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58 Best VC Funds and Angel Investors in Canada

  • Writer: Sotirios Seridis
    Sotirios Seridis
  • Feb 6
  • 8 min read

Ranking 4th in the Global Startup Index, Canada is one of North America's most prominent innovation centers. Canada is a place where brilliant minds and bold ideas come together with an unrivaled spirit to address the world's most pressing issues. With its market-oriented economic structure, high standards of living, proximity to the US, native English language, and genuine desire to expedite the development of local startups; Canada's image as a progressive nation provides a rock-solid platform for founders to grow their enterprises in the country. With yet another great year, Canada has established a significant lead over those ecosystems rated below it; attracting numerous investors into its market. In this article, we have compiled a comprehensive list of the top VC funds and angel investors in Canada that may be the right funding partner for you.




VCs and Angel investors in Canada
VCs and Angel investors in Canada



Venture Capitalist Funds in Canada


The venture capitalist funds below are actively looking for investments in promising companies throughout various stages and sectors. The stages stated do not limit the possibility of getting funding if your company is at any stage other than what is listed.



  • Year of Inception: 2020

  • Stage: Pre Seed

  • Focus: Technology

  • Notable Portfolio: Omnicart, Vetsie, Startup Arena, Hubly

  • Contact



  • Year of Inception: 2018

  • Stage: Pre Seed, Seed

  • Focus: Technology

  • Notable Portfolio: Nolk, Lancey, PurposeMed, Audette, OSOM

  • Contact



  • Year of Inception: 2009

  • Stage: Pre Seed, Seed

  • Focus: Technology

  • Notable Portfolio: Invenia, Longbida, Exigence, PriceRazzi

  • Contact



  • Year of Inception: 2015

  • Stage: Pre Seed, Seed, Series A

  • Focus: Technology, Enterprise Software, Marketplaces, HealthTech, Medical Devices

  • Notable Portfolio: Spocket, MetaOptima, Stay22, Trayt, OptiSense

  • Contact



  • Year of Inception: 2007

  • Stage: Seed

  • Focus: Technology

  • Notable Portfolio: Blanc Labs, Dot Health, Foxquilt, Pitstop, Acto

  • Contact





  • Year of Inception: 2011

  • Stage: Seed

  • Focus: Sector Agnostic

  • Notable Portfolio: Wattpad, Avidbots, Xanadu, Brightwheel, ResQ

  • Contact



  • Year of Inception: 1999

  • Stage: Seed, Series A

  • Focus: Technology

  • Notable Portfolio: Hopper, Elevate, Potloc, Nudge, Valence, Classcraft

  • Contact



  • Year of Inception: 1999

  • Stage: Seed, Series A

  • Focus: Healthcare Technology, Medical Devices, Digital Health

  • Notable Portfolio: Exact Imaging, Marble, Flosonics Medical, MolecuLight

  • Contact



  • Year of Inception: 1989

  • Stage: Seed, Series A

  • Focus: Biotechnology, Medical Technologies, Digital Health, Consumer, Healthcare Solutions

  • Notable Portfolio: Cyrano Therapeutics, Cardiac Dimensions, Antiva Biosciences, Exact Imaging, Endotronix

  • Contact



  • Year of Inception: 2007

  • Stage: Seed, Series A

  • Focus: Technology

  • Notable Portfolio: Renorun, Sonder, Mejuri, TensTorrent

  • Contact





  • Year of Inception: 2008

  • Stage: Seed, Series A

  • Focus: Urbantech, Proptech, Fintech, Sportstech

  • Notable Portfolio: Ecobee, Greenlight, theScore, Bird, TouchBistro

  • Contact


  • Year of Inception: 2016

  • Stage: Seed, Series A

  • Focus: B2B

  • Notable Portfolio: Dooly, Wydsom AI, Sonder, Medstack, Autograph

  • Contact



  • Year of Inception: 2010

  • Stage: Seed, Series A

  • Focus: Hard Tech, Analytics, Computational Biology

  • Notable Portfolio: Bitfusion, SpaceX, Metafor, Ava, Plotly

  • Contact


  • Year of Inception: 2011

  • Stage: Seed, Series A

  • Focus: Biotechnology

  • Notable Portfolio: Inversago Pharma, Neurasic Therapeutics, Liminal BioSciences

