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 11 cities, with 122 investment firms tracked by Goldilocks AI. The largest hubs are Toronto (59), Montreal (25), Vancouver (21).
Healthcare dominates the investment landscape in Canada, with 43% 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: 20 October 2026
Investment Firms
122
Total Investments
3,246
Top Sector
Fintech
Top Stage
Series A
Top Investment Sectors in Canada
The most popular sector focus among Canada investment firms is Healthcare, with 52 investment firms (43%) investing in the space. This is followed by AI (51), Fintech (44), SaaS (36), Enterprise Software (35).
Investment Stages in Canada
Canada investment firms are most active at the Series A stage (108 investment firms). This is followed by Seed (100), Series B (90), Growth (64), Series C (59).
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 (122)
Showing 1–36 of 122 investment firms
Inovia Capital
Montreal, Canada
164 investments
Seed, Series A
SaaS, AI, Cybersecurity …
BDC Capital
Montreal, Canada
150 investments
Series A, Series B
AI, Biotech & Life Sciences, Climate & Energy …
Real Ventures
Montreal, Canada
112 investments
Seed, Series A
AI, Enterprise Software, Fintech …
OMERS Ventures
Toronto, Canada
108 investments
Series B, Series A
Fintech, SaaS, AI …
Radical Ventures
Toronto, Canada
98 investments
Series A, Seed
AI
Export Development Canada
Ottawa, Canada
95 investments
Series A, Series C
Climate & Energy, Manufacturing, Infrastructure & Cloud …
Portage Ventures
Toronto, Canada
92 investments
Series A, Series B
Fintech
Georgian
Toronto, Canada
89 investments
Series C, Series B
AI, SaaS, Cybersecurity …
Investissement Québec
Montreal, Canada
88 investments
Seed, Series B
Biotech & Life Sciences, Manufacturing, Mobility & Transportation
CPP Investments
Toronto, Canada
87 investments
Series C, Growth
Enterprise Software, Healthcare, Manufacturing
Golden Ventures
Toronto, Canada
87 investments
Seed, Series A
AI, Consumer, SaaS …
Garage Capital
Kitchener, Canada
81 investments
Seed, Series A
AI, SaaS, Healthcare …
Version One Ventures
Vancouver, Canada
58 investments
Seed, Series A
AI, Crypto & Web3, Enterprise Software …
Dapper Labs
Vancouver, Canada
54 investments
Seed, Series A
Crypto & Web3, Gaming
Desjardins Capital
Montreal, Canada
54 investments
Seed, Series A
Healthcare, Food & Agriculture, Manufacturing …
Sectoral Asset Management
Montreal, Canada
46 investments
Series B, Series C
Healthcare, Biotech & Life Sciences
TELUS Global Ventures
Vancouver, Canada
45 investments
Series B, Series A
Healthcare, Telecom, Food & Agriculture …
MaRS IAF
Toronto, Canada
43 investments
Seed, Series A
AI, Biotech & Life Sciences, Climate & Energy …
CIBC Innovation Banking
Toronto, Canada
41 investments
Growth, Series B
Enterprise Software, SaaS, Healthcare …
Ontario Teachers' Pension Plan
Toronto, Canada
39 investments
Growth, Series D
Enterprise Software, Fintech, Infrastructure & Cloud …
ArcTern Ventures
Toronto, Canada
39 investments
Series B, Series A
Climate & Energy
GTMfund
Vancouver, Canada
35 investments
Seed, Series A
SaaS, Enterprise Software, AI
Meta Investments Inc.
Toronto, Canada
35 investments
Seed, Series A
Crypto & Web3, Fintech
Active Impact Investments
Vancouver, Canada
35 investments
Seed, Series A
Climate & Energy
Brookfield
Toronto, Canada
34 investments
Series C, Series D
Infrastructure & Cloud, Climate & Energy, PropTech …
La Caisse
Quebec City, Canada
33 investments
Series D, Growth
Enterprise Software, Fintech, AI …
FSTQ
Montreal, Canada
31 investments
Series A, Series B
Biotech & Life Sciences, Healthcare, Manufacturing …
Intact Ventures
Toronto, Canada
30 investments
Series A, Series B
Insurance, Fintech, AI …
Kensington Capital Partners
Toronto, Canada
30 investments
Series C, Series B
AI, Robotics & Automation, Cybersecurity …
Yaletown Partners
Vancouver, Canada
30 investments
Series A, Seed
AI, Climate & Energy, Data & Analytics …
Shopify Ventures
Ottawa, Canada
29 investments
Series A, Series B
E-Commerce & Marketplace, Infrastructure & Cloud, Developer Tools …
Leaders Fund
Toronto, Canada
28 investments
Series A, Seed
SaaS, Enterprise Software
Cycle Capital
Montreal, Canada
28 investments
Series B, Series A
Climate & Energy
BoxOne
Montreal, Canada
27 investments
Seed, Series A
Biotech & Life Sciences, AI, Food & Agriculture …
Round13 Capital
Toronto, Canada
26 investments
Series A, Series B
SaaS, E-Commerce & Marketplace, AI …
Sixty Degree Capital
Toronto, Canada
25 investments
Series B, Series D
AI, Biotech & Life Sciences, Cybersecurity …
Page 1 of 4