About Accelerate Okanagan
Accelerate Okanagan, an accelerator and incubator program founded in 2010, is based in Kelowna, Canada. With a presence in 7 countries, it has supported around 312 startups in sectors like Enterprise Applications, High Tech. As of Aug 2026, Accelerate Okanagan has 2 unicorns under its belt and has witnessed 21 portfolio exits. Most notable companies in
its portfolio include Weebly, Plume and Clearco. The program is backed by a team of 23 people who primarily support Seed startups based in Canada. Its latest investment was a $120K Seed round in Bullfinch Earth on Jun 05, 2026.
Accelerate Okanagan's List of Top Investments
Accelerate Okanagan has a portfolio of 312 companies, including 2 unicorns. Their most notable investments are in Local Reads and PACE Concussion.Their portfolio spans across Canada, United States, Brazil and 4 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 39 other sectors, across stages such as Seed stage. Here is the list of top investments by Accelerate Okanagan:1. Weebly
Provider of tools for website creation, e-commerce, and marketing. It offers customizable webpage designs and tools to build websites. The platform simplifies order management, shipping, and payments. It also provides integrated marketing tools and website templates.
Key facts about Weebly
- Founded Year: 2007
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $39.8M
- Employee Count: 155 as on Jun 30, 2026
- Investors: Floodgate, Sequoia Capital and 26 Others
- Latest Funding Round: Series C, Aug 14, 2014, $*****
- Highlight: Acquired
2. Plume
Self-optimizing adaptive Wi-Fi system provider. It uses a patented allocation system and adapts in real time to the devices and applications. The Pods connect wirelessly without using ethernet over the power line for communication.
Key facts about Plume
- Founded Year: 2015
- Location: Palo Alto (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $697M
- Employee Count: 483 as on Jul 31, 2026
- Investors: Liberty Global, Qualcomm Ventures and 21 Others
- Latest Funding Round: Series F, Oct 12, 2021, $*****
- Highlight: Editors' Pick
3. Clearco
Revenue-based financing solution. It provides loans to businesses in return for a part or percentage of revenue generated by the business. It provides loans to eCommerce, SaaS, and more.
Key facts about Clearco
- Founded Year: 2015
- Location: Toronto (Canada)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $775M
- Employee Count: 140 as on Jul 31, 2026
- Investors: Founders Circle Capital, Sarissa Capital and 31 Others
- Latest Funding Round: Conventional Debt, Aug 18, 2026, $*****
- Highlight: Editors' Pick
4. UKG
Provider of human capital management, workforce management, and payroll solutions for businesses. Its platform offers a range of tools and insights to help organizations manage their workforce, improve operational efficiency, and make informed HR decisions.
Key facts about UKG
- Founded Year: 1977
- Location: Lowell (United States)
- Annual Revenue: $1B+ as on Dec 31, 2018
- Stage: Early Stage
- Total Funding till date: $6.09M
- Employee Count: 16,264 as on Jul 31, 2026
- Investors: Hellman & Friedman, Lead Edge Capital and 5 Others
- Latest Funding Round: Unattributed, Nov 18, 2013, $*****
5. Procurify
Developer of procurement software for managing organizational spend and workflows. This platform automates the full purchasing lifecycle, including intake, approval routing, purchase order generation, invoice matching, and payment processing. It integrates with financial systems to provide real-time visibility into expenditures and budget tracking. The software utilizes automated agents to draft requests, code invoices, and perform three-way matching based on organizational data. Finance and operations teams use these tools to enforce spending policies, maintain audit trails, and reduce manual administrative tasks throughout the procurement process.
