# Jack Fraser

> Jack Fraser is a Series B investor at Business Development Bank of Canada backing FinTech. See 14 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Business Development Bank of Canada](https://shizune.co/investors/profile/business-development-bank-of-canada)
- Location: Toronto, Canada
- Total investments: 14
- Last investment: Jun 2026
- Lead investor: 14%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/in/fraserjack
- X (Twitter): https://twitter.com/jackfraser141
- Website: https://x.com/jackfraser141
- Facebook: https://www.facebook.com/jackbackerak

Jack Fraser is a Series B investor at Business Development Bank of Canada in Toronto focused on FinTech and Software. Jack Fraser is based out of Toronto, Ontario, and was the Chairman and Member of the Board of Directors of Hill Street Beverage. Jack previously worked at PAPER as a Board Observer. Jack Fraser attended the Northwestern University - Kellogg School of Management. Jack Fraser has been certified in the Innovation Governance Program.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 5 | 36% |
| Software | 4 | 29% |
| Financial Services | 4 | 29% |
| Finance | 3 | 21% |
| E-Commerce | 3 | 21% |

43 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 4 | 29% |
| Series C | 3 | 21% |
| Venture - Series Unknown | 3 | 21% |
| Series A | 1 | 7% |
| Series D | 1 | 7% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 11 | 79% |
| United States | 1 | 7% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| KOHO Financial | KOHO Financial provides an application based banking platform intended to simplify financial products available to everyone. Its platform helps users to complete their day to day banking operations while offering tools such as goals, cash flow projections, group spending, spending insights, and categorizations, enabling users to manage theirexpenses and banking operations on the go. | $93.2M | Series E | Jun 10, 2026 |  |
| Cybrid | Cybrid uses APIs that enable banks, and financial institutions to seamlessly launch a cryptocurrency and De-fi products. | $10M | Series A | Oct 22, 2025 |  |
| KOHO Financial | KOHO Financial provides an application based banking platform intended to simplify financial products available to everyone. Its platform helps users to complete their day to day banking operations while offering tools such as goals, cash flow projections, group spending, spending insights, and categorizations, enabling users to manage theirexpenses and banking operations on the go. | $29.6M | Venture - Series Unknown | Oct 01, 2024 |  |
| BenchSci | BenchSci uses AI to empower scientists to run more successful experiments to accelerate drug discovery.The company empowers scientists with advanced biomedical artificial intelligence to run more successful experiments. Backed by F-Prime, Gradient Ventures (Google’s AI fund), and Inovia Capital, BenchSci's proprietary technology acceleratesscience pharmaceutical companies and over 4,300 research centers worldwide. | $69.6M | Series D | May 25, 2023 |  |
| GoBolt | Bolt facilitates the pickup, storage, and return of customer belongings on schedule. Second Closet enables customers to schedule and book storage spaces and have their storage boxes, item pickup, and return transport as per their requirements.Second Closet's service is secure, convenient, and affordable. It is headquartered in Toronto,Ontario in Canada. | $54.9M | Series C | Dec 07, 2022 |  |
| Dozr | Dozr is bringing e-commerce to the equipment rental industry, and making construction efficient through technology.We are on a mission to power the digitization of North America's $60B+ equipment rental industry. The rental industry has been underserved by technology, and we are building the foundational infrastructure to help its transitionto e-commerce. Through DOZR.com, we have built the world's largest online marketplace to connect rental companies to contractors. And recently, we launched WebStores in beta, which is the "Shopify for B2B rentals", enabling any rental company to have their individualized e-commerce storefront. | $21.6M | Series B | Feb 08, 2022 |  |
| Article | Article delivers beautifully designed modern furniture, with outstanding attention to detail, at fair prices. |  | Venture - Series Unknown | Jan 01, 2022 |  |
| PathFactory | PathFactory delivers the on-demand experience for B2B by enabling buyers with the most relevant information at every step of their unique journey and allowing them to binge-consume content, removing friction and making the buying process more efficient. By tracking exactly what each buyer is consuming along the path to purchase, PathFactorydelivers hyper-relevant, real-time content recommendations and dramatically expedites the buying process. |  | Private Equity | Nov 05, 2021 |  |
| #Paid | #Paid is a tech company that operates a creative marketing platform that combines brand and creator collaboration. The platform allows brands to collaborate with relevant artists, travelers, storytellers, and photographers from all over the world for product placement on social media platforms. | $14.9M | Series B | Aug 26, 2021 |  |
| KOHO Financial | KOHO Financial provides an application based banking platform intended to simplify financial products available to everyone. Its platform helps users to complete their day to day banking operations while offering tools such as goals, cash flow projections, group spending, spending insights, and categorizations, enabling users to manage theirexpenses and banking operations on the go. | $39.9M | Series C | Mar 11, 2021 |  |

10 of 14 investments shown.

## Co-investors
- [Business Development Bank of Canada](https://shizune.co/investors/profile/bdc-capital) — VC Fund, 3 deals together
- [Drive Capital](https://shizune.co/investors/profile/drive-capital) — VC Fund, 3 deals together
- [Inovia Capital](https://shizune.co/investors/profile/inovia-capital) — VC Fund, 3 deals together
- [Portage Ventures](https://shizune.co/investors/profile/portag3-ventures) — VC Fund, 3 deals together
- [Golden Ventures](https://shizune.co/investors/profile/golden-venture-partners) — VC Fund, 2 deals together
- [ScaleUP Ventures](https://shizune.co/investors/profile/scaleup-ventures) — VC Fund, 2 deals together

## About Business Development Bank of Canada

VC Fund · Montréal, Canada

BDC offers financing, consulting services, subordinate financing and venture capital. They focus on small and medium-sized enterprises (SMEs). BDC's services are available across Canada in both official languages through a network of more than 100 offices. Its head office is in Montreal.

5 contacts available at Business Development Bank of Canada.

| Name | Title | Profile |
| --- | --- | --- |
| Chantal Belzile | Management | https://shizune.co/investors/profile/chantal-belzile |
| Jack Fraser | Partner - Late Stage Growth Fund | https://shizune.co/investors/profile/jack-fraser |
| Louise Paradis | Management | https://shizune.co/investors/profile/louise-paradis |
| Mary Karamanos | Management | https://shizune.co/investors/profile/mary-karamanos |
| Mary Karamanos | Management | https://shizune.co/investors/profile/mary-karamanos-21f1 |

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### Similar stage
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- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## FAQ

### What does Jack Fraser invest in?

Jack Fraser invests primarily in FinTech, Software and Financial Services startups, most often at Series B and Series C stage. Most of the 14 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Jack Fraser last invest?

The most recent investment recorded for Jack Fraser closed in Jun 2026. Shizune tracks 14 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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