Inovia Capital

Inovia Capital is a Montreal-headquartered, Canada-anchored multi-stage venture capital firm founded in 2007, managing US$2.5B in AUM. The firm operates three integrated investment strategies: Discovery (pre-seed fund-of-funds and direct investments, in partnership with Northleaf and via the Venture Scientist Fund with Mila), Venture (Series A/B backing of category leaders), and Growth (late-stage and pre-IPO support). Inovia has offices in Montreal, Toronto, Waterloo, Calgary, San Francisco, London, and Abu Dhabi, and invests in North American and European technology companies with global ambitions. The firm focuses on AI/ML, fintech, cybersecurity, digital health, SaaS, and infrastructure. Its latest vehicle is Inovia Growth Fund III, launched in February 2024 with a $450M target and an initial close of $300M in June 2024. Inovia has backed 300+ companies to date, including Cohere, Wealthsimple, Hopper, and Lightspeed, and counts 65+ exits.