# MaRS Innovation: portfolio, investments and team

> MaRS Innovation is a vc firm. 9 investments on record, latest Mar 2015. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/mars-innovation (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# MaRS Innovation

Last cheque observed Mar 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Seed Series A Venture

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 9 on record

Since the last cheque **4255** days **00** hrs **00** min **00** sec

Median round **$101K** Rounds led **0 of 9** Sole investor **4 rounds** Mostly in **Canada, 100%**

Pitch MaRS Innovation

## MaRS Innovation highlights

- 01 9 rounds on record
- 02 Mostly Seed and Series A: 89% of its rounds
- 03 Sole investor in 4 rounds, median $30K

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **9 appearances**

- **2015** 1 round
- **Mar** **[ChipCare](https://millionrounds.com/company/chipcare)** Series A · CA **$5.0M** With 2 others
- **2014** 1 round
- **Sept** **[AvidBiologics](https://millionrounds.com/company/avidbiologics)** Venture · CA **Undisclosed** With 1 other
- **2013** 4 rounds
- **Sept** **[ChipCare](https://millionrounds.com/company/chipcare)** Seed · CA · finsmes.com **$2.0M** With 2 others
- **Jun** **[Crowdmark](https://millionrounds.com/company/crowdmark)** Seed · CA · pehub.com **$584K** With 3 others
- **May** **[TrendMD](https://millionrounds.com/company/trendmd)** Seed · CA **$30K** Sole investor
- **Jan** **[Crowdmark](https://millionrounds.com/company/crowdmark)** Seed · CA **$101K** Sole investor
- **2012** 2 rounds
- **Oct** **[CoursePeer](https://millionrounds.com/company/coursepeer)** Seed · CA · marsinnovation.com **$60K** With 1 other
- **May** **[Crowdmark](https://millionrounds.com/company/crowdmark)** Seed · CA · marsinnovation.com **$15K** Sole investor
- **2011** 1 round
- **Oct** **[DLVR Therapeutics](https://millionrounds.com/company/dlvr-therapeutics)** Seed · CA · finsmes.com **Undisclosed** Sole 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 cheque

Seed Series A Venture

Median round joined **$101K** the round, not its cheque Alone, median **$30K**

Led 0 of 9 rounds **0%**

- **Sole investor:** 4 rounds
- **Last cheque:** Mar 2015

Rounds by stage said on their site

- Seed *7*
- Series A *1*
- Venture *1*

Cheques by year Led Joined

2011 2015

Often in the room with

- [Maple Leaf Angels](https://millionrounds.com/fund/maple-leaf-angels) 2
- [University of Toronto](https://millionrounds.com/fund/university-of-toro-2) 2

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## Who they invest alongside

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

[**Maple Leaf Angels** Angel network **2** rounds together](https://millionrounds.com/fund/maple-leaf-angels)[**University of Toronto** VC firm **2** rounds together](https://millionrounds.com/fund/university-of-toro-2)

## Quick answers about MaRS Innovation

### What does MaRS Innovation invest in?

MaRS Innovation invests most often at Seed and Series A (89% of the rounds on record).

### How active is MaRS Innovation?

9 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2015.

### How big are MaRS Innovation's cheques?

The median round it joins is $101K.

### Does MaRS Innovation lead rounds?

Rarely, if at all: none of its 9 investments on record names it as the lead.

### Where does MaRS Innovation invest?

Most of the companies it backs are in Canada (100%).

### Is MaRS Innovation investing now?

No investments in the last 12 months; the latest was in Mar 2015.

### Who does MaRS Innovation invest alongside?

Most often Maple Leaf Angels (2 rounds together) and University of Toronto (2 rounds together).

### What kind of investor is MaRS Innovation?

MaRS Innovation is a VC firm.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=mars-innovation) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=mars-innovation)
