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Top 15 Mobile Advertising Startup Investors in Canada (October 2026)

The most active venture capital funds and angel investors investing in Canada Mobile Advertising startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Canada Mobile Advertising startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Relay Ventures
VC Fund
3 United States, Canada, Germany Seed, Series A, Series B Software, Mobile, Artificial Intelligence $1.2M–$40M
NFQ Ventures
VC Fund
2 Canada, Germany Seed, Angel iOS, Hotel, Gaming $1.1M–$7M
Innovacorp
VC Fund
1 Canada, United States, Australia Seed, Grant, Pre-Seed Software, Health Care, Information Technology $19k–$3.1M
Real Ventures
VC Fund
1 Canada, United States, Australia Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $592k–$47M
La Capitale
VC Fund
1 Canada Seed Sensor, Privacy, Internet
Anges Quebec
VC Fund
1 Canada, United States, Spain Seed, Venture - Series Unknown, Angel Software, Health Care, Artificial Intelligence $376k–$8.5M
Guillaume Bouchard
Angel
1 Canada, United States Pre-Seed Artificial Intelligence, Sensor, Sports $156k–$2.9M
Maple Leaf Angels
VC Fund
1 Canada, United States Seed, Pre-Seed, Angel Software, Health Care, SaaS $90k–$2.1M
Clairvest Group
VC Fund
1 United States, Canada, India Private Equity, Seed Waste Management, Software, Recycling $18M–$75M
Pinetree Capital
VC Fund
1 Canada Series A iOS, Gaming, Mobile
Elia Mazzawi
Angel
1 Canada Seed, Pre-Seed, Series A Advertising, Advertising Platforms, Marketing
Fonds Innovexport
VC Fund
1 Canada Seed, Series A, Venture - Series Unknown Software, Artificial Intelligence, Machine Learning $936k–$11M
NJP Ventures
VC Fund
1 United States, Canada Seed, Series A Internet, Software, Machine Learning $1.9M–$33M
Ascension
VC Fund
1 United Kingdom, United States, Italy Seed, Pre-Seed, Venture - Series Unknown Software, FinTech, Artificial Intelligence $236k–$10M
Plaza Ventures
VC Fund
1 Canada, United States, Israel Series A, Series B Software, E-Commerce, SaaS $712k–$30M
Access all 29 investors in Canada Mobile Advertising startups.

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

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Investor list

Relay Ventures
VC Fund · Toronto, Ontario, Canada · 3 investments in Canada Mobile Advertising startups

We view founders as partners. We bring capital, networks, and experience, and our founders bring expertise, teams, and dreams.

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Investment focus

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

Investor stats

  • Total investments: 196
  • Round size: Seed $1.2M–$7M; Series A $4.7M–$14M; Series B $5.5M–$40M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $7.5M in 2022

Portfolio highlights

  • PressBox — PressBox was founded by ex-Bleacher Report engineers who saw where AI could help media organizations scale the discovery, creation, and measurement of personalized content across a variety of platforms. Gen-Z is leading a shift in fandom, following sports through athletes, influencers, and cultural moments in contrast to the team and city-basedaffinity of previous generations. Sports organizations are looking to personalization to meet this rapidly growing portion of the fan base, but lack the end-to-end solution to deliver revenue-producing results. Our platform enables leagues to reach more fans by automating the creation and distribution of highly-personalized, sponsorable, multi-modal content that speaks to fans regardless of their connection to a sport.
  • ALT Sports Data — Real Time Alternative Sports Betting Data.
  • Leonardo Worldwide —
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NFQ Ventures
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Mobile Advertising startups

Never Fu@#ing Quit: An Entrepreneur's Playbook

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Investment focus

  • Industry: iOS, Hotel, Gaming
  • Stage:Seed, Angel
  • Geography: Canada, Germany

