Fundraising Fox

Intrepid Growth Partners

Growth equity

Toronto · Growth · 17 people tracked

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Investment thesis

Intrepid Growth Partners focuses on growth-stage companies that use machine intelligence to drive transformative change. Beyond capital, the firm aims to provide insights, operating experience, and hands-on support to help founders scale effectively. It is positioned across North America and Europe, with strong connections to the Middle East and Asia, operating from offices in Toronto and London — two hubs the firm considers leading centers for machine intelligence. The team comprises globally recognized investors, operators, and researchers dedicated to backing paradigm-shifting companies in the machine intelligence space.

Source: firm website, verified Aug 3, 2026.

Stage
Growth
HQ
Toronto, BC, CA
Instruments
Equity
Last 12 months
4 investments
AUM
$500M
Tracked investments
36

Team · 17 people

from the firm's website

What they invest in

from 30 of 36 portfolio companies

AI & Machine Learning ×26Enterprise Software ×15SaaS ×15Cloud Computing ×5Advanced Manufacturing ×4Cybersecurity ×4Data & Infrastructure ×4Deep Tech ×3

HQs:United States×12Canada×6United Kingdom×2Italy×1Japan×1Netherlands×1

Who they back

founder profiles across 24 portfolio companies
42%
solo founders
10 of 24 mapped founding teams
41%
repeat founders
of 22 founders with career history

Founding team size:solo founder×102 founders×83 founders×6

Where their founders studiedfrom 21 founders with education data

Harvard University ×2University of California, Berkeley ×2

Where their founders worked beforefrom 22 founders with career history

Facebook ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×4

3 founders hold a PhD · 6 hold an MBA (of 22 with degree data)

Investments · 36 tracked

founders shown can be your intro path

By year:2026 · 12025 · 42021 · 12014 · 17 dated

GitLabgitlab.comin𝕏NASDAQ: GTLB

GitLab is an intelligent orchestration platform for DevSecOps that enables teams and AI agents to collaborate on the full software development lifecycle, from planning through deployment, with integrated security and compliance capabilities.

AI & Machine LearningCybersecurityDeveloper ToolsEnterprise SoftwareSan Francisco, US

Sid Sijbrandij(Founder/CEO)inDmytro Zaporozhets(Founder/CTO)inDmitriy Zaporozhets(Cofounder)Paul Machle(Executive Officer)

BoardBruce Armstrong(Director)in

Co-investorsAlkeon InnovationAugust CapitalBase PartnersBling CapitalCategory VenturesCoatue Management+21 more

Skin Analyticsskin-analytics.comin𝕏Apr 2025✓ verified

Skin Analytics develops DERM, an autonomous AI as a Medical Device for skin cancer assessment, aimed at giving patients dermatologist-quality evaluations and lowering the cost of skin cancer care for health systems.

AI & Machine LearningDigital HealthMedical Devices

Neil(CEO & Founder)in

Co-investorsHoxton VenturesWavemaker Three-Sixty Health

Celigoceligo.cominDec 2021SEC filingmedium confidence

Celigo provides an AI-powered integration platform (iPaaS) that connects business systems and automates workflows across a company's tech stack.

AI & Machine LearningCloud ComputingEnterprise SoftwareSaaSSan Mateo, US

Jan Arendtsz(Founder and CEO)

BoardSteven J. Hamerslag(Director)

Board seatMark Shulgan· per SEC Form D · $47.9M raise · filed Dec 2021

Co-investorsBlossom Street VenturesMontage CapitalTVC Capital

CoLab AIintrepidgp.comOct 2025SEC filingmedium confidence

Intrepid Growth Partners is an investment firm backing companies in machine intelligence, run by a team of investors, operators, and researchers.

AI & Machine LearningDeep TechSt. John'S

Mark Machin(Founder)Joshua Fredberg(Director)inJoe McKenna(Director)Jeremy Andrews(Executive Officer, Director)Taylor Young(Executive Officer, Director)Adam Keating(Executive Officer, Director)

Board seatMark Shulgan· per SEC Form D · $14.8M raise · filed Oct 2025

Co-investorsInsight Partners

600 terabits per second today,starlink.com

Co-investorsU.S. Global Investors

Aledadealedade.comin𝕏

Aledade is an accountable care organization (ACO) partner that works with primary care organizations to improve patient outcomes and healthcare quality.

