Home / Browse / Canadian SaaS / Software Investors

Canadian SaaS / Software Investors

118 funds

Canada has 102 venture funds actively investing in software and SaaS companies.

7 Gate Ventures

Vancouver, BC
SeedSeries A

Early-stage VC investing in Seed to pre-Series A technology startups, with a sector focus on software, SaaS, cloud services, marketplaces, mobile, big

SoftwareSaaS

Alacrity Canada

Victoria, BC
SeedEarly

Venture accelerator and fund associated with Wesley Clover, providing capital and mentorship to early-stage enterprise technology companies.

Enterprise TechnologySaaS

AltaML Venture Studio

Edmonton, AB
SeedEarly

Venture studio that brings together talent, AI/ML expertise and capital to accelerate the growth of applied AI startups within specific enterprise ver

Applied AI/MLEnterprise Technology

Amiral Ventures

Montréal, Québec
Early

Enterprise AI solutions driving enterprise productivity, resilience, and sustainability.

AICleantech

Apex Innovative Investments Ventures Ltd.

Toronto, ON
SeedEarly

Toronto-based $35MM venture capital fund founded in 2022 investing in early-stage startups across AI, fintech, SaaS, healthcare, and cleantech across

AIFinTech

Avro Angels

Toronto, Ontario
Pre-SeedSeed

An Angel Investment firm built by founders, technologists and pioneers between Canada and the San Francisco Bay Area. Investing in founders who are re

Deep-TechConsumer Applications

AXA Venture Partners

Paris, France
SeedSeries A

AVP is AXA's venture capital arm. It runs multiple funds, including Early Stage funds (a $150M second fund was raised in 2019) and a Late Growth strat

Enterprise softwareFintech/insurtech

BCF Ventures

Montréal, Québec
Early

Focus on technology companies with validated product-market fit ready to accelerate growth. Staged strategy with discovery checks, building conviction

AIB2C

BCI Venture and Growth

Victoria, BC
Series B+Growth

Venture and growth program within British Columbia Investment Management Corporation; direct stakes plus co-investment, leaning late stage.

Enterprise SoftwareAI

BDC Industrial Innovation Venture Fund

Canada
SeedSeries A

Fund I ($250M) + Fund II ($200M) backing early-stage companies in legacy industries where enabling technologies can reshape Canadian companies into gl

AgTechFoodTech

BDC IT Venture Fund

Canada
SeedSeries A

A $300M BDC fund (Fund I + II) created to give ambitious Canadian entrepreneurs the capital and strategic advice to turn early-stage software companie

SoftwareSaaS

BDC Seed Venture Fund

Canada
Pre-SeedSeed

A $100M BDC fund helping Canadian entrepreneurs get ideas off the ground. Sector-agnostic software focus with cheque sizes of $100K-$1M. Pan-Canadian

Enterprise SaaSFinTech

BDC Sustainability Venture Fund

Canada
SeedSeries A

A $150M BDC fund investing in early-stage businesses developing software and asset-light technologies for a net-zero economy, aligned with UN SDGs. Eq

Sustainability SoftwareClimate Action Tech

BDC Thrive Venture Fund for Women

Canada
SeedSeries A

The $300M direct investment component of BDC's Thrive Platform, addressing the equity gap faced by women-led companies. Partners with women entreprene

TechnologySaaS

Beedie Capital Partners

Vancouver, BC
Series ASeries B+

Provides highly flexible growth financing solutions for small to mid-market companies across a wide variety of industry sectors. Fully funded by Beedi

SoftwareeCommerce

Bell Ventures

Verdun, Québec

Network technologies, leading consumer and enterprise solutions, and innovation in data, analytics, AdTech, media, and content distribution aligned wi

AIB2C

Bluesky Equities Ltd.

Calgary, AB
SeedPre-Seed

Private investment management company (family office) with a broad portfolio spanning venture capital and private equity, focused primarily in Alberta

Internet Software & ServicesSoftware

BMO Technology & Innovation Banking

Toronto, ON
PE / DebtGrowth

BMO's technology and innovation banking group launched in 2019 providing venture debt and growth financing to Canadian tech companies. Expanded aggres

TechnologySaaS

Boreal Ventures

Montreal, QC
Pre-SeedSeed

Pre-seed/seed-stage venture fund launched in close partnership with Centech, entirely dedicated to investing in Centech and Quebec's most promising de

DeepTechHealthcare/Life Sciences

Build Ventures

Halifax, NS
SeedSeries A

Early-stage venture capital firm focused on Atlantic Canada, investing from seed through Series C.

