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Top 45 InsurTech VC Funds & Investors in Canada (June 2026)

The most active venture capital funds investing in Canada InsurTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Canada InsurTech startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Impression Ventures
VC Fund
5 Canada, United States Seed, Series A, Series B Financial Services, FinTech, Software $951k–$52M
Luge Capital
VC Fund
3 Canada, United States, United Kingdom Seed, Series A, Series B Financial Services, FinTech, Information Technology $1.2M–$30M
Real Ventures
VC Fund
3 Canada, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $650k–$50M
Ferst Capital Partners - FCP
VC Fund
2 Canada, United States, Germany Seed, Series A Software, Financial Services, FinTech $549k–$7.3M
CIBC Innovation Banking
VC Fund
2 United States, Canada, United Kingdom Debt Financing, Post-IPO Debt Software, SaaS, Information Technology
Diagram Ventures
VC Fund
2 Canada, United States, Spain Seed, Series A, Pre-Seed Financial Services, Software, FinTech $439k–$33M
Orbit Ventures
VC Fund
2 Egypt, United States, United Arab Emirates Pre-Seed, Seed, Series A Artificial Intelligence, FinTech, Software $100k–$12M
MaRS Investment Accelerator Fund
VC Fund
2 Canada, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, Health Care $368k–$14M
Signatures Capital
VC Fund
1 United States, United Kingdom, Chile Seed, Series A, Series B Software, SaaS, Analytics $599k–$37M
Alibaba Entrepreneurs Fund
VC Fund
1 Hong Kong, Taiwan, United States Series A, Seed, Series B Software, E-Commerce, Artificial Intelligence $510k–$150M
NAventures
VC Fund
1 Canada, United States, Israel Series A, Series B, Seed FinTech, Financial Services, Finance $1.8M–$100M
FUSE
VC Fund
1 United States, Canada, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $2M–$32M
NFP Ventures
VC Fund
1 United States, Canada Series A, Seed, Series B Insurance, InsurTech, Health Care $1.5M–$32M
GreenSky Ventures
VC Fund
1 Canada, United States, United Kingdom Seed, Series A Software, Information Technology, Health Care $675k–$4.4M
Canada Economic Development
VC Fund
1 Canada Debt Financing Manufacturing, SaaS, Fashion
Toronto Innovation Acceleration Partners
VC Fund
1 Canada, United States Pre-Seed, Seed Health Care, Biotechnology, Software $22k–$8M
Cameron Ventures
VC Fund
1 United States, Canada Series A, Seed, Pre-Seed Software, FinTech, Financial Services $1.4M–$20M
Desjardins Venture Capital
VC Fund
1 Canada, United States Seed, Series A Software, Information Technology, Manufacturing $805k–$22M
Sway Ventures
VC Fund
1 United States, United Kingdom, Canada Series A, Seed, Series B Software, SaaS, Information Technology $1.6M–$36M
BMO Capital Markets
VC Fund
1 Canada, United States, Australia Post-IPO Equity, Debt Financing, Post-IPO Debt Mining, Precious Metals, Energy $4.9M–$3.4B
Caisse des Dépôts et Consignations
VC Fund
1 Canada, France Series B SaaS, Retail, FinTech
N49P
VC Fund
1 Canada, United States, Jamaica Seed, Pre-Seed, Series A Software, Artificial Intelligence, Financial Services $549k–$20M
Drive Capital
VC Fund
1 United States, Canada, Israel Series A, Series B, Seed Software, Artificial Intelligence, Health Care $2M–$54M
Inovia Capital
VC Fund
1 Canada, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, SaaS $1M–$79M
National Bank of Canada
VC Fund
1 Canada, United States, Spain Post-IPO Debt, Debt Financing Energy, Renewable Energy, Financial Services $3.1M–$474M
Aviva Canada
VC Fund
1 Canada Grant, Pre-Seed InsurTech, Insurance, Non Profit
Propulia Capital
VC Fund
1 Canada, France Series A Information Technology, Artificial Intelligence, SaaS
ManchesterStory Group
VC Fund
1 United States, Canada, Mexico Series A, Seed, Series B Insurance, InsurTech, Health Care $3M–$100M
WI Harper Group
VC Fund
1 United States, Taiwan, China Series A, Seed, Series B Software, Health Care, Biotechnology $1.4M–$41M
Innovation Grade Capital
VC Fund
1 Canada Seed, Series A Software, Machine Learning, News $1.5M–$2M
Interaction Ventures
VC Fund
1 Canada, United States Seed SaaS, FinTech, Internet $800k–$3.3M
Ames Seed Capital
VC Fund
1 United States, Canada Seed, Series B, Series C Software, Health Care, B2B $100k–$1.2M
Clocktower Technology Ventures
VC Fund
1 United States, Brazil, Mexico Seed, Series A, Series B FinTech, Financial Services, Software $2.2M–$86M
American Family Insurance
VC Fund
1 United States, Canada Seed, Series A, Series D Software, InsurTech, Smart Home $1.5M–$3M
Loyal VC
VC Fund
1 United States, Canada, United Kingdom Pre-Seed, Seed Artificial Intelligence, Software, E-Commerce $20k–$3.1M
Investment Group of Santa Barbara
VC Fund
1 United States, Canada Seed, Series B, Series A Software, SaaS, Information Technology $330k–$200M
Portage Ventures
VC Fund
1 United States, Canada, United Kingdom Seed, Series A, Series B FinTech, Financial Services, Software $2M–$80M
SOSV
VC Fund
1 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
Export Development Canada
VC Fund
1 Canada, United States, United Kingdom Series B, Series A Software, Manufacturing, Renewable Energy $3.5M–$50M
Graphite Ventures
VC Fund
1 Canada, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, Machine Learning
Silicon Valley Bank
VC Fund
1 United States, United Kingdom, Canada Debt Financing, Series B, Series A Software, Health Care, Biotechnology
Axis Insurance Managers Inc
VC Fund
1 Canada Series A Mobile, InsurTech, Insurance
BDC Venture Capital
VC Fund
1 Canada, United States, Japan Series A, Seed Software, Information Technology, Artificial Intelligence
Vectr
VC Fund
1 United States, Hong Kong, Singapore Seed, Series A, Series B FinTech, Financial Services, Artificial Intelligence $547k–$70M
Leaders Fund
VC Fund
1 United States, Canada, Israel Series A, Seed, Series B Software, SaaS, Information Technology $1.6M–$100M
Access all 82 VC funds in Canada InsurTech startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Impression Ventures
VC Fund · Toronto, Ontario, Canada · 5 investments in Canada InsurTech startups

VC firm focused on investing in FinTech and related technology companies.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States

