Tech-active · Toronto, ON
Ripple Ventures
Inception-stage advanced tech, founder co-pilot.
- Cheque
- $340k to $1.4M
- Role
- Can lead a round
- Pace
- Actively deploying
- Kind
- Tech-active
- Based in
- Toronto, ON
- Founded
- 2018
- Works in
- EN
- Last deal seen
- September 2026
- Stages
- Pre-seed
Their thesis, in full
Toronto-based inception-stage lead in advanced technologies across Canada and the US, from AI infrastructure and vertical AI to deep tech. Ripple acts as an extension of the founding team at the earliest stages, often before the product exists or the company is incorporated. Fund IV, announced in 2026, has already made 10 investments, following 27 in Fund III. The team is intensely operational, working with founders on first hires, GTM motion and Series A readiness. Ripple suits founders who want an active partner at inception, with conviction and speed.
What they bring past the cheque
- Pre-seed lead specialist
- Founder co-pilot model
- Advanced tech and deep tech focus
- Canada-US bridge
- Operator venture partner bench
Questions they usually ask
Have an answer ready for each one before the first call.
- What does the first 5 customer conversations tell us about the painkiller versus vitamin question?
- How are you building the founding team to scale from 0 to 1 to repeatable sales?
- What is the smallest win in the next 6 months that would prove you should keep going?
Follow-on
Ripple reserves selectively for follow-on at seed and bridges founders into institutional Series A syndicates through introductions to the best downstream funds. Monthly KPI cadence and a defined Series A milestone plan are expected.
Who to talk to
- Matt CohenFounder & Managing PartnerLinkedIn ↗
- Dominic LauPartnerLinkedIn ↗
- Katie KoInvestorLinkedIn ↗
- Jay LeeInvestorLinkedIn ↗
Portfolio
Names they back, most notable first.
- Transformer LabPre-seed · 2026
- MycroftSeed · 2025
- PagePre-seed · 2024
- Theo AIPre-seed · 2024
- CimbaPre-seed · 2024
- AsephaPre-seed · 2023
Often in the same rounds
Investors seen alongside them in past rounds.
- Garage Capital
- OMERS Ventures
- Panache Ventures
- MaRS Investment Accelerator Fund
- Luge Capital
- Brightspark Ventures
- Graphite Ventures
- Developer Capital
- Antler
- BoxOne Ventures
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