Investor stats

  • Total investments: 3
  • Round size: Seed $1.1M–$7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • DreamCheaper — DreamCheaper, a service that searches for cheaper hotel rates and rebooks a room on behalf of guests. The platform works by encouraging previously booked guests to email their reservation to the site. It then scours rates on more than 100 other booking sites and wholesalers – if it finds a cheaper rate it will rebook the guest, taking a 20% feefrom the saving made.
  • Fuse Powered Inc. — Fuse Powered provides the industry’s only player-centric platform to enable mobile game publishers to optimize every player experience. From targeted IAP offers, rewarded video and relevant ads, Fuse helps publishers maximize game revenue, from a single SDK.With more than 700 million installs, Fuse has partnered with some of the world’s leadingmobile game publishers to monetize players on iOS and Android. Fuse is a venture backed, privately held company with offices in San Francisco and Toronto.Fuse Powered was acquired by www.Upsight.com January 2016.
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Innovacorp
VC Fund · Halifax, Nova Scotia, Canada · 1 investments in Canada Mobile Advertising startups

Innovacorp is an early-stage venture capital firm that helps knowledge-based startups commercialize their technologies in the global marketplace. It invests in early stage Nova Scotia entrepreneurs, combining venture capital with business mentoring and incubation facilities. Innovacorp was established in 1995 and based in Halifax, Canada.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Canada, United States, Australia

Investor stats

  • Total investments: 182
  • Round size: Seed $50k–$3.1M; Grant $25k–$94k; Pre-Seed $19k–$1.8M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2016

Portfolio highlights

  • Bright Breaks — Bright Breaks offers a workplace wellness solution to boost employee wellness, connection, and productivity with 7-minute live micro-breaks. Bright Breaks' wellness platform is designed to provide users with maximum benefits while requiring the least amount of effort. It only takes a few minutes per day to reduce stress and improve well-being.
  • Planetary — Planetary restores the chemistry of seawater so it can do what it has always done: support life and protect the planet.
  • Planetary — Planetary restores the chemistry of seawater so it can do what it has always done: support life and protect the planet.
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Real Ventures
VC Fund · Montréal, Quebec, Canada · 1 investments in Canada Mobile Advertising 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, Australia

Investor stats

  • Total investments: 302
  • Round size: Seed $592k–$5M; Series A $3.7M–$24M; Series B $2.9M–$47M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — raised $140M in 2017

Portfolio highlights

  • Axya — Optimize manufacturing procurement with Axya. Enhance visibility, streamline collaboration, and automate tasks. Say goodbye to spreadsheet chaos and email overload.
  • DropGenie — DropGenie is building connected hardware to automate gene editing. They are accelerating the pace of discovery through the generation of standardized and compatible scientific information.
  • Nord Quantique — Nord Quantique creates quantum processors based on second-generation technology.
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La Capitale
VC Fund · Quebec, Quebec, Canada · 1 investments in Canada Mobile Advertising startups

La Capitale is a Canadian business that provides insurance products and financial services to more than 900 institutions and 600,000 members of staff in Quebec, Canada. The company is headquartered in Quebec City and is mainly active in Quebec.

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Investment focus

  • Industry: Sensor, Privacy, Internet
  • Stage:Seed
  • Geography: Canada

Investor stats

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

Portfolio highlights

  • CONTXTFUL Technologies — Contxtful is a patent pending AI-driven technology leverages sensors from mobile smart devices such as phones, tablets & smart watches to identify user intent and context. It's designed with privacy in mind to be compliant with GDPR so we don't need to request permission from users. No need for GPS, camera or microphone. CONTXTFULprovide attention, viewability and predictive marketing analysis, performance improvement and business intelligence on the environment context of any digital audience. Our technologies generates different strategic activities like audience engagement, segmentation, online marketing security and real-time marketing data insights and can be used in many industry, including Adtech, Martech, Insurance/Banking, Fintech, Video Streaming and Game Engines providers to gather better context aware intel about their audience and customers.Our solution is respect privacy, it’s real-time and always-on.
Show all investments...

