Portage Ventures

Portage Ventures

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Investment Firm

Overview

Portage Ventures is a global fintech-focused venture capital investor. The firm makes early-stage investments in promising Canadian financial tech companies that have potential for global impact.

Highlights

Founded

2016

Industry

Financial Services

Employees

51-100

Investment

116

Lead Investment

41

Exits

7

Stages

Early Stage Venture, Seed, Late Stage Venture

Investor Type

Venture Capital

Location

North America

Contact Information

Social

Profile Resume

Portage Ventures, established in 2016 and headquartered in North America., specializes in Early Stage Venture, Seed, Late Stage Venture investments across Financial Services, Finance, FinTech, Impact Investing, Personal Finance, Wealth Management, InsurTech, Insurance, Commercial Insurance, Property Insurance. The organization boasts a portfolio of 114 investments, with an average round size of $23.8M and 7 successful exits. Their recent investments include Wealthsimple, Power Financial Corporation, Zensurance, Ferst Capital Partners - FCP, Street Context. The highest investment round they participated in was $215.6B. Among their most notable exits are Wealthsimple and Power Financial Corporation. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Carina Doshi

Carina Doshi

Chief of Staff

imagePlace Adam Felesky

Adam Felesky

CEO

imagePlace Ross Darwin

Ross Darwin

Principal

imagePlace Robert Hamlin

Robert Hamlin

Principal

imagePlace Ricky Lai

Ricky Lai

Partner

imagePlace Stephanie Choo

Stephanie Choo

Partner

Investment portfolio

Portage Ventures has made 116 investments. Their most recent investment was on Aug 08, 2024, when Walnut Insurance raised $3.4M.

Portage Ventures has made 11 diversity investments. Their most recent diversity investment was on Jan 31, 2024, when Benepass raised $20.0M.

investments

116

Diversity investments

11

Lead investments

41

Number of exits

7

Investments

116

Annouced DateOrganization NameIndustryMoney Raised
Apr 19, 2024
Midas Midas
Financial Services45.0M
May 09, 2024
CoverTree CoverTree
InsurTech13.0M
Jul 30, 2024
Faye Faye
InsurTech31.0M
Aug 08, 2024
Walnut Insurance Walnut Insurance
Financial Services3.4M

Exits

7

Funding Timeline

Funding rounds

116

Investors

0

Funds

3

Funding Rounds

116

Portage Ventures has raised 116 rounds. Their latest funding was raised on Aug 08, 2024 from a Seed Round - Walnut Insurance round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Apr 19, 2024
Series A - Midas Series A - Midas
-45.0M-
May 09, 2024
Series A - CoverTree Series A - CoverTree
-13.0M-
Jul 30, 2024
Series B - Faye Series B - Faye
-31.0M-
Aug 08, 2024
Seed Round - Walnut Insurance Seed Round - Walnut Insurance
-3.4M-

Investors

0

There is no funding round available on this profile

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

Invest in industries

Recent Activity

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