Fundraising Fox

Panache Ventures

Pre-Seed–Seed · 10 people tracked

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Investment thesis

Panache targets visionary founders at the pre-seed stage across all sectors, leveraging the firm's operational background and coast-to-coast network to provide early institutional capital and hands-on support. The firm prioritizes founders in Canada and emphasizes speed and founder-friendly partnership, with no board seats or ego-driven involvement. Portfolio companies have collectively raised over $3.3B, reflecting the firm's track record in helping early-stage companies scale to Series A.

Invests inSector Agnostic

Source: firm website, verified Jul 20, 2026.

Stage
Pre-Seed–Seed
Check
$1.5M
Leads rounds
Follows
AUM
$100M
Tracked investments
115

Team · 10 people

from the firm's website
Genevieve Tanguay· Partner

With over 25 years in private equity and venture capital, Genevieve served as CEO of Anges Québec and launched AQC Capital Fund II. She brings board governance experience across 20+ organizations and is recognized as a leader advocating for founders and diversity in Montreal's innovation ecosystem.

Mike Cegelski· Partner

A founder of 500 Startups Canada and former chair of Anges Québec, Mike built and exited two companies—iBwave and Beltron. He specializes in seed-stage investing and is recognized as a champion of founder support and angel investing in Canada.

Prashant Matta· Partner

Formerly with OMERS Ventures and a product strategist at Samsung, Prashant combines late-stage and early-stage investing expertise with software development and analytical skills. He serves as a VC program director at Schulich ExecEd and CVCA board member, supporting the Canadian tech ecosystem.

Domenic Del Vecchio· Principal

Domenic leads investment activities in Quebec and Eastern Canada, seeking founders building transformative solutions. He transitioned from strategic innovation roles at major Canadian companies and growth operations at early-stage Montreal startups to focus on founders in ideation and early growth stages.

Sarah Willson· Principal

An investor and entrepreneur with experience building a consumer marketplace, Sarah teaches Financing Growing Ventures at Schulich School of Business. She provides early-stage founders with hands-on guidance grounded in both entrepreneurial and investment expertise, with a focus on supporting Canadian founders.

Patrick Lor· Venture Partner

A two-time founder and former GP at 500 Startups Canada, Patrick exited iStockphoto to Getty and Fotolia to Adobe. He brings deep founder networks and pattern recognition to early-stage backing, with a recognized presence as a community connector in Alberta.

Alejandro Marin· Vice President, Finance

Alejandro brings over a decade of finance and accounting experience spanning finance, taxation, and mergers and acquisitions. He advises on complex transactions, compliance, and financial process optimization to support Panache's financial oversight and operational efficiency.

Inshaal Qadir· Analyst

With exposure to early-stage investing through roles at BDC Capital and GreenSky Ventures, Inshaal combines venture experience with hands-on startup work, including MVP development and go-to-market strategy in logistics. She partners with founders on early validation and customer acquisition.

Melaniia Volkodav· Associate

Melaniia evaluates investment opportunities across healthcare, energy, AI infrastructure, and enterprise software themes. She brings prior experience from data analytics and consulting roles, as well as early-stage investing in AI/ML companies and support for deep tech founders at Creative Destruction Lab.

Melissa Belec· Vice President, Investor Relations

Melissa leads investor relations at Panache, drawing on B2B software sales and early-stage startup experience from a Silicon Valley role. She completed an MBA at Babson College with concentrations in Machine Learning and Entrepreneurship, and was recognized on Poets & Quants' 2023 MBAs to Watch list.

What they invest in

from 27 of 115 portfolio companies

AI & Machine Learning ×15Enterprise Software ×12SaaS ×8Data & Infrastructure ×6Deep Tech ×5Developer Tools ×5Hardware ×4Advanced Manufacturing ×3

HQs:Canada×12United States×5Israel×1India×1

Investments · showing 60 of 115

founders shown can be your intro path
Clearlineuseclearline.comin𝕏✓ verified

Clearline is an AI-native operating system for dealerships that centralizes customer interactions across sales and service, automating responses and follow-ups. It consolidates fragmented customer communication and revenue tracking into a single platform to improve dealership operations.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareRetail TechSaaSKitchener, CA

Adi Patel(Founder)inAbhi Patel(Founder)inAdiAbhi

ACTO
Actoappactoapp.com
Agentfieldagentfield.ai
ALT TEXthealttex.comin𝕏

Develops alternative textile materials to replace polyester and reduce the fashion industry's plastic consumption and carbon emissions.

Advanced ManufacturingBiotechCircular EconomyClimate TechNew MaterialsToronto, CA

Myra Arshad(Founder)inAvneet Ghotra(Founder)in

Altrio
Anchorforma.aiin

Forma.ai provides a sales performance management (SPM) system that helps enterprise organizations manage sales compensation, planning, and performance data in a unified platform. The product enables complex go-to-market operations by integrating sales comp, planning, and analytics to optimize revenue growth.

AI & Machine LearningEnterprise SoftwareSaaSSales Tech<UNKNOWN>

Angelhost
AON3Daon3d.comin𝕏

AON3D develops additive manufacturing hardware, software, and materials for industrial 3D printing applications. The company serves businesses ranging from small firms to Fortune 500 enterprises across healthcare, aerospace, and manufacturing sectors.

