Brouky Score · 2026

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.

63
Median score / 110
across eligible firms
51
Eligible firms
5+ tracked investments
1,398
Tracked investments
in this market
25
Firms ranked
highest scoring
Sort by
1
97/ 110Grade A

Investments

9

Exit Rate

0%

Alive

4

Portfolio Outcomes

4 Alive1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
12 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
97 pts · Grade A
2
Industry & HardwareHealthcare & Life SciencesFinance & BlockchainSoftware & Developer ToolsEnergy, Environment & MobilityCommerce & Marketing
digital-healthhealthcareaiindustrial-aimachine-learningpredictive-analytics

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.

94/ 110Grade A

Investments

27

Exit Rate

14%

Alive

13

Portfolio Outcomes

13 Alive2 Acquired2 IPO1 Dead10 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
9 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
94 pts · Grade A
3
Healthcare & Life SciencesSoftware & Developer Tools
medtechhealthcaredrug-developmentmedical-deviceclinical-stagemedical technology

Invests in healthcare and life sciences companies, primarily in Series B rounds. Focuses on companies in Europe and Israel.

94/ 110Grade A

Investments

9

Exit Rate

10%

Alive

9

Portfolio Outcomes

9 Alive1 IPO

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
35 / 40
94 pts · Grade A
4
Software & Developer ToolsFinance & BlockchainIndustry & HardwareConsumer, Lifestyle & ServicesEnergy, Environment & MobilityHealthcare & Life Sciences
fintechinvestment-platformhuman-resourceshr-techtalent-managementautomation

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.

84/ 110Grade B+

Investments

29

Exit Rate

0%

Alive

23

Portfolio Outcomes

23 Alive1 Dead9 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
12 / 25
Deal Volume
30 / 30
Portfolio Outcomes
27 / 40
84 pts · Grade B+
5
Software & Developer ToolsHealthcare & Life SciencesCommerce & MarketingConsumer, Lifestyle & ServicesIndustry & HardwareFinance & Blockchain
enterpriseanalyticsfintechdataemployee-benefitsdata-management

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.

76/ 110Grade B-

Investments

26

Exit Rate

0%

Alive

26

Portfolio Outcomes

26 Alive5 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
13 / 25
Deal Volume
30 / 30
Portfolio Outcomes
18 / 40
76 pts · Grade B-
6

OMERS Ventures

Series C+Canada
Software & Developer ToolsConsumer, Lifestyle & ServicesFinance & BlockchainIndustry & HardwareEnergy, Environment & MobilityHealthcare & Life Sciences
enterprisefintechinsuranceanalyticsthreat-detectioncloud-security

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.

76/ 110Grade B-

Investments

26

Exit Rate

0%

Alive

24

Portfolio Outcomes

24 Alive3 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
12 / 25
Deal Volume
30 / 30
Portfolio Outcomes
19 / 40
76 pts · Grade B-
7

Georgian

Series C+Canada
Software & Developer ToolsFinance & BlockchainIndustry & HardwareConsumer, Lifestyle & ServicesCommerce & MarketingHealthcare & Life Sciences
analyticsdataenterpriseaidata-managementautomation

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.

75/ 110Grade B-

Investments

44

Exit Rate

11%

Alive

31

Portfolio Outcomes

31 Alive5 Acquired8 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
10 / 25
Deal Volume
30 / 30
Portfolio Outcomes
20 / 40
75 pts · Grade B-
8

Cowie Capital Partners

Series C+Canada
75/ 110Grade B-

Investments

7

Exit Rate

14%

Alive

6

Portfolio Outcomes

6 Alive1 Acquired

Score Breakdown

Size Fit
15 / 15
Venture Signals
18 / 25
Deal Volume
15 / 30
Portfolio Outcomes
27 / 40
75 pts · Grade B-
9

Groundbreak Ventures

Series C+Canada
Industry & HardwareSoftware & Developer ToolsEnergy, Environment & MobilityotherConsumer, Lifestyle & ServicesFinance & Blockchain
real-estateconstructionconstruction-techiotAIfield intelligence

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.

