Fundraising Fox

Garage Capital

Venture capitaloperating company · company profile

Waterloo · Pre-Seed–Series A · 3 people tracked

Find your way into Garage Capital

10,866 people in our graph share verified history with the Garage Capital team — schools, employers, funds. One of them is your warm intro.

Harley Finkelsteinunlockedknows Mike McCauley · together at C100 Association (overlapped)
knows the team · via C100 Association
×9knows the team · via Y Combinator
knows the team · via Cypress Semiconductor
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Investment thesis

Invests in early-stage companies in the Waterloo area.

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Series A
HQ
Waterloo, ON, CA
Leads rounds
Follows
Instruments
Equity
Founded
2013
Last 12 months
6 investments
AUM
$56M
Tracked investments
204

Team · 3 people

from curated & public directories

Founder mafia

3 people who came through Garage Capital went on to found or lead other companies.

What they invest in

from 154 of 204 portfolio companies

SaaS ×69AI & Machine Learning ×65Enterprise Software ×53Fintech ×20Consumer ×19Data & Infrastructure ×19Hardware ×18Cloud Computing ×17

HQs:United States×55Canada×49United Kingdom×1Kenya×1

Who they back

founder profiles across 85 portfolio companies
38%
solo founders
32 of 85 mapped founding teams
53%
repeat founders
of 131 founders with career history
~2 yrs
old at investment
median across 14 dated deals

Founding team size:solo founder×322 founders×403 founders×94+ founders×4

Where their founders studiedfrom 121 founders with education data

University of Waterloo ×27University of Toronto ×9Queen's University ×5Concordia University ×4Massachusetts Institute of Technology ×4Carnegie Mellon University ×3Dalhousie University ×3Ivey Business School at Western University ×3

Where their founders worked beforefrom 131 founders with career history

University of Waterloo ×7Creative Destruction Lab ×5Goldman Sachs ×5Shopify ×5Square ×4Heroku ×3Top Hat ×3AMD ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×35Techstars ×7500 Global ×2Plug and Play Ventures ×2

12 founders hold a PhD · 11 hold an MBA (of 123 with degree data) · backed the same founder in 2+ companies: 3 founders

Investments · 204 tracked

founders shown can be your intro path

By year:2026 · 52025 · 42024 · 12023 · 12022 · 72021 · 32020 · 12017 · 22016 · 22015 · 12014 · 128 dated

Dropboxdropbox.comin𝕏Nasdaq: DBXJan 2014

Dropbox is a cloud storage and file synchronization platform that helps teams organize files, reduce busywork, and collaborate efficiently.

Cloud ComputingEnterprise SoftwareFuture of WorkSaaSSan Francisco, US

Drew Houston(Co-Founder and Co-CEO)inArash Ferdowsi(Co-founder & CTO)inAli Dasdan(Chief Technology Officer (joined March 2025))inRoss Tennenbaum(Chief Financial Officer (joined December 2025))inMike Torres(Chief Product Officer (joined July 2026, previously at Google))inBoon Lai(Chief Marketing Officer (joined May 2026))in

Co-investorsAccelBenchmarkBlackRockFelicis VenturesGreylock PartnersIndex Ventures+7 more

Imaximax.comNYSE: IMAX
Canada Rocket Companycanadarocketcompany.comin✓ verified

Canada Rocket Company designs and builds orbital launch vehicles and rocket engines in Canada, including the R-Series fleet with up to 12,500kg lift capacity and the E-1 methalox (LOX/liquid methane) engine.

Deep TechDefense TechSpace Tech

Hugh Kolias(CEO)David Tenny(CTO)

Co-investorsBDC Seed Venture FundNorthside VenturesPanache VenturesSpace Capital

Careguidecareguide.comin𝕏✓ verified

CareGuide operates online marketplaces that connect people seeking care services with qualified caregivers across various verticals including pet care, home services, and childcare.

ConsumerDigital HealthHealthtechHR TechMarketplacesSaaSToronto, US

John GreeninAli Dinani(Chief Executive Officer)inKen Scott(Chief Financial Officer)inEmir Hasanbegovic(Chief Technology Officer)in

BoardJesse Rasch

Co-investors500 GlobalInovia CapitalStructure CapitalPlaza Ventures

Postilizepostilize.comin✓ verified

Postilize Signals is a business intelligence platform that monitors thousands of real-time business events and matches them to law firm clients and prospects to identify legal opportunities before RFPs are issued.

