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    Intrepid Growth Partners

    Toronto, CanadaFounded 2023

    Intrepid Growth Partners is a growth-stage venture capital firm headquartered in Toronto, Canada with an additional office in London, UK, focused on backing paradigm-shifting companies powered by machine intelligence and AI. The firm was co-founded by former CPPIB CEO Mark Machin and Mark Shulgan, targeting growth-stage companies with proven revenue traction.

    Average disclosed round size is $157.3M (across 10 rounds with reported amounts).

    Find people at Intrepid Growth Partners on Goldilocks AI

    Portfolio

    11

    Fund Size

    $500M

    Top Stage

    Series C

    Last 12 Mo

    3

    Team

    Ajay Agrawal

    Ajay Agrawal

    Co-founder & Partner

    Mark Machin

    Mark Machin

    Co-founder & Managing Partner

    Mark Shulgan

    Mark Shulgan

    Co-founder & Partner

    Adrian Weller

    Adrian Weller

    Growth Partner

    Brian “Tap” Taptich

    Brian “Tap” Taptich

    Growth Partner

    GH

    George Hoyem

    Growth Partner

    George Hoyem

    George Hoyem

    Growth Partner

    John Tang

    John Tang

    Growth Partner

    Stephen Thorne

    Stephen Thorne

    Partner

    Talia Varley

    Talia Varley

    Growth Partner

    Graham Stirling-Moffet

    Graham Stirling-Moffet

    Director of Product

    Grant Wallace

    Grant Wallace

    Principal

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    16 investments
    CompanyRoundAmountDate
    Beacon logoBeaconSeries C$225MJun 2026
    Beacon logoBeaconSeries C$225MJan 2026
    Exein logoExeinGrowth—Dec 2025
    CoLab logoCoLabSeries C$72MNov 2025
    Blue J logoBlue JSeries D—Aug 2025
    PhysicsX logoPhysicsXSeries C—Jun 2025
    Skin Analytics logoSkin AnalyticsUnknown—Apr 2025
    StackAdapt logoStackAdaptGrowth$235MFeb 2025
    Blue J Legal logoBlue J LegalSeries D$122MJan 2025
    Beacon logoBeaconSeries B$250MJan 2025
    Blue J logoBlue JSeries D$122MJan 2025
    Skin Analytics logoSkin AnalyticsUnknown—Jan 2025
    Skin Analytics logoSkin AnalyticsSeries B—Jan 2025
    Exein logoExeinSeries B$15MJul 2024
    StackAdapt logoStackAdaptGrowth$235M—
    CCoLab SoftwareSeries C$72M—

    Top Co-Investors

    Last updated: 20 October 2026