125 investors have funded 29 CFO Stack companies head-officed in Toronto, across 193 rounds (Jul 2001 – Aug 2025). They are ranked by how many Toronto companies in this market they have actually backed.
"In Toronto" 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 | Golden Ventures | Toronto, Canada | SeedSeries A | 5 | 7 | 3 | Mar 2023 | 112 |
| 2 | BDC | Montreal, Canada | Series CSeries DSeed | 4 | 6 | 4 | Jul 2021 | 505 |
| 3 | Garage Capital | Kitchener, Canada | SeedSeries ASeries B | 3 | 5 | 1 | Jan 2025 | 76 |
| 4 | Global Founders Capital | Berlin, Germany | Series ASeed | 3 | 3 | — | Nov 2021 | 563 |
| 5 | OMERS | Toronto, Canada | SeedSeries ASeries B | 2 | 6 | 1 | Jan 2025 | 92 |
| 6 | Y Combinator | Mountain View, United States | SeedSeries A | 2 | 5 | 2 | Sep 2023 | 5,648 |
| 7 | Accomplice | Boston, United States | Series BSeries E+Series A | 2 | 5 | 2 | Jan 2023 | 153 |
| 8 | Centana Growth Partners | New York City, United States | Series CSeries B | 2 | 4 | 2 | Dec 2022 | 31 |
| 9 | Mistral | Toronto, Canada | Series ASeries B | 2 | 3 | — | Aug 2021 | 40 |
| 10 | Luge Capital | Montreal, Canada | SeedSeries ASeries B | 2 | 3 | 1 | Dec 2022 | 25 |
| 11 | Susa Ventures | San Francisco, United States | Series A | 2 | 2 | — | Nov 2021 | 137 |
| 12 | MaRS Investment Accelerator Fund | Toronto, Canada | Seed | 2 | 2 | 2 | Nov 2020 | 101 |
| 13 | FinTech Collective | New York City, United States | Series ASeed | 2 | 2 | 1 | Feb 2025 | 76 |
| 14 | StandUp Ventures | Toronto, Canada | Seed | 2 | 2 | 1 | Feb 2025 | 29 |
| 15 | CRV | Palo Alto, United States | Series ASeries BSeries C | 1 | 5 | 2 | May 2017 | 381 |
| 16 | Social Capital | Menlo Park, United States | Series DSeries BSeries C | 1 | 4 | 1 | May 2017 | 213 |
| 17 | MATH Venture Partners | Chicago, United States | Series A | 1 | 3 | 1 | Jan 2023 | 37 |
| 18 | Oak Investment Partners | Greenwich, United States | Series BSeries A | 1 | 2 | 1 | Jul 2017 | 179 |
| 19 | Craft Ventures | San Francisco, United States | SeedSeries A | 1 | 2 | 2 | Sep 2023 | 197 |
| 20 | OurCrowd | Jerusalem, Israel | Series CSeries D | 1 | 2 | — | May 2017 | 171 |
| 21 | Tribe Capital | Menlo Park, United States | Series ASeries B | 1 | 2 | 1 | May 2022 | 155 |
| 22 | Precursor Ventures | San Francisco, United States | Series A | 1 | 2 | 1 | Jan 2023 | 152 |
| 23 | JMI Management | Baltimore, United States | Series C | 1 | 2 | 1 | Apr 2021 | 112 |
| 24 | Georgian | Toronto, Canada | Series ASeries B | 1 | 2 | 1 | Jul 2017 | 76 |
| 25 | HarbourVest Partners | Boston, United States | Series D | 1 | 2 | — | May 2017 | 95 |
| 26 | FINTOP | Nashville, United States | Series ASeries B | 1 | 2 | 1 | Dec 2022 | 53 |
| 27 | Struck Capital | Santa Monica, United States | Series ASeries B | 1 | 2 | — | May 2022 | 45 |
| 28 | Relay Ventures | Toronto, Canada | Series BSeries A | 1 | 2 | 1 | Aug 2021 | 27 |
| 29 | Information Venture Partners | Toronto, Canada | Series ASeries B | 1 | 2 | 1 | Jul 2019 | 25 |
| 30 | Impression Ventures | Toronto, Canada | SeedSeries A | 1 | 2 | 1 | Mar 2017 | 25 |