AI & Machine LearningLegalTechSaaSSales TechNew Brunswick, CA

Co-investorsNorthside VenturesFJ LabsN49PEast Valley Ventures

Aalo
Aalo Atomicsaalo.comin𝕏

Aalo develops advanced nuclear reactor technology aimed at producing electricity at under 3 cents per kilowatt-hour.

Climate TechDeep TechEnergyHardware

Matt(Co-founder)inYasir(Co-founder)in

Co-investorsAlumni VenturesBasecamp FundBlack FlagBrave CapitalCrosscut VenturesDash VC+24 more

Absorb LMSabsorblms.comin𝕏

Absorb LMS provides learning management system software.

AI & Machine LearningEdTechEnterprise SoftwareHR TechSaaS

Co-investorsGolub GrowthWCASSilversmith Capital Partners

Acertaacerta.aiin𝕏

Acerta provides an industrial AI analytics platform for discrete manufacturers to identify and resolve production defects early, reducing scrap, rework, and downtime.

Advanced ManufacturingAI & Machine LearningEnergyEnterprise SoftwareKitchener, CA

Greta Cutulenco(Founder)in

Co-investorsBDC Industrial Innovation Venture FundBDC Thrive Venture Fund for WomenBDC Venture CapitalCreative Destruction Lab (CDL)L-SPARKM12 (Microsoft's Venture Fund)+4 more

Ada Supportada.cx

Toronto-based Ada Support builds enterprise AI customer service agents that automate resolution across chat, email, voice and messaging.

Co-investorsAccelBessemer Venture PartnersDMZ VenturesFirstMark CapitalGiant Ventures Global LlpSpark Capital

Aemonaemon.aiin𝕏

Aemon builds autonomous AI research systems that solve hard technical optimization problems by self-accelerating experimentation within customer codebases.

AI & Machine LearningDeep TechEnterprise SoftwareSan Francisco, US

Richard Zhou(Founder)inRay Xu(Founder)in

Co-investorsY Combinator

Agoragetagora.com

Co-investorsBling CapitalCRV (Charles River Ventures)

Aideaide.appin𝕏

Aide builds agentic AI agents designed for customer support teams, focusing on accuracy and reliability in customer-facing interactions.

AI & Machine LearningEnterprise SoftwareSaaS

Ziyad Basheerin

Alert Labs Inc. Websitealertlabs.comin𝕏

Alert Labs provides a water leak detection and management system for commercial buildings, using cellular-connected sensors, automatic shut-off valves, and AI-powered analysis to detect leaks and monitor temperature, humidity, and power.

CleantechIoTPropTech

Tom Briggette(Founder)in

Co-investorsWaterloo Accelerator Centre

ALT TEXthealttex.comin𝕏

Develops alternative textile materials to replace polyester and reduce the fashion industry's plastic consumption and carbon emissions.

Advanced ManufacturingBiotechCircular EconomyClimate TechNew MaterialsToronto, CA

Myra Arshad(Founder)inAvneet Ghotra(Founder)in

Co-investorsAmplify CapitalBeresford VenturesPanache VenturesRebel FundSpacecadet VenturesY Combinator

Applied Brain Researchappliedbrainresearch.comin𝕏

Applied Brain Research develops on-device AI technology optimized for resource-constrained edge devices, enabling responsive and energy-efficient AI capabilities.

AI & Machine LearningDeep TechHardwareWaterloo, CA

Co-investorsArchangel Network of FundsRaptor GroupSilicon CatalystTwo Small Fish Ventures

ApplyBoard Inc.applyboard.comin

ApplyBoard operates a platform connecting international students with educational institutions across Canada, the US, UK, Ireland, Australia, and Germany.

AI & Machine LearningB2B MarketplacesEdTechMarketplacesSaaSLondon, CA

Meti Basiri(Founder)inMartin Basiri(Co-Founder and Former Chief Executive Officer)inMassi Basiri(President and Co-Founder)in

Co-investors500 GlobalArtiman VenturesBDC Growth Venture FundCandou VenturesCeltic House Asia PartnersDrive Capital+10 more

Astranisastranis.comin𝕏

Astranis manufactures small, high-powered geosynchronous satellites equipped with advanced digital processing technology for global telecommunications and connectivity services.