Enterprise SoftwareHealthtechBethesda, US

Bijan Salehizadeh(Co-founder)Farzad Mostashari(Chief Executive Officer and Co-Founder)inMat Kendall(President and Co-Founder)inStephen B. Thau(Executive Officer)

BoardRobert Kocher(Director)in

Co-investorsActivate Venture PartnersARCH Venture PartnersEcho Health VenturesGV (Google Ventures)IVP (Institutional Venture Partners)Lightspeed Venture Partners+5 more

Beacon

AI-native long-term holding company that acquires essential software businesses to protect founder legacies and accelerate growth.

Beacon Softwarebeaconsoftware.com

Beacon is a permanent holding company that acquires and holds essential software businesses, keeping their name and team in place.

Enterprise SoftwareFintechSaaSToronto, CA

Nilam Ganenthiran(Founder)in

Co-investorsGeneral CatalystLightspeed Venture Partners

Birdbird.comin𝕏

Bird provides messaging infrastructure for developers, offering SMS, email, voice, and real-time messaging APIs built and operated end-to-end.

AI & Machine LearningCloud ComputingDeveloper ToolsEnterprise SoftwareSaaSAmsterdam, NL

Robert Vis(Founder/CEO)Bob Violier(Founder/CTO)Joey van Ommen(Founder/Head of Product & Partner)

Co-investorsAccelBlue Lion GlobalNewView CapitalY CombinatorGlynn Capital Management

Blue Jbluej.comin𝕏

Blue J is an AI-powered platform providing tax research and analysis tools for tax professionals and accountants across North America and the UK.

AI & Machine LearningLegalTechSaaSToronto, CA

Benjamin Alarie(CEO)inAlbert Yoon(Co-founder)Anthony Niblett(Co-founder)

Co-investorsOak HC/FTSapphire VenturesCreative Destruction Lab (CDL)Toronto Innovation Acceleration PartnersMistral Venture PartnersRelay Ventures

Clioclio.comin𝕏

Clio provides cloud-based legal practice management software and client communication tools for law firms to streamline operations and improve client service.

AI & Machine LearningCloud ComputingLegalTechSaaSVancouver, CA

Jack Newton(CEO and Founder)inRian Gauvreau(Co-founder)Sergey Konchakovskiy(Director, Chief Executive Officer)

BoardJulian Steinberg(Director)John Bush(Director)Alyssa Ferenz(Director)

Co-investorsActon CapitalBessemer Venture PartnersCapitalGJMI EquityNew Enterprise Associates (NEA)Point Nine+6 more

CoLabcolabsoftware.comin𝕏Nov 2025 · $72M

CoLab provides AI-powered design review and collaboration software for engineering teams, automating design quality checks and organizing engineering knowledge within PLM and CAD systems.

Advanced ManufacturingAI & Machine LearningDeveloper ToolsEnterprise SoftwareHardwareSaaSSt. John's, CA

Jeremy Andrews(Founder)inAdam Keating(Founder)in

Co-investorsCreative Destruction Lab (CDL)Fjor FoundersFundersClubInsight PartnersKillick CapitalMemorial Centre for Entrepreneurship+3 more

CoLabcolab.co.jp𝕏Nov 2025 · $72M

CoLab develops robotic systems that automate assembly processes in manufacturing plants, using AI to analyze production data and create value through planning and development consulting.

Advanced ManufacturingAI & Machine LearningRoboticsKawasaki, JP

Shinji Kawabata(Founder)in

Co-investorsCoral CapitalInsight PartnersKillick CapitalSpider CapitalY Combinator

Coveocoveo.comin𝕏

Coveo provides an AI-powered search and recommendation platform used by large enterprises to power search experiences across websites, customer service, and employee-facing applications.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsMind the Seed - MTS FundFonds de solidarité FTQ

Darwingetdarwin.aiin𝕏

Darwin provides AI employee software that automates repetitive business tasks such as customer service, sales, and support for non-technical users.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaS

Lautaro Schiaffino(Founder & CEO)Ezequiel Sculli(Founder)in

Co-investorsDalus CapitalLatitud VenturesNazcaResolute VenturesHTwentyInsight Partners+1 more

Darwin AI

Machine vision and explainable AI company providing electronics manufacturers with defect detection and workflow optimization tools.

Data & Security Earlytrustar.coin𝕏Acquired

TruSTAR provides intelligence management technology that automates data orchestration to centralize and normalize security intelligence across security operations.

