Top VC Firms in Canada
The 25 highest-scoring venture funds headquartered in Canada, ranked from 51 eligible firms on a 110-point composite of portfolio outcomes, deal volume, risk adjustment and cheque-size fit.
Investments
9
Exit Rate
0%
Alive
4
Portfolio Outcomes
Score Breakdown
The Cultural Leadership Fund invests in a16z portfolio companies across various industries. The fund focuses on connecting cultural leaders to technology companies and enabling more African Americans to enter the technology industry.
Investments
27
Exit Rate
14%
Alive
13
Portfolio Outcomes
Score Breakdown
Invests in healthcare and life sciences companies, primarily in Series B rounds. Focuses on companies in Europe and Israel.
Investments
9
Exit Rate
10%
Alive
9
Portfolio Outcomes
Score Breakdown
Teachers' Venture Growth (TVG) invests in late-stage, high-growth technology companies, primarily in Canada. They focus on software and developer tools, leveraging the resources and expertise of Ontario Teachers' Pension Plan.
Investments
29
Exit Rate
0%
Alive
23
Portfolio Outcomes
Score Breakdown
CIBC Innovation Banking provides tailored financing solutions and banking services to innovation companies across North America and Europe. They focus on supporting the growth needs of companies in the technology and life science sectors.
Investments
26
Exit Rate
0%
Alive
26
Portfolio Outcomes
Score Breakdown
OMERS Ventures invests in high-growth technology startups primarily in fintech, insurtech, and SaaS sectors. They focus on scaling innovative companies across series A to later stages with a portfolio centered in North America and Europe.
Investments
26
Exit Rate
0%
Alive
24
Portfolio Outcomes
Score Breakdown
Georgian is a growth equity firm investing in high-growth software companies, leveraging its platform to provide capital and expertise in areas like AI, security, and data science.
Investments
44
Exit Rate
11%
Alive
31
Portfolio Outcomes
Score Breakdown
Investments
7
Exit Rate
14%
Alive
6
Portfolio Outcomes
Score Breakdown
GroundBreak Ventures invests in early-stage companies reshaping how homes and communities are built, financed, and experienced across Canada. They focus on the built environment, providing capital and expertise to accelerate progress and deliver lasting impact.
Investments
29
Exit Rate
7%
Alive
19
Portfolio Outcomes
Score Breakdown
Investments
62
Exit Rate
5%
Alive
53
Portfolio Outcomes
Score Breakdown
Focuses on early-stage companies in Canada. Primarily invests in the commerce and marketing sector.
Investments
66
Exit Rate
5%
Alive
54
Portfolio Outcomes
Score Breakdown
Inovia Capital invests in early-stage, high-growth companies primarily in Canada and the US. They focus on software, developer tools, and fintech sectors, supporting B2B business models.
Investments
57
Exit Rate
0%
Alive
60
Portfolio Outcomes
Score Breakdown
Thematic venture capital firm that invests in seed stage ConstructionTech and PropTech companies disrupting the built world. They invest in ambitious founders solving the most difficult problems in Construction and Real Estate.
Investments
26
Exit Rate
10%
Alive
17
Portfolio Outcomes
Score Breakdown
King River Capital focuses on early-stage investments, particularly in Series A rounds. They invest in the Energy, Environment & Mobility sector, with a geographic focus on Canada.
Investments
9
Exit Rate
0%
Alive
8
Portfolio Outcomes
Score Breakdown
Kensington Capital Partners invests in high-growth Canadian companies, focusing on technology and healthcare sectors. They provide venture capital, growth equity, and fund-of-funds investments.
Investments
8
Exit Rate
0%
Alive
6
Portfolio Outcomes
Score Breakdown
Portage is a Canadian venture capital firm focusing on fintech investments, leading seed and Series B rounds primarily targeting innovative financial services startups that leverage technology to improve payments and credit solutions.
Investments
8
Exit Rate
0%
Alive
8
Portfolio Outcomes
Score Breakdown
Focuses on early-stage consumer and lifestyle companies. Primarily invests in Series A and later rounds.
Investments
141
Exit Rate
1%
Alive
124
Portfolio Outcomes
Score Breakdown
Focuses on Series A investments in Canadian software and developer tools companies. Their portfolio indicates a preference for B2B business models.
Investments
20
Exit Rate
8%
Alive
18
Portfolio Outcomes
Score Breakdown
Golden Ventures primarily invests in early-stage startups with a focus on pre-seed to series A rounds, generally within the Canadian market and surrounding regions. Their portfolio shows openness to a diverse range of sectors and markets.
Investments
12
Exit Rate
0%
Alive
10
Portfolio Outcomes
Score Breakdown
ArcTern Ventures focuses on early-stage companies addressing climate change and resource scarcity. They invest in the energy, environment, and mobility sectors, primarily in Canada.
Investments
11
Exit Rate
0%
Alive
9
Portfolio Outcomes
Score Breakdown
Portag3 Ventures invests in early-stage fintech and blockchain companies. They primarily focus on companies based in the United States.
Investments
9
Exit Rate
22%
Alive
6
Portfolio Outcomes
Score Breakdown
Investments
67
Exit Rate
9%
Alive
39
Portfolio Outcomes
Score Breakdown
Real Ventures is a venture capital firm that invests in early-stage technology companies, primarily in Canada, with a focus on sectors like AI, healthcare, and enterprise software. They aim to support entrepreneurs building innovative and impactful businesses.
Investments
110
Exit Rate
3%
Alive
89
Portfolio Outcomes
Score Breakdown
AWZ Ventures invests in early-stage cybersecurity, artificial intelligence, and physical security companies. They focus on technologies with dual-use applications, originating from Israel and North America.
Investments
6
Exit Rate
0%
Alive
4
Portfolio Outcomes
Score Breakdown
Version One Ventures is a thesis-driven, early-stage fund investing in companies with strong network effects across North America, with a focus on SaaS, marketplaces, and crypto/web3.
Investments
71
Exit Rate
2%
Alive
50
Portfolio Outcomes
Score Breakdown
Methodology
What the score measures, who is eligible, and what it deliberately excludes.
- How is the Brouky score for Canada calculated?
- Each firm is scored out of 110 points across four measured components: portfolio outcomes (40), deal volume (30), risk adjustment (25) and cheque-size fit (15). The score is computed from tracked investments and portfolio company status. It is not editorial and firms cannot influence it.
- Which firms are eligible for the Canada ranking?
- Venture and corporate venture funds headquartered in Canada with at least 5 tracked investments. 51 firms qualify; the top 25 are listed. Angel investors, family offices, banks, accelerators and government vehicles are excluded because they are scored on a different basis and are not comparable.
- How often is the ranking updated?
- Scores are recomputed as new investments and portfolio outcomes are recorded, and this page refreshes daily.
- My fund's data looks wrong. Can it be corrected?
- Yes. Claim the fund's profile on Brouky to review the underlying investments and portfolio records, and the score updates from the corrected data.