# L-SPARK

> L-SPARK is a VC fund in Ottawa backing Software and Artificial Intelligence. See 62 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Ottawa, Canada
- Total investments: 62
- Last investment: Oct 2023
- Lead investor: 79%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/l-spark
- X (Twitter): http://twitter.com/LSPARKGlobal
- Website: http://www.l-spark.com
- Facebook: https://www.facebook.com/lsparkglobal

L-SPARK is a VC fund in Ottawa focused on Software and Artificial Intelligence. The L-SPARK Accelerator is the destination for market ready SaaS and cloud companies to connect with Canada’s SaaS experts. The L-SPARK acceleration model positions companies to propel their revenues to $100k MRR and beyond. Leveraging established relationships with key venture capital firms, angel investors, and the investment community at large,L-SPARK’s goal is to scale Canada’s best in SaaS to 10 x revenue growth and Series A funding.L-SPARK is also driving innovation with its two corporate accelerators. With BlackBerry QNX, L-SPARK works with autonomous vehicle companies to focus on connected car technologies and with TELUS, BlackBerry and Solace, L-SPARK works on secure IoT solutions. Through these initiatives, L-SPARK pairs multi-national organizations with startups to create fruitful collaborations.To date, L-SPARK has accelerated 51 companies with over 50% of those companies raising follow-on funding, which now totals over $45M. The companies are headquartered across Canada and exist in verticals such as SaaS, AV, IoT, cybersecurity and more.

## Contacts

5 contacts available for L-SPARK. Shizune tracks 4 team members at L-SPARK. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/l-spark?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 27 | 44% |
| Artificial Intelligence | 16 | 26% |
| Information Technology | 12 | 19% |
| Health Care | 11 | 18% |
| Machine Learning | 8 | 13% |

116 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Non-equity Assistance | 37 | 60% |
| Funding Round | 18 | 29% |
| Pre-Seed | 4 | 6% |
| Seed | 2 | 3% |
| Grant | 1 | 2% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 57 | 92% |
| United States | 2 | 3% |
| Spain | 1 | 2% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Patrick White | Director | 5 | https://shizune.co/investors/profile/patrick-white-2 |
| Leo Lax | Managing Director | 22 | https://shizune.co/investors/profile/leo-lax |
| Marco Janeczek | Director | 0 | https://shizune.co/investors/profile/marco-janeczek |
| Stef Reid | Community Manager | 2 | https://shizune.co/investors/profile/stef-reid |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Spatial DNA Informatics Inc. | An Integration Platform-as-a-Service, Spatial DNA uses our pre-built integrations to connect CMMS / EAM systems to your ERP, CRM, and telemetry systems to automate the distribution and integration of work and asset management data across the enterprise. |  | Non-equity Assistance | Oct 12, 2023 |  |
| ConstructionClock | The construction industry's first time-tracking app that auto clocks you in. |  |  | Oct 04, 2023 |  |
| ServiceDeck | ServiceDeck provides software that manages scheduling, quoting, invoicing, team communication, and job tracking for service providers. |  | Non-equity Assistance | Oct 04, 2023 |  |
| Mutuo Health Solutions | AutoScribe is an AI-powered personal assistant to clinicians in their electronic medical records. Our product learns from clinician edits of AutoScribe's initial outputs, which makes it more accurate and personalized to our customers documentation style over time. Our team of clinical and computer science experts are focused on establishing acollaborative, trusting relationship with our physician-customers, as the data they continually generate train our AI models to become the most high-performing. |  | Non-equity Assistance | Oct 04, 2023 |  |
| FLUIDEFI | FLUIDEFI technology simplifies the complicated digital asset management landscape that exists today and sets a new norm for integration and usability. |  | Non-equity Assistance | Oct 04, 2023 |  |
| Zendelity | Zendelity is an information technology company that offers physical and operational compliance for digital and financial risk. |  | Non-equity Assistance | Jun 21, 2023 |  |
| Soralink | AI sensor solution for predictive maintenance. |  | Non-equity Assistance | Jun 21, 2023 |  |
| B-Line | Designed for multi-facility and high-security operations, B-Line is an all-in-one facility management platform that leverages AI and IoT technologies to unify property management, physical security, building automation, and safety into a single pane of glass. By seamlessly integrating with existing building systems, connects digital identity andaccess management (IDAM), building control systems (HVAC, lighting, sensors), and safety mechanisms (fire, evacuation, and mustering systems), works orders, and tenant experience while optimizing your assets to your occupants' unique needs and enables your organization to perform at its highest level. |  | Non-equity Assistance | Jun 01, 2023 |  |
| Oxia Initiative | Oxia Initiative provides private equity, business start-ups, benchmarking, carbon footprints, consulting, and impact investing services. |  | Non-equity Assistance | Oct 05, 2022 |  |
| Proxi.id | Turning students and faculty into lifelong customers by instantly verifying the academic status of millions of college and university students and faculty worldwide. Proxi.id is a privacy-first company that has built a better academic verification service using cutting edge authentication technologies that stop fraud, reduce friction, boost salesand conversion rates, and increases compliance. |  | Non-equity Assistance | Oct 05, 2022 |  |

10 of 62 investments shown.

## Co-investors
- [Blackberry](https://shizune.co/investors/profile/blackberry) — VC Fund, 22 deals together
- [Queen's University](https://shizune.co/investors/profile/queens-university) — VC Fund, 5 deals together
- [Solace Capital Partners](https://shizune.co/investors/profile/solace-capital-partners) — VC Fund, 5 deals together
- [TELUS](https://shizune.co/investors/profile/telus) — VC Fund, 5 deals together
- [Canadian Internet Registration Authority](https://shizune.co/investors/profile/canadian-internet-registration-authority) — VC Fund, 4 deals together
- [National Research Council of Canada Industrial Research Assistance Program](https://shizune.co/investors/profile/national-research-council-of-canada-industrial-research-assistance-program) — VC Fund, 3 deals together

## Similar investors

### Similar stage
- [SVG Ventures](https://shizune.co/investors/profile/svg-ventures) — VC Fund
- [EIT Food](https://shizune.co/investors/profile/eit-food) — VC Fund
- [Creative UK](https://shizune.co/investors/profile/creative-uk) — VC Fund

## FAQ

### What does L-SPARK invest in?

L-SPARK invests primarily in Software, Artificial Intelligence and Information Technology startups, most often at Non-equity Assistance and Funding Round stage. Most of the 62 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 L-SPARK?

Public channels for L-SPARK 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 L-SPARK?

The team at L-SPARK includes Patrick White (Director), Leo Lax (Managing Director) and Marco Janeczek (Director). 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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