Investor stats

  • Total investments: 39
  • Round size: Seed $951k–$6M; Series A $4M–$17M; Series B $25M–$52M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $64M in 2022

Portfolio highlights

  • 401GO — 401GO provides a comprehensive 401k solution for small businesses of all sizes, from a single to thousands of employees. Ongoing administration is automated with payroll integrations while compliance, government filings, notifications, and all other responsibilities are handled by the company.
  • Sensibill — Sensibill is a solution for financial institutions and banks to collect, synthesize, and action customer spend data to personalize at scale. Schedule a free demo now!
  • Finaeo — Finaeo is powering the future of life and health insurance with our all-in-one platform. Our digital marketplace connects carriers, brokers and clients through a fully-integrated experience.
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Luge Capital
VC Fund · Montréal, Quebec, Canada · 3 investments in Canada InsurTech startups

Luge Capital is a fintech focused venture capital fund, investing in early-stage teams shaping the way the world experiences financial services. We are an experienced team with value added investors and a deep industry network to help founders build successful companies.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 40
  • Round size: Seed $1.2M–$5.6M; Series A $4.4M–$14M; Series B $20M–$30M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — raised $85M in 2019

Portfolio highlights

  • Cybrid — The Cybrid software development kit & cloud-based platform can enable you to launch crypto trading within weeks, for minimal fees. Save millions in headcount, legal, and operational costs, compared to building your own platform from scratch.
  • Plooto — Powerful accounts payable and receivable software from Plooto helps your business automate these processes. Click here to learn more.
  • Xclaim — Recover what you are owed quicker with the easiest and world's largest bankruptcy claims marketplace. Discover how here.
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Real Ventures
VC Fund · Montréal, Quebec, Canada · 3 investments in Canada InsurTech startups

Real Ventures is an early-stage venture firm focused on serving daring entrepreneurs with the ambition to create successful, global companies. Since 2007, Real Ventures has dedicated itself to building the Canadian startup ecosystem on the belief that people, not money, build game-changing companies. Real Ventures provides stage-specific guidance,mentorship, and access to networks and resources to fast-track founders’ personal and company growth. Real Ventures manages $325 million across five funds and its active portfolio of 100+ companies is currently valued at $10 billion. www.realventures.com

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 209
  • Round size: Seed $650k–$5M; Series A $2.2M–$22M; Series B $2.8M–$50M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $132M in 2017

Portfolio highlights

  • Peggy — Peggy is a social marketplace that allows you to discover, buy, and sell investment-worthy art. A place for the art-curious and the art-expert, for the art gallery and artist. A new way forward for the art world.
  • Clutch — Clutch is a Toronto-based technology company that is reinventing the way people buy and own cars. Clutch offers high-quality certified vehicles at great prices through a fully online customer experience. At Clutch.ca, customers browse inventory online, buy the car that’s right for them, and enjoy effortless at-home delivery. Clutch’s mission is toprovide customers with a delightful car buying experience by offering high-quality cars at great prices with ultimate convenience while making a positive impact on the communities in which it operates.
  • Canvass AI — Canvass AI empowers industrial workforces to leverage data and create immediate impact in their day-to-day operations.
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Ferst Capital Partners - FCP
VC Fund · Montréal, Quebec, Canada · 2 investments in Canada InsurTech startups

Ferst Capital Partners (FCP) is a private investment firm which invests in venture capital, private equity, public markets, sector-focused funds and crypto assets. We have an interest and expertise in consumer fintech, digital assets and search funds.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Series A
  • Geography: Canada, United States, Germany

Investor stats

  • Total investments: 22
  • Round size: Seed $549k–$1.9M; Series A $2.9M–$7.3M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Chexy — Let your rent elevate your lifestyle. Chexy is the new standard for paying rent. We believe that tenants should be able to pay rent digitally and flexibly while building credit and earning rewards.
  • auticon — auticon is the first German company to exclusively employ autistic people as software testers and offer their services (Software-Tests) on the free market. This innovative approach gives the client the advantage of special high-quality workmanship.
  • North One — NorthOne is an online Business Account with built-in features to make business banking fast and easy. No overdraft fees. No minimum balance. No hidden fees.
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CIBC Innovation Banking
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada InsurTech startups

CIBC Innovation Banking is a trusted financial partner to entrepreneurs and investors. Backed by the strength of CIBC, Innovation Banking can provide financial capital, rich network of connections, and insightful service that give our clients an edge in the innovation economy.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 68
  • Lead/follow: no public data

Portfolio highlights

  • VEDA GmbH — VEDA GmbH is an agency offering flexible HR software and services for over 40 years that effectively support companies in HR management.
  • Ignition — Engage clients, get paid and run your business on autopilot with Ignition. Create online proposals & automate client payments, all from one place. Learn more.
  • The Learning Internet — Explore Learning.com's digital literacy & coding curriculum for K-12 students. Learn more, try EasyTech for free, or talk to a specialist today.
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Diagram Ventures
VC Fund · Montréal, Quebec, Canada · 2 investments in Canada InsurTech startups

Connecting ideas, founders, and capital to build companies

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Canada, United States, Spain

Investor stats

  • Total investments: 46
  • Round size: Seed $1.7M–$7.9M; Pre-Seed $439k–$2.6M; Series A $4.8M–$33M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Trice — Trice is a payment solution that provides intelligent, secure, and cost-effective money movement. The company offers a real-time money movement software platform designed and certified to make receiving and sending money happen in seconds rather than days.
  • ReliON — ReliON is an end-to-end EV charging infrastructure operation and maintenance system that offers an integrated experience from problem identification to resolution.
  • Walnut Insurance — Insurance for everyone. Pick from transparent plans made for you.
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Orbit Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Canada InsurTech startups

Founded in 2010, Orbit is the Emerging Markets VC investing in tech companies that digitize traditional industries and help people raise their living standards all in a more sustainable way. Orbit provides a lifetime program with hands-on support for partnerships, business development, fundraising, growth, and an initial investment package andfollow-on funding. The firm focuses on digitalization across e-commerce, fintech, media, healthcare, education, and logistics sectors.

