Specialist · Montreal, QC

Luge Capital

Building fintech champions

← Investors in Quebec
Cheque
$500k to $5M
Role
Can lead a round
Pace
Actively deploying
Kind
Specialist
Based in
Montreal, QC
Vehicle size
$96M
Founded
2018
Works in
EN + FR
Last deal seen
February 2026
Stages
Pre-seed, Seed, Series A
Sectors
Fintech and insurtech, Cybersecurity

Their thesis, in full

Pure-play fintech fund based in Montreal, investing at the early stage across Canada and the US. Luge backs exceptional founders transforming financial services, from infrastructure to consumer to embedded fintech. Fund II closed in 2024 at $96M CAD, bringing total AUM to approximately $180M. Anchored by La Caisse and Sun Life. Three or more investments in 2025 and early 2026, including Mycroft, Cybrid and Velix. The team brings deep operator and regulatory expertise to founders building in heavily regulated financial markets.

What they bring past the cheque

  • Fintech-only specialist
  • Caisse and Sun Life access
  • Canada-US fintech bridge
  • FR-speaking partner team
  • Distribution partnership intros

Questions they usually ask

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

  1. What is your unit economics per customer and where does it differ from incumbents?
  2. Which large financial institution is most likely to be your channel partner or strategic acquirer?
  3. How are you handling regulatory exposure across Canada and the US?

Follow-on

Luge reinvests in later rounds of its portfolio. It joined Plooto's US$20M Series B in 2022 with Centana and FINTOP, and OneVest's US$20M Series B in January 2025 with Salesforce Ventures and OMERS Ventures.

Who to talk to

Portfolio

Names they back, most notable first.

  • VelixPre-seed · 2026
  • CybridSeries A · 2025
  • OneVestSeries B · 2025
  • MycroftSeed · 2025
  • Owl.coSeed · 2019
  • FlinksSeed · 2018
  • PlootoSeries A · 2021

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 Luge 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 ↗