Fundraising Fox

Backbone Angels

Angel network

Toronto · Pre-Seed–Seed

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Investment thesis

Backbone Angels is a collective of ten women angel investors who came together after building teams and scaling one of the world's largest tech companies. Each member invests her own capital in startups aligned with her personal interests and criteria, with every decision rooted in a strong belief in the founding team and the problem being addressed. Founders may receive investment from one or all members, but backing from even a single angel grants access to the expertise of the entire collective. The group draws on years of experience at the forefront of a fast-paced technology industry, as well as their own experience as founders, to help companies scale.

Invests inSector AgnosticCanadaNorth AmericaToronto

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
HQ
Toronto, ON, CA
Instruments
Equity
Tracked investments
51

What they invest in

from 35 of 51 portfolio companies

Consumer ×16Direct to Consumer ×12SaaS ×10Wellness & Fitness ×10AI & Machine Learning ×6Enterprise Software ×5Media & Entertainment ×5FemTech ×4

HQs:Canada×7United States×7Iceland×1

Who they back

founder profiles across 16 portfolio companies
44%
solo founders
7 of 16 mapped founding teams
55%
repeat founders
of 11 founders with career history

Founding team size:solo founder×72 founders×53 founders×4

Where their founders worked beforefrom 11 founders with career history

QuizUp ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×4Techstars ×2

Investments · 51 tracked

founders shown can be your intro path

By year:2022 · 12020 · 12 dated

Hashtagpaidhashtagpaid.comin𝕏✓ verified

#paid operates a creator marketplace that connects brands and content creators for influencer marketing campaigns, along with creative strategy support and post-campaign performance reporting.

Creator EconomyMarketing TechMarketplacesToronto, CA

Bryan Gold(Founder)

Co-investorsTribe CapitalTwo Small Fish VenturesGood News VenturesVanedge CapitalScaleUP Ventures

Alderapparelalderapparel.com
Amicoleamicole.com
Aponoapono.ioin𝕏Acquired

Apono provides an access management platform that replaces standing privileges by granting scoped, just-in-time access at runtime and automatically revoking it.

Cloud ComputingCybersecurityDeveloper ToolsEnterprise SoftwareSaaS

Sara Teare(Founder)Rom Carmel(Founder)inOfir Stein(Founder)in

Co-investors33NAccelMatrixMeron CapitalMindset VentureNew Era Capital Partners+9 more

Arraearrae.com

Arrae sells targeted dietary supplements for women's wellness, covering areas such as gut health, bloating, energy, and mood, sold direct-to-consumer with individual products and subscription bundles.

Direct to ConsumerFemTechWellness & Fitness

Co-investorsSelva VenturesVerity Venture Partners

Astreiaastreia.com
Attn: Graceattngrace.comin𝕏

Attn: Grace designs and manufactures plant-based, skin-safe incontinence products for women, manufactured in carbon-neutral facilities.

Circular EconomyConsumerFemTechHealthtech

Alexandra Fennell(Founder)in

Co-investorsFlybridge Capital PartnersHow Women InvestIngeborg InvestmentsJoyance PartnersKapor CapitalPortfolia+7 more

Avoavo.appin𝕏

Avo is a SaaS analytics governance platform that helps product managers, developers, and data scientists plan, track, and govern product analytics.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSReykjavík, IS

Stefania Olafsdottir(Founder/CEO)inSölvi Logason(Founder)inSolvi Logason(Founder)in

Co-investorsHeavybitNotable CapitalY CombinatorBrunnur Ventures GPVentureSouqAlleyCorp+7 more

Avvinueavvinue.com

The page is a Vietnamese-language online gambling/gaming portal ("Hit Club") promoting real-money card games, casino, slots, fishing games, and lottery-style betting, along with app download and deposit/withdrawal instructions.

Bird&Bebirdandbe.com𝕏

Bird&Be is a fertility and prenatal supplement brand offering research-backed vitamin packs developed by fertility doctors and naturopaths for people trying to conceive, covering conception, pregnancy, postpartum, and male fertility.

Direct to ConsumerFemTechWellness & Fitness

Co-investorsBAM VenturesMontage Capital

Blumeblume.com𝕏

Blume is a skincare brand offering all-natural, anti-inflammatory products formulated for sensitive, acne-prone skin, such as its Meltdown oil.

ConsumerDirect to ConsumerHealthtechWellness & Fitness

Taran(Co-founder)Bunny(Co-founder)Bunny Ghatrora(Founder)inTaran Ghatrora

Co-investors500 GlobalFelicis VenturesThe 51 VenturesUpHonest CapitalBlume VenturesLOI Venture+1 more

Blumeitsblume.comin

Blume is a consumer food and beverage brand whose products include SuperBelly, a gut-health drink mix containing Bacillus coagulans probiotics.

