Canada Startup Ecosystem

Overview

Canada's startup ecosystem is rapidly growing, with significant activity in cities like Toronto, Vancouver, and Montreal. As of 2023, Canada hosts around 10,000 startups, supported by a favorable business environment and government incentives such as the Scientific Research and Experimental Development (SR&ED) tax credit. In 2022, Canadian startups attracted approximately CAD $10 billion in venture capital funding, underscoring the country's robust entrepreneurial landscape.

Size of the Market

As of 2023, Canada's startup ecosystem comprises about 10,000 startups. The market has shown substantial growth, with venture capital investments reaching CAD $10 billion in 2022. This impressive financial influx highlights the ecosystem's capacity for expansion and innovation, attracting entrepreneurs and investors alike. The diverse range of industries represented within the Canadian startup landscape further enhances its market size and potential.

Key Strengths

Canada's startup ecosystem is characterized by several key strengths, including a high quality of life, a diverse and skilled workforce, and robust support for innovation and research. The country excels in areas such as artificial intelligence (AI), clean technology, and biotechnology. These strengths are bolstered by world-class educational institutions and a strong emphasis on R&D, positioning Canada as a competitive player in the global startup arena.

Major Hubs

Toronto, often dubbed 'Silicon Valley North,' is a major hub for tech startups, particularly in AI and fintech. Montreal boasts a vibrant AI research community, contributing significantly to advancements in machine learning and related fields. Vancouver is renowned for its expertise in software development and gaming. These cities collectively drive Canada's innovation, making substantial contributions to the country's economic growth and technological advancements.

Emerging Hubs

Beyond the major cities, emerging hubs like Ottawa, Calgary, and Waterloo are gaining traction. Ottawa is noted for its strength in telecommunications and software, Calgary for its focus on energy and cleantech, and Waterloo for its burgeoning tech scene and strong ties to academic institutions. These emerging hubs are expanding Canada's startup ecosystem, providing new opportunities and attracting a diverse talent pool.

Support Systems

Canada's startup ecosystem benefits from a robust network of accelerators, incubators, and co-working spaces. Notable initiatives like the MaRS Discovery District in Toronto and the Creative Destruction Lab in various cities provide startups with mentorship, resources, and access to capital. This supportive infrastructure is crucial for nurturing early-stage companies and fostering a collaborative entrepreneurial environment.

Challenges

Despite its strengths, the Canadian startup ecosystem faces challenges such as access to late-stage funding and a smaller market size compared to the U.S. Additionally, navigating regulatory frameworks and attracting international talent can be hurdles for startups. Addressing these challenges requires strategic investments and policy support to sustain growth and competitiveness in the global market.

Opportunities and Future Outlook

Canada's strategic location and trade agreements offer startups significant opportunities for international expansion. The emphasis on sustainability and green technology drives innovation in sectors like clean energy and environmental solutions. Continued investment in AI, biotechnology, and other emerging technologies positions Canada for sustained growth. The future outlook for Canada's startup ecosystem is promising, with strong potential to play a pivotal role in the global innovation landscape.

Resilience and Adaptability

The Canadian startup ecosystem demonstrates remarkable resilience and adaptability, essential for navigating global economic shifts and market dynamics. The country's multicultural society and diverse talent pool foster a rich environment for innovation. As Canada continues to invest in its entrepreneurial infrastructure and support systems, it is well-equipped to handle future challenges and capitalize on new opportunities, ensuring sustained growth and success.

How to connect with Angel Investors in Canada?

Top Angel Investors

Canada's startup ecosystem is supported by numerous influential angel investors who provide crucial early-stage funding and mentorship. Notable figures include Mike Volker, a prolific angel investor with investments in over 100 startups, and Dan Martell, known for his investments in tech and SaaS companies. These investors typically contribute between CAD $25,000 and CAD $500,000 per deal, offering not only capital but also strategic guidance and industry expertise, which are vital for the growth and development of nascent companies.

Leading Venture Capital Firms

Leading venture capital firms in Canada play a critical role in driving the growth of startups. Firms such as BDC Capital, Real Ventures, and Inovia Capital are at the forefront, providing substantial funding to high-growth companies. BDC Capital, for instance, has invested in over 700 companies, supporting a wide range of sectors including cleantech, healthcare, and ICT. These firms typically engage in Series A to Series C funding rounds, with investment sizes ranging from CAD $1 million to CAD $50 million, facilitating significant scaling opportunities for startups.

Investment Size and Scope

The investment size and scope in Canada's startup ecosystem vary widely, catering to different stages of business growth. Early-stage investments, often provided by angel investors, range from CAD $25,000 to CAD $2 million. For growth-stage companies, venture capital firms offer larger funding rounds, typically between CAD $5 million and CAD $50 million. The scope of these investments spans various sectors, including AI, biotechnology, fintech, and cleantech, reflecting the diverse and dynamic nature of Canada's entrepreneurial landscape.

Number of Investments

Canada's venture capital and angel investment activity are robust, with a significant number of deals annually. In 2022, over 600 venture capital deals were recorded, amounting to approximately CAD $10 billion in investments. This high level of activity underscores the vibrancy of the Canadian startup ecosystem, with both angel investors and venture capital firms actively seeking out and funding promising startups across a broad spectrum of industries.

Future Outlook of the Investment Market

The future outlook for Canada's investment market is highly optimistic. With continued emphasis on innovation and technology, sectors such as AI, biotechnology, and clean technology are expected to drive substantial growth. Government support through initiatives like the SR&ED tax credit further bolsters the ecosystem. As global interest in sustainable and innovative solutions increases, Canada's startups are well-positioned to attract significant international investments, fostering an environment ripe for continued expansion and success.

Support and Mentorship

Support and mentorship are critical components of Canada's startup ecosystem. Angel investors and venture capitalists often provide more than just financial backing; they offer strategic advice, industry connections, and operational support. Programs like MaRS Discovery District in Toronto and Creative Destruction Lab across various cities enhance this support, offering structured mentorship, resources, and access to capital. This comprehensive support system helps startups navigate early challenges and scale effectively.