74/ 110Grade C+

Investments

29

Exit Rate

7%

Alive

19

Portfolio Outcomes

19 Alive2 Acquired2 Dead7 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
13 / 40
74 pts · Grade C+
10

Motive Ventures

Series C+Canada
Finance & BlockchainSoftware & Developer ToolsConsumer, Lifestyle & ServicesEnergy, Environment & Mobilityother
investment-platformaifinancial-technologyfinancial-softwarefinancial-servicesmachine-learning
72/ 110Grade C+

Investments

62

Exit Rate

5%

Alive

53

Portfolio Outcomes

53 Alive3 Acquired9 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
2 / 25
Deal Volume
30 / 30
Portfolio Outcomes
25 / 40
72 pts · Grade C+
11

Moneta Ventures

Series BCanada
Software & Developer ToolsFinance & BlockchainIndustry & HardwareHealthcare & Life SciencesCommerce & MarketingConsumer, Lifestyle & Services
analyticsdatadata-managementfinancial-servicesfintechapi

Focuses on early-stage companies in Canada. Primarily invests in the commerce and marketing sector.

71/ 110Grade C

Investments

66

Exit Rate

5%

Alive

54

Portfolio Outcomes

54 Alive3 Acquired9 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
13 / 25
Deal Volume
30 / 30
Portfolio Outcomes
13 / 40
71 pts · Grade C
12

Inovia Capital

Series C+Canada
Software & Developer ToolsFinance & BlockchainHealthcare & Life SciencesIndustry & HardwareConsumer, Lifestyle & ServicesCommerce & Marketing
fintechaifinancial-servicesanalyticsdataartificial-intelligence

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.

70/ 110Grade C

Investments

57

Exit Rate

0%

Alive

60

Portfolio Outcomes

60 Alive4 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
5 / 25
Deal Volume
30 / 30
Portfolio Outcomes
20 / 40
70 pts · Grade C
13
Consumer, Lifestyle & ServicesIndustry & HardwareFinance & BlockchainSoftware & Developer Tools
automationaiproptechreal-estateconstructionrobotics

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.

70/ 110Grade C

Investments

26

Exit Rate

10%

Alive

17

Portfolio Outcomes

17 Alive3 Acquired11 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
30 / 30
Portfolio Outcomes
10 / 40
70 pts · Grade C
14

King River Capital

Series BCanada
Software & Developer ToolsFinance & BlockchainEnergy, Environment & MobilityConsumer, Lifestyle & ServicesotherHealthcare & Life Sciences
fintechmobile-appblockchaincybersecuritydata-privacythreat-detection

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.

70/ 110Grade C

Investments

9

Exit Rate

0%

Alive

8

Portfolio Outcomes

8 Alive2 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
10 / 25
Deal Volume
30 / 30
Portfolio Outcomes
15 / 40
70 pts · Grade C
15
Software & Developer ToolsConsumer, Lifestyle & ServicesIndustry & HardwareFinance & Blockchain
aiemployee-benefitsfintechhrpayrollhome-automation

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.

70/ 110Grade C

Investments

8

Exit Rate

0%

Alive

6

Portfolio Outcomes

6 Alive2 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
23 / 30
Portfolio Outcomes
18 / 40
70 pts · Grade C
16

Portage

Series C+Canada
Software & Developer ToolsotherFinance & BlockchainHealthcare & Life SciencesConsumer, Lifestyle & ServicesCommerce & Marketing
application-securitycloud-securitythreat-detectionsubscriptiontransportationartificial-intelligence

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.

69/ 110Grade C

Investments

8

Exit Rate

0%

Alive

8

Portfolio Outcomes

8 Alive

Score Breakdown

Size Fit
15 / 15
Venture Signals
10 / 25
Deal Volume
30 / 30
Portfolio Outcomes
14 / 40
69 pts · Grade C
17

White Star Capital

Series C+Canada
Software & Developer ToolsFinance & BlockchainCommerce & MarketingIndustry & HardwareHealthcare & Life SciencesConsumer, Lifestyle & Services
aiblockchainconsumer-techdefiautomationmobility

Focuses on early-stage consumer and lifestyle companies. Primarily invests in Series A and later rounds.

