# Formentera Capital

> Formentera Capital is a VC fund in Montréal backing Health Care and Software. See 9 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Montréal, Canada
- Total investments: 9
- Last investment: Jan 2026
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/formentera-capital/
- Website: https://formentera.vc/

Formentera Capital is a venture capital firm investing in early-stage tech-enabled companies across the globe.

## Contacts

5 contacts available for Formentera Capital. Shizune tracks 3 team members at Formentera Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/formentera-capital?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 3 | 33% |
| Software | 2 | 22% |
| Artificial Intelligence | 2 | 22% |
| Apps | 1 | 11% |
| Medical | 1 | 11% |

19 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 4 | 44% |
| Series A | 2 | 22% |
| Pre-Seed | 1 | 11% |
| Convertible Note | 1 | 11% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Cherif Habib | Co-Founder | 5 | https://shizune.co/investors/profile/cherif-habib |
| Sanjay Bakshani | Co-Founder & Managing Partner | 0 | https://shizune.co/investors/profile/sanjay-bakshani-fcf5 |
| Vicken Kanadjian | Managing Partner | 0 | https://shizune.co/investors/profile/vicken-kanadjian |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Billdr | Billdr is an AI-native construction management platform for general contractors across North America, covering estimating, scheduling, job costing, invoicing, and client communication.Billdr brings your whole business under one roof, with an AI team built in: Bob, your AI project copilot, monitors every job in real time and flags risks beforethey become problems. Bruno, your AI estimator, builds accurate quotes in minutes from your price book. Send $100K+ quotes in 30 minutes or less. Billie, your AI receptionist (coming soon), will qualify leads, book calls, and follow up with prospects 24/7.Trusted by contractors managing $2B+ in projects across the US and Canada. | $3.2M | Seed | Jan 26, 2026 |  |
| Clinia | Clinia makes it easy for health organizations to implement and deploy personalized health-grade navigation within their own digital platforms. Our modular AI-powered infrastructure understands every individual’s unique situation, enabling better classification and discovery of approved and trusted health resources. Powering millions of journeysevery year, Clinia’s products are built to scale with the largest digital health companies. Organizations of all sizes work with us to transform the way people and care teams find and access care.Today, Clinia is proudly headquartered in Montréal, Canada with team members sprawled across North America, South America, and Europe. | $7.5M | Series A | Jan 11, 2024 |  |
| Pathway Medical | Pathway is a health tech company working on helping clinicians and patients access important medical information more effectively throughout the care journey. We leverage AI and big data to create a medical knowledge graph and software solutions that drive evidence-based medicine into clinical practice. | $5M | Seed | Nov 10, 2023 |  |
| Moozoom | Moozoom is a social-emotional learning platform for elementary school students. | $3.9M | Seed | Aug 18, 2022 |  |
| Moozoom | Moozoom is a social-emotional learning platform for elementary school students. | $583.4K | Convertible Note | May 01, 2022 |  |
| Clinia | Clinia makes it easy for health organizations to implement and deploy personalized health-grade navigation within their own digital platforms. Our modular AI-powered infrastructure understands every individual’s unique situation, enabling better classification and discovery of approved and trusted health resources. Powering millions of journeysevery year, Clinia’s products are built to scale with the largest digital health companies. Organizations of all sizes work with us to transform the way people and care teams find and access care.Today, Clinia is proudly headquartered in Montréal, Canada with team members sprawled across North America, South America, and Europe. | $3.4M | Seed | Mar 09, 2022 |  |
| Fellow - AI Meeting Assistant | Fellow is a meeting productivity and management tool helping both managers and their teams have more productive and collaborative meetings. Fellow does this by connecting your calendar with your meeting notes - attendees can add to the agenda, reference past notes, record next steps, and more. Fellow's features include a dedicated place forone-on-one notes, feedback, objectives, and action items. So whether in person or remote, Fellow can help your team build great meeting habits, create a single source of truth for meeting notes, and improve the quality of 1-on-1 meetings. The company was founded in 2017 and is headquartered in Ottawa, Ontario, Canada. | $24M | Series A | Oct 27, 2021 |  |
| Pathway Medical | Pathway is a health tech company working on helping clinicians and patients access important medical information more effectively throughout the care journey. We leverage AI and big data to create a medical knowledge graph and software solutions that drive evidence-based medicine into clinical practice. | $1.3M | Seed | Oct 14, 2021 |  |
| Ditch Labs | Ditch Labs is a digital health company pioneering substance addiction treatment by combining AI-driven behavioural therapy with revolutionary drug delivery devices. Using a novel digital therapeutic approach, Ditch is aiming to solve the world’s leading cause of preventable death, starting with nicotine addiction. | $1.3M | Pre-Seed | May 01, 2021 |  |

9 of 9 investments shown.

## Co-investors
- [Amplify Capital](https://shizune.co/investors/profile/mars-catalyst-fund) — VC Fund, 4 deals together
- [Anges Quebec](https://shizune.co/investors/profile/anges-quebec) — VC Fund, 3 deals together
- [Craft Ventures](https://shizune.co/investors/profile/craft-ventures) — VC Fund, 3 deals together
- [AQC Capital](https://shizune.co/investors/profile/anges-qu%C3%A9bec-capital) — VC Fund, 2 deals together
- [BoxOne Ventures](https://shizune.co/investors/profile/boxone-ventures) — VC Fund, 2 deals together
- [Fondaction](https://shizune.co/investors/profile/fondaction) — VC Fund, 2 deals together

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## FAQ

### What does Formentera Capital invest in?

Formentera Capital invests primarily in Health Care, Software and Artificial Intelligence startups, most often at Seed and Series A stage. Most of the 9 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 Formentera Capital?

Public channels for Formentera Capital include LinkedIn 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 Formentera Capital?

The team at Formentera Capital includes Cherif Habib (Co-Founder), Sanjay Bakshani (Co-Founder & Managing Partner) and Vicken Kanadjian (Managing Partner). 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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