ConsumerDirect to ConsumerWellness & Fitness

Co-investorsScaleGood Fund LP (powered by TELUS)The 51 Ventures

Browngirlmagazinebrowngirlmagazine.com𝕏

Brown Girl Magazine is a digital media publication covering culture, identity, and community for South Asian people living in the diaspora.

ConsumerMedia & Entertainment

Calicolabscalicolabs.comin𝕏

Calico is a research and development company studying the biology of aging and translating those insights into potential medicines for age-related diseases.

AI & Machine LearningBiotechLongevity

Commonheircommonheir.comin

Common Heir was a luxury skincare brand offering inclusive, sustainable skincare products designed to be safe and effective for a broad range of consumers.

ConsumerDirect to ConsumerSanta Monica, US

AngelaCary

Daily Blendsdailyblends.comin𝕏

Daily Blends prepares chef-made meals, wraps, sandwiches, and curated snacks in an HACCP-approved, SQF-certified kitchen, with diet-specific options such as vegan, gluten-free, and halal.

ConsumerFoodTech

Co-investorsFlair Ventures

Fablefablehome.coin

Vancouver-based direct-to-consumer tableware and home decor brand selling ceramics, glassware, stemware and flatware.

Wellness & FitnessVancouver, CA

Co-investorsTechstarsFive Elms CapitalK3 Ventures

Haloohaloo.coin

Haloo provides AI-based trademark search and clearance tools for law firms, naming agencies, and enterprises.

AI & Machine LearningLegalTechSaaS

Houseofwisehouseofwise.coin𝕏

House of Wise makes CBD gummies marketed for sleep, stress relief, and libido, sold directly to women and men as daily wellness rituals.

ConsumerDirect to ConsumerWellness & Fitness

Joinwavyjoinwavy.com

Co-investorsGarage Capital

Koblecareskoblecares.com𝕏

Co-investorsPanache Ventures

Locallovelocallove.ca
Mentorlymentorly.coin𝕏

Mentorly is a mentorship platform that uses AI to match mentors and mentees and automates program administration, scheduling, and communications.

AI & Machine LearningHR TechSaaS

MyFomyfo.techin

MyFO is a family office platform for consolidating and reporting on assets, offering multi-level portfolio reporting with breakdowns by asset class, currency, and geography, plus secure document management organized by entity with role-based access.

FintechSaaS

Co-investorsThe 51 Ventures

Mypaumemypaume.com

Paume is a hand care brand offering plant-based, vegan formulas for hand hygiene, hydration, and anti-aging, alongside refillable dispensers and accessories.

ConsumerDirect to ConsumerE-commerce

Co-investorsBoxOne Ventures

Noteablenoteable.ioJun 2020

Cupertino, US

Michelle Ufford(Executive Officer, Director)

BoardAaref Hilaly(Director)

Co-investorsWing

Obanjobanj.com
Objobj.cain𝕏

OBJ (Ottawa Business Journal) is a business news and data publisher covering companies, people and issues affecting businesses in Ottawa and Eastern Ontario.

Media & EntertainmentOttawa, CA

Peggypeggy.com𝕏

Peggy is a mobile app for iOS and Android where people can view, learn about, buy, and sell art, including works from individual artists and gallery partners.

ConsumerMarketplacesMedia & Entertainment

Adam Meghji(Founder)in

Co-investorsEntrepreneur VenturesGarage CapitalZ Venture CapitalNomad Capital

Preqlpreql.cominMar 2022

Preql provides AI agents that help enterprises clean, transform, and build semantic layers from messy, siloed data through natural language interaction, eliminating the need for specialized technical expertise.

AI & Machine LearningData & InfrastructureEnterprise SoftwareBrooklyn, US

Gabriella Steele(Executive Officer, Director)Leah Weiss(Executive Officer, Director)

Co-investorsAvid VenturesBessemer Venture PartnersGround Up Ventures

SalonScale Technology Inc.salonscale.comin

SalonScale offers backbar management software that lets salon owners track the exact cost of products used, manage inventory, and improve profitability.

ConsumerRetail TechSaaSWellness & Fitness

Alicia Austin(Founder & CEO)Alicia Soulier(Founder)

Co-investorsCo.LabsGolden Opportunities FundGraphite Ventures

Select Starselectstar.comin𝕏Acquired

Select Star offers an automated data catalog that lets teams search, document, and understand their data assets, with features like a business glossary, data lineage, popularity metrics, and entity relationships.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSSan Francisco, US

SHINJI KIM(Executive Officer, Director, Promoter)

Co-investorsBowery CapitalCardinia VenturesData TechSozo VenturesLightspeed Venture PartnersPebblebed

Sheertexsheertex.com

Sheertex makes sheer tights knit with rip-resistant fibers designed to be more durable than ordinary tights.

