Fundraising Fox

Waterloo Accelerator Centre

Accelerator

Waterloo · Pre-Seed–Seed · 36 people tracked

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Investment thesis

The Accelerator Centre takes a founder-first approach, centering its support on the entrepreneur rather than solely the business. It delivers high-touch programming that blends education, mentorship, and tactical support so founders receive the right resources and guidance at each stage. The program connects startups with experienced founders and industry leaders as mentors and fosters a supportive community that helps entrepreneurs navigate challenges and celebrate milestones as they grow and scale.

Invests inCanadaWaterloo

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
HQ
Waterloo, CA
Portfolio companies
418

Team · 36 people

from the firm's website & curated
Ruth Casselman· Chief Executive Officerin
Adam Dougall· Program Managerin
Ben Richmond· Manager, Coworking and Facilities
Catalina Ochoa· Director, Financein
Cody Hines· Board of Directors; Chief Financial Officer at Alert Labs Inc.in
Garrett Jacobs· Program Specialistin
Jeff Szeto· Board of Directors; CFO of Avana Capital and Lead Investor for Alder Capital Sustainable Venturesin
Radhika Vaidyanathan· Board of Directors; Lawyer at Pulse Law LLPin

Founder mafia

2 people who came through Waterloo Accelerator Centre went on to found or lead other companies.

What they invest in

from 317 of 418 portfolio companies

AI & Machine Learning ×102SaaS ×92Healthtech ×60Digital Health ×51Hardware ×41Consumer ×38Fintech ×26Enterprise Software ×25

HQs:Canada×118United States×10India×2New Zealand×2Bermuda×1South Korea×1

Who they back

founder profiles across 93 portfolio companies
71%
solo founders
66 of 93 mapped founding teams
46%
repeat founders
of 61 founders with career history

Founding team size:solo founder×662 founders×213 founders×54+ founders×1

Where their founders studiedfrom 56 founders with education data

University of Waterloo ×11University of Toronto ×6Western University ×5Conestoga College ×4Ivey Business School at Western University ×3McMaster University ×2Queen's University ×2Smith School of Business at Queen's University ×2

Where their founders worked beforefrom 61 founders with career history

University of Waterloo ×13500px ×2CIBC ×2General Motors ×2Kraken ×2Lane ×2Velocity ×2Velocity Fund ×2

Accelerator rootsportfolio companies that came through a program

Techstars ×8Y Combinator ×3

9 founders hold a PhD · 11 hold an MBA (of 64 with degree data)

Portfolio companies · 418 tracked

alumni founders can tell you what the program is really like
1Mentor Website1mentor.ioin𝕏

1Mentor is a platform for higher education institutions that provides data insights into job market trends and employer skill requirements to help design programs and support career advising.

AI & Machine LearningEdTechFuture of Work

Martín Serrano(Founder)in

Co-investorsBuenTrip VenturesFront Row Ventures

3DPartFinder Website3dpartfinder.com

3DPartFinder provides a geometric search engine that uses AI and the 3D shape of a part to find similar and duplicate parts within a manufacturer's PLM systems and shared data.

Advanced ManufacturingAI & Machine LearningSaaS

3Dropolistummi.framer.websitein𝕏

AI & Machine LearningDeveloper ToolsHealthtechSaaSWellness & FitnessLos Angeles, US

Co-investorsLotte VenturesTechstarsTofino Capital

3RA Groupoutlet-studies.com
3RA Group3raintercambio.com𝕏
4PAY Website4pay.ca𝕏

4PAY operates PAIYHUB, an AI-based fintech software-as-a-service (FaaS) platform offering over 1,100 prebuilt core banking services, enabling startups, enterprises, and governments to build embedded financial and open-banking products such as virtual cards, payments, and payroll.

AI & Machine LearningFintechSaaSRichmond Hill, CA

911 Incident Website911incident.com

Argus Command builds an AI-powered platform for fire departments that converts existing data such as government-mandated Fire Safety Plans into tactical intelligence for responders.

AI & Machine LearningGovTechSaaS

ABRO Manufacturing Inc. Websiteabrom.ca

ABRO Manufacturing provides CNC machining, precision-engineered components, and rapid prototyping services for the Canadian market.

Advanced ManufacturingHardwareKitchener, CA

Accessible Digital Design Academyaccessibledesignacademy.com

Accessible Design Academy (ADDA) provides accessibility consulting, reviews, and training to help organizations make documents, courses, and digital materials usable by everyone.

