About Launch Ventures
Launch Ventures, an accelerator and incubator program founded in 2012, is based in Vancouver, Canada. With a presence in 4 countries, it has supported around 27 startups in sectors like Enterprise Applications, HealthTech. As of Apr 2026, Launch Ventures has witnessed 12 portfolio exits. Most notable companies in
its portfolio include Thinkific, Procurify and Pattern. The program is backed by a team of 1 people who primarily support Seed startups based in Australia. Its latest investment was a $35M Series B round in Pattern on Aug 25, 2022, which also saw participation from Conti Ventures and Bidra Innovation Ventures.
Key Metrics
Founded Year
2012
Location
Vancouver, Canada
Sectors of Investment
Stages of Investment
Seed & Series B
Locations of Investment
Launch Ventures' List of Top Investments
Launch Ventures has a portfolio of 27 companies. Their most notable investments include Thinkific and Procurify.Their portfolio spans across Canada, United States, Australia and 1 more locations. They have invested in Enterprise Applications, HealthTech, Food and Agriculture Tech and 17 other sectors, across stages such as Seed, Series B stages. Here is the list of top investments by Launch Ventures:
1. Thinkific
Provider of online academy builder. It enables users to create online courses, digital products, and communities that actually sell. It works on a premium model with revenue generated from transaction fees and subscriptions.
Key facts about Thinkific
- Founded Year: 2012
- Location: Vancouver (Canada)
- Stage: Public
- Total Funding till date: $25M
- Employee Count: 201 - 500 as on Jul 01, 2024
- Investors: VFF, Rhino Ventures and 5 Others
- Latest Funding Round: Series A, Sep 29, 2020, $*****
- Highlight: Public

2. Procurify
SaaS-enabled end-to-end spend management software. It is a SaaS-based purchasing software to automate and streamline procure-to-pay operations. The solution serves as a platform to streamline procurement operations, track procurement spending, and increase visibility throughout the procure-to-pay process. Features include approval management, real-time budget tracking, expense management, vendor management, spend analytics, and reporting. Its app is available for Android users.
Key facts about Procurify
- Founded Year: 2012
- Location: Vancouver (Canada)
- Stage: Series C
- Total Funding till date: $82.5M
- Employee Count: 164 as on Feb 28, 2026
- Investors: Canadian Imperial Bank of Commerce, Information Venture Partners and 22 Others
- Latest Funding Round: Venture Debt, Nov 04, 2024, $*****
- Highlight: Editors' Pick

3. Pattern
Revolutionizing soil analysis with advanced sensors and data-driven insights. This company delivers a comprehensive view of soil potential by measuring physical, chemical, and biological properties. They provide agronomic planning, analytics, and insights for predictive crop planning, nutrient management, and in-season scouting. Their carbon planning services include complete carbon measurement, management programs, and credit planning, supporting sustainability initiatives. They offer a total farm program with advanced nutrient analysis and fertility management. Their solution unlocks yield potential with a detailed soil profile delivered through a dashboard, providing information on pests, diseases, biofertility, and nutrients. They also offer a trusted soil carbon MRV solution for verifiable sequestration data. They are leading the digital revolution in soil with advanced field sensors and lab analysis, delivering comprehensive insights with greater accuracy and lower cost. They are a tech company offering cloud based software and SaaS solutions.
Key facts about Pattern
- Founded Year: 2018
- Location: Emeryville (United States)
- Stage: Series B
- Total Funding till date: $65.3M
- Employee Count: 63 as on Dec 31, 2022
- Investors: IFC, Founders Fund and 8 Others
- Latest Funding Round: Series B, Aug 25, 2022, $*****
- Highlight: Editors' Pick
Cannabis products company focused on quality, innovation, and customer engagement. They offer a range of cannabis products, including infused prerolls, with a focus on potency and quality. The company emphasizes staying connected with its audience through newsletters and various media channels like photos and blogs. They also provide resources like terms of service, FAQs, and a privacy policy. The website includes a login area, potentially for RX-related services. The company seems to prioritize customer engagement and education within the cannabis industry. They are focused on delivering high-quality cannabis experiences and building a strong community around their brand.
Key facts about Tantalus Labs
- Founded Year: 2012
- Location: Vancouver (Canada)
- Stage: Acquired
- Employee Count: 29 as on Jul 01, 2024
- Investors: Launch Ventures and Victory Square Technologies
- Highlight: Acquired
5. FansUnite
Provider of technology solutions for regulated and lawful online gaming products. It is a sports and entertainment company that provides technology solutions for regulated and lawful online gaming products, including sports betting and casino games. The company's expertise lies in developing comprehensive iGaming platforms with a focus on sports and esports.
