Tech-active · Waterloo, ON

Garage Capital

Founders turned investors backing technical teams

← Investors in Ontario
Cheque
Not disclosed
Role
Can lead a round
Pace
Actively deploying
Kind
Tech-active
Based in
Waterloo, ON
Founded
2013
Works in
EN
Last deal seen
July 2026
Stages
Pre-seed, Seed, Series A
Sectors
SaaS, AI and machine learning, Developer tools and infrastructure, Deeptech and hardware, Fintech and insurtech

Their thesis, in full

Waterloo-based pre-seed and seed fund founded by Michael Litt (Vidyard) and operators from BufferBox and Vidyard. Garage is highly active across the Toronto-Waterloo corridor in B2B software, dev tools and AI, with over 250 portfolio companies. The firm leverages a strong Y Combinator alumni network and a clear thesis on backing technical founders building durable software businesses. Accompaniment is intensely operational, with hands-on support on product, GTM and US expansion.

What they bring past the cheque

  • YC alumni network
  • Founder-operator credibility
  • Waterloo-Toronto corridor
  • B2B SaaS depth
  • Dev tools expertise

Questions they usually ask

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

  1. What is your wedge into developer or B2B buyers and how do you expand from there?
  2. How do you reach $1M ARR with a small founding team?
  3. Are you targeting YC and how does your story land with US Series A funds?

Follow-on

Garage holds reserves for pro rata in its strongest performers and leverages a dense YC alumni network to introduce founders to top US Series A leads, with proven exits like Groq backing the bridge.

Who to talk to

Portfolio

Names they back, most notable first.

  • Upside RoboticsSeed · 2026
  • BackboardPre-seed · 2026
  • Dominion DynamicsPre-seed · 2025
  • ApplyBoardSeries C · 2020
  • GroqSeries A · 2017

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 Garage Capital can lead it, tracks every follow-up, and counts the days of silence. Free, no card.

Open in the app →

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