31 investors have funded 8 CFO Stack companies head-officed in Ottawa, across 43 rounds (Dec 2002 – Feb 2026). They are ranked by how many Ottawa companies in this market they have actually backed.
"In Ottawa" describes the companies, not the investor: most of the money in any city comes from somewhere else, and the Where the money comes from section below shows exactly where it came from here.
Ranked by companies backed in this market and city, then by round count. "Led" counts rounds recorded with this investor as lead.
| # | Investor | Based in | Stages here | Companies | Rounds | Led | Latest | Portfolio total |
|---|---|---|---|---|---|---|---|---|
| 1 | Covington Capital | Toronto, Canada | Series BSeries CSeed | 2 | 4 | 4 | Apr 2013 | 6 |
| 2 | Real Ventures | Montreal, Canada | SeedSeries ASeries B | 1 | 3 | 2 | Jun 2019 | 151 |
| 3 | 8VC | Austin, United States | SeedSeries A | 1 | 2 | 1 | May 2018 | 324 |
| 4 | OMERS | Toronto, Canada | SeedSeries A | 1 | 2 | 1 | Sep 2016 | 92 |
| 5 | Downing | London, United Kingdom | Seed | 1 | 2 | — | Dec 2017 | 68 |
| 6 | Reciprocal Ventures | New York City, United States | Series ASeries B | 1 | 2 | — | Jun 2019 | 39 |
| 7 | National Bank of Canada | Montreal, Canada | Series ASeries B | 1 | 2 | — | Jun 2019 | 40 |
| 8 | The Group Ventures | Toronto, Canada | Series ASeries B | 1 | 2 | — | Jun 2019 | 7 |
| 9 | Tera Capital | Whitchurch Stouffville, Canada | SeedSeries B | 1 | 2 | 2 | Feb 2011 | 1 |
| 10 | Andreessen Horowitz | New York City, United States | Seed | 1 | 1 | — | Feb 2026 | 1,117 |
| 11 | BDC | Montreal, Canada | Series A | 1 | 1 | — | Sep 2016 | 505 |
| 12 | Scottish Enterprise | Glasgow, United Kingdom | Seed | 1 | 1 | — | Dec 2017 | 273 |
| 13 | Liquid 2 Ventures | San Francisco, United States | Series A | 1 | 1 | — | May 2025 | 309 |
| 14 | Maven Capital Partners | Birmingham, United Kingdom | Seed | 1 | 1 | 1 | Dec 2017 | 219 |
| 15 | Tribe Capital | Menlo Park, United States | Series A | 1 | 1 | 1 | May 2025 | 155 |
| 16 | Altair Capital | San Francisco, United States | Seed | 1 | 1 | — | Feb 2026 | 121 |
| 17 | MaRS Investment Accelerator Fund | Toronto, Canada | Seed | 1 | 1 | 1 | Jun 2017 | 101 |
| 18 | PSG | Boston, United States | Series C | 1 | 1 | 1 | Jul 2023 | 104 |
| 19 | Rebel Fund | San Francisco, United States | Series A | 1 | 1 | — | May 2025 | 69 |
| 20 | PeakSpan Capital | San Mateo, United States | Series B | 1 | 1 | 1 | Jun 2019 | 53 |
| 21 | StandUp Ventures | Toronto, Canada | Seed | 1 | 1 | — | Feb 2026 | 29 |
| 22 | Arrowroot Capital Management | Marina Del Rey, United States | Series C | 1 | 1 | 1 | Jun 2016 | 29 |
| 23 | Assurant | New York City, United States | Series A | 1 | 1 | — | May 2025 | 22 |
| 24 | VentureLink Funds | Toronto, Canada | Series C | 1 | 1 | 1 | Jun 2012 | 13 |
| 25 | L-Spark | Ottawa, Canada | Seed | 1 | 1 | 1 | Apr 2015 | 15 |
| 26 | Scale Up Venture Capital | San Francisco, United States | Series A | 1 | 1 | 1 | Sep 2016 | 7 |
| 27 | Cambrian Fintech | Canada | Series A | 1 | 1 | — | May 2025 | 6 |
| 28 | TechnoCap | Montreal, Canada | Series B | 1 | 1 | — | Dec 2002 | 4 |
| 29 | Deel | San Francisco, United States | Seed | 1 | 1 | — | Feb 2026 | 4 |
| 30 | Langdell Investments | Sunnyvale, United States | Series A | 1 | 1 | — | Sep 2016 | 2 |
| 31 | Stax | Orlando, United States | Series A | 1 | 1 | 1 | Mar 2021 | 1 |
Head office of the investors on this page.
Rounds by stage — where in a company's life this money arrives.
Total disclosed size of each round, not one investor's share.
How active this market has been.
CFO Stack companies head-officed in Ottawa that took money from these investors.
| Company | Backers | Rounds | Disclosed | Latest round |
|---|---|---|---|---|
| MindBridge mindbridge.ai |
8 | 14 | $159.4M | Series C Jul 2023 |
| Stax Bill staxbill.com |
6 | 7 | $28M | Series A Mar 2021 |
| Keep trykeep.com |
5 | 5 | $115M | Series A May 2025 |
| Embotics embotics.com |
4 | 7 | $30.2M | Series C Jun 2016 |
| Pluvo pluvo.io |
4 | 4 | $20M | Seed Feb 2026 |
| CURO curocomp.com |
3 | 4 | $8.7M | Seed Dec 2017 |
| FreeBalance freebalance.com |
1 | 1 | $3M | Series B Dec 2002 |
| Punchtime punchtimeapp.com |
1 | 1 | — | Seed Apr 2015 |
| Date | Investor | Company | Stage | Round size |
|---|---|---|---|---|
| Feb 2026 | Andreessen Horowitz | Pluvo | Seed | $5M |
| Feb 2026 | Altair Capital | Pluvo | Seed | $5M |
| Feb 2026 | Deel | Pluvo | Seed | $5M |
| Feb 2026 | StandUp Ventures | Pluvo | Seed | $5M |
| May 2025 | Liquid 2 Ventures | Keep | Series A | $23M |
| May 2025 | Assurant | Keep | Series A | $23M |
| May 2025 | Tribe CapitalLED | Keep | Series A | $23M |
| May 2025 | Rebel Fund | Keep | Series A | $23M |
| May 2025 | Cambrian Fintech | Keep | Series A | $23M |
| Jul 2023 | PSGLED | MindBridge | Series C | $60M |
| Mar 2021 | StaxLED | Stax Bill | Series A | — |
| Jun 2019 | PeakSpanLED | MindBridge | Series B | $11.4M |
| Jun 2019 | The Group Ventures | MindBridge | Series B | $11.4M |
| Jun 2019 | Reciprocal Ventures | MindBridge | Series B | $11.4M |
| Jun 2019 | Real Ventures | MindBridge | Series B | $11.4M |
| Jun 2019 | National Bank of Canada | MindBridge | Series B | $11.4M |
| May 2018 | The Group Ventures | MindBridge | Series A | $6.5M |
| May 2018 | Reciprocal Ventures | MindBridge | Series A | $6.5M |
| May 2018 | Real VenturesLED | MindBridge | Series A | $6.5M |
| May 2018 | National Bank of Canada | MindBridge | Series A | $6.5M |
CFO Stack investors in other cities
Other markets in Ottawa