🦊/Investors

Inovia Capital

Venture capital

Montreal · Pre-Seed–Late Stage · 48 people tracked

Also known as inovia

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4,195 people in our graph share verified history with the Inovia Capital team — schools, employers, funds. One of them is your warm intro.

Tobi Cokerunlockedknows Karim Gillani · together at Kauffman Fellows (overlapped)
×4knows the team · via Kauffman Fellows
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knows the team · via Creative Destruction Lab
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Investment thesis

Inovia Capital backs founders building impactful, enduring global companies across the full lifecycle, from pre-seed to pre-IPO, through three investment strategies: Discovery, Venture, and Growth. The firm provides capital, insights, and mentorship at every stage, drawing on a team of investors, operators, and advisors. Having participated in technology shifts since the internet and mobile era of the 1990s, Inovia continues to back innovators in emerging technologies, with a current focus that includes generative AI. Anchored in Canada with an established EU footprint, the firm emphasizes helping build the next generation of leading global tech companies.

Source: firm website, verified Aug 27, 2026.

Stage
Pre-Seed–Late Stage
Check
$250K – $8M
HQ
Montreal, QC, CA
Leads rounds
Follows
Instruments
Equity
Founded
2007
Last 12 months
10 investments
AUM
$2.5B
Tracked investments
153
Unicorns
6
IPOs
1
Acquisitions
8

Team · 48 people

from the firm's website & curated & public directories
Michael McGraw· Principalin
Noah Nagle· Vice Presidentin
Rania Ajakane· Investorin𝕏

17 people who came through Inovia Capital went on to found or lead other companies.

+ 5 more

What they invest in

from 109 of 153 portfolio companies

SaaS ×58AI & Machine Learning ×52Enterprise Software ×31Developer Tools ×21Data & Infrastructure ×14Fintech ×14Deep Tech ×13Cybersecurity ×11

HQs:United States×44Canada×19United Kingdom×4Kenya×2Belgium×1India×1

Who they back

founder profiles across 50 portfolio companies
36%
solo founders
18 of 50 mapped founding teams
49%
repeat founders
of 71 founders with career history
~4 yrs
old at investment
median across 21 dated deals

Founding team size:solo founder×182 founders×223 founders×74+ founders×3

Where their founders studiedfrom 68 founders with education data

University of Waterloo ×10University of Toronto ×4McGill University ×3McMaster University ×3Queen's University ×3University of Alberta ×3University of Oxford ×3BrainStation ×2

What their founders studiedfrom 64 founders with field-of-study data

Engineering ×23Computer Science ×19Business & Management ×10Finance & Accounting ×7Economics ×4Life Sciences ×4Physics ×3Humanities ×2

Where their founders worked beforefrom 71 founders with career history

Facebook ×2GoDaddy ×2McKinsey & Company ×2Ramp ×2RentMoola ×2Spare ×2Spritz ×2SurveyMonkey ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×5

12 founders hold a PhD · 5 hold an MBA (of 71 with degree data) · backed the same founder in 2+ companies: 2 founders

Investments · 153 tracked

founders shown can be your intro path

By year:2026 · 92025 · 82024 · 112023 · 72022 · 42021 · 122020 · 92019 · 32018 · 42017 · 22016 · 12015 · 376 dated

Lightspeedlightspeedhq.comin𝕏NYSE: LSPDApr 2021

Lightspeed provides a point-of-sale and payments platform that lets retail and hospitality businesses sell in person, online, and on social channels from one connected system.

FintechRetail TechSaaSMontreal, GB

Dax Dasilva(Mr. Dasilva is the Chief Executive Officer of the Issuer.)inSarah Bettencourt(Executive Officer)inAsha Bakshani(Executive Officer)inJean Paul Chauvet(Mr. Chauvet is the President of the Issuer.)Lory Ajamian(Executive Officer)inDaniel Micak(Executive Officer)in

Board seatPatrick Pichette· per SEC Form D

Co-investorsAccelConexus Venture CapitalEntrée CapitalRachel Zoe VenturesEndeit CapitalLead Edge Capital+1 more

Neo4jneo4j.comin𝕏Jun 2021✓ verified

Neo4j develops a graph database and graph data platform used to build applications that leverage connected data, with products including AuraDB, Graph Data Science, and vector search for GraphRAG and GenAI use cases.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSan Mateo, US