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Investment focus

  • Industry: Artificial Intelligence, FinTech, Software
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Egypt, United States, United Arab Emirates

Investor stats

  • Total investments: 90
  • Round size: Seed $100k–$1.5M; Pre-Seed $100k–$500k; Series A $7.3M–$12M
  • Lead/follow: 90% lead, 10% follow

Portfolio highlights

  • Taiseer — Taiseer is building the wealth-preservation infrastructure for inflation-prone markets, starting with fractional physical gold micro-savings. The platform enables users to convert small, flexible deposits into physical gold that is securely stored and delivered upon completion. Designed for mass-market users and built on a customer-agent,Sharia-compliant model, Taiseer removes traditional barriers to gold ownership while maintaining capital efficiency and zero inventory risk. Live in Egypt and scaling through institutional partnerships, Taiseer is laying the foundation for a broader asset-backed savings platform across emerging markets.
  • TradeTogether — TradeTogether Home Page 2022
  • Umrah Companions — Umrah Companions is a booking portal that offers Pilgrimage packages to meet a variety of needs and budgets.
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MaRS Investment Accelerator Fund
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada InsurTech startups

Working with Ontario talent to develop World Class Companies Learn More

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 161
  • Round size: Seed $375k–$4M; Pre-Seed $368k–$1.5M; Series A $2.2M–$14M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Cyder — Cyder is an end-to-end loyalty platform that allows credit unions to seamlessly issue, redeem, and integrate white-labeled rewards into everyday banking.
  • Axonify — Axonify provides eLearning software, interval reinforcement solutions, and gamified learning. Using principles of interval reinforcement and incorporating the realities of how emerging workforces learn in today’s environment, Axonify enables its customers to make training stick and improve employee performance.
  • SceneDoc — SceneDoc is public safety’s first all-in-one mobile software for data collection and retrieval. By modernizing with SceneDoc, agencies operate with higher levels of clarity and control, with fewer moving parts, capturing data and reporting at the point of need. SceneDoc is saving agencies an hour of paperwork per shift on average, resulting in lesstime reporting and more time in the community so officers can do what they do best.
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Signatures Capital
VC Fund · Redwood Shores, California, United States · 1 investments in Canada InsurTech startups

For 25 years, Signatures Capital founder Bobby Yazdani has been funding early stage technology businesses and collaborating with entrepreneurs and leadership teams to help build world-changing companies.Signatures Capital has built relationships at major research universities, government laboratories and incubators, as well as cultivated anextensive network of entrepreneurs across the technology industry. Through its relationships, Signatures Capital gains specialized access that allows them to identify and capitalize on transformative technology themes before they become mainstream. Their goal is to partner with founders who recognize these shifts and then steward those boldly building the future.Bobby began investing privately in 1989. In 2006, he formalized his activities by founding Signatures Capital.

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Investment focus

  • Industry: Software, SaaS, Analytics
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Chile

Investor stats

  • Total investments: 110
  • Round size: Seed $599k–$2.5M; Series A $1.5M–$14M; Series B $6M–$37M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — raised $2.1M in 2015

Portfolio highlights

  • Opendoor Technologies — Opendoor is the new way to sell your home. Skip the hassle of listing, showings and months of stress, and close on your own timeline. Get a free offer today!
  • Solvvy — Resolve customer issues quickly, accurately, and at scale with Zoom Virtual Agent; the AI chatbot designed to boost contact center efficiency and save money.
  • WealthEngine — WealthEngine offers wealth screening and search, customer segmentation and modeling, donor analysis. Prospecting software integrates with Salesforce, Ellucian.
Show all investments...

Alibaba Entrepreneurs Fund
VC Fund · Causeway Bay, Hong Kong Island, Hong Kong · 1 investments in Canada InsurTech startups

The Entrepreneurs Fund is a not-for-profit initiative launched by Alibaba Group in 2015 to help entrepreneurs and young graduates realize their dreams and vision. Two separate funds have been set up in Hong Kong and Taiwan respectively to support specific programs in each place.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: Hong Kong, Taiwan, United States

Investor stats

  • Total investments: 68
  • Round size: Seed $510k–$7M; Series A $2M–$68M; Series B $7M–$150M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: May invest from a new fund soon — raised $130M in 2015

Portfolio highlights

  • PanopticAI — PanopticAI is a health system that uses artificial intelligence and signal processing to comprehend the human body and improve health.
  • Vpon Holdings — Vpon Holdings is an AI big data analysis and advertising company.
  • Ziwu Technology — Ziwu Technology offers the conversion of bio-based waste into sustainable new materials and provides environmentally friendly solutions.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
NAventures
VC Fund · Montréal, Quebec, Canada · 1 investments in Canada InsurTech startups

We invest in startups and developing compagnies and support them every step of the way to ensure their success.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Series A, Series B, Seed
  • Geography: Canada, United States, Israel

Investor stats

  • Total investments: 37
  • Round size: Seed $1.8M–$3.7M; Series A $7.3M–$37M; Series B $8M–$100M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Spade — Providing AI merchant extraction, brand logos, merchant locations, and categorization as a service to fin-techs.
  • Memcyco — Memcyco's unique solutions protect businesses and customers from brand impersonation attacks and strengthen digital trust for online brands.
  • Nova Credit — Nova Credit is a credit infrastructure and analytics company that enables businesses to grow responsibly by harnessing alternative credit data.
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FUSE
VC Fund · Seattle, Washington, United States · 1 investments in Canada InsurTech startups

FUSE exists to help founders do more, be more, succeed...more.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 63
  • Round size: Seed $2M–$11M; Series A $8M–$20M; Series B $17M–$32M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $250M in 2023

Portfolio highlights

  • Gone — Gone is a goods redistribution platform that offers free pickup of gently used household products.
  • Starcloud — Starcloud is building a network of megawatt-scale data centers in space, scaleable to gigawatt capacity. Falling launch costs allow Starcloud to take advantage of the abundant energy, passive cooling, and high-speed connectivity in space.
  • Portal Space Systems — Portal Space Systems is a full-service space manoeuvrability solution that delivers tactical response and dynamic space.
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NFP Ventures
VC Fund · New York, New York, United States · 1 investments in Canada InsurTech startups

NFP Ventures' mission is to find, fund and work successfully with visionary entrepreneurs, applying NFP’s expertise to facilitate long-term success. Typically, the firm targets companies seeking Seed to Series B investments that can benefit from NFP's distribution, human capital and other unique assets to accelerate their growth.

