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Brightspark Ventures

Venture capitaloperating company · company profile

Montreal · Pre-Seed–Late Stage · 17 people tracked

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Investment thesis

Invests in early-stage tech via launching and incubating companies plus deal-by-deal SPVs, offering founders operational launch support and access to a 600+ Canadian accredited investor network.

Invests inEnterprise SoftwareSaaSSector AgnosticCanadaMontreal

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
HQ
Montreal, QC, CA
Leads rounds
Follows
Instruments
Equity
Founded
1999
Last 12 months
1 investment
AUM
$386M
Tracked investments
28

Team · 17 people

from the firm's website & curated & public directories
Alexandra Johnstone· Marketing & Communications Managerin

Leads marketing and communications to build the firm's distinctiveness and reputation.

Founder mafia

2 people who came through Brightspark Ventures went on to found or lead other companies.

What they invest in

from 21 of 28 portfolio companies

AI & Machine Learning ×9Data & Infrastructure ×5Enterprise Software ×5SaaS ×5Deep Tech ×4Hardware ×4IoT ×3Cloud Computing ×2

HQs:Canada×7United States×4

Who they back

founder profiles across 8 portfolio companies
63%
solo founders
5 of 8 mapped founding teams

Founding team size:solo founder×52 founders×3

Investments · 28 tracked

founders shown can be your intro path

By year:2026 · 12025 · 12024 · 12023 · 12022 · 12019 · 12016 · 17 dated

Hopperhopper.comNov 2016

Travel technology company partnered with Capital One Travel.

Montreal

Frederic Lalonde(Founder & CEO)

Board seatSophie Forest· per SEC Form D

Co-investorsAccompliceCapital One VenturesDream Maker VenturesDrive CapitalInovia CapitalKensington Capital Partners Limited+6 more

Trulioo Information ServicesJan 2022SEC filingmedium confidence

Vancouver

Stephen Ufford(Executive Officer, Director)Tanis Jorge(Director)Dan Levine(Director)David Blumberg(Director)

Board seatAndrew Lugsdin· per SEC Form D · $394M raise · filed Jan 2022

Co-investorsTCV

AdHawk Microsystemsadhawkmicrosystems.com

Co-investorsDream Maker VenturesSony Ventures Corporation

Black Ducksynopsys.comin𝕏

Synopsys provides design automation tools and intellectual property for semiconductor and electronics companies to develop smart, connected devices.

Developer ToolsEnterprise SoftwareSemiconductorsBurlington, US

Doug Levin(Founder)Aart de Geus(Founder)inStephen N. Gregorio(Executive Officer)Philip B. Granof(Executive Officer)William NMN Ledingham(Executive Officer)Norman L. Shipley(Executive Officer, Director)

Co-investorsAsset Management CompanyCrosslink CapitalDataTribeDifferential VenturesF-Prime CapitalFrancisco Partners+10 more

Brickeyebrickeye.comin𝕏Jan 2026 · $10M

Brickeye provides an IoT-enabled construction risk intelligence platform that combines ruggedized job site sensors, connectivity, and software to detect site conditions and issue early warnings.

Construction TechInsurTechIoT

Co-investorsGraphite VenturesGreenSky VenturesStartup TNTMaRS Investment Accelerator Fund

Buybackboothbuybackbooth.comin

BuyBackBooth builds AI-powered kiosks for smartphone diagnostics, grading, and valuation, used for trade-ins, repairs, insurance and warranty claims, refurbishing, and recycling.

AI & Machine LearningCircular EconomyHardwareRetail Tech

by Axonifynudgerewards.comin𝕏acquired by Axonify

AI & Machine LearningEdTechHR TechSaaS

Callia Inc.callia.com

Co-investorsGolden Opportunities Fund

Canada Postcanadapost.ca

Canada Post is Canada's national postal service, offering package delivery, tracking, delivery notifications, flat-rate shipping boxes, post office pickup, and business shipping services.

