Fundraising Fox

Leaders Fund

Venture capital

Toronto · Seed–Growth · 16 people tracked

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Investment thesis

Leaders Fund positions itself as an operator-led investor partnering with enterprise software founders on the path to $100M+ in ARR. Drawing on the team's own experience building and exiting companies, the firm emphasizes tactical, hands-on help: refining go-to-market and pricing strategy, strengthening sales motions, landing the first cornerstone enterprise accounts, and navigating key scaling decisions. It backs companies from early stages through growth, having supported startups from pre-revenue through acquisition. The firm highlights deep SaaS and enterprise go-to-market expertise and claims 15 successful exits, framing itself as a co-builder rather than a passive capital provider.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
Check
$20M
HQ
Toronto, Ontario, CA
Instruments
Equity
Founded
2016
Last 12 months
2 investments
Tracked investments
44

Team · 16 people

from the firm's website & public directories
Dara Newton· Communityin
Ken Allen· Operator | Board member | Advisor at Vendarain

Operator, board member and advisor at Vendara within the High Velocity Community.

Nick Stein· CMO | GTM Advisorin

Marketing and go-to-market advisor within the High Velocity Community.

Founder mafia

4 people who came through Leaders Fund went on to found or lead other companies.

What they invest in

from 11 of 44 portfolio companies

AI & Machine Learning ×8SaaS ×7Enterprise Software ×5Cybersecurity ×3Data & Infrastructure ×3Fintech ×3Cloud Computing ×2Marketing Tech ×2

HQs:United States×6Canada×1

Investments · 44 tracked

founders shown can be your intro path

By year:2026 · 12025 · 12023 · 12021 · 14 dated

Upwindupwind.ioin𝕏✓ verified

Upwind is a cloud and AI security platform that combines a runtime intelligence layer with agentless and eBPF-based sensors to correlate cloud inventory, posture, network topology, applications, and identities into a single operational view.

AI & Machine LearningCloud ComputingCybersecurityEnterprise SoftwareSan Francisco, US

Amiram Shachar(Co-Founder & CEO)inTal Zur(Co-Founder & CTO)inLavi Ferdman(Co-Founder, Growth)inLiran Polak(Co-Founder & Chief Architect)inTomer Hadassi(COO)inRinki Sethi(Chief Security Officer (CSO))in

Co-investorsBessemer Venture PartnersCyberstartsArtisanal VenturesCerca PartnersCraft VenturesGreylock Partners+4 more

Advocate Marketing Platform
Agentic Access Management
Agentic AI for Heavy Industries
Agentic Customer Support
AI research and deployment
AI-driven Customer Support/Success
Atomsixstudioatomsixstudio.comin

Atom Six Studio is a strategic partner offering AI, design, and technology services, including AI assessments that map processes, prioritize use cases, and deliver functional proof-of-concepts, followed by building prioritized solutions into production with a dedicated team.

AI & Machine LearningDeep TechEnterprise Software

Autonomous Mobile Robots
CallRailcallrail.com

Atlanta, US

Kevin James Mann(Executive Officer, Director)Mark Andrew Powell(Executive Officer, Director)Michael Eis(Executive Officer)Wain Kellum(Director)

BoardDean Nelson(Director)inStephen Debacco(Director)in

Co-investorsBLH Venture Partners, LLCBrookstone Venture CapitalSageview Capital

Channel Incentive Management
Cloud Optimization
CNAPP
Compliance Automation
CrowdRiffcrowdriff.comin𝕏

CrowdRiff operates a creator marketplace that enables travelers to share authentic local experiences and helps travel brands and agencies leverage user-generated content and visual assets.

Creator EconomyMarketing TechMedia & EntertainmentSaaSTravel & Hospitality

Dan Holowack(Co-Founder & CEO)Abhinav Ajgaonkar(Co-Founder & CTO)

Co-investorsHigh Alpha

Customer Data Platform
DataOps
Developer Security
Dratadrata.comin𝕏

Drata offers a compliance automation platform that centralizes controls and evidence, continuously monitors controls, and tracks remediation so teams can maintain audit readiness across multiple frameworks.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaSSan Diego, US

Adam Markowitz(Chief Executive Officer & Co-Founder)inDaniel Marashlian(Chief Technology Officer & Co-Founder)inTroy Markowitz(Chief Operating Officer & Co-Founder)Tim Jackson(Director)William Griffith(Director)

BoardOren Yunger(Director)

Co-investorsAAF Management Ltd.Alkeon InnovationBallistic VenturesBasis Set VenturesComcast VenturesConverge+11 more

Dynamic Courseware Platform
Lead Attribution Platform
Machine Automation
Machine Learning Ops
Mantlewithmantle.comin𝕏Oct 2023 · $10.5M

Mantle provides a data infrastructure layer that turns fragmented documents, reports, and records about alternative assets into structured, verified data for AI-powered workflows and decisions.

