Fundraising Fox
Pelorus Venture Capital
Venture capitalSt. John's · Pre-Seed–Seed · 3 people tracked
Also known as Pelorus
Find your way into Pelorus Venture Capital
Sign up to see every warm intro you have to Pelorus Venture Capital
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Pelorus Venture Capital team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Investment thesis
Pelorus Venture Capital invests at the pre-seed and seed stage in innovation companies based in Newfoundland and Labrador, aiming to build the Atlantic Canadian startup ecosystem. It manages the Venture Newfoundland and Labrador LP I and II funds, created together with the Province of Newfoundland and Labrador, BDC Capital, and angel investors. The firm partners early with founders, acting as an active advisor and emphasizing authentic, transparent, and aligned relationships between investors and entrepreneurs. Its objective is to help talented entrepreneurs with innovative technologies commercialize their products and services while delivering venture returns to investors. The firm is sector-agnostic.
Source: firm website, verified Sep 27, 2026.
Team · 3 people
from the firm's website & public directories
What they invest in
from 8 of 14 portfolio companiesAI & Machine Learning ×6Healthtech ×4SaaS ×4Digital Health ×2LegalTech ×2Medical Devices ×2Advanced Manufacturing ×1Biotech ×1
HQs:Canada×4
Investments · 14 tracked
founders shown can be your intro path
BreatheSuite delivers pulmonary rehabilitation for COPD patients in a home-based format, combining physical therapy and respiratory therapy led by licensed clinicians.
Digital HealthHealthtech
Dr. Kali Nordin(Clinical Director | Doctor of Physical Therapy)
Co-investorsCreative Destruction Lab (CDL)Killick CapitalMemorial Centre for Entrepreneurship
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)inSteph Burry(Head of People \u0026 Culture)Tessa Whelan(Recruiter)
Co-investorsCreative Destruction Lab (CDL)Fjor FoundersFundersClubInsight PartnersIntrepid Growth PartnersJude Gomila+11 more
HeyOrca is a social media management platform for social media managers and small marketing teams to plan and collaborate on content, engage with communities, and report on performance in one place.
Marketing TechSaaSSocial
Joe(Chief Executive Orca (CEO), Founder)
Co-investorsKillick CapitalBDC Capital Corporation
Sequence Bio discovers genetic causes of disease within Newfoundland and Labrador's founder population to develop breakthrough treatments, diagnostics, and preventions.
AI & Machine LearningBiotechDeep TechHealthtechSt. John's, CA
Jeremy Grushcow(Chief Business Officer)inChris Gardner(President + CEO)inLynn Healey(Chief Executive Officer)inTom Barber(Chief Scientific Officer)inTyler Wish(Executive Officer, Director)James Hardiman(Director)
Co-investorsC3 VenturesDCVC (Data Collective)Killick CapitalY CombinatorHeron Rock AL Access FundsVenture Newfoundland and Labrador
SiftMed is an AI-powered platform that automates the organization and analysis of medical records for legal professionals, medical experts, and life care planners.
AI & Machine LearningDigital HealthHealthtechInsurTechLegalTechMedical Devices
Jeremie Larouche(Co-founder)Holly
Co-investorsEast Valley VenturesSandpiper VenturesStaircase VenturesThe 51 Ventures
Sparrow Bio Acoustics develops Stethophone Pro, a smartphone-based medical device platform that uses AI-powered heart sound analysis to detect cardiovascular disease earlier in patient care pathways.
AI & Machine LearningHealthtechMedical Devices
Co-investorsKillick Capital
Spellbook is an AI system for contract work that lets legal teams intake, draft, review, and store agreements, running first-pass reviews against a team's standards and enforcing playbooks on every contract.
AI & Machine LearningLegalTechSaaS
Verlo is an AI assistant for wealth management and financial advisory practices that reads client documents, joins and transcribes calls, drafts follow-ups, fills in forms, and runs financial analyses like Monte Carlo simulations.
AI & Machine LearningFintechSaaS
Co-investorsEast Valley VenturesThe 51 Ventures
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
CynoMantleMetricsflowMysaSeaformaticsSwiftsure
Portfolio news
latest coverage across their companiesCoLab · betakit.com · Nov 11, 2025
Frequently asked questions
- How many investments has Pelorus Venture Capital made?
- Pelorus Venture Capital has 14 tracked investments.
- What stage does Pelorus Venture Capital invest at?
- Pelorus Venture Capital invests at the Pre-Seed, Seed stages.
- What is Pelorus Venture Capital's typical check size?
- Pelorus Venture Capital typically writes checks of $250K – $500K.
- What sectors does Pelorus Venture Capital focus on?
- Pelorus Venture Capital focuses on AI & Machine Learning, Healthtech, SaaS, Sector Agnostic.
- Where is Pelorus Venture Capital located?
- Pelorus Venture Capital is headquartered in St. John's, CA.
- Who does Pelorus Venture Capital co-invest with?
- Pelorus Venture Capital most often shares deals with Killick Capital, East Valley Ventures, Memorial Centre for Entrepreneurship, among 19 tracked co-investors.
Similar investors
8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.
.jpeg){kind=logo}
B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.
Balderton Capital is a European venture capital firm that backs technology startups.
Blackbird is a venture capital firm that backs founders from the earliest stages, with a focus on ambitious technology startups across Australia and New Zealand.
Cherubic Ventures is known for investing before a startup even launches or reaches product-market fit, often as the first institutional investor, while also setting aside half of its latest fund for follow-on support all the way through pre-IPO; it was also one of the first venture firms to operate as a solo general partner and has grown into one of the largest funds run that way. Founded by Matt Cheng, who previously built two companies that each reached over $1 billion in public market value, the firm was designed from the start to invest across both the U.S. and Asia, backing early breakout companies in places like Croatia, Bangladesh, Japan, and Taiwan in addition to the U.S., with its Taipei roots still central to its identity alongside its Silicon Valley presence.