Key facts about Procurify
- Founded Year: 2012
- Location: Vancouver (Canada)
- Stage: Series C
- Total Funding till date: $82.5M
- Employee Count: 169 as on May 31, 2026
- Investors: HarbourVest Partners, Information Venture Partners and 22 Others
- Latest Funding Round: Venture Debt, Nov 04, 2024, $*****
- Highlight: Editors' Pick
Accelerate Okanagan's Year-on-Year Investment Trends
Accelerate Okanagan has invested in 312 companies over the last 14 years, with an average of 0 new investment annually in the last 10 years. As of Jun 2026, it has made 1 investment in this year. Its most recent first time investment was in Bullfinch Earth and most recent follow-on round was in World Tech Solutions.Accelerate Okanagan's Investments by Stage
Accelerate Okanagan has made 6 investments in Seed stage with an average round size of $120K.Accelerate Okanagan's Investments by Sector
Accelerate Okanagan has a diverse portfolio, with companies operating in the HealthTech, High Tech, Internet of Things - Industry Applications, Consumer and Enterprise Applications. Notably, it has invested in 121 Tech companies, 118 Enterprise (B2B) companies, 66 Software companies and at least 64 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
HealthTech | 2 |
High Tech | 2 |
Internet of Things - Industry Applications | 2 |
Consumer | 1 |
Enterprise Applications | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Accelerate Okanagan's Investments by Geography
Accelerate Okanagan has made most investments in Canada (6).Accelerate Okanagan's recent investments
Accelerate Okanagan has made 1 investments in 2026 so far - Bullfinch Earth.Here are the most recent investments by Accelerate Okanagan:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 05, 2026 | Canada | Seed | 7625 | - | |
2017 | Canada | Seed | 2409 | - | |
Apr 18, 2017 | Canada | Seed | 3358 | - | |
Mar 12, 2017 | Canada | Seed | 3074 | - | |
2014 | Canada | Seed | 6298 | - |
Unicorns in Accelerate Okanagan's Portfolio
Accelerate Okanagan has 2 unicorns in its portfolio - Clearco and Plume. The most recent unicorn in their portfolio is Clearco. It became a unicorn in 2021, 5 years before Accelerate Okanagan first invested in it.Here is a list of unicorns in Accelerate Okanagan's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
75 | Revenue-based financing solution | 2015 | Toronto | Series D | zoeergi | ||
76 | Self-optimizing adaptive Wi-Fi system provider | 2015 | Palo Alto | Series F | xvgkejq |
IPOs and Publicly Listed companies in Accelerate Okanagan's Portfolio
3 of Accelerate Okanagan's portfolio companies have become public. Immersive Tech got listed on the Canadian Securities Exchange (CSE), in Sep 2021 at marketcap of $1.69M and NTT DATA got listed on the Tokyo Stock Exchange (TSE).Here are Accelerate Okanagan's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 08, 2021 | - | - | 4137 | |
Apr 26, 1995 | - | - | 3276 | |
- | - | - | 3395 |
Acquired companies in Accelerate Okanagan's Portfolio
18 companies from Accelerate Okanagan's portfolio have been acquired. The most recent acquisition was Crowe in Oct 2025 by Acclime for $*****.Here are Accelerate Okanagan's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 28, 2025 | - | - | 8707 | |
Jun 13, 2025 | - | - | 5349 | |
Feb 21, 2025 | - | - | 1998 | |
Jan 25, 2024 | - | - | 5519 | |
Jun 16, 2023 | - | - | 1439 |
Team profile of Accelerate Okanagan
Accelerate Okanagan has a team of 23 members including 10 Partners, 8 Venture Partners and 5 Principals located in Canada. Accelerate Okanagan's team does not sit on the board of any company as of now.Here is a list of top team members in Accelerate Okanagan:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Kelowna | - | ||
Partner | Kelowna | - | ||
Partner | Vancouver | - | ||
Partner | Kelowna | - | ||
Partner | Canada | - | - | |
Partner | Kelowna | - | ||
Partner | Kelowna | - | - | |
Partner | Kelowna | - | - | |
Partner | Kelowna | - | - | |
Partner | Vancouver | - | - | |
Venture Partner | Kelowna | - | - |
Recent News related to Accelerate Okanagan
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New Accelerate Okanagan Ceo Wants To Boost Okgn Tech GloballyBetaKit•Oct 18, 2019•Accelerate Okanagan
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Accelerate Okanagan receives $473,000 from Canadian governmentBetaKit•Jan 16, 2018•Accelerate Okanagan
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Accelerate Okanagan Renews Partnership with Okanagan Collegebctechnology.com•May 08, 2017•Accelerate Okanagan, Okanagan College