Anges Quebec
VC Fund · Quebec, Quebec, Canada · 1 investments in Canada Mobile Advertising startups, 8 in the past 12 months

Value-added investors for innovative entrepreneurs.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Venture - Series Unknown, Angel
  • Geography: Canada, United States, Spain

Investor stats

  • Total investments: 184
  • Round size: Seed $803k–$3.3M; Angel $376k–$1.3M; Venture - Series Unknown $915k–$8.5M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Scopia Surgical — Revolutionizing the operating room with our real-time artificial intelligence image processing technology. Scopia Surgical is a co-pilot for the human body, guiding surgeons with unprecedented accuracy and confidence.
  • Galaxia — GALAXIA Mission Systems designs and develops intelligent satellites and edge computation platforms for space.
  • Elisa Interactive — Elisa Interactive operates an asset-light, prompt-to-environment software model designed to lower technical entry barriers in user-generated gaming ecosystems. Its core application platform, Me-Z-Scene, utilizes artificial intelligence to automatically arrange existing asset kits into complex 3D worlds based on natural language inputs. Thecompany's value proposition centers on empowering casual gamers and amateur builders to deploy custom virtual spaces without requiring coding or digital design expertise.
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Guillaume Bouchard
Angel · Montréal, Quebec, Canada · 1 investments in Canada Mobile Advertising startups

I consider myself a highly passionate entrepreneur. I enjoy building and managing teams in fast-growth environments.I spent the first few years of my career within a franchise model called College Pro Painters and then launched a University school project (nvi) which was sold 8 years later to Dentsu Aegis Network (rebranded iProspect Canada) andstayed there for 5 years, almost tripling the baseline revenue and increasing 6 fold its bottom line.In 2018 I joined CONTXTFUL, a a Montreal-based technology start-up focused on developing products that provide insights on mobile users, improving how advertisers and insurers interact with their customers. We recently closed a 2M$CAD seed and are in the mist of commercializing our initial products.I love daunting projects and I also strongly believe in a world with better interactions between brands and consumers - but in a ethical and non-intrusive way. I enjoy thinking outside-of-the-box and always believed challenges only make you smarter (and sometimes stronger too!).One of my favorite mantra is the Stockdale paradox, which I try to live by every day:#1 You must retain faith that you will prevail in the end, regardless of the difficulties...AND at the same time#2 You must confront the most brutal facts of your current reality, whatever they might be.

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Investment focus

  • Industry: Artificial Intelligence, Sensor, Sports
  • Stage:Pre-Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $156k–$2.9M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • WILD.AI — Train with your female physiology - not against it! Track your menstrual cycle to sync workouts, nutrition, and recovery with your body's unique needs.
  • CONTXTFUL Technologies — Contxtful is a patent pending AI-driven technology leverages sensors from mobile smart devices such as phones, tablets & smart watches to identify user intent and context. It's designed with privacy in mind to be compliant with GDPR so we don't need to request permission from users. No need for GPS, camera or microphone. CONTXTFULprovide attention, viewability and predictive marketing analysis, performance improvement and business intelligence on the environment context of any digital audience. Our technologies generates different strategic activities like audience engagement, segmentation, online marketing security and real-time marketing data insights and can be used in many industry, including Adtech, Martech, Insurance/Banking, Fintech, Video Streaming and Game Engines providers to gather better context aware intel about their audience and customers.Our solution is respect privacy, it’s real-time and always-on.
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Maple Leaf Angels
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Mobile Advertising startups

Maple Leaf Angels are an experienced group of private investors looking for great entrepreneurs, great products and great companies. Bringing together investment, experience and knowledge, we help accelerate companies to become market leaders in their industry.We focus on four main investment areas as follows:- Information Technology- CleanTechnology- Advanced Manufacturing and Materials- Special Opportunities

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Investment focus

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

Investor stats

  • Total investments: 41
  • Round size: Seed $500k–$2.1M; Pre-Seed $90k–$1M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Grüvi — Gruvi makes non-alcoholic craft beer and wine on the planet. They strive to create an inclusive community focused on making better choices within their daily lives. They provide various types of non-alcoholic craft beer such as alcohol-free dry red blend, dry secco, and bubbly rose.
  • Wyvern — Discover hyperspectral imaging and Earth observation data from Wyvern. Access research-grade satellite imagery that reveals the hidden reality of our planet.
  • EmergConnect — Home page - Localized information, services, and support for Canadian visitors.
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Clairvest Group
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Mobile Advertising startups

Clairvest is a top performing private equity management firm building strategically significant businesses with entrepreneur partners.