Government and Institutional Support

The Canadian government and various institutions play a pivotal role in nurturing the startup ecosystem. Initiatives such as the SR&ED tax credit and the Canada Small Business Financing Program provide substantial financial support and incentives. Additionally, organizations like Innovate Canada and provincial programs offer grants, loans, and advisory services. This extensive support infrastructure is vital for fostering innovation, reducing financial barriers, and promoting sustainable growth within the startup community.

Conclusion

Canada's startup ecosystem is bolstered by top angel investors, leading venture capital firms, and extensive support systems. With a diverse range of investment sizes and scopes, the market is poised for significant growth. The future outlook remains positive, driven by innovation, government support, and a collaborative environment. As Canada continues to attract global investments and foster entrepreneurial talent, it stands to become a key player in the global startup landscape, contributing to advancements across various high-growth sectors.

Angel Investment trends in Canada

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We found 1,358 Angel Investors in Canada on Angels Partners

Patrick Lor
Investing in Software (Web Marketplace Saas..) &b...
 Quebec , Toronto Onta..., U.S.A.
Investor Picture
Previous Investments
  • Motorleaf: $2850000
  • CTO.ai: $590000
  • Impro: $2000000 (Seed)
  • PainWorth: $2000000 (Seed)
  • SoleSavy: $13000000 (Series A)
  • SoleSavy: $2000000 (Seed)
  • Certn: $21000000 (Series A)
  • Certn: $760000 (Seed)
  • Communo: $3000000 (Seed)
  • Communo: $770000 (Pre Seed)
  • Hack Capital Ventures: $750000 (Seed)
  • Creative Market: $7000000 (Series A)
  • Leankor: $1000000 (Angel)
  • Leankor: $1000000 (Angel)
  • Allocadia: $1000000 (Seed)

Patrick Lor

Quebec - Toronto Ontario - Montreal Qc - Calgary Ab, U.S.A.

Investing In

Software (Web Marketplace Saas..) • Media • Businesses Solutions • Retail (& E-Commerce) • Sales (& Marketing) • Food & Beverage • Payments • Online Social

Description

Patrick Lor serves as Managing Partner at Panache Ventures. Lor also serves as Partner at 500 Startups Canada. He helped pioneer the microstock industry, as co-founder of iStockphoto, the world's first crowd sourced stock photography community. Upon his departure, the company was selling over 12 million images annually, and was sold to Getty Images for US$50 million in 2006. Most recently, he was head of North American operations for Fotolia, a stock photography community backed by private equity firm KKR. Patrick is also active in the technology startup ecosystem as an advisor, mentor, angel investor, teacher, and community leader. Organizations he contributes to include: thea100.org, thec100.org, democampcalgary.com, University of Calgary, Mount Royal University, Highline, and FounderFuel. He also served as Advisor at iNovia Capital.

Kirsten Green
Investing in Retail (& E-Commerce) • Consumer
 San Francisco Bay Are..., U.S.A. - Canada
Investor Picture
Previous Investments
  • Chloe+Isabel: $3250000
  • The Insider: $5200000 (Seed Round)
  • The Insider: $1500000 (Pre Seed Round)
  • Duckbill: $25000000 (Series A)
  • Tally Health: $10000000 (Seed)
  • Balance: $56000000 (Series B)
  • Real: $37000000 (Series B)
  • Real: $10000000 (Series A)
  • Real: $6000000 (Seed)
  • Kale: $4000000 (Seed)
  • Homebound: $75000000 (Series C)
  • Homebound: $35000000 (Series B)
  • Homebound: $18000000 (Series A)
  • Faire: $600000000 (Series G)
  • Faire: $260000000 (Series F)
  • Faire: $170000000 (Series E)
  • Faire: $150000000 (Series D)
  • Faire: $60000000 (Series C)
  • Faire: $40000000 (Series B)
  • Faire: $12000000 (Series A)
  • Faire: $3000000 (Seed)
  • Curated: $75000000 (Series C)
  • Curated: $22000000 (Series A)
  • Moment House: $12000000 (Series A)
  • Moment House: $2000000 (Seed)
  • Revel: $4000000 (Seed)
  • Revel: $3000000 (Seed)
  • Glossier: $80000000 (Series E)
  • Glossier: $100000000 (Series D)
  • Glossier: $8000000 (Series A)
  • Loupe: $12000000 (Series A)
  • Calibrate: $23000000 (Series A)
  • Calibrate: $5000000 (Seed)
  • The Yes: $30000000 (Series A)
  • Neighborhood Goods: $11000000 (Series A)
  • Neighborhood Goods: $9000000 (Seed)
  • Neighborhood Goods: $6000000 (Seed)
  • Neighborhood Goods: $5800000 (Seed Round)
  • Modern Fertility: $15000000 (Series A)
  • Rockets of Awesome: $20000000 (Series C)
  • Rockets of Awesome: $13000000 (Series A)
  • Rockets of Awesome: $7000000 (Seed)
  • Ritual: $25000000 (Series B)
  • Ritual: $11000000 (Series A)
  • Ritual: $4000000 (Seed)
  • Hims & Hers: $100000000 (Series C)
  • Hims & Hers: $50000000 (Series B)
  • Hims & Hers: $7000000 (Series A)
  • Prose: $18000000 (Series B)
  • Prose: $5000000 (Series A)
  • The Inside: $5000000 (Seed)
  • The Inside: $2000000 (Pre Seed)
  • Cleo: $11000000 (Series A)
  • Cleo: $2000000 (Seed)
  • Cleo: $2400000 (Seed Round)
  • Outdoor Voices: $34000000 (Series C)
  • Outdoor Voices: $13000000 (Series B)
  • Outdoor Voices: $7000000 (Series A)
  • Faire (formerly Indigo Fair): $12000000 (Series A)
  • Faire (formerly Indigo Fair): $3400000 (Seed Round)
  • Lumi: $9000000 (Series A)
  • Alchemy 43: $3000000 (Seed)
  • Alchemy 43: (Seed)
  • Stockwell: $3000000 (Seed)
  • M.Gemi: $16000000 (Series C)
  • M.Gemi: $18000000 (Series B)
  • M.Gemi: $14000000 (Series A)
  • INTURN: $23000000 (Series B)
  • INTURN: $10000000 (Series A)
  • INTURN: $4000000 (Seed)
  • Packagd: $6000000 (Series A)
  • Stadium Goods: $5000000 (Series A)
  • Birchbox: $15000000 (Series C)
  • Birchbox: $11000000 (Series A)
  • Birchbox: $1000000 (Seed)
  • Dollar Shave Club: $91000000 (Series D)
  • Dollar Shave Club: $12000000 (Series B)
  • Dollar Shave Club: $10000000 (Series A)
  • Dollar Shave Club: $1000000 (Seed)
  • Cricket's Circle: $2000000 (Seed)
  • Draper James: $10000000 (Series B)
  • BloomThat: $6000000 (Series A)
  • Cotopaxi: $7000000 (Series A)
  • Cotopaxi: $3000000 (Seed)
  • Shuddle: $10000000 (Series A)
  • Shuddle: $3000000 (Seed)
  • Glossier, Inc.: $8400000 (Series A)
  • Into The Gloss: $8000000 (Series Unknown)
  • Into The Gloss: $2000000 (Seed)
  • PS Dept.: $5000000 (Series Unknown)
  • Retention Science: $7000000 (Series A)
  • Retention Science: $750000 (Seed)
  • Retention Science: $1000000 (Seed)
  • Bonobos: $55000000 (Series D)
  • Bonobos: $30000000 (Series Unknown)
  • Bonobos: $16000000 (Series Unknown)
  • Bonobos: $19000000 (Series B)
  • Bonobos: $3000000 (Seed)
  • Chloe + Isabel: $15000000 (Series C)
  • Chloe + Isabel: $9000000 (Series A)
  • Darby Smart: $6000000 (Series A)
  • Darby Smart: $1000000 (Seed)
  • Chime: $4000000 (Seed)
  • Wanelo: $3000000 (Series Unknown)
  • HotelTonight: $4000000 (Series A)

