# Seed investors based in Toronto (2026 list)

> 33 seed investors based in Toronto, 88% active in the last 12 months. Led by Creative Destruction Lab, Reach, MaRS Investment Accelerator Fund.

Source: https://millionrounds.com/lists/seed-investors-based-in-toronto (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Seed investors based in Toronto

Updated 7 November 2026

Firms with an address in Toronto that we have watched take part in a seed round in the last two years.

[See all 33 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseed-investors-based-in-toronto)The top 25

**33** investors on the list No change this week

**237** cheques in 12 months *-10%* against the market

**$8.7M** median round they joined *+8%* against the market median

**88%** wrote a cheque in 12 months

**67%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) *Deploying now* Accelerator · Canada **427** **$3M** median round **Sept 2026** last seen
- 2 [Reach](https://millionrounds.com/fund/reach) *Deploying now* VC firm · Canada **217** **$5M** median round **Sept 2026** last seen
- 3 [MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) *Deploying now* VC firm · Canada **141** **$2.5M** median round **Oct 2026** last seen
- 4 [Omers Ventures](https://millionrounds.com/fund/omers-ventures) *Deploying now* VC firm · Canada **118** **$21M** median round **Sept 2026** last seen
- 5 [CIBC](https://millionrounds.com/fund/cibc) *Deploying now* VC firm · Canada **117** **$26M** median round **Oct 2026** last seen
- 6 [Georgian](https://millionrounds.com/fund/georgian) *Deploying now* VC firm · Canada **100** **$52M** median round **Oct 2026** last seen
- 7 [Relay Ventures](https://millionrounds.com/fund/relay-ventures) *Deploying now* VC firm · United States **97** **$5.2M** median round **Jun 2026** last seen
- 8 [Radical Ventures](https://millionrounds.com/fund/radical-ventures) *Deploying now* VC firm · Canada **94** **$26M** median round **Sept 2026** last seen
- 9 [Golden Ventures](https://millionrounds.com/fund/golden-ventures) *Deploying now* VC firm · Canada **78** **$8.8M** median round **Sept 2026** last seen
- 10 [DMZ](https://millionrounds.com/fund/dmz-ventures) *Deploying now* Accelerator · Canada **73** **$1M** median round **Nov 2026** last seen
- 11 [NEXT Canada](https://millionrounds.com/fund/next-ai) *Deploying now* Accelerator · Canada **70** **$1.1M** median round **Jan 2026** last seen
- 12 [Loyal VC](https://millionrounds.com/fund/loyal-vc) *Deploying now* VC firm · Canada **47** **$730K** median round **Sept 2026** last seen
- 13 [N49P](https://millionrounds.com/fund/n49p) *Deploying now* VC firm · Canada **45** **$2.1M** median round **Sept 2026** last seen
- 14 [GreenSky Ventures](https://millionrounds.com/fund/greensky-ventures) *Deploying now* VC firm · Canada **35** **$2M** median round **Oct 2026** last seen
- 15 [Klass Capital](https://millionrounds.com/fund/klass-capital) *Deploying now* VC firm · Canada **14** **$20M** median round **Sept 2026** last seen
- 16 [Whitecap Venture Partners](https://millionrounds.com/fund/whitecap-venture-partners) *Deploying now* VC firm · Canada **14** **$12M** median round **Sept 2026** last seen
- 17 [Anthos Capital](https://millionrounds.com/fund/anthos-capital) *Deploying now* VC firm · United States **13** **$27M** median round **Apr 2026** last seen
- 18 [Leaders Fund](https://millionrounds.com/fund/leaders-fund) *Deploying now* VC firm · Canada **10** **$25M** median round **Oct 2026** last seen
- 19 [Impression Ventures](https://millionrounds.com/fund/impression-ventures) *Deploying now* VC firm · Canada **9** **$8.7M** median round **Apr 2026** last seen
- 20 [Arctern Ventures](https://millionrounds.com/fund/arctern-ventures) *Deploying now* VC firm · Canada **8** **$13M** median round **Nov 2026** last seen
- 21 [Framework Venture Partners](https://millionrounds.com/fund/framework-venture-partners) *Deploying now* VC firm · Canada **8** **$11M** median round **Aug 2026** last seen
- 22 [Alate Partners](https://millionrounds.com/fund/alate-partners) *Deploying now* VC firm · Canada **6** **$8.5M** median round **Jul 2026** last seen
- 23 [StandUp Ventures](https://millionrounds.com/fund/standup-ventures) *Deploying now* VC firm · Canada **5** **$2.5M** median round **Oct 2026** last seen
- 24 [Feld Ventures](https://millionrounds.com/fund/feld-ventures) *Deploying now* VC firm · Canada **4** **$13M** median round **Oct 2026** last seen
- 25 [Graphite Ventures](https://millionrounds.com/fund/graphite-ventures) *Deploying now* VC firm · Canada **3** **$3.5M** median round **Oct 2026** last seen

