Canada · Investor

Inovia Capital

Last cheque observed Sep 2026; 324 cheques on record.

Deploying nowNew fund $127M, Oct 2021VC firm

SeedSeries ASeries BSubscriptionSaaSCollaboration Tools

Deploying now
86%of best year44cheques in 12 months, 324 on record
Since the last cheque35days00hrs00min00sec
Median round$11MCheque size, as they say$100K – $50MRounds led8 of 324Sole investor29 roundsExits14 from the portfolioMostly inCanada, 36%
Pitch Inovia Capital

Inovia Capital highlights

  1. 01

    44 cheques in the last 12 months

  2. 02

    Mostly Seed and Series A: 55% of its rounds

  3. 03

    Sole investor in 29 rounds, median $2.4M

  4. 04

    14 exits from the portfolio

What they do

Inovia Capital is the leading full-stack venture capital firm anchored in Canada, with an established presence in the EU.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$100K – $50M as they say
Stages
SeedSeries ASeries BGrowthPre-IPO
Sectors
SubscriptionSaaSCollaboration Tools
Based in
Montreal, Canada
Cold pitches
Not stated

The record

Every round we can evidence, newest first324 appearances

  1. 2026

    38 rounds

  2. Sept
    FelderaSeed · US · TechStartups$22MLed
  3. Sept
    DelosSeries A · FR$12MWith 3 others
  4. Sept
    Branch EnergySeries B · US$33MWith 2 others
  5. Aug
    Peripheral LabsSeed · CA · BetaKit$8.7MLed
  6. Aug
    Super.comSeries D · US · Ventureburn$65MWith 4 others
  7. Jul
    Katalyze AISeed · US · TechStartups$11MWith 5 others
  8. Jul
    StrongestLayerSeed · US$4.1MWith 2 others
  9. Jul
    Cybeats TechnologiesCA$1.4MWith 2 others
  10. Jul
    RewindGrowth · CA$65MWith 3 others
  11. Jul
    NexcadeSeed · GB$6.0MWith 4 others
  12. Jul
    ParaitoPre-seed · CA$1.9MWith 1 other
  13. Jun
    TalentirSeed · AT · Tenity$4.5MLed
  14. Jun
    Float FinancialSeries C · CA$60MWith 4 others
  15. May
    gaiiaSeries B · Ventureburn$40MWith 1 other
  16. May
    RelayGrowth · US · Ventureburn$50MWith 4 others
  17. May
    FractileSeries B · GB · Ventureburn$220MWith 9 others
  18. May
    Ranger AISeed · US$8.4MWith 3 others
  19. May
    ProteinQureGrant · CA$1.8MWith 4 others
  20. May
    NovistoVenture · CAUndisclosedWith 3 others
  21. Apr
    ZellifySeed · SE$3.6MWith 4 others
  22. Apr
    HandholdSeed · EE$3.5MSole investor
  23. Mar
    LambentSeries A · US$12MWith 3 others
  24. Mar
    Bloom AIVenture · US$3.7MWith 3 others
  25. Mar
    xmemoryPre-seed · GB$4.0MWith 1 other
  26. Mar
    SpellbookDebt · CA$40MWith 3 others
  27. Feb
    Neo FinancialSeries D · CA$50MWith 5 others
  28. Feb
    BelfortVenture · USUndisclosedWith 1 other
  29. Feb
    LabGeniusVenture · GB$64KWith 3 others
  30. Feb
    ToyoSeed · GB$4.1MWith 2 others
  31. Feb
    ModemPre-seed · CA$4.4MSole investor
  32. Feb
    AlayaCareDebt · CA$50MWith 2 others
  33. Jan
    AikidoSeries B · BE · TechStartups$60MWith 4 others
  34. Jan
    FractileVenture · GB$23MWith 2 others
  35. Jan
    AON3DVenture · CAUndisclosedWith 4 others
  36. Jan
    PhotonicGrowth · CA · Firms' own news pages$131MWith 7 others
  37. Jan
    Nano CorpVenture · FRUndisclosedWith 1 other
  38. Jan
    SentraSeed · US$5.0MWith 1 other
  39. Jan
    SOLVESeed · GB$5.4MWith 2 others
  40. 2025

    35 rounds

  41. Dec
    Cybeats TechnologiesCA$876KWith 1 other
  42. Dec
    MacrocosmPre-seed · US$2.8MSole investor

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 registration2 named

CAChris ArsenaultPresident of the General PartneriFiling they signed
FGFrancois GauvinVice-President of the General PartneriFiling they signed

We also hold 39 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

Exemptreporting adviserventure or small private funds
Legal name
Inovia Capital Inc.
SEC number
CRD 340267

Who backs their funds

9 LPs on record in Inovia Capital's funds

Funds
2

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

Exits from the portfolio

Companies it backed that were later bought or listed14 in all

Empire AvenueBought by PeopleBrowsrUndisclosedSept 2015
FixmoBought by Good TechnologyUndisclosedJun 2014
Media ArmorBought by NomiUndisclosedMar 2014
Basis ScienceBought by Intel$100MMar 2014
BarosenseBought by Boston ScientificUndisclosedJul 2013
MileWiseBought by Yahoo!UndisclosedMay 2013
LocalmindBought by AirbnbUndisclosedDec 2012
BufferBoxBought by Google$17MNov 2012
Vizu CorporationBought by Nielsen HoldingsUndisclosedJul 2012
TyntBought by 33AcrossUndisclosedJan 2012
BabbleBought by The Walt Disney Company$40MNov 2011
OggiFinogiBought by CollectiveUndisclosedFeb 2011
Standout JobsBought by Talent TechnologyUndisclosedOct 2010
Airborne MobileBought by Bandsintown GroupUndisclosedOct 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

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

Recently backed

The latest companies Inovia Capital put money into.

Mentioned on podcasts

Episodes that name Inovia Capital in their description, not their title.

Quick answers about Inovia Capital

What does Inovia Capital invest in?

Inovia Capital invests most often at Seed and Series A (55% of the rounds on record), in sectors such as Subscription, SaaS and Collaboration Tools.

How active is Inovia Capital?

324 investments on record, 44 of them in the last 12 months, and it led 8. The most recent was in Sept 2026.

What has Inovia Capital invested in recently?

Its most recent investments on record: Feldera (Seed, Sept 2026), Delos (Series A, Sept 2026) and Branch Energy (Series B, Sept 2026).

How big are Inovia Capital's cheques?

The median round it joins is $11M. It says it writes cheques of $100K to $50M.

Does Inovia Capital lead rounds?

Sometimes: it led 8 of its 324 investments on record (2%).

Where does Inovia Capital invest?

Most of the companies it backs are in Canada (36%), the United States (31%) and the United Kingdom (18%).

Is Inovia Capital investing now?

Yes: it is actively investing, with 44 investments in the last 12 months.

Who does Inovia Capital invest alongside?

Most often BDC Capital (22 rounds together), FJ Labs (17 rounds together) and Real Ventures (16 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