Emil Eifrem(Co-Founder and CEO)inMichael Asher(Executive Officer)

BoardLars Nordwall(Executive Officer)inMichael Treskow(Director)Emanuel Lang(Director)Christian Jepsen(Director)in

Board seatPatrick Pichette· per SEC Form D

Co-investorsGV (Google Ventures)CreandumEurazeoDawn CapitalF-Prime CapitalOne Peak+3 more

Ai Cousticsai-coustics.comin𝕏✓ verified

ai-coustics provides an audio reliability layer with speech technology such as Voice Focus, which removes background noise and other voices to improve transcription accuracy and keep voice agents responsive in noisy environments.

AI & Machine LearningDeep TechDeveloper ToolsSan Francisco, US

Arne Corvin Jaedicke(Executive Officer, Director, Promoter)Fabian Helmut Seipel(Co-founder & CEO)Corvin Jaedicke(Co-founder)in

BoardBORIS GOLDEN(Director)inSitar Teli(Director)in

Co-investorsAcurio VenturesConnect VenturesConnect VenturesCreative Destruction Lab (CDL)Partech Ventures

Benchscibenchsci.comin𝕏Series B · Feb 2020 · $22M✓ verified

BenchSci builds AI infrastructure for preclinical drug discovery, using machine learning that reads scientific literature to extract experimental evidence and map disease biology for biopharma R&D teams.

AI & Machine LearningBiotechData & InfrastructureDigital HealthHealthtechToronto, US

David Qixiang Chen, PhD(Founder)inElvis Wianda(Co-founder & Chief Data Officer)inLiran Belenzon(Co-founder & CEO)inTom Leung(Co-founder & Chief Science Officer)inDavid Chen(Co-founder)in

Co-investorsGeneration Investment ManagementGradient VenturesTCV500 GlobalAfore CapitalCreative Destruction Lab (CDL)+6 more

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 GlobalGarage CapitalStructure CapitalPlaza VenturesForesite Capital

Cavelocavelo.cominNov 2023✓ verified

Cavelo helps IT and security teams discover and manage data assets to reduce cybersecurity and data privacy risks.

AI & Machine LearningCybersecurityData & InfrastructureEnterprise SoftwareSaaSWaterloo, CA

Co-investorsGraphite Ventures

Certncertn.coin𝕏May 2022 · $50M✓ verified

Certn provides background screening and identity verification software for HR and talent acquisition teams, offering criminal record checks, credit and civil litigation checks, professional register verifications, and reference checks across multiple countries.

AI & Machine LearningCybersecurityGovTechHR TechSaaS

Andrew McLeod(Founder & CEO)inOwen Madrick(Founder)in

Co-investorsTelstra VenturesTribe CapitalAngel Collective Opportunity FundB Capital GroupB4 CapitalCyber Mentor Fund+12 more

Objobj.cain𝕏✓ verified

Woodway Assurance builds software that assesses and reduces the privacy risks of data used to train AI models, helping organizations keep training data anonymous and compliant with privacy laws.

AI & Machine LearningCloud ComputingCybersecurityDigital HealthMedia & EntertainmentSaaSOttawa, CA

Mike Potter(Co-founder & CEO)James Ciesielski(Co-founder & CTO)Khaled El Emam(Founder & CEO)

Co-investorsH.I.G. Growth PartnersInsight PartnersNina CapitalBackbone Angels

teaBOTteabot.comin𝕏✓ verified

teaBOT manufactures and operates a robotic tea-brewing machine offered as an amenity service to offices and showrooms across North America.

ConsumerEnterprise SoftwareFuture of WorkHardwareHR TechRoboticsWellness & FitnessToronto, CA

Rehman Merali(Founder)inChris Deutsch(Re-Founder)in

Co-investorsLofty VenturesY CombinatorQualcomm VenturesRelay VenturesGarage CapitalVenture Ontario

Vay Technologyvay.ioin✓ verified

Vay develops remote driving technology that lets a human operator drive a vehicle from a distance without anyone inside, enabling services such as car sharing, fleet logistics, last-mile delivery, and public transport.