| 31 | LDV Partners | Palo Alto, United States | Series BSeries A | 1 | 2 | — | Aug 2021 | 31 |
| 32 | First Ascent Ventures | Toronto, Canada | Series ASeries B | 1 | 2 | 1 | Jul 2019 | 16 |
| 33 | Ten Coves Capital | Darien, United States | Series CSeries D | 1 | 2 | 1 | Aug 2025 | 18 |
| 34 | BEST Funds | Toronto, Canada | Series A | 1 | 2 | — | Dec 2011 | 17 |
| 35 | Plexo Capital | San Francisco, United States | Series A | 1 | 2 | 1 | Jan 2023 | 8 |
| 36 | 500 Global | San Francisco, United States | Series A | 1 | 1 | — | Jun 2020 | 1,988 |
| 37 | Tiger Global Management | New York City, United States | Series A | 1 | 1 | — | Nov 2021 | 791 |
| 38 | Plug and Play Tech Center | Sunnyvale, United States | Series A | 1 | 1 | — | May 2021 | 934 |
| 39 | Goldman Sachs | New York City, United States | Series B | 1 | 1 | 1 | Jan 2025 | 695 |
| 40 | FJ Labs | New York City, United States | Series B | 1 | 1 | — | Jan 2025 | 661 |
| 41 | Atlas Venture | Cambridge, United States | Series A | 1 | 1 | — | Jul 2014 | 302 |
| 42 | Gaingels | New York City, United States | Series E+ | 1 | 1 | — | Aug 2021 | 506 |
| 43 | J P Morgan | New York City, United States | Series E+ | 1 | 1 | — | Aug 2021 | 293 |
| 44 | Accelerator Centre | Waterloo, Canada | Seed | 1 | 1 | 1 | Jan 2020 | 380 |
| 45 | Soma Capital | San Francisco, United States | Seed | 1 | 1 | — | Oct 2021 | 333 |
| 46 | Sapphire Ventures | Austin, United States | Series D | 1 | 1 | 1 | Aug 2025 | 189 |
| 47 | Inovia Capital | Montreal, Canada | Series A | 1 | 1 | — | Apr 2021 | 208 |
| 48 | Anthemis Group | London, United Kingdom | Seed | 1 | 1 | — | Nov 2020 | 156 |
| 49 | Real Ventures | Montreal, Canada | Seed | 1 | 1 | 1 | Apr 2015 | 151 |
| 50 | Entree Capital | London, United Kingdom | Series A | 1 | 1 | — | May 2021 | 144 |
| 51 | Barclays | London, United Kingdom | Series E+ | 1 | 1 | — | Aug 2021 | 171 |
| 52 | Abstract Ventures | San Francisco, United States | Series A | 1 | 1 | — | Sep 2023 | 156 |
| 53 | Caisse de depot et placement du Quebec | Quebec City, Canada | Series A | 1 | 1 | 1 | Jul 2001 | 145 |
| 54 | Hustle Fund | San Carlos, United States | Seed | 1 | 1 | — | Sep 2022 | 161 |
| 55 | Hyde Park Venture Partners | Chicago, United States | Seed | 1 | 1 | — | Jun 2017 | 93 |
| 56 | Nyca Partners | New York City, United States | Series A | 1 | 1 | 1 | May 2021 | 102 |
| 57 | Oak HC/FT | Stamford, United States | Series D | 1 | 1 | 1 | Aug 2025 | 105 |
| 58 | Hack VC | San Francisco, United States | Series A | 1 | 1 | — | May 2021 | 140 |
| 59 | CMT Digital | Chicago, United States | Seed | 1 | 1 | 1 | Aug 2023 | 118 |
| 60 | OpenView | Boston, United States | Series A | 1 | 1 | 1 | Feb 2018 | 74 |
| 61 | Berkeley SkyDeck | Berkeley, United States | Seed | 1 | 1 | 1 | Sep 2021 | 111 |
| 62 | Electric Capital | Palo Alto, United States | Seed | 1 | 1 | 1 | Sep 2022 | 97 |
| 63 | JPMorgan Chase | New York City, United States | Series B | 1 | 1 | 1 | Aug 2019 | 98 |
| 64 | Saison Capital | Singapore, Singapore | Seed | 1 | 1 | — | Aug 2023 | 87 |
| 65 | Portage | Montreal, Canada | Series A | 1 | 1 | 1 | Jan 2023 | 71 |
