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Generation Ventures

North America, Ontario, Canada, Toronto

Description

Generation Ventures operates as the dedicated venture capital arm of Generation Capital, a prominent family office headquartered in Toronto, Canada. Established with a clear mandate to support the next generation of innovative technology companies, the firm primarily targets early-stage startups, spanning from Seed to Series A rounds. Their investment thesis is broad yet focused, encompassing sectors such as vertical SaaS, artificial intelligence and machine learning (AI/ML), fintech, the future of work, and marketplaces. This strategic alignment with high-growth technology verticals underscores their commitment to backing disruptive solutions that address evolving market needs.

As an active early-stage investor, Generation Ventures typically deploys initial cheques ranging from $250,000 to $1,000,000. This initial capital is often complemented by significant reserves for follow-on investments, demonstrating a long-term commitment to their portfolio companies as they scale through subsequent funding rounds. Beyond financial backing, Generation Ventures emphasizes a hands-on approach, leveraging the extensive network and operational expertise of Generation Capital to provide strategic guidance, mentorship, and access to resources for their founders. Their goal is to be more than just a capital provider, acting as a true partner in the entrepreneurial journey.

The firm's investment philosophy is rooted in the long-term perspective characteristic of a family office, allowing them to take a patient and founder-friendly approach. While based in Toronto, Generation Ventures maintains a keen interest in promising technology companies across North America, and selectively considers global opportunities that align with their core investment themes. Their dedication to fostering innovation and building enduring value positions them as a notable player in the Canadian venture capital landscape, actively contributing to the growth of the technology ecosystem.

Investor Profile

Generation Ventures has backed more than 23 startups, with 0 new investments in the last 12 months alone. The firm has led 5 rounds, about 22% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Canada, United States, United Kingdom.
  • Strong thematic focus on Software, Information Technology, SaaS.
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (30%)
  • Series A (30%)
  • Series Unknown (22%)
  • Series B (17%)

Country Focus

  • Canada (57%)
  • United States (26%)
  • United Kingdom (17%)

Industry Focus

  • Software
  • Information Technology
  • Saas
  • Enterprise Software
  • Artificial Intelligence (Ai)
  • Big Data
  • Machine Learning
  • Internet Of Things
  • Sales
  • Hardware
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Generation Ventures frequently co-invest with?

CEAS Investments
North America, Florida, United States, Delray Beach
Co-Investments: 2
Sway Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Ripple Ventures
North America, Ontario, Canada, Toronto
Co-Investments: 2
Real Ventures
North America, Quebec, Canada, Montréal
Co-Investments: 2
BDC Venture Capital
North America, Alberta, Canada, Calgary
Co-Investments: 5
Differential Ventures
North America, New York, United States, New York
Co-Investments: 2
Molten Ventures
Europe, England, United Kingdom, London
Co-Investments: 3
Xfund
North America, California, United States, Palo Alto
Co-Investments: 2
Benhamou Global Ventures
North America, California, United States, Palo Alto
Co-Investments: 4
Bloc Ventures
Europe, England, United Kingdom, London
Co-Investments: 2

Which angels does Generation Ventures often collaborate with?

CR
North America, California, United States
Shared Deals: 1
Marc Morin
North America, Ontario, Canada, Waterloo
Shared Deals: 1
Kirk Simpson
North America, Ontario, Canada, Toronto
Shared Deals: 1
JL
North America, Massachusetts, United States, Boston
Shared Deals: 2
ND
North America, California, United States, San Francisco
Shared Deals: 2
RC
North America, California, United States, Menlo Park
Shared Deals: 1
SE
Europe, England, United Kingdom, London
Shared Deals: 1
AD
North America, California, United States, San Francisco
Shared Deals: 1
JS
North America, Texas, United States
Shared Deals: 1
MC
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Generation Ventures?

Cognota

Toronto, Ontario, Canada

The First and Only LearnOps Platform for L&D. Run Learning & Development like an Efficient, Data-Driven Business with Cognota.

CollaborationE-LearningEnterprise SoftwareInformation TechnologySaaSSoftwareTraining
Series ASep 27, 2023
Amount Raised: $4,500,000
causaLens

London, England, United Kingdom

causaLens is a causal AI software company that develops AI that decision-makers trust.

Artificial Intelligence (AI)Big DataEnterprise ApplicationsMachine LearningSoftware
Series AJan 28, 2022
Amount Raised: $44,943,244
Blue J

Toronto, Ontario, Canada

Blue J is an intelligent diagramming and AI-powered research platform.

Artificial Intelligence (AI)LegalLegal TechMachine LearningProfessional Services
Series BAug 11, 2021
Amount Raised: $9,000,000
Algolux

Montréal, Quebec, Canada

Algolux empowers vision systems with the most robust perception technology for all conditions.

Artificial Intelligence (AI)AutomotiveAutonomous VehiclesComputer VisionInternet of ThingsMachine LearningRoboticsSoftware
Series BJul 12, 2021
Amount Raised: $18,400,000
EVRYTHNG

London, England, United Kingdom

EVRYTHNG develops an IoT platform for consumer product brands, articulating data with real-time insights for billions of things.

Big DataCloud Data ServicesInternet of ThingsSoftware
Series UnknownOct 6, 2020
Amount Raised: $10,000,000
Uvaro

Waterloo, Ontario, Canada

Uvaro is a career success platform that gives professionals the skills, coaching, and jobs needed to lead fulfilling careers.

Information TechnologyMarketingSaaSSalesSales AutomationSoftware
SeedSep 1, 2020
Amount Raised: $1,600,000
Cognota

Toronto, Ontario, Canada

The First and Only LearnOps Platform for L&D. Run Learning & Development like an Efficient, Data-Driven Business with Cognota.

CollaborationE-LearningEnterprise SoftwareInformation TechnologySaaSSoftwareTraining
SeedAug 20, 2020
Amount Raised: $1,502,906
Cognota

Toronto, Ontario, Canada

The First and Only LearnOps Platform for L&D. Run Learning & Development like an Efficient, Data-Driven Business with Cognota.

CollaborationE-LearningEnterprise SoftwareInformation TechnologySaaSSoftwareTraining
SeedApr 10, 2019
Amount Raised: $2,500,000
causaLens

London, England, United Kingdom

causaLens is a causal AI software company that develops AI that decision-makers trust.

Artificial Intelligence (AI)Big DataEnterprise ApplicationsMachine LearningSoftware
SeedApr 1, 2019
Amount Raised: $5,000,000
Blue Cedar

San Francisco, California, United States

Every App Secured. No Coding Required.

Mobile AppsSoftwareTelecommunications
Series BMar 19, 2019
Amount Raised: $17,000,000