# Canso Investment Counsel

> Canso Investment Counsel is a VC fund in Richmond Hill backing B2B and SaaS. See 5 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Richmond Hill, Canada
- Total investments: 5
- Last investment: Apr 2025
- Lead investor: 60%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/canso-investment-counsel-ltd-
- X (Twitter): https://twitter.com/cansoinvestment
- Website: http://www.cansofunds.com/

Canso Investment Counsel is a VC fund in Richmond Hill focused on B2B and SaaS. Canso Investment Counsel Ltd. was founded in 1997. Their business is the fundamental valuation of financial securities and the management of investment portfolios.Canso is a private company that is owned by its investment professionals.Their offices are in Richmond Hill, Ontario, Canada. They are registered as a Portfolio Manager with allten Canadian provinces.They are a member of the Portfolio Management Association of Canada.Canso Investment Counsel Ltd. claims compliance with the CFA Institute Asset Manager Code of Professional Conduct. This claim has not been verified by CFA Institute.They comply with the Code of Ethics and Standards of Professional Conduct and Standards of Practice of the CFA Institute.They comply with National Instrument 24-101 Trade Matching and Settlement.

## Contacts

5 contacts available for Canso Investment Counsel. Shizune tracks 8 team members at Canso Investment Counsel. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/canso-investment-counsel?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| B2B | 1 | 20% |
| SaaS | 1 | 20% |
| Energy | 1 | 20% |
| Retail | 1 | 20% |
| Content | 1 | 20% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Post-IPO Debt | 2 | 40% |
| Seed | 1 | 20% |
| Series A | 1 | 20% |
| Funding Round | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 4 | 80% |
| United States | 1 | 20% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Brenda Burns | Vice President | 0 | https://shizune.co/investors/profile/brenda-burns |
| Elizabeth Sit | Vice President | 0 | https://shizune.co/investors/profile/elizabeth-sit |
| Gail Mudie | Vice President, Portfolio Manager | 0 | https://shizune.co/investors/profile/gail-mudie |
| Heather Mason-Wood | Vice President | 0 | https://shizune.co/investors/profile/heather-mason-wood |
| John P. Carswell | President | 0 | https://shizune.co/investors/profile/john-p-carswell |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Brio | Brio Platform is a comprehensive LP (limited partner) management system designed specifically for alternative asset managers, including those managing private equity, venture capital, real estate, and multi-strategy funds. The platform provides a robust back-office solution and a modern investor portal, covering the entire LP managementlifecycle-from deal marketing and onboarding to compliance, capital calls, distributions, and reporting.Key Features | $2.2M | Seed | Apr 28, 2025 | https://www.brioplatform.com |
| Flint Energy Services | Flint Energy Services, Inc. provides integrated midstream production services to the energy and resource industries. | $5.2M | Post-IPO Debt | Jun 27, 2024 | https://www.flintcorp.com/ |
| Horizon Aircraft | Horizon Aircraft develops a hybrid-electric vertical takeoff and landing (eVTOL) aircraft platform intended to operate like a conventional fixed-wing aircraft for the majority of its mission. The company’s flagship model, the Cavorite X7, uses a patented fan-in-wing design and hybrid power system to enable vertical lift, wing-borne cruise, andonboard recharging of its battery array. Horizon Aircraft positions the aircraft for versatile applications, such as medical evacuation, cargo delivery to remote communities, disaster response, and defense insertions, emphasizing range, speed, and payload as key operational parameters. The firm also supports its design with a certification pathway and modular architecture, aimed at accommodating both pilot-based and remotely piloted missions. | $4.9M | Post-IPO Debt | Dec 05, 2023 | https://www.horizonaircraft.com |
| Wattpad | Wattpad is a digital entertainment company providing an online social storytelling platform for original stories.The company utilizes the power of community and technology to enable the creation and distribution of content across a variety of formats. Its flagship app, Wattpad, is home to a community of more than 65 million people who spend over20 billion minutes a month engaged in original stories. Tap by Wattpad, the company’s second storytelling product, offers short, chat-based stories in over a dozen languages. Wattpad Studios co-produces stories for film, television, digital, and print, together with industry partners. Wattpad Brand Solutions offers a full suite of advertising products to help brands build deep engagement with Millennial and Gen Z consumers.It was established by Allen Lau and Ivan Yuen in Toronto, Ontario, Canada in 2006. | $51M |  | Jan 17, 2018 | https://www.wattpad.com |
| Hubba | Hubba is a software company that uses a combination of machine learning and personal curation to match brands with buyers. It also serves as a commerce network designed to empower independent companies to connect on business opportunities to grow their business.Hubba allows buyers to discover new products to meet their customer demands. Throughthis, brands get increased distribution for their products. Currently, Hubba powers over 75,000 small-medium businesses.It was founded in January 2011 and is based in Toronto, ON. | $11M | Series A | Oct 08, 2015 | http://www.hubba.com |

5 of 5 investments shown.

## Co-investors
- [BDC Venture Capital](https://shizune.co/investors/profile/bdc-venture-capital) — VC Fund, 1 deal together
- [Bearing Capital](https://shizune.co/investors/profile/bearing-capital) — VC Fund, 1 deal together
- [Brightspark Ventures](https://shizune.co/investors/profile/brightspark-ventures) — VC Fund, 1 deal together
- [Golden Ventures](https://shizune.co/investors/profile/golden-venture-partners) — VC Fund, 1 deal together
- [Hedgewood](https://shizune.co/investors/profile/hedgewood) — VC Fund, 1 deal together
- [Kensington Capital Partners Limited](https://shizune.co/investors/profile/kensington-capital) — VC Fund, 1 deal together

## Similar investors

### Similar industry
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### Similar stage
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### Similar country
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## Featured in investor lists
- [B2B VC Funds in Canada](https://shizune.co/investors/b2b-vc-funds-canada)
- [B2B Investors in Canada](https://shizune.co/investors/b2b-investors-canada)

## FAQ

### What does Canso Investment Counsel invest in?

Canso Investment Counsel invests primarily in B2B, SaaS and Energy startups, most often at Post-IPO Debt and Seed stage. Most of the 5 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Canso Investment Counsel?

Public channels for Canso Investment Counsel include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Canso Investment Counsel?

The team at Canso Investment Counsel includes Brenda Burns (Vice President), Elizabeth Sit (Vice President) and Gail Mudie (Vice President, Portfolio Manager), among 8 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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