SoftwareInternet Software & Services

Canadian Business Growth Fund (CBGF)

Toronto, ON
PE / Debt

Provides capital to entrepreneurs to fund growth and expansion of mid-market businesses.

Internet Software & ServicesSoftware

Capital Angel Network

Ottawa, Ontario
Pre-SeedSeed

The largest network of early stage investors in Ottawa, Gatineau, and Kanata. A leading Canadian angel group focused on lifting the region's entrepren

SoftwareHardware

Celtic House Venture Partners

Ottawa, ON
Series ASeries B+

Venture capital investor in media communication technologies, with 4 funds raised and 69 deals recorded.

Electronic & SemiconductorInternet Software & Services

CIBC Innovation Banking

Toronto, Ontario
Multi-StagePE / Debt

Strategic advice, cash management, and flexible capital solutions to innovation companies. Financing from $1M to $100M+.

AgtechAI

Cisco Investments

San Jose, California, USA
SeedSeries A

Cisco Investments is Cisco's corporate venture arm. It makes direct minority investments and fund-of-funds investments in startups that complement Cis

AINetworking

Comcast Ventures

New York, New York, USA
Series ASeries B+

Comcast Ventures is the corporate venture arm of Comcast. It was formed in 2011 by merging two earlier arms and has a 20+ year history of backing entr

Generative AIAI infrastructure

Concrete Ventures

Halifax, NS
Pre-Seed

Atlantic Canadian pre-seed fund with a 'by founders, for founders' culture. Focuses on software and internet businesses with an Atlantic Canada lens.

SoftwareInternet

Cycle Capital Management

Montreal, QC
SeedSeries A

Leading private ClimateTech VC platform investing across North America, Europe and Asia in companies enabling net-zero transition, reducing GHG emissi

CleanTechEnvironmental

Deloitte Ventures

Toronto, Ontario
Early

Invest in early-stage B2B enterprise software companies with clear product-market fit and strong Canadian angle.

AICleantech

Distinction Capital

Montreal, QC
Series AGrowth

Single-family office of CGI founder Serge Godin making direct technology investments.

TechnologyIT

DMZ Ventures

Toronto, ON
Pre-SeedSeed

For-profit fund arm of Toronto Metropolitan University DMZ; writes 100,000 to 250,000 dollar cheques into DMZ-vetted startups as first institutional i

B2B SaaS

Easly

Vancouver, BC
PE / Debt

Connects Canadian businesses of all sizes and maturities, across all industries, to non-dilutive capital through debt financing against tax credits.

Internet Software & ServicesHealthcare/Life Sciences

entrepreneurship@UBC Seed Fund

Vancouver, BC
Pre-SeedSeed

Direct-equity seed fund of the University of British Columbia investing 50,000 to 250,000 dollars into UBC-connected startups.

Deep TechCleanTech

Esplanade Healthtech Ventures

Montreal, QC
SeedSeries A

Early-stage digital health venture fund investing in Canada and the US.

Healthcare/Life SciencesDigital Health

Espresso Capital Ltd.

Toronto, ON
PE / DebtMulti-Stage

Provides growth financing to companies based on their tax credits from programs such as SR&ED and digital media; over 542 deals recorded.

SoftwareInternet Software & Services

Extreme Venture Partners (EVP)

Toronto, ON
SeedSeries A

Focuses on providing early-stage venture capital and management expertise to startup businesses.

Internet Software & ServicesMobile & Telecommunications

FirePower Capital

Toronto, ON
PE / Debt

Advises and invests in Canada's entrepreneurs, helping promising mid-market companies complete mission-critical transactions including acquisitions, s

Internet Software & ServicesFinancial

First Ascent Ventures

Toronto, Ontario
Series A

Early stage, emerging and growth-oriented enterprise software companies. Dedicated Enterprise software focus.