| 66 | Radical Ventures | Toronto, Canada | Series B | 1 | 1 | 1 | Jul 2019 | 70 |
| 67 | Mantis VC | Los Angeles, United States | Seed | 1 | 1 | — | Sep 2022 | 82 |
| 68 | FIS | Jacksonville, United States | Series A | 1 | 1 | 1 | Jun 2021 | 84 |
| 69 | Lead Edge Capital | New York City, United States | Seed | 1 | 1 | 1 | Jun 2024 | 66 |
| 70 | Decheng Capital | Shanghai, China | Series B | 1 | 1 | 1 | Dec 2022 | 60 |
| 71 | Vista Equity Partners | Austin, United States | Series C | 1 | 1 | 1 | Apr 2021 | 78 |
| 72 | The Yield Lab | St. Louis, United States | Series A | 1 | 1 | 1 | Jul 2021 | 59 |
| 73 | Kensington Capital Partners | Toronto, Canada | Series B | 1 | 1 | 1 | May 2022 | 55 |
| 74 | Brightspark Ventures | Montreal, Canada | Series A | 1 | 1 | — | Jul 2001 | 37 |
| 75 | TELUS Ventures | Vancouver, Canada | Series B | 1 | 1 | — | May 2022 | 50 |
| 76 | Round13 | Toronto, Canada | Seed | 1 | 1 | 1 | Jun 2017 | 45 |
| 77 | Ontario Centre of Innovation | Toronto, Canada | Seed | 1 | 1 | — | Mar 2015 | 47 |
| 78 | National Bank of Canada | Montreal, Canada | Series B | 1 | 1 | — | Jul 2019 | 40 |
| 79 | NewMargin Ventures | Shanghai, China | Series B | 1 | 1 | 1 | Dec 2022 | 45 |
| 80 | Flex Capital | San Francisco, United States | Series B | 1 | 1 | — | May 2022 | 40 |
| 81 | N49P | Toronto, Canada | Series A | 1 | 1 | — | May 2021 | 39 |
| 82 | Franklin Templeton India | Mumbai, India | Seed | 1 | 1 | 1 | Feb 2024 | 42 |
| 83 | Bank of Montreal | Toronto, Canada | Series E+ | 1 | 1 | — | Aug 2021 | 39 |
| 84 | Vestigo Ventures | Cambridge, United States | Series A | 1 | 1 | — | May 2021 | 28 |
| 85 | GreenSky | Toronto, Canada | Seed | 1 | 1 | 1 | May 2022 | 26 |
| 86 | Maple VC | San Francisco, United States | Seed | 1 | 1 | — | Sep 2022 | 31 |
| 87 | Polygon Ventures | Singapore, Singapore | Seed | 1 | 1 | — | Aug 2023 | 31 |
| 88 | National Australia Bank | Melbourne, Australia | Series D | 1 | 1 | 1 | May 2017 | 26 |
| 89 | Emerald Development Managers | New York City, United States | Seed | 1 | 1 | 1 | Apr 2025 | 18 |
| 90 | Portage Ventures | Toronto | Series D | 1 | 1 | 1 | May 2017 | 24 |
| 91 | FedDev Ontario | Waterloo, Canada | Seed | 1 | 1 | — | Sep 2011 | 27 |
| 92 | Mogo | Vancouver, Canada | Series A | 1 | 1 | 1 | Nov 2013 | 20 |
| 93 | Sumeru Equity Partners | San Mateo, United States | Series B | 1 | 1 | — | Apr 2021 | 25 |
| 94 | Watertower Ventures | Beverly Hills, United States | Seed | 1 | 1 | — | Feb 2025 | 17 |
| 95 | Klass Capital | Toronto, Canada | Series A | 1 | 1 | 1 | Oct 2012 | 15 |
| 96 | Generation Ventures | Toronto, Canada | Series B | 1 | 1 | 1 | Aug 2021 | 13 |
| 97 | Manulife | Toronto, Canada | Series E+ | 1 | 1 | — | Aug 2021 | 16 |
| 98 | 500 Startups Canada | Toronto, Canada | Seed | 1 | 1 | 1 | Aug 2017 | 16 |
| 99 | RBC Ventures | Toronto, Canada | Series D | 1 | 1 | 1 | May 2017 | 12 |
| 100 | EdgeStone Capital Partners | Toronto, Canada | Seed | 1 | 1 | — | Dec 2004 | 10 |
Showing the top 100 of 125. Search the full investor set →
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 Toronto that took money from these investors.
