The Venture Codex Logo

The Venture Codex

Garage Capital

8 Queen St N, Kitchener, Ontario, Canada

Overview

Venture capital firm focused on Canadian companies.

Founded

2013

Deals · 12mo

16

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Canada
United States

Sector focus

Crowdfunding
Financial Services
Venture Capital

Investment portfolio

87rounds
NAMEDATESIZE
Hestus
Oct 2026Participated
$7 MSeed
Daedal Systems
Sep 2026Participated
$4 MSeed
Orbits
Sep 2026Participated
$2 MSeed
Onix
Sep 2026Participated
$5 MSeed
ChatFeatured
Jul 2026Participated
$2 MSeed
Ollama
Jul 2026Participated
$65 MSeries B
Dominion Dynamics
Jun 2026Participated
$98 MSeries A
Float
Jun 2026Participated
$60 MSeries C
Upside Robotics
Feb 2026Participated
$8 MSeed
Taiv
Feb 2026Participated
$13 MOther Equity
Overworld
Jan 2026Participated
$5 MSeed
Jetson
Jan 2026Participated
$50 MSeries A
Hestus
Oct 2026Participated
$7 MSeed
Daedal Systems
Sep 2026Participated
$4 MSeed
Orbits
Sep 2026Participated
$2 MSeed
Onix
Sep 2026Participated
$5 MSeed
ChatFeatured
Jul 2026Participated
$2 MSeed
Ollama
Jul 2026Participated
$65 MSeries B
Dominion Dynamics
Jun 2026Participated
$98 MSeries A
Float
Jun 2026Participated
$60 MSeries C
Upside Robotics
Feb 2026Participated
$8 MSeed
Taiv
Feb 2026Participated
$13 MOther Equity
Overworld
Jan 2026Participated
$5 MSeed
Jetson
Jan 2026Participated
$50 MSeries A
87
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Garage Capital: 87 funding rounds are recorded in the selected participation categories.All available history.
Garage Capital: 87 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed644
Series A018
Series B03
Series C+02
Other Equity211
Debt01

Monthly Deal Activity

Garage Capital: 87 deals are recorded across 131 months.All available history.
Garage Capital: 87 deals are recorded across 131 months. All available history
MonthDeals
Dec '151
Jan '160
Feb '161
Mar '160
Apr '160
May '160
Jun '161
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '171
Feb '171
Mar '171
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '181
Feb '180
Mar '180
Apr '180
May '180
Jun '181
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '191
Jun '191
Jul '190
Aug '190
Sep '190
Oct '192
Nov '190
Dec '191
Jan '202
Feb '200
Mar '200
Apr '200
May '201
Jun '200
Jul '200
Aug '200
Sep '201
Oct '201
Nov '201
Dec '200
Jan '211
Feb '211
Mar '211
Apr '211
May '213
Jun '213
Jul '212
Aug '211
Sep '210
Oct '210
Nov '213
Dec '212
Jan '221
Feb '221
Mar '223
Apr '223
May '222
Jun '221
Jul '220
Aug '220
Sep '220
Oct '221
Nov '220
Dec '221
Jan '231
Feb '232
Mar '230
Apr '231
May '232
Jun '230
Jul '230
Aug '230
Sep '231
Oct '230
Nov '230
Dec '231
Jan '240
Feb '240
Mar '241
Apr '242
May '241
Jun '240
Jul '240
Aug '240
Sep '242
Oct '241
Nov '240
Dec '240
Jan '251
Feb '250
Mar '251
Apr '250
May '251
Jun '251
Jul '252
Aug '250
Sep '250
Oct '252
Nov '250
Dec '251
Jan '263
Feb '262
Mar '260
Apr '260
May '260
Jun '262
Jul '262
Aug '260
Sep '263
Oct '261

Sector Breakdown

Garage Capital: Enterprise Software is the largest displayed sector by deal count (24 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.

Garage Capital: Enterprise Software is the largest displayed sector by deal count (24 deals). All available history
SectorDeals
Enterprise Software24
Networks, Cloud & Communication24
AI & Machine Learning20
Hardware & Robotics16
Health & Life Sciences14
Fintech11
Professional Services11
Clean Energy & Sustainability9
Space & Frontier Tech8
E-Commerce & Retail7
Consumer & Lifestyle7
Developer Tools7
Data, Analytics & IT6
Marketing & Advertising6
Manufacturing6
Real Estate & Construction5
Transportation & Logistics5
Food & Agriculture5
Social & Community Platforms3
Government & Defense2
Crypto & Blockchain2
Media & Entertainment2
Education & Workforce1
AR/VR1
Gaming & eSports1

Deal Size Distribution

Garage Capital: 87 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.

Garage Capital: 87 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M39
$5M-$10M19
$10M-$25M14
$25M-$50M5
$50M-$100M6
$100M-$250M3
$250M-$500M0
$500M-$1B0
$1B+1

Deals By Geography

Garage Capital: Canada has the largest recorded deal count among the displayed regions (49 deals).All available history.

Top 6 of 6 regions; European countries are grouped as Europe.

Garage Capital: Canada has the largest recorded deal count among the displayed regions (49 deals). All available history
RegionDeals
Canada49
United States34
London1
941031
Kenya1
Europe1
Garage Capital: 20 co-investors are shown, with Golden Ventures sharing 12 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.

Garage Capital: 20 co-investors are shown, with Golden Ventures sharing 12 recorded deals. All available history
Co-investorShared deals
Golden Ventures12
Y Combinator12
BDC Capital9
Inovia Capital7
Global Founders Capital6
MaRS IAF6
N49P6
Panache Ventures6
Craft Ventures5
Kindred Ventures4
Liquid 2 Ventures4
Ripple Ventures4
Version One Ventures4
Accomplice3
Felicis Ventures3
Fifty Years3
FoundersX Ventures3
MCJ Collective3
Northside Ventures3
OMERS Ventures3

Investment Strategy

Garage Capital: Led accounts for 9% and participating for 91% of round participation.All available history.
Garage Capital: Led accounts for 9% and participating for 91% of round participation. All available history
CategoryDeals (count)Share (%)
Led89%
Participating7991%
Garage Capital: Single-lead accounts for 38% and co-led for 63% of lead dynamics.All available history.
Garage Capital: Single-lead accounts for 38% and co-led for 63% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead338%
Co-led563%

Team

Devon Galloway

General Partner

Michael Litt

Co-Founder and General Partner

Mike McCauley

Co-founder and General Partner

Sebastian Langton

Private Investor