# Investors based in Calgary (2026 list) > 233 investors based in Calgary, 5% active in the last 12 months. Led by The51, Avrio Capital, Tall Grass Ventures. Ranked by what they funded. Source: https://millionrounds.com/lists/investors-based-in-calgary (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Investors based in Calgary Updated 7 November 2026 Firms with an address in Calgary. A head office is a fact about the firm; where it invests is on its own page. [See all 233 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-calgary)The top 25 **233** investors on the list No change this week **16** cheques in 12 months Too few cheques to tell **$5.5M** median round they joined *-31%* against the market median **5%** wrote a cheque in 12 months **1%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (8) - 1 [The51](https://millionrounds.com/fund/the51) *Deploying now* VC firm · Canada **27** **$1.6M** median round **Oct 2026** last seen - 2 [Avrio Capital](https://millionrounds.com/fund/avrio-capital) quiet Investment bank · Canada **13** **$5M** median round **Apr 2014** last seen - 3 [Tall Grass Ventures](https://millionrounds.com/fund/tall-grass-ventures) *Deploying now* VC firm · Canada **13** **$2.9M** median round **Sept 2026** last seen - 4 [Accelerate Fund](https://millionrounds.com/fund/accelerate-fund) quiet Angel network · Canada **9** **$1.3M** median round **Oct 2015** last seen - 5 [Enbridge](https://millionrounds.com/fund/enbridge) quiet VC firm · Canada **7** **$10M** median round **Jul 2016** last seen - 6 [Trilogy Capital](https://millionrounds.com/fund/trilogy-capital) quiet Private credit · Canada **6** **$14M** median round **Mar 2019** last seen - 7 [Cenovus Energy](https://millionrounds.com/fund/cenovus-energy) quiet Corporate VC · Canada **5** **$21M** median round **Feb 2014** last seen - 8 [Roynat Equity Partners](https://millionrounds.com/fund/roynat-capital) quiet VC firm · Canada **5** **$6.3M** median round **Apr 2014** last seen - 9 [ARC Financial](https://millionrounds.com/fund/arc-financial-corp) quiet VC firm · Canada **4** **$4.8M** median round **Nov 2014** last seen - 10 [NYA Ventures](https://millionrounds.com/fund/nya-ventures) *Deploying now* VC firm · Canada **4** **$5.5M** median round **Oct 2026** last seen - 11 [Shaw Ventures](https://millionrounds.com/fund/annabelle) quiet VC firm · Canada **3** **$1.1M** median round **Oct 2019** last seen - 12 [EnCana](https://millionrounds.com/fund/encana) quiet Corporate VC · Canada **2** **$12M** median round **Mar 2013** last seen - 13 [Graham](https://millionrounds.com/fund/graham) quiet Hedge fund · Canada **2** **$15M** median round **Aug 2017** last seen - 14 [Koan Capital](https://millionrounds.com/fund/koan-capital-corp) *Deploying now* VC firm · Canada **2** **$533M** median round **Jun 2026** last seen - 15 [NovAtel](https://millionrounds.com/fund/novatel) quiet Investment firm · Canada **2** **$9.3M** median round **Oct 2009** last seen - 16 [Verdex Capital](https://millionrounds.com/fund/verdex-capital) *Deploying now* VC firm · Canada **2** **$3M** median round **Jun 2026** last seen - 17 [Acumen Capital Finance Partners](https://millionrounds.com/fund/acumen-capital-finance-partners) quiet VC firm · Canada **1** **$106M** median round **Jul 2013** last seen - 18 [Adara Venture Capital](https://millionrounds.com/fund/adara-venture-capital) *Deploying now* VC firm · Canada **1** **$5M** median round **Apr 2026** last seen - 19 [Allied Venture Partners](https://millionrounds.com/fund/allied-venture-partners) *Deploying now* Angel network · Canada **1** **$3M** median round **Jun 2026** last seen - 20 [Bluesky Equities](https://millionrounds.com/fund/bluesky-equities) *Deploying now* Family office · Canada **1** **$2M** median round **Oct 2026** last seen - 21 [Business Instincts Group](https://millionrounds.com/fund/business-instincts-group) quiet VC firm · Canada **1** **$2.5M** median round **Dec 2014** last seen - 22 [CannaIncome Fund](https://millionrounds.com/fund/cannaincome-fund) quiet VC firm · Canada **1** **$9.4M** median round **Sept 2018** last seen - 23 [Carrot Ventures](https://millionrounds.com/fund/carrot-ventures) quiet VC firm · Canada **1** **-** median round **Sept 2025** last seen - 24 [Crescent Point Energy](https://millionrounds.com/fund/crescent-point-energy) quiet Growth equity · Canada **1** **$9M** median round **Aug 2011** last seen - 25 [Exhibition Capital](https://millionrounds.com/fund/exhibition-capital) quiet Investment firm · Canada **1** **$24M** median round **May 2017** last seen **208 more on this list** All 233 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-calgary) ## The Newest Cheques Rounds this list's investors joined most recently - **20** Oct **[PataBid](https://millionrounds.com/company/patabid)** Pre-seed · $2M *With* [Bluesky Equities](https://millionrounds.com/fund/bluesky-equities) - **19** Oct **[Kodama](https://millionrounds.com/company/kodama)** Seed · $7M *With* [NYA Ventures](https://millionrounds.com/fund/nya-ventures) - **15** Oct **[Sprout Family](https://millionrounds.com/company/sprout-family)** Seed · $2.5M *With* [The51](https://millionrounds.com/fund/the51) - **22** Sept **[Lilac Agriculture](https://millionrounds.com/company/lilac-agriculture)** Seed · $2.3M *With* [Tall Grass Ventures](https://millionrounds.com/fund/tall-grass-ventures) - **17** Sept **[Cura](https://millionrounds.com/company/cura)** $10M *With* [Mount Rundle Club](https://millionrounds.com/fund/mount-rundle-club) - **1** Sept **[Axo Longevity](https://millionrounds.com/company/axo-longevity)** Seed · $5M *With* [The51](https://millionrounds.com/fund/the51) ## Stages This Year 13 rounds - Seed **54%** - Other **15%** - Pre-seed **15%** - Debt **8%** - Series A **8%** ## What They Backed Sectors, last 12 months - AI **4** - Agtech **4** - Climate Tech **2** - Cleantech **2** - Biotech **2** - B2B **1** ## Cheques by Quarter Led Joined 3 Q1 25 2 Q2 25 6 Q3 25 1 Q4 25 Q1 26 8 Q2 26 5 Q3 26 3 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Investors based in London 4,496](https://millionrounds.com/lists/investors-based-in-london) - [Investors based in CA 3,746](https://millionrounds.com/lists/investors-based-in-ca) - [Investors based in NY 3,658](https://millionrounds.com/lists/investors-based-in-ny) - [Investors based in WA 2,473](https://millionrounds.com/lists/investors-based-in-wa) - [Investors based in San Francisco 2,377](https://millionrounds.com/lists/investors-based-in-san-francisco) - [Investors based in TX 2,250](https://millionrounds.com/lists/investors-based-in-tx) - [Investors based in Dubai 1,922](https://millionrounds.com/lists/investors-based-in-dubai) - [Investors based in Los Angeles 1,261](https://millionrounds.com/lists/investors-based-in-los-angeles) - [Investors based in Chicago 1,255](https://millionrounds.com/lists/investors-based-in-chicago) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about investors based in Calgary ### Who are the most active investors based in Calgary? By cheques observed, the most active are The51, Avrio Capital, Tall Grass Ventures, Accelerate Fund and Enbridge. ### How many investors based in Calgary are there? 233 are on record. 5% made an investment in the last 12 months and 1% have led a round. ### Which stages do investors based in Calgary back? Of the rounds with a named stage in the last 12 months, mostly Seed (64%) and Pre-seed (18%). ### How big are the rounds investors based in Calgary join? The typical (median) round among the leading investors here is $6.3M. ### Which sectors do investors based in Calgary back most? In the last 12 months, mostly AI, Agtech and Climate Tech. ### Which investors based in Calgary lead the most rounds? Tall Grass Ventures (6 led) and NYA Ventures (2 led). ### What have investors based in Calgary invested in recently? Recent rounds include PataBid (Pre-seed, Oct 2026, with Bluesky Equities), Kodama (Seed, Oct 2026, with NYA Ventures) and Sprout Family (Seed, Oct 2026, with The51). ### How is this list of investors based in Calgary ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)