Leaders Fund is a venture capital firm that invests in early-stage enterprise SaaS companies. Founded in 2016 and headquartered in Toronto, Canada, the firm partners with founders leveraging the shift to cloud, mobile, and machine learning across North America and Israel.
Their most common stage is series-a (40% of deals). Average disclosed round size is $44.4M (across 37 rounds with reported amounts).
Portfolio
28
Fund Size
$100M
Top Stage
Series A
Last 12 Mo
5
Team
Ron Binns
Finance
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
45 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Matia | Series A | — | Feb 2026 |
 Matia | Series A | $21M | Feb 2026 |
 Matia | Series A | $21M | Feb 2026 |
 Upwind | Series B | $250M | Jan 2026 |
| UUpwind Security | Series B | $250M | Jan 2026 |
 Vellum | Series A | — | Jul 2025 |
| Upwind | Series A | $100M | Dec 2024 |
| Matia | Series A | — | Oct 2024 |
 Toolpath | Seed | $10M | Sep 2024 |
 Ask AI | Series A | $11M | Jan 2024 |
| Toolpath | Seed | $10M | Jan 2024 |
| Upwind | Series A | $100M | Jan 2024 |
| UUpwind Security | Series A | $100M | Jan 2024 |
| Upwind | Series B | — | Sep 2023 |
 Qwak | Series A | $12M | Mar 2023 |
 Vellum | Series A | $20M | Jan 2023 |
| Upwind | Series A | $50M | Jan 2023 |
 Mantle | Seed | $10.5M | Jan 2022 |
 Drata | Series A | $25M | Jun 2021 |
| Drata | Seed | $3.2M | Jan 2021 |
 Ada Support | Series B | $44M | Mar 2020 |
 TopHat | Series D | $55M | Feb 2020 |
 Spatial | Series A | $14M | Jan 2020 |
| TopHat | Series C | $22.5M | Jan 2020 |
 Top Hat | Series D | $55M | Jan 2020 |
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Top Co-Investors
Greylock Partners9 shared
Craft Ventures9 shared
Cyberstarts9 shared
Bessemer Venture Partners8 shared
Caffeinated Capital7 shared
Secret Chord Ventures7 shared
Penny Jar Capital5 shared
TCV5 shared
Alta Park Capital5 shared
Sheva4 shared
Salesforce Ventures4 shared
Red Dot Capital Partners4 shared
Picture Capital3 shared
Inovia Capital3 shared
GG13 shared
Cowboy Ventures2 shared
SV Angel2 shared
Emergence Capital2 shared
Union Square Ventures2 shared
Georgian Partners2 shared
Last updated: 7 October 2026