Fundraising Fox

Panache Ventures

Venture capital

Montreal · Pre-Seed–Seed · 15 people tracked

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Investment thesis

Panache Ventures is Canada's pre-seed fund, focused on helping technology founders build high-growth companies from the earliest stage. Frequently the first institutional investor on the cap table, the firm writes initial cheques up to $1.5M from its $100M Fund II and invests across all sectors. Its approach emphasizes hands-on, operator-driven support without taking board seats, guiding portfolio companies toward Series A through direct guidance and warm introductions to leading funds in Canada and the US. With offices coast to coast, the firm leverages a nationwide network and decades of operational experience to help founders scale.

Invests inSector AgnosticCanadaMontrealToronto

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
Check
$1.5M
HQ
Montreal, QC, CA
Leads rounds
Leads
Instruments
Equity
Founded
2017
AUM
$100M
Tracked investments
121

Team · 15 people

from the firm's website & public directories

What they invest in

from 38 of 121 portfolio companies

AI & Machine Learning ×18SaaS ×16Enterprise Software ×13Data & Infrastructure ×8Developer Tools ×6Deep Tech ×5Cybersecurity ×4Hardware ×4

HQs:Canada×18United States×7Israel×1India×1Kenya×1

Investments · 121 tracked

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.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareRetail TechSaaSKitchener, CA

Adi Patel(Founder)inAbhi Patel(Founder)in

ACTOactoapp.comin
Agentfieldagentfield.aiin𝕏
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
Angelhost
AON3Daon3d.comin𝕏

AON3D develops additive manufacturing hardware, software, and materials for industrial 3D printing applications.

Advanced ManufacturingAI & Machine LearningDeep TechHardwareRoboticsMontreal, CA

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

Arvoarvoai.cain𝕏
Arvo AI
Asephaasepha.aiin

Asepha provides AI-powered automation solutions for pharmacies to automate routine administrative tasks like patient calls, prescription intake, and prior authorization workflows.

AI & Machine LearningHealthtechToronto, CA

Can Uncu(Cofounder)Eunice Wu(Cofounder)

Audette-Logomark-Hot-pinkaudette.ioin

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.

PropTechSaaS

Beatdappbeatdapp.comin𝕏
Biossilbiossil.co
Blume
Botpressbotpress.io
Canada Rocket Companycanadarocketcompany.comin
Carbidecarbidesecure.comin𝕏

A trust center platform that helps businesses of all sizes accelerate sales cycles and demonstrate security compliance to customers.

CybersecurityEnterprise SoftwareSaaSSydney, CA

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

Class8 processes fleet telematics data from trucking companies to provide operational insights and management tools.

Data & InfrastructureEnterprise SoftwareIoTLogistics & Supply Chain

Clutchclutch.cain𝕏
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 SoftwareHardwareSaaSSt. 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.

AI & Machine LearningCleantechClimate TechDeep TechInnisfail, CA

Dfusedfuse.io𝕏

StreamingFast (dfuse) builds blockchain data infrastructure, including the Firehose extraction layer and Substreams, a parallelized streaming engine that lets developers write Rust modules to index and transform full blockchain histories and sink the data to destinations like PostgreSQL, Kafka, or subgraphs.

Crypto & Web3Data & InfrastructureDeveloper Tools

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

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

Electiveelective.com
Elieli.healthin

Eli develops and manufactures at-home hormone level tests that collect longitudinal data on daily hormonal patterns.

ConsumerDeep TechDigital HealthFemTechWellness & FitnessMontréal, CA

Enpoweredenpowered.comin𝕏
Featherless AI

Instant, unlimited hosting for any llama model on HuggingFace.

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.

ConsumerGamingHardwareLos Angeles, US

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

Fincurafincura.aiin
FISPAN
Flinksflinks.ioin
Formaforma.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.

AI & Machine LearningEnterprise SoftwareSaaSSales Tech<UNKNOWN>

Nabeil Alazzam(Founder & CEO)in

Getgiagetgia.aiin
Green Eye Technologygreeneye.agin𝕏

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.

AgTechAI & Machine LearningClimate TechRoboticsTel Aviv, IL

HonestDoorhonestdoor.comin𝕏
HumanFirst
HumanFirst AIhumanfirst.aiin𝕏
Hypercomplyhypercomply.comin𝕏

HyperComply offers an AI-powered platform that automates security questionnaires and evidence-sharing through a Trust Page, helping companies demonstrate security and compliance to customers.

AI & Machine LearningCybersecuritySaaS

Improimpro.aiin
Instaswitchinstaswitch.coin
Kilnkiln.tech
Kiln AI
Koblecareskoblecares.com
Korapaykorapay.com𝕏

Kora (Korapay) is a payment infrastructure company that helps African businesses operate globally and enables multinational corporations to scale across Africa through an end-to-end payment engine.

Fintech

Lanceylancey.ai
Lanejoinlane.comin

PropTechToronto, CA

Lexoplexop.com
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(Founder)in

Lotlylotly.com
Matchbookmatchbookai.comin𝕏
Matchbook AI
Maydaymayday.amin

Mayday was a productivity software company focused on calendar and time management that emphasized empathy and coordination of shared time demands.

AI & Machine LearningFuture of WorkSaaSWellness & FitnessToronto, CA

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.
Where is Panache Ventures located?
Panache Ventures is headquartered in Montreal, CA.
Does Panache Ventures lead rounds?
Yes, Panache Ventures leads investment rounds.

From the blog

visit blog ↗

Panache Ventures has recently written about InstaSwitch, a business bank-switching automation platform that addresses a major activation gap for banks and fintechs, and CarbonRun, a climate technology company using river alkalinity restoration for large-scale carbon capture. AI summary

Media · Podcasts & interviews

featuring the team

Beyond the Box: Prashant Matta - Panache Ventures

Beyond the Box · Prashant Matta

Prashant Matta of Panache Ventures speaks with Peggy Van de Plassche of the New Normal in Finance

Roar Growth · Prashant Matta

Images

Panache Ventures photo

Co-investors · 14

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FINTOP Capital

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QohashSurreal Flower
Saltagen Ventures

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Both backed · 2
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2048 Ventures

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Both backed · 1
$500K – $3M
Uber

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Kraken

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Stellar Capital

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Banana Capital

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$1 – $250K
LOI Venture

LOI Venture is a seed-stage venture fund co-founded by Hootsuite Founder Ryan Holmes and Angel Investor Manny Padda focused on backing founders under 30 usually building tech products attending the LOI Program.

$100K – $1M
BDC Venture Capital

BDC Venture Capital is the venture capital arm of the Business Development Bank of Canada, describing itself as Canada's largest and most active venture capital investor, backing Canadian technology companies with equity, advice and network access.

$365K – $25.6M
Pioneer Square Labs

Pioneer Square Labs operates as a startup studio and venture capital fund, partnering with founders to build world-changing companies by combining exceptional founders, innovative ideas, and investment capital.

2 more co-investors

Radical VenturesMetanoia

Firms observed investing alongside Panache Ventures, from public investor directories. Shared companies are the overlap with Panache Ventures's recorded portfolio.

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