# Portage Capital: portfolio, investments and team > Portage Capital is a hedge fund based in Canada. 3 investments on record, latest Apr 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/portage-capital (Millionrounds; every figure on the page links to its filing or article) Canada · [Investor](https://millionrounds.com/investors) # Portage Capital Last cheque observed Apr 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet New fund $5.0M, Oct 2018 Hedge fund Growth Series A Venture Follow Portage Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fportage-capital) Cheques on record **0%** of best year **0** **cheques in 12 months**, 3 on record Since the last cheque **565** days **00** hrs **00** min **00** sec Median round **$90M** Rounds led **1 of 3** Pitch Portage Capital ## Portage Capital highlights - 01 3 rounds on record - 02 Mostly Growth and Series A: 67% of its rounds - 03 Led 1 rounds ## What they do - **Type:** Hedge fund (from a list, unverified) - **Cheque size:** Not stated - **Based in:** Canada - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **3 appearances** - **2025** 1 round - **Apr** **[Marshmallow](https://millionrounds.com/company/marshmallow)** Growth · GB · TechCrunch **$90M** *Led* - **2005** 1 round - **Feb** **[Medisyn Technologies](https://millionrounds.com/company/medisyn-technologies)** Venture · US · thefreelibrary.com **$1.5M** With 4 others - **2002** 1 round - **Dec** **[Impres Medical](https://millionrounds.com/company/impres-medical)** Series A · US **$2.3M** With 3 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 We hold **14** 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. New fund on file **$5.0M** raised in Oct 2018 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Growth Series A Venture Median round joined **$90M** the round, not its cheque Led 1 of 3 rounds **33%** - **Sole investor:** Never alone - **Last cheque:** Apr 2025 Rounds by stage said on their site - Growth *1* - Series A *1* - Venture *1* Cheques by month Led Joined Nov 2023 Oct 2026 **Pitching Portage 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 *→* ## Recently backed The latest companies Portage Capital put money into. [**Marshmallow** $90M · Apr 2025](https://millionrounds.com/company/marshmallow) ## On podcasts 1 episode naming Portage Capital in the title. - [Growth Investor](https://millionrounds.com/podcasts/growth-investor) 13 May 2026 · 18 min Flexible Capital for Fintech: Portage Capital Solutions’ Devon Kirk With [Devon Kirk](https://millionrounds.com/person/devon-kirk) Mentions [Portage Capital](https://millionrounds.com/fund/portage-capital)[CPP Investments](https://millionrounds.com/fund/cpp-investments)[Portage Ventures](https://millionrounds.com/fund/portage-vc) Apple PodcastsShow page ## Quick answers about Portage Capital ### What does Portage Capital invest in? Portage Capital invests most often at Growth and Series A (67% of the rounds on record). ### How active is Portage Capital? 3 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Apr 2025. ### What has Portage Capital invested in recently? Its most recent investments on record: Marshmallow (Growth, Apr 2025). ### How big are Portage Capital's cheques? The median round it joins is $90M. ### Is Portage Capital investing now? No investments in the last 12 months; the latest was in Apr 2025. ### What kind of investor is Portage Capital? Portage Capital is a hedge fund based in Canada. ### Has Portage Capital raised a new fund? Its latest fund filing with the SEC was in Oct 2018, reporting $5.0M raised. ### When was Portage Capital founded? Portage Capital was founded in 2018. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM 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=portage-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=portage-capital)