AI & Machine LearningEdTechSaaS

Michele Brannon-Hamilton(Founder)

Active8 Box Inc.recessguardians.org
ADAPTIS Websiteadaptis.ai

Adaptis provides a platform that analyzes building portfolios using data-driven baselining and asset clustering to identify energy inefficiencies, cost savings, carbon reduction opportunities, and compliance risks.

AI & Machine LearningClimate TechPropTech

Co-investorsMetaPropMetaProp Ventures

AdMass Websiteadmass.io𝕏
Aequify Websiteaequify.comin𝕏

Aequify is a mobile app that helps US expats and globally employed professionals track expat taxes, foreign bank and investment accounts, filing deadlines, and required forms such as FBAR and Form 8938.

FintechSaaS

Puneet Gupta(Founder)in

Aeroport AI Websiteaeroport.aiin

Aeroport AI uses computer vision on existing ramp and jet bridge cameras to monitor aircraft ground handling in real time, providing delay alerts, timing predictions, and risk alerts to optimize apron and turnaround operations.

AI & Machine LearningEnterprise SoftwareLogistics & Supply Chain

Aerovaaerova.ca
AgeRate Websiteage-rate.com

AgeRate develops science-based tools to measure biological age using genetics and molecular biomarkers, aimed at helping people improve health and longevity.

BiotechDigital HealthLongevity

Dr. Guillaume Paré(Founder and Chief Scientific Officer)Dr. Michael Chong(Chief Research Officer)Kevin Peters(Chief Technology Officer)

AgTrustt Websiteagtrustt.comin

A company associated with Canadian agriculture; the page does not provide enough detail to describe its specific products or services.

AgTech

Ahead Simulations Inc. Websiteaheadsimulations.comin𝕏

Ahead Simulations builds simulation platforms (ALEX and CARL) for demonstrating hearing devices and training hearing care professionals.

EdTechHealthtechMedical Devices

AI-Innovate Solutions Websiteai-innovate.comin

AI-innovate builds end-to-end automated visual inspection systems using 2D and 3D machine vision and industrial edge AI to detect surface defects and provide quality intelligence for manufacturers.

Advanced ManufacturingAI & Machine LearningRobotics

AIM Roboticsrpaswilco.comin𝕏

RPAS WILCO is a drone operations platform for recreational and commercial drone pilots in Canada, offering flight planning, airspace intelligence, and compliance tools using official NAV CANADA aeronautical data.

Defense TechMarketplacesSaaS

Alaunus Inc. Websitealaunus.comin𝕏

Alaunus offers an all-in-one back office software platform for home healthcare and care providers, automating admin tasks such as invoicing, payroll, time and attendance tracking, scheduling, and mobile patient charting.

Digital HealthHealthtechSaaS

Alert Labs Inc. Websitealertlabs.comin𝕏

Alert Labs provides a water leak detection and management system for commercial buildings, using cellular-connected sensors, automatic shut-off valves, and AI-powered analysis to detect leaks and monitor temperature, humidity, and power.

CleantechIoTPropTech

Tom Briggette(Founder)in

Co-investorsGarage Capital

Ambature Ltd. Websiteambature.com

Ambature develops "a-axis" high-temperature superconductor (HTS) materials, Josephson junctions, and SQUID-based devices, offering a vertical trilayer architecture intended for scalable manufacturing in semiconductor fabs.

Deep TechQuantum ComputingSemiconductorsWaterloo, CA

Ron Kelly(CEO)Mitch Robson(CTO)Peter Kastelic(CFO)

Amicare Inc. Websiteamicare.ioin𝕏

Amicare provides a digital workflow for coordinating home care transitions, letting families, hospitals, clinics, and care organizations submit referrals, match compatible home care support, and communicate in real time.

Digital HealthHealthtechSaaS

Anatomiz3D Websiteanatomiz3d.comin𝕏

Anatomiz3D converts patient-specific CT/MRI/ECHO DICOM scan data into 3D-printed anatomical models in various materials, opacities, and shore hardness for medical applications such as orthopaedics, spine, dental, neurosurgery, and cardiology.

Advanced ManufacturingHealthtechMedical Devices

Animatr AI Video Platform Websiteanimatr.ai
Anutio Websiteanutio.com
Anyon Systems Inc. Websiteanyonsys.comin

Anyon Systems designs, builds, and deploys full-stack superconducting quantum computing systems, including hardware and processor-to-application software, for HPC centers, government, universities, and strategic partners.

