🦊/Investors

NAventures

Corporate VC

Toronto · Seed–Growth · 8 people tracked

Find your way into NAventures

2,389 people in our graph share verified history with the NAventures team — schools, employers, funds. One of them is your warm intro.

René Kuijtenunlockedknows Irfhan Rawji · together at McKinsey & Company (overlapped)
×4knows the team · via Harvard Business School
×3knows the team · via PwC
knows the team · via Oliver Wyman
knows the team · via Concordia University
×2knows the team · via CEMS - The Global Alliance in Management Education
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Investment thesis

NAventures is the corporate venture capital arm of National Bank of Canada. It invests in, partners with, and helps scale early to mid-stage companies that aim to shape the future of financial institutions. Beyond providing capital, the firm emphasizes hands-on involvement, working alongside founders throughout the process to support the success of their ventures and create value together through strategic investments.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
HQ
Toronto, QC, CA
Instruments
Equity
Last 12 months
5 investments
AUM
$109M
Tracked investments
26

Team · 8 people

from the firm's website & curated

What they invest in

from 26 of 26 portfolio companies

Fintech ×20AI & Machine Learning ×13Enterprise Software ×12SaaS ×11Data & Infrastructure ×7Cybersecurity ×3Consumer ×2Crypto & Web3 ×2

HQs:Canada×10United States×8Romania×1

Who they back

founder profiles across 19 portfolio companies
42%
solo founders
8 of 19 mapped founding teams
31%
repeat founders
of 29 founders with career history

Founding team size:solo founder×82 founders×63 founders×34+ founders×2

Where their founders studiedfrom 27 founders with education data

HEC Montréal ×2Stanford University Graduate School of Business ×2Tel Aviv University ×2

What their founders studiedfrom 25 founders with field-of-study data

Computer Science ×11Engineering ×5Business & Management ×4Finance & Accounting ×3Economics ×2Humanities ×2Life Sciences ×2

Where their founders worked beforefrom 29 founders with career history

PayPal ×3S&P Capital IQ ×3LendingClub ×2OpTier ×2Revolut ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×2

4 founders hold a PhD · 7 hold an MBA (of 27 with degree data)

Investments · 26 tracked

founders shown can be your intro path

By year:2026 · 52023 · 22022 · 12021 · 12019 · 110 dated

Borrowell Toronto, Canadaborrowell.comin𝕏

Borrowell offers Canadians free weekly Equifax credit scores and reports, along with credit monitoring, education, and personalized recommendations for financial products from over 75 partner institutions.

ConsumerFintech

Andrew Graham(Founder)in

Co-investorsAltai VenturesClocktower VenturesDMZ VenturesKensington Capital Partners LimitedRogue Insight CapitalWhite Star Capital+1 more

Callvucallvu.comin

Callvu provides AI-powered workflow automation for financial services and regulated industries, enabling compliant customer interactions across channels with built-in compliance controls and direct system integration.

AI & Machine LearningEnterprise SoftwareFintechSaaSSales Tech

Dr. Ori Faran(Chief Executive Officer, Co-Founder)Doron Rotsztein(Chief Technology Officer, Co-Founder)inRoee Halfon(VP of Technical Operations, Co-Founder)in

Co-investorsPRYTEK

ClearEstateclearestate.comin𝕏Feb 2022 · $16.8M

ClearEstate provides a technology platform for settling estates, automating administrative tasks and reducing professional fees for executors managing the estate settlement process.

FintechLegalTech

Co-investorsOMERS VenturesDiagramTriangle Capital

d1g1td1g1t.comin𝕏May 2023

d1g1t provides wealth management and portfolio management software for financial advisors, RIAs, and multi-family offices.

Enterprise SoftwareFintechSaaSToronto

Dan Rosen(Co-founder & CEO)inPhilippe Rouanet(Co-founder & COO)inBenoit Fleury(Co-founder)inJason Marks(Director)inDarie Urbanky(Director)Andrew L. Newcomb(Director)

Co-investorsExtreme Venture PartnersExtreme Venture Partners LLPFINTOP CapitalMissionOGGibraltar VenturesIlluminate Financial

Dualityduality.aiin𝕏Oct 2021 · $30M

Duality develops simulation software that models complex environmental scenarios and processes real-time sensor and machine data.

AI & Machine LearningDeep TechRoboticsSan Mateo, US

Apurva Shah(Founder)inMichael Taylor(Founder)in

Co-investorsDorm RoomDrive CapitalHG VenturesIntel CapitalHearst VenturesLemnos VC+2 more

Duality Technologiesdualitytech.comin𝕏Sep 2019 · $30M

Duality provides a privacy-preserving data collaboration platform that lets organizations analyze and share sensitive, distributed data without moving or exposing it, using Privacy Enhancing Technologies such as fully homomorphic encryption, federated learning, and trusted execution environments.