AI & Machine LearningLogistics & Supply ChainMobility & TransportationRoboticsLas Vegas, US

Thomas von der Ohe(Co-Founder, CEO)inFabrizio Scelsi(Co-Founder, CTO)inBogdan Djukic(Co-Founder, VP Engineering & Remote Driving Experience)in

Co-investorsAtomicoCreandumEurazeoGrabKinnevikLa Famiglia+5 more

Vital Biosciences Inc.vitalbio.comin✓ verified

VitalBio develops the VitalOne, a diagnostic device that delivers comprehensive lab-grade blood test results in minutes from a small blood sample, using robotics, biochemistry, computer vision, and microfluidics.

BiotechDigital HealthMedical Devices

Vasu Nadella(Founder)in

Co-investorsNext VenturesLachy GroomMarc BenioffNorthpond VenturesSam Altman1955 Capital+6 more

xmemoryxmemory.aiin✓ verified

xmemory is a schema-based memory layer that lets AI agents read and write in natural language while storing facts, relationships, and workflow state as validated, queryable memory.

AI & Machine LearningData & InfrastructureDeveloper ToolsLondon, GB

Alex Petrov(Founder & CEO)in

Co-investors33EastBegin CapitalFly VenturesAAL VCYango VenturesRuna Capital

Booksybooksy.comNov 2024

Booksy is a free mobile app for discovering and booking appointments with beauty and wellness service providers such as barbers, hairdressers, massage therapists, and manicurists.

ConsumerMarketplacesChicago, US

Konrad Howard(Executive Officer)Stefan Batory(Founder & CEO)Kristina Salen(Executive Officer)inRipsy Bandourian(Executive Officer)inEwelina Macewicz(Executive Officer)inSelim Dogguy(Executive Officer)in

Board seatHugues Lalancette· per SEC Form D

Co-investorsAternusCoelius CapitalEndeavor CatalystInovo VCKAYAManta Ray Ventures+8 more

Busbudbusbud.cominSeries B · Sep 2018 · $11M

Busbud is a platform that aggregates and enables booking of intercity bus tickets from thousands of bus operators across 80+ countries.

B2B MarketplacesMarketplacesSaaSTravel & HospitalityMontreal, CA

Louis-Philippe Maurice(CEO)Michael Gradek(CTO)inFrederic Thouin(Chief Analytics Officer)inLP Maurice(Founder)inDavid Burridge(Secretary and VP Finance and Corporate Development)inErik Blachford(Director)in

Board seatMagaly Charbonneau· per SEC Form D

Co-investorsCanadian Business Growth FundK3 VenturesOMERS VenturesPlaza VenturesWIND VenturesRevolution

Clearpath Roboticsclearpathrobotics.comin𝕏Jul 2016

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)Stuart Ellman(Director)inMichael Stork(Director)

Board seatKaramdeep Nijjar· per SEC Form D

Co-investorsGarage CapitalKeiretsu ForumKensington Capital Partners LimitedSWO Angel GroupVenture OntarioWaterloo Accelerator Centre+5 more

Nuenue.ioJan 2025 · $20M

Nue is a unified platform for configure-price-quote (CPQ), billing, and revenue lifecycle management designed for SaaS and subscription businesses.

Enterprise SoftwareFintechSaaSSan Mateo, US

Tinglan Kung(Director)Mark Walker(Executive Officer, Director)inBrian Keare(Executive Officer)in

BoardAlex Millar(Director)Robert Antoniades(Director)

Board seatKaramdeep Nijjar· per SEC Form D

Co-investorsOperator StackPenny Jar Capital VentureInformation Venture PartnersMAGIC FundMyelin VCObvious Ventures+2 more

WorkFusionworkfusion.comin𝕏Dec 2015

WorkFusion provides AI agents that perform anti-money laundering (AML) and compliance analysis work, including payment sanction screening, alert review, and enhanced due diligence for financial institutions and compliance teams.