Key facts about FansUnite
- Founded Year: 2012
- Location: Vancouver (Canada)
- Stage: Public
- Total Funding till date: $35K
- Employee Count: 46 as on Dec 31, 2024
- Investors: Konvoy Ventures, EKG Ventures and 4 Others
- Latest Funding Round: Post IPO, Jan 11, 2021, $*****
- Highlight: Public
Launch Ventures' Year-on-Year Investment Trends
Its most recent first time investment was in Pattern.Launch Ventures' Investments by Stage
Launch Ventures has made 1 investment in Seed stage with an average round size of $950K and 1 investment in Series B stage with an average round size of $35M.Launch Ventures' Investments by Sector
Launch Ventures has a diverse portfolio, with companies operating in the Consumer, Environment Tech, Food and Agriculture Tech and Sustainability Tech. Notably, it has invested in 23 Tech companies, 14 Consumer (B2C) companies, 14 Enterprise (B2B) companies and at least 12 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 1 |
Environment Tech | 1 |
Food and Agriculture Tech | 1 |
Sustainability Tech | 1 |
Note: We have considered here, only first round of investments
Launch Ventures' Investments by Geography
Launch Ventures has made most investments in Australia (1), followed by United States where it has made 1 investment.Launch Ventures' recent investments
Launch Ventures has not made any investment in 2026 so far.Here are the most recent investments by Launch Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 25, 2022 | United States | Series B | 1210 | [+6] | |
Apr 11, 2022 | Australia | Seed | 5123 |
IPOs and Publicly Listed companies in Launch Ventures' Portfolio
4 of Launch Ventures' portfolio companies have become public. Immersive Tech got listed on the Canadian Securities Exchange (CSE), in Sep 2021 at marketcap of $1.69M and Thinkific got listed on the OTC Markets (OTCMKTS).Here are Launch Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 08, 2021 | - | - | 8282 | |
Apr 25, 2021 | - | - | 3236 | |
May 05, 2020 | - | - | 7880 | |
Nov 06, 2015 | - | - | 2783 |
Acquired companies in Launch Ventures' Portfolio
8 companies from Launch Ventures' portfolio have been acquired. The most recent acquisition were Lighthouse Labs in Jan 2025 by Uvaro.Here are Launch Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 14, 2025 | - | - | 2783 | |
Aug 28, 2023 | - | - | 7226 | |
Nov 08, 2019 | - | - | 3953 | |
Dec 14, 2018 | - | - | 7120 | |
Nov 20, 2018 | - | - | 1201 |
Team profile of Launch Ventures
Launch Ventures has a team of 1 member located in Canada. Launch Ventures' team does not sit on the board of any company as of now.Co-investors of Launch Ventures
Over the past 4 years, 10 investors have co-invested in Launch Ventures's portfolio companies. This includes funds and angels.
- Invested before Launch Ventures: Valor Capital Group, Founders Fund and 3 others have invested in rounds before Launch Ventures. There is 1 company where Valor Capital Group has invested before Launch Ventures and 1 company where Founders Fund has invested before Launch Ventures.
- Top Co-investors of Launch Ventures: 5 investors entered a company along with Launch Ventures. These include investors like Conti Ventures (1 company).
Recent News related to Launch Ventures
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Krepling Raises $1M in Pre-Seed FundingFinSMEs•Nov 02, 2022•Krepling, Jason Calacanis, Launch Ventures, Brickyard and 1 other
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PatternAg Closes $35M Series B Financing RoundGenomeWeb•Aug 26, 2022•Pattern, Continental Grain Company, TPB, Valor Capital Group and 6 others
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Codiga Closes $2.1M Seed Funding RoundFinSMEs•Feb 24, 2022•Codiga, Draper Cygnus, Launch Ventures, The Syndicate
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Contact, a platform for creatives backed by Maisie Williams, raises $1.9M Seed led by Founders FundTechCrunch+•Aug 12, 2021•Contact, Founders Fund, Launch Ventures, Sweet Capital and 1 other
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Fluent Forever raises $4.9M for its language learning systemTechCrunch+•Dec 24, 2020•Fluent Forever, Stout Street Capital, Flight Ventures, The Syndicate and 8 others
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Trade Raises $9 Million to Transform The Nation's At-Home Coffee ExperiencePR Newswire•Sep 02, 2020•Trade, Madrona, JAB Holding Company, Launch Ventures
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Density, a startup that monitors headcount indoors, raises $51 millionFortune•Jul 28, 2020•Density, Kleiner Perkins, 01 Advisors, Upfront Ventures and 8 others
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