  • Contact



  • Year of Inception: 2012

  • Stage: Seed, Series A

  • Focus: Technology

  • Notable Portfolio: Ada, Coinbase, Shippo, Qvin, AngelList

  • Contact





  • Year of Inception: 2018

  • Stage: Seed, Series A

  • Focus: Biotechnology, Future of Food

  • Notable Portfolio: FabricNano, DrugBank, Seqera Labs, Ochrebio

  • Contact



  • Year of Inception: 2018

  • Stage: Seed, Series A

  • Focus: FinTech

  • Notable Portfolio: Owl.co, Flinks, ProNavigator, Pillar, Senso

  • Contact



  • Year of Inception: 2018

  • Stage: Seed, Series A

  • Focus: Technology

  • Notable Portfolio: FightCamp, Bridgr, Alpin, MedStack, Athennian

  • Contact



GreenSky Ventures

  • Year of Inception: 2008

  • Stage: Seed, Series A

  • Focus: B2B Technology, IT, CleanTech, SaaS, MedTech

  • Notable Portfolio: Pyrowave, Trolley, Anessa, WiseDocs, Cyclica

  • Contact





  • Year of Inception: 2001

  • Stage: Seed, Series A, Series B, Series C

  • Focus: Resource Intensive Industries, Intelligent Systems, Step Change Solutions

  • Notable Portfolio: Sorterra Alloys, Luffy AI, MineHub, Novamera, DTE

  • Contact



  • Year of Inception: 2009

  • Stage: Seed, Series A, Series B, Series C

  • Focus: ClearnTech

  • Notable Portfolio: MineSense, Spark Microsystems, Agrisoma, Mysa, Encycle

  • Contact



  • Year of Inception: 2002

  • Stage: Seed, Series A, Series B, Series C

  • Focus: Software, Data, Device Technologies

  • Notable Portfolio: ThoughtWire, GoBolt, Bit Stew Systems, Group14 Technologies

  • Contact



  • Year of Inception: 2011

  • Stage: Seed, Series A, Series B, Series C

  • Focus: Technology

  • Notable Portfolio: Waabi, Foresight Group, Xanadu, Klue, Clarisights

  • Contact








  • Year of Inception: 2007

  • Stage: Seed, Series A, Series B, Series C

  • Focus: B2B and B2C SaaS

  • Notable Portfolio: AppDirect, ClearPath, Hopper, Forward, Spatial

  • Contact



  • Year of Inception: 2016

  • Stage: Seed, Series A, Series B, Series C

  • Focus: Fintech, Web3.0, ClimateTech, Insurance, Health

  • Notable Portfolio: BaseLane, Nesto, Novisto, Clear Estate, Conduit

  • Contact



  • Year of Inception: 2010

  • Stage: Seed, Series A, Series B, Series C

  • Focus: Renewable Energy, Manufacturing, Information Technology, Wholesale and Retail, Education, Innovative Technologies

  • Notable Portfolio: Hausway, VersionPay, Eco Digitec, XParcels

  • Contact



  • Year of Inception: 1994

  • Stage: Series A

  • Focus: Environmental Technology, Sustainable Consumer Goods

  • Notable Portfolio: Electrum, Lacuna, Olea, Station A, Swiftly

  • Contact



  • Year of Inception: 2012

  • Stage: Series A

  • Focus: Clean Energy, Energy Efficiency and Storage, Circular Economy, Advanced Manufacturing and Materials, Mobility Food Systems

  • Notable Portfolio: Palmetto, Mosa Meat, Liminal, Xeal, Flashfood

  • Contact





  • Year of Inception: 2000

  • Stage: Series A, Series B

  • Focus: Technology

  • Notable Portfolio: Clutch, PurposeMed, Convercent, Native, Calix

  • Contact



  • Year of Inception: 2000

  • Stage: Series A, Series B, Series C

  • Focus: Technology, Advanced Materials, Agriculture, Energy, Industrial IT, Water

  • Notable Portfolio: CellexPower, Evergreen Solar, Nanograf, SewerAI, Sofi Filtration