E-commerceLogistics & Supply ChainMarketplaces

Classcraftclasscraft.com

Co-investorsAmplify CapitalAngels of ManyWhitecap Venture Partners

Coralcoral.ca

Montréal, CA

Fiona Lake Waslander(Founder)

Co-investorsDiagramThe 51 Ventures

Data Sentineldata-sentinel.comin

Data Sentinel provides an enterprise data governance platform that discovers, classifies, and monitors sensitive data across cloud, SaaS, and on-premises systems, enforces access, retention, and AI-usage policies, and automates compliance with regulations such as GDPR, CCPA, and HIPAA.

AI & Machine LearningCybersecurityData & Infrastructure

Co-investorsSentiero Ventures

Deep Skydeepskyclimate.comin𝕏Nov 2023

Deep Sky develops carbon removal technology, leveraging geological expertise and subsurface engineering to address climate change.

AI & Machine LearningCleantechClimate TechDeep TechInnisfail, CA

Joost Ouwerkerk(Founder)in

Co-investorsOMERS VenturesPanache VenturesWhitecap Venture Partners

Elevateelevate.farm

Elevate Farms designs, builds, and operates autonomous, closed-loop vertical-farming technology derived from NASA space research, growing pesticide-free leafy greens locally to reduce water use, labour, and transport.

AgTechFoodTechRobotics

Co-investorsWestBridge Capital

Flynectairflynectair.com

NectAir is an air taxi service that books entire small aircraft (Piper M600/700, up to 4 passengers) for direct short-haul business flights, using a network of over 1,000 regional and executive airports.

Mobility & TransportationTravel & Hospitality

Haveniaqhaveniaq.comin

HAVEN provides a whole-home indoor air quality (IAQ) monitoring and management platform, offering homeowners visibility into their home's air conditions and enabling HVAC service providers to diagnose and address IAQ issues.

HardwareIoTWellness & Fitness

Informaticainformatica.comin𝕏

Informatica offers the Intelligent Data Management Cloud, a metadata-driven platform for enterprise data management across multi-cloud and hybrid environments.

Cloud ComputingData & InfrastructureEnterprise Software

Gaurav Dhillon(Co-founder & CEO)in

Co-investorsCPP InvestmentsPermira

Nanomagneticsnanomagnetics.com

Nanomagnetics develops magnet-based hardware and products, including Nanoport technology for connecting devices as modular magnetic building blocks, Nanodots precision-milled neodymium magnet spheres, and magnetic motion experiments like MEGA marbles.

Deep TechHardwareNew Materials

Nanoportnanoport.io

NanoPort develops hardware technology solutions for mobile and electronic devices, including magnetic wireless connectors that share power and data, impact-based haptics, multi-device connectivity and orchestration, and grip-based input methods.

Deep TechHardwareIoT

Co-investorsSignalFireHorizons VenturesKensington Capital Partners Limited

NanoRepgenesys.comin𝕏

Genesys provides a cloud-based platform for customer experience and contact center operations, including AI-powered tools for customer service.

AI & Machine LearningCloud ComputingEnterprise SoftwareSaaS

Paul Segrein

Co-investorsNFX

Optableoptable.coinJan 2025 · $20M

Optable provides a cloud-based platform for identity, audience, and data collaboration that lets publishers, media companies, and advertisers own, enrich, and monetize their first-party data while maintaining privacy.

AdTechData & InfrastructureMarketing TechLos Angeles, US

Yves PoiréVlad StesinBosko MilekicWilliam Glasgow Phillips(Executive Officer, Director)

Co-investorsasterXDeloitte VenturesDesjardins CapitalHearst Ventures

Potential Motorspotentialmotors.cominMay 2024 · $2M

Potential Motors builds vehicle software using cameras, radar or lidar and AI to interpret terrain and pre-emptively adjust driveline, suspension and torque settings for off-road driving.

AI & Machine LearningMobility & TransportationFredericton, CA

Sam Poirier(Cofounder)

Co-investorsBuild VenturesNew Brunswick Innovation Foundation

Potlocpotloc.comin𝕏Jul 2019

Potloc operates an AI-assisted, expert-led survey platform that uses social media sampling to source respondents and deliver primary market research insights.

