Portage Ventures
Venture capitalActively deployingMontreal · Pre-Seed–Late Stage · 5 people tracked
Also known as Portage Ventures International · SAGARD HOLDINGS MANAGER LP
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.
Team · 5 people
from the firm's website & public directories
What they invest in
from 18 of 21 portfolio companiesSaaS ×13Fintech ×11AI & Machine Learning ×10Enterprise Software ×6Data & Infrastructure ×4Developer Tools ×4Cloud Computing ×3InsurTech ×3
HQs:United States×8United Kingdom×3France×2Canada×1Estonia×1Mexico×1
Investments · 21 tracked
founders shown can be your intro pathBy year:2026 · 32025 · 42024 · 22023 · 12021 · 12014 · 112 dated
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
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)Rivo 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
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)
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
Kent, US
Gary Goldstein(Executive Officer)Mark McConnell(Executive Officer, Director)
BoardAlexandre Desmarais(Director)Mollie Hoff(Executive Officer, Director)Greg Mashinter(Director)
Board seatPaul Desmarais Jr.· per SEC Form D · $105M raise · filed Jul 2024
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)Sonny Patel(Chief Product and Technology Officer)
BoardBenny Peretz(Director)
Board seatAdam Felesky· per SEC Form D
Co-investors8VCActivant CapitalCrunchFundMS&AD VenturesTuesday CapitalUlu Ventures+1 more
New York, US
Stephen Barrow(CEO and Manager)Antony Wildey(Chief Technology Officer)
BoardAnton LeRoy(Manager)Ricky Lai(Manager)Thomas Smykowski(Manager)
Board seatAdam Felesky· per SEC Form D · $44.2M raise · filed Oct 2025
Agio Ratings provides risk management tools that assess, monitor, and model financial and default risks in digital assets, including ratings of exchanges, custodians, stablecoin issuers, and liquidity providers.
Crypto & Web3Data & InfrastructureFintech
Co-investorsAlbionVCMS&AD VenturesSuperscrypt
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 SoftwareFintechSaaS
Samir Kaji(Co-founder)inHana Yang(Co-founder & Chief Experience Officer)in
Co-investorsAnthemis VentureAtacama VenturesFikaFJ LabsFour Acres CapitalRareBreed Ventures+8 more
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(Founder/CTO)inKaren Borchert(Executive Officer, Director)
BoardBen Jackson(Director)Eddie Branchaud(Director)
Co-investorsAbstract VenturesDiagramElefundEndeavor CatalystHorizons VenturesNimble Partners+9 more
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
Conquest Planning offers a financial planning platform for advisors that uses a deterministic engine to generate personalized, explainable, and traceable client recommendations.
AI & Machine LearningFintechSaaS
Co-investorsCanapi VenturesFidelity International Strategic Ventures
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)
Co-investorsContraryIndex VenturesWingBain Capital VenturesClocktower Ventures
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
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
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
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)
Co-investorsIGNIALatitud VenturesMS&AD VenturesPolymath VenturesTectonic VenturesUpper90
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)in
Co-investorsBreyer CapitalDiagramNAventuresEndeavor CatalystExpedition Growth CapitalFondaction+1 more
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)
Co-investorsBalderton CapitalBeringeaY Combinator
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)inLeo R. Kimball II(Executive Officer, Director, Promoter)Ian Rosenberger(Executive Officer, Director, Promoter)Matthew LinnVyacheslav AlayevStephen Boss
Co-investorsFrontera Technology VenturesSusquehanna Growth EquityGreycroft
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
IPOs and acquisitions across the tracked portfolioThreadacq. by Marks & Spencer
Portfolio news
latest coverage across their companies
Alpaca · itbrief.co.uk · Jul 17, 2026
Flex · finsmes.com · Jul 17, 2026
Feathery · crowdfundinsider.com · Jul 17, 2026
Benepass · prnewswire.com · Jun 16, 2026
Nesto · fintechfutures.com · Jun 11, 2026
Thread · entrackr.com · Mar 25, 2026
Thread · getthread.com · Mar 11, 2026
Frequently asked questions
- 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 teamVestigo 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
Co-investors · 41
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.
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.
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.
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.
Spark Capital is a venture capital firm that partners with founders, known for early investments including leading Twitter's Series B in 2008.
M13 is a venture capital firm that invests in seed and Series A stage software companies.
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.
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.
Tuesday Capital, formerly known as CrunchFund, is a venture capital firm founded in 2011 that invests in early-stage companies. The firm has backed over 331 portfolio companies, including 13 that reached unicorn valuations, and has generated 44 IPOs and acquisitions.
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.
Workday Ventures is the strategic investment arm of Workday, partnering with early-stage enterprise technology companies and connecting them to Workday's community of customers, partners, and employees to accelerate innovation in the future of work.
GV (Google Ventures) is a venture capital firm that has invested in artificial intelligence and machine learning since its early days, building a global portfolio of more than 100 AI companies across infrastructure, life sciences, and applications.
▶29 more co-investors
Partech VenturesPrecursor VenturesQED InvestorsHack VCTwo Sigma VenturesUncorrelated VenturesTSVCChemistryViola VenturesXYZ Venture CapitalEXPONENT FOUNDERS CAPITALAlvenGolden Ventures137 VenturesBDC Venture CapitalDrive CapitalTenOneTen VenturesTTV CapitalOpenView Venture PartnersBek VenturesAglae VenturesBrewer Lane 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.
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