Tech-active · Montreal, QC

Inovia Capital

Building global category leaders out of Canada.

← Investors in Quebec
Cheque
$1M to $50M
Role
Can lead a round
Pace
Deploying heavily
Kind
Tech-active
Based in
Montreal, QC
Vehicle size
$420M
Founded
2007
Works in
EN + FR
Last deal seen
August 2026

Their thesis, in full

One of Canada's largest tech VCs ($3.5B CAD AUM), Inovia invests at early and growth stages in ambitious technology companies aiming to become global category leaders. The firm is multi-stage (pre-seed to growth) and operates a full-stack platform with offices in Montreal, Toronto, Waterloo, Calgary, London and Abu Dhabi. Inovia often takes the lead, deploys cheques from $1M to $50M, and supports founders with a dedicated operating team (talent, GTM, finance, international expansion). The firm targets technical founders with global ambition, particularly in SaaS, AI, fintech, marketplaces and cybersecurity.

What they bring past the cheque

  • GTM playbook
  • Talent platform
  • International expansion
  • Growth follow-on
  • Founder community

Questions they usually ask

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

  1. What is your path to a global category leadership position in 5 years?
  2. How does your GTM motion compound across geographies?
  3. Which hires unlock the next 12 months of revenue?

Follow-on

Multi-stage platform actively bridges seed companies into Inovia's growth fund, with reserves to lead Series B and C when the company is on plan.

Who to talk to

  • Chris ArsenaultPartnerLinkedIn ↗
  • Dennis KavelmanPartnerLinkedIn ↗
  • Hugues LalancettePartner
  • Karamdeep NijjarPartnerLinkedIn ↗
  • Kory JeffreyPartner
  • Krista SkaldeChief Talent Officer, Partner
  • Magaly CharbonneauPartner
  • Mia MorissetPartner
  • Patrick PichettePartner
  • Raif JacobsPartner
  • Shawn AbbottPartner
  • Steve WoodsChief Technology Officer, Partner
  • Taha MubashirPartner

Portfolio

Names they back, most notable first.

  • PhotonicSeries B · 2026
  • GaiiaSeries B · 2026
  • CohereSeries B+ · 2025
  • BotpressSeries B · 2025
  • SpellbookSeries B · 2025
  • NovistoSeries C · 2025
  • Neo FinancialSeries D+ · 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 Inovia 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 ↗