AI & Machine LearningEnterprise SoftwareFintechNew York, US

Andrew Volkov(Executive Officer, Director)inMax Yankelevich(Executive Officer, Director, Promoter)inRichard Campbell(Executive Officer)inAdam Famularo(Executive Officer, Director)inAlex Lyashok(Executive Officer)in

BoardJustin Lafayette(Director)

Board seatShawn Abbott· per SEC Form D

Co-investorsDeclaration PartnersGreycroftKensington Capital Partners LimitedNGP CapitalPeak PartnersGeorgian

99Ravens99ravens.aiin

99ravens builds tools and a platform for codifying human expertise into software, offering separate products for individual experts, enterprises, and developers.

AI & Machine LearningDeveloper ToolsEnterprise Software

AI for software developmentpoolside.ai

Poolside builds open-weight foundation models and agentic coding models, including the Laguna family, along with the systems and infrastructure needed to train, refine, and improve these models.

AI & Machine LearningDeveloper Tools

Jason Warner(Founder & CEO)inEiso Kant(Founder)

Co-investors7GC & CoAbstraction CapitalAir Street CapitalB Capital GroupB4 CapitalBain Capital Ventures+24 more

Aikido Securityaikido.devin𝕏

Aikido provides integrations that deliver notifications from its security platform directly into team messaging applications.

AI & Machine LearningCybersecurityDeveloper ToolsChicago, US

Willem DelbareinRoeland DelrueinFelix GarriauinLouis JonckheereinMaarten De Schuymerin

Co-investorsEntourage VenturesNotion CapitalSyndicate OneDST GlobalPitchdrivePSG Equity+1 more

AlayaCarealayacare.comin𝕏Series B · Jun 2021 · $185M

AlayaCare Cloud is an AI-powered operating system for home-based care providers that integrates caregiving, scheduling, billing, and clinical workflows in a single platform.

AI & Machine LearningCloud ComputingDigital HealthHealthtechSaaS

Co-investorsKensington Capital Partners LimitedKlass CapitalventureLAB Innovation CentreGeneration Investment ManagementLa Caisse

Allocadiaallocadia.comin𝕏

Allocadia, now rebranded as Uptempo, provides marketing planning, budgeting, and performance software that combines budget management, campaign planning, and real-time analytics for marketing teams.

Enterprise SoftwareMarketing TechSaaS

Co-investorsSusquehanna Growth EquityAltos VenturesIlluminate Ventures

Armoredthingsarmoredthings.comin𝕏

The page presents content associated with Lambent Spaces, referencing people-counting technology used for space management.

IoTPropTechSaaS

Atom Computingatom-computing.comin𝕏

Atom Computing develops large-scale quantum computers using optically-trapped neutral atoms for on-premises deployment.

Deep TechHardwareQuantum ComputingBerkeley, US

Ben Bloom(Founder & CEO)in

BoardDror Berman(Director)inEthan Batraski(Director)in

Co-investorsAbstract VenturesAlumni VenturesBerkeley FrontierBlue Ivy VenturesBoxGroupCantos Ventures+18 more

Backupbackup.com𝕏Sep 2021 · $65M

This page is an educational blog article explaining what data backups are, backup types, and storage strategies, ending with a promotion for Norton 360.

ConsumerCybersecuritySaaS

Co-investorsContour Venture PartnersBessemer Venture PartnersInsight PartnersRidge VenturesScaleUP Ventures

Belfortbelfortlabs.comin𝕏Sep 2025 · $6M

Belfort develops hardware and algorithms to accelerate encrypted computation, including Fully Homomorphic Encryption, so sensitive data can be processed without being decrypted.

CybersecurityDeep TechHardware

Michiel Van Beirendonck(Principal Architect / Co-founder)inLaurens De Poorter(Co-founder)in

Co-investorsSyndicate OneVsquared VenturesCredibly Neutral

Benchgetbench.aiin

Bench builds engineering software for hardware development in the AI era.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareHardwareSaaS

Co-investorsSuperSeedVanagonBain Capital

Benchbench.coinFeb 2024 · $2.8M

Bench provides catch-up bookkeeping and tax resolution services for small business owners who have fallen behind on their books and back taxes.

Enterprise SoftwareFintechSaaSVancouver, US

Ian Crosby(Founder)in

Co-investorsAlpine MeridianCore Ventures GroupTechstarsBain CapitalFenwick & WestHaystack+2 more

Bettermodebettermode.comin𝕏

Bettermode is a no-code community platform that enables teams to build, manage, and measure community engagement.

