Fundraising Fox

L-SPARK

Accelerator

Ottawa · Seed–Growth · 6 people tracked

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Investment thesis

L-SPARK operates a tailored corporate innovation platform designed to help large enterprises collaborate with high-potential startups and growing companies. It builds curated innovation ecosystems that pair corporations with startups whose solutions can integrate into the enterprise, impact channels, and serve real customer needs. The firm emphasizes speed and impact, helping partners move faster, de-risk innovation, and address genuine market demands. Alongside its corporate programs, L-SPARK runs SaaS-focused accelerator programming supported by a network of mentors, alumni, fellow entrepreneurs, and strategic sponsors.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
HQ
Ottawa, ON, CA
Founded
2014
Portfolio companies
15

Team · 6 people

from the firm's website
Elza Seregelyi· Director
Mel Bond· Director of Operations
Mike Laginski· Director
Stewart Leckie· Director, Military, Defence and Dual-Use Technologies

What they invest in

from 8 of 15 portfolio companies

SaaS ×4AI & Machine Learning ×2Digital Health ×2Fintech ×2Hardware ×2IoT ×2Advanced Manufacturing ×1Construction Tech ×1

HQs:Canada×4

Portfolio companies · 15 tracked

alumni founders can tell you what the program is really like
Acertaacerta.cain

Acerta develops LinePulse, an Industrial AI-powered manufacturing analytics platform designed for discrete manufacturers to identify and resolve production defects in real-time, reducing scrap, rework, and improving overall product quality without sacrificing throughput.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareKitchener, CA

Activkareactivkare.com
Aidexpressaidexpress.cain

Aidexpress provides personalized in-home care and support services—including daily living assistance, nursing and health care, housekeeping, wellness care, and specialized professionals—matching caregivers to clients such as seniors, people with reduced mobility or cognitive disorders, patients in convalescence, families, veterans, and those needing palliative care.

Digital HealthHealthtechWellness & Fitness

AIRY3Dairy3d.comin

Airy3D develops DepthIQ, a passive single-sensor 3D depth-sensing solution that combines a patented Transmissive Diffraction Mask (TDM) with low-compute image processing to convert standard 2D image sensors into 3D sensing devices.

Deep TechHardwareSemiconductors

Apprendoapprendo.io

Apprendo runs an AI agent called Tessa that conducts recurring team check-ins by phone, text, WhatsApp, email, or Slack, asks configured questions, and sends owners a digest with transcripts, summaries, and trends.

AI & Machine LearningFuture of WorkSaaS

B Lineb-line.io

B-Line offers a suite of building management products that help administrators and users manage spaces, improve efficiency, and reduce operating costs.

IoTPropTechSaaS

Bidfoundrybidfoundry.com
Bluink Ltd.bluink.cain𝕏

Bluink offers identity verification, digital ID/digital wallet, and mobile driver's licence (mDL) solutions that let users store encrypted identity data on their own devices and choose what to share.

CybersecurityFintechSaaS

Brokretebrokrete.comin

Tough Commerce (Brokrete) is an all-in-one operations platform for equipment-based construction businesses such as volumetric concrete suppliers, covering job planning, dispatch, delivery capture, pricing, invoicing, and payments.

Construction TechFintechSaaS

Buildmetricbuildmetric.com
Chirp Inc.mychirp.comin𝕏

Chirp makes a cloud-connected ambient sensing device using radar and thermal sensors to automatically detect events and monitor daily activity in the home, without cameras, wearables, or buttons.

Digital HealthHardwareIoT

Energyxsolutionsenergyxsolutions.com
Essayjackessayjack.com
Heydayheyday.ai
Hippochippoc.ai

Frequently asked questions

What stage does L-SPARK invest at?
L-SPARK invests at the Seed, Series A, Series B, Series C, Growth stages.
What sectors does L-SPARK focus on?
L-SPARK focuses on AI & Machine Learning, Enterprise Software, SaaS, Sector Agnostic.
Where is L-SPARK located?
L-SPARK is headquartered in Ottawa, CA.

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