CybersecurityData & InfrastructureEnterprise SoftwareSan Francisco, US

Paul Kurtz(Executive Officer, Director, Promoter)

BoardPatrick Coughlin(Executive Officer, Promoter)

Co-investorsAcrew CapitalAkkadian VenturesAspect VenturesAugust CapitalCRV (Charles River Ventures)Heavybit+6 more

Dialpaddialpad.comin𝕏

Dialpad provides a platform that transforms customer conversations into actionable intelligence for businesses.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaSSan Ramon, US

Craig Walker(Chief Executive Officer & Founder)inJohn Rector(Director)Brian Peterson(Chief Technology Officer & Founder)inLily Toy(Executive Officer)Dan O'Connell(Director)

BoardMark Shulgan(Director)in

Co-investorsAcrew CapitalAndreessen HorowitzAtomicCerity Partners VenturesFelicis VenturesFly Ventures+13 more

Exeinexein.ioin𝕏

Exein provides runtime cybersecurity for Physical AI systems, embedded and Linux-based devices, firmware, IoT fleets, cloud workloads, and Kubernetes, with on-device threat detection and binary/SBOM analysis mapped to compliance requirements.

AI & Machine LearningCybersecurityIoTRome, IT

Gianni Cuozzo(Founder & CEO)in

Co-investors33NBalderton CapitalBerliner Volksbank VenturesGeodesic CapitalHV CapitalRedstone+6 more

Fairmarkitfairmarkit.comin

Fairmarkit provides an AI-driven autonomous sourcing platform that helps procurement teams competitively source spend across categories at scale.

AI & Machine LearningEnterprise SoftwareSaaS

Tarek Alaruri(Cofounder)Kevin Frechette(Founder)in

Co-investorsInsight PartnersMassVenturesNew Stack VenturesNewfund CapitalNotable CapitalValuestream Ventures+2 more

Iterative Healthiterative.healthinApr 2026 · $77M

Iterative Health is a healthcare technology and services company that combines clinical trial expertise with AI to help research teams and study sponsors expand and speed up patients' access to novel therapeutics.

AI & Machine LearningBiotechHealthtechCambridge, US

Jonathan Ng(Executive Officer, Director)in

BoardPeter Moran(Director)Nan Li(Director)Charles Cooney(Director)

Co-investorsBreyer CapitalG Vision CapitalGV (Google Ventures)Insight PartnersMicron VenturesObvious Ventures+7 more

Mapillary Marketplace, SAASmapillary.comin𝕏

Mapillary offers a collaborative platform that hosts, processes, and publishes street-level imagery and map data, using computer vision and machine learning to automate map-making at scale.

AI & Machine LearningCloud ComputingData & InfrastructureMobility & TransportationSaaSBjarred, SE

Jan Erik Solem(Executive Officer, Director)

BoardEvan Nisselson(Director)in

Co-investorsMetaAir Street CapitalBMW i VenturesLDV CapitalNFXSamsung Catalyst Fund+2 more

PandaDocpandadoc.comin𝕏

PandaDoc is a document management platform for creating, managing, tracking, and eSigning business documents such as proposals and agreements, with support for signature and payment workflows.

Enterprise SoftwareSaaSSales Tech

Sergey Barysiuk(Founder)in

Co-investorsAltaIR CapitalCamber PartnersCross Creek AdvisorsEBRD Venture Capital Investment ProgrammeG SquaredHubSpot Ventures+9 more

Perkperk.comin𝕏

Perk provides AI and automation that handles routine administrative tasks — travel, expenses, invoices, and payments — for employees, while giving companies visibility and configurable controls for policy, governance, and risk.

AI & Machine LearningEnterprise SoftwareFintechSaaSTravel & HospitalityBoston, US

Avi Meir(Co-founder & CEO)inJavier Suarez(Founder)

Co-investorsAmplo VenturesClaltechD&FG ElementsFELIX CAPITALKinnevikLiquidity Capital+11 more

Phantom CyberinAug 2014

Security automation and orchestration platform for incident response; acquired by Splunk (NASDAQ: SPLK).

Woodside, US

Oliver Friedrichs(Executive Officer, Director)

PhysicsXphysicsx.aiin

PhysicsX offers an AI and simulation software platform that combines physics inference with numerical simulation to help engineering and manufacturing enterprises design, optimize, and control products across the product lifecycle.

Advanced ManufacturingAI & Machine LearningDeep TechLondon, GB

Robin Tuluie(Co-Founder)inJacomo Corbo(Co-Founder & Co-CEO)in

Co-investorsGeneral CatalystTemasekAtomicoInception FundRadius Capital VenturesStandard Investments+1 more

Pipedrivepipedrive.comin𝕏

Pipedrive is a cloud-based customer relationship management (CRM) platform designed for small and medium-sized businesses to manage sales pipelines, track leads, and automate sales processes.

