Backbone Angels
Angel networkToronto · Pre-Seed–Seed
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.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 35 of 51 portfolio companiesConsumer ×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 companiesFounding 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
Investments · 51 tracked
founders shown can be your intro pathBy year:2022 · 12020 · 12 dated
#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
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
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
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
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
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&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
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
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
Brown Girl Magazine is a digital media publication covering culture, identity, and community for South Asian people living in the diaspora.
ConsumerMedia & Entertainment
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
Co-investorsOntario Centre of Innovation programs
Co-investorsBlack Jays VenturesFemale FoundersNew Theory VenturesTrust FundBeliadeSoGal Ventures
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 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
Vancouver-based direct-to-consumer tableware and home decor brand selling ceramics, glassware, stemware and flatware.
Wellness & FitnessVancouver, CA
Co-investorsTechstarsFive Elms CapitalK3 Ventures
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
Co-investorsGarage Capital
Co-investorsPanache Ventures
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
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
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
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 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 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
Sheertex makes sheer tights knit with rip-resistant fibers designed to be more durable than ordinary tights.
ConsumerDirect to ConsumerNew Materials
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
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
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
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
Co-investorsElevate Ventures
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 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 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
Co-investorsGarage Capital
Three Ships is a skincare brand offering natural, dermatologist-tested formulas marketed as clean beauty products for consumers.
ConsumerDirect to ConsumerWellness & Fitness
Co-investorsFrazier Healthcare Partners
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 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
Fable · techtimes.com · Aug 12, 2026

Peggy · foxnews.com · Aug 12, 2026

Blume · indianstartupnews.com · Jul 18, 2026
Apono · securityweek.com · Jun 25, 2026
Tall Poppy · aniobrien.substack.com · Jun 21, 2026
The Juggernaut · animalpolitics.substack.com · May 2, 2026
Avo · en.wowtale.net · Apr 18, 2026
Select Star · leadsontrees.com · Dec 2, 2025
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.
Similar investors
4DI Ventures was co-founded by repeat tech operator and ESET Southern Africa founder Justin Stanford, giving it unusually deep cybersecurity and software operating experience rather than a purely financial background, and originated from Stanford's own angel-investing experiments that directly led to both the firm's creation and the launch of the Silicon Cape Initiative. The firm explicitly describes its style as "nurture capital" with intensive, hands-on engagement, and Stanford is vocal about avoiding the "unicorn at all costs" mentality in African tech, instead emphasizing sustainable market readiness and fundamentals in a more conservative, durability-focused investment approach.
8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.
AirTree Ventures runs Pathfinders, a free four-week in-person program in Sydney for young builders (high-school graduates up to age 23) to work on a real product, access the AirTree team and founders, and build a peer network.
August Capital is a venture capital firm that invests in a small number of companies, providing hands-on support to entrepreneurs building their businesses.
B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.





















.jpeg)