What stage does Onwave ventures invest at?

Onwave ventures invests at the Seed, Series A, Series B, Growth stages.

What is Onwave ventures's typical check size?

Onwave ventures typically writes checks of $100K – $1M.

What sectors does Onwave ventures focus on?

Onwave ventures focuses on Fintech, Healthtech.

Where is Onwave ventures located?

Onwave ventures is headquartered in Oakville, CA.

Onwave ventures

Venture capital

Oakville · Seed–Growth · 2 people tracked

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Investment thesis

OnWave Ventures is an early-to-growth-stage venture fund concentrating on fintech, mobile and internet technology. It typically invests between C$100K and C$1MM per early-stage deal, reserving capital for follow-on rounds in successful companies. Its primary geographic focus is Canada and the United States, and it seeks ambitious entrepreneurs pursuing large markets with innovative, durable business models. Because the fund invests its own capital, it can take a long-term view and offer flexibility on deal structure and terms. The firm positions itself as an enabler, providing support, resources and discipline to help ideas grow into profitable businesses.

Invests inFintech Healthtech Canada United States

Source: firm website, verified Oct 2, 2026.

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Stage

Seed–Growth

Check

$100K – $1M

Oakville, CA

Instruments

Equity

Founded

2016

Tracked investments

Team · 2 people

from the firm's website

Vlad Ilchuk· Managing Partner· Oakville, ON

Vlad has over 25 years of senior corporate executive experience and most recently founded and led several ventures in energy and agribusiness. Originally from Russia, he was part of the executive team at private energy company ITERA, which exited to an oil and gas major, and now runs a family office in Oakville investing globally.

vlad@onwaveventures.com

Alex Yurganov· Partner

Alex has over 15 years of management consulting and general management experience in high-growth industries, most recently at McKinsey & Company supporting large US financial institutions in digital and operations transformations. He holds an MBA from IMD and a law degree from the Higher School of Economics in Moscow.

alex@onwaveventures.com

What they invest in

from 1 of 1 portfolio companies

AI & Machine Learning ×1Enterprise Software ×1Healthtech ×1

HQs:United States×1

Investments · 1 tracked

founders shown can be your intro path

Collectlycollectly.co inSeed

Collectly provides AI-powered automation for healthcare revenue cycle management and patient financial engagement.

AI & Machine LearningEnterprise SoftwareHealthtechSan Francisco, US

Levon Brutyan(Founder/CEO)inMax Mizotin(Founder)in

Co-investorsCabra VC GoAhead Ventures Granatus Ventures Invariantes Fund Sapphire Ventures Y Combinator +10 more

Frequently asked questions

What stage does Onwave ventures invest at?: Onwave ventures invests at the Seed, Series A, Series B, Growth stages.
What is Onwave ventures's typical check size?: Onwave ventures typically writes checks of $100K – $1M.
What sectors does Onwave ventures focus on?: Onwave ventures focuses on Fintech, Healthtech.
Where is Onwave ventures located?: Onwave ventures is headquartered in Oakville, CA.