F

First Ascent Ventures

10 employees

First Ascent Ventures invests in emerging Canadian technology companies that build the next generation of enterprise B2B software.

Investor insights

Countries invested in

canada1

Sectors invested in

Software12
SaaS8
Analytics7
Big Data7
Machine Learning7
Artificial Intelligence6
Enterprise Software6
AI5
Information Technology4
Retail4
Productivity Tools3
Financial Services3
Data Integration3
Legal Tech3
Legal3
High Growth3
LegalOps3
Contract Management3
Cloud3
Legal Operations3

Funding rounds participated in

$22M sweet spot round size

Most of their 23 investments are in rounds between $5M and $32M

Investor type

Venture Capital

Basic info

Industry

venture capital and private equity principals

Sectors

B2B
Artificial Intelligence
Enterprise Software
Financial Services
IPO
AI
Enterprise SaaS
Machine Learning
Venture Capital

Date founded

2014

Investments made

O

Osano raised $25M on August 10, 2023

Investors: LiveOak Venture Partners, Jump Capital, TDF Ventures and First Ascent Ventures

S

Shinydocs Corporation raised $12M on March 15, 2023

Investors: Export Development Canada | Exportation et développement Canada and First Ascent Ventures

D

Darwin CX raised $38M on December 8, 2022

Investors: Metropolitan Partners Group, Felicitas Global Partners and First Ascent Ventures

A

Andgo Systems raised $4.2M on September 19, 2022

Investors: Waterline Ventures and First Ascent Ventures

P

POTLOC raised $27M on June 21, 2022

Investors: CIBC Innovation, Brightspark Ventures, Fonds Ecofuel | Ecofuel Fund, Desjardins Entreprises - Capital régional et coopératif, CapHorn Invest and First Ascent Ventures

L

LinkSquares raised $100M on April 4, 2022

Investors: Xerox Ventures, G Squared, Sorenson Capital Partners, Hyperplane Venture Capital, G2 Venture Partners, Catalyst Investors and First Ascent Ventures

S

Samasource raised $70M on November 4, 2021

Investors: Salesforce Ventures, Vistara Growth, Caisse de dépôt et placement du Québec (CDPQ) and First Ascent Ventures

L

LinkSquares raised $40M on July 14, 2021

Investors: Sorenson Capital Partners, Catalyst Investors, Hyperplane Venture Capital, Bottomline Technologies and First Ascent Ventures

T

ThinkData Works raised $5.9M on June 25, 2020

Investors: Yaletown Partners, Extreme Venture Partners and First Ascent Ventures

L

LinkSquares raised $15M on February 26, 2020

Investors: Jump Capital, Hyperplane Venture Capital, Touchdown Ventures and First Ascent Ventures

FAQ