# Innovation Grade Capital

> Innovation Grade Capital is a VC fund in Toronto backing Software and Machine Learning. See 6 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Toronto, Canada
- Total investments: 6
- Last investment: Sep 2024
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/innovation-grade-ventures/
- Website: http://www.innovationgrade.com

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

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.5M–$2M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 50% |
| Machine Learning | 2 | 33% |
| News | 1 | 17% |
| SaaS | 1 | 17% |
| Mobile | 1 | 17% |

22 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 50% |
| Series A | 1 | 17% |
| Funding Round | 1 | 17% |
| Venture - Series Unknown | 1 | 17% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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. | $7.4M | Venture - Series Unknown | Sep 12, 2024 |  |
| Fable | Fable is a leading accessibility platform powered by people with disabilities.The best digital teams work with Fable to make products more accessible for over 1 billion people who live with disabilities. | $1.5M | Seed | Jul 27, 2020 |  |
| Bridgit | Bridgit is workforce intelligence for the construction industry. Bridgit’s mission is simple — to help the construction industry maximize profits by taking a people-first approach. Workforce Intelligence from Bridgit transforms workforce data into actionable insights that inform an organization's strategic and tactical business decisions.Bridgit works with construction industry leaders like Skanska, Balfour Beatty, Ryan Companies, among others. Bridgit is a privately held company, having raised over $35 million USD in equity financing, with capital from investors such as Autodesk, BDC Capital’s Women in Technology Venture Fund, Camber Creek, Export Development Canada, IAF, Nine Four Ventures, Salesforce Ventures, Sands Capital, StandUp Ventures, Storm Ventures, and Vanedge Capital. | $4.5M | Series A | Mar 17, 2019 |  |
| ProNavigator | ProNavigator provides an AI-driven knowledge-sharing platform, used by some of the largest insurance organizations, to save time, provide superior service, and seize revenue opportunities. The platform leverages advancements in artificial intelligence and natural language understanding to instantly and automatically retrieve answers tocustomers' and employees' questions. | $1.6M | Seed | Nov 15, 2018 |  |
| Nicoya Lifesciences | Nicoya is a provider of advanced analytical instruments for the biotechnology and pharmaceutical industries. | $2M | Seed | Jan 29, 2018 |  |
| The Mark News | The Mark is Canada's daily online forum for news, commentary, and debate.The Mark is founded on the idea that thousands of credible Canadians have important things to say but cannot reach a national audience. Many want to publish their ideas but have no forum in which to do so. Two million Canadians live abroad and have a deepunderstanding of the countries and organizations within which they live and work, and yet no publication collects and shares their insights. For these great Canadians, here and abroad, The Mark will be their platform. |  |  | Feb 08, 2010 |  |

6 of 6 investments shown.

## Co-investors
- [MaRS Investment Accelerator Fund](https://shizune.co/investors/profile/mars-investment-accelerator-fund) — VC Fund, 3 deals together
- [Business Development Bank of Canada](https://shizune.co/investors/profile/business-development-bank-of-canada) — VC Fund, 2 deals together
- [Angel One Network](https://shizune.co/investors/profile/angel-one-network) — VC Fund, 1 deal together
- [BDC](https://shizune.co/investors/profile/bdc-2) — VC Fund, 1 deal together
- [Business Development Bank of Canada](https://shizune.co/investors/profile/bdc-capital) — VC Fund, 1 deal together
- [BDC Venture Capital](https://shizune.co/investors/profile/bdc-venture-capital) — VC Fund, 1 deal together

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## Featured in investor lists
- [InsurTech VC Funds in Canada](https://shizune.co/investors/insurtech-vc-funds-canada)

## FAQ

### What does Innovation Grade Capital invest in?

Innovation Grade Capital invests primarily in Software, Machine Learning and News startups, most often at Seed and Series A stage. Most of the 6 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Innovation Grade Capital's check size?

Innovation Grade Capital typically joins rounds of $1.5M–$2M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Innovation Grade Capital participates in.

### When did Innovation Grade Capital last invest?

The most recent investment recorded for Innovation Grade Capital closed in Sep 2024. Shizune tracks 6 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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