AI & Machine LearningData & InfrastructureSaaSMontreal, CA

Rodolphe Barrere(Co-Founder & CEO)inLouis Delaoustre(Co-Founder & COO)Julien Smith(Director)

BoardVidal Romain(Director)Jaccques Perreault(Director)

Co-investorsFirst Ascent VenturesEcofuel FundCAP HORN VCDesjardins Capital

Prevu3Dprevu3d.comin

Prevu3D offers a digital twin platform that turns reality-capture and 3D scan data into editable, browser-based 3D environments connecting engineering, manufacturing, and operations.

Advanced ManufacturingEnterprise SoftwareSaaS

Co-investorsMcRock CapitalCycle CapitalDesjardins Capital

Valence Discoveryvalencediscovery.comin𝕏acquired by Recursion

Using few-shot learning to design better drug candidates, faster

AI & Machine LearningBiotechData & InfrastructureDeep TechHealthtechMontréal, CA

Co-investorsAir Street CapitalAmplify CapitalFounderFuelFront Row VenturesPanache VenturesTechstars+1 more

Vetstervetster.comin

Vetster is an online veterinary telehealth platform that connects pet owners with licensed veterinarians for 24/7 video appointments and messaging, along with diagnoses, care plans, and prescriptions through its VetsterRx pharmacy.

ConsumerDigital HealthMarketplaces

Mark Bordo(Founder)Regan Johnson(Founder)

Co-investorsKensington Capital Partners LimitedWhitecap Venture Partners

Wysdomwysdom.aiin𝕏Acquired

Wysdom (part of the Verint CX Automation Platform) provides chatbot and conversation analytics software that captures interaction data from voice and digital bots and surfaces KPIs like containment rate, cost per chat, and customer experience in a unified dashboard.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsMindset VentureExtreme Venture PartnersMantella Venture PartnersScaleUP Ventures

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 2

IPOs and acquisitions across the tracked portfolio

by Axonifyacq. by AxonifyValence Discoveryacq. by Recursion

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Brightspark Ventures made?
Brightspark Ventures has 27 tracked investments, 2 of which have exited via acquisition or IPO, including 2 dated in the last 24 months.
What stage does Brightspark Ventures invest at?
Brightspark Ventures invests at the Pre-Seed, Seed, Series A, Series B, Late Stage stages.
What sectors does Brightspark Ventures focus on?
Brightspark Ventures focuses on Enterprise Software, SaaS, Sector Agnostic.
Where is Brightspark Ventures located?
Brightspark Ventures is headquartered in Montreal, CA.
Does Brightspark Ventures lead rounds?
Brightspark Ventures typically participates in rounds rather than leading them.
Who does Brightspark Ventures co-invest with?
Brightspark Ventures most often shares deals with Whitecap Venture Partners, Amplify Capital, Differential Ventures, among 65 tracked co-investors.

Media · Podcasts & interviews

from their channel

Brightspark Investor Spotlight | Randy

Brightspark Ventures

Brightspark Investor Spotlight | Sandy

Brightspark Ventures

What is Brightspark Ventures?

Brightspark Ventures

Images

Brightspark Ventures photo

Co-investors · 3

OMERS Ventures

OMERS Ventures is a venture capital firm that invests in founders globally, with investment teams based in New York, Palo Alto, and Toronto.

Both backed · 2
$5M – $25M
Accomplice

Accomplice is a venture capital firm that has backed early-stage companies across sectors, having been part of the origin stories of companies like AngelList, DraftKings, Patreon and WHOOP.

Both backed · 1
$5M – $25M
Breakpoint Capital

Breakpoint Capital is a seed-stage venture firm that invests from company inception through Series A, pairing capital with hands-on operational support as company builders.

Firms observed investing alongside Brightspark Ventures, from public investor directories. Shared companies are the overlap with Brightspark Ventures's recorded portfolio.

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