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    Investment Firms in Canada

    The ecosystem is anchored by major technology hubs in Toronto, Montreal, and Vancouver, which benefit from strong university research programs and significant government-backed funding initiatives. Its venture capital landscape has matured considerably, with a historical strength in sectors like artificial intelligence, fintech, and healthcare. This growth is supported by a blend of institutional investors and a network of accelerators closely tied to academic institutions.

    Canada has a deep venture capital ecosystem spanning 8 cities, with 98 investment firms tracked by Goldilocks AI. The largest hubs are Toronto (50), Montreal (19), Vancouver (18).

    AI dominates the investment landscape in Canada, with 44% of investment firms focused on this sector.

    Canada is a particularly strong hub for early-stage investing, with over 83% of investment firms active at the Seed or Pre-Seed stage.

    Last updated: 9 September 2026

    Investment Firms

    98

    Total Investments

    2,365

    Top Sector

    Fintech

    Top Stage

    Series A

    Top Investment Sectors in Canada

    The most popular sector focus among Canada investment firms is AI, with 43 investment firms (44%) investing in the space. This is followed by Healthcare (42), Fintech (38), Climate & Energy (31), Enterprise Software (29).

    Investment Stages in Canada

    Canada investment firms are most active at the Series A stage (85 investment firms). This is followed by Seed (81), Series B (73), Growth (53), Series C (44).

    Where they are

    Each circle is a city; its area is the number of investment firms based there, and darker circles hold more.

    Browse by City

    All Investment Firms (98)

    Showing 136 of 98 investment firms

    Inovia Capital logo

    Inovia Capital

    Montreal, Canada

    131 investments

    Seed, Series A

    SaaS, AI, Cybersecurity

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    BDC Capital logo

    BDC Capital

    Montreal, Canada

    116 investments

    Series A, Seed

    AI, Biotech & Life Sciences, Climate & Energy

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    OMERS Ventures logo

    OMERS Ventures

    Toronto, Canada

    93 investments

    Series A, Series B

    Fintech, SaaS, AI

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    Real Ventures logo

    Real Ventures

    Montreal, Canada

    81 investments

    Seed, Series A

    AI, Enterprise Software, Fintech

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    Radical Ventures logo

    Radical Ventures

    Toronto, Canada

    79 investments

    Series A, Seed

    AI

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    Golden Ventures logo

    Golden Ventures

    Toronto, Canada

    78 investments

    Seed, Series A

    AI, Consumer, SaaS

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    Georgian logo

    Georgian

    Toronto, Canada

    72 investments

    Series C, Series B

    AI, SaaS, Cybersecurity

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    Portage Ventures logo

    Portage Ventures

    Toronto, Canada

    68 investments

    Series A, Seed

    Fintech

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    Export Development Canada logo

    Export Development Canada

    Ottawa, Canada

    68 investments

    Series A, Series C

    Climate & Energy, Manufacturing, Infrastructure & Cloud

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    Garage Capital logo

    Garage Capital

    Kitchener, Canada

    67 investments

    Seed, Series A

    AI, SaaS, Healthcare

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    CPP Investments logo

    CPP Investments

    Toronto, Canada

    63 investments

    Growth, Series C

    Enterprise Software, Healthcare, Manufacturing

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    CIBC Innovation Banking logo

    CIBC Innovation Banking

    Toronto, Canada

    54 investments

    Growth, Series B

    Enterprise Software, SaaS, Healthcare

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    Investissement Québec logo

    Investissement Québec

    Montreal, Canada

    50 investments

    Seed, Series B

    Biotech & Life Sciences, Manufacturing, Mobility & Transportation

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    Desjardins Capital logo

    Desjardins Capital

    Montreal, Canada

    47 investments

    Seed, Series A

    Healthcare, Food & Agriculture, Manufacturing

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    Dapper Labs logo

    Dapper Labs

    Vancouver, Canada

    45 investments

    Seed, Series A

    Crypto & Web3, Gaming

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    Version One Ventures logo

    Version One Ventures

    Vancouver, Canada

    40 investments

    Seed, Series A

    AI, Crypto & Web3, Enterprise Software

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    MaRS IAF logo

    MaRS IAF

    Toronto, Canada

    39 investments

    Seed, Series A

    AI, Biotech & Life Sciences, Climate & Energy

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    Sectoral Asset Management logo

    Sectoral Asset Management

    Montreal, Canada

    36 investments

    Series B, Series C

    Healthcare, Biotech & Life Sciences

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    TELUS Global Ventures logo

    TELUS Global Ventures

    Vancouver, Canada

    34 investments

    Series B, Series A

    Healthcare, Telecom, Food & Agriculture

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    GTMfund logo

    GTMfund

    Vancouver, Canada

    33 investments

    Series A, Seed

    SaaS, Enterprise Software, AI

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    ArcTern Ventures logo

    ArcTern Ventures

    Toronto, Canada

    32 investments

    Series B, Series A

    Climate & Energy

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    Active Impact Investments logo

    Active Impact Investments

    Vancouver, Canada

    31 investments

    Seed, Series A

    Climate & Energy

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    MI

    Meta Investments Inc.

    Toronto, Canada

    30 investments

    Seed, Series A

    Crypto & Web3, Fintech

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    Leaders Fund logo

    Leaders Fund

    Toronto, Canada

    29 investments

    Series A, Seed

    SaaS, Enterprise Software

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    Ontario Teachers' Pension Plan logo

    Ontario Teachers' Pension Plan

    Toronto, Canada

    27 investments

    Growth, Series C

    Enterprise Software, Fintech, Infrastructure & Cloud

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    Shopify Ventures logo

    Shopify Ventures

    Ottawa, Canada

    26 investments

    Series A, Series B

    E-Commerce & Marketplace, Infrastructure & Cloud, Developer Tools

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    Cycle Capital logo

    Cycle Capital

    Montreal, Canada

    25 investments

    Series A, Series B

    Climate & Energy

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    Yaletown Partners logo

    Yaletown Partners

    Vancouver, Canada

    25 investments

    Series A, Seed

    AI, Climate & Energy, Data & Analytics

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    Round13 Capital logo

    Round13 Capital

    Toronto, Canada

    24 investments

    Series A, Series B

    SaaS, E-Commerce & Marketplace, AI

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    AQC Capital logo

    AQC Capital

    Montreal, Canada

    24 investments

    Seed, Pre Seed

    AI, Biotech & Life Sciences, Consumer

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    Brightspark Ventures logo

    Brightspark Ventures

    Montreal, Canada

    22 investments

    Seed, Series A

    SaaS, Fintech, E-Commerce & Marketplace

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    Vistara Growth logo

    Vistara Growth

    Vancouver, Canada

    21 investments

    Growth, Series B

    SaaS, Fintech, AI

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    Whitecap Venture Partners logo

    Whitecap Venture Partners

    Toronto, Canada

    21 investments

    Series A, Seed

    Enterprise Software, Healthcare, Food & Agriculture

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    Intact Ventures logo

    Intact Ventures

    Toronto, Canada

    20 investments

    Series B, Series A

    Insurance, Fintech, AI

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    Vanedge Capital logo

    Vanedge Capital

    Vancouver, Canada

    20 investments

    Series B, Series A

    AI, Data & Analytics, Hardware & Semiconductors

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    Kensington Capital Partners logo

    Kensington Capital Partners

    Toronto, Canada

    20 investments

    Series C, Series B

    AI, Robotics & Automation, Cybersecurity

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