GreenSky Ventures

GreenSky Ventures is a Toronto-based venture capital firm dedicated to investing in early-stage Canadian B2B startups. The firm focuses on intellectually property-rich, technically complex, and science-based ventures, with a particular emphasis on deep tech, enterprise software, information technology, cleantech, and medtech sectors. GreenSky Ventures typically deploys capital in Seed and Series A rounds, often taking a lead position with initial investments ranging from $1 million to $2 million. Their strategy involves building concentrated portfolios of 12 to 15 companies per fund, providing both capital and strategic guidance to high-growth potential companies.

The firm's origins trace back to 2010 when it was founded by Mike List. Initially operating by investing its own capital and offering advisory services in exchange for equity, GreenSky Ventures transitioned to a dedicated fund-based model in 2015 with the launch of its first venture fund, GreenSky Accelerator Fund I. Since this pivotal shift, the firm has consistently focused on backing promising early-stage Canadian technology startups, raising funds approximately every two years.

GreenSky Ventures has cultivated a diverse portfolio of 32 Canadian tech startups across its six funds. Notable investments include Derapi (business/productivity software), Brickeye (IoT for construction), Paidiem (financial software), AiDant (AI for security cameras), Anessa (biogas plant software), Cyclica (drug discovery, acquired by Recursion), RANK Software (cybersecurity, sold to Arctic Wolf), Phenotips (genomic health record), ProNavigator (insurance knowledge management, acquired by Guidewire), Pulse Industrial (IoT for steam traps), Pyrowave (plastic recycling), SYMX.AI (predictive maintenance AI), Trolley (global payments), Weever (workflow tools), and Wisedocs (AI for medical briefs). The firm has also achieved successful exits with companies such as Akira Health (sold to Telus Health), Mirexus Biotechnologies, and Ontopical.

The GreenSky Ventures team is comprised of a multi-disciplinary group of professionals, including Founder and Managing Partner Mike List, Managing Partners Marian Hoffmann and Jeff Brunet, Partner Greg Stewart, Chief Technologist Valdis Martinsons, Partner Neil Peet, Principal Moien Giashi, Senior Associate Justin Dunnion, Investor Relations Manager Victoria McCowan, and Controller Jessie Poon. This diverse expertise, spanning technology, law, finance, and entrepreneurship, enables the firm to provide comprehensive support and strategic guidance to its portfolio companies throughout their growth journey.