# Top 35 InsurTech VC (Venture Capital) Funds in Canada in May 2026

## Luge Capital
- Type: VC Fund
- Location: Montréal, Quebec, Canada
- Relevant deals: 5
- Stages: Seed, Series A, Series B
- Focus: FinTech, Financial Services, Finance

Luge Capital is a fintech focused venture capital fund, investing in early-stage teams shaping the way the world experiences financial services. We are an experienced team with value added investors and a deep industry network to help founders build successful companies.

## Impression Ventures
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 4
- Stages: Seed, Series A, Series B
- Focus: Financial Services, FinTech, Software

VC firm focused on investing in FinTech and related technology companies.

## MaRS Investment Accelerator Fund
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, SaaS

Working with Ontario talent to develop   World Class Companies    Learn More

## Diagram Ventures
- Type: VC Fund
- Location: Montréal, Quebec, Canada
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Financial Services, FinTech, Software

Diagram is backed by a unique combination of entrepreneurs and industry leaders. Together they provide market insights and create opportunities to accelerate the success of our companies

## Inovia Capital
- Type: VC Fund
- Location: Montréal, Quebec, Canada
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, SaaS, E-Commerce

We support entrepreneurs at every stage of their journey and build technology companies that generate a positive impact on society.

## Real Ventures
- Type: VC Fund
- Location: Montréal, Quebec, Canada
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, Artificial Intelligence, Machine Learning

Real Ventures is an early-stage venture firm focused on serving daring entrepreneurs with the ambition to create successful, global companies. Since 2007, Real Ventures has dedicated itself to building the Canadian startup ecosystem on the belief that people, not money, build game-changing companies. Real Ventures provides stage-specific guidance,mentorship, and access to networks and resources to fast-track founders’ personal and company growth. Real Ventures manages $325 million across five funds and its active portfolio of 100+ companies is currently valued at $10 billion. www.realventures.com

## GreenSky Ventures
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Information Technology, Health Care

GreenSky Ventures is a Toronto-based firm that makes investments in early-stage Canadian technology companies.GreenSky Ventures seeks early-stage B2B technology companies in Canada, emphasizing protectable IP and experienced management. It makes investments in early-stage technology companies through its affiliated venture capital funds, GreenSkyAccelerator Fund I, II and III. Their principals bring a unique combination of experience in technology, law, and finance to high-growth potential companies and dedicated entrepreneurs.GreenSky Capital was founded in Toronto, Ontario in 2010 by Geoff Simonett and Michael T. R. List.

## CIBC Innovation Banking
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 2
- Stages: Debt Financing, Private Equity
- Focus: Software, SaaS, Information Technology

CIBC Innovation Banking is a trusted financial partner to entrepreneurs and investors. Backed by the strength of CIBC, Innovation Banking can provide financial capital, rich network of connections, and insightful service that give our clients an edge in the innovation economy.

## Canada Economic Development
- Type: VC Fund
- Location: Montréal, Quebec, Canada
- Relevant deals: 1
- Focus: Software, Data and Analytics, Financial Services

Canada Economic Development assists businesses, communities, and the organizations that support them through its network of business offices located throughout the province.

## Sway Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, SaaS, Information Technology

Sway Ventures invest in high performing teams, building revolutionary technology, creating the next enterprise or consumer category.

## Leaders Fund
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 1
- Stages: Series B, Seed, Series A
- Focus: Software, SaaS, Internet

Leaders Fund is a B2B software focused venture capital firm built by operators for operators. We partner with entrepreneurs to help them break through key inflection points on the path to $100M+ in ARR. Based in Toronto and Atlanta.

## American Family Insurance
- Type: VC Fund
- Location: Madison, Wisconsin, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series D
- Focus: Software, InsurTech, Smart Home

American Family Insurance has built its reputation on sound principles. We strive to provide you industry-leading service, exceptional claims experience and products that build long-term relationships. This is accomplished by treating policyholders fairly in a helpful and caring way and making it easy and convenient to work with us. We know ourcustomers like family. American Family Insurance thrives by conducting its business in accordance with the highest ethical standards and the law at all times. Integrity is part of our culture and always has been. The reputation we enjoy and trust-based relationships we have built with our customers are determined by the example set by management and the character and good judgment exercised at all levels of our organization. It’s a way of doing business that our customers have come to expect from us and a standard that we continue to live up to.