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Investment focus

  • Industry: Waste Management, Software, Recycling
  • Stage:Private Equity, Seed
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 36
  • Round size: Private Equity $18M–$75M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: Likely still investing — raised $1.2B in 2023

Portfolio highlights

  • Beneficial Reuse — We specialize in diverting industrial by-products and waste streams away from landfills to help businesses like yours focus on beneficial, sustainable reuse.
  • Redstone Food Group — Redstone is a commercial bakery that specializes in bread and pastry products for in-store customers.
  • Narasimhan Consulting Services — Narasimhan Consulting Services is a water and wastewater engineering consulting company. Their services include drinking water services, water quality research, modeling services, regulatory compliance assistance, reclaimed water, construction management, administration, source water assessments, resident engineering, construction observation, andproject closeout.
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Pinetree Capital
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Mobile Advertising startups

Pinetree Capital was incorporated under the laws of the Province of Ontario and its shares are publicly traded on the Toronto Stock Exchange (the 'TSX') under the symbol 'PNP'. Pinetree is a value-oriented investment and merchant banking firm focused on the technology sector.

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Investment focus

  • Industry: iOS, Gaming, Mobile
  • Stage:Series A
  • Geography: Canada

Investor stats

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

Portfolio highlights

  • Fuse Powered Inc. — Fuse Powered provides the industry’s only player-centric platform to enable mobile game publishers to optimize every player experience. From targeted IAP offers, rewarded video and relevant ads, Fuse helps publishers maximize game revenue, from a single SDK.With more than 700 million installs, Fuse has partnered with some of the world’s leadingmobile game publishers to monetize players on iOS and Android. Fuse is a venture backed, privately held company with offices in San Francisco and Toronto.Fuse Powered was acquired by www.Upsight.com January 2016.
Show all investments...

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

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Elia Mazzawi
Angel · Toronto, Ontario, Canada · 1 investments in Canada Mobile Advertising startups

Enterpreneur, Engineer and Angel Investor,

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Investment focus

  • Industry: Advertising, Advertising Platforms, Marketing
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Chango — Chango is a programmatic advertising company, purpose-built for the marketer. The company uses exclusive intent data and technology to create relevant, timely advertising campaigns, and produce rich customer insights. The company’s unique live-profile technology makes intent data available faster than anyone else to help clients efficiently buildbrand awareness, acquire new customers and retarget site visitors. Chango works with more than 60 of Fortune 500 marketers and companies such as eBay, Sears, Clorox, Sprint and Toyota. To find out more, visit: http://www.rubiconproject.com.Chango was recently acquired by Rubicon Project, a global technology company leading the automation of advertising. The acquisition allows Rubicon Project to expand its premium advertising marketplace to include intent marketing capabilities at scale. http://rubiconproject.com/
  • Addictive Mobility — Addictive Mobility is dedicated to empowering brands to reach their mobile audience.
  • Modern City Real Estate —
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Fonds Innovexport
VC Fund · Quebec, Quebec, Canada · 1 investments in Canada Mobile Advertising startups

Fonds Innovexport is an Investing Service that provides in targeting international markets to forge the Quebec of tomorrow.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Canada

Investor stats

  • Total investments: 21
  • Round size: Seed $936k–$3.3M; Series A $1.7M–$5.9M; Venture - Series Unknown $3M–$11M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Botpress — Botpress is a modern developer stack to build enterprise and open-source chatbots. Learn about our conversational AI platform built for developers.
  • AlayaCare — AlayaCare is a revolutionary cloud-based home care software platform for agencies looking for innovation and efficiencies across the entire agency.
  • CONTXTFUL Technologies — Contxtful is a patent pending AI-driven technology leverages sensors from mobile smart devices such as phones, tablets & smart watches to identify user intent and context. It's designed with privacy in mind to be compliant with GDPR so we don't need to request permission from users. No need for GPS, camera or microphone. CONTXTFULprovide attention, viewability and predictive marketing analysis, performance improvement and business intelligence on the environment context of any digital audience. Our technologies generates different strategic activities like audience engagement, segmentation, online marketing security and real-time marketing data insights and can be used in many industry, including Adtech, Martech, Insurance/Banking, Fintech, Video Streaming and Game Engines providers to gather better context aware intel about their audience and customers.Our solution is respect privacy, it’s real-time and always-on.
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NJP Ventures
VC Fund · San Francisco, California, United States · 1 investments in Canada Mobile Advertising startups

NJP Ventures is an LP network of industry veterans with years of collective experience building and scaling technology companies.