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Investment focus

  • Industry: Insurance, InsurTech, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada

Investor stats

  • Total investments: 35
  • Round size: Seed $1.5M–$8M; Series A $3.3M–$30M; Series B $15M–$32M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Axio — Discover Axio's platform for assessing and managing cyber risks, enhancing resilience, and optimizing cybersecurity investments.
  • CoverTree — Finally, a better kind of manufactured home insurance. Buy online and save up to 40% in less than 3 minutes. Powered by Three steps. Three minutes.
  • Honeycomb — At Honeycomb Insurance we're simplifying the real estate insurance process, making it easier to find better coverage at a fraction of the cost
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GreenSky Ventures
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada InsurTech startups

GreenSky Ventures is a Toronto-based firm that makes investments in early-stage Canadian technology companies.GreenSky Ventures seeks early-stage B2B technology companies in Canada, emphasizing protectable IP and experienced management. It makes investments in early-stage technology companies through its affiliated venture capital funds, GreenSkyAccelerator Fund I, II and III. Their principals bring a unique combination of experience in technology, law, and finance to high-growth potential companies and dedicated entrepreneurs.GreenSky Capital was founded in Toronto, Ontario in 2010 by Geoff Simonett and Michael T. R. List.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 65
  • Round size: Seed $675k–$3.3M; Series A $2.3M–$4.4M
  • Lead/follow: 69% lead, 31% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Assetflo — Assetflo provides mobile IoT solutions for tracking the precise location from tracking applications.
  • PhenoTips — More than just a pedigree maker, PhenoTips is a complete software solution for medical genomics, making your genomics department future-forward and paper-free.
  • Trolley — Trolley is the best payouts platform for businesses needing to pay creators, musicians, artists, freelancers, or on-demand workers.
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Canada Economic Development
VC Fund · Montréal, Quebec, Canada · 1 investments in Canada InsurTech startups

Canada Economic Development assists businesses, communities, and the organizations that support them through its network of business offices located throughout the province.

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Investment focus

  • Industry: Manufacturing, SaaS, Fashion
  • Stage:Debt Financing
  • Geography: Canada

Investor stats

  • Total investments: 4
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Arseno — Arseno specializes in producing practical customised apparel.
  • LIBERTY SPRING — Founded in 1986, Liberty Springs designs and assembles complex, high value-added precision springs for the automotive industry and for the recreational and off-road vehicle sector. Canada’s leading manufacturer, the Montmagny-based company has more than 700 employees at five different production sites, including more than 450 employees in Québec.Over two-thirds of production is exported.
  • The Unscented Company — We create effective unscented home and body care smartly designed for eco conscious living and a sustainable future.
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Toronto Innovation Acceleration Partners
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada InsurTech startups

MaRS Innovation (MI) is a commercialization engine that integrates, centralizes and accelerates time to market of the discovery and intellectual property assets from its 15 world-class research institutions. MI’s discovery and innovation pipeline is derived from $1 billion in annual R&D funding. Created as a not-for-profit organizationthrough the Government of Canada’s Center of Excellence for Commercialization and Research program (CECR), MI has raised $50 million from federal and provincial governments, member institutions and industry partners. MI’s vision is to transform the Toronto-based research enterprise into one of world’s most successful commercialization clusters.Through detailed, market facing due diligence, MI identifies opportunities from Canada’s largest academic cluster for further development and commercialization through project management, intellectual property management, investment and technology development. By crossing the innovation gap, MI transforms these opportunities into successful high-value licensing transactions and financeable start-up companies.

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Investment focus

  • Industry: Health Care, Biotechnology, Software
  • Stage:Pre-Seed, Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 60
  • Round size: Seed $73k–$8M; Pre-Seed $22k–$525k
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • HDAX Therapeutics — HDAX Therapeutics novel modality unlocks a never-seen-before binding mechanism to key biological molecules.
  • Radiant Biotherapeutics — Radiant Biotherapeutics: Transformative, multi-valent, multi-specific antibody platform: Multabody
  • Grey Matter Neurosciences — Grey Matter Neurosciences is a neurotechnology firm developing new medical devices and drug-device combinations to treat age-related brain illnesses like dementia.
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Cameron Ventures
VC Fund · Oklahoma City, Oklahoma, United States · 1 investments in Canada InsurTech startups

Enduring support for determined founders. We are not just VCs. We are true partners. We go beyond capital by building enduring relationships to support founders through every stage in their journey.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Series A, Seed, Pre-Seed
  • Geography: United States, Canada

Investor stats

  • Total investments: 20
  • Round size: Seed $1.8M–$6.3M; Pre-Seed $1.4M–$2.5M; Series A $4.8M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Alix — Alix streamlines estate settlements with our AI-powered platform. Simplify document management, asset distribution, and legal processes for a smoother, more efficient experience. Explore our innovative solution today.
  • Flex — Flex is a financial services company that provides analysis, integration, and management solutions for HSA/FSA payments.
  • Castellum.AI — Castellum.AI is the most accurate, reliable and fastest financial crime prevention solution. Don't take our word for it, try it yourself. Search sanctions, PEPs and 1000+ global watchlists in 100+ languages.
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Desjardins Venture Capital
VC Fund · Lévis, Quebec, Canada · 1 investments in Canada InsurTech startups

Desjardins Capital makes it easy to grow your business with financial and strategic support. Investment capital and venture capital can help you meet your business goals.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 135
  • Round size: Seed $805k–$5M; Series A $5.7M–$22M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: May invest from a new fund soon — raised $120M in 2018

Portfolio highlights

  • Vention — Design and order custom industrial equipment in days. Fast and easy-to-use cloud CAD, loaded with modular parts, that ship next day.
  • Inscora — Inscora provides automated cyber risk assessment and sales enablement tools for cyber insurance brokers.
  • Moka — Moka helps you save effortlessly by automatically investing your spare change. Get started in just a few minutes and watch your money grow with every purchase you make. Save more, spend less and invest smarter with Moka.
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Sway Ventures
VC Fund · San Francisco, California, United States · 1 investments in Canada InsurTech startups

Sway Ventures invest in high performing teams, building revolutionary technology, creating the next enterprise or consumer category.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 85
  • Round size: Seed $1.6M–$10M; Series A $5M–$27M; Series B $13M–$36M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Secro — Digitize Negotiable Documentary Workflows , Improve Compliance , Manage Risks , All Commodities & transportation Modes With One Secure Platform Low-code SaaS to digitize & automate key trade documents. Ensure clarity before you commit with a guided process. Adapts to your...
  • Tally — Looking to manage your credit card debt? Sign up to be the first to know about the DebtIQ launch.
  • Blue Cedar — Blue Cedar mobile app security, delivered through a DevSecOps platform, makes it easy to create self-protecting mobile apps with multi-layer defenses.
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BMO Capital Markets
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada InsurTech startups, 6 in the past 12 months

BMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as rese

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Investment focus

  • Industry: Mining, Precious Metals, Energy
  • Stage:Post-IPO Equity, Debt Financing, Post-IPO Debt
  • Geography: Canada, United States, Australia

Investor stats

  • Total investments: 90
  • Round size: Post-IPO Debt $4.9M–$3.4B; Debt Financing $15M–$3.4B; Post-IPO Equity $10M–$219M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Lockton — From simple coverage reviews to fully-embedded risk management services, discover the many ways Lockton can help with your insurance needs across Europe
  • Mini Mall Storage — Mini Mall Storage offers self-storage facilities and solutions.
  • Avenue Living Asset Management — Avenue Living Asset Management is a vertically integrated real estate owner and operator that specializes in acquiring, enhancing, and managing a diversified portfolio that includes multi-family residential units, self-storage facilities, farmland, and commercial properties. Its investment strategy focuses on identifying opportunities othersoverlook, particularly underperforming assets, and stabilizing them through hands-on management and value-add initiatives.
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Caisse des Dépôts et Consignations
VC Fund · Tunis, Tunis, Tunisia · 1 investments in Canada InsurTech startups

Caisse des Dépôts et Consignations is an investment bank that invests in energy, environment, and sustainable development sectors.

