22 investors have funded 10 EdTech SaaS companies head-officed in Toronto, across 31 rounds (Jan 2009 – Feb 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 | BDC | Montreal, Canada | Series ASeedSeries B | 2 | 3 | — | Nov 2021 | 505 |
| 2 | Saratoga Investment | New York City, United States | PE | 2 | 2 | 2 | Sep 2018 | 57 |
| 3 | Relay Ventures | Toronto, Canada | SeedSeries A | 1 | 4 | 3 | Aug 2016 | 64 |
| 4 | TIAP | Toronto, Canada | Seed | 1 | 3 | — | Jun 2013 | 29 |
| 5 | Round13 | Toronto, Canada | Series ASeries B | 1 | 2 | 1 | Nov 2021 | 45 |
| 6 | SOSV | Cork, Ireland | Seed | 1 | 1 | — | Aug 2011 | 446 |
| 7 | Accelerator Centre | Waterloo, Canada | Seed | 1 | 1 | 1 | Jun 2016 | 380 |
| 8 | Start-Up Chile | Santiago, Chile | Seed | 1 | 1 | — | Sep 2011 | 365 |
| 9 | Riverside | Cleveland, United States | PE | 1 | 1 | — | May 2018 | 177 |
| 10 | Chinaccelerator | Shanghai, China | Seed | 1 | 1 | — | Aug 2011 | 83 |
| 11 | Serent Capital | San Francisco, United States | PE | 1 | 1 | — | Sep 2018 | 50 |
| 12 | Ontario Centre of Innovation | Toronto, Canada | Seed | 1 | 1 | — | Oct 2012 | 47 |
| 13 | Globalive Capital | Toronto, Canada | Series A | 1 | 1 | — | Aug 2016 | 30 |
| 14 | UTEST | Toronto, Canada | Seed | 1 | 1 | — | Jun 2013 | 32 |
| 15 | Rothschild & Co | Paris, France | Unattributed | 1 | 1 | — | Feb 2025 | 18 |
| 16 | Bain Capital Double Impact | Boston, United States | Series B | 1 | 1 | 1 | Nov 2021 | 15 |
| 17 | Communitech | Kitchener, Canada | Seed | 1 | 1 | — | Nov 2015 | 13 |
| 18 | Flow Ventures | Toronto, Canada | Angel | 1 | 1 | — | Jan 2009 | 7 |
| 19 | Ideal Ventures | Markham, Canada | Series A | 1 | 1 | — | Oct 2020 | 3 |
| 20 | Nicoya Ventures | Miami, United States | Series A | 1 | 1 | — | Oct 2020 | 1 |
| 21 | Nelson | Toronto, Canada | Series A | 1 | 1 | — | Oct 2020 | 1 |
| 22 | ALEXANDRIA CORP | Buenos Aires, Argentina | Series A | 1 | 1 | — | Oct 2020 | 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.
EdTech SaaS companies head-officed in Toronto that took money from these investors.
| Company | Backers | Rounds | Disclosed | Latest round |
|---|---|---|---|---|
| Knowledgehook knowledgehook.com |
6 | 6 | $80M | Series A Oct 2020 |
| Hi Mama himama.com |
3 | 4 | $172.4M | Series B Nov 2021 |
| Kira Talent kiratalent.com |
3 | 7 | $18.9M | Series A Aug 2016 |
| Crowdmark crowdmark.com |
3 | 5 | $1.3M | Seed Jun 2013 |
| KEV Group kevgroup.com |
3 | 3 | — | Unattributed Feb 2025 |
| eProf eprof.com |
2 | 2 | — | Seed Aug 2011 |
| Destiny Solutions destinysolutions.com |
1 | 1 | $11M | PE May 2018 |
| Modern Campus moderncampus.com |
1 | 1 | — | PE May 2018 |
| Gradematic gradematic.com |
1 | 1 | — | Seed Sep 2011 |
| Symtext symtext.com |
1 | 1 | — | Angel Jan 2009 |
| Date | Investor | Company | Stage | Round size |
|---|---|---|---|---|
| Feb 2025 | Rothschild & Co | KEV Group | Unattributed | — |
| Nov 2021 | BDC | Hi Mama | Series B | $55.6M |
| Nov 2021 | Bain Capital Double ImpactLED | Hi Mama | Series B | $55.6M |
| Nov 2021 | Round13 | Hi Mama | Series B | $55.6M |
| Oct 2020 | ALEXANDRIA CORP | Knowledgehook | Series A | $20M |
| Oct 2020 | Nelson | Knowledgehook | Series A | $20M |
| Oct 2020 | Ideal Ventures | Knowledgehook | Series A | $20M |
| Oct 2020 | Nicoya Ventures | Knowledgehook | Series A | $20M |
| Apr 2019 | Round13LED | Hi Mama | Series A | $5.4M |
| Sep 2018 | Serent Capital | KEV Group | PE | — |
| Sep 2018 | Saratoga InvestmentLED | KEV Group | PE | — |
| May 2018 | Saratoga InvestmentLED | Destiny Solutions | PE | $11M |
| May 2018 | Riverside | Modern Campus | PE | — |
| Aug 2016 | Relay Ventures | Kira Talent | Series A | $5M |
| Aug 2016 | BDC | Kira Talent | Series A | $5M |
| Aug 2016 | Globalive Capital | Kira Talent | Series A | $5M |
| Jun 2016 | Accelerator CentreLED | Knowledgehook | Seed | $30K |
| Nov 2015 | Communitech | Knowledgehook | Seed | — |
| Mar 2015 | Relay VenturesLED | Kira Talent | Seed | $949.2K |
| Mar 2015 | BDC | Kira Talent | Seed | $949.2K |
EdTech SaaS investors in other cities
Other markets in Toronto