Toronto VCs

This map is a guide for Toronto startup founders to all the active VCs across Toronto. If you're a VC looking to be on the list, or would like to adjust your profile (logo, description, location, etc.) kindly msg Michael on LinkedIn.

Toronto VCs

A list of all active VCs in Toronto

BDC Capital

BDC, the bank for Canadian entrepreneurs. Our mission is to help create and develop strong Canadian businesses through financing, consulting services and securitization, with a focus on small and medium-sized enterprises. Through our subsidiary—BDC Capital, we also offer a full spectrum of specialized financing, including venture capital, equity as well as growth and business transition capital.

Georgian

Georgian invests in high-growth B2B software companies and builds software to help those companies scale faster. We seek to identify and accelerate leading growth-stage software companies in our thesis areas of Applied AI, Conversational AI, Trust and Product-Led Purpose. Based in Toronto, Georgian’s team brings together investors with machine learning professionals, software entrepreneurs and experienced operators. Founded in 2008, Georgian has US$5.6B AUM, as of December 31, 2023.

Inovia Capital

Inovia Capital is a venture capital firm that partners with founders to build impactful and enduring global companies. The team leverages an operator-led mindset to provide founders with multi-stage support, mentorship, and access to a worldwide network. Inovia manages over US$2.5B with operations in Montreal, Toronto, Waterloo, Calgary, and London.

Golden Ventures

Golden Ventures is a leading seed-stage venture capital fund, based in Toronto and investing across North America. We’re here to support founders who are building the future. It is our job to take big risks on the world’s most talented, driven and resilient founding teams who want to change the world.

Panache Ventures

Panache Ventures is Canada's most active seed stage venture capital fund. Panache is led by a team of experienced operators, with a strong angel investor track record, years of institutional VC experience and a strong network in Canada, in Silicon Valley and worldwide. The fund has a founders-first philosophy, a commitment to diversity and strategically coinvests with smart angel investors and seed stage funds. If you are going to invest in the best early stage tech startups, better invest with Panache!

Radical Ventures

Radical Ventures is a venture capital firm investing in entrepreneurs applying deep technology to transform massive industries. With a primary focus on machine learning and artificial intelligence, Radical Ventures seeks to partner with exceptional entrepreneurs with global ambition to build enduring companies.

Brightspark Ventures

Brightspark Ventures is a venture capital firm that focuses on early-stage investments in technology companies, with offices in Toronto and Montreal. Leveraging our network, our reputation, and lessons learned over 25 years in the industry, we invest in some of Canada's top emerging tech companies.

OMERS Ventures

Launched in 2011, OMERS Ventures is an early-stage tech investor focused on fintech, horizontal software, vertical software, and enterprise infrastructure. We have offices in Toronto, New York and Palo Alto.

MaRS Investment Accelerator Fund

MaRS Investment Accelerator Fund (IAF) is a leading seed stage fund investing in high-potential IT, health and cleantech companies in Ontario. IAF has over a 10-year history of successfully providing innovative firms with the capital, mentorship, and networks needed to validate ideas and bring products to market. Its mission is to keep Ontario’s talent and technology local while helping its companies go global.

DMZ Ventures

DMZ Ventures is a fund dedicated to driving the next wave of innovation by investing in high-potential startups. Our team excels in delivering growth capital to accelerate development, coupled with strategic portfolio management designed to support sustainable scaling. Through a blend of capital investment and hands-on mentorship, we equip our portfolio companies with the resources, industry expertise, and expansive network necessary to thrive and achieve lasting success.

Relay Ventures

Relay Ventures is an early stage venture capital firm that invests in passionate entrepreneurs disrupting and creating new markets through mobile technologies. Unlike other funds, Relay exclusively focuses on software for mobile devices and the connected Internet, creating an unparalleled set of networks and resources that tangibly help founders build world-class companies. With offices in Toronto and Calgary, the firm is active throughout North America.

Real Ventures

Real Ventures is an early-stage venture firm focused on serving daring entrepreneurs with the ambition to create successful, global companies. Since 2007, Real Ventures has dedicated itself to building the Canadian startup ecosystem on the belief that people, not money, build game-changing companies. Real Ventures provides stage-specific guidance, mentorship, and access to networks and resources to fast-track founders’ personal and company growth. Real Ventures manages $325 million across five funds and its active portfolio of 100+ companies is currently valued at $10 billion.

Ripple Ventures

Ripple Ventures is an early-stage venture fund seeking investments in B2B SaaS Startups located in Canada & the U.S. We are always seeking new investments in various industries ripe for disruption with a focus on workflow automation and data & analytics platforms. As serial entrepreneurs, we are actively involved with all our investments and aren't scared to roll up our sleeves and get dirty. We provide ongoing advice and support to all our portfolio companies, in addition to helping them leverage our broad business networks.