**8 more on this list**

All 33 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%2Fseed-investors-based-in-toronto)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *With* [Arctern Ventures](https://millionrounds.com/fund/arctern-ventures)
- **2** Nov **[Hey Cleo](https://millionrounds.com/company/hey-cleo)** Other · $72K *Led by* [DMZ](https://millionrounds.com/fund/dmz-ventures)
- **30** Oct **[Bot Food](https://millionrounds.com/company/bot-food)** Pre-seed · $1.5M *Led by* [GreenSky Ventures](https://millionrounds.com/fund/greensky-ventures)
- **29** Oct **[Bot Food](https://millionrounds.com/company/bot-food)** Pre-seed · $1.1M *Led by* [GreenSky Ventures](https://millionrounds.com/fund/greensky-ventures)
- **29** Oct **[Upwind](https://millionrounds.com/company/upwind)** Series C · $400M *With* [Leaders Fund](https://millionrounds.com/fund/leaders-fund)
- **27** Oct **[Aspire Fiber](https://millionrounds.com/company/aspire-fiber)** Debt · $80M *Led by* [CIBC](https://millionrounds.com/fund/cibc)

## Stages This Year

220 rounds

- Venture **20%**
- Seed **19%**
- Series A **13%**
- Grant **11%**
- Debt **8%**
- Other **29%**

## What They Backed

Sectors, last 12 months

- AI **86**
- Big Data & Analytics **19**
- Biotech **13**
- Healthcare **12**
- Energy **12**
- Cybersecurity **11**

## Cheques by Quarter

Led Joined

68 Q1 25

75 Q2 25

71 Q3 25

61 Q4 25

81 Q1 26

69 Q2 26

57 Q3 26

11 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors based in San Francisco 353](https://millionrounds.com/lists/ai-investors-based-in-san-francisco)
- [AI investors based in New York 345](https://millionrounds.com/lists/ai-investors-based-in-new-york)
- [Seed investors based in San Francisco 273](https://millionrounds.com/lists/seed-investors-based-in-san-francisco)
- [Series A investors based in San Francisco 266](https://millionrounds.com/lists/series-a-investors-based-in-san-francisco)
- [Series A investors based in New York 255](https://millionrounds.com/lists/series-a-investors-based-in-new-york)
- [Seed investors based in New York 227](https://millionrounds.com/lists/seed-investors-based-in-new-york)
- [AI investors based in London 223](https://millionrounds.com/lists/ai-investors-based-in-london)
- [Series B investors based in New York 198](https://millionrounds.com/lists/series-b-investors-based-in-new-york)
- [Fintech investors based in New York 197](https://millionrounds.com/lists/fintech-investors-based-in-new-york)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about seed investors based in Toronto

### Who are the most active seed investors based in Toronto?

By cheques observed, the most active are Creative Destruction Lab, Reach, MaRS Investment Accelerator Fund, Omers Ventures and CIBC.

### How many seed investors based in Toronto are there?

33 are on record. 88% made an investment in the last 12 months and 67% have led a round.

### Which stages do seed investors based in Toronto back?

Of the rounds with a named stage in the last 12 months, mostly Seed (27%) and Series A (18%).

### How big are the rounds seed investors based in Toronto join?

The typical (median) round among the leading investors here is $8.7M.

### Which sectors do seed investors based in Toronto back most?

In the last 12 months, mostly AI, Big Data & Analytics and Biotech.

### Which seed investors based in Toronto lead the most rounds?

Radical Ventures (14 led), Georgian (13 led) and Omers Ventures (7 led).

### What have seed investors based in Toronto invested in recently?

Recent rounds include Harbinger (Series D+, Nov 2026, with Arctern Ventures), Hey Cleo (Other, Nov 2026, with DMZ) and Bot Food (Pre-seed, Oct 2026, with GreenSky Ventures).

### How is this list of seed investors based in Toronto 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)