Advanced ManufacturingDeep TechHardwareSpace TechSan Francisco, US

John Gedmark(Founder/CEO)inRyan McLinko(Founder/CTO)in

Co-investorsAndreessen HorowitzBlack FlagBoxGroupCantos VenturesCherubic VenturesCommonweal Ventures+37 more

AtlasGridatlasgrid.aiin𝕏

Atlas Grid provides data contextualization and access services.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

Oleg Kostour(Founder)inAram Aghababyan(Founder)inAnton Krutiansky(Founder)in

Co-investorsDniproSterling RoadY Combinator

Automax.aiautomax.aiin

Automax.ai uses mobile LiDAR and computer vision technology combined with AI models to produce residential property appraisals and valuations in under 20 minutes, with results compliant to Fannie Mae and Freddie Mac standards.

PropTechSan Francisco, US

Humza Ahmed(Founder & CEO)in

Co-investorsY Combinator

Avro Life Scienceavrolifesci.com

Avro Life Sciences develops platform technology for novel drug delivery through passive transdermal administration.

BiotechHealthtechMedical DevicesWaterloo, CA

Shak Lakhani(Founder)inKeean Sarani(Founder)in

Co-investorsFifty YearsHeuristic Capital PartnersUpHonest CapitalWaterloo Accelerator CentreY CombinatorEmbark Ventures

Backboardbackboard.ioin𝕏Jan 2026

Backboard builds a workflow system that connects AI models, planning tools, and project context into a unified platform for software teams to collaborate and ship production-grade code.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSSummit, US

Jonathan Flax(CEO)

Co-investorsMistral Venture PartnersN49P

BetterUpbetterup.comin𝕏

BetterUp provides an AI-powered coaching and professional development platform that helps organizations support employee growth and wellbeing.

AI & Machine LearningEnterprise SoftwareHR TechSaaSAustin, US

Alexi Robichaux(Co-founder and CEO)inEduardo Medina(Co-founder and COO)in

Co-investorsAfore CapitalAurumCarnrite VenturesConvergeCrosslink CapitalEvio VC+16 more

BinSentrybinsentry.comin𝕏Jun 2025

BinSentry makes machine-vision sensors that capture 3D images inside feed bins on farms and ingredient bins at mills, feeding real-time level and inventory data into web dashboards.

AgTechAI & Machine LearningIoTKitchener

Ben Allen(Executive Officer, Director)in

BoardJamie Weston(Director)Chuck Warta(Director)Dennis Organ(Director)Jonathan Goodkey(Director)Paul Bell(Director)

Co-investorsLead Edge Capital

Blitzenblitzen.comin𝕏

Blitzen is a lead-capture and marketing automation tool that lets businesses build interactive forms, surveys, and quizzes to convert website visitors into leads.

Marketing TechSaaSSales Tech

Blogblog.googlein

This is Google's official company blog, publishing announcements about its products and initiatives including Gemini AI models, Google Cloud infrastructure, Android, and Google DeepMind robotics research.

AI & Machine LearningCloud ComputingConsumer

Co-investorsBantam Group

Bloombloom.community
Bonfiregobonfire.comin𝕏Acquired

Euna Procurement is an AI-powered procurement software platform designed for government agencies to manage sourcing, contracts, purchasing, and invoicing across the full procurement lifecycle.

AI & Machine LearningEnterprise SoftwareFintechGovTechSaaSON, CA

Corry Flatt(Founder/CEO)Alex Millar(Founder/CTO)

Co-investorsY Combinator

Bracket Botbracket.bot𝕏

Bracket is building professional-grade hardware aimed at developers, priced at consumer levels.

Developer ToolsHardware

Co-investorsBetaworks

BRKAWAYbrkaway.coin

Brkaway provides a platform for managing collaborations between brands, agencies, and creators, handling contracts, delivery schedules, approvals, and invoicing in one place.

Creator EconomyMarketing TechSaaS

Co-investorsGolden VenturesLalotte Ventures

Bufbuf.buildin𝕏

Buf Schema Registry is a package management and registry platform for Protobuf APIs that enables teams to publish, version, and consume API schemas with auto-generated SDKs, documentation, and governance policies.

Cloud ComputingData & InfrastructureDeveloper ToolsSaaS

Co-investorsAbstraction CapitalLux Capital

Buf TechnologiesDec 2021 · $93M

Buf Technologies builds Protobuf-based, schema-driven developer tooling for APIs, including the open-source Buf CLI and Buf Schema Registry.

