Tech-active · Toronto, ON

Georgian

Growth capital with an applied-AI playbook.

← Investors in Ontario
Cheque
$34M to $68M
Role
Can lead a round
Pace
Actively deploying
Kind
Tech-active
Based in
Toronto, ON
Vehicle size
$1.2B
Founded
2008
Works in
EN
Last deal seen
June 2026

Their thesis, in full

Georgian invests in market-leading B2B SaaS companies with strong management teams at the growth stage, typically those generating at least US$500K in monthly recurring revenue. The firm specializes in applied AI for SaaS, deploying $20M to $100M per cheque, with Fund VI at US$892M and a complementary Alignment II vehicle. The core value proposition is the Georgian operating platform (R&D Impact Team), which delivers AI, growth and talent playbooks directly embedded with portfolio companies. Built for Series B+ founders who want a Canadian institutional partner capable of leading ambitious growth rounds without forcing them to navigate New York funds.

What they bring past the cheque

  • Applied AI
  • Growth playbook
  • R&D Impact Team
  • Talent platform
  • Series B lead

Questions they usually ask

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

  1. What is your Magic Number and how is it trending?
  2. Which AI capability is the next compounding lever for the product?
  3. How does net revenue retention break down by cohort and segment?

Follow-on

Follows on heavily in breakout portfolio companies, with US$100M+ follow-ons and minority recaps deployed through the Alignment II vehicle, including lead positions in late rounds such as Cyera's US$540M Series E.

Who to talk to

Portfolio

Names they back, most notable first.

  • Dominion DynamicsSeries A · 2026
  • SupabaseSeries F · 2026
  • RenderSeries C-1 · 2026
  • PolyAISeries D · 2025
  • CyeraSeries E · 2025
  • ReplitSeries C · 2025
  • IslandSeries E · 2025

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 Georgian 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 ↗