Staircase Ventures

Staircase Ventures leads seed-stage rounds into Canada’s highest potential tech companies with unparalleled dedication to accelerating founders’ development and performance.

Two Small Fish Ventures

Most VCs lack real-world startup experience, but not Two Small Fish. We’re massively successful serial entrepreneurs with multiple exits under our belt. Two Small Fish has a proven track record of spotting groundbreaking tech giants before they disrupt the industry. After we invest, we’re along for the ride and put our extensive technical, entrepreneurial, and operating experience to help startups achieve meteoric growth.

N49P Ventures

N49P focuses on early stage Canadian venture scale technology start-ups. We are industry and business model agnostic with a preference for software companies. If you are building something based on your team's earned insight we want to know about it. Reach out to us to share your vision and educate us on your market.

Information Venture Partners

Information Venture Partners is a Toronto based venture capital firm focused on early-stage, B2B SaaS applications for the financial services industry. We work with ambitious founders with domain expertise and a passion for the problem. Like you, we are common-sense B2B problem solvers and are ready to help you bring your vision to life.

Highline Beta

Highline Beta builds and funds startups in partnership with leading organizations and entrepreneurs. We guide partners in the creation of corporate venture studios. Our mission is to build better ventures through rigorous process, entrepreneurial grit, capital and innovative partnerships.

Portage

Portage is a global investment platform focused on fintech and financial services. Our team partners with ambitious companies across all stages, providing flexible capital and deliver a global network of investors, commercial partners, advisors and value creation experts. With deep industry knowledge and entrepreneurial experience, Portage is committed to supporting the leaders who are reshaping financial services.

Round13 Capital

Founded in 2013, Round13 Capital is a leading venture and growth equity investment platform based in Toronto, Canada. The firm invests in high-potential companies across a range of sectors, with a focus on supporting their growth and development over the long term. Round13's team of experienced investors and operators bring a wealth of expertise and insight to every investment, helping portfolio companies to realize their full potential. With a commitment to building an enduring 100-year firm, Round13 is dedicated to creating long-term value for its investors and the companies it supports.

Forum Ventures

Forum Ventures is the leading early-stage fund, program and community for B2B SaaS startups. Founded in 2014 as Acceleprise, we’re on a mission to make the B2B SaaS journey easier, more accessible and successful for early-stage founders, through funding, high touch programming, corporate perks and introductions, and an active SaaS community.

Graphite Ventures

Graphite Ventures is an early stage “seeding for scale” venture capital firm. Founded in 2008 as MaRS IAF, we are one of Canada’s most active and consistent VC firms, having invested in 175 companies over the past decade. We invest in early stage B2B SaaS, Fintech, Proptech, Digital Health and capital efficient hardware businesses.

Antler Canada

Founded on the belief that people innovating is the key to building a better future, Antler partners with exceptional founders across six continents to launch and scale startups that address meaningful opportunities and challenges.

GreenSky Ventures

GreenSky Ventures invests in early stage Canadian B2B start-ups led by entrepreneurs. We have been actively deploying capital since 2015. We employ extraordinary diligence. Find the best early stage ventures. Write bigger cheques to fund them.

Whitecap Ventures Partners

Whitecap Venture Partners is a Canadian VC firm with a track record spanning three decades and five funds. Whitecap V closed in 2021 with a fund size of $150M, supported by leading institutions and family offices, and is focused on lead investments in early-stage financings across Canada. Whitecap focuses on B2B software and MedTech opportunities, areas where the team of long-time investors and former operators have deep expertise, and works closely with founders to support portfolio companies post-investment.

Amplify Capital

Amplify Capital is the evolution of the MaRS Catalyst Fund, investing in mission-driven, double-bottom-line disruptors in health, education and cleantech. Every dollar invested in these companies generates a financial return and a social return. That’s how we amplify capital. And we further amplify our impact by encouraging partners, investors and co-investors to invest in companies where purpose drives profit. As investors, what we invest in today shapes the world of tomorrow.

Good News Ventures

Good News Ventures backs passionate and true grit founders as they develop their ideas into actual businesses. We admire those who embrace risk and uncertainty and aren’t afraid to break with convention. We are industry agnostic ICT Venture Capital fund based in Toronto, Canada. Our team focuses on companies based in North America or serving the North American market at Pre-seed or Seed stages with interesting business models including SaaS, Enterprise/SMB, B2B/B2B2C, and Crypto. We invest in tech companies in all sectors including AI/ML, IoT, Infrastructure, Blockchain and Quantum Computing.

