About Northleaf
Northleaf is a private equity firm founded in 2009. It is primarily based in Toronto, Canada. As of Jun 2026, Northleaf is an active investor with a portfolio of 93 companies, comprising 93 funding rounds and 13 acquisitions. In the last 12 months, it has participated in 1 funding round and has made 1 acquisition. The firm primarily invests in companies based in United States and Canada. Its portfolio is spread across a wide range of sectors from Enterprise Applications to FinTech. Its latest investment was a $***** Series D round in Neo Financial on Feb 03, 2026 which also saw participation from AIMCo, Caldwell Growth Opportunities and other investors.
Overall Northleaf portfolio has seen 3 unicorns, 9 IPOs and 48 acquisitions including key companies like Shopify, Lenskart and ecobee. A lot of funds co-invest with Northleaf, with names like Teralys Capital sharing a substantial percentage of its portfolio.
Northleaf has a team of 165 people, including 50 partners.
Key Metrics
Northleaf's Portfolio
Northleaf has a portfolio of 93 companies. They have invested in a total of 93 companies. Their most recent investment was in Neo Financial (Series D round) on Feb 03, 2026. Here are the most recent investments by Northleaf:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Feb 03, 2026 | Series D | 8395 | ||
May 07, 2024 | Series C | 6354 | ||
Feb 15, 2024 | Conventional Debt | 5666 | - | |
Aug 10, 2023 | Series D | 3976 | - |
Northleaf has acquired 13 companies. Their most recent acquisition was of WASH on Jul 15, 2025. Here are the most recent acquisitions by Northleaf:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Jul 15, 2025 | Provider of laundry services | - | 1947 | |
Oct 02, 2024 | Manufacturer of hockey equipment and apparel | - | 1991 | |
Oct 12, 2023 | Network of electric vehicle charging stations for enterprise clients | - | 2020 | |
Aug 02, 2023 | Provider of energy management and metering solutions for multi-residential buildings. It offers energy management systems, automation support, and metering services for both new and existing structures. Services also include energy retrofits and consulting for LEED certification and energy modeling. The company provides turnkey solutions encompassing lighting upgrades, variable frequency drives, and boiler retrofits. Its expertise extends to carbon monoxide monitoring and control. | - | 1985 |
Here is the portfolio snapshot of Northleaf:
Investments by Year
The maximum number of investments were made in 2018
Acquisitions by Year
The maximum number of acquisitions were made in 2023
Portfolio by Location
Companies are primarily in United States and Canada
Portfolio by Sector
Companies are primarily in Enterprise Applications
Team profile of Northleaf
Northleaf has a team of 165 members including 50 Partners, 1 Venture Partner and 36 Principals located in Canada, United States and 3 more locations. Northleaf's team does not sit on the board of any company as of now.Here is a list of top team members in Northleaf:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | ||
Partner | Toronto | - | ||
Partner | Toronto | - | ||
Partner | London | - | ||
Partner | Toronto | - | ||
Partner | New York City | - | ||
Partner | Toronto | - | ||
Partner | Toronto | - | ||
Partner | Los Angeles | - | ||
Partner | Toronto | - | ||
Partner | London | - |
Co-investors of Northleaf
Over the past 17 years, 62 investors have co-invested in Northleaf's portfolio companies.
- Top Co-investors of Northleaf: 62 investors entered a company along with Northleaf. These include investors like Teralys Capital (3 companies).
Northleaf News
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Igneo Acquires 7 U.S. Data Centers, Plans to Expand PlatformConnect Media•Feb 07, 2026•CVC DIF, Igneo Infrastructure Partners, Northleaf, Landmark Dividend and 1 other
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Calgary’s Neo Financial just raised a pile of money from big investors. Now, it's about to growCalgary Herald•Feb 04, 2026•AIMCo, Neo Financial, Northleaf
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Canada Pension Plan Investment Board invests $750 million in Northleaf Capital PartnersBNN Bloomberg•Jan 15, 2026•CPP Investments, Northleaf
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Northleaf Acquires PowerStream Energy Services via Provident Energy ManagementFinancial Post•Oct 07, 2025•Provident, Alectra, Northleaf, Powerstream Energy
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Novacap Financial Services Completes its First Continuation VehicleFinancial Post•Sep 03, 2025•Northleaf, Novacap, Revau, Export Development Canada
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Spark confirms move to sell data centre stakeMobileWorldLive•Aug 11, 2025•Northleaf, Pacific Equity Partners, Spark
