• Sprout.ai

  Participated · Equity · Oct 2023

  Sprout AI develops AI applications aimed at accelerating insurance claims processing and reducing errors. The company recently raised $9M in a funding round co-led by Accel to expand its technology platform. Public reports highlight the potential for AI tools like Sprout's to speed workflows and alleviate delays that frustrate policyholders. The startup is positioned within a broader wave of insurtech investment and digital transformation in financial services. Available coverage does not disclose revenue, user metrics, or founding date. Observers emphasize that Sprout AI’s future growth will depend on delivering measurable results and earning customer trust.

• Verto Health

  Participated · Seed · Aug 2020

  Verto Health offers a platform that uses digital twin technology and smart integrations to connect hospital information systems (HIS), electronic medical records (EMR), laboratory information systems (LIS), devices and mobile app data. The product is designed to surface relevant patient information appropriate to a patient’s current stage of care without requiring complex or costly integrations. The company says its platform is deployed at more than 50 hospitals, clinics and long‑term care facilities, demonstrating benefits to patient outcomes, experience, and provider efficiency. Verto positions its technology to reduce healthcare provider administration and costs while improving cross‑sector collaboration. The company raised a $2.0M seed round to support rapid growth and continued deployment. Leadership highlights include CEO Michael Millar, who founded the company after 15 years in healthcare information technology.

• VXG

  Led · Seed · Mar 2020

  VXG builds a video management software platform that connects any number of cameras to multiple AI engines, enabling customers to extract metadata from video streams cost-efficiently. The platform can run as private or public cloud and relay between them, and supports tens of thousands of cameras. VXG emphasizes interoperability, allowing customers to choose any AI engines rather than using VMS with integrated AI. The company plans to use the new funding to expand its sales and customer success teams and make the platform available to a broader market. VXG was founded in 2016, graduated from the DMZ accelerator, and is based in Toronto. Its software was used on NASA’s Astrobee in 2017, demonstrating a notable technical deployment.

• Wisely

  Participated · Seed · Jul 2019

  Wisely provides an AI-driven fundraising platform that adapts to and integrates with existing donor data to create customized, scalable plans for nonprofit organizations. The product offers recommended actions so fundraisers can discover how much to pursue, from whom, and when, with the goal of optimizing workflow and funds raised. Founded in 2017 by engineers, fundraisers and nonprofit software executives, Wisely serves nonprofit organizations, educational institutions, foundations and hospital foundations across North America, including UNHCR, St. Joseph’s Health Centre Foundation, Kids Help Phone and Oakville Hospital Foundation. The company positions itself as addressing inefficiencies and archaic tools in a philanthropic sector that raises an estimated $440 billion annually across the USA and Canada and includes roughly 1.8 million nonprofits. Wisely plans to expand its operations in North America and scale its technology and services to help organizations grow revenue. Financially, the company raised C$1.5 million (US$1.15 million) in seed funding and has C$2.1 million in total funding to date.

• EnergyX

  Participated · Equity · Sep 2018

  EnergyX Solutions is an AI-powered SaaS provider whose Retrofit AI and machine-learning tools identify customers with high energy savings potential and automate enrollment in utility energy-efficiency programs. The platform is white-label licensed by utilities and government organizations and includes an active dashboard for customer communication, tracking and program-performance insights. EnergyX says its tools have served 5 million homes across North America and have been validated by professional engineering teams at government organizations, educational institutions and large utilities. Its software optimizes on-site visits and minimizes truck-rolls by intelligently segmenting customer bases and streamlining incentive delivery. The company plans to accelerate expansion into the U.S. and broader North America markets. Financially, EnergyX raised an additional $1 million in non-dilutive capital led by BDC Capital, bringing total equity and non-dilutive financing to $5 million since its 2016 inception. EnergyX Solutions licenses its MIT-award-winning online energy audit and marketplace platform, MyEnergyXpert, as a white-label tool for utilities and government organizations to boost participation in energy efficiency programs. The platform tracks the enrollment process from referral to conversion and stores behavioral and building data that utilities use to target incentives and reduce cost to serve. EnergyX says MyEnergyXpert can help homes and businesses save up to 25% on energy bills and increase program conversion by up to 250% using AI and machine learning. To date more than 300,000 customers are using MyEnergyXpert to access energy-saving incentives and lower energy use. The technology has been validated by professional engineering teams at government organizations, educational institutions and large utilities, and has been licensed to organizations including Enbridge Gas Distribution, CLEAResult and Summerhill. EnergyX is a graduate of Ryerson DMZ, L-SPARK and Creative Destruction Lab and plans to expand into the United States with a goal of helping 3 million homes and businesses reduce energy costs. EnergyX Solutions offers MyEnergyXpert, an online energy audit and marketplace platform licensed to utilities and government organizations and delivered as a white-label solution. The platform tracks the entire program enrolment process from referral to conversion while storing behavioural and building data about users. Customers use MyEnergyXpert to increase participation in energy efficiency programs and to reduce the utilities' cost to serve. EnergyX is a recent graduate of the L-SPARK SaaS accelerator and Creative Destruction Lab (CDL‑Atlantic). The company has said the recent financing will help accelerate growth into new markets in North America and beyond. The round supports the company’s US expansion plans.

No current team members are available.