Ottawa · Seed–Growth · 7 people tracked
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.
Team · 7 people
from the firm's website & curated
What they invest in
from 9 of 15 portfolio companiesSaaS ×4AI & Machine Learning ×2Digital Health ×2Fintech ×2Hardware ×2Healthtech ×2IoT ×2Advanced Manufacturing ×1
HQs:Canada×5
Portfolio companies · 15 tracked
alumni founders can tell you what the program is really like
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 LearningEnergyEnterprise SoftwareKitchener, CA
Greta Cutulenco(Founder)in
Co-investorsOMERS VenturesTechstarsPlug and Play Ventures
ActivKare is an online retailer of incontinence care products for men and women, offering items such as adult briefs, pads, external catheters, and mobility aids from brands like AFEX, ACTICUF, and PACEY CUFF.
Direct to ConsumerE-commerceHealthtech
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
AIRY3D develops depth-sensing technology, including its DepthIQ system integrated onto CMOS image sensors, to give machines 3D perception.
Deep TechHardwareSemiconductorsMontreal, CA
Daniel ButtoninJonathan SaariJi-Ho ChoGuillaume Poirier
Co-investorsIntel CapitalRobert Bosch Venture CapitalTandemLaunchNautilus Venture PartnersR7 PartnersWI Harper Group+3 more
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-Line offers a suite of building management products that help administrators and users manage spaces, improve efficiency, and reduce operating costs.
IoTPropTechSaaS
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
Co-investorsInnovative Solutions Canada
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
Co-investorsLegacy Capital Ventures
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
Co-investorsWaterloo Accelerator Centre
Frequently asked questions
- How many investments has L-SPARK made?
- L-SPARK has 15 tracked investments.
- 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.
- Who does L-SPARK co-invest with?
- L-SPARK most often shares deals with Bosch Ventures, Intel Capital, Nautilus Ventures Management Company (Us), Llc, among 10 tracked co-investors.
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