Specialist · Toronto, ON
InvestEco Capital
Sustainable food, growth-stage capital.
- Cheque
- $3M to $10M
- Role
- Can lead a round
- Pace
- Selective right now
- Kind
- Specialist
- Based in
- Toronto, ON
- Vehicle size
- $106M
- Founded
- 2002
- Works in
- EN
- Last deal seen
- September 2025
- Stages
- Series A, Series B and later
- Sectors
- Marketplaces and consumer
Their thesis, in full
Pure-play fund in sustainable agriculture and food. InvestEco invests in strong, well-managed food companies that are differentiated, offer health and sustainability attributes, and have the potential to outperform. Targets expansion-stage North American companies with revenues of $5M to $30M. Fund III held its final close at $100M in 2020. Fund IV, launched in 2024, held its final close at C$106M in June 2026, the firm's largest fund to date. The thesis is anchored in food and sustainability rather than pure climate-energy. The team suits CPG and food-tech founders looking for a capital partner with deep sector expertise and a clear sustainability mandate.
What they bring past the cheque
- Sustainable food expertise
- Growth-stage discipline
- Brand and category strategy
- Retail and distribution intros
- Impact LP base
Questions they usually ask
Have an answer ready for each one before the first call.
- What is your gross margin trajectory from current scale to a 5x revenue base?
- Which sustainability and health attributes are differentiators that consumers actually pay for?
- What does your path to $50M revenue and EBITDA positivity look like?
Follow-on
InvestEco holds reserves to follow its food and ag portfolio through subsequent growth rounds, syndicating with consumer-focused co-investors such as Watchfire Ventures, Santatera Capital and Beliade Consumer Partners. Founders share quarterly category KPIs and margin progression with the team.
Portfolio
Names they back, most notable first.
- Little SesameSeries A · 2025
- Humble Snacks
- Mid-Day Squares
- Algae Cooking Club
- Chickapea
- OM Mushroom
- Evive
- Gusta Foods
- Maison Le Grand
- Mara Renewables
Often in the same rounds
Investors seen alongside them in past rounds.
- Watchfire Ventures
- Santatera Capital
- Beliade Consumer Partners
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 InvestEco Capital can lead it, tracks every follow-up, and counts the days of silence. Free, no card.
Open in the app →