Fundraising Fox

Raif Barbaros

Investor

Partner at Mistral Venture Partners · Member of Investment Committee at MaRS Investment Accelerator Fund · Board director at Armilla AI

Greater Toronto Area, Canada

About

Partner and former startup CTO who founded several VC-backed companies in the Bay Area and Toronto, two of which were acquired and two reaching millions of users. He was founding VP of Engineering at Loblaw Digital and worked at fintech Nuula.

Board director at Armilla AIYC W22

Intro paths

YC

Raif went through Y Combinator (Winter 2022) — any YC alum in your network can reach them through the YC community.

→

In turn, Raif can intro founders to Armilla AI's investors below.

Armilla AI's investors · 12

Beresford VenturesOrlandoBetaworksNew York · $250K – $750K checksCreative Destruction Lab (CDL)Toronto · $50K – $250K checksDifferential VenturesNew York · $250K – $3M checksGreenlight ReGrand Cayman · since 2024Mistral Venture PartnersToronto · since 2025Morgan Creek CapitalChapel Hill · $1M – $5M checksMS&AD VenturesMenlo Park · $500K – $3M checks · since 2024Rebel FundSan Francisco · $100K – $5M checksSixThirty VenturesSt. Louis · $100K – $250K checks · since 2024Two Small Fish VenturesToronto · $1M – $3M checks · since 2024Y CombinatorSan Francisco · $500K checks · since 2022

Co-founders at Armilla AI

DADan Adamson
Dan AdamsonFounder
KRKarthik Ramakrishnan
Karthik RamakrishnanFounder
BH
Baiju Hasmukhrai DevaniExecutive Officer, Director

Experience

  1. Mistral Venture PartnersPartnercurrent2022 — presentToronto, ON
  2. Ontario Trillium FoundationBoard Membercurrent2026 — presentToronto, ON
  3. Loop FinancialBoard Membercurrent2022 — presentToronto, ON
  4. Armilla AIBoard Membercurrent2024 — presentToronto, ON
  5. MaRS Investment Accelerator FundMember of Investment Committeecurrent2023 — presentToronto, ON
  6. Lazaridis InstituteMentor for the ScaleUp Programcurrent2021 — presentWaterloo, Ontario, Canada
  7. Mistral VenturesPartnercurrent2021 — present
  8. UC BerkeleyEntrepreneurship Mentorcurrent2013 — present
  9. University of Toronto - The Entrepreneurship HatcheryStart-up Mentorcurrent2013 — presentToronto, Canada Area
  10. NuulaCTO2020 — 2021Toronto, Ontario, Canada
  11. Kleer.aiFounder / CEO2020Toronto, Ontario, Canada
  12. InfluitiveChief Product and Technology Officer2016 — 2020Toronto, Canada Area
  13. Loblaw DigitalVice President, Technology2012 — 2016Toronto, Canada Area
  14. MavenSayTech Advisor2012 — 2013Toronto
  15. MavenSayCTO2012Toronto/New York
  16. FooddelCo-Founder / CTO2010 — 2012Toronto, Canada Area
  17. Local DirtCTO2009 — 2012
  18. CarsalaFounder/CTO2008 — 2009
  19. O'Reilly AlphaTech VenturesVenture Capital Associate2007 — 2008
  20. eBay MotorsProduct Manager2007
  21. AT&T CanadaSenior Software Engineer2003 — 2006
  22. DeloitteManager2000 — 2003
  23. AllJobAgents.comFounder/CEO2001 — 2003
  24. Bridgewater SystemsSoftware Engineer1997 — 2000

Skills & more

Strategy34Leadership15Management19BankingPaymentsNon-profit ManagementPublic AdministrationInsuranceFinTechBoard of DirectorsBoard OperationBoard Level
+12 moreBoard AdministrationBoard GovernanceEntrepreneurshipStart-upsVenture CapitalOnline MarketingSoftware DevelopmentMobile ApplicationsiOS DevelopmentAndroid DevelopmentProduct DevelopmentSaaS

From Raif's professional profile.

