SeedRound Media
Rushed for time? Here is the top 5 Early Stage Venture investors for SaaS startups. Scroll down for more information on these investors or to view the rest of the investors.
Name | Website | Stages | Location | Socials |
|---|---|---|---|---|
TELUS Ventures | Early Stage Venture, Late Stage Venture, Seed | Vancouver, British Columbia, Canada, North America | ||
L-SPARK | Early Stage Venture, Late Stage Venture, Seed | Ottawa, Ontario, Canada, North America | ||
Vanedge Capital | Early Stage Venture, Late Stage Venture, Seed | Vancouver, British Columbia, Canada, North America | ||
Information Venture Partners | Early Stage Venture, Seed | Toronto, Ontario, Canada, North America | ||
Ripple Ventures | Early Stage Venture, Seed, Venture | Toronto, Ontario, Canada, North America |
At SeedRound we track over 200,000 investors and over 1,000,000 people who hold key positions in these firms. We use this directory of investors to highlight top employees, LP’s and funding organisations we think deserve more appreciation than they are currently getting.
We’ve ranked the top SaaS Early Stage Venture investors in Canada. The companies, startups and institutions listed in this article are all exceptional companies, well worth a follow. We have included links to their websites, socials and CrunchBase (if you’re interested in their financials).
We selected the organisations listed in this article based on:
- Track record
- Executive leadership
- Market share
- Innovation
- ESG rating
Our Data – We source our data from OSINT (open source intelligence) and public directories such as Crunchbase, SemRush and many more. The data from these sources should be treated with a degree of caution and verified yourself.
Top SaaS Investors & Funds (Canada)
TELUS Ventures
TELUS Ventures is the strategic investment arm of TELUS Corporation and one of Canada’s most active and longest-standing corporate venture capital (CVC) funds. Since 2001, TELUS Ventures has invested in and advised more than 85 companies that address some of the biggest opportunities and challenges in digital health, IoT, AgTech, digital security and connected consumer sectors. TELUS Ventures is on a mission to seamlessly connect millions of people, companies and communities by strategically investing in the most advanced and innovative solutions that deliver value to our business and customers, fuel economic growth and deliver a positive social impact. We are stage agnostic in our approach, and write cheques anywhere from $500,000 to $15M; We focus on horizon 2 / horizon 3 investment opportunities in early stage companies that are synergistic to TELUS and allow us to expand into new markets beyond the traditional telecommunications sector. We work with best-in-class partners to source, nurture and scale innovation. Our established partner network includes leading incubator, accelerator and global co-investment partners as well as a global consortium of telecom companies with CVC arms. TELUS Ventures is actively involved in portfolio companies, working directly with management. Our team members regularly act as board members and board observers, lending leadership and experience to guide their growth and success. We provide access to TELUS’ technologies and broadband networks and opportunities to promote our portfolio companies’ solutions across our ecosystem.
Stages: Early Stage Venture, Late Stage Venture, Seed
Location: Vancouver, British Columbia, Canada, North America
Industries: AgTech, Artificial Intelligence, Consumer, FinTech, Health Care, Internet of Things, Quantum Computing, SaaS, Security, Venture Capital
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L-SPARK
The L-SPARK Accelerator is the destination for market ready SaaS and cloud companies to connect with Canada’s SaaS experts. The L-SPARK acceleration model positions companies to propel their revenues to $100k MRR and beyond. Leveraging established relationships with key venture capital firms, angel investors, and the investment community at large, L-SPARK’s goal is to scale Canada’s best in SaaS to 10 x revenue growth and Series A funding. L-SPARK is also driving innovation with its two corporate accelerators. With BlackBerry QNX, L-SPARK works with autonomous vehicle companies to focus on connected car technologies and with TELUS, BlackBerry and Solace, L-SPARK works on secure IoT solutions. Through these initiatives, L-SPARK pairs multi-national organizations with startups to create fruitful collaborations. To date, L-SPARK has accelerated 51 companies with over 50% of those companies raising follow-on funding, which now totals over $45M. The companies are headquartered across Canada and exist in verticals such as SaaS, AV, IoT, cybersecurity and more.