Buffalo, US

Peter Edge(Executive Officer, Director)

Co-investorsAbstraction CapitalAdditionAmplify Partners CVGreenoaksHaystackLightspeed Venture Partners+2 more

Careerlistcareerlist.comin

A retained executive search firm specializing in recruitment of Sales & Marketing leaders and C-level corporate professionals for US and global companies.

AI & Machine LearningFuture of WorkHR Tech

Cariboucaribouwealth.comin

Move Health pairs healthcare cost intelligence technology with licensed experts to help financial advisors and households plan for healthcare expenses with greater clarity and confidence.

FintechHealthtechInsurTech

Co-investorsN49PAccompliceGaingelsGoldman SachsInnovius CapitalModerne Ventures+1 more

Cariboumedcariboumed.com
Caromeatscaromeats.com

Co-investorsBig Idea Ventures

Censusgetcensus.comin𝕏acquired by Fivetran

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareOakland, US

George Fraser(Co-founder)inTaylor Brown(Co-founder)

Co-investorsAndreessen HorowitzCoalition OperatorsEarl Grey CapitalFjor FoundersRecall CapitalSequoia Capital+1 more

Chitterchitterapp.com

Co-investorsEdmonton Unlimited

Clearcoclear.coin𝕏

Clearco provides funding to e-commerce businesses based on their sales data and revenue performance.

Direct to ConsumerE-commerceFintech

Michele Romanow(Founder)inTanay Delima(Founder)inIvan Gritsiniak(Founder)in

Co-investorsBetter Tomorrow VenturesBow CapitalFounders Circle CapitalFrontline VenturesGolden VenturesInovia Capital+7 more

Clearlineuseclearline.comin𝕏Dec 2022 · $2M

Clearline is an AI-native operating system for dealerships that centralizes customer interactions across sales and service, automating responses and follow-ups.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareRetail TechSaaSKitchener, CA

Adi Patel(Co-founder & CEO)inAbhi Patel(Co-founder & CTO)in

Co-investorsY CombinatorPanache Ventures

Clearpath Roboticsclearpathrobotics.comin𝕏Jul 2016 · $7.5M

Clearpath Robotics builds unmanned vehicles and robotics platforms aimed at making robotics research and development easier for its customers.

Deep TechHardwareRoboticsKitchener

Bryan Webb(Executive Officer, Director)inMatthew Rendall(Executive Officer, Director)

BoardMurray Gamble(Director)Karamdeep Nijjar(Director)inStuart Ellman(Director)inMichael Stork(Director)

Co-investorsKeiretsu ForumKensington Capital Partners LimitedSWO Angel GroupVenture OntarioWaterloo Accelerator CentreBDC Capital Corporation+4 more

CodeGem Inc. Websitecodegem.app

Stephanie Mills(Founder)in

Co-investorsWaterloo Accelerator Centre

Cognitogetcognito.cain𝕏

Cognito is a Canadian online mental health service offering cognitive behavioral therapy and psychiatric care for anxiety, depression, insomnia, and ADHD.

Digital HealthHealthtechMental HealthVictoria, CA

Co-investorsGraphite Ventures

Cognito Healthcognitohealth.cominMar 2024 · $2M

Cognito Health is a medical device manufacturer that uses predictive algorithms to provide contact-free patient monitoring, forecasting adverse events such as falls and pressure injuries before they occur.

AI & Machine LearningDigital HealthHealthtechMedical Devices

Co-investorsNSG VenturesGraphite VenturesSimplex VenturesSpring Impact CapitalStandUp Ventures

Colarecolare.comin

Colare is a hiring platform that provides simulation-based technical assessments for hardtech engineering roles, letting companies evaluate skills through realistic scenarios and rank candidates.

HardwareHR TechSaaS

Commercebearcommercebear.com

Co-investorsInovia Capital

Commitcommit.dev

Co-investorsMyelin VC

Contenflycontentfly.com

Draft was a platform that connected businesses with human writers for content and copywriting needs.

Marketing TechMarketplaces

Co-investorsKube VC

Convictionalconvictional.comin

Convictional provides collaboration tools designed to keep teams mission-aligned.

