# Luge Capital: portfolio, investments and team > Luge Capital is a vc firm based in Canada. 8 investments on record, 1 in the last 12 months, latest Feb 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/luge-capital (Millionrounds; every figure on the page links to its filing or article) Canada · [Investor](https://millionrounds.com/investors) # Luge Capital Last cheque observed Feb 2026; 8 cheques on record. Email VC firm Deploying now Seed Series A Series B Wealthtech Insurance Finserv Follow Luge Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fluge-capital) Deploying now **20%** of best year **1** **cheques in 12 months**, 8 on record Since the last cheque **275** days **00** hrs **00** min **00** sec Median round **$4.8M** Rounds led **6 of 8** Mostly in **Canada, 88%** Pitch Luge Capital ## Luge Capital highlights - 01 1 cheques in the last 12 months - 02 Mostly Seed and Series A: 86% of its rounds - 03 Led 6 rounds ## What they do > Luge Capital is a fintech-focused venture capital fund that invests in early-stage companies in Canada and the United States. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B - **Sectors:** Wealthtech Insurance Finserv - **Based in:** Montreal, Canada - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **8 appearances** - **2026** 1 round - **Feb** **[Velix](https://millionrounds.com/company/velix)** Pre-seed · CA · Luge Capital **$2.0M** *Led* - **2025** 4 rounds - **Oct** **[Cybrid](https://millionrounds.com/company/cybrid)** Series A · CA · Ventureburn **$10M** With 4 others - **Sept** **[Mycroft](https://millionrounds.com/company/mycroft)** Seed · CA · Luge Capital **$3.5M** *Led* - **Jul** **[Geolava](https://millionrounds.com/company/geolava)** Seed · US · Luge Capital **$4.3M** *Led* - **Apr** **[Deck](https://millionrounds.com/company/deck)** Series A · CA · TechCrunch **$12M** With 5 others - **2024** 1 round - **Oct** **[Deck](https://millionrounds.com/company/deck)** Seed · CA · Luge Capital **$6.2M** *Led* - **2019** 2 rounds - **Oct** **[Flare Systems](https://millionrounds.com/company/flare-systems)** Seed · CA · Ncfacanada **$1.0M** *Led* - **Mar** **[Finaeo](https://millionrounds.com/company/finaeo)** CA · FinSMEs **$5.3M** *Led* 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 We hold **9** 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 they claim to have backed From their own portfolio page (on their website) **1** of 1 we have independently watched raise [Finaeo](https://millionrounds.com/company/finaeo) 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. ## The cheque Seed Series A Series B Median round joined **$4.8M** the round, not its cheque Led 6 of 8 rounds **75%** - **Sole investor:** Never alone - **Last cheque:** Feb 2026 Rounds by stage said on their site - Seed said *4* - Series A said *2* - Pre-seed *1* - Series B said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Golden Ventures](https://millionrounds.com/fund/golden-ventures) 3 - [Better Tomorrow Ventures](https://millionrounds.com/fund/better-tomorrow-ventures) 2 **Pitching Luge Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Luge Capital. A count of rooms they were both in, not a relationship either has claimed. [**Golden Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/golden-ventures)[**Better Tomorrow Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/better-tomorrow-ventures) ## Recently backed The latest companies Luge Capital put money into. [**Velix** $2.0M · Feb 2026](https://millionrounds.com/company/velix)[**Cybrid** $10M · Oct 2025](https://millionrounds.com/company/cybrid)[**Mycroft** $3.5M · Sept 2025](https://millionrounds.com/company/mycroft)[**Geolava** $4.3M · Jul 2025](https://millionrounds.com/company/geolava)[**Deck** $12M · Apr 2025](https://millionrounds.com/company/deck)[**Finaeo** $5.3M · Mar 2019](https://millionrounds.com/company/finaeo) ## Quick answers about Luge Capital ### What does Luge Capital invest in? Luge Capital invests most often at Seed and Series A (86% of the rounds on record), in sectors such as Wealthtech, Insurance and Finserv. ### How active is Luge Capital? 8 investments on record, 1 of them in the last 12 months, and it led 6. The most recent was in Feb 2026. ### What has Luge Capital invested in recently? Its most recent investments on record: Velix (Pre-seed, Feb 2026), Cybrid (Series A, Oct 2025) and Mycroft (Seed, Sept 2025). ### How big are Luge Capital's cheques? The median round it joins is $4.8M. ### Does Luge Capital lead rounds? Yes: it led 6 of its 8 investments on record (75%). ### Where does Luge Capital invest? Most of the companies it backs are in Canada (88%) and the United States (13%). ### Is Luge Capital investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does Luge Capital invest alongside? Most often Golden Ventures (3 rounds together) and Better Tomorrow Ventures (2 rounds together). ## Raising now? 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