AICybersecurity

Flow Capital

Toronto, ON
PE / Debt

Publicly listed provider of flexible growth and alternative capital, supporting revenue-generating, VC-backed, and founder-owned companies seeking gro

Healthcare/Life SciencesConsumer Products & Services

Framework Venture Partners

Toronto, Ontario
Series A

Active capital model in AI-powered vertical SaaS. Focus on proven product-market fit and compelling unit economics.

AIB2C

Futuresight

Toronto, Ontario
Early

CoFounds & Funds B2B AI-native SaaS companies with values-driven leaders.

AIFintech

Garage Capital

Kitchener, ON
Pre-SeedSeed

Early-stage venture capital firm with 6 funds raised and 79 deals recorded, focused primarily in Ontario.

Internet Software & ServicesHealthcare/Life Sciences

Georgian

Toronto, ON
Series B+Growth

Toronto-based growth capital firm founded in 2008, one of Canada's largest investment firms, investing in enterprise software and internet companies w

Internet Software & ServicesSoftware

Golden Ventures

Toronto, ON
SeedSeries A

Leading seed-stage venture capital fund based in Toronto, investing across North America with 7 funds raised and 140 deals recorded.

Internet Software & ServicesSoftware

Graphite Ventures

Toronto, Ontario
Seed

Canada's seed stage VC partner for exceptional B2B founders. Focus on capital efficiency and global scaling.

AICybersecurity

GTAN | Angel to Series A Investments

Waterloo Region, Ontario
Pre-SeedSeed

A community of angels, super angels, family offices, and venture funds investing in Canadian tech startups from pre-seed to Series A since 2008. Canad

SoftwareHardware

Hercules Capital

Palo Alto, CA, USA
PE / DebtGrowth

Largest non-bank venture debt lender globally with $10B+ portfolio. Active lender to Canadian tech and life sciences companies. Publicly traded (NYSE:

TechnologyLife Sciences

Highline Beta

Toronto, ON
Pre-SeedSeed

Venture studio and VC firm that builds ventures with corporate partners and family offices. Combines venture building with venture investing through V

FinTechInsurTech

Imperial Capital Group Ltd

Toronto, ON
PE / Debt

Toronto-based private equity fund manager focused on buyout opportunities in the Canadian and American mid-market.

Consumer Products & ServicesHealthcare/Life Sciences

Information Venture Partners Inc.

Toronto, ON
Series ASeries B+

Focused exclusively on North American enterprise and financial technology companies, with 3 funds raised and 62 deals recorded.

Enterprise TechnologyFinTech

Inovia Capital

Montréal, Québec
Pre-SeedMulti-Stage

Focus on software companies and AI driving positive impact on global scale. Three strategies: Discovery, Venture, Growth.

AIB2C

INP Capital

Vancouver, BC
Early

Global deeptech and greentech companies reshaping legacy industries. Bridge between Canada and Asia-Pacific.

AgtechAI

Intrepid Growth Partners

Vancouver, BC
Growth

Growth-stage AI companies with proven product-market fit in Canada and UK.

AICybersecurity

Island Capital Partners

Charlottetown, PE
SeedPre-Seed

Early-stage venture capital fund based in PEI, with 1 fund raised and 26 deals recorded.

Internet Software & ServicesSoftware

JPMorgan Chase Canada (Innovation Economy)

Toronto, ON
PE / DebtGrowth

JPMorgan's Canadian innovation economy unit expanding aggressively with 5 dedicated tech bankers. Hired Scotiabank's former head of TIB (David Rozin)

TechnologySaaS

Kanata Ventures

Toronto, ON
Pre-SeedSeed

Invests in high-growth enterprise tech companies globally and connects them to corporate partners in North America.

Enterprise Technology

L-SPARK

Ottawa, ON
SeedSeries A

Ottawa SaaS accelerator (Wesley Clover) that takes about 3 percent equity contingent on the startup raising within an 18-month window, with no cash in

B2B SaaSCloud

Mantella Venture Partners

Toronto, ON
Seed

Toronto-based VC investing in lean, product-focused teams solving real-world problems. Three funds with aggregate market value exceeding $70M.

