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The Venture Codex

Overview

Invests in early-stage Canadian software companies for high returns.

Founded

2000

Deals · 12mo

3

Stage focus

Seed
Series A

Geographic focus

Canada
United States

Sector focus

Financial Services
Venture Capital

Investment portfolio

46rounds
NAMEDATESIZE
Pricepoint
Jun 2026Led
$7 MSeed
Coral
Mar 2026Led
$3 MOther Equity
Brickeye
Jan 2026Led
$10 MSeries B
Enurgen
Oct 2025Led
$4 MSeed
Mycroft
Sep 2025Participated
$4 MSeed
ShopVision
Sep 2025Led
$4 MSeed
Jozu
May 2025Participated
$4 MSeed
Coral
Feb 2025Led
$4 MSeed
Elevate Farms
Jul 2024Participated
$3 MSeries B
Potential Motors
May 2024Participated
$2 MOther Equity
Forcen
Apr 2024Led
$6 MOther Equity
Deep Sky
Nov 2023Led
$55 MSeries A
Pricepoint
Jun 2026Led
$7 MSeed
Coral
Mar 2026Led
$3 MOther Equity
Brickeye
Jan 2026Led
$10 MSeries B
Enurgen
Oct 2025Led
$4 MSeed
Mycroft
Sep 2025Participated
$4 MSeed
ShopVision
Sep 2025Led
$4 MSeed
Jozu
May 2025Participated
$4 MSeed
Coral
Feb 2025Led
$4 MSeed
Elevate Farms
Jul 2024Participated
$3 MSeries B
Potential Motors
May 2024Participated
$2 MOther Equity
Forcen
Apr 2024Led
$6 MOther Equity
Deep Sky
Nov 2023Led
$55 MSeries A
46
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Deal Distribution

Brightspark Ventures: 46 funding rounds are recorded in the selected participation categories.All available history.
Brightspark Ventures: 46 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed95
Series A47
Series B24
Series C+03
Other Equity57

Monthly Deal Activity

Brightspark Ventures: 46 deals are recorded across 183 months.All available history.
Brightspark Ventures: 46 deals are recorded across 183 months. All available history
MonthDeals
Aug '111
Sep '110
Oct '110
Nov '110
Dec '110
Jan '120
Feb '120
Mar '120
Apr '120
May '120
Jun '120
Jul '120
Aug '121
Sep '120
Oct '120
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '130
May '130
Jun '130
Jul '130
Aug '130
Sep '130
Oct '130
Nov '130
Dec '130
Jan '140
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '140
Sep '140
Oct '140
Nov '140
Dec '141
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '151
Nov '150
Dec '150
Jan '160
Feb '160
Mar '161
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '162
Jan '170
Feb '170
Mar '171
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '172
Oct '173
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '181
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '191
Sep '191
Oct '190
Nov '191
Dec '190
Jan '200
Feb '201
Mar '200
Apr '200
May '201
Jun '201
Jul '201
Aug '200
Sep '200
Oct '200
Nov '200
Dec '201
Jan '210
Feb '210
Mar '211
Apr '210
May '212
Jun '212
Jul '210
Aug '210
Sep '210
Oct '211
Nov '210
Dec '210
Jan '220
Feb '221
Mar '220
Apr '222
May '220
Jun '221
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '231
Mar '230
Apr '231
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '231
Dec '230
Jan '240
Feb '240
Mar '240
Apr '241
May '241
Jun '240
Jul '241
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '251
Mar '250
Apr '250
May '251
Jun '250
Jul '250
Aug '250
Sep '252
Oct '251
Nov '250
Dec '250
Jan '261
Feb '260
Mar '261
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Brightspark Ventures: Enterprise Software is the largest displayed sector by deal count (16 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Brightspark Ventures: Enterprise Software is the largest displayed sector by deal count (16 deals). All available history
SectorDeals
Enterprise Software16
Networks, Cloud & Communication14
AI & Machine Learning13
Data, Analytics & IT12
Marketing & Advertising11
E-Commerce & Retail9
Health & Life Sciences8
Clean Energy & Sustainability6
Travel & Hospitality5
Consumer & Lifestyle5
Education & Workforce4
Hardware & Robotics4
Professional Services4
Gaming & eSports4
Transportation & Logistics3
Cybersecurity & Privacy2
AR/VR2
Food & Agriculture2
Developer Tools2
Real Estate & Construction1
Space & Frontier Tech1
Fintech1
Social & Community Platforms1

Deal Size Distribution

Brightspark Ventures: 46 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Brightspark Ventures: 46 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M20
$5M-$10M11
$10M-$25M9
$25M-$50M3
$50M-$100M2
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Brightspark Ventures: Canada has the largest recorded deal count among the displayed regions (42 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Brightspark Ventures: Canada has the largest recorded deal count among the displayed regions (42 deals). All available history
RegionDeals
Canada42
United States3
Wc2h 9jq1
Brightspark Ventures: 20 co-investors are shown, with BDC Capital sharing 9 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

Brightspark Ventures: Led accounts for 43% and participating for 57% of round participation.All available history.
Brightspark Ventures: Led accounts for 43% and participating for 57% of round participation. All available history
CategoryDeals (count)Share (%)
Led2043%
Participating2657%
Brightspark Ventures: Single-lead accounts for 60% and co-led for 40% of lead dynamics.All available history.
Brightspark Ventures: Single-lead accounts for 60% and co-led for 40% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1260%
Co-led840%

Team

Emilie Jones

Marketing Director

Jacques Perreault

Senior Partner

Mark Skapinker

Managing Partner

Mike Cegelski

Limited Partner

Sophie Forest

Managing Parter