Deep TechHardwareQuantum ComputingMontréal, CA

ApplyBoard Inc.applyboard.comin

ApplyBoard operates a platform connecting international students with educational institutions across Canada, the US, UK, Ireland, Australia, and Germany.

AI & Machine LearningB2B MarketplacesEdTechMarketplacesSaaSLondon, CA

Meti Basiri(Founder)inMartin Basiri(Co-Founder and Former Chief Executive Officer)inMassi Basiri(President and Co-Founder)in

Co-investors500 GlobalArtiman VenturesBDC Growth Venture FundCandou VenturesCeltic House Asia PartnersDrive Capital+10 more

Apricotton Websiteapricotton.co

Apricotton designs adjustable bras for young girls and teens going through puberty, including the stretchy Cloud Bra with removable padding that grows with the wearer.

ConsumerDirect to ConsumerFemTech

ChloeJessJessica Miao(Founder)inChloe Beaudoin(Founder)in

Aprivacy Websiteaprivacy.com
Aqua-Cell Energy Websiteaqua-cellenergy.comin

Aqua-Cell Energy develops a saltwater flow battery that stores energy by pumping salt-water electrolyte through a battery stack, targeting affordable long-duration (12h+) grid energy storage.

CleantechEnergyHardware

Keith Cleland(Founder)in

Co-investorsStartup TNT

AquaSensing Inc. Websiteaquasensing.com

Aquasensing develops battery-free, cloud-connected sensors for detecting and preventing water damage to properties and assets.

CleantechHardwareIoT

Y. Norman Zhou(Founder)in

Aram Advanced Materials Inc.aramgrp.com

Aram Technology is a semiconductor parts manufacturer that produces high-performance ceramic components such as electrostatic chucks (ESC) and heaters used in advanced semiconductor manufacturing processes.

Advanced ManufacturingHardwareSemiconductors

Aranasaranas-es.comin

Aranas offers intelligent document processing solutions for businesses, covering digitization, classification and data extraction, along with enterprise content management (ECM), digital signature, facial authentication, RPA automation, and cybersecurity auditing (ISO 27001, GDPR).

CybersecurityEnterprise SoftwareSaaS

Archipelago Genomics Inc. Websitearchipelago.bio
Arcori Websitearcori.com

Arcori PM is a property management and accounting software tool designed for affordable housing organizations.

PropTechSaaS

ArcticEdge Technologies Websitearcticedgetech.com

Co-investorsFront Row Ventures

ardeetheardee.com

Ardee designs and sells made-to-order clothing and jewelry inspired by Bermudian culture, working with local artisans and skilled makers.

ConsumerDirect to ConsumerE-commerce

Arise Architects Co-operative Websitearisearchitects.comin

Aris Architects is an architecture firm structured as a worker co-operative that designs buildings and spaces for community-focused clients, including churches, schools, childcare centres, hospices, health centres, and affordable housing.

Construction Tech

Asima Health Inc. Websiteasimahealth.comin

Asima Health is developing a non-invasive, multi-cancer blood test that uses a pan-genomic platform to detect multiple cancers from a single blood draw.

BiotechHealthtechMedical Devices

Shalini Gupta(Founder)in

Astrus Inc.astrus.ai

Astrus develops AI software for analog microchip design, automating the hand-crafted layout of analog circuits used in high-speed interconnects and other critical chip components.

AI & Machine LearningDeep TechSemiconductors

Kenny YoungZeyi Wang(Founder)inSebastian Siverand(Founder)in

Co-investorsKhosla VenturesDrive CapitalAlumni VenturesBasecamp FundMosaic Venture LabMVP Ventures

Aterlo Websiteaterlo.comin𝕏

Aterlo Networks builds Preseem, a network operations, customer support, and growth platform for regional internet service providers, offering pre-built integrations to pull data from network elements and systems for subscriber and network insight.

Data & InfrastructureEnterprise SoftwareSaaSWaterloo, CA

Athel AI Websiteathelai.comin

Athel AI builds a multi-agent AI "co-clinician" that conducts dynamic clinical intake interviews with patients by voice, chat, and video, then delivers structured, prioritized clinical summaries to physicians before the visit.