Marketing TechSaaS

Mo Malayeri(Founder)in

Co-investorsBessemer Venture PartnersCRV (Charles River Ventures)Golden VenturesN49PPath Ventures

Blockusblockus.ggin𝕏Seed · Mar 2024 · $4M

Blockus provides a platform and developer tools (SDKs, APIs, multi-chain wallet and bridging support, gasless transactions) that let game studios add on-chain features, onboard players with KYC/AML compliance, and mint in-game NFTs and tokens.

Crypto & Web3Developer ToolsGamingSanta Monica, US

Jess Zhang(Founder)in

Co-investorsBollinger Investment GroupEterna CapitalAltos VenturesLiquid VenturesMaple VC

Botpressbotpress.cominSeries A · Apr 2021 · $15M

Botpress is an AI agent platform that runs on its own engine, converting plain-language instructions into TypeScript code executed directly instead of relying on tool-calling.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaS

Sylvain Perron(Founder)in

Co-investorsCreative Destruction Lab (CDL)Decibel PartnersHubSpot VenturesBoxOne VenturesHike VenturesPender Ventures

Branch Energybranchenergy.comSeed · Aug 2021 · $5M

Accelerating green energy with tech-powered retail solutions.

Wilmington, US

Alexander Ince-Cushman(Executive Officer, Director)Todd Burgess(Executive Officer)Daniel MacDonald(Director)

BoardAdam Spivack(Director)

Co-investorsAIR CapitalComcast VenturesGreat Oaks Venture CapitalHabitat PartnersPrelude VenturesZero Infinity Partners+2 more

Changomagnite.comin𝕏acquired by Rubicon Project

Magnite operates an independent sell-side advertising technology platform that connects media owners with advertisers, with a focus on programmatic supply and connected/streaming TV (CTV).

AdTechMarketing TechMedia & EntertainmentSaaS

Co-investorsMantella Venture PartnersExtreme Venture PartnersMetamorphic Ventures

ChargeLab +Morechargelab.coin𝕏Seed · Feb 2021 · $4M

ChargeLab develops EV charging management software and a programmable charging platform used by EV drivers, installers, and software developers.

EnergyMobility & TransportationSaaSEtobicoke, CA

Zak Lefevre(Cofounder)Zak L.(Founder)in

Co-investorsConstruct CapitalCreative Destruction Lab (CDL)Expansion Venture CapitalKing River CapitalMaple VCNotation Capital+4 more

Clearcoclear.coin𝕏Series A · Nov 2018 · $70MNo public record

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 CapitalClearcoEmergence Capital PartnersFounders Circle CapitalFrontline Ventures+13 more

Clearpathclearpath.aiJan 2014

Miami, US

Felice Gorordo(Executive Officer, Director)Michael J. Petrucelli(Executive Officer, Director)

BoardPeter L Corsell(Director)John Frankel(Director)Manuel Kadre(Director)

Co-investorsMcRock CapitalEclipse VenturesGE VenturesRRE Ventures

Coherecohere.comin𝕏

Cohere builds foundational AI models and enterprise solutions that help businesses automate tasks, accelerate workflows, and enhance decision-making.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSToronto, CA

Aidan Gomez(Co-founder & CEO)Ivan Zhang(Co-founder)inNick Frosst(Co-founder)in

Co-investorsAccess Ventures (New York)Advaita CapitalAju IB Invesment CorporationAlumni VenturesBasecamp FundCastor Ventures+20 more

Coherecohere.ioin𝕏acquired by Ramp

Cohere develops customer engagement software that guides users visually on their screens during support and sales interactions, including over voice and text channels like phone or chat.

AI & Machine LearningEnterprise SoftwareSaaSNew York City, US

Yunyu Lin(Founder)inRahul Sengottuvelu(Founder)in

Co-investorsRadical VenturesSalesforce VenturesY CombinatorSapphire Ventures

Colabracolabra.ai

Colabra is an AI workspace for M&A due diligence that converts sell-side document dumps into a clause-linked risk register, entity map, and live gap analysis.