Kirsten Green

San Francisco Bay Area - California, U.S.A. - Canada

Investing In

Retail (& E-Commerce) • Consumer

Description

Kirsten Green is the Founder and serves as a Managing Director & General Partner at Forerunner Ventures. She also serves as the Board Member at Rockets of Awesome, Draper James, Glossier and Outdoor Voices. Kirsten Green is the Founder and serves as Managing Director at Forerunner Ventures. Previously, she was an adviser to TSG Consumer Partners. Before founding Forerunner Ventures, Kirsten was an analyst in the equity research department at Banc of America Securities (Montgomery Securities). Prior to that, she was an associate at Donaldson, Lufkin & Jenrette. Kirsten graduated from UCLA with a B.A. in Business Economics, and she holds a CPA license and a CFA certification. Kirsten serves on the board and executive committee of the Full Circle Fund.

david lawee
Investing in Businesses Solutions • FinTech ...
 San Francisco Bay Are..., U.S.A. - Canada
Investor Picture
Previous Investments
  • SurveyMonkey: $250000000 (Private Equity Round)
  • SurveyMonkey: $444000000 (Private Equity Round)
  • Outcome Health: $500000000 (Early stage VC)
  • Airbnb: $447800000 (Later stage VC)
  • UiPath: $265000000 (Later stage VC)
  • Stripe: $150000000 (Later stage VC)
  • CrowdStrike: $100000000 (Later stage VC)
  • Looker: $81500000 (Later stage VC)
  • MapR Technologies, Inc.: $56000000 (Later stage VC)
  • Practo: $55000000 (Later stage VC)
  • Ping'an Huixin: $20000000 (Later stage VC)
  • CueLearn/Cuemath: $15000000 (Later stage VC)
  • Robinhood 0:
  • Xfire: (early stage)
  • Mosaic Venture Partners:
  • Cuemath: $56000000 (Series Unknown)
  • Cuemath: $40000000 (Series C)
  • Cuemath: $5000000 (Series B)
  • Cuemath: $15000000 (Series B)
  • Fireblocks: $550000000 (Series E)
  • Digital Currency Group: $700000000 (Secondary Market)
  • Thumbtack: $280000000 (Series G)
  • Thumbtack: $130000000 (Series E)
  • Thumbtack: $100000000 (Series D)
  • Convoy: $400000000 (Series D)
  • Convoy: $190000000 (Series C)
  • Lyft: $500000000 (Series H)
  • Lyft: $1000000000 (Series H)
  • CommonFloor: $15000000 (Series F)
  • Momentive: $250000000 (Private Equity)
  • Momentive: $440000000 (Private Equity)
  • Credit Karma: $75000000 (Series D)
  • Credit Karma: $85000000 (Series C)
  • Ten-X: $50000000 (Series Unknown)
  • Lending Club: $130000000 (Secondary Market)
  • Hearsay Systems: $3000000 (Series A)
  • A Bit Lucky: $3000000 (Convertible Note)

david lawee

San Francisco Bay Area - California, U.S.A. - Canada

Investing In

Businesses Solutions • FinTech (& Financials services) • Blockchain (& Cryptos) • Web Security (& Privacy) • Mobility • Consumer

Description

Founder and General Partner at CapitalG

Founder and General Partner at CapitalG

Greg Neufeld
Investing in Software (Web Marketplace Saas..) &b...
 San Francisco Bay Are..., U.S.A. - Canada
Investor Picture
Previous Investments
  • Instnt: $4120000 (Early stage VC)
  • Wethos: $3000000 (Seed Round)
  • Aurora Insight Inc.: (mid stage)
  • Entera: (early stage)
  • Ikos Holdings, Inc.: (early stage)
  • Pillar Technologies, Inc.: (mid stage)
  • Windfall Data: (mid stage)
  • Ocrolus Inc.: (mid stage)
  • Pandium:
  • Smile Identity:
  • xtraCHEF: (mid stage)
  • API Fortress: (mid stage)
  • Verifly: (early stage)
  • Bitnomial: (early stage)
  • BondCliQ: (early stage)
  • EVEN Financial: (early stage)
  • LoanHero: (early stage)
  • OnPlan: (early stage)
  • Closir: (early stage)
  • Descartes Labs: (early stage)
  • firstAI:
  • LendingFront: (early stage)
  • TickerTags:
  • ChartIQ: (early stage)
  • ValueStream Ventures: (early stage)
  • Freespeech Messenger:
  • SI Capital Management, LLC:
  • Whole Coffee Co.:
  • Staples Tuition Grants:
  • Octane Lending: (early stage)
  • 1552 Golf Links Club:
  • Aegis Mobility Inc.: (mid stage)
  • Celeritas LLC:
  • Sahale Snacks: (mid stage)
  • Carpio Solutions:
  • Estimize: $1000000 (Series A)