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Investment focus

  • Industry: SaaS, Retail, FinTech
  • Stage:Series B
  • Geography: Canada, France

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Towt — Towt is a shipping company that provides a practical and alternative solution for shipping. It's mission is to decarbonize the shipping industry using wind drilling for cleaner, less hydrocarbon-dependent transport.
  • Spareka — Spareka is specialist in the online sale of spare parts for the home. Spareka is a site in the sale of spare parts but the site is not limited of course, to the sale of these parts but it also contributes to the replacement of the part and helps with repair.
  • Koios Intelligence — MISSIONKoïos Intelligence is on a mission to Improve the insurance value chain using conversational AI.Our platform Olivo is built for insurance customers with the goal of eliminating waiting time, reducing operational costs and offering an unprecedented customer experience. Based on Natural Language Processing and state-of-the-art ArtificialIntelligence, Olivo is made to answer new customer needs and expectations in today’s digital world.
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N49P
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada InsurTech startups

N49P is a venture capital firm focused on ideas to seed-stage Canadian technology startups.

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Investment focus

  • Industry: Software, Artificial Intelligence, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada, United States, Jamaica

Investor stats

  • Total investments: 96
  • Round size: Seed $1M–$7.5M; Pre-Seed $549k–$3.5M; Series A $3.3M–$20M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Lotly — Find your best mortgage rate in a few clicks with our mortgage discovery system. Whether you're a first time homebuyer, looking to refinance, or require a creative solution, our mortgage agents will help with every step. Expert advice, personalized results, and the best experience at no cost to you.
  • Uplinq — Uplinq is the first, global credit assessment platform for small business lenders. We provide lenders confidence, through billions of unique & validated data signals beyond traditional credit indicators, to make the most accurate decisions possible. Our platform allows lenders to gain insights on all SMBs in their portfolio, while empoweringthem to better support the underserved, unbanked, minority & immigrant small business owner.The company was founded in 2021 and is based in Toronto, Canada.
  • FightCamp — FightCamp delivers the most exhilarating and effective form of home fitness through interactive boxing workouts, streamed to your device on demand.
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Drive Capital
VC Fund · Columbus, Ohio, United States · 1 investments in Canada InsurTech startups

Drive Capital is a venture capital firm in Columbus that invests in world-class founders building the next generation of market-defining companies.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 163
  • Round size: Seed $2M–$13M; Series A $5M–$22M; Series B $12M–$54M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — raised $1B in 2022

Portfolio highlights

  • Nursa — Find PRN jobs or hire RNs, LPNs, & CNAs in real-time with Nursa. Clinicians & facilities connect on our mobile marketplace.
  • Meroxa — Meroxa is the industry-leading low-code real-time data streaming platforms. Explore our platform for free!
  • Branch — Branch help businesses modernize their payment methods to empower working Americans. Earned wage access, cashless tips and mileage reimbursements, no-fee paycard alternatives, and 1099 digital disbursements are just some of the tools in our fast, free, and flexible platform.
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Inovia Capital
VC Fund · Montréal, Quebec, Canada · 1 investments in Canada InsurTech startups

We support entrepreneurs at every stage of their journey and build technology companies that generate a positive impact on society.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 346
  • Round size: Seed $1M–$8M; Series A $2M–$18M; Series B $5M–$79M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • Certn — Thousands of companies worldwide rely on Certn's integrated background screening to secure the right people with an 80% reduced time to hire.
  • Allocadia — Allocadia's performance marketing software helps marketing teams confidently plan budgets and optimize campaigns and manage investments to improve marketing ROI.
  • Visto — Visto is a technology company dedicated to bringing transparency, interoperability and accountability to digital advertising. The company’s Visto™ Enterprise Advertising Hub is a vendor-agnostic platform that unites the complete ad tech stack in a single user-friendly interface. Brands, media companies and agencies benefit from transparency inmanaging execution partners, optimizing ad spend, measuring performance and leveraging analytics to drive efficiencies and improve ROI. For more information, contact www.vistohub.com.
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National Bank of Canada
VC Fund · Calgary, Alberta, Canada · 1 investments in Canada InsurTech startups, 28 in the past 12 months

Simplify your finances with our services including bank accounts, mortgages, credit cards, savings, and loans. Access your accounts with 24/7 online banking.

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Investment focus

  • Industry: Energy, Renewable Energy, Financial Services
  • Stage:Post-IPO Debt, Debt Financing
  • Geography: Canada, United States, Spain

Investor stats

  • Total investments: 129
  • Round size: Post-IPO Debt $4M–$474M; Debt Financing $3.1M–$467M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Boralex — Boralex is a power producer whose core business is dedicated to the development and the operation of renewable energy power stations. Currently, the Corporation operates in Canada, France and the United States an asset base with a capacity of more than 1,100 MW, of which 940 MW are under its control. Boralex is also developing, bothindependently and with Canadian and European partners, a number of energy projects of which over 160 MW of power will be commissioned by the end of 2016. Boralex’s shares and convertible debentures are listed on the Toronto Stock Exchange under the ticker symbols BLX and BLX.DB, respectively. With about 250 employees, Boralex is known for its diversified expertise and in-depth experience in four power generation types — wind, hydroelectric, thermal and solar.
  • Anaergia — Anaergia provides world-leading anaerobic digestion (AD) solutions to help you achieve a cleaner, greener planet. From food waste and agriculture to energy production and wastewater treatment, we have a wide range of solutions.
  • Rockit Motors — Fortune 500 DNA. Startup agility. Decades of experience. Unlock the potential in your business with the only manufacturing partner built to turn "Is this
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Aviva Canada
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada InsurTech startups

Aviva Canada Inc. is a Canadian property and casualty insurance company and a wholly owned subsidiary of the UK-based Aviva plc.

