# Portage: portfolio, investments and team

> Portage is a vc firm based in Canada. 5 investments on record, 3 in the last 12 months, latest Aug 2026. Portfolio, stages, co-investors and team.

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

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

# Portage

Last cheque observed Aug 2026; 5 cheques on record.

Email

Deploying now New fund $600M, Sept 2026 VC firm

Pre-seed Seed Series A Fintech Financial_services

Follow Portage and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fportage)

Deploying now

**100%** of best year **3** **cheques in 12 months**, 5 on record

Since the last cheque **87** days **00** hrs **00** min **00** sec

Median round **$35M** Cheque size, as they say **$1.0M – $30M** Rounds led **2 of 5** Mostly in **United States, 60%**

Pitch Portage

## Portage highlights

- 01 3 cheques in the last 12 months
- 02 Mostly Series C and Seed: 60% of its rounds
- 03 Led 2 rounds

## What they do

> We are a global fintech and financial services investment platform From their own website

- **Type:** VC firm
- **Cheque size:** $1.0M – $30M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Fintech Financial_services
- **Based in:** Toronto, Canada
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **5 appearances**

- **2026** 3 rounds
- **Aug** **[Moss](https://millionrounds.com/company/moss)** Series C · DE · Portage **$35M** *Led*
- **Aug** **[Faye](https://millionrounds.com/company/faye)** Series C · US · Portage **$50M** With 5 others
- **Jan** **[Alpaca](https://millionrounds.com/company/alpaca)** Series D · US · Diagram **$150M** With 15 others
- **2025** 1 round
- **Jan** **[Formance](https://millionrounds.com/company/formance)** Series A · FR · TechCrunch **$21M** *Led*
- **2018** 1 round
- **Jan** **[Allure Security](https://millionrounds.com/company/allure-security)** Seed · US · FinSMEs **$5.3M** With 2 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 **1** person 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.

Who backs their funds

## 2 LPs on record in Portage's funds

- **Funds:** 1

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

- [**Broadridge** 1 fund](https://millionrounds.com/fund/broadridge) Fund Vintage Committed Portage Portage Ventures IV - -
- [**Fifth Third Bank** 1 fund](https://millionrounds.com/fund/fifth-third-bank) Fund Vintage Committed Portage Portage Ventures IV - -

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 2 we have independently watched raise

Sagard Sagardholdings

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.

New fund on file

**$600M**

raised in Sept 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$35M** the round, not its cheque

Led 2 of 5 rounds **40%**

- **Said size:** $1.0M – $30M
- **Sole investor:** Never alone
- **Last cheque:** Aug 2026

Rounds by stage said on their site

- Series C *2*
- Seed said *1*
- Series A said *1*
- Series D *1*
- Pre-seed said *-*
- Series B said *-*
- Growth said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies Portage put money into.

[**Moss** $35M · Aug 2026](https://millionrounds.com/company/moss)[**Faye** $50M · Aug 2026](https://millionrounds.com/company/faye)[**Alpaca** $150M · Jan 2026](https://millionrounds.com/company/alpaca)[**Formance** $21M · Jan 2025](https://millionrounds.com/company/formance)[**Allure Security** $5.3M · Jan 2018](https://millionrounds.com/company/allure-security)

## Quick answers about Portage

### What does Portage invest in?

Portage invests most often at Series C and Seed (60% of the rounds on record), in sectors such as Fintech and Financial_services.

### How active is Portage?

5 investments on record, 3 of them in the last 12 months, and it led 2. The most recent was in Aug 2026.

### What has Portage invested in recently?

Its most recent investments on record: Moss (Series C, Aug 2026), Faye (Series C, Aug 2026) and Alpaca (Series D, Jan 2026).

### How big are Portage's cheques?

The median round it joins is $35M. It says it writes cheques of $1.0M to $30M.

### Does Portage lead rounds?

Yes: it led 2 of its 5 investments on record (40%).

### Where does Portage invest?

Most of the companies it backs are in the United States (60%), Germany (20%) and France (20%).

### Is Portage investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

### What kind of investor is Portage?

Portage is a VC firm based in Toronto, Canada.

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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=portage) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=portage)
