Serafund

Serafund is a Vancouver, Canada-based venture capital firm established in 2020, specializing in early-stage technology investments. The firm primarily targets companies at the Seed to Series A stages, providing capital and strategic support to foster growth. Serafund's investment thesis centers on sectors poised for significant disruption and innovation, including Software-as-a-Service (SaaS), Artificial Intelligence/Machine Learning (AI/ML), Fintech, the Future of Work, Digital Health, and Marketplaces. Their approach emphasizes hands-on engagement, leveraging the team's deep operational expertise to guide portfolio companies through critical development phases.

Since its inception, Serafund has demonstrated a consistent commitment to the Canadian tech ecosystem and beyond. The firm successfully closed its inaugural fund with a first close of $15 million CAD in October 2021, quickly establishing its presence in the early-stage funding landscape. Building on this momentum, Serafund announced the final close of its second fund at $30 million CAD in May 2023, significantly expanding its capacity to support promising startups. This growth underscores their increasing influence and belief in the potential of the sectors they target.

With a focus on providing meaningful capital, Serafund typically invests between $500,000 and $2 million in each portfolio company. This range allows them to be a significant early partner for startups, enabling them to scale operations, develop products, and expand market reach. The firm's portfolio reflects a diverse array of innovative companies, showcasing their commitment to identifying and nurturing high-potential ventures that align with their strategic focus areas. Serafund aims to be more than just a capital provider, offering strategic guidance and network access to help founders navigate the challenges of scaling a technology business.