Tech-active · Toronto, ON

Golden Ventures

Canada's high-conviction seed lead

← Investors in Ontario
Cheque
$680k to $4.1M
Role
Can lead a round
Pace
Actively deploying
Kind
Tech-active
Based in
Toronto, ON
Vehicle size
$139M
Founded
2011
Works in
EN
Last deal seen
June 2026
Stages
Pre-seed, Seed
Sectors
SaaS, AI and machine learning, Fintech and insurtech, Marketplaces and consumer, Deeptech and hardware

Their thesis, in full

A Canadian seed reference since 2011, Toronto-based Golden Ventures was founded by Matt Golden. The firm leads roughly 30 core portfolio investments per fund, writing initial cheques of US$500K to $3M with strong follow-on reserves. Fund V closed at approximately US$100M in 2024 to keep backing seed-stage Canadian and US founders. Generalist thesis, tight team and high conviction on founder quality. Golden has a long track record of leading first institutional rounds and supporting founders through Series A and beyond.

What they bring past the cheque

  • Seed lead conviction
  • Founder community
  • Cross-border reach
  • Strong reserves

Questions they usually ask

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

  1. What is the Fund V portfolio construction (number of core companies, average ownership target)?
  2. How does Golden support seed founders preparing for a US-led Series A?
  3. What is the firm's approach to reserves and pro-rata across follow-on rounds?

Follow-on

Fund V's US$100M sizing is built around concentrated initial checks plus material follow-on reserves into Series A and B for portfolio winners.

Who to talk to

Portfolio

Names they back, most notable first.

  • ProperlyExited · 2023
  • Neo Financial2020
  • Faire

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

Open in the app →

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