AI & Machine LearningCybersecurityData & InfrastructureMaplewood, US

Kurt Rohloff(Executive Officer)inRina Shainski(Executive Officer, Director)Alon Kaufman(Executive Officer, Director)inShafi Goldwasser(Executive Officer)Vinod Vaikuntanathan(Executive Officer)in

BoardYuval Shachar(Director)in

Co-investorsLG Technology VenturesHearst VenturesIntel CapitalTeam8

Flinksflinks.ioin

Flinks provides account funding and payment initiation solutions for financial institutions, enabling digital-first deposit management with real-time processing and risk-free transactions.

Cloud ComputingData & InfrastructureFintechSaaSToronto, CA

Julien D. Cousineau(Founder)in

Co-investorsInnoStart CapitalLuge CapitalPanache Ventures

Flowxflowx.aiin𝕏

FlowX.AI provides a platform with over 220 production-ready AI agents and an agent builder to automate mission-critical value streams such as onboarding, lending, underwriting, claims, and invoice reconciliation for regulated industries.

AI & Machine LearningEnterprise SoftwareFintechBucharest, RO

Serban Chiricescu(Founder)in

Co-investorsDawn CapitalDay One CapitalDayone CapitalSeedBlink

Fonds de solidarité FTQfondsftq.comin𝕏Jun 2026 · $302M

Fonds de solidarité FTQ is a Quebec labour-sponsored investment fund offering retirement and savings products (RRSP, TFSA, RRIF) that channel individuals' savings into Quebec businesses.

FintechImpact & Social Good

Co-investorsGrandBanks CapitalDiagramEndeavor CatalystFondactionFonds de solidarité FTQLa Caisse

KOHOkoho.cain𝕏

KOHO offers a mobile personal finance app for Canadian consumers, providing a spending account with cash back, interest-earning savings, credit building, cash advances, and additional services like eSIM and travel insurance.

ConsumerFintech

Co-investorsDrive CapitalFerst Capital PartnersTTV Capital

Maxamaxa.aiin

Maxa is an agentic platform that uses AI agents to build and maintain production-grade dbt data pipelines for finance and operations teams, unifying enterprise systems like SAP, Oracle, Salesforce, and Workday into a single data model.

AI & Machine LearningData & InfrastructureEnterprise Software

Alexis C. Steinman(Founder)in

Co-investorsFramework Venture PartnersGraphite VenturesAQC CapitalBDC Capital CorporationYork IE

Memcycomemcyco.comin𝕏Jan 2026 · $37M

Memcyco provides account takeover (ATO) and fraud prevention for security teams at enterprises and financial institutions.

AI & Machine LearningCybersecurityEnterprise SoftwareFintech

Ori Mazin(Founder)inEli M.(Founder)in

Co-investorsVenture Guides Management, L.P.

MindBridge Aimindbridge.aiin𝕏

MindBridge builds AI-based financial risk intelligence software for audit and finance teams.

AI & Machine LearningEnterprise SoftwareFintechSaaS

Solon Angel(Founder)in

Co-investorsReciprocal Ventures

Multiversemultiverse.aiJul 2026 · $570M

Multiverse.ai is a decentralized platform for building AI systems such as large language models, RAG, and chatbots, where contributors provide knowledge and data in exchange for ownership stakes.

AI & Machine LearningCrypto & Web3Data & Infrastructure

Co-investorsArrington CapitalSamsung NextArrington XRP CapitalQatar Development BankZouk Capital

MX technologiesmx.comin

MX provides financial data connectivity, intelligence, and API tools that enable banks and fintechs to deliver personalized financial guidance and insights to their customers.

Data & InfrastructureFintechSaaSLehi, US

Brandon Dewitt(Co-Founder)inRyan Caldwell(Founder and CEO)in

Co-investorsBattery VenturesCapitalGCommerce VenturesCota CapitalCross Creek AdvisorsDG Daiwa Ventures+6 more

Nestonesto.cainJun 2026 · $300M

Nesto is an online mortgage lending platform in Canada that offers origination, funding, and servicing for residential mortgages with transparent pricing and simplified application processes.

AI & Machine LearningFintechPropTechSaaSCanada, CA

Malik Yacoubi(CEO & Co-Founder)in

Co-investorsBreyer CapitalDiagramEndeavor CatalystExpedition Growth CapitalFondactionFonds de solidarité FTQ+1 more

Nova Creditnovacredit.comin𝕏

Nova Credit aggregates global credit bureau data, bank transaction data, and payroll information to help lenders assess borrowers and provide fairer access to credit for underserved populations including international newcomers, gig workers, and others traditionally excluded from the financial system.

Data & InfrastructureEnterprise SoftwareFintechNew York City, US

Misha Esipov(Founder/CEO)inLoek Janssen(Cofounder)in

Co-investorsKleiner PerkinsGeneral CatalystA-Rod CorpAvid VenturesBallistic VenturesBetter Tomorrow Ventures+12 more

OneVestonevest.comin𝕏

OneVest provides an AI-native operating system platform for wealth management that integrates fragmented legacy systems, enabling financial firms to operate with greater speed, control, and scale.

