🦊/Investors

Portage Ventures

Venture capitalActively deploying

Montreal · Pre-Seed–Late Stage · 13 people tracked

Also known as Portage Ventures International · SAGARD HOLDINGS MANAGER LP

Find your way into Portage Ventures

3,016 people in our graph share verified history with the Portage Ventures team — schools, employers, funds. One of them is your warm intro.

Chris Bischoffunlockedknows Paul Desmarais · together at Goldman Sachs (overlapped)
×3knows the team · via Y Combinator
×3knows the team · via Goldman Sachs
knows the team · via Alpaca
×2knows the team · via HEC Paris
knows the team · via INSEAD
Fox Verdict
Sign up to see your fit

Investment thesis

Portage focuses on fintech and financial services, backing companies reshaping the sector across all stages. It provides flexible capital and multi-stage strategies, pairing investment with a global network of investors, commercial partners, advisors and value-creation specialists. Drawing on deep industry knowledge and entrepreneurial experience, the firm positions itself as a hands-on partner to founders and leaders in financial services.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
HQ
Montreal, QC, CA
Leads rounds
Follows
Instruments
Equity
Founded
2016
Last 12 months
10 investments
AUM
$8.6B
Tracked investments
30
Unicorns
1
Acquisitions
1

Team · 13 people

from the firm's website & curated & public directories
Jonathan Tetrault· General Partner
Michael Hassan· General Partner
Puja Kumar· General Partner
Sacha Haque· General Partner
Samuel David Robinson· General Partner
Stephan Klee· General Partner

Founder mafia

2 people who came through Portage Ventures went on to found or lead other companies.

What they invest in

from 26 of 30 portfolio companies

SaaS ×19Fintech ×18AI & Machine Learning ×14Enterprise Software ×10Cloud Computing ×4Data & Infrastructure ×4Developer Tools ×4InsurTech ×4

HQs:United States×11United Kingdom×4France×2Australia×1Canada×1Estonia×1

Investments · 39 tracked

founders shown can be your intro path

By year:2026 · 42025 · 72024 · 42023 · 22022 · 42021 · 32020 · 12018 · 12016 · 12014 · 128 dated

Alloy Riveralloyriver.comin𝕏✓ verified

Alloy River provides AI-native software to finance and accounting firms, combining automation, workflow orchestration, and applied AI into their operations to eliminate manual data movement and boost efficiency.

AI & Machine LearningFintechSaaSSan Francisco, US

Co-investorsElad GilElectric CapitalMaple VC

Harukoharuko.ioin𝕏✓ verified

Haruko provides an institutional-grade platform for digital asset investment managers, offering real-time risk and performance monitoring across front- to back-office workflows on a single centralized system.

Crypto & Web3Data & InfrastructureEnterprise SoftwareFintechSaaSLondon, GB

Co-investorsWhite Star CapitalMMC Ventures

Tuumtuum.cominJan 2022✓ verified

Tuum provides a modular, API-first core banking platform that enables financial institutions and fintechs to launch digital financial services rapidly and with high flexibility.

Cloud ComputingFintechSaaSTallinn, EE

Ove Kreison(Chief Product & Technology Officer & Co-founder)inRivo Uibo(Chief Business Officer & Co-founder)inJan Lakspere(Lending Product Manager & Co-founder)inJüri Kirme(Core Banking Product Manager & Co-founder)in

Co-investorsCommerzVenturesKarma VenturesCiti VenturesSpeedinvest

Valstrovalstro.comin✓ verified

Valstro develops a cloud-native order management system (OMS) for institutional finance, designed to handle modern trading infrastructure and data accessibility requirements.

Cloud ComputingEnterprise SoftwareFintechSaaS

Stephen Barrow(Founder)in

Co-investorsMotive PartnersEJF Ventures

Athena Club Holdings, Inc.athenaclub.comJan 2024SEC filingmedium confidence

Athena Club sells personal care and body products, including body wash and fine fragrance available in multiple signature scents.

