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Top 10 Mobile Advertising VC Funds & Investors in Canada (August 2026)

The most active venture capital funds 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 $1.4M–$35M
NFQ Ventures
VC Fund
2 Canada, Germany Seed iOS, Hotel, Gaming $1.1M–$7M
Fonds Innovexport
VC Fund
1 Canada Seed, Series A Software, Artificial Intelligence, Machine Learning $936k–$5.8M
NJP Ventures
VC Fund
1 United States, Canada Seed, Series A Internet, Software, Machine Learning $1.9M–$33M
Maple Leaf Angels
VC Fund
1 Canada, United States Seed, Pre-Seed, Angel Software, SaaS, Health Care $90k–$2.1M
Clairvest Group
VC Fund
1 United States, Canada, India Private Equity, Seed Waste Management, Software, Recycling $18M–$75M
La Capitale
VC Fund
1 Canada Seed Sensor, Privacy, Internet
Ascension
VC Fund
1 United Kingdom, United States, Italy Seed, Pre-Seed Software, FinTech, Internet $229k–$5.1M
Pinetree Capital
VC Fund
1 Canada Series A iOS, Gaming, Mobile
Anges Quebec
VC Fund
1 Canada, Spain, United States Seed, Angel Software, Health Care, Artificial Intelligence $366k–$3.4M
Access all 19 VC funds in Canada Mobile Advertising startups.

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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: 170
  • Round size: Seed $1.4M–$7.5M; Series A $4.4M–$14M; Series B $5.5M–$35M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Mave — Mave is the trusted AI partner for real estate, streamlining marketing, market data, and content creation.
  • 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.
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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
  • 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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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
  • Geography: Canada

Investor stats

  • Total investments: 21
  • Round size: Seed $936k–$3.1M; Series A $1.7M–$5.8M
  • 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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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, SaaS, Health Care
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Canada, United States

Investor stats

  • Total investments: 40
  • Round size: Seed $500k–$2.1M; Pre-Seed $90k–$1M
  • Lead/follow: 13% lead, 87% 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: May invest from a new fund soon — raised $850M in 2019

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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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...

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, Internet
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, United States, Italy

Investor stats

  • Total investments: 240
  • Round size: Seed $229k–$5.1M; Pre-Seed $379k–$2.5M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $22M in 2024

Portfolio highlights

  • Qureight — Pioneering data curation to solve complex diseases
  • Merx — Grow contactability, data quality and customer lifetime value with AI agents on WhatsApp.
  • GEEIQ — GEEIQ is the intelligence platform brands use to plan, activate and measure marketing in virtual worlds like Roblox, Fortnite and ZEPETO.
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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.
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Anges Quebec
VC Fund · Quebec, Quebec, Canada · 1 investments in Canada Mobile Advertising startups

Value-added investors for innovative entrepreneurs.

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Investment focus

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

Investor stats

  • Total investments: 166
  • Round size: Seed $860k–$3.4M; Angel $366k–$1.3M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • SELL IT9 — Get top cash for your tech with SELLIT9, Canada's trusted trade-in service. Free same-day pickups, convenient drop-off locations, and pre-paid shipping labels nationwide. Fast, secure, and hassle-free!
  • 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.
  • Solving.AI — Solving.AI is an AI training platform that helps in solving business software adoption issues.
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Mobile Advertising VC funding in Canada at a glance

Stats across 17 deals from 19 investors.

19
investors
in Canada Mobile Advertising startups
17
deals
in Canada Mobile Advertising startups
$1.5M
median round
in Canada Mobile Advertising startups
37%
lead investors
lead at least one round
47%
Seed
most common funding stage

Access all 19 VC funds in Canada Mobile Advertising startups.

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