# XDL Capital Group

> XDL Capital Group is a VC fund in Toronto backing Software and SaaS. See 12 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Toronto, Canada
- Total investments: 12
- Last investment: Jun 2024
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/xdl-capital-group/about/
- Website: http://xdl.com/CAPITAL_GROUP/index.html

XDL Capital Group is a VC fund in Toronto focused on Software and SaaS. XDL is a Ontario-based private equity investor that invests in technology companies. Since 1996 we have supported entrepreneurs building technology related companies in new and growing business sectors. XDL is primarily a private equity investor. They invest their own monies, uniting their interests with each investee. They provide focusedattention on their investments, sharing experience, networks and knowledge to help the entrepreneurs grow and prosper.

## Contacts

5 contacts available for XDL Capital Group. Shizune tracks 2 team members at XDL Capital Group. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/xdl-capital-group?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $731k–$2.5M |
| Series D | $8M–$26M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 6 | 50% |
| SaaS | 2 | 17% |
| Computer | 2 | 17% |
| Blockchain | 2 | 17% |
| Infrastructure | 2 | 17% |

22 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 25% |
| Series D | 3 | 25% |
| Series A | 1 | 8% |
| Series B | 1 | 8% |
| Series C | 1 | 8% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 4 | 33% |
| United States | 4 | 33% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| David Latner | Director and Officer | 0 | https://shizune.co/investors/profile/david-latner |
| Dennis Bennie | Founder and Principal | 12 | https://shizune.co/investors/profile/dennis-bennie |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| MIMOSA Diagnostics | MIMOSA Diagnostics is the maker of the MIMOSA Pro, a handheld device that uses near-infrared light to accurately and non-invasively assess tissue health. It can be easily used by a patient or a caregiver, and the images produced will help inform the next steps within patient navigation and management |  | Venture - Series Unknown | Jun 12, 2024 |  |
| MIMOSA Diagnostics | MIMOSA Diagnostics is the maker of the MIMOSA Pro, a handheld device that uses near-infrared light to accurately and non-invasively assess tissue health. It can be easily used by a patient or a caregiver, and the images produced will help inform the next steps within patient navigation and management |  | Convertible Note | Jul 17, 2023 |  |
| Figment | Figment offers institutional-grade staking solutions for established and emerging Proof-of-Stake protocols, allowing users to earn rewards and secure digital assets. The company provides resources for staking with protocols like Ethereum, Solana, and Polkadot, featuring security and validator performance monitoring. Figment delivers staking APIs,rewards reporting tools, and on-chain data sets for asset managers and exchanges. | $2.5M | Seed | Oct 29, 2020 |  |
| Figment | Figment offers institutional-grade staking solutions for established and emerging Proof-of-Stake protocols, allowing users to earn rewards and secure digital assets. The company provides resources for staking with protocols like Ethereum, Solana, and Polkadot, featuring security and validator performance monitoring. Figment delivers staking APIs,rewards reporting tools, and on-chain data sets for asset managers and exchanges. | $2.5M | Series A | Oct 29, 2020 |  |
| Figment | Figment offers institutional-grade staking solutions for established and emerging Proof-of-Stake protocols, allowing users to earn rewards and secure digital assets. The company provides resources for staking with protocols like Ethereum, Solana, and Polkadot, featuring security and validator performance monitoring. Figment delivers staking APIs,rewards reporting tools, and on-chain data sets for asset managers and exchanges. | $1.4M | Seed | Feb 15, 2019 |  |
| Nuco | Blockchain networks will redefine the structure, process, and business models of most industries. Nuco is developing production-ready infrastructure to power the future of enterprise software. |  | Seed | Aug 01, 2016 |  |
| ScribbleLive | ScribbleLive is a content cloud provider that helps companies manage the lifecycle of their content. It provides global brands with the services and solutions they need to create premium content at scale. The company's managed services provide clients with program and campaign coverage including dashboards and program reporting. Its servicesoffered includes content strategy, creative services, implementation, integration, and IT support. ScribbleLive was founded in 2008 and is headquartered in Toronto, Ontario. | $25.6M | Series D | Sep 23, 2015 |  |
| Wellocities | Wellocities.com is an online social network for Canadians with Diabetes. In essence, it works as a support group for users in addition to providing useful tools and information that can help them deal with diabetes.Wellocities.com launched on November 14, 2007 - World Diabetes Day. The site is set up as an information-sharing social network. Sothe majority of the info users will find is through blog posts written by other users. There are also group discussions users can participate in, as well as a search tool for finding facilities and doctors near by. Similar online health communities like Wellocities.com include | $731K | Seed | Nov 01, 2007 |  |
| Notara | Notara develops software applications that automate the marketing process, such as tracking the changes to advertising and promotional campaigns with the agencies involved. The software sends the changes to the appropriate person to sign off the changes, before it moves to the next level for approval. | $8M | Series D | Jan 02, 2002 |  |
| Kamoon | Kamoon is an infrastructure software company that powers the expert services component of business online. Its Smart Engine technology enables companies to proactively deploy expert resources and seamlessly deliver mission-critical human intervention at any stage of a business process online. Kamoon offers an end-to-end knowledge commerce solutionthat connects a customer's needs to the right expert either inside or across an extended enterprise network integrating all key elements including applying business processes for channel development, smart routing and matching, customer-expert interaction management, transactional bidding and billing, business intelligence, and partner management. With clients in the financial services, professional services, B2B marketplace, and medical industries, Kamoon is rapidly becoming the standard for knowledge commerce. | $23M | Series B | Oct 13, 2000 |  |