ConsumerDirect to ConsumerWellness & FitnessNew York, US

Maria Markina(Executive Officer, Director)in

BoardRobert Fetherstonhaugh(Director)Charles-Edouard Desmarais(Executive Officer, Director)Anthony Tjan(Director)

Board seatPaul Desmarais, Jr.· per SEC Form D · $35.5M raise · filed Jan 2024

Socotrasocotra.comin𝕏Mar 2021

Socotra is a cloud-native insurance core platform that provides configuration-only deployments, open APIs, and real-time data access for insurers across personal, commercial, and life insurance lines.

AI & Machine LearningCloud ComputingInsurTechSaaSPalo Alto, US

Dan Woods(Founder & CEO)inEkine Akuiyibo(Chief Operating Officer)inSonny Patel(Chief Product and Technology Officer)in

BoardBenny Peretz(Director)

Board seatAdam Felesky· per SEC Form D

Co-investors8VCActivant CapitalCrunchFundMS&AD VenturesTuesday CapitalUlu Ventures+3 more

Agio Ratingsagioratings.ioinOct 2025 · $6M

Agio Ratings provides on-chain risk monitoring and modeling for the digital assets market, helping financial institutions track counterparty risks and evaluate probability of default.

AI & Machine LearningCrypto & Web3Data & InfrastructureFintech

Co-investorsAlbionVCMS&AD VenturesSuperscrypt

Allocateallocate.comOct 2025 · $30.5M

The page is a listing of premium .com domain names and associated sale prices rather than a description of an operating company's product or service.

Samir Kaji(Founder)in

Co-investorsSupernode VenturesAndreessen HorowitzBasis Set VenturesBedrockFika VenturesM13+3 more

Allocate Holdingsallocate.coin

Allocate provides infrastructure software for private markets, enabling wealth advisors and asset managers to efficiently handle subscriptions, capital flows, and portfolio operations.

AI & Machine LearningEnterprise SoftwareFintechSaaSPalo Alto, US

Samir Kaji(Co-Founder, CEO & President)inHana Yang(Co-Founder, CXO)in

BoardCarter Reum(Director)

Co-investorsAnthemis VentureAtacama VenturesFikaFJ LabsFour Acres CapitalRareBreed Ventures+13 more

Alpacaalpaca.marketsin𝕏Oct 2023 · $15M

Alpaca provides brokerage infrastructure APIs that enable fintechs and financial institutions to build investing applications and platforms with access to stocks, options, crypto, and other asset types.

Data & InfrastructureDeveloper ToolsFintechSaaSSan Francisco, US

Yoshi Yokokawa(Co-Founder & CEO)inHitoshi Harada(Co-Founder & CPO)inKaren Borchert(Executive Officer, Director)in

BoardBen Jackson(Director)Eddie Branchaud(Director)

Co-investorsAbstract VenturesDiagramElefundEndeavor CatalystHorizons VenturesNimble Partners+9 more

Benepassgetbenepass.comin𝕏Jan 2026 · $40M

Benepass provides flexible benefits platforms that enable employers to offer personalized, choice-based employee benefits aligned with company values and DEI initiatives.

Enterprise SoftwareFintechHR TechSaaSNew York City, US

Jaclyn Chen(Founder)inMark Fischer(Founder)inKabir Soorya(Founder)in

BoardMatthew Alfieri(Director)inStephanie Choo(Director)Mohammad Islam(Director)

Co-investorsAmino CapitalCentana Growth PartnersClocktower VenturesGradient VenturesMVP VenturesThreshold Ventures+3 more

Boostedboosted.aiinNov 2024 · $15M

Boosted.ai provides an AI platform for investment research that answers questions on stocks and themes and uses AI agents to generate reports and analysis for investment professionals.

AI & Machine LearningFintechSaaS

Joshua Pantony(Founder)inJon Dorando(Founder)in

Co-investorsDunamu & PartnersFidelity InvestmentsHarbourVest Partners (Canada)Spark CapitalTen Coves Capital

Conquest Planningconquestplanning.comin𝕏Seed · Feb 2020 · $3M

Lydia is an AI behavioral coaching agent designed for financial advisors, integrated into the Conquest planning platform to help advisors deliver advice with greater empathy and client outcomes.

