About Ignite Ventures
Ignite Ventures, an accelerator and incubator program founded in 2017, is based in Vancouver, Canada. With a presence in 2 countries, it has supported around 5 startups in sectors like Enterprise Applications, High Tech. Most notable companies in
its portfolio include Novarc Technologies, Azoma and Cekura. The program is backed by a team of 1 people who primarily support Series A startups based in Canada. Its latest investment was a $11.2M Series A round in Azoma on Oct 21, 2026, which also saw participation from Puma Growth Partners and Dunnhumby.
Key Metrics
Founded Year
2017
Location
Vancouver, Canada
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Series A
Locations of Investment
Ignite Ventures' List of All Investments
Ignite Ventures has a portfolio of 5 companies. Their most notable investments include Novarc Technologies and Azoma.Their portfolio spans across Canada and United States. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 2 other sectors, across stages such as Seed, Series A stages. Here is the list of all investments by Ignite Ventures:Provider of a collaborative welding robot system. It can be used for high-mix low-volume production operations. The robot has a 15ft reach and can weld a spool of up to 30ft in length. The welding machine has a 3-axis servo-drive robot arm at its end. The robot has been designed to work in a collaborative fashion and does not require fencing or light curtains. The machine automatically controls the torch-to-pipe distance by using a laser camera and closed-loop control systems.
Key facts about Novarc Technologies
- Founded Year: 2013
- Location: Burnaby (Canada)
- Stage: Series B
- Total Funding till date: $53.1M
- Employee Count: 157 as on Sep 30, 2026
- Investors: MaRS Discovery District, Export Development Canada and 10 Others
- Latest Funding Round: Series B, Mar 11, 2025, $*****
- Highlight: Editors' Pick
2. Azoma
Provider of software for optimizing product data and content for commerce. The software improves product listings, closes data gaps, and ensures readiness for standards. It offers agentic commerce tracking, shopping agent visibility, and citation tracking. The platform generates optimized product listings and distributes content across agent citation sources.
Key facts about Azoma
- Founded Year: 2022
- Location: Toronto (Canada)
- Stage: Series A
- Total Funding till date: $15.2M
- Employee Count: 48 as on Sep 30, 2026
- Investors: dunnhumby Ventures, Team Ignite Ventures and 7 Others
- Latest Funding Round: Series A, Oct 21, 2026, $*****
- Highlight: Editors' Pick
3. Cekura
Provider of automated quality assurance platform for voice and chat agents. The platform offers end-to-end testing and observability for conversational artificial intelligence. It simulates scenarios across diverse personas and monitors production conversations. The platform tests instruction-following, tool calls, and conversational quality. It provides real-time insights, detailed logs, and trend analysis.
Key facts about Cekura
- Founded Year: 2024
- Location: Sunnyvale (United States)
- Stage: Seed
- Total Funding till date: $2.4M
- Employee Count: 19 as on Sep 30, 2026
- Investors: Flex Capital, Pioneer Fund and 6 Others
- Latest Funding Round: Seed, Jun 30, 2025, $*****
4. Vancosys
Vancosys provides software and hardware products and solutions for cryptography, 2FA, and PKI. Product FIDObooster is a 2FA Windows login security using a secure cryptographic USB key; Vancokey is a smartphone-based solution to authenticate users by sending a login notification to approve or deny the request on their mobile device. Other products include PKIBooster, a tool for developers to enable PKI features and eXpressCA; and services include consulting and training. Supports Fast ID Online (FIDO), UAF/U2F, OTP and Smartcard, with both in-house deployment or Identity-as-a-Service.
Key facts about Vancosys
- Founded Year: 2013
- Location: Vancouver (Canada)
- Stage: Funding Raised
- Employee Count: 2 as on Sep 30, 2026
- Investors: GEX VC and Ignite Ventures
5. Sidebuy
Sidebuy offers an influencer marketing platform for brands to connect with influencers. Offers a single dashboard for brands that integrates task management, messaging and notifications in one place. Claims to have a catalogue of 10,000 influencers in 21 verticals with a global 875 million audience reach on blogs and social. Offers filters to search for influencers based on location, platform, reach, industry, key topics, rate card, demographic information, etc.
Key facts about Sidebuy
- Founded Year: 2014
- Location: Vancouver (Canada)
- Stage: Deadpooled
- Employee Count: 5 as on Sep 30, 2026
- Investors: Ignite Ventures
Ignite Ventures' Year-on-Year Investment Trends
In 2025, it made 1 investment, while as of Oct 2026, it has made 1 investment in this year. Its most recent first time investment was in Azoma.Ignite Ventures' Investments by Stage
Ignite Ventures has made 1 investment in Seed stage with an average round size of $2.4M and 1 investment in Series A stage with an average round size of $11.2M.Ignite Ventures' Investments by Sector
Ignite Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure and High Tech. Notably, it has invested in 5 Tech companies, 4 Enterprise (B2B) companies, 2 Saas companies and at least 2 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 1 |
Enterprise Infrastructure | 1 |
High Tech | 1 |
Note: We have considered here, only first round of investments
Ignite Ventures' Investments by Geography
Ignite Ventures has made most investments in Canada (1), followed by United States where it has made 1 investment.Ignite Ventures' recent investments
Ignite Ventures has made 1 investments in 2026 so far - Azoma.Here are the most recent investments by Ignite Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 21, 2026 | Canada | Series A | 3995 | [+4] | |
Jun 30, 2025 | United States | Seed | 2894 | [+6] |
Team profile of Ignite Ventures
Ignite Ventures has a team of 1 member located in Canada. Ignite Ventures' team does not sit on the board of any company as of now.Co-investors of Ignite Ventures
Over the past year, 15 investors have co-invested in Ignite Ventures's portfolio companies. This includes funds and angels.
- Invested before Ignite Ventures: Team Ignite Ventures, Rank Ventures and 4 others have invested in rounds before Ignite Ventures. There is 1 company where Team Ignite Ventures has invested before Ignite Ventures and 1 company where Rank Ventures has invested before Ignite Ventures.
- Top Co-investors of Ignite Ventures: 9 investors entered a company along with Ignite Ventures. These include investors like Puma Growth Partners (1 company).
Recent News related to Ignite Ventures
•
Azoma Raises $4M in Pre-Series A FundingFinSMEs•Dec 04, 2025•Azoma, Ignite Ventures, Rank Ventures, eBay and 4 others
