Participated · Seed · Aug 2026

Walaw builds an AI receptionist and appointment-booking platform aimed at automating administrative tasks for allied health and wellness clinics. Founded in Montreal in 2026 by Jerome D. Cauvier, Lysandro Carioca Braga, and Marc Obeid, the company positions itself to be an AI-native operating system for healthcare operators. Its recent CA$1.5M pre-seed raise will fund expansion of its AI engineering and go-to-market teams and accelerate product development. Walaw intends to expand the availability of its platform nationally across Canada. The company raised this capital in a round led by Telegraph Ventures with participation from Fonds Impulsion (Investissement Quebec), Mistral Venture Partners, and strategic angel investors.

Participated · Seed · Nov 2025

Frugal AI has built Frugal Code, a developer-first cost-optimization platform that analyzes source code alongside observability data and cloud bills to pinpoint and fix expensive application patterns. Its core features include Cost-to-Code, which maps cloud and AI costs to individual services and lines of code; Frugal Fixes, which generates pull requests with quantified savings; and Frugalbot, a conversational assistant that surfaces cost insights inside tools like GitHub. The product is currently in Tech Preview with general commercial availability targeted for Q1 2026, and early access already open to customers using AWS, GCP, Datadog, New Relic, Anthropic, and OpenAI (with Azure support forthcoming). Founded by repeat entrepreneurs Mike Weider, Craig Conboy, and Rob Calendino and headquartered in Ottawa, the company positions itself as the pioneer of Application Cost Engineering, aiming to address the rapidly growing cloud-spend problem that now consumes over 10 % of many tech companies’ top-line revenue. Frugal’s approach focuses on correcting inefficient code rather than merely rightsizing infrastructure, thereby reducing consumption of high-cost services such as AI models, caching layers, and databases. The company has secured a US $5 million seed round to support continued product development and market entry. No operating metrics such as revenue or user counts have been disclosed.

Led · Seed · Oct 2025

Ready Plan Go builds intelligent back-office software that automates document collection, data extraction, and tax-form entry for accountants. The platform integrates directly with widely used tax suites such as Drake and ProSeries, allowing AI agents to handle multiple stages of the tax-preparation workflow while humans provide oversight. By streamlining these labour-intensive processes, the company aims to help accounting firms scale operations, cut costs, and improve service quality. Ready Plan Go was founded by Nima Jalalvandi alongside a team of business and accounting professionals. Although specific revenue or user figures were not disclosed, the company positions itself to capitalize on the industry’s ongoing digital transformation. Looking ahead, the team plans to enhance product capabilities and broaden market reach using newly raised capital.

Participated · Seed · Jul 2025

Trusty is an AI-powered estate platform that digitizes valuables, analyzes documents, and provides a conversational assistant named “Max” to help families record intentions and personal messages alongside legal wills. The product uses image recognition, document analysis, and a conversational AI to build an asset-detection wizard and workflows for heirs, executors, and advisors. Founded in 2024 and rebranded to Trusty in 2025, the company has piloted with consumers and is forming commercial distribution partnerships with advisory firms and financial institutions. Trusty is positioning itself as a consumer-first app where individuals control their data while also integrating into advisor workflows to provide clarity and coordination. The company plans to use its recent funding to accelerate product development and expand go-to-market efforts across Canada and the U.S., with a focus on its AI assistant, asset detection, and proprietary advisor workflows.

Led · Seed · Nov 2024

runQL is a Waterloo, Ontario-based provider of a smart query platform (integrated development environment) purpose-built to help data professionals and developers write queries faster and maintain a single source of truth. The platform supports SQL, Neo4j Cypher, Python, and query federation, and offers smart query suggestions, powerful search, version control, query certification, AI-assisted documentation, schema change resolution, and query optimization. These features are designed to build a library of trusted queries, reduce rework, and streamline query-heavy workflows. runQL works with customers across geospatial data, eCommerce, life sciences, and IoT and is used by data, product, software development, and technical sales teams. Led by CEO Rob Darling, the team includes CTO Kris Braun and engineers Emily Chalmers and Brandon Noad. The company raised $1.6M in a Pre-Seed round and plans to use the proceeds to accelerate sales, marketing, and product development.