## Signatures Capital
- Type: VC Fund
- Location: Redwood Shores, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, SaaS, Analytics

For 25 years, Signatures Capital founder Bobby Yazdani has been funding early stage technology businesses and collaborating with entrepreneurs and leadership teams to help build world-changing companies.Signatures Capital has built relationships at major research universities, government laboratories and incubators, as well as cultivated anextensive network of entrepreneurs across the technology industry. Through its relationships, Signatures Capital gains specialized access that allows them to identify and capitalize on transformative technology themes before they become mainstream. Their goal is to partner with founders who recognize these shifts and then steward those boldly building the future.Bobby began investing privately in 1989. In 2006, he formalized his activities by founding Signatures Capital.

## Graphite Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Machine Learning, Artificial Intelligence

Graphite Ventures is an investment firm.

## Caisse des Dépôts et Consignations
- Type: VC Fund
- Location: Tunis, Tunis, Tunisia
- Relevant deals: 1
- Stages: Series B
- Focus: Retail, E-Commerce

Caisse des Dépôts et Consignations is an investment bank that invests in energy, environment, and sustainable development sectors.

## Interaction Ventures
- Type: VC Fund
- Location: Montréal, Quebec, Canada
- Relevant deals: 1
- Stages: Seed
- Focus: SaaS, FinTech, Internet

Interaction Ventures provides Entrepreneur-led angel fund.

## Ferst Capital Partners - FCP
- Type: VC Fund
- Location: Montréal, Quebec, Canada
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Financial Services, FinTech

Ferst Capital Partners (FCP) is a private investment firm which invests in venture capital, private equity, public markets, sector-focused funds and crypto assets. We have an interest and expertise in consumer fintech, digital assets and search funds.

## Innovation Grade Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, News, Mobile

Innovation Grade Capital is a provider of active guidance in key functional areas such as marketing, operations, business development.

## Ames Seed Capital
- Type: VC Fund
- Location: Ames, Iowa, United States
- Relevant deals: 1
- Stages: Seed, Series B, Series C
- Focus: Software, Health Care, B2B

Ames Seed Capital is a pool of private investors.

## BDC Venture Capital
- Type: VC Fund
- Location: Calgary, Alberta, Canada
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Software, Information Technology, Internet

BDC Venture Capital is a major venture capital investor in Canada, active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and that are positioned to become dominant players in their markets. The company helps create and develop strongCanadian businesses through financing, consulting services and securitization, with a focus on small and medium-sized enterprises.BDC Venture Capital has been involved in venture capital since 1975 and has to date invested in more than 400 companies involved in the areas of Life Sciences, Telecommunications, Information Technology and Advanced Technologies.

## Desjardins Venture Capital
- Type: VC Fund
- Location: Lévis, Quebec, Canada
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, Manufacturing

Desjardins Capital makes it easy to grow your business with financial and strategic support. Investment capital and venture capital can help you meet your business goals.

## Propulia Capital
- Type: VC Fund
- Location: Montréal, Quebec, Canada
- Relevant deals: 1
- Stages: Series A
- Focus: Medical, Software, Information Technology

Propulia Capital is a venture capital firm that prefers to invest in seed, early and later-stage companies.

## Builders VC
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, SaaS, Biotechnology

Builders VC is an early-stage venture capital firm focused on investing where technology meets new business models to modernize antiquated industries including healthcare, agriculture, industrials and real-estate.

## N49P
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Financial Services, Machine Learning

N49P is a venture capital firm focused on ideas to seed-stage Canadian technology startups.

## FUSE
- Type: VC Fund
- Location: Seattle, Washington, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, Artificial Intelligence

FUSE exists to help founders do more, be more, succeed...more.