10 of 12 investments shown.

## Co-investors
- [Bessemer Venture Partners](https://shizune.co/investors/profile/bessemer-venture-partners) — VC Fund, 3 deals together
- [Bonfire Ventures](https://shizune.co/investors/profile/bonfire-ventures) — VC Fund, 3 deals together
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund, 3 deals together
- [Lemniscap](https://shizune.co/investors/profile/lemniscap) — VC Fund, 3 deals together
- [Hummer Winblad Venture Partners](https://shizune.co/investors/profile/hummer-winblad-venture-partners) — VC Fund, 2 deals together
- [Nassau Capital](https://shizune.co/investors/profile/nassau-capital) — VC Fund, 2 deals together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund
- [Andreessen Horowitz](https://shizune.co/investors/profile/andreessen-horowitz) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [BDC Venture Capital](https://shizune.co/investors/profile/bdc-venture-capital) — VC Fund
- [Real Ventures](https://shizune.co/investors/profile/real-ventures) — VC Fund
- [Anges Quebec](https://shizune.co/investors/profile/anges-quebec) — VC Fund

## Featured in investor lists
- [Web3 Investors in Canada](https://shizune.co/investors/web3-investors-canada)
- [Web3 VC Funds in Canada](https://shizune.co/investors/web3-vc-funds-canada)
- [Blockchain Investors in Canada](https://shizune.co/investors/blockchain-investors-canada)
- [Cryptocurrency VC Funds in Canada](https://shizune.co/investors/cryptocurrency-vc-funds-canada)
- [Infrastructure Investors in United States](https://shizune.co/investors/infrastructure-investors-united-states)
- [Infrastructure VC Funds in Canada](https://shizune.co/investors/infrastructure-vc-funds-canada)

## FAQ

### What does XDL Capital Group invest in?

XDL Capital Group invests primarily in Software, SaaS and Computer startups, most often at Seed and Series D stage. Most of the 12 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is XDL Capital Group's check size?

XDL Capital Group typically joins rounds of $731k–$2.5M at Seed and $8M–$26M at Series D. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds XDL Capital Group participates in.

### How do I contact XDL Capital Group?

Public channels for XDL Capital Group include LinkedIn 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 XDL Capital Group?

The team at XDL Capital Group includes David Latner (Director and Officer) and Dennis Bennie (Founder and Principal). 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co