Generalist · Montreal, QC
Real Ventures
The fund that built Montreal tech.
- Cheque
- $750k to $2M
- Role
- Can lead a round
- Pace
- Quiet lately
- Kind
- Generalist
- Based in
- Montreal, QC
- Vehicle size
- $150M
- Founded
- 2007
- Works in
- EN + FR
- Last deal seen
- March 2026
- Stages
- Pre-seed, Seed, Series A, Series B and later
- Sectors
- Generalist
Their thesis, in full
Montreal-based early-stage fund that shaped Quebec's startup ecosystem via FounderFuel, OSMO and Techstars Montreal. Real invests in mission-driven entrepreneurs leveraging technology to address pressing global challenges, with a focus on founders showing a growth mindset. More than $300M CAD invested across five funds, with investments in 70-plus tech companies today. Real has closed no new fund since 2017 and is currently focused on supporting its existing investee companies and making follow-on investments into them rather than new investments.
What they bring past the cheque
- Montreal ecosystem depth
- Mission-driven founder coaching
- FounderFuel alumni network
- 70-plus active portfolio companies
- Follow-on capital for existing investees
Questions they usually ask
Have an answer ready for each one before the first call.
- What is the global problem you are mission-bound to solve, and why now?
- Are you already one of our investee companies, given that we are currently focused on follow-on investments into our existing portfolio?
- Which Real portfolio founders have you already spoken to, and what did they tell you?
Follow-on
Real reserves follow-on capital for high-conviction names and routinely syndicates with US tier-one seed and Series A funds. The firm is currently focused on supporting its existing investee companies and making follow-on investments into those companies, having closed no new fund since 2017.
Who to talk to
- John StokesManaging PartnerLinkedIn ↗
- Katy YamPartner & FounderFuel General ManagerLinkedIn ↗
- Sam HaffarPartnerLinkedIn ↗
Portfolio
Names they back, most notable first.
- SPARK MicrosystemsSeries B+ · 2026
- tilt.proSeed · 2025
- BlumindSeries A · 2025
- BioIntelligence TechnologiesSeed · 2024
- Nomic BioSeries B+ · 2024
- HumanFirstSeed · 2023
- Eli HealthSeries A · 2025
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 Real Ventures can lead it, tracks every follow-up, and counts the days of silence. Free, no card.
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