N49P
Venture capitalActively deployingCanada Β· Pre-SeedβSeed Β· 3 people tracked
Also known as N49P MANAGEMENT, LLC
Investment thesis
N49P partners with visionary Canadian founders from the earliest stages, aiming to help them reach product-market fit and scale faster. The firm emphasizes hands-on, no-nonsense support and 24/7 availability. It cultivates a founder-led community where portfolio founders share knowledge through WhatsApp groups, Zooms, and events. N49P also offers access to a network of 50+ experienced leaders who provide strategic guidance and customer connections, and it supports founders in transforming their markets.
Source: firm website, verified Aug 25, 2026.
Team Β· 3 people
from the firm's websiteWhat they invest in
from 17 of 23 portfolio companiesAI & Machine Learning Γ11SaaS Γ9Fintech Γ5Marketing Tech Γ4Developer Tools Γ3Enterprise Software Γ3PropTech Γ3Data & Infrastructure Γ2
HQs:United StatesΓ3CanadaΓ1United KingdomΓ1
Investments Β· 23 tracked
founders shown can be your intro pathBy year:2026 Β· 42024 Β· 26 dated
Dessn offers a design-to-code tool that connects to a product's repository and uses AI to extract design components and generate a cloud-hosted design environment built around the codebase.
AdTechAI & Machine LearningData & InfrastructureDeveloper ToolsMarketing TechSaaSSector AgnosticLondon, GB
Marcus Persson(Co-founder)inNils Nygren Liljenstrand(Co-founder & CPO)inGabriella Hachem(Co-founder)Nim(Co-founder)
Co-investorsBetaworksFJ LabsVentures TogetherBallou CapitalConnect VenturesOnstage
Altrio provides AI-native software for commercial real estate investment teams, supporting acquisitions, asset management, capital raising, development, dispositions, lending, and portfolio management.
AI & Machine LearningFintechPropTechSaaS
Co-investorsAlate PartnersMantella Venture PartnersPanache VenturesRelay VenturesWhitecap Venture Partners
Appetronix develops autonomous quick-service restaurant systems that combine AI-driven kitchen automation and robotics to prepare made-to-order meals with zero on-site staff.
AI & Machine LearningFoodTechRobotics
Co-investorsAlleyCorpAlley Robotics Ventures
AssistIQ uses AI-powered computer vision to automatically capture and recognize implants, tissue, and surgical supplies as they are used in the operating room, updating inventory and charge data without manual entry.
AI & Machine LearningHealthtechMedical Devices
Co-investorsBattery VenturesStand Up VenturesTamarind Hill
Backboard provides infrastructure for deploying and operating advanced AI across cloud, private cloud, on-premise, and on-device environments, with model routing, optimization/quantization, persistent memory, and orchestration.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSummit, US
Jonathan Flax(CEO)
Co-investorsGarage CapitalMistral Venture Partners
Baseline is sports facility management software that handles configurable memberships, billing, renewals, predictive churn scoring, revenue forecasting, family accounts, team registration, and payment-gated smart-lock access.
AI & Machine LearningEnterprise SoftwareFintechSaaSSports Tech
Co-investorsFINTOP CapitalService Provider CapitalBaselineExit North Ventures
Baseline is loan management software that provides a branded borrower portal for applications, document uploads, budgets, and draw requests, while giving lenders clean data, faster approvals, and visibility from term sheet to fund release.
FintechPropTechSaaS
Bettermode is a no-code community platform that enables teams to build, manage, and measure community engagement.
Marketing TechSaaS
Mo Malayeri(Founder)in
Co-investorsBessemer Venture PartnersCRV (Charles River Ventures)Inovia CapitalPath Ventures
Move Health is a healthcare insurance planning firm that provides financial advisors with analysis software and a licensed advisory team to estimate healthcare costs and guide clients through health insurance and Medicare enrollment.
FintechHealthtechInsurTech
Co-investorsGarage CapitalGoldman Sachs
Cobrand is a music marketing platform that provides artists and record labels with analytics, fan CRM tools, creator discovery and outreach, and campaign management.
