Venture Capital Firms in Montreal

Cycle Capital is a prominent ClimateTech venture capital platform dedicated to scaling impactful and sustainable innovation. The firm invests in growing companies across North America, Europe, and Asia, focusing on technologies that address major ecological challenges and contribute to a net-zero transition. Their investment strategy targets companies with high growth potential, innovative intellectual property, and cutting-edge technology that optimize resource use, reduce greenhouse gas emissions, and improve industrial processes.Founded in 2009 by Andrée-Lise Méthot, who serves as Founder and Managing Partner, Cycle Capital has grown to manage a platform of seven funds. The firm is recognized as a pioneer in Canadian cleantech venture capital fund management and is an impact investor. Cycle Capital is also the founder of Cycle Momentum, an accelerator and open innovation platform for clean technologies, and a co-founder of the Beyond the Billion initiative, which aims to mobilize investors to support female entrepreneurs.Cycle Capital's portfolio spans various critical sectors, including clean energy, sustainable mobility, green chemistry, smart cities, sustainable agriculture, and water technologies. Notable investment areas include DeepTech (microelectronics, photonics, digitalization), circular innovation, and advanced manufacturing. The firm actively supports its portfolio companies through strategic and operational expertise, aiming to propel them to global success while delivering both attractive financial returns and significant environmental benefits.The team at Cycle Capital comprises seasoned investment professionals and strategic advisors with deep sector knowledge. Key members include Managing Partner Claude Vachet, Senior Partners Amit Srivastava, Shirley Speakman, and Christian Bourque, and Partners Daniel Pinault, Natalya Novikov (former CFO), Ariane Cloutier (CFO), Pascal Drouin, and Catherine Bérubé. The firm emphasizes diversity and inclusion, integrating ESG and impact assessment methodologies throughout its investment workflow from pre-investment to exit.

Impression Ventures is a Toronto-based early-stage venture capital firm founded in 2013, specializing in fintech startups that disrupt and democratize financial services across North America. The firm leads or co-leads Seed rounds, typically investing $1M-$2M (up to $3M in some cases) in rounds of $2M+, targeting companies with a built initial product (MVP or beta) and first customer acquired. Backed by Canadian financial institutions like BMO and CIBC, it has closed three funds prior to its fourth at $64M in 2022, with 84% of investments (excluding current fund) advancing to Series A or exit—5x the industry average.Investment focus spans innovative fintech solutions such as AI-enhanced underwriting, next-generation data analytics for credit assessment, robo-advising, advanced investment management, banking, payments, insurance, and consumer-empowering technologies that uplift traditional finance operations. Beyond capital, Impression Ventures provides hands-on partnership, leveraging entrepreneurial and financial expertise for network introductions, financial modeling, go-to-market strategies, hiring support, advertising copy, and industry insights via its Insight Series—prioritizing founder-friendly NVCA term sheets without burdensome conditions.Key team includes Founder & Managing Partner Christian Lassonde, Managing Partner Maor Amar, and Associate Quinn Murdock, all based in Toronto. The firm supports high-growth entrepreneurs, emphasizing conviction investing in 2-3 deals annually per fund, with a track record in sectors like healthcare and retail alongside core fintech.

Lalotte Ventures is an early-stage venture capital firm supported by the Garber-Boucher Family Office, dedicated to investing in groundbreaking technology companies that are shaping the future. The firm's mission is to identify and support pioneers who are driving meaningful change across various industries, from disruptive tech startups to sustainable solutions. They operate with the flexibility of a family office-backed firm, allowing them to be patient, fair, and committed long-term investors focused on maximizing returns.Founded in 2021, Lalotte Ventures was established to serve as a platform for the next generation of investors to drive value within the tech ecosystem. The firm aims to act as a catalyst for positive change and innovation by backing visionary entrepreneurs. With its corporate office based in Montreal, Canada, Lalotte Ventures maintains a global perspective in its investment strategy.The firm's portfolio showcases a diverse range of investments, initially focusing on sports, media, and entertainment sectors, but expanding to include artificial intelligence (AI) and consumer technology. Notable exited investments include Xposure Music for music catalog financing, Tixel for a trusted ticket marketplace, SAM Seamless Network for cybersecurity services, PrivacyHawk for personal data protection, and Sports IQ for models in the US sports betting industry. Other exited companies span areas like enterprise software for scent formulation (MOODIFY), mobile gaming (BRING IT ON, Voldex), social media content management (BRKAWAY), sports analytics (ZOOMPH, Baseline Vision, Track 160), and a Christian worship app (Glorify).Lalotte Ventures prides itself on not just providing capital, but also strategic partnerships, mentorship, and unwavering support to empower entrepreneurs. The investment team comprises dynamic and ambitious young professionals, complemented by seasoned fund management and advisors with diverse expertise in venture capital, startups, and industry-specific knowledge. Key team members include Dylan Garber, Ryan Garber, Gregory Walfish, Paul Wharshavsky, Shane Liquornik, Josh Liquornik, Zoia Kozakov, Cooper Young, Sergio A. Escobar, Bonnie Chau, Matthew Shannon, Louis-François Hogue, Phil Cutler, and Julien Lachere. This collective expertise and extensive network are leveraged to fuel the growth and success of their portfolio companies.