Stand Up Ventures

StandUp Ventures is a Toronto-based, seed stage venture capital fund focused on investing in high growth ventures with at least one female founder in a key leadership role. We believe that women led companies think outside the box, recruit great talent, and serve bigger markets. We invest in seed-stage, for-profit technology companies with at least one woman in a C-level leadership position within the company and an equitable amount of ownership.

GroundBreak Ventures

GroundBreak Ventures™ is a venture capital firm specializing in real estate and property technology. We invest as early as the pre-seed stage, and provide both the capital and the domain expertise necessary to support the growth of our entrepreneurs, and the businesses they work tirelessly to build.

Genesys Capital

Genesys Capital is focused on building companies in the high-growth sectors of healthcare and biotechnology. Through its expertise and network, Genesys accelerates the development of commercially viable emerging companies that represent promising life science investment opportunities. Genesys is one of the largest Canadian-based venture capital firms exclusively focused on the life sciences industry.

Plaza Ventures

Plaza Ventures is a growth-stage venture capital-focused on stimulating the Canadian innovation economy. By connecting great entrepreneurs with private investors and deploying capital into high-potential growth-stage investments, we seek to maximize value for both operators and investors.

Sixty Degree Capital

Built on strength and balance, Sixty Degree Capital invests in the evolving areas of biopharmaceuticals, healthcare platforms and technology. Engaging with companies throughout North America, we aim to remove the barriers between us and our potential in order to make present visions a reality.

Impression Ventures

Impression Ventures is a venture capital firm with committed capital sourced from some of Canada’s leading financial institutions, entrepreneurs, and financial services executives. The firm is focused on investing and leading deals in financial technology companies (fintech), raising late seed to early Series A round and looking to take their beta or MVP product to market locally with a long-term goal of taking the product globally.

Kensington Capital Partners

Kensington is a Canadian alternative asset manager with offices in Toronto, Calgary and Vancouver. Kensington manages over $2.6 billion of assets invested in private equity, growth equity, venture capital and other complementary alternative strategies. Our purpose is to build great businesses, and in doing so, create top-performing investment solutions for our investors. The Kensington investment platform is designed to provide access to a diversified portfolio of alternative strategies offering strong, risk-adjusted returns and very low correlation to public markets.

Lumira Ventures

Lumira Ventures is a leading healthcare and life sciences venture capital firm, investing in innovative entrepreneurs developing best and first-in-class therapeutics & medical technologies across North America. We are engaged partners who support the management teams of companies we invest in to build products that have the potential to allow people to lead fundamentally healthier, longer, and more productive lives.

Framework Venture Partners

Framework is a Toronto based venture fund that discovers, develops and scales the next generation of world-class technologies. Framework combines a unique, data-driven model with a high-touch collaborative engagement approach designed to assist Founders and CEOs in high-growth markets to scale while becoming better, smarter and more prepared for the next phase of growth.

Alate Partners

Alate is a Toronto based venture capital firm investing in courageous founders and transformational technology that will change the built world for the better. Founded as a partnership between Relay Ventures and Dream, our team has decades of experience in venture capital, operations, and real estate. In addition to providing capital, Alate has unique access to expertise and customers through our network of influential real estate partners, investors, and founders.

Storytime Capital

Storytime Capital is a VC focused on early stage (Pre-Seed & Seed) investments. We primarily focus on technology solving the Future of Work. This includes how people find work, how people find workers, how the workforce is managed and how work is completed at the point of execution. The opportunity for innovation in the Future of Work is endless and we firmly believe the next decade will leave the past two epic decades of innovation in the dust! Work will be redefined in every sector, our portfolio companies will be leading this charge.

First Ascent Ventures

First Ascent Ventures was founded in 2015 and invests in emerging technology companies that are building the next generation of disruptive, enterprise B2B software that leverages the cloud, artificial intelligence (AI), machine learning, big data, cloud computing, 5G, mobility, IOT with a focus on data privacy and security.

Cross Border Impact Ventures

Cross Border Impact Ventures aims to be the preferred investor for transformative health technology companies with the potential of meeting the needs of women, children and adolescents across global markets. We have partnered with Grand Challenges Canada to develop a world class platform that breaks the paradigm of who benefits from leading technologies.

Dream Maker Ventures

Dream Maker Ventures (DMV) Diversity Fund is the first Canadian Venture Capital (VC) Fund founded by persons of colour and women, focused on investing in diverse, underrepresented, underestimated entrepreneurs. The Diversity Fund primarily invests in early-stage tech companies with founding teams inclusive of persons of colour, women, persons with disabilities, LGBTQ+, immigrant and indigenous entrepreneurs. The Fund takes a thematic approach to investing by targeting AI/ML, Blockchain, Consumer, and Enterprise software companies across Canada and the U.S.

