Participated · Series A · Sep 2023

Cognota develops learning operations (LearnOps) software that lets corporate learning-and-development teams manage training intake, project planning, resource allocation, and ROI measurement from a single system. By centralizing these workflows, the platform helps enterprises better align learning initiatives with overall business strategy and improve operational efficiency. Customers gain visibility into demand for training, staffing needs, and the effectiveness of learning programs. Founded by Ryan Austin and headquartered in Toronto, the company positions itself as the business-side operating system for L&D departments. With the newest capital, Cognota plans to accelerate development of AI agents and an intelligence layer that will further automate and optimize learning operations. The firm has now secured a $5.75 million Series B round to fund these product enhancements and drive growth.

Participated · Series B · Jun 2023

Blackbird.AI builds an AI-powered Narrative Intelligence Platform that identifies harmful narratives, the influencers pushing them, the networks they spread through, and the anomalous behaviors that amplify them. By mapping this information in real time, the tool enables Global 2000 companies and national security organizations to take proactive steps against financial, operational, reputational, and even physical threats. The company reports rapid commercial traction, citing 118 % year-over-year growth in annual recurring revenue. Led by CEO and co-founder Wasim Khaled, Blackbird.AI has raised $58 million in total capital since inception. The latest investment will be used to accelerate go-to-market activities and further enhance the platform’s capabilities. With growing demand for disinformation defense solutions, the firm is positioning itself as a key partner for large enterprises and government agencies.

Participated · Series A · Jan 2022

causaLens builds Causal AI — a no-code platform that quantifies cause-and-effect relationships to enable explainable, trustworthy and fair machine reasoning alongside humans. The technology is positioned as a step beyond correlation-based AI by enabling counterfactual questions and human-machine collaboration. The platform is used across finance, industry, technology and government, with marquee clients including Tier 1 banks, hedge funds, governments, Fortune 500 companies, Aviva and TIAA. Since emerging from stealth in January 2021, causaLens reports annual revenue growth of more than 500%. The company says its platform has been applied to improve portfolio returns, mitigate supply-chain disruptions, navigate public-health crises, and discover cancer biomarkers. New funding is intended to double the team in 2022 and invest aggressively to maintain its competitive technology lead and broaden sector and geographic reach.

Led · Series B · Aug 2021

Blue J offers a generative AI tax research platform that covers U.S. federal, state and local (SALT), Canadian, and UK tax law, built on a rigorously curated database of authoritative sources. Its conversational interface lets users ask tax questions without special syntax and returns answers in seconds with relevant source citations. The system learns from millions of user queries annually and is positioned versus legacy keyword-based research tools. More than 70% of users log in weekly and Blue J’s Net Promoter Score is consistently in the mid-70s. In the first half of 2025 the company more than doubled its revenue and customer base and now serves tens of thousands of tax professionals across thousands of organizations. Since January 2025 Blue J has grown to over 80 employees and has more than doubled its rate of new customer acquisition; the company plans to use the new capital to accelerate team expansion, product development, and market reach. Blue J offers a generative AI–powered tax research platform that integrates authoritative tax content, including Tax Notes, regulations, case law, administrative rulings, and expert commentary. Its conversational interface synthesizes complex sources into clear, actionable answers and supports drafting memos and emails to streamline research workflows. After a major platform release in August 2023, Blue J grew to more than one thousand clients, including Big 4 accounting organizations, top 100 US CPA firms, and Fortune 100 companies. By the end of November 2024 the product was answering more than 100,000 tax research questions from users in the previous 30 days. The company announced a Series C investment led by Ten Coves Capital to accelerate global expansion and enhance its AI capabilities. Ten Coves partner Dan Kittredge will join Blue J’s board as part of the investment, positioning the company to expand its footprint among legal, accounting, corporate, and government organizations worldwide. Blue J builds a flagship tax analysis platform that uses machine learning and AI to analyze the merits of tax and legal positions. The company was founded in 2015 and operates from Toronto, and its team has grown to more than 65 employees. Its core product set includes a new tax diagramming solution purpose‑built for tax practitioners to document and analyze complex entity relationships. Blue J says the diagramming tool opens new ways to leverage AI and machine‑learning in tax analysis. The company has signed more than 200 organizations as customers, including leading North American law firms, global accounting firms, and the Canadian federal government. Management recently added Joshua Tanzola as VP, Global Sales, and Peter van Hezewyk as VP, Marketing to lead sales and marketing efforts. Blue J Legal builds AI-powered platforms that scan historic judicial decisions and use machine learning to predict court outcomes, helping legal and accounting professionals research and support positions more efficiently. The company reports its technology predicts court outcomes with 90% accuracy. Its products target North American tax law and Canadian employment law. Blue J says customers leverage its data alongside relevant case law to save time and money. The $2 million growth financing announced will be used to support product diversification and geographic expansion across North America. Blue J is Toronto-based and was founded in 2015; it is currently backed by BDC Capital, LDV Partners, Mistral Venture Partners and Relay Ventures. Blue J Legal develops machine-learning and AI products that analyze case law to bring clarity to legal questions, with an initial focus on tax and employment law. Its flagship products, Tax Foresight and Employment Foresight, let users assess the strength of legal positions and search cases by facts and outcomes rather than keywords. Since founding in 2015 the team has grown to more than 30 employees, and over the past two years the company has signed more than 100 clients for those products. Market-leading law and accounting firms such as Osler, Fasken, Gowling WLG, Miller Thomson, and Collins Barrow are among its customers. The company says its technology saves users hours and provides confident answers in challenging circumstances. Blue J plans to expand its product suite and extend the technology to other areas of law while establishing a foothold in the U.S.

Participated · Series B · Jul 2021

Algolux develops computer vision and image-optimization solutions that treat the camera as part of the overall perception stack, using computational imaging and physical camera models to address harsh cases such as low-light, low-contrast, and obstructions. Its algorithms aim to improve object detection, imaging, and geometric estimation while reducing training-data requirements. The company plans to accelerate adoption of its products across mobility markets, grow engineering and customer-enabling teams to scale worldwide support, and expand into additional verticals enabled by camera applications. Algolux is led by CEO Allan Benchetrit and has offices in Montreal, Palo Alto and Munich. The company announced the appointment of Matthias Schulze as Vice President Europe and Asia to help accelerate its go-to-market strategy. No operating metrics or revenue figures were disclosed in the article. Algolux develops machine-learning stacks and deep perception technology for autonomous vision and imaging, addressing challenges such as extreme lighting and adverse weather. Its technology targets deployments in ADAS and autonomous vehicles, accurate video security systems, and mobile imaging in harsh circumstances. The company is led by co-founders Dr. Felix Heide (CTO) and Allan Benchetrit (CEO). Algolux closed a $10M Series A-1 funding round to support its growth. The company intends to use the new capital to advance its technology and expand global business development activities. Algolux is based in Montreal, Canada. Algolux, based in Montreal, develops computational optics technology and software that enables cameras to capture crystal-clear images with existing lenses. Its technology also allows camera manufacturers to produce thinner, lighter camera modules at lower manufacturing costs. The company's solutions can be implemented across camera types, including video surveillance, in-vehicle cameras, medical imaging and wearables, and it is focusing efforts on smartphones and tablets. Led by President & CEO Allan Benchetrit, Algolux intends to use the Series A funds to commercialize its software while continuing to build out its IP portfolio. The company secured $2.6M in Series A financing and currently has 15 employees. The round was led by Real Ventures with participation from unnamed angel investors.