
AISaaSHealthcareRobotics & AutomationFintechE-Commerce & MarketplaceBiotech & Life SciencesClimate & EnergyDefense & Space
Garage Capital is an early-stage venture capital firm built by founders for founders, based in Kitchener-Waterloo, Canada. The firm invests in best-in-class Canadian and YC startups at the pre-seed and seed stages, helping them jump from garage to growth.
Deal activity increased 75% year-over-year (7 deals in the last 12 months). Their most common stage is seed (43% of deals). Average disclosed round size is $14.9M (across 66 rounds with reported amounts).
Portfolio
67
Fund Size
—
Top Stage
Seed
Last 12 Mo
12
Team
ML
Michael Litt
Co-Founder & General Partner
MM
Mike McCauley
Cofounder and General Partner
HW
Henry Wong
Managing Director
DG
Devon Galloway
Active early-stage investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
82 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series B | $65M | Jul 2026 | |
| Series A | — | Jun 2026 | |
| Pre-Seed | $1.6M | Apr 2026 | |
| Seed | $7.5M | Feb 2026 | |
| Series A | $50M | Jan 2026 | |
| Pre-Seed | $4.5M | Jan 2026 | |
| Unknown | $7.2M | Jan 2026 | |
| Series B | $88M | Jan 2026 | |
| Series C | — | Jan 2026 | |
| Pre-Seed | $4.5M | Jan 2026 | |
| LLoon | Pre-Seed | $3M | Oct 2025 |
| GGain | Seed | $12M | Sep 2025 |
| Seed | $5.9M | Jul 2025 | |
| Seed | $7M | Feb 2025 | |
| FFloat Financial | Series B | $48.5M | Jan 2025 |
| Series B | $48.5M | Jan 2025 | |
| Series B | — | Jan 2025 | |
| Series A | $10M | Sep 2024 | |
| Series A | $33M | Apr 2024 | |
| Seed | $3.3M | Jan 2024 | |
| Seed | $9M | May 2023 | |
| Seed | $2.7M | Feb 2023 | |
| Seed | $6M | Oct 2022 | |
| Pre-Seed | $3M | Jun 2022 | |
| Unknown | $4.1M | May 2022 |
Page 1 of 4
Top Co-Investors
Y Combinator19 shared
Golden Ventures10 shared
OMERS Ventures7 shared
Inovia Capital7 shared
BDC Capital6 shared
Kindred Ventures5 shared
Craft Ventures5 shared
Tiger Global Management, LLC5 shared
Global Founders Capital5 shared
FJ Labs4 shared
Slow Ventures4 shared
8VC4 shared
Pioneer Fund4 shared
Amplify Partners4 shared
Haystack4 shared
Felicis3 shared
Active Impact Investments3 shared
N49P3 shared
Palm Drive Capital3 shared
Two Small Fish Ventures3 shared
Last updated: 9 September 2026