AI & Machine LearningEnterprise SoftwareFintechSaaS

Co-investorsCanapi VenturesFidelity International Strategic Ventures

CoverTreecovertree.comin𝕏Series A · May 2024 · $13M

CoverTree provides insurance exclusively for manufactured homes, offering plans that can be purchased online with potential savings.

FintechInsurTechSaaSDetroit, US

RISHIE MODI(Executive Officer, Director)inDIVYANSH SHARMA(Executive Officer, Director)inAdarsh Rachmale(Founder)in

Co-investorsAV8 VenturesDistributed VenturesEverywhere VenturesNFPAnnox CapitalDetroit Venture Partners+2 more

Featheryfeathery.ioin

Feathery builds AI-powered workflow automation and forms platform designed for insurance and wealth management companies.

AI & Machine LearningInsurTechSaaSSan Francisco, US

Zack Khan(Founder)inPeter Dun(Founder)in

Co-investorsContraryIndex VenturesWingBain Capital VenturesClocktower Ventures

Flexflex.aiin𝕏

FlexAI operates a control plane for AI workloads that unifies inference, fine-tuning, and pre-training across different runtimes, models, and accelerators.

AI & Machine LearningCloud ComputingDeveloper ToolsParis, FR

Brijesh Tripathi(Founder)

Co-investorsAlpha Intelligence CapitalFrstHeartcore CapitalElaia

Flexuseflexfinance.comin𝕏Dec 2025 · $60M

Flex Finance provides a spend management platform that helps businesses track and manage expenses across mobile, web, and corporate cards.

Enterprise SoftwareFintechSaaS

Co-investorsExpert DOJO53 StationsCrosslink CapitalFlorida FundersTitanium Ventures

Formanceformance.comin𝕏Jan 2025 · $21M

Formance provides a platform for developers to build and integrate complex financial applications using composable, open-source primitives that can connect to any financial partner.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareFintechSaaSParis, FR

Clément Salaün(Founder)inAnne-Sybille Pradelles(Executive Officer, Director, Promoter)in

BoardHelene Falchier(Director)in

Co-investorsAxeleo CapitalHoxton VenturesY CombinatorPayPal Ventures

Getquingetquin.cominMay 2026 · $14M

A digital wealth management platform that aggregates investment portfolios, cash, alternative assets, and liabilities across multiple financial institutions, providing portfolio analytics and financial guidance to individual investors across Europe.

AI & Machine LearningCloud ComputingConsumerData & InfrastructureFintechGermany, DE

Raphael Steil(Founder)in

Co-investorsGerman Media PoolHeartfelt CapitalHEARTFELT_Horizons VenturesRuna Capital

Happlhappl.comin𝕏Series A · May 2026 · $11M

Happl is an AI-native platform that helps global companies manage, automate, and personalize employee benefits across multiple countries.

AI & Machine LearningEnterprise SoftwareHR TechInsurTechSaaSLondon, GB

Ben Towers(Founder)in

Co-investorsHaatchY Combinator6 Degrees CapitalAscensionPitchdriveVentures Together

Hellas Directhellasdirect.grin𝕏Series B · Jan 2018 · $9M

Hellas Direct is an online insurer offering car and home insurance in Greece, with fast claims handling, flexible coverage and payment options, and a network of partner repair shops.

FintechInsurTechMaroúsi, GR

Alexis Pantazis(Founder)inEmilios Markou(Founder)in

Co-investorsETF PartnersPerscitus LLPEndeavor CatalystEuropean Investment BankIFCPortag3 Ventures+1 more

Kikoffkikoff.comin𝕏Jun 2021 · $30M

Kikoff offers credit-building financial services and tools designed to help users improve their credit scores, particularly those starting below 600.

FintechSan Francisco, US

Xinyi Chen(Executive Officer, Director)Christophe Chong(Executive Officer)Cynthia Chen(Founder)inChristophe C(Founder)

Co-investorsAbstract VenturesCoatue ManagementCore Venture CapitalFemale FoundersLightspeed Venture PartnersNotable Capital+3 more

Kontempokontempo.ioinNov 2021

Kontempo offers B2B payments and credit management software that lets companies extend credit to their business customers, automate collections, and analyze creditworthiness using AI.

