Canada · Investor

Diagram

Last cheque observed Sep 2026; 5 cheques on record.

Deploying nowNew fund, Oct 2024Venture studio

Pre-seedSeedFintechClimatetech

Deploying now
100%of best year4cheques in 12 months, 5 on record
Since the last cheque55days00hrs00min00sec
Median round$15MRounds led5 of 5Mostly inUnited States, 60%
Pitch Diagram

Diagram highlights

  1. 01

    4 cheques in the last 12 months

  2. 02

    Mostly Seed and Series A: 60% of its rounds

  3. 03

    Led 5 rounds

What they do

We build and invest in Fintech and Climatetech companies. Since 2016 we’ve launched 25+ ventures, building them from the ground up and helping them scale.From their own website
Type
Venture studio
Cheque size
Not stated
Stages
Pre-seedSeed
Sectors
FintechClimatetech
Based in
Montreal, Canada
Cold pitches
Accepted

The record

Every round we can evidence, newest first5 appearances

  1. 2026

    4 rounds

  2. Sept
    Sweet TechnologiesSeed · CA · BetaKit$7.4MLed
  3. Jul
    Curant.aiSeed · US · Diagram$3.1MLed
  4. Jun
    NestoSeries E · CA · Diagram$302MLed
  5. Jan
    AlpacaSeries D · US · Diagram$150MLed
  6. 2025

    1 round

  7. Mar
    SyncteraSeries A · US · 1st & Main Growth Partners$15MLed

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration4 named

FLFrancois LafortuneDirector, President, CEO, Secretary, Treasurer, ShareholderiForm ADV
GMGuillaume MarionPartner, CFO, COOiForm ADV
JKJunaid Kaleem SubhanChief Compliance OfficeriForm ADV
PGPaul Guy Desmarais IiiDirector and ChairmaniForm ADV

We also hold 2 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$286Mgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
Diagram Corporation
SEC number
CRD 312543

Who backs their funds

4 LPs on record in Diagram's funds

Funds
1

The institutions that put money into its funds, which the firm then invests in companies.Source: fund news.

What they claim to have backed

From their own portfolio page (on their website)

22 of 43 we have independently watched raise

AlpacaBaselaneClarkClearEstateDialogueEnurgenHelikaKataraLytefloNovistoObeoPemPemRecipioReliONRetirableStreamingFastSyncteraTriceUpfrontWealthsimplenestoveritreeAdalineAlbertAssembler AIAxleBreathe LifeCelleraCollageConduitCoralCurantEightByZeroHyperquoteIndemniJetscalePolicyBookQuailSkywardSweet TechTalliedTemperandforgeWalnut

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

The investors most often in the same rounds as Diagram. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Diagram put money into.

Quick answers about Diagram

What does Diagram invest in?

Diagram invests most often at Seed and Series A (60% of the rounds on record), in sectors such as Fintech and Climatetech.

How active is Diagram?

5 investments on record, 4 of them in the last 12 months, and it led 5. The most recent was in Sept 2026.

What has Diagram invested in recently?

Its most recent investments on record: Sweet Technologies (Seed, Sept 2026), Curant.ai (Seed, Jul 2026) and Nesto (Series E, Jun 2026).

How big are Diagram's cheques?

The median round it joins is $15M.

Does Diagram lead rounds?

Yes: it led 5 of its 5 investments on record (100%).

Where does Diagram invest?

Most of the companies it backs are in the United States (60%) and Canada (40%).

Is Diagram investing now?

Yes: it is actively investing, with 4 investments in the last 12 months.

Who does Diagram invest alongside?

Most often Endeavor Catalyst (2 rounds together), M Ventures (2 rounds together) and Portage Ventures (2 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it