# N49P

> N49P is a VC fund in Toronto backing Software, Artificial Intelligence and Financial Services. See 96 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Toronto, Canada
- Total investments: 96
- Last investment: May 2026
- Lead investor: 11%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/n49p-ventures/?originalSubdomain=ca
- X (Twitter): https://twitter.com/n49pvc?lang=en
- Website: https://www.n49p.com

N49P is a venture capital firm focused on ideas to seed-stage Canadian technology startups.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$7.5M |
| Pre-Seed | $593k–$3.6M |
| Series A | $3.3M–$20M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 27 | 28% |
| Artificial Intelligence | 13 | 14% |
| Financial Services | 10 | 10% |
| SaaS | 9 | 9% |
| Machine Learning | 9 | 9% |

119 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 58 | 60% |
| Pre-Seed | 18 | 19% |
| Series A | 9 | 9% |
| Funding Round | 6 | 6% |
| Venture - Series Unknown | 1 | 1% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 60 | 63% |
| United States | 15 | 16% |
| Jamaica | 1 | 1% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Dessn | Dessn is an AI app that enables designers & product managers to contribute to product building without coding. | $6M | Venture - Series Unknown | May 12, 2026 |  |
| Wygo | Wygo is a small, privately held platform that enables individuals to create, scale, and participate in local in‑person community events. It provides organizers with tools to list, ticket, and manage recurring or one‑time gatherings, while helping attendees discover and join activities centered on face‑to‑face interaction rather than online content. | $1.6M | Pre-Seed | Apr 08, 2026 |  |
| Remitian | AI-powered Tax Payment API | $7M | Seed | Mar 10, 2026 |  |
| Mave | Mave is an AI startup that empowers real estate agents and brokerages to provide exceptional client service through innovative technology solutions. By leveraging advanced AI tools, Mave enhances the efficiency and effectiveness of real estate professionals, enabling them to better understand client needs, streamline processes, and deliverpersonalized experiences. | $5M | Seed | Jan 20, 2026 |  |
| Backboard.io | Backboard.io provides developers a single stateful interface to more than 400 LLMs and SLMs for app development. |  | Pre-Seed | Jan 07, 2026 |  |
| Slate | Slate provides embedded lending services that allow platforms to offer business customers access to capital. The platform manages underwriting, compliance, and operations, so the lending process is integrated without heavy engineering work. Businesses can use Slate’s API or white-label components to include one-click loan applications on theirplatforms. Slate handles automated customer communications throughout the loan lifecycle, including payment confirmations and reminders. The service ensures compliance with federal and provincial lending regulations, anti-money laundering rules, and data protection laws. Slate supports lending across major Canadian markets and manages regulatory requirements for all transactions. Platforms can launch embedded lending quickly, giving customers access to funds while Slate handles risk, licensing, and legal obligations. | $932.5K | Pre-Seed | Oct 01, 2025 |  |
| TeachAid | Teachaid is an AI educational platform that offers complete curriculum and pedagogy AI solutions. | $874.9K | Pre-Seed | Jun 03, 2025 |  |
| The Intelligent Search Company | The Intelligent Search Company mission to give decision-makers and AI agents. | $2.1M | Pre-Seed | Jan 01, 2025 |  |
| Mave | Mave is an AI startup that empowers real estate agents and brokerages to provide exceptional client service through innovative technology solutions. By leveraging advanced AI tools, Mave enhances the efficiency and effectiveness of real estate professionals, enabling them to better understand client needs, streamline processes, and deliverpersonalized experiences. | $1.4M | Pre-Seed | Oct 24, 2024 |  |
| CoRecruit (formerly Quil) | Still, manually updating your ATS? Automate note-taking for video, phone, and in-person meetings with our AI recruiting tools, and never worry about updating your ATS again manually. | $2M | Seed | May 22, 2024 |  |

10 of 96 investments shown.

## Co-investors
- [Garage Capital](https://shizune.co/investors/profile/garage-capital) — VC Fund, 12 deals together
- [Panache Ventures](https://shizune.co/investors/profile/panache-ventures) — VC Fund, 12 deals together
- [Inovia Capital](https://shizune.co/investors/profile/inovia-capital) — VC Fund, 10 deals together
- [StandUp Ventures](https://shizune.co/investors/profile/standup-ventures-i) — VC Fund, 7 deals together
- [Golden Ventures](https://shizune.co/investors/profile/golden-venture-partners) — VC Fund, 6 deals together
- [Forum Ventures](https://shizune.co/investors/profile/forumventures) — VC Fund, 5 deals together

## Similar investors

### Similar industry
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### Similar stage
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### Similar country
- [BDC Venture Capital](https://shizune.co/investors/profile/bdc-venture-capital) — VC Fund
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## FAQ

### What does N49P invest in?

N49P invests primarily in Software, Artificial Intelligence and Financial Services startups, most often at Seed and Pre-Seed stage. Most of the 96 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is N49P's check size?

N49P typically joins rounds of $1M–$7.5M at Seed, $593k–$3.6M at Pre-Seed and $3.3M–$20M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds N49P participates in.

### When did N49P last invest?

The most recent investment recorded for N49P closed in May 2026. Shizune tracks 96 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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