## National Bank of Canada
- Type: VC Fund
- Location: Calgary, Alberta, Canada
- Relevant deals: 1
- Stages: Debt Financing, Post-IPO Debt, Series B
- Focus: Software, Financial Services, FinTech

Founded in Quebec City in 1859, the Bank has grown while striving to always earn the trust of its various stakeholders and contribute to the development of the communities it serves. Through a series of mergers and acquisitions over the course of its history, National Bank Financial Group has grown to become a powerful integrated financialgroup and Quebecâ€:tm:s leading bank. National Bank Financial Group is firmly committed to continuing deployment of its One client, one bank vision, which is aimed at giving clients access to the same exceptional service, whatever their point of entry to the Financial Group, and ensuring that our efforts are even more focused on client satisfaction.

## NAventures
- Type: VC Fund
- Location: Montréal, Quebec, Canada
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: FinTech, Financial Services, Software

NAventures is the corporate venture capital arm of National Bank of Canada.

## Clocktower Technology Ventures
- Type: VC Fund
- Location: Santa Monica, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: FinTech, Financial Services, Software

Clocktower Technology Ventures is a Santa Monica-based venture capital business focused exclusively on financial technology.

## Drive Capital
- Type: VC Fund
- Location: Columbus, Ohio, United States
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Software, Artificial Intelligence, Machine Learning

Drive Capital is a venture capital firm in Columbus that invests in world-class founders building the next generation of market-defining companies.

## NFP Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Insurance, Health Care, InsurTech

NFP Ventures' mission is to find, fund and work successfully with visionary entrepreneurs, applying NFP’s expertise to facilitate long-term success. Typically, the firm targets companies seeking Seed to Series B investments that can benefit from NFP's distribution, human capital and other unique assets to accelerate their growth.

## Export Development Canada
- Type: VC Fund
- Location: Ottawa, Ontario, Canada
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: Software, Renewable Energy, Manufacturing

Export Development Canada (EDC) is a Crown corporation dedicated to assisting Canadian businesses of all sizes in achieving global success. It provides them with the tools they need to grow their business with confidence, including trade knowledge, financial solutions, equity, insurance, and connections.

## Silicon Valley Bank
- Type: VC Fund
- Location: Santa Clara, California, United States
- Relevant deals: 1
- Stages: Debt Financing, Series B, Series A
- Focus: Software, Health Care, Biotechnology

Silicon Valley Bank works with technology, life science, cleantech, venture capital, private equity, and premium wine businesses. SVB provides industry knowledge and connections, financing, treasury management, corporate investment, and international banking services to its clients worldwide through 27 U.S. offices and seven internationaloperations. Banking innovative companies and exclusive wineries, Silicon Valley Bank’s diverse financial services, knowledge, global network, and world-class service increase its clients’ probability of success. Forbes Magazine ranks SVB among America’s Best Banks, and Fortune Magazine named SVB one of the Best Companies to Work For in 2012.

## Toronto Innovation Acceleration Partners
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Health Care, Biotechnology, Software

MaRS Innovation (MI) is a commercialization engine that integrates, centralizes and accelerates time to market of the discovery and intellectual property assets from its 15 world-class research institutions. MI’s discovery and innovation pipeline is derived from $1 billion in annual R&D funding. Created as a not-for-profit organizationthrough the Government of Canada’s Center of Excellence for Commercialization and Research program (CECR), MI has raised $50 million from federal and provincial governments, member institutions and industry partners. MI’s vision is to transform the Toronto-based research enterprise into one of world’s most successful commercialization clusters.Through detailed, market facing due diligence, MI identifies opportunities from Canada’s largest academic cluster for further development and commercialization through project management, intellectual property management, investment and technology development. By crossing the innovation gap, MI transforms these opportunities into successful high-value licensing transactions and financeable start-up companies.

## Vectr
- Type: VC Fund
- Location: Sheung Wan, Hong Kong Island, Hong Kong
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: FinTech, Artificial Intelligence, Financial Services

Vectr is a venture firm based in Hong Kong. They combine investment, creation and growth to deliver game-changing impact to teams ready to tackle global issues, transform industries and improve the lives of millions.That combines capital, creation and partnership to deliver game-changing impact. We strive to be the ideal partner for founders thatare building transformation products and looking to expand their businesses into asia.

## Cameron Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A, Seed, Pre-Seed
- Focus: Software, FinTech, Financial Services

A seed and early-stage venture capital fund that is focused on InsurTech, FinTech and Enterprise Applications

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co