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LOI Venture

1445 Charles St, Vancouver, BC, V5L 2S7, Canada

Overview

Pre-seed fund for young founders aged 15-30.

Founded

2021

Deals · 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Canada
United States

Sector focus

—

Investment portfolio

7rounds
NAMEDATESIZE
Superpanel
Sep 2025Participated
$5 MSeed
Unified.to
Oct 2024Led
$0.80 MSeed
Haloo
Jul 2024Participated
$3 MSeries A
Blossom Social
May 2024Participated
$2 MSeed
Reusables.com
Apr 2024Led
$0.10 MSeed
Frenter
May 2023Participated
$1 MSeed
WFHomie
Dec 2021Led
$2 MSeed
Superpanel
Sep 2025Participated
$5 MSeed
Unified.to
Oct 2024Led
$0.80 MSeed
Haloo
Jul 2024Participated
$3 MSeries A
Blossom Social
May 2024Participated
$2 MSeed
Reusables.com
Apr 2024Led
$0.10 MSeed
Frenter
May 2023Participated
$1 MSeed
WFHomie
Dec 2021Led
$2 MSeed
7
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Insights

Time horizon

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Deal Distribution

LOI Venture: 7 funding rounds are recorded in the selected participation categories.All available history.
LOI Venture: 7 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed33
Series A01

Monthly Deal Activity

LOI Venture: 7 deals are recorded across 59 months.All available history.
LOI Venture: 7 deals are recorded across 59 months. All available history
MonthDeals
Dec '211
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '231
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '241
May '241
Jun '240
Jul '241
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '251
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

LOI Venture: Enterprise Software is the largest displayed sector by deal count (4 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.

LOI Venture: Enterprise Software is the largest displayed sector by deal count (4 deals). All available history
SectorDeals
Enterprise Software4
Networks, Cloud & Communication2
Professional Services2
Data, Analytics & IT2
Crypto & Blockchain1
Fintech1
E-Commerce & Retail1
AI & Machine Learning1
Clean Energy & Sustainability1
Social & Community Platforms1
Developer Tools1

Deal Size Distribution

LOI Venture: 7 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.

LOI Venture: 7 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M6
$5M-$10M1
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

LOI Venture: Canada has the largest recorded deal count among the displayed regions (5 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

LOI Venture: Canada has the largest recorded deal count among the displayed regions (5 deals). All available history
RegionDeals
Canada5
United States2
LOI Venture: 18 co-investors are shown, with 1517 Fund sharing 1 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.

LOI Venture: 18 co-investors are shown, with 1517 Fund sharing 1 recorded deals. All available history
Co-investorShared deals
1517 Fund1
8-Bit Capital1
Alumni Ventures1
BDC1
Behind Genius Ventures1
DevCap1
Donville Kent Asset Management1
Field Ventures1
Goodwater Capital1
Gurtin Ventures1
Innospark Ventures1
Invest Nova Scotia1
LAUNCH1
Outlander VC1
Techstars1
Venture Grade1
W Fund1
Zenda Capital1

Investment Strategy

LOI Venture: Led accounts for 43% and participating for 57% of round participation.All available history.
LOI Venture: Led accounts for 43% and participating for 57% of round participation. All available history
CategoryDeals (count)Share (%)
Led343%
Participating457%
LOI Venture: Single-lead accounts for 67% and co-led for 33% of lead dynamics.All available history.
LOI Venture: Single-lead accounts for 67% and co-led for 33% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead267%
Co-led133%

Team

Leon Ng

Limited Partner

Manny Padda

Founder

Ryan Holmes

Founder & GP