Luge Capital

Luge Capital is a prominent venture capital firm headquartered in Montréal, Canada, with a dedicated focus on early-stage fintech and insurtech companies across Canada and the United States. Established in 2018, the firm has quickly become a key player in the financial technology investment landscape. Luge Capital successfully closed its debut fund at C$85 million, followed by a second fund in 2022, which secured C$100 million. This brings their total assets under management to approximately C$185 million, underscoring their significant capital base for deployment within their specialized sectors.

The firm's investment strategy centers on identifying and supporting innovative startups that are poised to disrupt or significantly enhance the financial services and insurance industries. Luge Capital typically targets companies at the Seed and Series A stages, seeking strong founding teams, scalable business models, and solutions that address critical market needs. Their initial investment cheques generally range from C$1 million to C$5 million, demonstrating their capacity to lead or co-lead early funding rounds while also reserving capital for follow-on investments to support portfolio companies through subsequent growth phases.

Beyond capital, Luge Capital emphasizes a hands-on approach, leveraging its deep industry expertise and extensive network to provide strategic guidance, operational support, and access to potential partners and customers. Their portfolio includes a diverse array of companies spanning various sub-sectors within fintech and insurtech, from payments and lending to cybersecurity and wealth management. By concentrating on these specific verticals, Luge Capital aims to foster innovation and contribute to the evolution of financial services on a North American scale, solidifying its reputation as a specialized and impactful early-stage investor.