Enterprise ApplicationsRetail

Manulife Ventures

Toronto, ON
Series ASeries B+

Corporate venture arm of Manulife, within Manulife Investment Management, backing B2B software and fintech strategic to its insurance and wealth lines

B2B SaaSEnterprise Software

MaRS Investment Accelerator Fund (IAF)

Toronto, ON
SeedPre-Seed

Bridges a critical gap in early-stage funding, catalyzing later-stage funding for promising technology companies across enterprise software, health te

Enterprise SoftwareHealth Tech

Mavrik Corp

Montreal, QC
SeedSeries A

Single-family office of the Pathy family (Fednav, Mark Pathy) making direct co-investments plus fund commitments with a climate and impact tilt.

AgriFoodClimate

McRock Capital

Toronto, ON
Series ASeries B+

First dedicated Digital Industrial VC. Invests in Industrial AI and software at the intersection of data, automation, and large physical operations ac

AIIoT

Mistral Venture Partners

Ottawa, ON
Pre-SeedSeed

Leading seed-stage venture capital firm in Canada, established in 2013. Focuses on early bets in enterprise software, AI, and marketplace companies.

Enterprise SoftwareArtificial Intelligence

National Bank Technology Banking

Montreal, QC
PE / DebtGrowth

National Bank's technology banking group offering venture lending, growth and M&A financing for tech companies for over 20 years. Acquired SVB's ~C$1B

TechnologySaaS

NAventures

Montréal, Québec
SeedSeries B+

Corporate VC arm of National Bank of Canada. Direct equity investment in high growth potential technology companies.

AICybersecurity

Nicola Wealth Management Ltd.

Vancouver, BC
Series ASeries B+

Wealth planning and investing firm (family office) with active venture and private equity investments across Canada.

Internet Software & ServicesSoftware

Northside Ventures

Toronto, ON
Pre-SeedSeed

Pre-seed and seed-stage venture capital firm backing exceptional founders in the US and Canada.

Internet Software & ServicesEnvironmental

Novacap Management Inc.

Longueuil, QC
PE / Debt

Founded in 1981, leading Canadian private equity firm with C$8B+ AUM and 90+ platform companies, applying sector-focused approach in TMT, Industries a

Internet Software & ServicesMobile & Telecommunications

OMERS Private Equity Inc.

Toronto, ON
PE / Debt

Making private equity investments since 1987 on behalf of OMERS, one of Canada's largest pension plans with over $60.8B in assets; manages over $6.5B

Business Products & ServicesHealthcare/Life Sciences

OMERS Ventures Management Inc.

Toronto, ON
SeedSeries A

Venture capital arm of OMERS pension fund with nearly $61B in net assets; 5 funds raised and 130 deals recorded across North America.

Internet Software & ServicesSoftware

OpenText Ventures

Waterloo, ON
Growth

Balance-sheet corporate venture investing by OpenText, taking minority stakes in enterprise software, cybersecurity, and AI companies, often ahead of

Enterprise SoftwareCybersecurity

PaceZero Capital Partners

Toronto, ON
PE / DebtGrowth

Sustainability-focused private debt firm executing credit investments in growth-stage technology companies.

EnvironmentalSoftware

Panache Ventures

Montreal, QC
SeedPre-Seed

Led by experienced operators with strong angel and institutional VC track records; founders-first philosophy with commitment to diversity, co-investin

SoftwareInternet Software & Services

Pelorus VC

St. John's, NL
Pre-Seed

Hands-on pre-seed investor backing Newfoundland and Labrador's most ambitious innovation companies.

AIHealthtech

Pender Ventures

Vancouver, BC
Growth

Health tech and B2B technology at inflection point between commercialization and scale.

AICybersecurity

Persistence Capital Partners

Montreal, QC
PE / Debt

Private equity fund exclusively focused on high-growth opportunities in the healthcare field.

Healthcare/Life SciencesSoftware

PFM Capital Inc.

Regina, SK
PE / DebtMulti-Stage

Employee-owned investment management firm focused on private equity investment in Western Canada and Saskatchewan; managing PE and VC funds since 1993

Energy & PowerReal Estate

PIC Investments Group Inc.

