Updated November 2026

Top 100 VC firms in Canada

Funds matching

111

Top 100 ranked below

Median est. dry powder

$12.1M

Across the 100 ranked funds

Top countries

  • Canada100

Top stages

  • Early Stage96
  • Seed81
  • Series A75

Ranked by estimated dry powder

Largest first. Click a fund for its full profile.

  1. 1
    Radical Ventures

    Canada · Cheque $4.1M–$28.4M

    SeedSeries ASeries B+6
    $2B
  2. 2
    Intrepid Growth Partners

    Canada · Cheque $5.3M–$26.3M

    Series BSeries CSeries D+1
    $459.4M
  3. 3
    Inovia Capital

    Canada · Cheque $198.9K–$6.4M

    SeedSeries ASeries B+7
    $438.8M
  4. 4
    Georgian

    Canada · Cheque $9.3M–$48.8M

    SeedSeries ASeries B+8
    $313.3M
  5. 5
    CIBC Innovation Banking

    Canada · Cheque $15M–$75M

    SeedSeries ASeries B+4
    $305M
  6. 6
    ARC Financial

    Canada · Cheque $5.9M–$29.3M

    Series BSeries CSeries D+1
    $292.7M
  7. 7
    Polar Asset Management Partners

    Canada · Cheque $1.6M–$19.3M

    AngelSeries ASeries D+1
    $184.7M
  8. 8
    Yaletown Partners

    Canada · Cheque $174.9K–$1.2M

    AngelSeedSeries A+6
    $112.6M
  9. 9
    Wittington Ventures

    Canada · Cheque $1.3M–$6.5M

    SeedSeries ASeries B+4
    $112M
  10. 10
    ArcTern Ventures

    Canada · Cheque $290.7K–$16.9M

    SeedSeries ASeries B+4
    $108.6M

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About

About this list

Every firm on this list is headquartered in Canada and invests at venture stages. Dry powder is capital a firm has raised but not yet invested, so the firms at the top have the most room to write new cheques. Check each profile for stage and sector fit before you reach out.

Funds are ranked by estimated dry powder, largest first, with the name breaking ties. Dry powder is a firm-level estimate of capital raised but not yet invested, from licensed private-markets data, so treat it as a guide rather than a quote. Firms that also run buyout strategies are left out, because most of their dry powder is buyout capital. Cheque sizes are estimated from fund sizes.

Questions about this list

Who are the top VC firms in Canada?

Ranked by estimated dry powder, the top five are Radical Ventures, Intrepid Growth Partners, Inovia Capital, Georgian and CIBC Innovation Banking. The full ranking of 100 firms is above.

Which firm has the most capital to deploy on this list?

Radical Ventures, with an estimated $2B of dry powder.

What is this list based on?

Every firm on this list is headquartered in Canada and invests at venture stages. Dry powder is capital a firm has raised but not yet invested, so the firms at the top have the most room to write new cheques. Check each profile for stage and sector fit before you reach out.

How is dry powder estimated?

From the size and vintage of each manager's recent funds and how much of them is likely already invested. It is an estimate, best used to compare firms rather than as an exact figure.

Get the partner to contact at each fund.

The Pro and Team plans add partner emails and LinkedIn, exports and outreach drafts for every fund on these lists.