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Investment focus

  • Industry: InsurTech, Insurance, Non Profit
  • Stage:Grant, Pre-Seed
  • Geography: Canada

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Zensurance — At Zensurance we simplify the process of getting commercial insurance for your business. Get a free online quote!
  • Team Rubicon Canada — Team Rubicon is a humanitarian organization that helps communities prepare for, respond to, and recover from disasters and emergencies.
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Propulia Capital
VC Fund · Montréal, Quebec, Canada · 1 investments in Canada InsurTech startups

We are a International investment platform, founded by entrepreneurs and operators who want to make a lasting impact on the world.

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, SaaS
  • Stage:Series A
  • Geography: Canada, France

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kiro — Kiro is an IT company that offers artificial intelligence, ergonomic design, and software development solutions for medical biology.
  • Koios Intelligence — MISSIONKoïos Intelligence is on a mission to Improve the insurance value chain using conversational AI.Our platform Olivo is built for insurance customers with the goal of eliminating waiting time, reducing operational costs and offering an unprecedented customer experience. Based on Natural Language Processing and state-of-the-art ArtificialIntelligence, Olivo is made to answer new customer needs and expectations in today’s digital world.
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ManchesterStory Group
VC Fund · West Des Moines, Iowa, United States · 1 investments in Canada InsurTech startups

Looking for partners to fuel growth in financial services, healthcare, and insurance? Our strategic capital can help. Join us in changing the game.

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Investment focus

  • Industry: Insurance, InsurTech, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, Mexico

Investor stats

  • Total investments: 52
  • Round size: Seed $3M–$7.5M; Series A $4.5M–$18M; Series B $24M–$100M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Matic Insurance — Matic is an independent insurance agency that works with multiple insurance carriers so that we can provide the best recommendation to you. This often results in the best policy and the best price.
  • Trailblazer Technology — Trailblazer Technology provides modern and affordable insurance policy admin and claims solutions purpose built for smaller insurers.
  • PLNAR — Smart Picture Technologies, Inc. develops digital measurement systems for collecting and storing accurate measurement data. Its systems enable users to create and share dimensions embedded in images between users, customers, and their contractors. The company solutions include visual scene information, dimension data, and user defined tags. Itoffers its solutions for applications, such as DIY and home improvement, medical and biometrics, package delivery and tracking, and field service and repairs. The company was incorporated in 2012 and is based in Austin, Texas.
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WI Harper Group
VC Fund · San Francisco, California, United States · 1 investments in Canada InsurTech startups

We take a diversified approach, investing in the early stage, across multiple sectors with our deep domain expertise.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Series A, Seed, Series B
  • Geography: United States, Taiwan, China

Investor stats

  • Total investments: 150
  • Round size: Seed $1.4M–$5M; Series A $2M–$15M; Series B $6M–$41M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $174M in 2016

Portfolio highlights

  • DivX — Download free DivX Software to play, convert and cast video including DivX, AVI, MKV and HEVC files up to 4K. Play AVI and convert to MP4!
  • AIM — AIM focuses on affordable and easy access to early preventive detection, precision diagnosis and automated prognosis monitoring of prevailing chronic diseases at vast installations of points-of-care.
  • Immunwork — Immunwork develops innovative drugs that combine targeting and effector functions to enhance efficacy and safety. The company focuses on creating ultralong-acting analogues, such as TE-8214, an octreotide derivative, and TE-8035, a modified human insulin. Immunwork's drug pipeline addresses immune system diseases and leverages a proprietarytechnology platform. The company is involved in clinical trials to validate its therapeutic solutions.
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Innovation Grade Capital
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada InsurTech startups

Innovation Grade Capital is a provider of active guidance in key functional areas such as marketing, operations, business development.

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Investment focus

  • Industry: Software, Machine Learning, News
  • Stage:Seed, Series A
  • Geography: Canada

Investor stats

  • Total investments: 6
  • Round size: Seed $1.5M–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ACTO — ACTO is an omnichannel education platform for life sciences companies. ACTO is an AI-powered SaaS platform built for life sciences that uses mobile experiences and agency partnerships to give learners all the tools they need in one intuitive cross-platform app, and give leaders powerful admin tools with engagement data in one command center.
  • Bridgit — Bridgit is a leading provider of construction resource management software, helping construction teams optimize workforce planning and project delivery.
  • Fable — Accessibility platform powered by people with disabilities and expert-level accessibility services and training. Learn more about Fable.
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Interaction Ventures
VC Fund · Montréal, Quebec, Canada · 1 investments in Canada InsurTech startups

Interaction Ventures provides Entrepreneur-led angel fund.

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Investment focus

  • Industry: SaaS, FinTech, Internet
  • Stage:Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 3
  • Round size: Seed $800k–$3.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Vectr — Vectr is a drawing tool that lets you create vector images – graphics that are scalable without the loss of resolution – easily and intuitively. Instead of using pixels, vector graphics use mathematical equations to draw out your creations. Vectr performs the math behind-the-scenes, so the only thing they need to focus on is what they'recreating. With its easy-to-use interface, anyone can use Vectr to become an illustrator or graphic designer we’ll show them how in no time.Vectr was founded in 2014 and is based in San Francisco, California, United States.
  • Breathe Life — Zinnia seeks to deliver exceptional insurance experiences by transforming the life and annuity insurance experience from end-to-end.
  • Thirdshelf — Customer loyalty program for your Lightspeed, Vend or Heartland Retail point of sale. Pay as you grow. No contract required. Start For Free
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Ames Seed Capital
VC Fund · Ames, Iowa, United States · 1 investments in Canada InsurTech startups

Ames Seed Capital is a pool of private investors.

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Investment focus

  • Industry: Software, Health Care, B2B
  • Stage:Seed, Series B, Series C
  • Geography: United States, Canada

Investor stats

  • Total investments: 6
  • Round size: Seed $100k–$1.2M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • automed — Discover Automed's innovative medication delivery solutions designed for precision livestock care. Our advanced, ergonomic systems ensure accurate dosing tailored by weight, improving health outcomes and boosting farm efficiency. Explore our products and join the forefront of smart farming technology.
  • VetMeasure — MeasureON! is the first non-invasive canine health and vitals monitoring device designed to help veterinarians monitor recovering patients.
  • Pitchly — Freakishly fast & perfectly consistent document solutions because we're different than everyone else. Click, if you want to learn more.
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Clocktower Technology Ventures
VC Fund · Santa Monica, California, United States · 1 investments in Canada InsurTech startups

Clocktower Technology Ventures is a Santa Monica-based venture capital business focused exclusively on financial technology.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, Brazil, Mexico

Investor stats

  • Total investments: 212
  • Round size: Seed $2.2M–$9M; Series A $7M–$26M; Series B $20M–$86M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2021

Portfolio highlights

  • Minimum — Take control of your organization's carbon accounting and management with granular, robust and auditable emissions data.
  • Bread Financial — Bread Financial offers personalized payment, lending, and savings solutions. They provide customers and partners with a wide range of digitally enabled options that are easy, empowered, and flexible financially. Their service includes credit card facility, loan options, and flexible payment options.
  • Matic Insurance — Matic is an independent insurance agency that works with multiple insurance carriers so that we can provide the best recommendation to you. This often results in the best policy and the best price.
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American Family Insurance
VC Fund · Madison, Wisconsin, United States · 1 investments in Canada InsurTech startups

Offering Business and Personal Insurance coverage options for your home, office, autos and life. Let us protect the dreams you've worked so hard to achieve.