Greg Neufeld

San Francisco Bay Area - New York - Delray Beach - Florida, U.S.A. - Canada

Investing In

Software (Web Marketplace Saas..) • Businesses Solutions • FinTech (& Financials services) • A.I. (& Big Data) • Analytics • Payments • Robotics

Description

Partner at ValueStream Ventures

Greg Neufeld is the Founder and serves as Managing Partner at ValueStream Ventures. He also serves as an Advisor & Investor at ChartIQ. Greg co-managed a series of investment funds at SI Capital Management trading market index futures and options, before leaving to pursue entrepreneurship including stints at FailStation and as the co-founder of Freespeech, a consumer mobile messaging app.

Drew Volpe
Investing in BioTech • Businesses Solutions ...
 Boston Massachusetts ..., U.S.A.
Investor Picture
Previous Investments
  • Technical Machine: $1000000 (Seed Round)
  • Upskill (formerly APX Labs): $13000000 (Other)
  • Skynet Labs (cloud storage): $6200000 (Early stage VC)
  • WinterLight Labs: $4260000 (Early stage VC)
  • Oculii: $3400000 (Seed Round)
  • Seven Bridges: $3000000 (Seed Round)
  • Reniac: (Later stage VC)
  • Resilinc: (Later stage VC)
  • Contastic: (Seed Round)
  • Blumen Systems: $1000000 (Pre Seed)
  • Genialis: $13000000 (Series A)
  • Genialis: $2000000 (Seed)
  • Robigo: $7000000 (Seed)
  • Robigo: $1000000 (Pre Seed)
  • Path (fka ScholarMe): (Seed)
  • Kanary: $900000 (Seed)
  • Skynet Labs: $3000000 (Seed)
  • Skynet Labs: $750000 (Seed)
  • Phaseshift Technologies: $580000 (Pre Seed)
  • On Deck: (Series A)
  • Salient Predictions: (Pre Seed)
  • Gradient: (Seed)
  • Scoot Science: (Pre-Seed)
  • MotionHall: (Seed)
  • Tranquil Data: (Pre-Seed)
  • Tranquil Data: $2000000 (Pre Seed)
  • Motion Hall: (Seed)
  • Everbloom: $1500000 (Seed)
  • Feature Labs: $2000000 (Seed)
  • Feature Labs: $1500000 (Seed)
  • Plex Research: (Seed)
  • Plex Research: (Seed)
  • Blissfully: $2000000 (Seed)
  • Forge.AI: (Seed)
  • Jellyfish: (Seed)
  • Jellyfish: (Seed)
  • Talla: $4000000 (Seed)
  • Netra: $500000 (Convertible Note)
  • Radial Analytics: $500000 (Pre Seed)
  • Smarking: $3000000 (Seed)
  • Blank Label: $1000000 (Seed)
  • Weft: $1000000 (Seed)
  • Seven Bridges Genomics: (Seed)
  • Tessel Project: $1000000 (Seed)
  • Weathermob: $650000 (Angel)
  • Weathermob: $360000 (Angel)
  • Fulcrum: $18000000 (Series A)
  • Fulcrum: $19000000 (Series A)
  • Fulcrum: $3000000 (Seed)
  • Gig and Take: $2000000 (Pre Seed)
  • Frontdesk: $13000000 (Series B)
  • Frontdesk: $7000000 (Series A)
  • Sweater: $12000000 (Seed)
  • New Era ADR: $2000000 (Pre Seed)
  • Sarna: $950000 (Pre Seed)
  • JOEZOO: (Pre Seed)
  • ProHabits: $320000 (Pre Seed)
  • Hallow: (Pre Seed)
  • Unsplash: $10000000 (Series A)
  • Schoola: $4000000 (Series Unknown)
  • Home Chef: $5000000 (Series A)
  • Home Chef: $1000000 (Convertible Note)
  • Recruiter.com: $350000 (Angel)
  • Cratejoy: $6000000 (Series A)
  • Preferral: $530000 (Series Unknown)
  • Influactive: (Series Unknown)
  • Crew: $2000000 (Seed)
  • Trace: (Seed)
  • Good&Co: $1000000 (Seed)
  • Popular Pays: $200000 (Seed)
  • GINKGOTREE: $750000 (Series A)
  • Glio: (Seed)
  • Faraday Bicycles: (Seed)
  • SocialCrunch: (Seed)
  • NoRedInk: (Seed)

Drew Volpe

Boston Massachusetts - Chicago - Atlanta - San Francisco - New York - Toronto (Ontario) - Boston / New - Cambridge Massachusetts, U.S.A.

Investing In

BioTech • Businesses Solutions • IoT (& Wearables) • CleanTech • A.I. (& Big Data) • Blockchain (& Cryptos) • Cloud Services (& Infrastructure) • Logistics (& Distribution) • Woman Focused

Description

Most Interested In New computing technologies (ML/AI, decentralization, sensor fusion, ...) applied to "traditional" industries, computational bio, decentralized services and governance. Not Interested In Consumer, gaming, startups not in the US and Canada.