AI & Machine LearningEnterprise SoftwareFintechToronto, CA

Jakob Pizzera(Founder)inAmar Ahluwalia(Chief Executive Officer)in

Co-investorsAAF Management Ltd.Harvest Venture PartnersLuge CapitalOMERS VenturesPanache VenturesSalesforce Ventures+5 more

Ownlyownly.rein

Ownly provides a digital platform that helps home builders understand buyer behavior and guide prospective buyers through the entire homebuying journey, from initial exploration to purchase.

Enterprise SoftwareMarketing TechPropTechSaaSSales Tech

Jason Hardy(Co-Founder & CEO)inRay Yip(Co-Founder & CTO)in

Co-investorsGarage Capital

Sardinesardine.aiin𝕏

Sardine provides a fraud investigation platform that contextualizes risk across customers, devices, transactions, and businesses within an organization's ecosystem.

AI & Machine LearningCybersecurityFintechSan Francisco, US

Soups Ranjan(Founder & CEO)inAdi G(Founder)Zahid Shaikh(Founder)in

Co-investors11.2 CapitalActivant CapitalAndreessen HorowitzCannage CapitalCoinbase VenturesCross Creek Advisors+14 more

Sortspokesortspoke.comin

SortSpoke provides AI-powered document processing and analysis for insurance companies using machine learning models trained in Toronto.

AI & Machine LearningEnterprise SoftwareInsurTechSaaSToronto, CA

Jasper Liin

Co-investorsIDEA Fund PartnersScaleUP VenturesSixThirty Ventures

Spadespade.comin𝕏Apr 2026 · $40M

Spade provides transaction data enrichment and standardization for financial institutions, fintechs, platforms, and AI companies.

AI & Machine LearningData & InfrastructureFintechNew York City, US

Oban MacTavish(Founder)inCooper Hart(Cofounder)in

Co-investorsAndreessen HorowitzEvolution VenturesGradient VenturesOak HC/FTY CombinatorDash Fund+2 more

Syncterasynctera.comin𝕏Apr 2023 · $15M

Synctera offers a banking-as-a-service platform with a single set of APIs covering core banking, card processing, money movement, and end-user onboarding, so companies can build fintech and embedded finance products.

Developer ToolsEnterprise SoftwareFintechSaaSPalo Alto, US

Peter Hazlehurst(Executive Officer, Director)in

BoardLogan Allin(Director)inFrederic Latreille(Director)inWilliam Kohler(Director)Ansaf Kareem(Director)inYvette Butler(Director)

Co-investorsDiagramEvolution VenturesFin CapitalFlucas VenturesNeythri Futures FundScribble Ventures+8 more

Tetradgtetradg.comin𝕏

Unity is a platform that provides a unified integration layer for institutional digital asset management, connecting custodians and service providers while standardizing data and automating workflows.

Crypto & Web3Enterprise SoftwareFintechCanada, CA

Robin Dindayal(Founder)in

Walnutgowalnut.comin𝕏

Walnut provides embedded insurance infrastructure that lets companies launch in-platform branded insurance programs through APIs or no-code integrations, without prior insurance experience.

FintechInsurTechSaaS

Derek Szeto(CEO, Co-Founder)inAdrien Niblock(CPO, Co-Founder)in

Co-investorsDiagramHarvest Venture PartnersA.Capital VenturesEight Roads VenturesFelicis VenturesNFX

Wisetackwisetack.comin

Wisetack provides consumer financing at the point of sale, letting merchants offer their customers installment payment plans through Wisetack's lending partners.

FintechSaaSSan Francisco, US

Boyan Tzekin(Executive Officer, Director)Bobby Tzekin(CEO and Co-Founder)inKolya Klymenko(CTO & Co-Founder)inMykola "Kolya" Klymenko(CTO and Co-Founder)inLiz O'Donnell(Co-Founder (formerly COO))inKatya Baron(Chief Capital Officer)in

Co-investorsConversion CapitalGreylock PartnersInsight PartnersQuadrille CapitalUlu VenturesBain Capital Ventures+1 more

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has NAventures made?
NAventures has 26 tracked investments, including 5 dated in the last 24 months.
What stage does NAventures invest at?
NAventures invests at the Seed, Series A, Series B, Growth stages.
What sectors does NAventures focus on?
NAventures focuses on Fintech.
Where is NAventures located?
NAventures is headquartered in Toronto, CA.
Who does NAventures co-invest with?
NAventures most often shares deals with Diagram, Evolution Ventures, Geodesic Capital, among 76 tracked co-investors.
What size deals does NAventures back?
Across 6 deals with disclosed amounts, NAventures has joined rounds of $15M – $300M (median $33.5M).

Media · Podcasts & interviews

from their channel

Economic Impact - The peace dividend unwinds

National Bank of Canada

Economic Impact - Canada Is Not in Recession

National Bank of Canada

Economic Impact - A Shock Like No Other

National Bank of Canada

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