Advanced ManufacturingAI & Machine LearningDeep TechHardwareRoboticsMontreal, CA

Kevin Han(Founder/CPO)inRandeep Singh(Founder)inAndrew Walker(Founder)in

Arvo AI
Arvoaiarvoai.ca
Asephaasepha.aiin

Asepha provides AI-powered automation solutions for pharmacies to automate routine administrative tasks like patient calls, prescription intake, and prior authorization workflows. The platform enables pharmacy staff to focus on clinical and patient care services while improving operational efficiency and revenue.

AI & Machine LearningHealthtechToronto, CA

Audetteaudette.io

Audette provides a platform for asset and portfolio managers to identify and prioritize building retrofit investments, using data analysis to uncover high-return opportunities that improve net operating income and reduce emissions. The software serves commercial real estate asset managers seeking to optimize capital allocation for property upgrades.

PropTechSaaS

Beatdappbeatdapp.com
Biossilbiossil.co
Blume
Botpressbotpress.io
Canada Rocket Company
Canadarocketcompanycanadarocketcompany.com
Carbidecarbidesecure.comin

A trust center platform that helps businesses of all sizes accelerate sales cycles and demonstrate security compliance to customers. It automates the process of responding to customer security and compliance inquiries.

CybersecurityEnterprise SoftwareSaaSSydney, CA

Carbonruncarbonrun.io
Certncertn.co
Chemshiftchemshift.com
Chemshift Technologies
Class8class8.comin𝕏

Class8 processes fleet telematics data from trucking companies to provide operational insights and management tools. The company serves trucking carriers through white-labeled solutions integrated with electronic logging devices and original equipment manufacturers.

Data & InfrastructureEnterprise SoftwareIoTLogistics & Supply Chain

Clutchclutch.ca
CoLabcolabsoftware.comin𝕏

CoLab provides AI-powered design review and collaboration software for engineering teams, automating design quality checks and organizing engineering knowledge within PLM and CAD systems.

Advanced ManufacturingAI & Machine LearningDeveloper ToolsEnterprise SoftwareHardwareSt. John's, CA

Jeremy Andrews(Founder)inAdam Keating(Founder)in

Cybridcybrid.xyz
Deep Skydeepskyclimate.comin𝕏

Deep Sky develops carbon removal technology, leveraging geological expertise and subsurface engineering to address climate change. The company operates with teams of geologists, climate scientists, and software engineers across multiple countries.

AI & Machine LearningCleantechClimate TechDeep TechInnisfail, CA

Dfuse
DreamFolddreamfold.aiin𝕏

Dreamfold engineers proteins as therapeutic medicines, using generative AI models that reason over protein sequence and structure to enable potent, localized immune modulation with minimal off-target effects.

AI & Machine LearningBiotechMedical Devices

DreamFold AI
Dreamwelldreamwell.ai

Dreamwell is a software platform that helps brands manage influencer marketing campaigns by automating influencer discovery, prospecting, negotiation, and performance tracking using a scoring system and conversion pixel.

Marketing TechSaaS

Dreamwell AI
Electiveelective.com
Elieli.healthin

Eli develops and manufactures at-home hormone level tests that collect longitudinal data on daily hormonal patterns. The company serves individuals interested in tracking their hormone levels through accessible, simple testing.

ConsumerDeep TechDigital HealthFemTechWellness & FitnessMontréal, CA

Enpoweredenpowered.com
Featherlessfeatherless.ai
Featherless AI
FightCampjoinfightcamp.comin𝕏

FightCamp provides home boxing and martial arts training equipment and coaching, combining a hardware console with trackers and wraps alongside a structured digital training platform. The company serves individuals who want to practice combat sports at home with measured progress tracking.

ConsumerGamingHardwareLos Angeles, US

Khalil Zahar(Founder/CEO)inPatrick Chandler(Founder/CMO)inAlexandre Marcotte(Founder/CTO)in

Fincurafincura.ai
FISPAN
Flinksflinks.io
Getgiagetgia.ai
Green Eye Technologygreeneye.agin

Greeneye develops AI-powered targeted spraying systems that convert standard agricultural sprayers into precision machines, enabling farmers to reduce chemical pesticide use by 80-90% while maintaining crop performance. The company combines machine vision and agronomic data to deliver autonomous, real-time field treatment decisions.

AgTechAI & Machine LearningClimate TechRoboticsTel Aviv, IL

Greeneye Technology
Honestdoorhonestdoor.com
HumanFirst
HumanFirst AIhumanfirst.ai
Improimpro.ai
Instaswitchinstaswitch.co
Kilnkiln.tech
Kiln AI
Korapaykorapay.com
Lanceylancey.ai
Liliahellolilia.comin𝕏

Lilia provides egg freezing and reproductive health information to help women make proactive choices about their fertility and family planning.

FemTechHealthtechWellness & FitnessSan Francisco, US

Alyssa Atkins(CEO)inAlyssa

Lotlylotly.com
Matchbook AI
Matchbookaimatchbookai.com
Meetblumemeetblume.com

Frequently asked questions

What stage does Panache Ventures invest at?
Panache Ventures invests at the Pre-Seed, Seed stages.
What is Panache Ventures's typical check size?
Panache Ventures typically writes checks of $1.5M.
What sectors does Panache Ventures focus on?
Panache Ventures focuses on Sector Agnostic.
Does Panache Ventures lead rounds?
Panache Ventures typically participates in rounds rather than leading them.

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