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The Venture Codex

Overview

Invests in early-stage software startups in Canada and the US.

Founded

2021

Deals · 12mo

0

Links

Stage focus

Pre-Seed
Seed

Geographic focus

Canada

Sector focus

Artificial Intelligence (AI)
FinTech
Machine Learning
Software
...

Investment portfolio

  • SimCare AI

    Participated · Seed · Mar 2025

    SimCare AI offers an AI-driven healthcare simulation platform that creates realistic, dynamic AI patients whose decision trees map each interaction to accreditation standards. The system enables institutions to track, assess, and verify student competencies, allowing practice and evaluation anytime, anywhere. By standardizing scenarios the platform reduces faculty burden and training costs while accelerating the pace at which new clinicians can enter the workforce. Its platform can be customized for different specialties and use cases, from residency programs to social work training, and is used by telehealth companies for screening and onboarding. SimCare AI has already closed 30 pilots with institutions including the University of Pennsylvania. The company plans to use new funding to expand operations and continue product development.

  • Enurgen

    Participated · Seed · Nov 2023

    Founded in 2022 and headquartered in Ottawa, Enurgen develops what it describes as the solar industry’s most accurate energy-yield performance model. Its flagship platform applies high-resolution, 3D solar irradiance modelling that scales from individual cells to gigawatt-scale power plants, enabling more precise incident-light calculations across a project’s lifecycle. By relying on deterministic, physics-based models rather than solely on AI or statistical approaches, the software aims to correct systemic underperformance and improve project economics amid falling incentives and tighter PPA pricing. The company targets utility-scale developers and operators who need to de-risk assets and boost returns. With momentum in global solar adoption and increasing design complexity, Enurgen plans to use its newly raised capital to accelerate international expansion and advance its product roadmap. The recent seed funding brings total outside investment to at least $4.1 million, underscoring the firm’s early-stage yet commercial focus. No revenue, customer, or deployment metrics were disclosed in the article.

  • LearnExperts

    Participated · Seed · Sep 2021

    LearnExperts provides a platform for rapid course creation through artificial intelligence (AI). The company emphasizes speed and ease in developing educational courses. Led by founder Sarah Sedgman, LearnExperts draws on her 20 years of experience at Cognos, IBM, PTC and Kinaxis. The company is based in Ottawa, Canada. In September 2021 LearnExperts raised $1.25M in seed funding. Backers included Sand Hill North, MaRS IAF, Capital Angel, Maple Leaf Angel and Georgian Angel networks, including six women investors. The company intends to use the funds to accelerate growth within the sector.

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Team