Creator EconomyMarketing TechMedia & Entertainment
Co-investorsAZURO CAPITAL VENTURES
One-click NFT creation tool for creators
CoRecruit is a tool for recruitment agencies that captures and transcribes candidate and client conversations across video, mobile, and VoIP calls, automatically tagging and pushing structured notes and submittals into the firm's applicant tracking system (ATS).
AI & Machine LearningHR TechSaaS
Cultural competence training courses for global teams
Co-investorsGarage Capital
CTO.ai offers DevOps as a Service, setting up end-to-end DevOps workflows for engineering teams to deploy to any cloud.
Cloud ComputingDeveloper ToolsSaaS
Co-investorsPallasite VenturesYaletown Partners
Dessn is a design and prototyping tool that connects to a team's production codebase (read-only) and turns it into a collaborative design environment, letting designers and non-developers create high-fidelity prototypes as live branches without opening an IDE.
AI & Machine LearningDeveloper ToolsSaaS
Gabriella Hachem(Founder)in
Co-investorsBetaworksConnect VenturesConnect Ventures
Maneva develops Video-to-Action AI for manufacturers, converting production-floor visual data into real-time actions for quality control, machine integrity, and line supervision (via its ALIS AI Line Supervisor).
Advanced ManufacturingAI & Machine LearningRoboticsToronto
Rae Chan Jeong(Executive Officer, Director)Kelvin Chan(Co-Founder & CTO)Rae Jeong(Co-Founder & CEO)in
Co-investors640 OxfordArka Venture LabsBling CapitalEvolution VC PartnersUS Venture PartnersFreestyle Capital
Mave provides an AI marketing tool for real estate professionals that automatically gathers property and listing data and generates branded marketing content once a listing goes live.
AI & Machine LearningMarketing TechPropTech
Co-investorsAlate PartnersRelay VenturesBlume VenturesClarim Ventures
Perplexity Fund is a venture capital firm that invests in AI-focused startups, primarily in enterprise software and infrastructure.
AI & Machine Learning
Co-investorsInvariantes Fund
N49P portfolio company going beyond tax filing.
Non-invasive health monitoring device that tracks biomarkers like glucose and ketones in real-time without blood draws.
N49P portfolio company described as a new way to community.
Portfolio news
latest coverage across their companies
Baseline Β· organizing4innovation.com Β· Aug 11, 2026
Perplexity Fund Β· altss.com Β· Jul 12, 2026
Maneva Β· betakit.com Β· Jun 12, 2026
Dessn Β· techcrunch.com Β· May 12, 2026
Actual Β· crowdfundedwealth.com Β· Apr 17, 2026
Mave Β· indianretailer.com Β· Mar 19, 2026
Backboard Β· betakit.com Β· Feb 11, 2026
Frequently asked questions
- How many investments has N49P made?
- N49P has 17 tracked investments, including 3 dated in the last 24 months.
- What stage does N49P invest at?
- N49P invests at the Pre-Seed, Seed stages.
- What is N49P's typical check size?
- N49P typically writes checks of $500K β $750K.
- What sectors does N49P focus on?
- N49P focuses on AI & Machine Learning, Developer Tools, Fintech, SaaS, Sector Agnostic.
- Where is N49P located?
- N49P is headquartered in Canada, CA.
- Does N49P lead rounds?
- N49P typically participates in rounds rather than leading them.
- Who does N49P co-invest with?
- N49P most often shares deals with Garage Capital, Battery Ventures, Bessemer Venture Partners, among 23 tracked co-investors.
From the blog
visit blog βN49P has written recently about closing its fourth fund and announcing pre-seed investments in Dessn, a design-to-code platform, and Wygo, a community organizing infrastructure platform. AI summary
Media Β· Podcasts & interviews
featuring the teamAlex Norman (TechTO/N49P) | How to Build a Thriving Startup Community
Mantle Β· Alex Norman
Zeifmans Armand Sorra sits down with Alex Norman, Partner at N49P & AngelList & TechTO co-founder
Zeifmans Β· Alex Norman
#75 - Alex Norman, Co-Founder of TechToronto, Head of Canada for AngelList and Partner of N49P Ve...
Daniel Lee Β· Alex Norman
Images
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