  • Contact



  • Year of Inception: 2000

  • Stage: Series A, Series B, Series C

  • Focus: Hard Tech

  • Notable Portfolio: Doosan, Ingevity, Umicore, Solvay, Henkel

  • Contact



  • Year of Inception: 1999

  • Stage: Series A, Series B, Series C

  • Focus: Health Care, Biotechnology, Medical, Medical Device, Therapeutics

  • Notable Portfolio: Clovis Oncology, Forsight Vision, Novira Therapeutics, VectivBio

  • Contact



  • Year of Inception: 2006

  • Stage: Series A, Series B, Series C

  • Focus: Life Sciences

  • Notable Portfolio: VectivBio, Profound, DalCor, Domain Therapeutics, Epitopea

  • Contact





  • Year of Inception: 1994

  • Stage: Series A, Series B, Series C

  • Focus: Technology, SMB SaaS

  • Notable Portfolio: Auvik, Raven, Doorr, Snappy, Remx

  • Contact



  • Year of Inception: 2018

  • Stage: Series A, Series B, Series C

  • Focus: Secto Agnostic

  • Notable Portfolio: PureLife Carbon, HTech, ZayZoon, ClickDishes

  • Contact



  • Year of Inception: 2008

  • Stage: Series B, Series C

  • Focus: B2B SaaS

  • Notable Portfolio: Shopify, Signpost, TurnItin, WorkFusion, Beam

  • Contact



  • Year of Inception: 2006

  • Stage: Seed, Series A, Series B, Series C

  • Focus: Sector Agnostic

  • Notable Portfolio: AdStash, Acerta, Beanworks, Chrysalix, Unsplash

  • Contact





Angel Investors in Canada


The Angel investors listed below are part of an Angel community located throughout Canada. They may act as an individual or as a syndicate to fund projects of their preference, so these networks are the best opportunity for you to find a potential Angel with an aligned vision and interests.


  • Stage: Seed

  • Focus: Sector Agnostic

  • Notable Portfolio: -

  • Contact



  • Stage: Pre Seed, Seed

  • Focus: ICT B2B, ICT B2C, DeepTech, CleanTech, Medical Devices, Biotechnology

  • Notable Portfolio: 4C Medical, Classcraft, Ecotierra, Flexpay, MedHelper

  • Contact



  • Stage: Seed

  • Focus: Sector Agnostic

  • Notable Portfolio: Andela, Aterlo Networks, Chalk, ExpertFile, SeamlessMD

  • Contact



  • Stage: Seed

  • Focus: Technology, Life Sciences, Cleantech, Information and Communications Technology

  • Notable Portfolio: Optigo Networks, Mazza Innovation, Wearable Therapeutics

  • Contact



  • Stage: Seed, Series A

  • Focus: Sector Agnostic

  • Notable Portfolio: -

  • Contact



  • Stage: Seed, Series A

  • Focus: Information Communication Technology, Life Sciences, Clean Technologies, Services

  • Notable Portfolio: -

  • Contact



  • Stage: Seed, Series A

  • Focus: Sector Agnostic

  • Notable Portfolio: Medusa Medical Technologies, Phase Remediation, SolutionInc

  • Contact






  • Stage: Seed, Series A

  • Focus: Sector Agnostic

  • Notable Portfolio: -

  • Contact



  • Stage: Seed, Series A

  • Focus: Technology

  • Notable Portfolio: -

  • Contact



  • Stage: Seed, Series A

  • Focus: Technology

  • Notable Portfolio: Neurovine, Grobo, TritonWear, Parlay, Hockeystick

  • Contact



  • Stage: Seed, Series A

  • Focus: Technology

  • Notable Portfolio: Ubisoft, Wisely, Waverly, Expert File, AlayaCare

  • Contact



  • Stage: Seed, Series A

  • Focus: Technology, CleanTech, MedTech

  • Notable Portfolio: Limelight, Pyrowave, Anessa, Arctic Wolf, Wisedocs

  • Contact





  • Stage: Seed, Series A

  • Focus: Green Technology, B2B/Enterprise SaaS, Deep Tech, Artificial Intelligence, Cybersecurity, Health & Medical Technology, Agriculture Technology

