel Inc. was founded in 2007 and is based in Vancouver, Canada with additional locations in the Dallan and Shanghai, China.

Clio

Series C in 2014
Themis Solutions Inc. develops legal practice management and client intake software solutions for law firms. The company’s platforms are used for billing, case management, contact management, document management, calendaring, online payments, and time and expense tracking. The company was founded in 2007 and is based in Burnaby, Canada with additional offices in Toronto, Calgary, Canada; Santa Monica, California; and Dublin, Ireland.

Unbounce

Seed Round in 2011
Unbounce Marketing Solutions Inc., founded in 2009 and based in Vancouver, Canada, specializes in providing self-serve hosted services that empower marketers to create, publish, and test landing pages. The company offers a user-friendly drag-and-drop builder that allows small and mid-size businesses to design landing pages without requiring coding skills. This platform is aimed at enhancing website and campaign conversions, enabling users to effectively convert visitors into leads, sales, and customers. Through its tools and technology, Unbounce supports marketers in optimizing their conversion rates and accelerating business growth, ultimately boosting their confidence in online marketing efforts.

Unbounce

Venture Round in 2011
Unbounce Marketing Solutions Inc., founded in 2009 and based in Vancouver, Canada, specializes in providing self-serve hosted services that empower marketers to create, publish, and test landing pages. The company offers a user-friendly drag-and-drop builder that allows small and mid-size businesses to design landing pages without requiring coding skills. This platform is aimed at enhancing website and campaign conversions, enabling users to effectively convert visitors into leads, sales, and customers. Through its tools and technology, Unbounce supports marketers in optimizing their conversion rates and accelerating business growth, ultimately boosting their confidence in online marketing efforts.
Sunnytrail is a social intelligence platform that provides tools to identify and interact with customers online. It provides businesses with information about customers in an easy-to-use dashboard and tools to communicate with them. Sunnytrail utilizes publicly available information of their customers on various social networks, by which it determines how influential various users are, and provides guidance with which customers a company should proactively engage. It also monitors new customers as they make purchases, which helps e-commerce companies identify when they receive new high-profile users. With seed-funding from Boris Wertz’s fund, Version One Ventures, Mike Edwards of Initio Group, and BDC Venture Capital, Sunnytrail has become the one-stop solution to help businesses connect with their customers, provide support, and create positive word-of-mouth.

SilkStart

Seed Round in 2011
SilkStart Technology Inc. specializes in providing association management software through a Software-as-a-Service model that integrates social networking and membership management. Founded in 2010 and based in Vancouver, Canada, SilkStart offers a comprehensive platform designed to streamline the operations of membership organizations. The software simplifies tasks such as member management, event organization, and communication, allowing associations to manage their activities within a single, user-friendly system. This approach reduces the need for multiple, disconnected applications, which can lead to inefficiencies and increased administrative burden. SilkStart serves a diverse range of clients, including trade, professional, and charitable organizations, enabling them to enhance member engagement, improve event management, and optimize operational efficiency while remaining cost-effective.

Summify

Seed Round in 2010
Summify offers a service that provides daily summaries of users’ social news feed via email, web or mobile. This service is accessible to individuals via Twitter, Facebook, and Google Reader accounts. Summify is headquartered in Vancouver, Canada.

TeamPages

Series B in 2009
TeamPages Inc. develops software tools for managing athletic lives and schedules online. Its software tools provide website creation, schedules and reminders, text and email messaging, online registration, iPhone and android mobile apps, and support. The company serves coaches, parents, athletes, teams, clubs, and leagues. TeamPages Inc. was incorporated in 2006 and is based in Vancouver, Canada. As of April 11, 2017, TeamPages Inc. operates as a subsidiary of Active Network, LLC.