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Investment focus

  • Industry: Internet, Software, Machine Learning
  • Stage:Seed, Series A
  • Geography: United States, Canada

Investor stats

  • Total investments: 10
  • Round size: Seed $5M–$12M; Series A $1.9M–$33M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Avtal — Automate payment collection with AI-powered communication, self-service portals, and compliance tools. Recover outstanding balances faster with Avtal.
  • CONTXTFUL Technologies — Contxtful is a patent pending AI-driven technology leverages sensors from mobile smart devices such as phones, tablets & smart watches to identify user intent and context. It's designed with privacy in mind to be compliant with GDPR so we don't need to request permission from users. No need for GPS, camera or microphone. CONTXTFULprovide attention, viewability and predictive marketing analysis, performance improvement and business intelligence on the environment context of any digital audience. Our technologies generates different strategic activities like audience engagement, segmentation, online marketing security and real-time marketing data insights and can be used in many industry, including Adtech, Martech, Insurance/Banking, Fintech, Video Streaming and Game Engines providers to gather better context aware intel about their audience and customers.Our solution is respect privacy, it’s real-time and always-on.
  • Creative 3D Technologies Inc. — Say Goodbye to Multiple Machines: Creative 3D Technologies' EVO Handles All Your Printing Needs
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Ascension
VC Fund · London, England, United Kingdom · 1 investments in Canada Mobile Advertising startups

Pre-seed and seed investors backing 300+ ambitious founders from day one.

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Investment focus

  • Industry: Software, FinTech, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United Kingdom, United States, Italy

Investor stats

  • Total investments: 325
  • Round size: Seed $236k–$4.1M; Pre-Seed $261k–$2.5M; Venture - Series Unknown $790k–$10M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $21M in 2024

Portfolio highlights

  • Sprive — Sprive is the free app that helps take years off your mortgage and save you thousands of pounds in interest.
  • Merx — Grow contactability, data quality and customer lifetime value with AI agents on WhatsApp.
  • Honest Mobile — It's time for mobile done right. Explore SIM-only plans that include bills that go down, support in seconds and a shrinking carbon footprint as standard. One of the UK's top-rated mobile networks.
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Plaza Ventures
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Mobile Advertising startups

Plaza Ventures’ micro-fund model was designed to efficiently pool capital from the firms high-net-worth investor community into annual investment vehicles targeting a basket of Series A and Series B investments. These micro-funds have built a proven track record, backing successful entrepreneurs through multiple funding rounds.Half of each PVFund is allocated to new companies with proven business models ($3M+ annual revenues) that are resistant to macro-economics and need capital to meet current demand. The remaining capital is re-invested into 4-5 successful businesses from prior funds.Plaza Ventures identifies as sector agnostic but has an affinity for, as well as expertise in enterprise SaaS, location-based services, IoT, Smart City, digital media, and marketplaces.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Series A, Series B
  • Geography: Canada, United States, Israel

Investor stats

  • Total investments: 31
  • Round size: Series A $712k–$21M; Series B $5M–$30M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: Likely still investing — raised $500k in 2022

Portfolio highlights

  • Super.com — Through rich rewards and everyday savings, Super helps you access more of what you want at better prices, escape overspending, and level up life.
  • Neo Financial — At Neo, we're innovating to make saving, spending and getting rewarded even more rewarding.
  • SenseNet Inc. — Wildfire Detection in Minutes. Advanced Integration of Ground Sensors, Cameras, and Satellite Technologies.
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Mobile Advertising Investor funding in Canada at a glance

Stats across 23 deals from 29 investors.

29
investors
in Canada Mobile Advertising startups
23
deals
in Canada Mobile Advertising startups
$1M
median round
in Canada Mobile Advertising startups
31%
lead investors
lead at least one round
48%
Seed
most common funding stage
83/17
VC / Angel
share of investor count

Access all 29 investors in Canada Mobile Advertising startups.

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