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Ripple Ventures

410 Adelaide St W., Suite 610, Toronto, Ontario, M5V 1S8, Canada

Overview

Venture fund investing in pre-seed B2B software companies.

Founded

2017

Deals ยท 12mo

4

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Canada
United States

Sector focus

Enterprise Software
Financial Services
SaaS
Venture Capital

Investment portfolio

27rounds
NAMEDATESIZE
Daedal Systems
Sep 2026Participated
$4 MSeed
Katalyze AI
Jul 2026Participated
$11 MSeed
Blank Bio
May 2026Participated
$7 MSeed
Canada Rocket Company
Jan 2026Participated
$6 MSeed
Mycroft
Sep 2025Participated
$4 MSeed
Hyper
Jul 2025Participated
$6 MSeed
Asepha
Jul 2025Participated
$4 MSeed
Theo Ai
May 2025Participated
$4 MSeed
Page
Mar 2025Participated
$3 MSeed
Scalestack
Dec 2024Participated
$3 MOther Equity
Theo Ai
Nov 2024Participated
$2 MSeed
NetNow
Sep 2024Led
$2 MSeed
Daedal Systems
Sep 2026Participated
$4 MSeed
Katalyze AI
Jul 2026Participated
$11 MSeed
Blank Bio
May 2026Participated
$7 MSeed
Canada Rocket Company
Jan 2026Participated
$6 MSeed
Mycroft
Sep 2025Participated
$4 MSeed
Hyper
Jul 2025Participated
$6 MSeed
Asepha
Jul 2025Participated
$4 MSeed
Theo Ai
May 2025Participated
$4 MSeed
Page
Mar 2025Participated
$3 MSeed
Scalestack
Dec 2024Participated
$3 MOther Equity
Theo Ai
Nov 2024Participated
$2 MSeed
NetNow
Sep 2024Led
$2 MSeed
27
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Insights

Time horizon

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Deal Distribution

Ripple Ventures: 27 funding rounds are recorded in the selected participation categories.All available history.
Ripple Ventures: 27 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed912
Series A02
Other Equity31

Monthly Deal Activity

Ripple Ventures: 27 deals are recorded across 106 months.All available history.
Ripple Ventures: 27 deals are recorded across 106 months. All available history
MonthDeals
Jan '181
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '181
Jan '190
Feb '190
Mar '190
Apr '192
May '191
Jun '190
Jul '191
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '201
Oct '200
Nov '200
Dec '200
Jan '210
Feb '211
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '212
Oct '210
Nov '210
Dec '210
Jan '220
Feb '221
Mar '221
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 '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '231
Nov '230
Dec '230
Jan '240
Feb '241
Mar '240
Apr '240
May '241
Jun '240
Jul '240
Aug '240
Sep '241
Oct '240
Nov '241
Dec '241
Jan '250
Feb '250
Mar '251
Apr '250
May '251
Jun '250
Jul '252
Aug '250
Sep '251
Oct '250
Nov '250
Dec '250
Jan '261
Feb '260
Mar '260
Apr '260
May '261
Jun '260
Jul '261
Aug '260
Sep '261
Oct '260

Sector Breakdown

Ripple Ventures: AI & Machine Learning is the largest displayed sector by deal count (13 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.

Ripple Ventures: AI & Machine Learning is the largest displayed sector by deal count (13 deals). All available history
SectorDeals
AI & Machine Learning13
Enterprise Software10
Networks, Cloud & Communication8
Health & Life Sciences8
Professional Services8
Data, Analytics & IT6
Transportation & Logistics4
Marketing & Advertising4
Space & Frontier Tech3
Cybersecurity & Privacy2
Fintech2
Manufacturing2
Developer Tools2
Education & Workforce1
E-Commerce & Retail1
Clean Energy & Sustainability1
Hardware & Robotics1

Deal Size Distribution

Ripple Ventures: 27 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.

Ripple Ventures: 27 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M20
$5M-$10M6
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Ripple Ventures: Canada has the largest recorded deal count among the displayed regions (16 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Ripple Ventures: Canada has the largest recorded deal count among the displayed regions (16 deals). All available history
RegionDeals
Canada16
United States10
M5v 1s81
Ripple Ventures: 20 co-investors are shown, with Panache Ventures sharing 5 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.

Ripple Ventures: 20 co-investors are shown, with Panache Ventures sharing 5 recorded deals. All available history
Co-investorShared deals
Panache Ventures5
Garage Capital4
Maple Leaf Angels4
MaRS IAF3
Alumni Ventures2
Antler2
BDC Capital2
Beat Venture2
Glasswing Ventures2
Inovia Capital2
Newark Venture Partners2
NextView Ventures2
Stout Street Capital2
2048 Ventures1
Angel One1
Backfuture1
Base10 Partners1
BDC1
Ben Franklin Technology Partners1
Bonfire Ventures1

Investment Strategy

Ripple Ventures: Led accounts for 44% and participating for 56% of round participation.All available history.
Ripple Ventures: Led accounts for 44% and participating for 56% of round participation. All available history
CategoryDeals (count)Share (%)
Led1244%
Participating1556%
Ripple Ventures: Single-lead accounts for 67% and co-led for 33% of lead dynamics.All available history.
Ripple Ventures: Single-lead accounts for 67% and co-led for 33% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead867%
Co-led433%

Team

Adam Levine

Sales Entrepreneur In Residence

Dominic Lau

Partner

Emily Lonetto

Venture Partner

Katie Ko

Venture Associate

Matt Cohen

Founder & Managing Partner