Deals · 1

Armilla AIBoard seat

via Mistral Venture Partners · filed Jun 2025 · $3.5M raise

Attribution from SEC filings, press coverage, and firm rosters.

Colleagues at Mistral Venture Partners

Aaron Newman
Investor at Impellent Ventures
Bernie Zeisig
Managing Partner at Mistral Venture Partners
Code Cubitt
Managing Director at Mistral Venture Partners
Julien Kathiresan
Head of Finance at Mistral Venture Partners
Mike Scanlin
Venture Partner at Mistral Venture Partners
Pablo Srugo
Partner at Mistral Venture Partners

Frequently asked questions

Who is Raif Barbaros?
Partner and former startup CTO who founded several VC-backed companies in the Bay Area and Toronto, two of which were acquired and two reaching millions of users. He was founding VP of Engineering at Loblaw Digital and worked at fintech Nuula.
Where does Raif Barbaros work?
Raif Barbaros is Partner at Mistral Venture Partners and Board director at Armilla AI.
What boards does Raif Barbaros sit on?
Raif Barbaros holds tracked board seats at Armilla AI.
Where did Raif Barbaros go to school?
Raif Barbaros studied at University of California, Berkeley, Haas School of Business (MBA, Finance); Queen's University (Bachelor of Science, Computer Science (Major) & Mathematics (Minor)); The Koç School.

Same school

Also attended University of California, Berkeley, Haas School of Business719

Rishi ModiInvestor at GV (Google Ventures)Yibo NianInvestment Director at Intel CapitalZhenyu TangInvestment Director at Intel CapitalLauren von ReynInvestor at LightbankDennisDirector of Trading at Pantera CapitalJohnny HooperAssociate at March Capital Partners

+ 713 more

Also attended Queen's University370

Steph TryphonasCo-founder of Collaborative RoboticsHark AhluwaliaAssociate at RevolutionSydney SloanChief Marketing Officer at Scale Venture PartnersZeya YangInvestor at IVP (Institutional Venture Partners)Curtis UrbanowiczInvestment at Makers FundSanjiv KalevarPartner at Mucker Capital

+ 364 more

Also attended The Koç School9

Faruk OztokOperations | Venture Fellow at 212Mert KarabiyikOperations | Venture Fellow at 212Safak Araz KozluExperts | Investment Advisory at 212Esra BerkolChief of Staff at Selvedge VentureMerve ZabcıInvestor at twozero VenturesAydın Doğan YalçındağInvestment Committee at TechOne Venture Capital

+ 3 more

Shared employers

Also worked at UC Berkeley323

Ali GhodsiCo-founder & CEO of DatabricksRaquel UrtasunFounder & CEO of WaabiArhaan A.Deeptech Fellow at Clear VenturesPaul JennyBoard Chair at CincyTechAndrea van ElsasInvestor at Third Rock VenturesMichael PerezDeputy General Counsel at Mucker Capital

+ 317 more

Also worked at Influitive11

Lars LeckieInvestor at AspenwoodWilson LeeManaging Partner at Round13 CapitalBronwyn SmithOperating & Venture Partner at Round13 CapitalAaron HoffmanSenior Associate at Intact VenturesNick ChenPrincipal at Golden VenturesFraser StarkHead of Portfolio Solutions & Strategy at Purpose Investments

+ 5 more

Also worked at eBay Motors176

Josh KopelmanFounder and Partner at First Round CapitalLogan GreenCo-founder of LyftKen HoweryCo-founder of PayPal and Founders FundClément DelangueCo-founder & CEO of Hugging FaceRon GuraCo-founder & CEO of EmpathyJack AbrahamFounder, CEO & Managing Partner of Atomic

+ 170 more

Also worked at Deloitte1,858

Kirsten GreenFounder and Managing Partner at Forerunner VenturesHunter WalkCo-founder & Partner at HomebrewBrian ArmstrongCo-founder & CEO of CoinbaseSteve AnaviCo-founder & President of QontoNancy WangInvestor at Felicis VenturesRaychel BailonVP of Finance at Felicis Ventures

+ 1,852 more