GSA Ventures

GSA Ventures is dedicated to investing in immigrant entrepreneurs to create a positive and lasting impact in Canada’s tech community

Esplanade Ventures

Esplanade Ventures is an early-stage digital health venture fund. Initially formed in 2019 by the founders of Medisys Health Group and Persistence Capital Partners, Canada’s largest Healthcare Private Equity firm. Our team creates value using our deep healthcare knowledge, extensive network, active strategic direction, and key partnerships through distribution channels.

Loyal VC

Loyal is a global semi-liquid venture fund, designed to offer above-average returns while preserving capital, through diversification and a unique gate-stage investing process that reduces bias. Partnered with INSEAD, Founder Institute, 900+ advisors, and 200+ investors, we are Loyal to the world with 300+ investments in 60+ countries.

White Star Capital

White Star Capital is an international multi-stage technology investment manager built by a team of founders, investors and operators with a track record of entering new markets, expanding teams and exiting companies. Our approach to venture is characterized by a unique combination of international presence, perspective, and people.

IX Labs

IX Labs invests in technology-first startups led by mission-focused leaders who want to change the status quo. We invest in pre-seed and seed stage fintech, agtech, and internet-of-things (IoT) startups who are using data and artificial intelligence to solve problems. We believe in taking calculated risks in technology companies that share our passion and commitment to disrupt large underserved markets.

Intact Ventures

Intact invests in early-stage companies and seek to partner with exceptional founders. We are backed by a global insurer and can support the growth of our portfolio companies across multiple geographies.

Northside Ventures

Northside Ventures is a pre-seed and seed stage venture capital firm backing exceptional Canadian founders in the US and Canada. We aim to invest in a founder’s first round of external capital, often at the point of company inception and ideation. Our initial cheques are $100K - $500K. Core investment categories include: artificial intelligence, B2B SaaS, fintech and cleantech.

Cycle Capital

Cycle Capital is a leading private ClimateTech venture capital investment platform with offices in Montreal and Toronto, and a presence in the U.S., Europe and Asia. Cycle Capital invests across North America, Europe and Asia in growing and commercializing companies that have developed technologies that positively contribute to climate change mitigation by enabling a net-zero transition, reducing greenhouse gas emissions, and optimizing resources and processes.

Luge Capital

Luge Capital is a fintech-focused venture capital firm that invests in early-stage companies in Canada and the United States. We’re on a mission to build fintech champions with amazing founders.

Deloitte Ventures Canada

Born out of Deloitte Canada, Deloitte Ventures is a fund that invests in disruptive technology companies. We provide capital, access to our extensive network of clients, and the experience to assist in strategic, financial, and operational matters. When we help bring innovative ideas to the wider market, it’s good for innovators, it’s good for the market, and it’s good for business. So that’s what we do.

Enigma Venture Partners

Enigma Ventures invest in disruptive early-stage companies in North America and Israel. We bridge the gap between vision and reality by investing in passionate founders with disruptive ideas. And we empower our portfolio companies to achieve rapid, long-lasting growth through strategic investment, industry connections, and proven operational expertise.

Shopify Ventures

Shopify is the entrepreneurship company and Shopify Ventures is where founders thrive. We invest in mavericks who possess that rare technical DNA, and we look to enable these visionary founders through our vibrant ecosystem. On a mission to help scale bold ideas from hello world to IPO, we are building a 100-year venture platform to help make commerce, developer experience, and entrepreneurship better for everyone.

Clanton Capital

Clanton is a Toronto-based venture capital firm focused on early stage investments in the real estate technology sector. Together with our real estate ecosystem, Clanton is accelerating the intersection of the built world and technology across the entire real estate and construction lifecycles. Our active approach combines strategic capital and industry expertise together with a partner network that spans $25+ billion of real estate across all asset classes, providing founders with operational support and access to leaders across the real estate value chain.

Drive Capital

Venture Capital firm helping founders build the next generation of world class companies.

YEDI - York Entrepreneurship Development Institute VC

Serving Toronto, York Region and internationally based ventures, YEDI presents programs and guided processes for its participants, including lecture-based learning, seminar training, deliverable milestones, peer workshops, and mentorship by subject matter experts. YEDI offers an array of programs to serve Canadian & International for-profit and not-for-profit innovators from a diversity of sectors.

Yaletown Partners

Yaletown Partners is dedicated to closing the emerging-growth stage investment gap faced by technology companies. We invest in technology companies that enhance industry and enterprise productivity and sustainability, to help accelerate their growth, shorten exit timeframes and achieve strong exit premiums.

BrandProject LP

BrandProject is a team of experienced investors and operators who partner with founders to accelerate, incubate, and scale brands. We are an early stage venture capital fund that invests in consumer product, service, and technology companies.