Diagram Ventures

Diagram Ventures is a prominent Canadian venture builder headquartered in Montréal, specializing in conceiving, launching, and scaling technology companies within the financial services, insurance, and health sectors. Unlike traditional venture capital firms, Diagram operates as a co-founder, actively building companies from the ground up by identifying market opportunities, recruiting founding teams, and providing extensive operational support, strategic guidance, and capital.

Their unique model is backed by substantial financial resources. Diagram has successfully raised multiple funds, including a significant C$200 million fund in 2021 and a C$150 million fund in 2023, underscoring their capacity to support ambitious ventures. For each new company they launch, Diagram typically provides an initial capital injection ranging from C$2 million to C$5 million. This translates to approximately $1.5 million to $3.7 million USD, offering a robust first cheque designed to provide ample runway and resources for their portfolio companies to achieve product-market fit and initial growth.

Beyond capital, Diagram offers a comprehensive support system that includes access to a network of industry experts, shared services, and a structured approach to company building. This hands-on involvement aims to de-risk the early stages of startup development and accelerate growth. Their portfolio includes notable successes like Dialogue, a health tech company that achieved an IPO, demonstrating Diagram's ability to transform concepts into market-leading enterprises and significantly contribute to the Canadian innovation ecosystem.