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Thin Air Labs

Suite 202 838-11th Avenue SW, Calgary, AB, T2R 0E5, Canada

Overview

Investment firm focused on growth in innovation and technology.

Founded

2018

Deals · 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Canada

Sector focus

Finance
Financial Services
Life Science

Investment portfolio

7rounds
NAMEDATESIZE
PayShepherd
Mar 2024Participated
$5 MSeed
PayShepherd
Jun 2022Participated
$3 MSeed
PhenoTips
Sep 2021Participated
$2 MSeed
Fluid Biomed Inc.
Aug 2021Participated
$5 MSeed
PayShepherd
May 2021Led
$0.57 MSeed
Athennian
Sep 2020Participated
$8 MSeries A
Orpyx Medical Technologies
Jul 2020Participated
$8 MSeries A
PayShepherd
Mar 2024Participated
$5 MSeed
PayShepherd
Jun 2022Participated
$3 MSeed
PhenoTips
Sep 2021Participated
$2 MSeed
Fluid Biomed Inc.
Aug 2021Participated
$5 MSeed
PayShepherd
May 2021Led
$0.57 MSeed
Athennian
Sep 2020Participated
$8 MSeries A
Orpyx Medical Technologies
Jul 2020Participated
$8 MSeries A
7
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Insights

Time horizon

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Deal Distribution

Thin Air Labs: 7 funding rounds are recorded in the selected participation categories.All available history.
Thin Air Labs: 7 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed14
Series A02

Monthly Deal Activity

Thin Air Labs: 7 deals are recorded across 76 months.All available history.
Thin Air Labs: 7 deals are recorded across 76 months. All available history
MonthDeals
Jul '201
Aug '200
Sep '201
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '211
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Aug '211
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Dec '210
Jan '220
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Dec '220
Jan '230
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Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '241
Apr '240
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Jun '240
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Jan '260
Feb '260
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Apr '260
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Aug '260
Sep '260
Oct '260

Sector Breakdown

Thin Air Labs: 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.

Thin Air Labs: Enterprise Software is the largest displayed sector by deal count (4 deals). All available history
SectorDeals
Enterprise Software4
Fintech3
Health & Life Sciences3
Networks, Cloud & Communication1
Hardware & Robotics1
Professional Services1

Deal Size Distribution

Thin Air Labs: 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.

Thin Air Labs: 7 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M4
$5M-$10M3
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Thin Air Labs: Canada has the largest recorded deal count among the displayed regions (7 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Thin Air Labs: Canada has the largest recorded deal count among the displayed regions (7 deals). All available history
RegionDeals
Canada7
Thin Air Labs: 20 co-investors are shown, with Accelerate Fund III sharing 3 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.

Thin Air Labs: 20 co-investors are shown, with Accelerate Fund III sharing 3 recorded deals. All available history
Co-investorShared deals
Accelerate Fund III3
Bluesky Equities2
InterGen Capital2
Nashville Capital Network2
Alabaster1
Amino Capital1
Anges Québec1
Aphelion Capital1
Arthur Ventures1
ATB Financial1
GreenSky Ventures1
ICM Asset Management1
Inovia Capital1
METIS Innovative1
Paddock Capital1
Picante Capital1
Relentless Venture Fund1
Round13 Capital1
ShangBay Capital1
Stagecoach Partners VC1

Investment Strategy

Thin Air Labs: Led accounts for 14% and participating for 86% of round participation.All available history.
Thin Air Labs: Led accounts for 14% and participating for 86% of round participation. All available history
CategoryDeals (count)Share (%)
Led114%
Participating686%
Thin Air Labs: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Thin Air Labs: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led1100%

Team

Jim Gibson

Partner

Rick Bird

COO