Elad Gil
Investing in Software (Web Marketplace Saas..) &b...
 San Francisco Bay Are..., U.S.A. - Global: U.S.A., Australia, Canada, Germany, U.K., Israel, France, Italy, Spain, Netherlands, Belgium, Switzerland, Denmark, Finland, Luxembourg, Malta, Iceland
Investor Picture
Previous Investments
  • RealityEngines.AI: $5300000 (Seed Round)
  • StarkWare Industries Ltd.: $6000000 (Seed Round)
  • Bitwise Asset Management: $4000000 (Seed Round)
  • Abacus.AI: $5300000 (Seed Round)
  • StarkWare Industries: $6000000 (Seed Round)
  • Harvey: $80000000 (Series B)
  • Harvey: $21000000 (Series A)
  • Harvey: $5000000 (Seed)
  • Mistral AI: $410000000 (Series A)
  • Orchid: $12000000 (Seed)
  • Pika: $35000000 (Series A)
  • Llama: $6000000 (Seed)
  • Modal Labs: $16000000 (Series A)
  • Neon: $46000000 (Series B)
  • Neon: $30000000 (Series A)
  • Socket: $20000000 (Series A)
  • Socket: $5000000 (Seed)
  • Resend: $3000000 (Seed)
  • Runway Financial: $28000000 (Series A)
  • Cove: (Seed)
  • Infisical: $3000000 (Seed)
  • Contextual AI: $20000000 (Seed)
  • Argus Labs: $10000000 (Seed)
  • Charm Industrial: $100000000 (Series B)
  • NewLimit: $40000000 (Series A)
  • Essential AI: $8000000 (Seed)
  • Polywork: $28000000 (Series B)
  • Polywork: $13000000 (Series A)
  • Perplexity AI: $26000000 (Series A)
  • Perplexity AI: $3000000 (Seed)
  • Character.ai: $150000000 (Series A)
  • Character.ai: (Seed)
  • Magic: $23000000 (Series A)
  • Warp: $2000000 (Seed)
  • Warp: $17000000 (Series A)
  • Recurrency: $22000000 (Series A)
  • Anduril Industries: $1500000000 (Series E)
  • Anduril Industries: $450000000 (Series D)
  • Anduril Industries: $200000000 (Series C)
  • OneSchema: $6000000 (Seed)
  • Exponential DeFi: $14000000 (Seed)
  • Potrero Labs: (Seed)
  • Tactic: $11000000 (Series Unknown)
  • Tactic: $3000000 (Seed)
  • Integral Treasury: $9000000 (Series Unknown)
  • Goldsky: $21000000 (Seed)
  • Contribution Labs: $2000000 (Seed)
  • Retool: $45000000 (Series C)
  • Retool: $20000000 (Series C)
  • Retool: $50000000 (Series B)
  • Retool: $25000000 (Series A)
  • Retool: $1000000 (Seed)
  • Lines: $4000000 (Seed)
  • Pulley: $40000000 (Series B)
  • Pulley: $10000000 (Series A)
  • Merkle Manufactory: $30000000 (Seed)
  • Entrepreneur First: $160000000 (Series C)
  • Welcome: (Series A)
  • Medallion: $35000000 (Series C)
  • Medallion: $30000000 (Series B)
  • Medallion: $20000000 (Series A)
  • Fruitful: $25000000 (Series A)
  • Material Security: $100000000 (Series C)
  • Material Security: $40000000 (Series B)
  • Convex: $26000000 (Series A)
  • Playbook: $18000000 (Series A)
  • Kindred: $8000000 (Seed)
  • Hashboard: $7000000 (Seed)
  • OpenBB: $9000000 (Seed)
  • Ashby: $26000000 (Series B)
  • Ashby: $10000000 (Series A)
  • Nirvana Insurance: $22000000 (Series A)
  • Metronome: $30000000 (Series A)
  • Deepnote: $20000000 (Series A)
  • Deepnote: $4000000 (Seed)
  • CaptivateIQ: $100000000 (Series C)
  • CaptivateIQ: $48000000 (Series B)
  • Klarity: $18000000 (Series A)
  • Lattice: $180000000 (Series F)
  • Lattice: $3000000 (Seed)
  • Seashell: $6000000 (Seed)
  • Envoy: $110000000 (Series C)
  • Anchorage Digital: $350000000 (Series D)
  • Anchorage Digital: $17000000 (Series A)
  • TrueNorth: $50000000 (Series B)
  • TrueNorth: $9000000 (Series A)
  • Uniform: $33000000 (Series A)
  • Soveren: $7000000 (Seed)
  • Houm: $35000000 (Series A)
  • Houm: $8000000 (Seed)
  • AtoB: $75000000 (Series B)
  • AtoB: $25000000 (Series A)
  • HiveWatch: $20000000 (Series A)
  • Rossum: $99000000 (Series A)
  • Rossum: $9000000 (Seed)
  • CopyAI: $11000000 (Series A)
  • Navan: $280000000 (Series F)
  • Navan: $160000000 (Series E)
  • BRINC: $25000000 (Series A)
  • Cord: $18000000 (Series A)
  • Avenue: $4000000 (Seed)
  • Xata.io: $5000000 (Seed)
  • Saturn Technologies: $44000000 (Series Unknown)
  • Bitwise: $70000000 (Series B)
  • Bitwise: $4000000 (Seed)
  • ChartHop: $35000000 (Series B)
  • Unsupervised: $35000000 (Series B)
  • Riverside.fm: $10000000 (Series A)
  • Clubhouse: (Series C)
  • Benchling: $200000000 (Series E)
  • Iron Fish: $5000000 (Seed)
  • On Deck: $20000000 (Series A)
  • AgentSync: $25000000 (Series A)
  • AgentSync: $4000000 (Seed)
  • Reduct: $4000000 (Seed)
  • Polytomic: $2000000 (Seed)
  • Transform: $20000000 (Series A)
  • Stytch: $6000000 (Seed)
  • Sprig: $16000000 (Series A)
  • BIOAGE LABS: $90000000 (Series C)
  • BIOAGE LABS: $11000000 (Series A)
  • OpenPhone: $14000000 (Series A)
  • Relativity Space: $500000000 (Series D)
  • Render: $5000000 (Seed)
  • Parabola: $8000000 (Series A)
  • Sora: $5000000 (Seed)
  • Streamlit: $21000000 (Series A)
  • Cron: $3000000 (Seed)
  • Digits: $11000000 (Series A)
  • Digits: $11000000 (Series A)
  • Prelude: $1000000 (Pre Seed)
  • Clipboard Health: $12000000 (Series A)
  • Notion: $18000000 (Series A)
  • Notion: (Angel)
  • The Org: $3000000 (Seed)

