Corporate VC · Montreal, QC

Desjardins Capital

Quebec cooperative capital, patient and broad.

← Investors in Quebec
Cheque
$500k to $65M
Role
Can lead a round
Pace
Actively deploying
Kind
Corporate VC
Based in
Montreal, QC
Founded
1974
Works in
FR + EN
Last deal seen
May 2026

Their thesis, in full

Desjardins Capital is the venture capital and growth capital arm of Mouvement Desjardins, the largest cooperative financial group in North America. With $3 billion in assets under management and a portfolio of 750+ Quebec companies, cooperatives and funds, Desjardins Capital deploys patient capital across multiple sub-funds (private equity, private debt, growth capital, venture capital) supporting startup, growth and transfer stages. Sector-agnostic mandate with strong roots in Quebec entrepreneurship. Latest disclosed investment in STGM Architecture in May 2026, after AON3D alongside lead Cycle Capital in January 2026. Tickets range from $500k to $65M, can lead or follow depending on stage.

What they bring past the cheque

  • Cooperative capital patience
  • Multi-fund deployment (private equity, private debt, growth capital, venture capital)
  • Quebec SME ecosystem reach
  • Long-term partnership posture
  • Sister-fund follow-on through Mouvement Desjardins

Questions they usually ask

Have an answer ready for each one before the first call.

  1. Are you seeking venture capital for a startup or growth capital for a later-stage company, and why?
  2. How does your business serve or partner with Desjardins' member base of cooperatives and SMEs?
  3. What is your horizon to profitability, and does patient capital fit your trajectory?

Follow-on

With $3 billion in assets under management across multiple sub-funds (private equity, private debt, growth capital, venture capital), Desjardins Capital recycles capital from stage to stage and can follow on from seed through growth. Cooperative capital posture means longer hold horizons than typical VC.

Who to talk to

  • Nathalie BernardChief Operating Officer
  • Pierre TessierVice-President and Chief Officer, Investment
  • Catherine LalondeVice-President and Chief Officer, Investment Fund Management
  • Mario TremblayVice-President, Growth Capital (Quebec City and Eastern Quebec)
  • Louis PotvinAssistant Vice-President, Investment Funds and Partnerships

Portfolio

Names they back, most notable first.

  • STGM ArchitectureGrowth · 2026
  • SmartD TechnologiesGrowth · 2026
  • BilldrSeed · 2026
  • AON3DGrowth · 2026
  • Puzzle Medical DevicesSeries A · 2025
  • QohashSeries B · 2024

Often in the same rounds

Investors seen alongside them in past rounds.

Similar investors

Overlapping sectors and stages. Useful to build a list of 10 to 20 names for one round.

See how they fit your round

Set your stage, sector and amount once. Fractal App tells you if Desjardins Capital can lead it, tracks every follow-up, and counts the days of silence. Free, no card.

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Checked September 2026 from public sources. source ↗ · Website ↗ · LinkedIn ↗