AI & Machine LearningFintechSaaSCiudad De Mexico, MX

Matthew Meehan(Executive Officer)in

Co-investorsIGNIALatitud VenturesMS&AD VenturesPolymath VenturesTectonic VenturesUpper90+1 more

Marshmallowmarshmallow.comin𝕏

Marshmallow is an insurance and financial services company that builds its own pricing and fraud technology to offer fairer prices to people who have recently moved to the UK.

FintechInsurTech

Alexander

Co-investorsBridford Investments (Bridford Group)Outrun VenturesPortfolio VenturesUncappedBlackRockColumbia Lake Partners+2 more

Mooncardmooncard.coin𝕏Series C · Apr 2023 · $41M

Mooncard offers corporate payment cards combined with expense management, an accounting engine, and electronic invoicing to automate the handling of business expenses from payment through to accounting close.

Enterprise SoftwareFintechSaaS

Co-investorsAglae VenturesPartech Ventures

Nestonesto.cainJun 2026

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)inChase Belair(Co-Founder, Principal Broker)

Co-investorsBreyer CapitalDiagramNAventuresEndeavor CatalystExpedition Growth CapitalFondaction+1 more

Pearlerpearler.comin𝕏

Pearler is an investing platform that lets Australian retail investors buy US shares and ETFs on the NYSE and NASDAQ using AUD, with fractional shares, dividend reinvestment, and automation tools like dollar-cost averaging and portfolio rebalancing.

ConsumerFintechSaaS

Hayden Smith(Founder)in

Co-investorsArchangel VenturesMighty PartnersTen13Altered Capital

Sagardsagard.comin𝕏

Sagard is a global multi-strategy alternative asset management firm operating across venture capital, private equity, private credit, and real estate, and also offers private wealth management through Sagard Wealth.

Fintech

Threadthread.comin𝕏Dec 2025 · $30.5Macquired by Marks & Spencer

Thread was an AI-powered personal styling service that combined artificial intelligence with expert stylists to provide clothing recommendations for men and women.

AI & Machine LearningConsumerE-commerceMarketing TechLondon, GB

Kieran O'Neill(Founder/CEO)inBen Phillips(Founder/CTO)in

Co-investorsBalderton CapitalBeringeaY Combinator

Threadgetthread.cominAug 2014 · $30.5M

Thread provides an AI-powered service desk for managed service providers (MSPs), using AI agents to handle client calls, chat, and email, automatically create and triage tickets, and capture knowledge from resolutions.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSPittsburgh, US

Mark Alayev(Founder)inMatt Linn(Founder)inLeo R. Kimball II(Executive Officer, Director, Promoter)Ian Rosenberger(Executive Officer, Director, Promoter)Vyacheslav AlayevStephen Boss

Co-investorsFrontera Technology VenturesSusquehanna Growth EquityGreycroft

Threadthread.appDec 2025 · $30.5M

Thread provides AI "guides" that run customer onboarding and sales-to-customer-success handoffs on a per-account basis, pursuing goals across text, email, and voice while verifying each step against the customer's CRM, data warehouse, or product telemetry.

AI & Machine LearningEnterprise SoftwareSaaSSales Tech

Justin Vandehey(Founder)in

Co-investorsFirst Row PartnersOregon Venture FundGreycroftHeadlineUpper90

Threadthread.bankin𝕏

Thread Bank is a technology-enabled community bank offering digital-first banking solutions for individuals and businesses, combining streamlined technology with traditional banking services.

