Canada · Investor

N49P

Last cheque observed Sep 2026; 45 cheques on record.

Deploying nowNew fund $13M, Dec 2025VC firm

Pre-seedSeedSeries AConsumerE-CommerceVenture Capital & Private Equity

Deploying now
91%of best year10cheques in 12 months, 45 on record
Since the last cheque40days00hrs00min00sec
Median round$2.1MCheque size, as they say$100K – $5.0MRounds led1 of 45Sole investor7 roundsMostly inCanada, 74%
Pitch N49P

N49P highlights

  1. 01

    10 cheques in the last 12 months

  2. 02

    Mostly Seed and Venture: 63% of its rounds

  3. 03

    Sole investor in 7 rounds, median $1.6M

What they do

Page title: 'Powering Canada’s Top Founders | N49P Venture Capital'From their own website
Type
VC firm (from a list, unverified)
Cheque size
$100K – $5.0M as they say
Stages
Pre-seedSeedSeries ASeries B
Sectors
ConsumerE-CommerceVenture Capital & Private Equity
Based in
Toronto, Canada
Cold pitches
Accepted

The record

Every round we can evidence, newest first45 appearances

  1. 2026

    9 rounds

  2. Sept
    Thri5Seed · CA · BetaKit$5.4MWith 6 others
  3. Sept
    OrbitsPre-seed · US · BetaKit$2.0MWith 3 others
  4. Sept
    Vivid MachinesGrant · CA$1.2MWith 3 others
  5. Aug
    Valstad ShipworksVenture · US$8.6MSole investor
  6. Jun
    ManevaSeries A · U.S. Venture Partners$27MWith 3 others
  7. May
    DessnTechCrunch$6.0MWith 3 others
  8. Apr
    WygoPre-seed · US$1.6MWith 1 other
  9. Mar
    RemitianSeed · US$7.0MWith 1 other
  10. Jan
    MaveSeed · CA$5.0MWith 1 other
  11. 2025

    7 rounds

  12. Nov
    KitchenMateVenture · CAUndisclosedWith 4 others
  13. Oct
    SlatePre-seed · CA$933KSole investor
  14. Jul
    QuandriSeries A · CA · TechStartups$12MWith 5 others
  15. Jun
    TeachAidPre-seed · CA$875KWith 2 others
  16. Mar
    ManevaSeed · CA$10MWith 2 others
  17. Feb
    Kento HealthVenture · CAUndisclosedWith 1 other
  18. Jan
    The Intelligent Search CompanyPre-seed · US$2.1MWith 1 other
  19. 2024

    6 rounds

  20. Oct
    MavePre-seed · CA · Alate Partners$1.4MLed
  21. Jul
    PlannedSeries B · CA · BetaKit: funding$35MWith 3 others
  22. Jul
    CaribouVenture · USUndisclosedWith 1 other
  23. May
    CoRecruitSeed · CA$2.0MWith 1 other
  24. May
    BaselineSeed · AU$1.6MSole investor
  25. Mar
    TengivaDebt · CA$99KWith 3 others
  26. 2023

    9 rounds

  27. Dec
    EZee AssistPre-seed · CA$1.4MWith 1 other
  28. Sept
    Hop In TechnologiesSeed · CA$1.3MWith 4 others
  29. Jul
    SherpaVenture · USUndisclosedWith 4 others
  30. Jul
    LotlyVenture · CAUndisclosedWith 2 others
  31. Jul
    HumanFirstSeed · CA$3.8MWith 4 others
  32. May
    CoBrandPre-seed · US$1.0MSole investor
  33. Feb
    MovesVenture · CAUndisclosedWith 5 others
  34. Jan
    PlanninVenture · CA$1.8MWith 1 other
  35. Jan
    SJW RoboticsSeed · CA$2.0MSole investor
  36. 2022

    10 rounds

  37. Oct
    HalpSeed · CA$4.0MWith 3 others
  38. Sept
    LynkSeed · US$3.0MWith 3 others
  39. Jun
    AltrioSeries A · CA$6.2MSole investor
  40. Jun
    SortSpokeVenture · CA$4.5MWith 2 others
  41. Jun
    KruzeePre-seed · CA$399KSole investor
  42. May
    ZenbaseSeed · CA$3.1MWith 2 others
  43. May
    Supportbench Services Inc.Seed · CA$1.5MWith 1 other
  44. Mar
    TriplePlayVenture · CAUndisclosedWith 3 others
  45. Mar
    KeySeed · CA$8.5MWith 4 others

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

DPDouglas PenickManageriFiling they signed
STSonya ThomasManageriFiling they signed

We also hold 5 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
N49p Management, LLC
SEC number
CRD 322307

Who they invest alongside

The investors most often in the same rounds as N49P. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies N49P put money into.

Quick answers about N49P

What does N49P invest in?

N49P invests most often at Seed and Venture (63% of the rounds on record), in sectors such as Consumer, E-Commerce and Venture Capital & Private Equity.

How active is N49P?

45 investments on record, 10 of them in the last 12 months, and it led 1. The most recent was in Sept 2026.

What has N49P invested in recently?

Its most recent investments on record: Thri5 (Seed, Sept 2026), Orbits (Pre-seed, Sept 2026) and Vivid Machines (Grant, Sept 2026).

How big are N49P's cheques?

The median round it joins is $2.1M. It says it writes cheques of $100K to $5.0M.

Does N49P lead rounds?

Sometimes: it led 1 of its 45 investments on record (2%).

Where does N49P invest?

Most of the companies it backs are in Canada (74%) and the United States (24%).

Is N49P investing now?

Yes: it is actively investing, with 10 investments in the last 12 months.

Who does N49P invest alongside?

Most often Garage Capital (5 rounds together), Panache Ventures (5 rounds together) and Real Ventures (4 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

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