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    N49P

    Toronto, CanadaFounded 2018

    N49P is a Canadian pre-seed venture capital firm based in Toronto that backs exceptional technology founders at the earliest stages. The firm provides capital, community, and hands-on support to help founders launch and scale globally competitive companies.

    They made 1 investment in the last 12 months. Their most common stage is seed (43% of deals). Average disclosed round size is $7.7M (across 21 rounds with reported amounts).

    Find people at N49P on Goldilocks AI

    Portfolio

    24

    Fund Size

    $25M

    Top Stage

    Seed

    Last 12 Mo

    1

    Team

    Alex Norman

    Alex Norman

    Partner

    Doug Penick

    Doug Penick

    Partner

    Omar Dhalla

    Omar Dhalla

    Partner

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    30 investments
    CompanyRoundAmountDate
    Wygo logoWygoPre-Seed$1.6MApr 2026
    Dessn logoDessnPre-Seed$6MJan 2026
    Floqer logoFloqerPre-Seed—Jan 2026
    Floqer logoFloqerPre-Seed$2MJan 2025
    Baseline Lending logoBaseline LendingUnknown—May 2024
    Deskree logoDeskreeSeed$1.5MSep 2023
    Quandri logoQuandriSeries A$8.5MJun 2023
    Vivid Machines logoVivid MachinesSeed$4.3MApr 2023
    Deskree logoDeskreeSeed$1.5MJan 2023
    Kento logoKentoPre-Seed$3MJan 2023
    HumanFirst logoHumanFirstSeed—Jan 2023
    AssistIQ logoAssistIQSeries A$11.5MJan 2023
    Zenbase logoZenbaseUnknown$4.1MMay 2022
    MMoves FinancialSeed$5MMay 2022
    Key logoKeySeed—Jan 2022
    WWalnut InsuranceSeed$4.6MJan 2022
    Altrio logoAltrioSeed$2MAug 2021
    Visualping logoVisualpingSeed$6MJul 2021
    RRailz.aiSeries A$12MMay 2021
    GGetwareUnknown$1.4MJan 2021
    RRailz.aiSeed$3.1MJan 2020
    Spellbook logoSpellbookSeries B$50MJan 2019
    Railz logoRailzSeries A$12M—
    Tengiva logoTengivaSeed——
    TTripleplayUnknown$1M—
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    Top Co-Investors

    Last updated: 7 October 2026