68/ 110Grade C-

Investments

141

Exit Rate

1%

Alive

124

Portfolio Outcomes

124 Alive2 Acquired3 Dead13 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
0 / 25
Deal Volume
30 / 30
Portfolio Outcomes
23 / 40
68 pts · Grade C-
18

Threshold Ventures

Series C+Canada
Software & Developer ToolsHealthcare & Life SciencesIndustry & HardwareFinance & BlockchainArtificial Intelligence & Data
automationhealthcareaidigital-healthanalyticsdata

Focuses on Series A investments in Canadian software and developer tools companies. Their portfolio indicates a preference for B2B business models.

68/ 110Grade C-

Investments

20

Exit Rate

8%

Alive

18

Portfolio Outcomes

18 Alive1 Acquired1 IPO4 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
13 / 25
Deal Volume
30 / 30
Portfolio Outcomes
10 / 40
68 pts · Grade C-
19

Golden Ventures

Series C+Canada
Software & Developer ToolsConsumer, Lifestyle & ServicesIndustry & HardwareArtificial Intelligence & DataHealthcare & Life SciencesEnergy, Environment & Mobility
aianalyticsdataartificial-intelligencecollaborationcommunity

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.

68/ 110Grade C-

Investments

12

Exit Rate

0%

Alive

10

Portfolio Outcomes

10 Alive1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
13 / 25
Deal Volume
20 / 30
Portfolio Outcomes
20 / 40
68 pts · Grade C-
20

ArcTern Ventures

Series C+Canada
Energy, Environment & MobilityFinance & BlockchainArtificial Intelligence & DataSoftware & Developer ToolsIndustry & Hardware
analyticsdataenterpriseagritechdeliverycleantech

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.

67/ 110Grade C-

Investments

11

Exit Rate

0%

Alive

9

Portfolio Outcomes

9 Alive1 Dead3 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
6 / 40
67 pts · Grade C-
21

Portag3 Ventures

Series C+Canada
Finance & BlockchainSoftware & Developer Tools
fintechfinancial-servicesconsumer-fintechfinancial-technologyanalyticsinvestment-platform

Portag3 Ventures invests in early-stage fintech and blockchain companies. They primarily focus on companies based in the United States.

67/ 110Grade C-

Investments

9

Exit Rate

22%

Alive

6

Portfolio Outcomes

6 Alive2 Acquired1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
5 / 25
Deal Volume
15 / 30
Portfolio Outcomes
32 / 40
67 pts · Grade C-
22

Clairvest Group Inc

Series C+Canada
Consumer, Lifestyle & ServicesEnergy, Environment & MobilityotherHealthcare & Life SciencesIndustry & HardwareSoftware & Developer Tools
casinopokersports bettingslot machinestable gamesenvironmental services
66/ 110Grade C-

Investments

67

Exit Rate

9%

Alive

39

Portfolio Outcomes

39 Alive6 Acquired19 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
5 / 40
66 pts · Grade C-
23

Real Ventures

Series C+Canada
Software & Developer ToolsIndustry & HardwareCommerce & MarketingFinance & BlockchainHealthcare & Life SciencesConsumer, Lifestyle & Services
aianalyticsautomationdatamachine-learningAI

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.

65/ 110Grade C-

Investments

110

Exit Rate

3%

Alive

89

Portfolio Outcomes

89 Alive4 Acquired26 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
12 / 25
Deal Volume
30 / 30
Portfolio Outcomes
8 / 40
65 pts · Grade C-
24

Awz Ventures

Series C+Canada
Software & Developer ToolsConsumer, Lifestyle & ServicesArtificial Intelligence & DataEnergy, Environment & Mobility
aiapplication-securitycloud-securitycybersecuritythreat-detectioncustomer-experience

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.

64/ 110Grade D+

Investments

6

Exit Rate

0%

Alive

4

Portfolio Outcomes

4 Alive2 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
30 / 30
Portfolio Outcomes
4 / 40
64 pts · Grade D+
25

Version One Ventures

Series C+Canada
Software & Developer ToolsEnergy, Environment & MobilityFinance & BlockchainConsumer, Lifestyle & ServicesIndustry & HardwareCommerce & Marketing
blockchaincommunitycryptodatadata-managementdeveloper-tools

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.

63/ 110Grade D+

Investments

71

Exit Rate

2%

Alive

50

Portfolio Outcomes

50 Alive2 Acquired35 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
6 / 25
Deal Volume
30 / 30
Portfolio Outcomes
12 / 40
63 pts · Grade D+

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.

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