AI & Machine LearningFintechSaaS

Co-investorsKicker VenturesVillage GlobalBuilders VCDuro Ventures

Commitcommit.devSeed · Jun 2021 · $6M

Co-investorsMyelin VCGarage Capital

Conduitconduit.financialin𝕏

Conduit provides infrastructure for global financial transactions, serving clients who need fast and reliable payment processing across different markets and regulatory environments.

Enterprise SoftwareFintechSaaS

Matt Zisow(Founder)Kirill Gertman(Founder)in

Co-investorsCore Venture CapitalGradient VenturesCoinbase VenturesDrive CapitalEniac VenturesHaun Ventures+5 more

CreditAppcreditapp.ca

CreditApp operates a lending operations platform for Canadian dealers and lenders to originate, verify, and fund loans.

FintechSaaS

Cybeatscybeats.comin𝕏

Cybeats is a software supply chain security company that provides an SBOM (Software Bill of Materials) management platform for organizations to track software components, automate vulnerability lifecycle management, and prioritize security remediation.

CybersecurityDeveloper ToolsEnterprise SoftwareIoTSaaS

Dmitry Raidman(Co-founder & CTO)Justin Leger(Chief Executive Officer)inJosh Bald(Chief Financial Officer)inJulia Cherry(Chief Customer Officer)inAndy Ducharme(Head of Sales)in

Co-investorsScaleX VenturesRipple Ventures

DIAMOdiamo.aiinApr 2025 · $4M

Diamo provides revenue management and digital marketing solutions for independent hotel properties, including boutique hotels and bed and breakfasts.

AI & Machine LearningSaaSTravel & Hospitality

Co-investorsAvalon Capital GroupDERIVE VENTURESThayer Ventures

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-investorsGarage CapitalGolden VenturesGSV VenturesMantella Venture PartnersBessemer Venture PartnersFelicis Ventures+7 more

Eideticomeideticom.cominJul 2019

Eideticom provides a hardware-accelerated cryptographic platform that offloads public-key cryptography operations including post-quantum algorithms for datacenter applications.

Cloud ComputingCybersecurityData & InfrastructureEnterprise SoftwareHardware

Enpoweredenpowered.comin𝕏

Tomas van Stee(Founder)in

Co-investorsFirst Star VenturesGolden VenturesPanache Ventures

Enpowered Inc.getenpowered.comin𝕏

Co-investorsFirst Star VenturesWaterloo Accelerator Centre

Fellowfellow.aiin𝕏

Fellow is an AI notetaker for investment banking that captures and transcribes meetings across video platforms and in-person settings while maintaining information barriers and compliance controls required by financial institutions.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaS

Aydin Mirzaee(CEO)inAmin Mirzaee(CPO)Samuel Cormier-Iijima(CTO)in

Co-investorsCraft VenturesFelicis VenturesGarage Capital

Flareflare.co.ke𝕏

Flare provides software infrastructure and operational support for emergency response teams in government and private sectors, enabling real-time resource management, location tracking, and coordination across multiple agencies to improve response times and effectiveness.

Enterprise SoftwareGovTechSaaSNairobi, KE

Co-investors4Di CapitalAgent CapitalBase10 PartnersWhite Star Capital

Flareflare.xyzin𝕏

Flare is a layer 1 blockchain designed for data-intensive decentralized applications, providing enshrined data protocols and infrastructure for developers building with on-chain data.

Crypto & Web3Data & Infrastructure

Co-investorsDigital Currency GroupAgent CapitalBase10 PartnersWhite Star Capital

Flarerescue.coin𝕏

Rescue.co operates an emergency response platform connecting people in urgent need with medical, security, and roadside assistance across East Africa.

HealthtechImpact & Social GoodInsurTechLogistics & Supply ChainSaaSNairobi, KE

Co-investorsBlue Haven InitiativeEnza CapitalNairobi Business Angel NetworkBase10 PartnersWhite Star Capital

Flareflare.systemsin𝕏

Flare provides a threat exposure management platform that scans underground and open sources, including the dark web, to detect and prioritize data leaks and cyber threats.

CybersecuritySaaS

Mathieu Lavoie(Founder)in

Flare Systemsflare.ioin𝕏Jun 2022 · $11.3M

Reduce digital risk and fraud by automating dark, deep and clear web monitoring, to deliver real-time actionable intelligence.