FintechNashville, US

Chris Black(Chief Executive Officer, President and Director)

Co-investorsPatriot Financial Partners

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Lakefield Acquisition Corp.Valstro Holdings LLCKOHO FinancialLoanStreetModular Technologies OÜPortfolio partnersTheGuarantors

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 1

1 acquisitions

Threadacq. by Marks & Spencer

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Portage Ventures made?
Portage Ventures has 30 tracked investments, 1 of which have exited, including 11 dated in the last 24 months.
What stage does Portage Ventures invest at?
Portage Ventures invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does Portage Ventures focus on?
Portage Ventures focuses on AI & Machine Learning, Data & Infrastructure, Fintech, InsurTech, SaaS.
Where is Portage Ventures located?
Portage Ventures is headquartered in Montreal, CA.
Does Portage Ventures lead rounds?
Portage Ventures typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Vestigo Ventures FinTech Podcast w/ Stephanie Choo, General Partner at Portage Ventures

Vestigo Ventures · Stephanie Choo

Q&A: Adam Felesky on why Portage Ventures is pursuing the SPAC route for its next fintech find | Financial Post

Adam Felesky · financialpost.com

Images

Portage Ventures photoPortage Ventures photo

Co-investors · 41

MS&AD Ventures

MS&AD Ventures is the corporate venture arm that invests in early-stage companies, partnering with entrepreneurs to build innovative solutions across insurance-adjacent and technology sectors.

$500K – $3M
Endeavor Catalyst

Endeavor is a global nonprofit network supporting high-impact entrepreneurs across 45+ markets, and operates Endeavor Catalyst, a rules-based co-investment fund that invests in the same entrepreneurs Endeavor supports.

$5.5M – $200M
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

$500K – $50M
Spark Capital

Spark Capital is a venture capital firm that partners with founders, known for early investments including leading Twitter's Series B in 2008.

Both backed · 2
$500K – $25M
M13

M13 is a venture capital firm that invests in seed and Series A stage software companies.

$4M – $7M
Index Ventures

Index Ventures is a multi-stage venture capital firm that backs companies from Seed to IPO and beyond, including through its dedicated seed fund Index Origin.

Both backed · 1
$540K – $10.8M
Partech Ventures

Partech is a global investment firm that backs founders across multiple continents and at every stage through dedicated teams and funds.

Both backed · 1
Mooncard
$200K – $50M
Threshold Ventures

Threshold Ventures is a venture capital firm that partners with founder-led companies at inflection points of breakout growth, engaging early and providing hands-on advice during moments of market transformation.

Both backed · 1
$500K – $20M
Fika

Fika Ventures is an operator-first seed fund where co-founders Eva Ho and TX Zhuo leverage their startup operating experience to provide deeply embedded support to B2B founders through weekly working sessions and hands-on help with hiring, pricing, and go-to-market rather than pursuing a high-volume portfolio model. The firm deliberately backs "non-central casting" founders—optimizing for responsiveness, grit, and execution over pedigree—while focusing on B2B companies using data and AI to solve systemic workflow problems across industries like fintech, vertical SaaS, and healthcare.

Both backed · 1
$1M – $10M
CrunchFund

Tuesday Capital (formerly CrunchFund) is an early-stage venture firm founded in 2011 that backs founders building technology companies, having supported hundreds of startups including numerous unicorns, IPOs, and acquisitions.

Both backed · 1
White Star Capital

White Star Capital is a multi-market venture capital firm with a presence across North America, Europe, and Asia, partnering with founders building globally minded technology businesses.

Both backed · 1
$500K – $7M
Alven

Alven is an independent early-stage venture capital firm that has been investing for 25 years, positioning itself as a straightforward, hands-on partner to entrepreneurs.

Both backed · 1
TheGuarantors
29 more co-investors

BDC Venture CapitalDrive CapitalTTV CapitalAglae VenturesBrewer Lane VenturesWorkday VenturesGV (Google Ventures)Precursor VenturesQED InvestorsHack VCTwo Sigma VenturesUncorrelated VenturesTSVCChemistryViola VenturesXYZ Venture CapitalEXPONENT FOUNDERS CAPITALGolden Ventures137 VenturesTenOneTen VenturesOpenView Venture PartnersBek VenturesAmerican Family VenturesPruVen Capital PartnersForce Over Mass CapitalNext Level VenturesAlchemy PartnersGlynn Capital ManagementANRI

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

Similar investors

Featured in lists