# Michael McDerment

> Michael McDerment is a seed investor at Briza (Toronto) backing CRM and SaaS. See 2 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: Angel Investor
- Fund: Briza
- Location: Toronto, Canada
- Total investments: 2
- Last investment: Feb 2020
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/mike-mcderment-68895a1
- X (Twitter): https://twitter.com/MikeMcDerment
- Website: https://x.com/MikeMcDerment

Michael McDerment is a seed investor at Briza in Toronto focused on CRM and SaaS. Mike McDerment is the co-founder and CEO of FreshBooks, planet earth’s #1 cloud accounting solution designed for small business owners. In 2003, Mike built FreshBooks for his design firm, scratched his own itch, then moved into his parent’s basement for 3.5 years to get FreshBooks off the ground. Since then over 5,000,000 people have usedFreshBooks to save time billing and collect billions of dollars. Mike and his team dedicate themselves to executing extraordinary experiences everyday for small business owners who want to focus on the work they love, instead of on their paperwork.

## Contacts

5 contacts available for Michael McDerment: work email, personal email, work phone, personal phone and socials. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-email/michael-mcderment?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$2.3M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| CRM | 1 | 50% |
| SaaS | 1 | 50% |
| Software | 1 | 50% |
| Analytics | 1 | 50% |
| InsurTech | 1 | 50% |

8 industries tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 1 | 50% |
| United States | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Briza | Briza.io is the commercial insurance-as-a-service API. Briza is creating the infrastructure that underwriting systems will use to talk to insurance agencies, consumer apps, and anybody who wants to instantly sell insurance with just a few lines of code. | $2.3M | Seed | Feb 19, 2020 |  |
| InsightSquared | InsightSquared offers the industry's most complete and flexible Revenue Intelligence Platform, featuring six integrated solutions in one. We empower revenue professionals to make better decisions by equipping them with actionable, real-time intelligence that drives predictable growth. B2B organizations worldwide rely on InsightSquared to buildstronger, healthier pipelines, improve conversion rates, target rep coaching, boost forecast accuracy and significantly increase competitive win rates. For more information, visit www.insightsquared.com. | $1M | Seed | Feb 03, 2011 |  |

2 of 2 investments shown.

## Co-investors
- [Atlas Venture](https://shizune.co/investors/profile/atlas-venture) — VC Fund, 1 deal together
- [Four Cities Capital](https://shizune.co/investors/profile/fourcities-capital) — VC Fund, 1 deal together
- [GrandBanks Capital](https://shizune.co/investors/profile/grandbanks-capital) — VC Fund, 1 deal together
- [Leaders Fund](https://shizune.co/investors/profile/leadersfund) — VC Fund, 1 deal together

## About Briza

VC Fund · Toronto, Canada

Briza.io is the commercial insurance-as-a-service API. Briza is creating the infrastructure that underwriting systems will use to talk to insurance agencies, consumer apps, and anybody who wants to instantly sell insurance with just a few lines of code.

5 contacts available at Briza.

| Name | Title | Profile |
| --- | --- | --- |
| Ben Munro | CEO & Co-Founder | — |
| Dominic Bortolussi | Chief Operating Officer | https://shizune.co/investors/profile/dominic-bortolussi |
| Kevin Bracken | Head of Growth | — |
| Michael McDerment | Board Chair & Co-Founder | https://shizune.co/investors/profile/michael-mcderment |
| Rishi Sharma | CTO | — |

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## Featured in investor lists
- [InsurTech Angel Investors in Canada](https://shizune.co/investors/insurtech-angel-investors-canada)

## FAQ

### What does Michael McDerment invest in?

Michael McDerment invests primarily in CRM, SaaS and Software startups, most often at Seed stage. Most of the 2 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Michael McDerment's check size?

Michael McDerment typically joins rounds of $1M–$2.3M 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 Michael McDerment participates in.

### How do I contact Michael McDerment?

Public channels for Michael McDerment 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.

### When did Michael McDerment last invest?

The most recent investment recorded for Michael McDerment closed in Feb 2020. Shizune tracks 2 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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