Elad Gil

San Francisco Bay Area - California, U.S.A. - Global: U.S.A., Australia, Canada, Germany, U.K., Israel, France, Italy, Spain, Netherlands, Belgium, Switzerland, Denmark, Finland, Luxembourg, Malta, Iceland

Investing In

Software (Web Marketplace Saas..) • FinTech (& Financials services) • A.I. (& Big Data) • Blockchain (& Cryptos) • Consumer

Description

Dr. Elad Gil is a Co-Founder and serves as the Chairman at Color Genomics. He served as Chief Executive Officer at Color Genomics. He served as the Vice President of Corporate Starategy for Twitter. He was also Co-Founder and served as Chief Executive Officer at Mixer Labs / GeoAPIBefore GeoAPI.com. He has a long standing interest in location based services and mobile. He co-founded Google's Mobile Team where he was the first PM on Google Mobile Maps and was involved with the Android acquisition. Prior to Google, he worked at 3 venture backed startups and at McKinsey. He has a Ph.D. from MIT. He is currently an investor and advisor to a number of mobile and social media startups. He is an Advisor of Origami Logic, Bitwise and Anchorage.

Shaun Abrahamson
Investing in PropTech • Hardware (& Manufact...
 Los Angeles - California, U.S.A. - Germany - Europe: Germany, United Kingdom, France, Italy, Spain, Poland, Romania, Netherlands, Belgium, Czech Republic, Greece, Portugal, Sweden, Hungary, Austria, Switzerland, Denmark, Finland, Slovakia, Norway, Ireland, Luxembourg, Malta, Icela
Investor Picture
Previous Investments
  • CrowdTwist: $20000
  • Hades: $1900000 (Seed Round)
  • Radiator Labs: $2400000 (Seed Round)
  • Radiator Labs: $300000 (Pre Seed Round)
  • Radiator Labs: $220000 (Pre Seed Round)
  • Arbor: $2600000 (Seed Round)
  • ChargeLab: $15000000 (Series A)
  • ChargeLab: $4000000 (Seed)
  • ChargeLab: $1000000 (Pre Seed)
  • Covetool: $30000000 (Series B)
  • Covetool: $800000 (Seed)
  • Electric Visionary Aircrafts: (Convertible Note)
  • Electric Visionary Aircrafts: (Seed)
  • HAAS Alert: $5000000 (Seed)
  • HAAS Alert: $1000000 (Seed)
  • Partsimony: $2000000 (Seed)
  • Oonee: (Pre Seed)
  • Pallon (fka Hades): $2000000 (Seed)
  • Aquagenuity: (Pre Seed)
  • FIRMUS: (Pre Seed)
  • FIRMUS: (Convertible Note)
  • Metalmark Innovations: (Pre Seed)
  • CoInspect: $150000 (Seed)
  • CoInspect: $2000000 (Seed)
  • Hubbster: (Seed)
  • Evolve Energy: (Pre Seed)
  • Kift: (Convertible Note)
  • Food for All: $700000 (Seed)
  • Flair: $810000 (Seed)
  • Flair: $300000 (Convertible Note)
  • Flair: $230000 (Convertible Note)
  • Flair: $330000 (Seed)
  • Flair: $130000 (Convertible Note)
  • GreenQ: (Convertible Note)
  • Thrilling: (Angel)
  • RoadBotics by Michelin: $4000000 (Seed)
  • RoadBotics by Michelin: (Seed)
  • Coord: $5000000 (Series A)
  • Blueprint Power: $4000000 (Series A)
  • Miles: $4000000 (Seed)
  • Rentlogic: $2000000 (Seed)
  • Rentlogic: (Series Unknown)
  • Campsyte: $100000 (Seed)
  • VERSATILE: $1000000 (Seed)
  • Bowery Farming: $8000000 (Seed)
  • Citymart: $750000 (Seed)
  • Citymart: (Seed)
  • Kelvin: $2000000 (Seed)
  • Kelvin: $300000 (Pre Seed)
  • Kelvin: $220000 (Pre Seed)
  • BlocPower: $200000 (Pre Seed)
  • BlocPower: $600000 (Pre Seed)
  • Rachio: $7000000 (Series A)
  • Rachio: $500000 (Convertible Note)
  • Rachio: $700000 (Convertible Note)
  • Future Motion: (Series A)
  • Architizer: (Series A)
  • Architizer: (Convertible Note)
  • Mark43: $11000000 (Series A)
  • LogCheck: (Seed)
  • Valet Anywhere (VA): $1000000 (Seed)
  • Valet Anywhere (VA): (Convertible Note)
  • Revivn: (Seed)
  • BRCK: $1000000 (Seed)
  • BikeSpike: (Convertible Note)
  • Skycatch: $3000000 (Convertible Note)
  • Dash: $1000000 (Seed)
  • KIWI: (Convertible Note)

Shaun Abrahamson

Los Angeles - California, U.S.A. - Germany - Europe: Germany, United Kingdom, France, Italy, Spain, Poland, Romania, Netherlands, Belgium, Czech Republic, Greece, Portugal, Sweden, Hungary, Austria, Switzerland, Denmark, Finland, Slovakia, Norway, Ireland, Luxembourg, Malta, Icela

Investing In

PropTech • Hardware (& Manufacturing) • Energy • CleanTech • A.I. (& Big Data) • Robotics • Real Estate (& Construction) • DeepTech • Mobility • Woman Focused

Description

Most Interested In

We're interested in teams re-imagining cities in 3 areas - GHG reduction, climate adaptation and solving problems associated with high density (like traffic or public safety). Cities are complex, so founders continue inspire and amaze us by identifying new systemic issues and solutions. If you're re-imagining city life, we'd love to hear from you.

Not Interested In

We don't invest in edtech or healthtech. Certainly not a vote on whether we want to see these categories succeed, we just think they need additional focus/skills which we don't have. That said public health is a growing area of interesting.


