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L-SPARK

Acceleratoroperating company · company profile

Ottawa · Seed–Series A · 7 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–Series A
HQ
Ottawa, ON, CA
Founded
2014
Portfolio companies
15

Team · 7 people

from the firm's website & curated
Elza Seregelyi· Director
Mike Laginski· Directorin
Stewart Leckie· Director, Military, Defence and Dual-Use Technologies

What they invest in

from 9 of 15 portfolio companies

Enterprise Software ×4SaaS ×4AI & Machine Learning ×3Healthtech ×3Digital Health ×2Fintech ×2Hardware ×2IoT ×2

HQs:Canada×7

Portfolio companies · 15 tracked

alumni founders can tell you what the program is really like
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 Fund Investments (Fund-of-Funds)BDC Industrial Innovation Venture FundBDC Thrive Venture Fund for WomenBDC Venture CapitalCreative Destruction Lab (CDL)Garage Capital+7 more

Activkareactivkare.com

ActivKare sells incontinence products and mobility aids for people recovering from physical setbacks, with same-day or next-day shipping and insurance coverage assistance.

Direct to ConsumerE-commerceHealthtechWellness & Fitness

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

Percy Gagnon(Founder)in

Airy:3Dairy3d.comin

AIRY3D develops depth-sensing technology, including its DepthIQ system integrated onto CMOS image sensors, to give machines 3D perception.

Deep TechHardwareSemiconductorsMontreal, CA

Daniel ButtoninJonathan SaariinJi-Ho ChoinGuillaume Poirierin

Co-investorsIntel CapitalTandemLaunchWI Harper GroupR7 PartnersBosch VenturesNautilus Ventures Management Company (Us), Llc+1 more

Apprendoapprendo.io

Apprendo develops Tessa, an AI chief of staff that conducts regular conversations with employees across an organization to provide leadership with aggregated organizational insights.

AI & Machine LearningEnterprise SoftwareFuture of WorkHR TechSaaS

Camilo Rivera(Founder & CEO)in

B Lineb-line.io

B-Line offers an AI-driven assistant for property management that automates scheduling, bookings, maintenance, access control, and energy management.

AI & Machine LearningEnterprise SoftwareIoTPropTechSaaSHalifax, CA

Aaron Short(Founder & CEO)

Bluink Ltd.bluink.cain𝕏

Bluink provides remote identity verification and digital ID solutions for Canadian organizations seeking to verify customer identities and mitigate fraud risk.

CybersecurityEnterprise SoftwareFintechSaaSOttawa, CA

Steve Borza(Founder)in

Co-investorsInnovative Solutions Canada

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

Co-investorsLegacy Capital Ventures

Chirp Inc.mychirp.comin𝕏

Chirp provides privacy-preserving home monitoring solutions for seniors using voice-enabled sensors rather than wearables or cameras, allowing caregivers to remotely monitor and support older adults.

Digital HealthHardwareHealthtechIoTLongevityWaterloo, CA

Justin Schorn(Cofounder)in

Co-investorsSOSVWaterloo Accelerator Centre

Heydayheyday.ai

Conversational artificial intelligence platform acquired by Hootsuite for $60 million

Co-investorsAnges QuebecInnovobot

Other

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

BidfoundryBuildmetricEnergyxsolutionsEssayjackHippoc

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 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 Intel Capital, M12 (Microsoft's Venture Fund), Nautilus Ventures Management Company (Us), Llc, among 20 tracked co-investors.

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