ConsumerDirect to ConsumerNew Materials

Sheflyapparelsheflyapparel.comin

Gnara (Shefly Apparel) makes outdoor and activewear pants, shorts, and leggings featuring a patented GoFly pee zipper that lets wearers relieve themselves outdoors without removing clothing.

ConsumerDirect to ConsumerFemTech

Sidiathebrandsidiathebrand.com

Sidia is a direct-to-consumer beauty and personal care brand offering products such as body wash, body cream, body mist, and solid perfume.

ConsumerDirect to ConsumerE-commerce

Softservicessoftservices.co

Soft Services is a body care brand that develops products for skin below the neck, including physical and chemical exfoliants, softening lotions, retinol serums, and overnight hand repair treatments.

ConsumerDirect to ConsumerWellness & Fitness

SpaceRydespaceryde.comin𝕏Defunct

SpaceRyde develops reusable spacecraft that deploy via stratospheric balloon and establish an orbital network to perform cargo transport and on-demand in-space services such as refueling, deep-space missions, and debris removal.

Advanced ManufacturingHardwareSpace TechSan Francisco, US

Sohrab Haghighat(Founder)in

Co-investorsPi CampusY Combinator

Spheresphere.guide
Storyboltstorybolt.com

Co-investorsElevate Ventures

Tall Poppytallpoppy.comin𝕏

Tall Poppy provides digital safety tools and incident response services designed to protect individuals from online harassment and attacks.

Enterprise SoftwareHR TechOttawa, CA

Leigh Honeywell(Founder/CEO)inLogan Dean(Founder/CTO)inL G Dean(Executive Officer)

Co-investorsY CombinatorInner Loop Capital

The Folklorethefolklore.comin𝕏

The Folklore is an all-in-one platform enabling small brands to sell across multiple marketplaces, social platforms, and search engines from a single dashboard, while offering AI-powered marketing tools and international fulfillment services.

AI & Machine LearningB2B MarketplacesE-commerceMarketing TechSaaSWellness & FitnessNew York City, US

Amira Rasool(Founder & CEO)

Co-investorsBlack Tech Nation VenturesFab Co-Creation Studio VenturesTechstarsBenchstrength PartnersFearless FundSlauson & Co.

The Juggernautthejuggernaut.comin𝕏

The Juggernaut is a media technology company that publishes original journalism about South Asia and the South Asian diaspora, targeting both diaspora communities and general readers interested in the region.

ConsumerMarketing TechMedia & EntertainmentNew York City, US

Snigdha Sur(Founder)in

Co-investorsBackstage CapitalY CombinatorPrecursor Ventures

Thesnackappthesnackapp.com

Co-investorsGarage Capital

Thestarthestar.com𝕏

The Star (thestar.com) is a Toronto-based news publication covering provincial politics, sports, and local issues such as housing affordability.

Media & EntertainmentToronto, CA

Threeshipsbeautythreeshipsbeauty.cain𝕏

Three Ships is a skincare brand offering natural, dermatologist-tested formulas marketed as clean beauty products for consumers.

ConsumerDirect to ConsumerWellness & Fitness

Walowalo.app
WETHOSwethos.co

Wethos is an all-in-one software platform that helps freelancers and small creative studios manage their businesses through tools for pricing, proposal creation, invoicing, and payments.

Creator EconomyFuture of WorkSaaS

Summer Lambert(Founder)RachelRachel Renock(Founder)in

Co-investors27V (Twenty Seven Ventures)Clocktower VenturesFlybridge Capital PartnersLoup VenturesOutbound VenturesOverton Venture Capital+5 more

Willful Legal Techwillful.coin𝕏

Willful operates an online estate planning platform that guides individuals through creating legally valid wills and power of attorney documents.

FintechLegalTechSaaS

Erin Bury(Co-founder & CEO)inKevin Oulds(Co-founder & Head of Research and Innovation)inJulia Wilkie(Head of Customer Experience and Operations)inChris Long(Head of Product)in

Co-investorsFounderFuelMaRS Investment Accelerator Fund (IAF)TacticoMaRS

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Backbone Angels made?
Backbone Angels has 51 tracked investments.
What stage does Backbone Angels invest at?
Backbone Angels invests at the Pre-Seed, Seed stages.
What sectors does Backbone Angels focus on?
Backbone Angels focuses on Sector Agnostic.
Where is Backbone Angels located?
Backbone Angels is headquartered in Toronto, CA.
Who does Backbone Angels co-invest with?
Backbone Angels most often shares deals with Y Combinator, Flybridge Capital Partners, MaRS Investment Accelerator Fund (IAF), among 76 tracked co-investors.

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