Highline Beta
372 Bay Street, 2nd floor, Toronto, ON, M5H 2W9, Canada
Overview
Highline BETA is a startup co-creation company that launches new ventures with leading corporations and founders. Through startup co-creation, the firm helps to identify industry opportunities and to launch and co-invest in a new startup. It invests in startups through corporate accelerator programs and in co-creations with corporate partners. Highline BETA was founded in 2017 and is based in Toronto, Canada.
- Total investments
- 10
- Lead investments
- 3
- Investments · 12mo
- 0
- Active investors
- 5
Sector focus
- Finance
- Incubators
- Venture Capital
Investment portfolio
- Moselle
Participated · Seed · Oct 2024
Moselle offers an AI-powered inventory forecasting, production planning, and purchasing suite tailored to small- and mid-sized e-commerce brands, centralizing sales forecasting and inventory replenishment. Its customizable platform uses proprietary machine learning to prevent overproduction and underproduction, saving merchants thousands of dollars and significant staff time. Customers have purchased over $50M in inventory value through Moselle's automation suite; the product reportedly saves brands 15 hours per week, improves forecasting accuracy by 80%, and reduces stockouts by 16% on average. Moselle was born out of the Highline Beta Venture Studio and is trusted by customers including Fable, AeroPress, and Sahajan. The company plans to further develop advanced AI to automate manual work, add automated collaboration and demand‑forecasting features, and build tools for optimizing cash flow and securing financing. The platform targets underserved SMBs that lack affordable, enterprise-grade inventory management tools.
- Flora Fertility
Led · Seed · Oct 2024
Flora offers individually-owned fertility insurance policies that cover diagnostics, medications, intrauterine insemination (IUI) and in vitro fertilization (IVF). Policies are available in the U.S. starting at about $20 per month and the platform already reaches over 10 million prospective policyholders across North America. Flora combines proprietary underwriting, individualized risk modeling, AI and omnichannel distribution, and is backed by A-rated insurance partners and a global reinsurance panel. The company plans to expand distribution and underwriting capabilities to grow access to proactive family-planning coverage in the U.S. and then Canada. Financially, Flora has just completed a $5M seed round to fund that expansion and category creation efforts.
- Walnut Insurance
Participated · Equity · Aug 2024
Toronto-based Walnut Insurance has built a cloud-native platform that embeds insurance products directly into the digital experiences of enterprise partners, financial institutions, insurers, and brokers. The system digitizes policy design and customer journeys, offers headless or co-branded API delivery, and can quote, bind, and enroll customers in real time—typically within 30-90 days instead of the years a traditional integration can take. Walnut’s model reduces insurers’ upfront marketing costs by shifting to partner-driven distribution and allows profit-sharing arrangements that improve unit economics. Partners benefit from higher average revenue per user, stronger customer relationships, and lower churn, while consumers receive timely, tailored coverage through streamlined, data-driven workflows. In today’s macroeconomic climate the company is emphasizing loan and debt-protection products such as creditor insurance to shield borrowers and lenders from income loss or default risk. The new capital will be used to expand Walnut’s engineering team, enhance its API infrastructure, and enter additional markets. No revenue, user, or profitability figures were disclosed in the article.
- Requity Homes
Led · Equity · Jan 2024
Requity Homes operates a rent-to-own program that lets aspiring buyers live in a home while saving for a down payment and retain an option to purchase at a guaranteed price. The program couples rent reporting and credit coaching to help newcomers, self-employed workers, and others qualify for mortgages. Since its founding in 2020 the company has received thousands of applications and reported 5x year-over-year growth. Management says 80% of customers have bought back their homes in an average of 18 months. Requity Homes currently serves Northern Ontario (Sudbury, North Bay, Sault Ste. Marie and Thunder Bay), Saskatchewan (Saskatoon, Regina), Alberta (Calgary, Edmonton) and Manitoba (Winnipeg). The company plans to use new financing to extend its reach across target markets in Ontario, Alberta, Manitoba, and Saskatchewan. Requity Homes operates a tech-enabled rent-to-own platform that purchases homes upfront so aspiring buyers can live in their dream home while saving toward a down payment and later buy back at a predetermined price. The company leverages underwriting technology to assess future mortgage capability and serves families who are not mortgage-ready due to credit history, lack of down payment, or self-employment. Founded in 2020, Requity has been helping families in Northern Ontario since 2021, with availability in Sudbury, North Bay, Sault Ste. Marie and Thunder Bay. It plans to expand into Western Canada by summer 2022. Requity will use recent funding to accelerate development of its platform and to hire across technology, marketing and operations roles. Early client examples highlight its role as a steppingstone to home ownership for people who may qualify for a mortgage in the next two to three years.
- ChargeLab
Participated · Series A · May 2022
ChargeLab builds a hardware-agnostic software platform that operates at the edge and in the cloud to deploy and manage large networks of EV chargers for fleets, building operators, and utilities. Key capabilities include automated monitoring of chargers, management of pricing and access rules, payment processing, and electrical load balancing. The company is led by CEO Zak Lefevre and CTO Ehsan Mokhtari. ChargeLab raised an additional $15M in Series A funding, consisting of $10M in new equity and $5M in venture debt, to support growth. The firm intends to use the proceeds to expand its engineering team and introduce new products to market. The company is based in Toronto, Canada. ChargeLab builds a cloud-based charging station management system that runs on the edge and in the cloud and provides apps for EV drivers, dashboards for fleet managers and open APIs for third-party integration. The software is hardware-agnostic and includes automated monitoring, pricing and access rules, payment processing, electrical load balancing and embedded code on chargers to improve security and reliability. ChargeLab works with charger manufacturers (Phihong, United Chargers, Siemens, Tritium) and its tech is white-labeled by charging networks like Girardin Energy, TurnOnGreen and EVStart. The company says its software is currently inside thousands of devices in North America but has not yet surpassed 10,000 chargers. The new funding will help the startup move beyond a seed-stage solution to build SOC 2 compliance, scale to support hundreds of thousands of devices, and meet enterprise needs for large fleets and deployments. ChargeLab has also formed an InfoSec team and built offline behavior and self-healing features to address cybersecurity concerns as chargers become connected. ChargeLab develops a software platform intended to run EV chargers made by many different hardware manufacturers rather than forcing a single closed ecosystem. The company aims to be the ‘Android’ of EV charging software and intends to integrate with manufacturers such as ABB, Schneider Electric and Siemens. ChargeLab already has an agreement with ABB to be their default software provider as ABB launches its next North American charging product. The startup targets operators revamping parking assets—examples cited include REEF and Metropolis—as customers for its charging services. CEO Zachary Lefevre says the company plans future backend integrations with networks like ChargePoint and Electrify America to streamline charging across platforms. Financially, ChargeLab raised $4.3 million in a seed financing and previously raised $1.1 million in a pre-seed round.