Enterprise SoftwareFuture of WorkSaaSToronto, CA

Roger Kirkness(CEO & Founder)inChris Grouchy(Cofounder)in

Co-investorsFundersClubY CombinatorLocus VenturesWndrCoZigg Capital

Convoxconvox.comin𝕏Aug 2015Acquired

Convox provides a platform for deploying and managing cloud-native applications across multiple cloud providers including AWS, Google Cloud, and Azure.

Cloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareAtlanta, US

David Dollar(Founder/CEO)inNoah Zoschke(Founder/CTO)inMatt Manning(Founder)in

Co-investorsCurious CapitalHeavybitY Combinator

Crescendocrescendowork.com

Cultural competence training courses for global teams

Co-investorsN49P

Databoxdatabox.comin𝕏

Databox provides a business intelligence platform that centralizes company data and enables users to build customized views and dashboards.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSBoston, US

Davorin Gabrovec(Executive Officer, Director)inSwaminathan Kumaresan(Executive Officer, Director)

BoardDavid Frankel(Director)in

Co-investorsFounder CollectiveTechstarsAccomplice

Demand Sciencedemandscience.comin𝕏

DemandScience provides an integrated AI-powered platform for B2B marketing teams to manage pipeline generation and customer acquisition through verified data, content intelligence, and automated orchestration.

AdTechAI & Machine LearningMarketing TechSaaS

Co-investorsBLH Venture Partners, LLCEdison PartnersHigh AlphaKnoll VenturesMassachusetts Capital Resource Co.

Devycedevyce.comin𝕏Jul 2022

A team communication and collaboration platform that provides monitoring of communication performance through call logs and messaging statistics, along with built-in messaging features for workplace teams.

Cloud ComputingEnterprise SoftwareFuture of WorkSaaSLondon, GB

Nick Browne(Founder)inEdward Clayton(Founder)inLeo Bartle(Founder)in

Co-investorsAmino CapitalFjor FoundersSterling RoadY Combinator

Diagramdiagram.vcin

Diagram is a venture capital firm that takes a thesis-driven approach to early-stage investing, focusing on fintech and climate tech companies in North America.

Climate TechEnterprise SoftwareFintech

Paul Desmarais III(Co-Founder & Chairman)in

Co-investorsDiagram

Diagram Ventures
Dialoguedialogue.coin

Dialogue provides an integrated digital health platform for employees that combines virtual care, mental health services, and wellness programs in a single application.

Digital HealthHealthtechHR TechWellness & FitnessToronto, CA

Co-investorsDiagramGround Up VenturesWalter VenturesWhite Star CapitalLightspeed Venture Partners

Diamonddiamond.io

Diamond is a fully managed data backend that provides a serverless database with support for bringing external data sources, AI-assisted setup, team role management, and SSO via Google, Microsoft, and LDAP.

AI & Machine LearningData & InfrastructureSaaS

Discodisco.coin𝕏

Disco is a platform for building branded learning academies that combine AI tools, course creation, and community features into one experience.

AI & Machine LearningEdTechSaaS

Candice Faktor(Co-founder)inChris Sukornyk(Co-founder)in

Co-investorsGolden VenturesGSV VenturesInovia CapitalMantella Venture PartnersBessemer Venture PartnersFelicis Ventures+7 more

Browse all 204 investments with full details →

4 more tracked companies

WrkWygoWygo WebsiteZipLunch

Exits · 5

IPOs and acquisitions across the tracked portfolio

DropboxNasdaq: DBXImaxNYSE: IMAXUpwork (formerly oDesk)NASDAQ: UPWKCensusacq. by FivetranHumiacq. by Employment Hero

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Garage Capital made?
Garage Capital has 163 tracked investments, 6 of which have exited via acquisition or IPO, including 4 dated in the last 24 months.
What stage does Garage Capital invest at?
Garage Capital invests at the Pre-Seed, Seed, Series A stages.
What sectors does Garage Capital focus on?
Garage Capital focuses on AI & Machine Learning, Biotech, Cleantech, Future of Work, Healthtech, Robotics, SaaS, Sector Agnostic.
Where is Garage Capital located?
Garage Capital is headquartered in Waterloo, CA.
Does Garage Capital lead rounds?
Garage Capital typically participates in rounds rather than leading them.
Who does Garage Capital co-invest with?
Garage Capital most often shares deals with Y Combinator, Golden Ventures, Inovia Capital, among 377 tracked co-investors.
What size deals does Garage Capital back?
Across 6 deals with disclosed amounts, Garage Capital has joined rounds of $1.5M – $40M (median $5.8M).

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