Tech-active · Toronto, ON

OMERS Ventures

OMERS pension capital for Series A-C tech.

← Investors in Ontario
Cheque
$5M to $15M
Role
Can lead a round
Pace
Selective right now
Kind
Tech-active
Based in
Toronto, ON
Vehicle size
$1B
Founded
2011
Works in
EN
Last deal seen
September 2026
Stages
Series A, Series B and later
Sectors
AI and machine learning, Fintech and insurtech, SaaS, Deeptech and hardware

Their thesis, in full

VC arm of OMERS pension fund, invests at Series A through C with initial cheques of C$5M to C$15M. Fund IV closed in 2020 at US$750M, the firm's first transatlantic fund. Strategic repositioning in 2025 toward Canada, with a slower pace following the departure of Michael Yang and cuts to the US team (headcount fell to 12 from 19). Laura Lenz was appointed Managing Director, Head of Ventures in September 2026 with a Canada first mandate.

What they bring past the cheque

  • Pension capital depth
  • Series A to C bridge
  • Canada-refocused mandate
  • Enterprise SaaS network
  • Long-duration capital

Questions they usually ask

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

  1. Given OMERS Ventures refocused on Canada in 2025, how Canadian is your team, customer base and roadmap?
  2. What is your net dollar retention and how does it compare to top-quartile public SaaS comparables?
  3. Are you actively deploying capital into new logos this year, and what is your pace?

Follow-on

OMERS Ventures carries pension-grade reserves to support portfolio companies from Series A through C and beyond. Follow-on conviction is driven by Net Dollar Retention and clear path to top-quartile SaaS metrics.

Who to talk to

Portfolio

Names they back, most notable first.

  • TurnstileSeries A · 2026
  • OctauraSeries A · 2025
  • OneVestSeries B · 2025
  • Float FinancialSeries B+ · 2025
  • BrightwaveSeries A · 2024
  • LeagueGrowth
  • HootsuiteGrowth

Often in the same rounds

Investors seen alongside them in past rounds.

  • Goldman Sachs
  • Inovia Capital
  • Bessemer Venture Partners
  • Greylock Partners
  • Lightspeed Venture Partners
  • Accel

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 OMERS 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 ↗