AI & Machine LearningDigital HealthHealthtech

Alex Arrazaghi(Co-founder & CEO)

Audesseaudesseinc.comin

Audesse builds the FlexSeries embedded controls platform, including electronic control units (ECUs), controllers, and connected-vehicle software for OTA updates and fleet telemetry, along with turnkey custom solutions.

HardwareIoTMobility & Transportation

Co-investorsInnovative Solutions Canada

AutoCate Websiteautocate.cain

AutoCate offers car maintenance education through tiered workshops, a membership service with 24/7 live-chat support, and an auto repair shop staffed by an all-women mechanic team.

ConsumerEdTechMobility & Transportation

Stefanie Bruinsma(Founder & CEO)inEmily Pyke(Chief of Trades & Co-founder)in

Avondale Private Capital Websiteavondaleprivatecapital.com

Avondale Private Capital is a credit-focused private markets advisory and risk participation firm working in private credit, carbon markets, credit insurance, and impact investing.

FintechImpact & Social GoodToronto, CA

Avro Life Scienceavrolifesci.com

Avro Life Sciences develops platform technology for novel drug delivery through passive transdermal administration.

BiotechHealthtechMedical DevicesWaterloo, CA

Shak Lakhani(Founder)inKeean Sarani(Founder)in

Co-investorsFifty YearsGarage CapitalHeuristic Capital PartnersUpHonest CapitalY CombinatorEmbark Ventures

Axonifyaxonify.comin𝕏

Axonify offers an AI-powered frontline enablement platform that combines microlearning, task execution, and analytics to train and coordinate frontline workers.

AI & Machine LearningEdTechSaaS

Co-investorsBDC Fund Investments (Fund-of-Funds)BDC Venture CapitalBridgescale PartnersHarmony PartnersJMI Equity

Backpacker College Websitebackpackercollege.com

A marketplace for furnished, affordable accommodation in and around college and university communities, offering short- and long-term stays.

MarketplacesTravel & Hospitality

Balancebalance.cain𝕏

Balance is Canada's largest digital asset custodian, serving clients with blockchain and cryptocurrency custody solutions.

Crypto & Web3Enterprise SoftwareFintechToronto, CA

George Bordianu(Co-founder, Chief Executive Officer)inBaha Nurlybayev(Co-founder)in

Co-investorsTechstarsBlockchain Founders Fund

Baneks Websitebaneks.comin

Baneks offers cross-border money transfer and currency exchange services, allowing users to send and request money and pay bills or tuition across multiple currencies.

Fintech

BDObdo.ca
Best for Bees Websitebestforbees.comin

Best for Bees sells an all-in-one hive entrance system for beekeepers that protects colonies from wasps, hornets, and other pests, prevents robbing, regulates hive temperature, and allows closing the hive for moving or oxalic acid vaporization.

AgTechHardware

Betterworth Inc. Websitebetterworth.com
BigBrain3D Inc. Websitebigbrain3d.com
BigRoad Incorporated Websitebigroad.comin𝕏

BigRoad provides an FMCSA-compliant electronic logging device (ELD) app and connected fleet platform covering freight management, fleet and asset tracking, electronic vehicle inspection, and video telematics.

IoTLogistics & Supply ChainMobility & TransportationSaaSWaterloo, CA

Co-investorsSWO Angel Group

Binaural DSP Websitebinauraldsp.com

Binaural DSP works on digital signal processing for audio, including a nonlinear psychoacoustic time-invariant DAC effect.

Deep TechHardware

Binta Financial Inc.bintafinancial.com

Co-investorsInnovation UBC

BizConnect24 Websitebizconnect24.com

An online grocery service for African and Caribbean food products, allowing customers to shop for these groceries in one place.

E-commerceFoodTechMarketplaces

Browse all 418 investments with full details →

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Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Waterloo Accelerator Centre made?
Waterloo Accelerator Centre has 415 tracked investments, 1 of which have exited via acquisition or IPO.
What stage does Waterloo Accelerator Centre invest at?
Waterloo Accelerator Centre invests at the Pre-Seed, Seed stages.
Where is Waterloo Accelerator Centre located?
Waterloo Accelerator Centre is headquartered in Waterloo, CA.
Who does Waterloo Accelerator Centre co-invest with?
Waterloo Accelerator Centre most often shares deals with Techstars, Innovative Solutions Canada, Garage Capital, among 87 tracked co-investors.

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