GroundBreak Ventures is a Toronto-based venture capital firm and the venture arm of the Hopewell Group of Companies, specializing in real estate and property technology (PropTech) investments. The firm invests as early as the pre-seed stage in technologies across the housing value chain, aiming to make housing more affordable, scalable, and resilient.
Their most common stage is seed (43% of deals). Average disclosed round size is $6.1M (across 13 rounds with reported amounts).
Portfolio
14
Fund Size
—
Top Stage
Seed
Last 12 Mo
0
Team
LF
Lawrence Fan
Venture Partner
NK
Navin Kaminoulu
CORPORATE DEVELOPMENT PARTNER
SL
Sanders Lee
PARTNER
JK
Jason Kraatz
Director
AR
Anvay Rai
INVESTMENT ASSOCIATE
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
14 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Chexy | Seed | — | Jun 2024 |
 Evercloak | Seed | $2M | Feb 2024 |
 Local Logic | Series B | $13M | Aug 2023 |
 PLOT | Seed | $2M | Jun 2023 |
 Modulous | Series A | $11.7M | Sep 2022 |
 AirWorks | Growth | $5M | Jul 2022 |
 Enertiv | Series A | $9M | May 2022 |
| OOneRoof | Seed | $1.3M | Oct 2021 |
| GGoFor | Series A | $15.7M | Jan 2018 |
 Rosarium Health | Seed | $1.7M | — |
 INDUS.AI | Series A | $8M | — |
 Desana | Pre-Seed | $7.4M | — |
 Crewscope | Pre-Seed | $1M | — |
 Green Badger | Seed | $1.1M | — |
Top Co-Investors
Suffolk Technologies2 shared
MetaProp2 shared
Commonweal Ventures1 shared
Slow Ventures1 shared
Investissement Québec1 shared
Desjardins Capital1 shared
Cycle Capital1 shared
Second Century Ventures1 shared
Kleiner Perkins1 shared
CPT Capital1 shared
Dream Machine1 shared
General Catalyst1 shared
Third Sphere1 shared
KCRise Fund1 shared
Iron Prairie Ventures1 shared
SFV Capital1 shared
Blackhorn Ventures1 shared
Cemex Ventures1 shared
Cultivation Capital1 shared
PSG1 shared
Last updated: 8 September 2026