When was Thin Air Labs founded?

Thin Air Labs was founded in 2018.

Where is Thin Air Labs' headquarters located?

Thin Air Labs' headquarters is located in Calgary (Canada).

How big is Thin Air Labs' investment team?

Thin Air Labs has a team of 4, including 3 partners.

How many companies has Thin Air Labs invested in?

Thin Air Labs has invested in 9 companies, including Fluid Biomed & Arbor.

Which companies has Thin Air Labs invested in lately?

PayShepherd & Quickly are the latest investments by Thin Air Labs.

Thin Air Labs - 2026 Investor Profile, Portfolio, Team & Investment Trends

1. Fluid Biomed

Developer of medical device to treat brain aneurysms. The company has developed a hybrid polymer-metal flow-diverting stent to cure brain aneurysms. Also, its proprietary stent delivery system is used to navigate to bypass the aneurysm under angiographic guidance.

Key facts about Fluid Biomed

Founded Year: 2012
Location: Calgary (Canada)
Stage: Series A
Total Funding till date: $32.5M
Employee Count: 49 as on May 27, 2025
Investors: Amplitude, IAG Capital Partners and 13 Others
Latest Funding Round: Series A, Dec 16, 2024, $*****
Highlight: Editors' Pick

2. Arbor

Provider of cloud-based management information system software for educational institutions. The software suite streamlines tasks and joins up data across an entire school. It offers tools to improve trust management and sustainable growth. The system helps bring people, processes, and data together.

Key facts about Arbor

Founded Year: 2011
Location: London (United Kingdom)
Stage: Seed
Total Funding till date: $536K
Employee Count: 381 as on Aug 31, 2026
Investors: ViewPoint Capital Partners, Ananda Impact Ventures and 6 Others
Latest Funding Round: Seed, Jan 09, 2023, $*****

3. Orpyx

Wearable devices for neuropathy patients and athletes. It develops a sensor-based product, Orpyx SI, the sensory insoles with remote patient monitoring allows users to manage and prevent diabetic foot ulcers and limb loss through advanced foot sensor technology and real-time analytics. The insoles can fit above the shoe and capture pressure data from the user's feet. The pressure data is then wirelessly transmitted from the shoe inserts to a smartwatch. The smartwatch alerts the user at extreme pressure levels to modify their behaviour and avoid damage. The device can be used to track neuropathy and is FDA cleared. Other product lines include SurroSense Rx system, Orpyx LogR solution and SurroGai Rx system.

Key facts about Orpyx

Founded Year: 2010
Location: Calgary (Canada)
Stage: Series B
Total Funding till date: $38.5M
Employee Count: 73 as on Aug 31, 2026
Investors: Perceptive Advisors, Anges Quebec and 7 Others
Latest Funding Round: Series B, Sep 24, 2024, $*****
Highlight: Editors' Pick

4. Quickly

Invoicing and payment software to automate payments. Services include sending invoices to receive funds and approving invoices to make payments. Enables automating the cash flow and gets paid without any card involvement in payments.

Key facts about Quickly

Founded Year: 2021
Location: Calgary (Canada)
Stage: Seed
Total Funding till date: $7.33M
Employee Count: 20 as on Aug 31, 2026
Investors: ATB Financial, Plug and Play Tech Center and 3 Others
Latest Funding Round: Seed, Oct 10, 2023, $*****

5. PhenoTips

Cloud-based health record management platform for hospitals & industries. The company offers its tool Human Phenotype Ontology (HPO) for clinical symptoms and physical findings for genomic data analysis and helps in storing patient records. It also offers a pedigree solution for family history trees and phenotypic data for investigative precision and efficiency and collaborative research.

Key facts about PhenoTips

Founded Year: 2014
Location: Toronto (Canada)
Stage: Seed
Total Funding till date: $1.95M
Employee Count: 27 as on Sep 30, 2026
Investors: Ontario Centre of Innovation, GreenSky and 4 Others
Latest Funding Round: Seed, Sep 21, 2021, $*****
Highlight: Editors' Pick

View the full list of portfolio companies

Thin Air Labs has invested in 9 companies over the last 6 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Quickly and most recent follow-on round was in PayShepherd.

Here are Thin Air Labs' Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	0	0	0
2024	0	1	1
2023	2	1	3
2022	0	1	1
2021	5	0	5
2020	2	0	2

View all investments by Thin Air Labs

Thin Air Labs has made 7 investments in Seed stage with an average round size of $1.79M, 1 investment in Conventional Debt stage and 1 investment in Series A stage with an average round size of $5.6M.

Here are Thin Air Labs' investments by stage:

Stage of entry	No. of Investments
Seed	7
Conventional Debt	1
Series A	1

Note: We have considered here, only first round of investments

View all investments by Thin Air Labs

Thin Air Labs has a diverse portfolio, with companies operating in the Enterprise Applications, Life Sciences, FinTech, HealthTech and Vertical SaaS. Notably, it has invested in 8 Tech companies, 7 Enterprise (B2B) companies, 5 Software companies and at least 4 companies focusing on Tech hardware.

Here are Thin Air Labs' investments by sector:

Sector	No. of Investments
Enterprise Applications	4
Life Sciences	4
FinTech	2
HealthTech	2
Vertical SaaS	2
Others	4

Note: We have considered here, only first round of investments

View all investments by Thin Air Labs

Thin Air Labs has made most investments in Canada (8), followed by United Kingdom where it has made 1 investment.

Here are Thin Air Labs' investments by geography:

Country	No. of Investments
Canada	8
United Kingdom	1

Note: We have considered here, only first round of investments

View all investments by Thin Air Labs

Thin Air Labs has not made any investment in 2026 so far.

Here are the most recent investments by Thin Air Labs:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Mar 06, 2024	PayShepherd	Canada	Seed	5238	Inovia Capital [+2]
Oct 10, 2023	Quickly	Canada	Seed	3209	Plug and Play Tech Center [+1]
Oct 10, 2023	Quickly	Canada	Conventional Debt	2459	Plug and Play Tech Center [+1]
Feb 15, 2023	Clinify	Canada	Seed	5608	HaloHealth
Jun 07, 2022	PayShepherd	Canada	Seed	8604	Nashville Capital Network [+1]

See more recent investments made by Thin Air Labs

Thin Air Labs has a team of 4 members including 3 Partners and 1 Principal located in Canada. Thin Air Labs' team sits on the board of 1 company.

Here is a list of all team members in Thin Air Labs:

Name	Designation	Location	Board Memberships	Contact Details
James Lochrie	Partner	Canada	Athennian	1 Email
Rick Bird	Partner	Calgary	-	1 Email
Ania Sergeenko	Partner	Calgary	-	-
Ansh Dhawan	Principal	Calgary	-	-

View team details of Thin Air Labs

Over the past 6 years, 42 investors have co-invested in Thin Air Labs's portfolio companies. This includes funds and angels.

Top Co-investors of Thin Air Labs: 35 investors entered a company along with Thin Air Labs. These include investors like Bluesky Equities (2 companies).
Invested after Thin Air Labs: A total of 7 investors have invested in Thin Air Labs's portfolio after their investments. Top Investors include Amplitude (1 company) and IAG Capital Partners (1 company).