  • Notable Portfolio: Edgewater, Rewind, Plum, Hoppier, Mydoma Studio, Growcer

  • Contact



  • Stage: Seed, Series A

  • Focus: Technology, Sector Agnostic

  • Notable Portfolio: Funding Innovation, Surfeasy, Vana Workforce, #PAID, Miovision

  • Contact



  • Stage: Seed, Series A

  • Focus: Sector Agnostic

  • Notable Portfolio: -

  • Contact



  • Stage: Seed, Series A

  • Focus: Sector Agnostic

  • Notable Portfolio: Spectra Plasmonics, Bounce, ABCann, Wave Boating

  • Contact



  • Stage: Seed, Series A

  • Focus: Sector Agnostic

  • Notable Portfolio: -

  • Contact





  • Stage: Seed, Series A

  • Focus: Sector Agnostic

  • Notable Portfolio: -

  • Contact



  • Stage: Seed, Series A

  • Focus: Light/Advanced Manufacturing, Sustainable Development Technologies, Medical Technologies, Products and Services, Information and Communication Technologies

  • Notable Portfolio: Chickapea, Weever, RNA Diagnostics, Edgehog, Neurovine

  • Contact




  • Stage: Seed, Series A

  • Focus: B2B SaaS, AI B2B

  • Notable Portfolio: PocketSuite, Lockwell, Allbound, SherpaDesk, People Data Labs

  • Contact





Closing Thoughts on VCs and Angel Investors in Canada


Today, Canada is regarded as one of the best places in the world to start a business. This is mostly owing to the country's welcoming attitude toward entrepreneurs and numerous startup initiatives. With significant venture capital investments, incentives such as Startup Visa and tax advantages, as well as committed and close-knit ecosystem partners, Canada's entrepreneurial ecosystem appears to be more promising than ever. Canada's proactive dedication to developing startup ecosystems and wealth of resources are playing a major role in driving the local startups' growth and success.


In case you're also keen on joining startup programs to better your chance of securing venture capital funding, you may want to check out our article on the Top Startup Accelerators & Incubators in Canada!


Find VCs and Angel Investors Worldwide:





Frequently Asked Questions on VCs and Angel Investors in Canada



What's the difference between Canadian venture capital firms and angel investors in the startup ecosystem?


Venture capital firms in Canada typically invest larger amounts ($1M+) through VC funds and focus on scale-up companies, while Canadian angel investors are high-net-worth individuals who typically invest smaller amounts ($25K-500K) in early-stage startups. Angels often provide mentorship alongside seed funding and participate in angel investor networks like Angel One Network or Golden Triangle Angel Network (GTAN).



How do I find venture capital and angel investment opportunities in major Canadian tech hubs?


The strongest Canadian VC and angel investment ecosystems are concentrated in Toronto-Waterloo, Vancouver, and Montreal. Major players include OMERS Ventures, Georgian Partners, and Real Ventures. Entrepreneurs can connect through accelerators like MaRS Discovery District, Creative Destruction Lab (CDL), or platforms like AngelList Canada and National Angel Capital Organization (NACO).



What investment sectors are Canadian VCs and angels most interested in funding?


Canadian investors show strong interest in fintech, artificial intelligence, cleantech, digital health, and enterprise software. Notable Canadian VC firms like Portag3 Ventures focus on fintech, while BDC Capital invests across multiple technology sectors. Angel groups often align with local industry strengths, such as Vancouver's focus on cleantech and Toronto's emphasis on fintech innovations.



What funding stages do Canadian venture capital firms and angel investors typically target?


Canadian angel investors typically focus on pre-seed and seed rounds ($100K-$1M), while venture capital firms in Canada usually enter at Series A ($1M-$5M) and beyond. Some larger Canadian VC funds like iNovia Capital and Version One Ventures participate across multiple stages, from seed to growth equity investments in Canadian startups.



What are the typical terms and valuations for Canadian VC and angel investments?


For early-stage Canadian startups, angel investors typically seek 15-30% equity stakes through convertible notes or SAFE agreements. Canadian VC firms often look for 20-40% ownership in Series A rounds, with valuations varying by sector and growth metrics. Investment terms commonly include board seats, pro-rata rights, and strategic support for scaling within the Canadian market and internationally.














 
 
 

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