AI & Machine LearningEnterprise SoftwareSaaSSales TechNew York, US

Urmas Purde(Founder)in

Co-investorsVista Equity PartnersAngelPadBessemer Venture PartnersCamber PartnersDigital Health VenturesFresco Capital+10 more

Primerprimer.aiin𝕏

Primer builds AI-driven intelligence software that transforms large datasets into actionable insights for decision-making.

AI & Machine LearningDefense TechGovTech

Sean Moriarty(Chief Executive Officer)

Co-investorsAdditionAmplify PartnersAngel Collective Opportunity FundCrosslink CapitalDCVC (Data Collective)In-Q-Tel+5 more

Primer AI

NLP company building AI systems that read, summarize, and generate insights from unstructured data for government and commercial organizations.

Private AIprivate-ai.comin

Limina (Private AI) offers a linguistics-first platform that helps regulated businesses convert sensitive, unstructured data into structured, secure, and usable assets while protecting privacy.

AI & Machine LearningCybersecurityData & Infrastructure

Co-investorsDifferential VenturesForum VenturesThe 98Hyperplane Venture Capital

ProteinQureproteinqure.comin𝕏

ProteinQure is a clinical-stage biotech company that designs novel peptides for therapeutic delivery using its proprietary ProteinStudio computational platform powered by AI and molecular simulations.

AI & Machine LearningBiotechDeep TechToronto, CA

Tomas Babej(Founder)

Co-investorsGolden VenturesKensington Capital Partners Limited

Sanctuarysanctuary.aiin𝕏

Sanctuary AI develops "Physical AI" software and autonomous task policies that run on commercially available robotic systems, including support for multiple hardware configurations, mobility options, end effectors, and a path to humanoids.

Advanced ManufacturingAI & Machine LearningRobotics

Olivia Norton(Founder)inJames G. Wellsin

Co-investorsDCVC (Data Collective)Evok InnovationsFoothill VenturesInBC Investment Corp.Panache VenturesPropagator Ventures+6 more

SingleStoresinglestore.comin𝕏

SingleStore provides a distributed SQL database designed for real-time transactional and analytical processing in a single engine, serving SaaS builders, data leaders, and enterprises that require high-performance data applications.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSaaSSan Francisco, US

Eric Frenkiel(Founder/CEO)inNikita Shamgunov(Founder/CTO)in

Co-investorsAccelDCVC (Data Collective)Eastlink Capital PartnersGlynn Capital ManagementGreat Oaks Venture CapitalProsperity7 Ventures+4 more

Stackadaptstackadapt.comin𝕏

StackAdapt is a programmatic advertising and marketing platform that lets agencies and brands plan, execute, and analyze campaigns across channels including native, display, connected TV, video, audio, in-game, digital out-of-home, and email.

AdTechAI & Machine LearningMarketing Tech

Co-investorsPlaza VenturesRound13 CapitalSummit PartnersVerdex Capital

Swarmacquired by SpaceX

Satellite communications company providing low-cost global IoT connectivity; acquired by SpaceX in 2021.

Zooxzoox.comin𝕏

Zoox develops autonomous robotaxis designed as purpose-built vehicles for autonomous transportation.

AI & Machine LearningMobility & TransportationRoboticsMenlo Park, US

TIM KENTLEY-KLAY(Executive Officer, Director)JESSE LEVINSON(Executive Officer, Director)JON FOSTER(Executive Officer)

BoardHEIDI ROIZEN(Director)inTHOMAS TULL(Director)LAURIE YOLER(Director)in

Co-investorsBlackbird VenturesBrave CapitalBreyer CapitalLux CapitalRaptor GroupThreshold Ventures+3 more

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

GitLabNASDAQ: GTLBSwarmacq. by SpaceX

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Intrepid Growth Partners made?
Intrepid Growth Partners has 33 tracked investments, 2 of which have exited via acquisition or IPO, including 3 dated in the last 24 months.
What stage does Intrepid Growth Partners invest at?
Intrepid Growth Partners invests at the Growth stage.
What sectors does Intrepid Growth Partners focus on?
Intrepid Growth Partners focuses on AI & Machine Learning, Cybersecurity, Deep Tech, Defense Tech, Fintech, Healthtech, SaaS.
Where is Intrepid Growth Partners located?
Intrepid Growth Partners is headquartered in Toronto, CA.
Does Intrepid Growth Partners lead rounds?
Intrepid Growth Partners has led 4 of the 4 rounds where its role is on record.
Who does Intrepid Growth Partners co-invest with?
Intrepid Growth Partners most often shares deals with GV (Google Ventures), Y Combinator, DCVC (Data Collective), among 177 tracked co-investors.

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Intrepid Growth Partners photo

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