Fundraising Fox

Esplanade Ventures

Venture capital

Toronto · Pre-Seed–Series B · 11 people tracked

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Investment thesis

Esplanade Ventures backs early-stage and high-growth digital health companies redefining healthcare delivery across North America, with a strong preference for AI-enabled software solutions that directly impact patients or healthcare professionals. The firm invests from seed to Series A rounds, with selective Series B participation and follow-on investment, and will lead, co-lead, or follow. It explicitly avoids invasive devices and biotech. Beyond capital, the team—composed of healthcare operators, founders, and investors with decades of collective experience and a network spanning North America, Europe, and Israel—provides hands-on guidance, commercial introductions, and go-to-market strategy to portfolio companies commercializing in North America.

Invests inAI & Machine LearningBiotechDigital HealthEnterprise SoftwareHealthtechMedical DevicesSaaSCanadaEuropeIsraelNorth AmericaTorontoUnited States

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Series B
HQ
Toronto, QC, CA
Leads rounds
Leads
Instruments
Equity
Founded
2019
AUM
$17M

Team · 11 people

from the firm's website & public directories
Dr. Sheldon Elman· Co-Founder & Chairman

Physician and co-founder serving as Chairman, with over 45 years of experience in healthcare.

Stuart M. Elman· Co-Founder

Co-founder with over 20 years of experience in healthcare.

Alexandre Nossovskoi· Principalin

Principal with over 10 years of experience across venture capital, innovation, and healthcare.

Josh Blair· Venture Partner

Venture Partner with over 15 years of experience in healthtech.

Dr. Yosef Berlyand· Advisor

Physician and Advisor with over 12 years of experience in healthcare.

Kavuchaljan Ganesathasan· VP Finance

VP Finance with over 6 years of experience in healthcare and public accounting.

Simon Kennedy· Senior Advisor

Senior Advisor with over 36 years in public service and policy, including 6+ years in healthcare.

Frequently asked questions

What stage does Esplanade Ventures invest at?
Esplanade Ventures invests at the Pre-Seed, Seed, Series A, Series B stages.
What sectors does Esplanade Ventures focus on?
Esplanade Ventures focuses on AI & Machine Learning, Biotech, Digital Health, Enterprise Software, Healthtech, Medical Devices, SaaS.
Where is Esplanade Ventures located?
Esplanade Ventures is headquartered in Toronto, CA.
Does Esplanade Ventures lead rounds?
Yes, Esplanade Ventures leads investment rounds.

Co-investors · 6

Vensana Capital

Vensana Capital is a venture capital and growth equity investment firm focused on partnering with entrepreneurs building breakthrough medical technology innovations to transform healthcare.

Distributed Ventures

Distributed Ventures is an early-stage venture firm that leads Seed and Series A investments in companies innovating across the health, insurance, and wealth risk ecosystems.

$1M – $5M
Harmonix Fund

Harmonix is an early-stage venture capital firm focused on advancing human health and quality of life by backing entrepreneurs and companies in healthcare, life sciences, and deep tech.

Boehringer Ingelheim Venture Fund

Boehringer Ingelheim Venture Fund, established in 2010, invests in biotechnology companies developing therapeutics in immuno-oncology, regenerative medicine, and gene therapy, including platform technologies and novel vaccines. The fund targets early-stage companies addressing unmet medical needs through translational research and scientific innovation.

$16.2M
quadraScope Venture Fund

quadraScope invests in healthcare companies developing pharmaceuticals, diagnostics, software, equipment and devices that address the biological hallmarks of aging through biological age reversal and longevity research.

Vistara Growth

Vistara Growth is a technology-focused financing firm that partners with growth-stage companies, providing capital as both a lender and an equity partner.

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

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