# RFI

> RFI is a VC fund backing Software and Artificial Intelligence. See 23 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Total investments: 23
- Last investment: Sep 2017
- Lead investor: 13%
- Last updated: Aug 2026
- Website: http://fastbreak.co

RFI is a VC fund focused on Software and Artificial Intelligence. Pre Seed Stage fund (formerly Ryerson Futures)

## Contacts

5 contacts available for RFI. Shizune tracks 3 team members at RFI. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ryerson-futures-startup-accelerator?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $150k–$5.4M |
| Convertible Note | $500k–$1M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 8 | 35% |
| Artificial Intelligence | 5 | 22% |
| SaaS | 4 | 17% |
| Analytics | 4 | 17% |
| FinTech | 3 | 13% |

59 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 12 | 52% |
| Convertible Note | 5 | 22% |
| Pre-Seed | 4 | 17% |
| Grant | 1 | 4% |
| Series A | 1 | 4% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 21 | 91% |
| Austria | 1 | 4% |
| United States | 1 | 4% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Matthew Saunders | Co-Founder and Partner | 4 | https://shizune.co/investors/profile/matthew-saunders |
| Alan Lysne | Founder | 0 | https://shizune.co/investors/profile/alan-lysne |
| Jam Michael McDonald | Marketing and Communications Manager | 0 | https://shizune.co/investors/profile/jam-michael-mcdonald |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Mosaic Manufacturing | Mosaic Manufacturing provides three-dimensional printing technology solutions. It was founded in June 2014 and is based in Ontario, Canada. | $10.5M | Grant | Apr 05, 2021 |  |
| Flipd | Flipd is the Digital Wellness Company that's engineering healthy screen habits, helping people lead happier, more productive, and tech-balanced lives. With over 1M users and 1+ billion minutes of time well spent, Flipd is changing behavior by nudging people to live in the moment and engage in more wellness activities. Whether it's tofocus, meditate, or or get better sleep, Flipd empowers people around the world to become happier, healthier, and more productive. Flipd also partners with leading wellness content creators to feature the best audio tracks for the unique needs of individuals.Since launching in 2016, Flipd has been featured in the NYT, WSJ, WP, NPR, INC, WIRED, and hundreds of other publications globally, and is a fast-growing force in the $600B wellness market. |  | Pre-Seed | Sep 20, 2017 |  |
| Litmus Automation | Litmus is an IIoT company that enables data collection, analytics, and management with an Intelligent Edge Computing Platform for Industrial IoT. It provides the solution to transform critical edge data into actionable intelligence that can power maintenance, machine learning, and artificial intelligence. The company's vision is to enableorganizations who envision the implementation of Internet of Things (IoT) to seamlessly connect their devices to applications that can generate business value from that data.Litmus Automation was founded in 2013 and is headquartered in San Jose, California. | $1.5M | Seed | Nov 01, 2016 |  |
| Repable | Repable is an analytics company that is focused on the gaming industry.Repable provides broadcasters, teams, and enterprises with analytics and insights about the gaming and streaming industries to understand the financial and social impact of their interactions with their fans and public.Repable was founded by Sean Power and Heather AnneCarson in September 2015. And it is based in Toronto, Ontario. | $1M | Convertible Note | Sep 26, 2016 |  |
| Swift Medical | Swift Medical is a digital wound care technology to improve the prevention, treatment, and management of wounds. From Capture to Claim: The world's most advanced and comprehensive wound care management software for the healthcare enterprise. Precise, consistent measurement, instant documentation and wound progression images with a smartphone. |  | Convertible Note | May 02, 2016 |  |
| Shoelace | Shoelace offers a software solution that enables online merchants to easily conduct retargeting campaigns. The company helps fast growing Shopify brands boost sales by showing the right customers, the right ads at the right time with customer journey retargeting. Shoelace was founded on 2015 and is headquartered in Toronto, Ontario. | $500K | Convertible Note | Mar 22, 2016 |  |
| ClientDesk | ClientDesk is digitizing the interaction between insurance brokers/insurers and their policy holders. |  | Seed | Mar 01, 2016 |  |
| Domio | Designing and building innovating audio products for action and extreme sports. | $400K | Seed | Feb 22, 2016 |  |
| Switchboard | Switchboard is a telecommunication app that helps remote team collaborate more effectively. |  | Seed | Jan 01, 2016 |  |
| Hubbli | Parent involvement is the holy grail in the k12 education sector. Everyone agrees that more involvement equals greater success for students but facilitation requires that everyone can communicate with each other.Currently schools are using a patchwork of disparate tools to communicate with parents, staff and students resulting in haphazardstructures that are hard to manage resulting in an arduous and often blocked flow of communication.Hubbli saves time, effort and costs from the multitude of communications happening between parents and schools by offering school specific communication features on top of a simple, user-friendly, groups-based social network.Each school gets its very own private community, allowing parents, teachers and administrators to collaborate and communicate effectively and efficiently. |  | Pre-Seed | Jan 01, 2016 |  |

10 of 23 investments shown.

## Co-investors
- [DMZ](https://shizune.co/investors/profile/digital-media-zone) — VC Fund, 7 deals together
- [MaRS Investment Accelerator Fund](https://shizune.co/investors/profile/mars-investment-accelerator-fund) — VC Fund, 2 deals together
- [Ontario Centres of Excellence](https://shizune.co/investors/profile/ontario-centres-of-excellence) — VC Fund, 2 deals together
- [Accelerator Fund](https://shizune.co/investors/profile/accelerator-fund) — VC Fund, 1 deal together
- [austria Wirtschaftsservice (aws)](https://shizune.co/investors/profile/austria-wirtschaftsservice) — 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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## FAQ

### What does RFI invest in?

RFI invests primarily in Software, Artificial Intelligence and SaaS startups, most often at Seed and Convertible Note stage. Most of the 23 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is RFI's check size?

RFI typically joins rounds of $150k–$5.4M at Seed and $500k–$1M at Convertible Note. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds RFI participates in.

### How do I contact RFI?

Public channels for RFI include 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 RFI?

The team at RFI includes Matthew Saunders (Co-Founder and Partner), Alan Lysne (Founder) and Jam Michael McDonald (Marketing and Communications Manager). 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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