AI & Machine LearningData & InfrastructureFintechToronto, CA

Amit Jethani(Founder)inDwayne Forde(Founder)

Co-investorsEniac VenturesGarage CapitalRelay VenturesSierra VenturesTime Zero CapitalCraft Ventures

Matiamatia.ioin𝕏Feb 2026 · $21M

Matia provides a unified data pipeline that delivers clean, connected, and contextualized data to power AI, including a metadata context layer, semantic layer, data observability, and data quality tooling.

AI & Machine LearningData & InfrastructureSaaS

Co-investorsRed Dot Capital PartnersCaffeinated CapitalSecret Chord Ventures

Personal AI
Precision Robotics
Private Asset Management
Qwakqwak.comin𝕏

JFrog ML (formerly Qwak) is an MLOps platform for building, deploying, managing, and monitoring AI and machine learning workflows, including generative AI, large language models, and classical ML models.

AI & Machine LearningDeveloper ToolsSaaS

Alon Lev(Founder)inLior Penso(Founder)in

Co-investorsBessemer Venture PartnersNordstarStageOne Ventures

Rhorho.coin𝕏Oct 2025 · $150M

Rho offers a business savings account that spreads idle cash across 400+ FDIC-insured banks (via American Deposit Management) for up to $75M in deposit coverage and yield.

Enterprise SoftwareFintechSaaSNew York, US

Everett Cook(Founder & CEO)in

Co-investorsClaritas CapitalClocktower VenturesFlucas VenturesHelium-3 VenturesInspired CapitalRecall Capital+6 more

Spatial
Spotspotinst.comin𝕏acquired by Flexera

Cloud ComputingEnterprise SoftwareSaaS

Tangostangos.aiin

Tangos builds an autonomous investigation platform for financial crime and risk teams, producing examiner-ready case files for AML, enhanced due diligence, sanctions screening, PEP, and counter-terrorist financing investigations.

AI & Machine LearningCybersecurityFintech

Co-investorsClarim VenturesRed Dot Capital PartnersSelah Ventures

Tax Automation
Threat Intelligence Platform
Threekitthreekit.comSep 2021

Chicago, US

Godard Abel(Executive Officer, Director)Benjamin Houston(Executive Officer, Director)Joachim Klein(Executive Officer, Director)David Stein(Director)Matthew Gorniak(Executive Officer, Director)

BoardJacob Mullins(Director)in

Co-investorsIsaiISAI GestionShasta Ventures

Ticketing and Membership Management Platform
Torictoric.com

Co-investorsGarage Capital

UGC Platform
Visual Commerce Platform
Workbrain
Workforce Collaboration
Zaiuszaius.comacquired by Optimizely · Mar 2021

Zaius provided a customer data platform (CDP) and B2C marketing automation software that unified customer data to power personalized marketing campaigns.

AI & Machine LearningData & InfrastructureMarketing TechSaaSBoston, US

Mark Gally(Executive Officer, Director)Spencer Pingry(Executive Officer, Director)Salvatore Fondaco(Executive Officer)Philip Wickline(Executive Officer, Director)

BoardRaymond Tacoma(Director)David Skok(Director)

Co-investorsInsight PartnersUnderscore VCMatrix

Exits · 2

IPOs and acquisitions across the tracked portfolio

Spotacq. by FlexeraZaiusacq. by Optimizely

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Leaders Fund made?
Leaders Fund has 38 tracked investments, 1 of which have exited via acquisition or IPO.
What stage does Leaders Fund invest at?
Leaders Fund invests at the Seed, Series A, Series B, Growth stages.
What is Leaders Fund's typical check size?
Leaders Fund typically writes checks of $20M.
What sectors does Leaders Fund focus on?
Leaders Fund focuses on AI & Machine Learning, Cloud Computing, Cybersecurity, Data & Infrastructure, Enterprise Software, SaaS.
Where is Leaders Fund located?
Leaders Fund is headquartered in Toronto, CA.
Who does Leaders Fund co-invest with?
Leaders Fund most often shares deals with Bessemer Venture Partners, Greylock Partners, High Alpha, among 32 tracked co-investors.

Images

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