Saskatoon, SK
SeedPre-Seed

Venture capital investment company focused on growth financing in the chemical industry, transportation industry, industrial real estate, and northern

AgribusinessFood & Beverages

Plaza Ventures

Toronto, ON
Series ASeries B+

Early growth-stage technology venture capital investor with 7 funds raised and 41 deals recorded.

Internet Software & ServiceseCommerce

Raiven Capital

Toronto, ON
Series A

Canada-Silicon Valley Series A venture fund concentrating on investments just before scaling begins, with 2 funds and 8 deals recorded.

Internet Software & ServicesHealthcare/Life Sciences

RBC Capital Partners

Toronto, Ontario
Series A

CVC and fund investment arm of RBC. Invest directly in Financial Services companies, opportunistic to other aligned sectors. $5-10MM typical.

AICleantech

RBCx

Toronto, ON
Series ASeries B+

Backer of Canada's most daring innovators and idea generators; RBC's technology growth banking and venture arm.

Internet Software & ServicesCleanTech

Red Leaf Capital

Winnipeg, MB
Pre-SeedSeed

Combines a research-driven investment decision process with a high-touch collaborative engagement model to help entrepreneurs in high-growth global ma

Software

Redbrick

Victoria, BC
Growth

Victoria venture builder and holding company that builds and acquires software companies such as Leadpages and Shift, holding permanent equity.

SoftwareSaaS

Relentless Pursuit Partners

Vancouver, BC
Early

Focus on most common age-related conditions: brain health, diabetes, cardiovascular, mobility, respiratory, musculoskeletal.

AIHealthtech

Renewal Funds

Vancouver, BC
EarlyGrowth

Climate technology startups improving sustainability and resilience of infrastructure, production and manufacturing.

AgtechB2C

RHA Ventures Inc.

London, ON
SeedPre-Seed

Invests in early-stage innovative companies and founders; provides a core group of founders and an extensive network of mentors and investors.

SoftwareInternet Software & Services

Ripple Ventures

Toronto, ON
Pre-SeedSeed

Early-stage VC focused on companies developing creator and developer tools and enterprise software across software, cloud, health tech, crypto, and fi

Developer ToolsEnterprise Software

Round13 Capital Inc.

Toronto, ON
SeedSeries A

Founders Fund backed by successful entrepreneurs, with 7 funds raised and 91 deals recorded.

Internet Software & ServicesSoftware

Sagard Private Equity Canada

Montreal, QC
PE / Debt

Focuses on Canadian middle-market investment opportunities.

Industrial & ManufacturingFood & Beverages

Sand Hill North Ventures

Montreal, QC
Pre-SeedSeed

Early-stage venture investments at the intersection of innovation and integrity.

Internet Software & ServicesSoftware

Scotiabank Technology & Innovation Banking

Toronto, ON
PE / DebtGrowth

Scotiabank's tech lending arm with ~C$2B lent to Canadian tech companies including BenchSci, Helcim, GeoComply, and Field Effect. Launched in 2019, ex

TechnologyCybersecurity

Sixty Degree Capital

Toronto, ON
Pre-SeedSeed

Global investment firm with $620M+ USD in AUM. Partners with visionary founders across technology and healthcare. Fund III closed at $338M CAD.

Enterprise SoftwareHealthcare

Staircase Ventures

Toronto, Ontario
Seed

Lead seed-stage rounds into B2B software companies. Five-pillar Founder Growth Platform.

AIFintech

StandUp Ventures

Toronto, ON
Pre-SeedSeed

Toronto-based early-stage VC fund investing in high-growth technology startups led or co-led by women founders, backing globally competitive companies

Enterprise SoftwareDigital Health

Stifel Venture Banking

Toronto, ON
PE / DebtGrowth

Venture banking division of Stifel providing venture debt ($1M-$50M+), treasury management, and capital raising for seed through IPO-stage tech compan

TechnologySaaS

Tall Grass Ventures

Calgary, AB
SeedPre-Seed

Western Canadian focused agtech seed fund with 1 fund and 27 deals recorded.

AgribusinessCleanTech

TandemLaunch

Montréal, Québec
SeedEarly

Start-up foundry and seed fund in AI, Computer Vision, IoT, Advanced Sensors, sustainability, and Advanced Materials.