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Investment focus

  • Industry: Software, InsurTech, Smart Home
  • Stage:Seed, Series A, Series D
  • Geography: United States, Canada

Investor stats

  • Total investments: 5
  • Round size: Seed $1.5M–$3M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Ring — Ring is an outdoor home security company that provides homeowners a line of preventative outdoor security doorbells and cameras. It is on a mission to reduce crime in neighborhoods and empower consumers by creating a Ring of Security around homes and communities with its suite of smart home security products: Ring Video Doorbell, Ring VideoDoorbell Pro, Ring Stick Up Cam, and the new Ring Floodlight Cam. With these security devices, Ring has created the neighborhood watch for the digital age and continues to prevent burglaries and keep homes around the world safe.The company was established in 2012 and is based in Santa Monica, California.
  • Networked Insights — Situs prediksi toto terpercaya yang aman dan mudah menang sangatlah penting untuk diketahui apabila ingin bermain. Oleh karena itu disini disediakan prediksi toto Hk, toto SGP, dan toto Sdy. Yang memiliki akurasi sebesar 95%.
  • Relay Platform — With Relay, brokers drastically increase their close and renewal rates by securing and comparing quotes and creating winning proposals faster. Relay is the single-entry multi-carrier comparative-rating solution that can handle all P&C lines, across all mediums including both instant (“API”) and email quoting, at any level of complexity. Relayfacilitated over $2.15 billion in bound coverage across insurance and reinsurance since launching in April 2020. With a rapidly growing client base in North America, Relay also counts among the few Lloyd’s accredited London market e-platforms, and just launched its Cyber+ I5 Automated Proposal portal. Visit www.relayplatform.com or email contact@relayplatform.com for a demo
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Loyal VC
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada InsurTech startups

Loyal runs a global venture fund with quarterly redemptions and a proprietary gate-stage process, reducing investment bias and unlocking greater returns. Partnered with INSEAD, Founder Institute, and 500+ advisors, we are Loyal to the world with 250+ investments in 50+ countries.

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Investment focus

  • Industry: Artificial Intelligence, Software, E-Commerce
  • Stage:Pre-Seed, Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 148
  • Round size: Seed $78k–$3.1M; Pre-Seed $20k–$1M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Peerby Classic — Borrow and rent goods from others nearby - affordable, convenient and green. Tools, bikes, party equipment, electronics and more. Try it now.
  • Zobi — Zobi’s not just Artificial Intelligence, it’s Home Intelligence. Our smart, brand-agnostic solutions take a holistic view of homes - people, devices, networks, habits. They build an anonymous profile for each home, then use that intel to spot unusual behaviour and stop cybercriminals.
  • Finverity — Finverity provides technology, working capital and expertise to give banks, NBFIs, financiers and companies a strategic advantage in supply chain finance
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Investment Group of Santa Barbara
VC Fund · Santa Barbara, California, United States · 1 investments in Canada InsurTech startups

Investment Group of Santa Barbara (IGSB) is a private investment company that manages both venture and public equity portfolios.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series B, Series A
  • Geography: United States, Canada

Investor stats

  • Total investments: 19
  • Round size: Seed $330k–$6M; Series A $2.2M–$8M; Series B $4M–$200M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Tegus — Tegus is a primary research platform for investors and corporations. Tegus offers a smart-searchable database of 1:1 expert call transcripts & an expert network.
  • Toro TMS — Toro TMS is a truck transportation company that provides a single software solution to help trucking companies move more loads.
  • OneStream Software — OneStream is the leading enterprise Finance management platform that unifies finance and operational data with AI, increasing the strategic impact of the CFO.
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Portage Ventures
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada InsurTech startups

Portage Ventures is a global fintech-focused venture capital investor. The firm makes early-stage investments in promising Canadian financial tech companies that have potential for global impact.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 157
  • Round size: Seed $2M–$16M; Series A $6.6M–$36M; Series B $7.7M–$80M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $451M in 2022

Portfolio highlights

  • Happl — Happl provides benefits that enable employees to choose what's right for them and tools for managers to support their teams, whilst taking care of the admin.
  • Cata — Launch your branded mobile app for ordering, CRM & loyalty. Increase order frequency & basket size. Learn how Cata can scale your business!
  • Croissant — Croissant gives guaranteed buybacks on new purchases, so you can buy more and better.
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SOSV
VC Fund · Princeton, New Jersey, United States · 1 investments in Canada InsurTech startups, 75 in the past 12 months

SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1482
  • Lead/follow: no public data

Portfolio highlights

  • MixRift — MIXRIFT - game developers specialized in Mixed Reality
  • unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
  • Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
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Export Development Canada
VC Fund · Ottawa, Ontario, Canada · 1 investments in Canada InsurTech startups, 18 in the past 12 months

Export Development Canada (EDC) is a Crown corporation dedicated to assisting Canadian businesses of all sizes in achieving global success. It provides them with the tools they need to grow their business with confidence, including trade knowledge, financial solutions, equity, insurance, and connections.