Stages: Early Stage Venture, Late Stage Venture, Seed
Location: Ottawa, Ontario, Canada, North America
Industries: Autonomous Vehicles, Cloud Computing, Enterprise Software, Internet of Things, SaaS
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Vanedge Capital
Vanedge Capital is a venture capital firm which invests in the enterprise software, cloud infrastructure, security, digital media and cloud computing sectors. The firm targets companies that are post-revenue with a fast-growing user base and have demonstrated product market fit.
Stages: Early Stage Venture, Late Stage Venture, Seed
Location: Vancouver, British Columbia, Canada, North America
Industries: Cloud Computing, Cloud Infrastructure, Cyber Security, Digital Media, Geospatial, Internet of Things, Marketing Automation, SaaS
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Information Venture Partners
Information Venture Partners is an entrepreneur friendly, Toronto-based, early stage, venture fund focused on North American enterprise and financial technology companies. As pioneer investors in SaaS companies, they understand the key success factors in building enterprise software, analytics platforms and the social enterprise companies. Their 2-decades of experience with global financial institutions has also provided us a unique lens on identifying and growing financial technology companies. The fund was founded in 2001 as RBC Venture Partners (the venture capital affiliate of Royal Bank of Canada), and in 2014, with the strong support of leading institutional limited partners, established its independence as Information Venture Partners. Their philosophy hasn’t changed through the cycles and many fads of venture capital. They don’t chase trends, they identify disruptive opportunities. They exist to assist great entrepreneurs with brilliant visions solving significant and difficult problems on the road to mutual success. They seek out the best companies in their areas of focus, in Canada and the U.S. While they are often the first institutional investors in their companies, they actively seek like-minded, quality co-investors equally committed to the success of their investees. For the right opportunity, they will invest in growth stage venture-backed companies. Information Venture Partners brings its decades of experience, expansive advisor network, proprietary tools and common sense to their investments. They make certain that they do not manage their portfolio companies, the entrepreneurs and leadership teams they back, do. They commit to support them as much and as often as needed; they are there for their companies.
Stages: Early Stage Venture, Seed
Location: Toronto, Ontario, Canada, North America
Industries: Finance, Financial Services, SaaS, Venture Capital
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Ripple Ventures
Ripple Ventures is an early-stage venture fund that focuses on investing in pre-seed to early Series A companies building B2B software across North America. The firm’s goal is to support entrepreneurs who revolutionize the most competitive global industries by solving difficult problems with unique solutions.
Stages: Early Stage Venture, Seed, Venture
Location: Toronto, Ontario, Canada, North America
Industries: Enterprise Software, SaaS, Venture Capital
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7 Gate Ventures
7 Gate Ventures is an early-stage venture capital firm investing in early-stage startups from Seed to pre-Series A in the technology industry, with a sector focus on software, SaaS, cloud services, marketplaces, mobile apps and solutions, Big Data/Analytics, Blockchain, FinTech, and HealthTech. Assembled by a group of serial entrepreneurs specializing in tech, operational expertise, and venture capital. 7 Gate Ventures brings key industry connections, decades of international venture-building experience and foresight to effectively strategize, mentor, and scale new businesses. 7 Gate Ventures was founded in 2015 and is headquartered in Vancouver, Canada.
Stages: Early Stage Venture, Seed
Location: Vancouver, British Columbia, Canada, North America
Industries: Cloud Data Services, E-Commerce, FinTech, SaaS, Software, Venture Capital
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Jefferson Partners
Jefferson Partners is a venture capital firm specializing in seed and early stage and core investments in established companies. It prefers to make invest in companies engaged in the web 2.0 and disruptive web driven technologies, telecommunications infrastructure technology, internet technology, and applications software and services sectors. Jefferson Partners typically invests between CAD $0.25 million ($0.26 million) and CAD $2 million ($2.06 million) and core investments between CAD $5 million ($5.14 million) and CAD $15 million ($15.43 million) in portfolio companies which have projected sales of at least CAD $100 million (USD $102.88 million). It seeks to acquire a board position in its portfolio companies. David Folk and Jack Kiervin founded Jefferson Partners in 1987. It has its headquarters in Toronto in Ontario.