Co-investorsLuge CapitalWhite Star CapitalBase10 PartnersFonds de solidarité FTQ

Float Financialfloat.financialSeries C · Jun 2026 · $60M

Miami Beach, US

Daniel Fine(Executive Officer, Director, Promoter)

Co-investorsKube VCBDC Capital CorporationFJ LabsGarage CapitalGolden VenturesGoldman Sachs+3 more

Fractilefractile.aiin

Fractile designs processors for AI acceleration, offering the next generation of computing hardware.

AI & Machine LearningDeep TechHardwareSemiconductorsBristol, GB

Walter Goodwin(Founder & CEO)in

Co-investors01 AdvisorsAccelFactorial FundsFelicis VenturesGigascale CapitalKindred Capital+4 more

Front Row Venturesfrontrow.venturesSep 2023 · $5.5M

Front Row Ventures is a venture capital firm based in Canada that invests in early-stage startups and provides mentoring and community support to student founders across multiple Canadian regions.

Sector Agnostic

Emmanuelle Coppinger(Managing Partner / Managing Director)in

Co-investorsMAINBoxOne Ventures

Future Familyfuturefamily.comSeries A · Oct 2018 · $10M

Future Family is a San Francisco fertility-finance company offering IVF and egg-freezing payment plans, insurance and nurse coaching.

San Francisco, US

Claire Tomkins(Founder and Executive Chair)inAlden Romney(Chief Executive Officer)

BoardLauren Kolodny(Director)inTodd Kimmel(Director)in

Co-investorsAcrew CapitalAspect VenturesBBG VenturesClear Haven Capital ManagementCorrelation VenturesEvolution VC Partners+18 more

gaiiagaiia.comin𝕏Series A · May 2026 · $40M

Gaiia is a platform with developer-focused documentation and APIs designed to help developers build integrations.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSRemote, US

Marc-André Campagna(Founder)inFrancis Careau(Founder)in

Co-investorsJMI EquityY CombinatorGTMfundKima Ventures

Good Start Labsgoodstartlabs.comin𝕏

Good Start Labs builds game-based learning environments, benchmarks, and data-generation pipelines that produce verifiable rewards and real human feedback to train and evaluate AI models.

AI & Machine LearningData & InfrastructureDeep TechGaming

Alex Duffy(Founder)inTyler(Founder)

Co-investorsTIRTA VenturesEssence Venture Capital

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

VINN Automotive TechnologiesAikidoAppDirectAxleBench IQBoardProspectsCaminoCommercebearFawn Social RoboticsFloatKatalyze AILarkhospitalityLightspeed CommerceOptionalityParaitoPeripheralpoolsideRangerRanger RFXSignal1Spatial SystemsTakeTwoTempo LabsTiqIQVesselVitalWazo

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 · 9

1 IPOs · 8 acquisitions · showing 5

LightspeedNYSE: LSPDChangoacq. by Rubicon ProjectCohereacq. by RampGranifyacq. by BazaarvoiceYasaacq. by Mercedes Benz

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Inovia Capital made?
Inovia Capital has 153 tracked investments, 9 of which have exited, including 19 dated in the last 24 months.
What stage does Inovia Capital invest at?
Inovia Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Inovia Capital's typical check size?
Inovia Capital typically writes checks of $250K – $8M.
What sectors does Inovia Capital focus on?
Inovia Capital focuses on AI & Machine Learning, Cybersecurity, Deep Tech, Developer Tools, Enterprise Software, Fintech, Healthtech, SaaS, Sector Agnostic.
Where is Inovia Capital located?
Inovia Capital is headquartered in Montreal, CA.
Does Inovia Capital lead rounds?
Inovia Capital typically participates in rounds rather than leading them.
Who does Inovia Capital co-invest with?
Inovia Capital most often shares deals with Garage Capital, Golden Ventures, Kensington Capital Partners Limited, among 245 tracked co-investors.

Co-investors · 157

Golden Ventures

Golden Ventures is a seed-stage venture capital firm that backs early-stage technology companies, with a portfolio concentrated in Canada.

$500K – $2.5M
Felicis Ventures

Felicis Ventures is a venture capital firm that backs founders primarily at the Seed and Series A stages, frequently leading or co-leading rounds. It operates with a founder-first approach, including a founder pledge and voting commitments.