Shaun Abrahamson is a Founder and serves as Managing Partner at Urban Us. Shaun is a Member of the Investment Committee, and he leads investment selection and communications with portfolio companies, members of the Network, and limited partners in Fund II. Before founding Fund I, Shaun was an active angel investor, investing in more than 20 firms between 2007 and 2013 in his personal capacity. Early-stage investing and advising is informed by his experiences building MediaSentry (acquired by SafeNet in 2005), Starmedia Network (acquired by France Telecom) and Oculus Technologies (MIT CADLab spin-out). In 1999, he was an early employee at govWorks, one of the earliest startups focused on serving local government. govWorks was ahead of the market and failed during the dot-com bust, becoming the subject of the documentary Startup.com in 2001. Shaun has written for organizations such as The Economist Intelligence Unit, The Huffington Post, and CNNMoney. Crowdstorm, published by Wiley, was his first book and is a guide to working with large online crowds to find and evaluate ideas. The book is based on Shaun's experience working with Starbucks, Omnicom Group, $300 House, and Life Edited. Shaun has an MSc from MIT; an MBA from the Berlin School of Creative Leadership; and a BSc from the University of Cape Town. He is also an Angel Investor.

Michael Ma
Investing in Software (Web Marketplace Saas..) &b...
 San Francisco Bay Are..., U.S.A. - Canada
Investor Picture
Previous Investments
  • Resident Boost: $1500000 (Seed Round)
  • Copilot: $10000000 (Series A)
  • Aviator: (Seed)
  • AO Labs: $5000000 (Seed)
  • Palette: $6000000 (Seed)
  • ContaLink: $2000000 (Seed)
  • Neo.Tax: $10000000 (Series A)
  • Neo.Tax: $3000000 (Seed)
  • Utoppia: $5000000 (Seed)
  • Ancana: $3000000 (Seed)
  • Lendflow: $3000000 (Seed)
  • Walnut: $3000000 (Seed)
  • Artifact: $2000000 (Pre Seed)
  • Rogue Games: $2000000 (Seed)
  • Aesthetic: $3000000 (Seed)
  • Pipe: $6000000 (Seed Round)
  • Pipe: $6000000 (Seed)
  • Naborly: $8000000 (Seed)
  • Flatfile: $2000000 (Pre Seed)
  • Pair Team: $3000000 (Seed)
  • Simetrik: $2000000 (Pre Seed)
  • Mighty Buildings: $26000000 (Series A)
  • Pronto: $2000000 (Seed)
  • Mutiny: $3000000 (Seed)
  • Root AI: $2000000 (Seed)
  • Reali: $1000000 (Seed)

Michael Ma

San Francisco Bay Area - LatAm (Latin ), U.S.A. - Canada

Investing In

Software (Web Marketplace Saas..) • Businesses Solutions • Woman Focused

Description

CEO of CreatorDAO

Deepak Gupta
Investing in Software (Web Marketplace Saas..) &b...
 San Francisco Bay Area, U.S.A. - India - Canada
Investor Picture
Previous Investments
  • Trell: $1250000
  • Unnatural Products: $6250000 (Early stage VC)
  • ANA Therapeutics: $6000000 (Early stage VC)
  • DNALite: $1500000 (Seed Round)
  • Aether Biomachines, Inc:
  • Coreshell Technologies, Inc.: (early stage)
  • Ayar Labs: (early stage)
  • Blue Bear Ventures: (early stage)
  • GenEdit: (early stage)
  • TiO Home Inc: (mid stage)
  • CrowdAI:
  • UNYQ: (early stage)
  • RageOn!: (early stage)
  • CorreliaBio: $120000 (Seed Round)

Deepak Gupta

San Francisco Bay Area, U.S.A. - India - Canada

Investing In

Software (Web Marketplace Saas..) • BioTech • Businesses Solutions • Hardware (& Manufacturing) • CleanTech • A.I. (& Big Data) • Material Science • Pharmaceutical (& Medicine) • Woman Focused

Description

Managing Partner at Blue Bear Ventures

Managing Partner

Most Interested In

Emerging Technology from any University Ecosystem


Founder @loginradius • Studied at @illinois-institute-of-technology

Jonathan Medved
Investing in Businesses Solutions • HealthTe...
 San Francisco Bay Area, Israel - Global: U.S.A., Australia, Canada, Germany, U.K., Israel, France, Italy, Spain, Netherlands, Belgium, Switzerland, Denmark, Finland, Luxembourg, Malta, Iceland
Investor Picture
Previous Investments
  • TetaVi: $20000000 (Series A)
  • SaNOtize: $24000000 (Series B)
  • Sotero: $8000000 (Seed)
  • MAOLAC: $3000000 (Seed)
  • BioLumic: $14000000 (Series B)
  • Mermade Seafoods: $3000000 (Seed)
  • Oriient: $11000000 (Series A)
  • Sequentify: $7000000 (Seed)
  • Rewire: $25000000 (Series Unknown)
  • Rewire: $20000000 (Series B)
  • JumpCloud: $66000000 (Series F)
  • Zippin: $30000000 (Series B)
  • Yoom: $20000000 (Series A)
  • MaterialsZone: $6000000 (Series A)
  • Edgybees: $10000000 (Series A)
  • OncoHost: $8000000 (Series B)
  • Superpedestrian: $60000000 (Series Unknown)
  • MigVax: $12000000 (Series Unknown)
  • MedAware: $8000000 (Series A)
  • MedAware: $1000000 (Convertible Note)
  • MedAware: $1000000 (Series Unknown)
  • Wave: $10000000 (Series C)
  • Peer39: $500000 (Seed)
  • Answers Corporation: $1000000 (Series B)

Jonathan Medved

San Francisco Bay Area, Israel - Global: U.S.A., Australia, Canada, Germany, U.K., Israel, France, Italy, Spain, Netherlands, Belgium, Switzerland, Denmark, Finland, Luxembourg, Malta, Iceland

Investing In

Businesses Solutions • HealthTech (& Fitness) • Consumer

Description

CEO/Founder of OurCrowd | Serial Entrepreneur | Venture Capitalist | Angel Investor