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Investment focus

  • Industry: Software, Manufacturing, Renewable Energy
  • Stage:Series B, Series A
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 208
  • Round size: Series A $3.5M–$22M; Series B $5M–$50M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • SK ecoplant — SK ekoplant is a top-tiered global city developer and infrastructure builder. SK ekoplant is one of the leading subsidiaries of SK group.SK ekoplant is one of the world’s best companies in the engineering industry, undertaking plants on EPCC basis (Engineering, Procurement, Construction and Commissioning) in the fields of Refineries,Petrochemicals, Fertilizer, Industrial Plants and Environmental Plants, Plants to wireless mobile communication equipment worldwide. As a major player in high-tech engineering market of the 21st century, SK ekoplant is committed to becoming the top-tier company by acquiring the drive for the future growth through the expansion of overseas markets and the launching of new products and by successful establishing the developed enterprise structure through improvement of internal system and process as well as performance assessment system.SK ekoplant is currently carrying out huge projects in U.S, Saudi Arabia, China, Thailand, Vietnam, India, Ecuador, Qatar, Algeria, Venezuela and CIS. This outstanding achievement is the culmination of SK ekoplant's extensive project experience, superior technology, and talents.
  • Photonic — We are building a new world through scalable, fault-tolerant quantum technologies.
  • Troilus Gold — Troilus Gold is a Canadian based development stage resource company focused on the potential restart and mineral expansion of the former producing Troilus gold and copper mine, located within the Frotêt-Evans Greenstone Belt in Quebec.
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Graphite Ventures
VC Fund · 1 investments in Canada InsurTech startups

Graphite Ventures is an investment firm.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 16
  • Lead/follow: no public data

Portfolio highlights

  • ACTO — ACTO is an omnichannel education platform for life sciences companies. ACTO is an AI-powered SaaS platform built for life sciences that uses mobile experiences and agency partnerships to give learners all the tools they need in one intuitive cross-platform app, and give leaders powerful admin tools with engagement data in one command center.
  • Loop — Bank on Loop to save time, save money and grow globally. Join thousands of entrepreneurs and businesses across Canada to spend, send and grow without fees.
  • Unicone Art — Unicone Art is your go-to source for clear casting epoxy resin material for art projects. It is perfect for creating crystal clear pieces with a great finish.
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Silicon Valley Bank
VC Fund · Santa Clara, California, United States · 1 investments in Canada InsurTech startups, 25 in the past 12 months

Silicon Valley Bank is the financial partner of the innovation economy; helping individuals and investors in the innovation ecosystem achieve extraordinary outcomes.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Debt Financing, Series B, Series A
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 425
  • Lead/follow: no public data

Portfolio highlights

  • Stord — Stord offers fulfillment, warehousing, and transportation for DTC and B2B, plus the integrated software you need to provide your end consumers with the best pre-purchase and post-delivery consumer experience. No matter your product, Stord is ready to power your commerce.
  • dub — The first Copy-Trading platform for stocks. Copy anyone's investments. For free. Regulated Broker-Dealer member FINRA and SIPC & FDIC insured.
  • Invivyd — Adagio is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of antibody-based solutions for infectious diseases with pandemic potential. The company’s portfolio of antibodies has been optimized using Adimab’s industry-leading antibody engineering capabilities and is designed to provide patientsand clinicians with a powerful combination of potency, breadth, durable protection (via half-life extension), manufacturability and affordability. Adagio’s portfolio of SARS-CoV-2 antibodies includes multiple, non-competing broadly neutralizing antibodies with distinct binding epitopes, led by ADG20. Adagio has secured manufacturing capacity for the production of ADG20 with thirdparty contract manufacturers through the completion of clinical trials and, if approved by regulatory authorities, through initial commercial launch.
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Axis Insurance Managers Inc
VC Fund · Vancouver, British Columbia, Canada · 1 investments in Canada InsurTech startups

Axis Insurance stands at the forefront of the insurance industry, drawing on decades of expertise and a forward-thinking approach.

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Investment focus

  • Industry: Mobile, InsurTech, Insurance
  • Stage:Series A
  • Geography: Canada

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Goose Insurance Services — Mobile First B2C Insurance Platform
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BDC Venture Capital
VC Fund · Calgary, Alberta, Canada · 1 investments in Canada InsurTech startups, 19 in the past 12 months

BDC Venture Capital is a major venture capital investor in Canada, active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and that are positioned to become dominant players in their markets. The company helps create and develop strongCanadian businesses through financing, consulting services and securitization, with a focus on small and medium-sized enterprises.BDC Venture Capital has been involved in venture capital since 1975 and has to date invested in more than 400 companies involved in the areas of Life Sciences, Telecommunications, Information Technology and Advanced Technologies.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Seed
  • Geography: Canada, United States, Japan

Investor stats

  • Total investments: 359
  • Lead/follow: no public data

Portfolio highlights

  • Cinareo — Cinareo is leading solution for capacity planning that complements your WFM platform to provide you with insights on your contact center operations.
  • Healthkind — Enabling healthcare teams to deliver personalized care at scale.
  • Planetary Technologies — info@planetarytech.com
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Vectr
VC Fund · Sheung Wan, Hong Kong Island, Hong Kong · 1 investments in Canada InsurTech startups

Vectr is a venture firm based in Hong Kong. They combine investment, creation and growth to deliver game-changing impact to teams ready to tackle global issues, transform industries and improve the lives of millions.That combines capital, creation and partnership to deliver game-changing impact. We strive to be the ideal partner for founders thatare building transformation products and looking to expand their businesses into asia.

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Investment focus

  • Industry: FinTech, Financial Services, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: United States, Hong Kong, Singapore

Investor stats

  • Total investments: 74
  • Round size: Seed $547k–$5.3M; Series A $1M–$37M; Series B $12M–$70M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Percent — Unlock private credit investments with Percent. Access alternative investments on the platform powering the future of private markets.
  • Micro Connect — Micro Connect provides market infrastructure, fintech, and platform development.
  • MasterExchange — Trading platform for music rights leveraging emerging technology to create friction free and compliant investment opportunities to everyone.
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Leaders Fund
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada InsurTech startups

Leaders Fund is a B2B software focused venture capital firm built by operators for operators. We partner with entrepreneurs to help them break through key inflection points on the path to $100M+ in ARR. Based in Toronto and Atlanta.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 42
  • Round size: Seed $1.6M–$10M; Series A $11M–$50M; Series B $8.2M–$100M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2016

Portfolio highlights

  • Qwak — Build, deploy, maintain, and monitor ML models and features in a single platform.
  • CallRail — CallRail is a phone call tracking and analytics platform businesses use to understand which marketing campaigns drive leads and conversions. Its intuitive software helps data-driven marketers optimize the performance of their online and offline advertising campaigns, increase sales effectiveness, and improve customer retention.
  • Matia — Matia helps to improve data management by combining uniform ingestion, reverse ETL, observability, and cataloging. It is designed for frictionless collaboration, enabling organizations and the data teams that support them to make faster, smarter decisions with less tool bloat.
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InsurTech VC funding in Canada at a glance

Stats across 52 deals from 82 investors.

82
investors
in Canada InsurTech startups
52
deals
in Canada InsurTech startups
$1.6M
median round
in Canada InsurTech startups
33%
lead investors
lead at least one round
37%
Seed
most common funding stage

Access all 82 VC funds in Canada InsurTech startups.

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