$500K – $15M
Bessemer Venture Partners

Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.

$5M – $100M
Greylock Partners

Greylock Partners is an early-stage venture capital firm that partners with founders building companies from inception. Its partners make only one or two new investments per year to focus deeply on each partnership.

$100K – $200M
Greycroft

Greycroft is a venture capital firm that partners with founders across multiple industries and geographies, investing in software, sustainability, and consumer brands.

$100K – $5M
500 Global

500 Global (formerly 500 Startups) is a venture capital firm whose flagship Silicon Valley strategy backs promising technology companies from pre-seed onward across a range of sectors and geographies.

$150K
Accel

Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.

$1.6M – $70M
Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

$220K
Uncork Capital

Uncork Capital (formerly SoftTech VC) is a seed-stage venture firm that invests early in founders, with a focus on AI-native companies building leverage and scale.

Both backed · 3
$3M – $5M
Insight Partners

Insight Partners is an investment firm focused on accelerating revenue and profit growth in software companies, providing capital and operational support through its Insight Onsite team.

Both backed · 3
$120M – $350M
B Capital Group

B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.

$10M – $50M
Afore Capital

Afore Capital is a $500M pre-seed venture fund that invests in pre-traction, early-stage companies, leveraging product and investment expertise to support founders from day zero.

Both backed · 3
$500K – $2M
145 more co-investors

Bonfire VenturesLerer HippeauMoxxie VenturesWhite Star CapitalContour Venture PartnersBlumberg CapitalPanache VenturesMcRock CapitalAndreessen HorowitzKhosla VenturesRedpoint VenturesFJ LabsBoxGroupBattery VenturesEniac VenturesGradient VenturesRRE VenturesEmergence Capital PartnersF-Prime CapitalRidge VenturesBase10 PartnersBAM VenturesEclipse VenturesComcast VenturesTCVValar Ventures LlcBDC Venture CapitalMetamorphic VenturesMithril Capital ManagementThomson Reuters VenturesDERIVE VENTURESHaystackSequoia CapitalGeneral CatalystSpark CapitalLiquid VenturesOak HC/FTTrinity VenturesRevolutionVenrockDCM VenturesWEEKENDIntel CapitalTribe Capital FirstlookDigital Currency GroupDecibel PartnersHighland Capital PartnersCollaborative FundNGP CapitalConstruct CapitalNotation CapitalStructure CapitalRoot Ventures Manager, LlcWestWave CapitalWestern Technology InvestmentPenny Jar Capital VentureMaven VenturesPitbull VenturesPrime Movers LabKohala VenturesHighline BetaThird SphereAlpine MeridianDTCPConcrete VenturesClimentum CapitalFounder CollectiveFirst Round CapitalKrakenTrue VenturesSOSVACME CapitalFirstMark CapitalNextView VenturesForerunner VenturesPrecursor VenturesAccel-KKRCaffeinated CapitalLookout VenturesKapor CapitalFlybridge Capital PartnersStellar CapitalPractical Venture CapitalIA VenturesQED InvestorsRed Swan VenturesTrajectory VenturesOperator LPThrive CapitalHanabi CapitalQueensBridge Venture PartnersKortschak Investments L.P.Tq Ventures LlcLightbankHustle FundAntlerPrimary Venture PartnersBetaworks Ventures Management, LlcBrainchild HoldingsPelion Venture PartnersLOI Venture8-Bit CapitalTribeca Venture PartnersWildcat Venture PartnersTeamworthy VenturesSpider CapitalGiant Ventures Global LlpCapital FactoryAccelerator VenturesFikaContraryVitalStage VenturesPhoenix CourtThomvest VenturesTrucks VCmuru-DPaladin Capital GroupCherubic VenturesSoftBank CapitalJump CapitalWestCapLearn CapitalAtreides ManagementCultivation CapitalDeep Fork CapitalZintinusCSC Venture CapitalGPO FundRevel PartnersNorthside VenturesM25C2 VenturesAperiam VenturesLaconiaIA Capital GroupDeeptech LabsMagnetic VenturesUnderline VentureshumbitionSaltagen VenturesActivate Venture PartnersFlori VenturesRasmal VenturesMatterScale VenturesOcean Azul Partners

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

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