Ken Nickerson
Investing in Energy • A.I. (& Big Data) &bul...
 Toronto (Ontario) , T..., Canada
Investor Picture
Previous Investments
  • Wefox: $235000000 (Later stage VC)
  • Hopper: $82000000 (Later stage VC)
  • Rover.com: $65000000 (Later stage VC)
  • 360insights: $30000000 (Later stage VC)
  • Bold Commerce: $27390000 (Later stage VC)
  • Manifold.co: $18500000 (Early stage VC)
  • Klipfolio: $12000000 (Later stage VC)
  • InteraXon (Muse): $11600000 (Later stage VC)
  • Klue: $5000000 (Seed Round)
  • Acerta Analytics Solutions: $1750000 (Seed Round)
  • Citizen Hex: (Seed Round)

Ken Nickerson

Toronto (Ontario) - Toronto (), Canada

Investing In

Energy • A.I. (& Big Data) • Robotics • Aerospace (& Defense)

Description

Entrepreneur, Angel, Inventor, BODs, @flixel-photos, dTaz, Atomic Reach, ex-Kobo, ex-OpenCola, ex-Microsoft, ex-Rogers, ex-Banks - http://ibinary.com/libas

Ilya Sukhar
Investing in Software (Web Marketplace Saas..) &b...
 San Francisco Bay Are..., U.S.A. - Canada
Investor Picture
Previous Investments
  • Applied Intuition Software: $11500000
  • Songxiaocai: $230000000 (Later stage VC)
  • Klook: $200000000 (Later stage VC)
  • LandSpace: $173890000 (Later stage VC)
  • Stanza Living: $130000000 (Seed Round)
  • SoYoung Technology: $60000000 (Later stage VC)
  • Klook: $60000000 (Later stage VC)
  • Apartment List: $50000000 (Later stage VC)
  • Guomai: $45700000 (Later stage VC)
  • Earnin: $39000000 (Later stage VC)
  • Zhenkunhang: $33000000 (Later stage VC)
  • Markforged: $30000000 (Later stage VC)
  • Atomist: $22000000 (Early stage VC)
  • Razorpay: $20000000 (Later stage VC)
  • Cobot: $15400000 (Later stage VC)
  • Miaofei Food: $15260000 (Later stage VC)
  • Teddy Mobile: $15000000 (Later stage VC)
  • Trifo: $15000000 (Later stage VC)
  • LightForce Orthodontics: $14000000 (Later stage VC)
  • GP Union: $12000000 (Early stage VC)
  • CTRL: (Labs)
  • Lightmatter, Inc.: $11000000 (Early stage VC)
  • Machinify: $10000000 (Early stage VC)
  • Flatiron School: $9000000 (Later stage VC)
  • Bugsnag: $9000000 (Later stage VC)
  • Zhuizhi Technology: $7700000 (Early stage VC)
  • Meipian: $6600000 (Early stage VC)
  • DocTalk: $5000000 (Seed Round)
  • CreditVidya: $5000000 (Later stage VC)
  • PerceptIn: $1000000 (Early stage VC)
  • NewBanker: (Early stage VC)
  • Itilite Technologies: (Seed Round)
  • RootCloud: (Early stage VC)
  • Elemential Labs IronChain Capital 0 Celer Network Atlas:
  • CaiCloud:
  • Parabola: $24000000 (Series B)
  • Parabola: $8000000 (Series A)
  • Parabola: $2000000 (Seed)
  • Reflect: $1000000 (Seed)
  • Reflect: $3000000 (Seed)
  • Chameleon: $13000000 (Series A)
  • Mashgin: $63000000 (Series B)
  • Mashgin: $8000000 (Series A)
  • Hashboard: $7000000 (Seed)
  • Flock Safety: $150000000 (Series E)
  • Flock Safety: $150000000 (Series D)
  • Flock Safety: $45000000 (Series C)
  • Flock Safety: $16000000 (Series B)
  • Flock Safety: $10000000 (Series A)
  • Flock Safety: $10000000 (Series A)
  • Fivetran: $570000000 (Series D)
  • Fivetran: $100000000 (Series C)
  • Fivetran: $44000000 (Series B)
  • Fivetran: $15000000 (Series A)
  • FeaturePeek: $2000000 (Seed)
  • Guilded: $7000000 (Series A)
  • Height: $2000000 (Seed)
  • Slab: $2000000 (Seed)
  • Open Listings: $7000000 (Series A)
  • Scale AI: $5000000 (Series A)
  • Mux: $3000000 (Seed)
  • SkyGiraffe: $6000000 (Series A)
  • Sentry: $9000000 (Series A)
  • Honeycomb: $2000000 (Seed)
  • Triplebyte: $3000000 (Seed)
  • Bluecrew: $3000000 (Seed)
  • Transifex: $4000000 (Seed)
  • Transifex: $3000000 (Seed)
  • Airtable: $8000000 (Series A)
  • Yhat: $2000000 (Seed)
  • Algolia: $18000000 (Series A)
  • Shape Analytics: $1000000 (Seed)
  • Clearbit: $2000000 (Pre Seed)
  • Thinair: (Seed)
  • Liftoff: $5000000 (Series A)
  • Casetext: $7000000 (Series A)
  • Neptune.io: $1000000 (Seed)
  • Checkr: $9000000 (Series A)
  • Lookback: $2000000 (Seed)
  • August Health: (Series A)

Ilya Sukhar

San Francisco Bay Area - Los Angeles - Boston - New York - California, U.S.A. - Canada

Investing In

Software (Web Marketplace Saas..) • Businesses Solutions • Hardware (& Manufacturing) • A.I. (& Big Data) • HealthTech (& Fitness) • Cloud Services (& Infrastructure) • Developer tools • DeepTech

Description

Ilya Sukhar serves as a General Partner at Matrix Partners. He also serves as Advisor at Xenon Ventures. He was a Board Member at Open Listings. Prior to joining Matrix in 2016, he worked on three startups, all of which were acquired. Most recently, he was the co-founder and CEO of Parse, a cloud platform for mobile developers that was acquired by Facebook in 2013. In addition to running Parse as a semi-independent subsidiary, Ilya led the teams responsible for all of Facebook's developer-facing products and worked on Messenger. He's an active angel investor and was a part-time partner at Y Combinator. He holds bachelor's and master's degrees in Computer Science from Cornell University. He invests across a variety of sectors, but is particularly interested in products that leverage hard technical underpinnings to become indispensable to consumers or developers. He's excited to work with hackers who are building mission-driven and engineering-centric companies.

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