Stages: Early Stage Venture, Late Stage Venture
Location: Toronto, Ontario, Canada, North America
Industries: Angel Investment, Financial Services, Impact Investing, SaaS, Venture Capital
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Propulsion Ventures
Propulsion Ventures is a Telesystem-sponsored venture capital firm that invests in early-stage software companies in Canada. It was founded in 1995 with offices in Montreal, Boston, London, and Johannesburg. The founding partners of Propulsion have grown their impressive track record in managing multiple funds into a solid reputation for providing skilled support to entrepreneurs. The Montreal-based firm is widely considered an investor of choice in the Montreal, Ottawa, Toronto and Quebec City markets. In 2005, Propulsion received the “Deal of the Year Award” from the Canadian Venture Capital Association.
Stages: Early Stage Venture, Seed
Location: Montréal, Quebec, Canada, North America
Industries: Finance, Financial Services, SaaS, Software, Venture Capital
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METABRIDGE
Each year Metabridge selects the most innovative, Scale-up technology companies from hundreds that apply across the country to join their program. This is an extremely competitive process and each successful founder is recognized and showcased at the Metabridge LIVE event in the Beautiful Okanagan Valley of British Columbia, Canada. Founders are placed into interactive programs and introduced to invite-only influencers to help take their company to the next level. Since 2008, 21 of the Metabridge Top Founders have been acquired and over $785M in investment has been raised by alumni. The Metabridge Mentorship Program will help you navigate inevitable challenges + guide you to through potential growth opportunities. Our program provides a confidential sounding board, 1-on-1 thinking room with a dedicated Mentor, + support for working through crucial + often complex decisions.
Stages: Early Stage Venture, Non Equity Assistance, Seed, Venture
Location: Kelowna, British Columbia, Canada, North America
Industries: Consulting, Information Technology, Professional Networking, SaaS, Social Entrepreneurship, Software, Venture Capital
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Badhouse Ventures
Badhouse Ventures is a boutique VC that invests first, Pre-Seed, and supports founding teams with beta-version software products and platforms (SaaS, AI, web3). It focuses on startups in Canada, primarily west of Toronto/Waterloo. The investment thesis is centered on increasing the chance of founder success by providing hands-on support by a network of former startup founders & operators. Thematic areas of focus: “smarter communities” (the changing nature of work, environmental sustainability, etc.) and “smarter data systems” (security, traceability, decentralization, etc.).
Stages: Early Stage Venture, Seed
Location: Vancouver, British Columbia, Canada, North America
Industries: B2B, Cloud Data Services, Information Technology, Internet, SaaS, Software
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InterGen Capital
InterGen Capital is not-for-profit with a mandate to re-design, re-energize, and build up the economy. It deploys capital into post-seed, pre-Series A companies led by extraordinary teams with proven solutions and big markets. The firm has a strong network of retired and transitioning executives looking to engage with innovative companies emerging from start-up to scale-up. InterGen Capital was founded in 2018 and is located in Calgary, Alberta.
Stages: Early Stage Venture, Seed
Location: Calgary, Alberta, Canada, North America
Industries: Finance, Financial Services, SaaS, Venture Capital
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TeraVault Ventures
TeraVault Ventures comprises of seasoned Entrepreneurs and Angel Investors and Advisors who help Founders build value in their ventures towards an exit via corporate merger or acquisition. Our investing Partners have built and exited from successful technology and ecommerce ventures within 3-5 years of operational growth in the amounts of 13 million (USD), 16 million (CAD), 20 million (UDS), 35 million (GBP), 41 million (GBP), and an IPO of over 200 million (USD) valuation.
Stages: Early Stage Venture, Late Stage Venture, Seed
Location: Vancouver, British Columbia, Canada, North America
Industries: Angel Investment, Information Technology, SaaS, Software, Venture Capital
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