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    Sarona

    Kitchener, CanadaFounded 1953

    Sarona Asset Management is a private equity fund-of-funds manager investing growth capital in small and mid-market companies across frontier and emerging markets. The firm targets competitive financial returns alongside positive social and environmental impact, with its latest fund (Sarona Frontier Markets Fund 3) capitalized at $300M.

    They made 2 investments in the last 12 months. Average disclosed round size is $20.6M (across 14 rounds with reported amounts).

    Find people at Sarona on Goldilocks AI

    Portfolio

    14

    Fund Size

    $300M

    Top Stage

    Series A

    Last 12 Mo

    2

    Team

    Serge LeVert-Chiasson

    Serge LeVert-Chiasson

    Managing Partner, Chief Compliance Officer

    Emre Karabekirogullari

    Emre Karabekirogullari

    Managing Director, Investments

    Mat LeRoux

    Mat LeRoux

    Partner, Head of Finance and Operations

    Patrick Hergt

    Patrick Hergt

    Partner, Head of Business Development

    Ralitsa Rizvanolli

    Ralitsa Rizvanolli

    Partner, Head of Investments

    Marie Torres

    Marie Torres

    Director of Impact

    Tonia Krauser

    Tonia Krauser

    Director of Marketing & Communications

    Funmi Makinwa

    Funmi Makinwa

    Senior Investor Relations Associate

    Kristina Kuznetsova

    Kristina Kuznetsova

    Senior Impact Associate

    Pulkit Baid

    Pulkit Baid

    Investment Associate

    Waroon Chhabra

    Waroon Chhabra

    Senior Investment Associate

    Quan Tran

    Quan Tran

    Investment Analyst

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    16 investments
    CompanyRoundAmountDate
    Winn logoWinnSeries A$18MFeb 2026
    Visitt.io logoVisitt.ioSeries B$22MJan 2026
    Crowded logoCrowdedSeries A$7.5MJan 2025
    CCrediclubUnknown$80MJan 2024
    Hexa 3D logoHexa 3DSeries A$20.5MMar 2023
    Napo logoNapoSeries A—Nov 2022
    buywith logobuywithSeed$9.5MMay 2022
    radd logoraddPre-Seed$200KJan 2022
    SpinFrame Technologies logoSpinFrame TechnologiesPre-Seed$8MJan 2022
    Salvador Technologies logoSalvador TechnologiesSeed$6M—
    WINN.AI logoWINN.AISeries A$18M—
    WWananchi Group HoldingsGrowth$57.5M—
    Hexa 3D logoHexa 3DPre-Seed$1.2M—
    Hexa 3D logoHexa 3DSeed$5.5M—
    YYuzuSeries A$35M—
    6Degrees LTD logo6Degrees LTDPre-Seed——

    Top Co-Investors

    Last updated: 7 October 2026