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About Venture Ontario

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An Innovative Pioneer in Venture Capital Investing

$490million

Cumulative investments in venture capital funds and start-up companies

What We Do

Empowerment and Growth in Ontario

Venture Ontario actively manages the province's venture capital investment portfolio, ensuring that high-potential funds and companies gain the essential capital they require to flourish. As a pivotal player in the province's economic growth, we not only direct resources but also make strategic investment decisions, propelling Ontario's most innovative and promising ventures towards success and prosperity.

Aligned with Ontario's broader policy goals, Venture Ontario aims to develop a more profitable, globally competitive, and self-sustaining venture capital industry. We assist Ontario's entrepreneurial and innovative businesses in becoming global leaders, resulting in the creation of the next generation of high-quality, high-paying jobs in Ontario—at no cost to taxpayers.

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The Power of Partnerships

Following a recognized and successful partnership model, Venture Ontario has allocated nearly $400 million to venture capital funds across thirteen entities either based in or focused on Ontario. These funds in turn support emerging companies or managers helping them to scale up and compete globally. The robust relationships we've forged continue to energize Ontario's thriving venture capital ecosystem.

We invest

Ontario

Venture Ontario has invested directly or indirectly into a number of innovative high-potential companies across the province over the past 15 years.

Brockville

  • Newterra

Cambridge

  • eSentire

Guelph

  • Well.ca

Hamilton

  • Fusion Pharmaceuticals
  • Adapsyn Biosciences Inc.

Kitchener

  • Clearpath Robotics
  • Thalmic Labs
  • TribeHR Corporation
  • Vertical

Markham

  • Edesa Biotech Inc.
  • Exact Imaging Inc.
  • Spectra7 Microsystems Corp.

Ottawa

  • AirVM
  • Canvaspop
  • Corsa Technology
  • Filefacets Corporation
  • Freshbooks
  • Graphite Software
  • KodaCloud
  • Nuvyyo
  • Rare
  • Shopify
  • Turnstone Biologics

Toronto

  • Achievers
  • Aislelabs
  • Apphero Inc.
  • Aptose Biosciences Inc.
  • BranchSci
  • Bluecat Networks Inc.
  • Blueline Bioscience
  • Carrot Insights Inc.
  • Chango
  • Chatkit Inc.
  • Cority
  • Ecobee
  • Figure 1
  • Flybits
  • Gallop
  • Helpful
  • Inkbox
  • Intuitive
  • Integrate.ai Inc.
  • Jiffy
  • Joist
  • Kira Talent
  • Locationary
  • Nymi Inc.
  • Plooto Network
  • PostBeyond
  • Polar
  • Pumpup
  • Q4 Inc.
  • Ritual
  • Roadmunk
  • Ross
  • Rubikloud Technologies
  • ScribbleLive
  • Sensibill
  • ShopLocket
  • Snaptravel
  • Soapbox
  • Swift Medical Inc.
  • teaBOT
  • theScore Inc.
  • Top Hat
  • TouchBistro
  • Upverter
  • VarageSale
  • Vixs Systems
  • Vleepo Inc.
  • Wattpad Corp.
  • Xanadu

Sudbury

  • TimeHero Inc.

Waterloo

  • Auvik Networks Inc.
  • Avidbots Corp.
  • Chatter
  • Connections
  • ChefHero
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We help create the next generation of high-quality, high-paying jobs in Ontario at no cost to taxpayers.

Through Venture Ontario's investments, Ontario portfolio companies currently employ over 10,000 people.

10,000

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$15B

In revenues

$4B

In R&D

Dollar values are cumulative.

Beyond Investing:

Developing a World-Class Venture
Capital Ecosystem in Ontario

Investing in promising Ontario businesses encompasses much more than just providing capital. We make foundational commitments, which in turn attract additional investments from institutional investors, thereby strengthening the province's venture capital industry. This approach has transitioned the industry from a cycle of limited capital and modest returns to a dynamic environment where success breeds further success. Our growing funds engage in more significant deals, enhancing wealth, job opportunities, and provincial revenue. This strategy also attracts top talent and fosters a culture of innovation. Consistently, Ontario ranks among the top 10 jurisdictions in North American venture investment, reflecting our steadfast dedication to developing a globally competitive and innovative business landscape.

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Venture Ontario remains committed to building a more profitable, globally competitive, and self-sustaining venture capital industry, helping Ontario to capitalize on the growing impact of technology.

Investing in the Ontario of Tomorrow:

A Risk-Capital Framework for
the 21st Century

Despite significant progress, there remain opportunities to enhance our impact. In alignment with the government's public policy goals, Venture Ontario actively identifies and addresses gaps in the province's high-tech sectors. We opportunistically invest in these areas, focusing on key economic drivers, to further boost the vibrant Ontario venture capital market. Building on our past successes, Venture Ontario remains committed to fostering economic growth and job creation, while enhancing the province's competitiveness. This enduring objective guides our actions and strategies into the foreseeable future, ensuring sustained advancement and innovation in Ontario's evolving economic landscape.

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Explore Our Journey

Venture to Grow: Investing in the Ontario of Tomorrow provides observations on Ontario's venture capital ecosystem and our significant contributions in strengthening and evolving it, paving the way for a prosperous Ontario future.