Fundraising Fox

DMZ

Accelerator

Toronto · Pre-Seed–Seed · 26 people tracked

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Investment thesis

DMZ backs early-stage tech founders from first prototype through global scaling, providing customized one-on-one mentorship, access to a network of investors and mentors, and community and networking support. It runs structured programs including an 18-month Incubator, a 9-month Pre-Incubator, and specialized courses. DMZ promotes a 'camel' philosophy—encouraging founders to build lean, resource-efficient, and adaptable companies designed for long-term durability rather than the rapid, resource-heavy growth associated with 'unicorns.' It also offers learning programs to help students and professionals gain industry-relevant skills and certifications.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
HQ
Toronto, CA
Leads rounds
Follows
Instruments
Equity
Founded
2010
Portfolio companies
23

Team · 26 people

from the firm's website
Ipek Isler· Co-founder, CEO

Co-founder and CEO of portfolio company AEOVision.

Kairat Zholdasbekov· Co-founder & CTO

Co-founder and CTO of portfolio company Arbling.

Leigh Newman

Associated with portfolio company Aretek.

Linda Francis

Associated with portfolio company Aretek.

Mehdi Karamnejad· CTO

CTO of portfolio company ARKI.

Shrianand Misir· CEO

CEO associated with portfolio company Access2Pay.

Yevgeniy Makhmutov· Co-founder & CEO

Co-founder and CEO of portfolio company Arbling.

Randy Howard· VP of IT and Customer Success

VP of IT and Customer Success at portfolio company Aravenda.

Tanya Darisi· Manager, Startup Legal Support Centre

Founder mafia

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

What they invest in

from 13 of 23 portfolio companies

AI & Machine Learning ×6EdTech ×5SaaS ×5Construction Tech ×3Advanced Manufacturing ×2Cloud Computing ×2E-commerce ×2Hardware ×2

HQs:Canada×3United States×1

Portfolio companies · 23 tracked

alumni founders can tell you what the program is really like
2020 Armor2020armor.com

Co-investorsYork Angel Investors Inc.

42 Technologies

End-to-end omnichannel data analytics and reporting platform for the retail industry.

Co-investorsInnolinks Ventures

Access2Payaccess2pay.com
AccessNowaccessnow.ca
ACTOactoapp.comin

ACTO offers an AI-powered platform for life sciences field teams, unifying training, coaching, certification, and practice to prepare sales reps and medical science liaisons for engaging healthcare professionals.

AI & Machine LearningEdTechHealthtech

Parth Khanna(CEO)

Co-investorsPanache VenturesMaRS Investment Accelerator FundQuesta CapitalSalesforce Ventures

Adam wa Mishmishadamwamishmish.com

Co-investorsDMZ Ventures

Adeptmindadeptmind.aiin

Adeptmind builds generative AI tools for retailers, offering AI-powered merchandising, product discovery, personalization, and marketing/ROAS optimization for e-commerce and omnichannel shopping.

AI & Machine LearningE-commerceRetail Tech

Co-investorsCreative Destruction Lab (CDL)Innospark Venturesnoa

AEOVisionaeovision.aiin𝕏

AEO Vision provides a dashboard to track and monitor brand mentions across AI search platforms including ChatGPT, Perplexity, Gemini, and Claude.

AdTechAI & Machine LearningMarketing Tech

Airtasksairtasks.com

Airtasks is a web-based project coordination platform for construction and design teams that enables task capture, feedback sharing, and issue tracking across drawings, task lists, and 3D models.

Cloud ComputingConstruction Tech

Akindiakindi.com

Akindi provides a cloud-based bubble-sheet scanning and exam-grading system for colleges and universities, letting faculty scan and grade assessments without buying dedicated equipment.

Cloud ComputingEdTechSaaS

Alli Therapyalli.io

Co-investorsDMZ Ventures

Altus Assessments Inc.in

Acuity Insights provides software for higher education institutions to support their mission holistically.

AI & Machine LearningData & InfrastructureEdTechSaaS

Aravenda Consignment Softwarearavenda.comin𝕏

Aravenda provides cloud-based software integrated with Shopify for consignment shops to manage inventory, process consignor payouts, and expand sales online.

Circular EconomyE-commerceLogistics & Supply ChainRetail TechSaaSVienna, US

Carolyn Thompson(Founder)in

Co-investorsDMZ VenturesTechstars

ARB Labs

Provides AI/ML consulting, data analytics, software development, and cloud computing services.

Toronto

Marvin Singer(Director)Andrzej Kepinski(Executive Officer, Director)Debbie Bush(Executive Officer)Brett Story(Director)Connor O'Hearn(Executive Officer)

Arblingarbling.com
Aretekaretek.cain

ARETEK, formerly Printerra, develops additive (3D printing) technologies for the global construction industry.

Advanced ManufacturingConstruction TechDeep TechHardwareToronto, CA

ARKIgetarki.comin

ARKI builds an AI-powered system of record for architecture and engineering (AE/AEC) firms that turns past project design data into a searchable, reusable asset to speed up design work and reduce rework.

AI & Machine LearningConstruction TechEnterprise SoftwareSaaS

Natalia Bakaeva(Co-founder)inMehdi(Co-founder)in

Co-investorsDMZ VenturesAntler

Assetfloassetflo.comin

Assetflo builds IoT solutions that provide businesses with real-time visibility into the location and condition of their assets, inventory, and equipment.

Advanced ManufacturingHardwareIoTLogistics & Supply ChainToronto, CA

Elie Makhoul(Cofounder & CTO)in

Co-investorsDMZ VenturesGreenSky VenturesventureLAB Innovation Centre

Cleanster

Startup supported by DMZ; co-founded by Gloria Oppong, who credited DMZ with mentorship, networking, and pitch development.

DMZ New Yorktorontomu.cain

Toronto Metropolitan University (TMU) is a public university in Toronto, Canada offering 60+ undergraduate degrees, 65+ master's and PhD programs, and continuing education courses, certificates and microcredentials through The Chang School.

EdTechToronto, CA

Co-investorsDMZ VenturesScale AI

Dmzlaunchpaddmzlaunchpad.ca

DMZ Launchpad is a free online skills-development platform offering courses that teach entrepreneurship, from idea to launch, aimed at aspiring and early-stage founders including first-year students.

EdTech

Minuteboxminutebox.comin𝕏

MinuteBox is a legal entity management platform that uses automated workflows and AI to track legal entities and compliance obligations, and also offers contract management, secure data rooms, a board portal and registry services.

AI & Machine LearningLegalTechSaaS

Frequently asked questions

How many investments has DMZ made?
DMZ has 23 tracked investments.
What stage does DMZ invest at?
DMZ invests at the Pre-Seed, Seed stages.
What sectors does DMZ focus on?
DMZ focuses on Sector Agnostic.
Where is DMZ located?
DMZ is headquartered in Toronto, CA.
Does DMZ lead rounds?
DMZ typically participates in rounds rather than leading them.
Who does DMZ co-invest with?
DMZ most often shares deals with DMZ Ventures, Creative Destruction Lab (CDL), Panache Ventures, among 15 tracked co-investors.

Media · Podcasts & interviews

from their channel

DMZ | Abdullah Snobar reflects on his 10-year anniversary

DMZ

DMZ | Siakam EdTech Engine Demo Day 2025

DMZ

DMZ | Meet the A team — Our new Advisory Council

DMZ

Images

DMZ photoDMZ photoDMZ photoDMZ photoDMZ photoDMZ photo

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