AICleantech

TD Innovation Partners (TDIP)

Toronto, ON
PE / DebtGrowth

TD Bank's full-service innovation banking platform launched in 2024, providing venture debt, banking, and financing solutions for technology companies

TechnologySaaS

Teachers Venture Growth (TVG)

Toronto, ON
Series B+Growth

Late-stage venture and growth investing arm of the Ontario Teachers Pension Plan (established 2019); direct stakes plus select fund commitments.

EnterpriseDeepTech

Technology Venture Corporation

Moncton, NB
SeedEarly

Private venture capital and investment holding company focusing exclusively in the four Atlantic Canadian provinces, primarily in technology companies

Internet Software & ServicesElectronic & Semiconductor

Telegraph Ventures

Montreal, QC
Pre-SeedSeed

A 35 million dollar fund backing enterprise-AI startups in Quebec, with limited partners including Investissement Quebec, Teralys, and Inovia.

Enterprise AIB2B Software

TELUS Global Ventures

Vancouver, BC
Series A

Strategic investment arm in AgTech, Digital HealthTech, Connected Consumer, and Enterprise Platforms & IoT.

AgtechAI

Thin Air Labs

Calgary, AB
Pre-SeedSeed

Igniting venture growth for greater human impact; 2 funds raised and 49 deals recorded, primarily in Alberta.

Healthcare/Life SciencesInternet Software & Services

Thomson Reuters Ventures

Toronto, ON
Series A

Corporate venture arm of Thomson Reuters; invests in early-stage enterprise technology with a focus on Series A companies.

Enterprise TechnologySoftware

Tiny Capital

Victoria, BC
Growth

Founded by Andrew Wilkinson. Acquires and operates internet businesses with a permanent capital holding company model.

Internet BusinessesSaaS

Top Down Ventures

Vancouver, BC
Early

Software and AI infrastructure powering global Managed Services ecosystem ($600B market).

AICybersecurity

Top Renergy Inc. (TRE)

Vancouver, BC
SeedPE / Debt

Venture capital firm with 2 funds raised and 23 deals recorded, primarily in BC.

Internet Software & ServicesSoftware

Triptyq Capital

Montreal, QC
SeedPre-Seed

Corporate venture capital investing in the digital transformation of creative industries.

Internet Software & ServicesComputer Hardware & Services

Unilever Ventures

London, United Kingdom
SeedSeries A

Unilever's corporate venture capital arm, founded in 2002, takes minority equity stakes in consumer-facing brands and related technology. It states a

Beauty & wellnessCommerce technology

Version One Ventures

Vancouver, BC
Early

Back mission-driven founders early in new areas. Focus on crypto, deep tech, and enterprise SaaS.

AIB2C

Vertu Capital

Toronto, ON
GrowthPE / Debt

Invests in and works closely with premier late-stage Canadian technology companies to achieve their long-term goals.

SoftwareInternet Software & Services

Vistara Growth

Vancouver, BC
Growth

Flexible growth capital solutions (debt, convertible debt, structured equity) to mid-later stage technology companies. $10M-$50M.

AICybersecurity

Volvo Group Venture Capital

Gothenburg, Sweden
SeedSeries A

Volvo Group's corporate venture arm, founded in 1997, invests globally in startups that are relevant to the group's businesses: trucks, construction e

Autonomous truckingLogistics tech

Westcap Mgt. Ltd.

Saskatoon, SK
Multi-StagePE / Debt

Venture capital and private equity manager of Golden Opportunities Fund Inc. and First Nations and Métis Fund (FNMF), with 7 funds and 179 deals.

Healthcare/Life SciencesEnergy & Power

Western Technology Investment (WTI)

Portola Valley, CA, USA
PE / DebtSeed

Pioneered venture debt in 1980. $7.8B deployed across 1,400+ companies including Canadian firms. Now investing out of 11th institutional fund. Acquire

TechnologySaaS

White Star Capital

London, UK
SeedSeries B+

International technology investment manager. Early Growth Fund, Digital Asset Fund, and North American Seed Fund.

AIB2C

Yaletown Partners

Vancouver, BC
Growth

North America's Intelligent Industry through software, AI/ML, and IIoT. Digitalization, transformation, and sustainability.

AgtechAI