Mavrik Corp. is a Montreal-based family office engaged in a diverse range of investment and financing activities across various asset classes. The firm places a strong emphasis on innovation, entrepreneurship, and responsible investing, actively seeking opportunities with companies and funds that demonstrate a positive impact. Their focus areas include environmental sustainability, food and agriculture, and social responsibility, supporting disruptive leaders aiming for paradigm shifts in these sectors.The firm was founded by Mark Pathy, who serves as its CEO and Chairman. Prior to establishing Mavrik, Mr. Pathy held significant leadership roles as President and CEO of Fednav International Ltd., an international dry bulk shipping company, and co-CEO of its parent company, Fednav Limited. He continues to be a member of Fednav's Board of Directors and also chairs the Board of Stingray Group Inc., a publicly traded music, media, and technology company.As a family office, Mavrik Corp. has made strategic investments, including a seed round in Ferme d'Hiver, a company focused on vertical farming to enhance food self-sufficiency and environmental protection. This investment highlights Mavrik's commitment to the food and agriculture technology sector and impact-driven opportunities.The leadership team at Mavrik brings extensive experience from diverse backgrounds. Bradley White, President and Chief Investment Officer, has a background in commercial law, finance, and family office management, including roles at Skadden, Arps, UBS Investment Bank, and the Westminster Group. Daniel Bernier, Vice President of Operations, has expertise in finance, strategic operations, and tax planning from previous roles at asset administrators and national accounting firms. Edward Portet, Vice President of Finance, previously served as CFO for Weinberg Capital Partners and held finance positions at global corporations like Valeo, L'Oréal Groupe, and Groupe Casino. The team also includes Gabriel Lortie, Cedrik Paquin-Henri, and Aafsheen Rizvi, who contribute to finance and investment analysis, particularly for impact-focused opportunities.

Portage is a global investment platform specializing in fintech and financial services. Founded in 2016 by Adam Felesky and Paul Desmarais III, Portage partners with innovative companies across all stages, providing flexible capital alongside a global network of investors, commercial partners, advisors, and value creation experts. The firm is committed to supporting entrepreneurs reshaping financial services worldwide.With over $5.7 billion in assets under management and more than 115 portfolio partners across 13 countries, Portage combines deep industry knowledge with entrepreneurial experience. Their dedicated Value Creation team offers hands-on support in go-to-market strategies, technology and cybersecurity, business acceleration, mergers and acquisitions, and partnership origination to accelerate portfolio company growth.Portage operates as the venture capital arm of Sagard, a global multi-strategy alternative asset management firm with $32 billion under management. The firm maintains offices in Montreal, Toronto, New York, Paris, London, and Singapore, leveraging a thesis-driven investment approach focused on fintech verticals such as insurance technology, consumer and small business finance, wealth and asset management, and fintech infrastructure. Portage emphasizes long-term partnerships, rigorous analysis, and collaborative value creation to help portfolio companies scale globally.

Sand Hill North is an early-stage venture capital firm that focuses on pre-seed, seed, and Series A investments in innovative software startups. The firm is dedicated to backing visionary entrepreneurs who leverage technology to create positive change and disrupt their respective industries. With a values-driven approach, Sand Hill North prioritizes integrity, long-term growth, and purpose-driven businesses, aiming to be a valuable partner by offering honest insights, tactical advice, and access to a robust professional network.The firm was founded in 2021 and operates as the venture arm of a Canadian family office. Its investment philosophy is rooted in a deep commitment to building businesses guided by integrity and purpose, a principle championed by its President and CEO, Dave Brereton. Sand Hill North seeks high-potential founders with proven track records, deep domain knowledge, and well-rounded experience, evaluating startups for their capacity to measurably disrupt, innovate, and scale.Sand Hill North's portfolio includes a diverse range of technology companies. Notable investments feature SimCare AI, a provider of AI-powered clinical training simulations; Zeffy, which offers cloud-based suite solutions for nonprofit organizations; and Wisely, an AI-based productivity tool for fundraisers. Other portfolio companies include Enurgen, a platform for grid management solutions; QuoteMachine, a provider of business suite solutions; and eWebinar, a cloud-based platform for webinar marketing. The firm also has investments in companies like Autosana, DeepAware AI, Kirana AI, and Social.mom, reflecting its broad interest across various software and AI-driven sectors.The investment team at Sand Hill North comprises experienced founders and business operators. Dave Brereton, President and CEO, brings a long history of entrepreneurship, having founded Tecsys Inc., a supply chain software company. Dennis Clark, Partner and CFO, provides extensive financial clarity and insight from over 30 years of experience across non-profit and for-profit sectors. Ryan Henry, Partner, contributes over a decade of leadership in scaling high-growth engineering, product, and AI organizations, with a background in FinTech, SaaS, and machine learning products, and actively mentors numerous startups.