| Company | Backers | Rounds | Disclosed | Latest round |
|---|---|---|---|---|
| Wave waveapps.com |
13 | 28 | $386.8M | Series D May 2019 |
| Humi HR humi.ca |
12 | 15 | $174.2M | Series B Dec 2022 |
| Sensibill getsensibill.com |
11 | 14 | $198.9M | Series B Jul 2019 |
| FreshBooks freshbooks.com |
10 | 13 | $703.5M | Series E+ Aug 2021 |
| Blue J bluej.com |
10 | 14 | $674M | Series D Aug 2025 |
| Float floatfinancial.com |
9 | 9 | $364M | Series B Jan 2025 |
| Notch notch.financial |
9 | 18 | $190.4M | Series A Jan 2023 |
| Railz railz.ai |
9 | 9 | $96M | Series A Jun 2021 |
| Secoda secoda.co |
8 | 12 | $71.2M | Series A Sep 2023 |
| Plooto plooto.com |
6 | 8 | $79.1M | Series B Dec 2022 |
| Vena Marketing venasolutions.com |
5 | 8 | $982.6M | Series C Apr 2021 |
| Integral integral.xyz |
5 | 5 | $34M | Seed Feb 2024 |
| Aya ayacare.com |
5 | 5 | $14.5M | Seed Nov 2020 |
| Paidiem paidiem.com |
4 | 4 | $135K | Seed May 2022 |
| Cryptoworth cryptoworth.com |
4 | 4 | — | Seed Aug 2023 |
| Think Dynamics thinkdynamics.com |
3 | 3 | $21M | Series A Jul 2001 |
| Hubdoc hubdoc.com |
3 | 3 | $14.6M | Seed Jun 2017 |
| Glassbox glassboxfinance.com |
3 | 3 | $3.6M | Seed Feb 2025 |
| Loopio loopio.com |
2 | 2 | $209M | Series B Apr 2021 |
| CapIntel capintel.com |
2 | 2 | $22M | Series A Jun 2022 |
| DisclosureNet disclosurenet.com |
2 | 3 | $13M | Series A Dec 2011 |
| Fluence Technologies fluencetech.com |
2 | 2 | $10.2M | Series A May 2021 |
| Una Software unasoftware.com |
2 | 2 | $8.8M | Seed Apr 2025 |
| Barley barley.io |
2 | 2 | $8M | Seed Mar 2023 |
| pVelocity pvelocity.com |
1 | 1 | $3.4M | Seed Dec 2004 |
| BeniPlus beniplus.ca |
1 | 1 | $808.4K | Seed Mar 2024 |
| WayPay waypay.ca |
1 | 1 | — | Seed Aug 2017 |
| Blackspark blacksparkcorp.com |
1 | 1 | — | Seed Dec 2021 |
| IGM Technology igm.technology |
1 | 1 | — | Seed Jun 2024 |
| Date | Investor | Company | Stage | Round size |
|---|---|---|---|---|
| Aug 2025 | Oak HC/FTLED | Blue J | Series D | $122M |
| Aug 2025 | Sapphire VenturesLED | Blue J | Series D | $122M |
| Aug 2025 | CPA | Blue J | Series D | $122M |
| Aug 2025 | Intrepid Growth Partners | Blue J | Series D | $122M |
| Aug 2025 | Ten Coves Capital | Blue J | Series D | $122M |
| Apr 2025 | Emerald Development ManagersLED | Una Software | Seed | $4.4M |
| Apr 2025 | Staircase VenturesLED | Una Software | Seed | $4.4M |
| Feb 2025 | FinTech CollectiveLED | Glassbox | Seed | $1.2M |
| Feb 2025 | Watertower Ventures | Glassbox | Seed | $1.2M |
| Feb 2025 | StandUp VenturesLED | Glassbox | Seed | $1.2M |
| Jan 2025 | FJ Labs | Float | Series B | $48.8M |
| Jan 2025 | Goldman SachsLED | Float | Series B | $48.8M |
| Jan 2025 | OMERS | Float | Series B | $48.8M |
| Jan 2025 | Teralys Capital | Float | Series B | $48.8M |
| Jan 2025 | Garage Capital | Float | Series B | $48.8M |
| Dec 2024 | Ten Coves CapitalLED | Blue J | Series C | — |
| Jun 2024 | Lead Edge CapitalLED | IGM Technology | Seed | — |
| Mar 2024 | Axis Insurance | BeniPlus | Seed | $808.4K |
| Feb 2024 | Franklin Templeton IndiaLED | Integral | Seed | — |
| Sep 2023 | Abstract Ventures | Secoda | Series A | $14M |
CFO Stack investors in other cities
Other markets in Toronto