About Brightspark Ventures
Brightspark Ventures is a venture capital firm founded in 1999. It is primarily based out of Montreal, Canada. As of Jun 2026, Brightspark Ventures is an active investor, having invested in 52 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in Canada based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Seed round of Pricepoint Overall, Brightspark Ventures portfolio has seen 1 unicorn and 18 acquisitions including key companies like Hopper, Brickeye and Nudge. A lot of funds co-invest with Brightspark Ventures, with names like BDC sharing a substantial percentage of its portfolio. Brightspark Ventures has team of 13 people including 11 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Brightspark Ventures' List of Top Investments
Brightspark Ventures has a portfolio of 52 companies, one of which is a Unicorn. Their most notable investments are in Elevate Farm and Pricepoint.Their portfolio spans across Canada, United States and China. They have invested in Enterprise Applications, High Tech, Consumer and 19 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Brightspark Ventures:1. Hopper
AI-powered travel booking and price prediction. It uses artificial intelligence algorithms to collect, organize, and analyze travel data, generating predictive models that identify the best times to book flights and hotels. Users can search for and book multiple categories of travel services, track fare changes, and receive notifications about price drops.
Key facts about Hopper
- Founded Year: 2007
- Location: Montreal (Canada)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $740M
- Employee Count: 1,066 as on Sep 30, 2026
- Investors: Atlas Venture, Goldman Sachs and 22 Others
- Latest Funding Round: Series G, Nov 07, 2022, $*****
- Highlight: Editors' Pick
2. Vetster
Online video consultation platform to manage pets health. The platform connects pet parents to veterinary professionals for video, chat, and phone-enabled appointments. It also provides information of pet health records, chronic disease management, and more.
Key facts about Vetster
- Founded Year: 2020
- Location: Toronto (Canada)
- Stage: Series B
- Total Funding till date: $40.2M
- Employee Count: 134 as on Sep 30, 2026
- Investors: Whitecap Venture Partners, Brightspark Ventures and 8 Others
- Latest Funding Round: Series B, Apr 19, 2022, $*****
- Highlight: Editors' Pick
3. Deep Sky
Developer of infrastructure for carbon dioxide removal and geologic storage. The company builds, owns, and operates facilities to remove emissions. It secures resources, including land, power, government support, and geologic storage. The company deploys multiple direct air capture technologies. It offers carbon removal credits validated and issued on carbon registries.
Key facts about Deep Sky
- Founded Year: 2022
- Location: Montreal (Canada)
- Stage: Series A
- Total Funding till date: $64.8M
- Employee Count: 69 as on Aug 31, 2026
- Investors: National Bank of Canada, BMO and 9 Others
- Latest Funding Round: Grant (prize money), Dec 18, 2024, $*****
- Highlight: Editors' Pick
4. Potloc
Provider of software solutions for community businesses and citizens It provides a platform for citizens as brands or retailers to start a ship in their neighbourhood. The platform aggregates support for retailers or brands from members. It helps real estate companies to do market research for project development in tandem with brands or retailers.
Key facts about Potloc
- Founded Year: 2014
- Location: Montreal (Canada)
- Stage: Series B
- Total Funding till date: $75.6M
- Employee Count: 149 as on Jun 30, 2026
- Investors: First Ascent Ventures, Brightspark Ventures and 10 Others
- Latest Funding Round: Series B, Jun 21, 2022, $*****
- Highlight: Editors' Pick
5. Brickeye
Provider of construction risk mitigation platform integrating IoT and data analytics. The platform offers real-time monitoring, alerts, and analytics for construction projects. It focuses on mitigating water damage, monitoring concrete, and managing environmental risks. The platform serves general contractors, owners, developers, and insurance providers with risk mitigation solutions.
Key facts about Brickeye
- Founded Year: 2013
- Location: Toronto (Canada)
- Stage: Acquired
- Total Funding till date: $20M
- Employee Count: 46 as on Aug 31, 2026
- Investors: MaRS Discovery District, Export Development Canada and 7 Others
- Latest Funding Round: Series B, Jan 20, 2026, $*****
- Highlight: Acquired
Brightspark Ventures' Year-on-Year Investment Trends
Brightspark Ventures has invested in 52 companies over the last 26 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 6 investments, while as of Jun 2026, it has made 3 investments in this year. Its most recent first time investment was in Pricepoint and most recent follow-on round was in Coral.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 2 | 3 |
2025 | 5 | 1 | 6 |
2024 | 1 | 2 | 3 |
2023 | 2 | 3 | 5 |
2022 | 1 | 3 | 4 |
2021 | 4 | 4 | 8 |
2020 | 4 | 1 | 5 |
2019 | 1 | 2 | 3 |
2018 | 0 | 1 | 1 |
2017 | 4 | 1 | 5 |
Brightspark Ventures' Investments by Stage
Brightspark Ventures has made 21 investments in Seed stage with an average round size of $3.43M, 15 investments in Series A stage with an average round size of $6.86M, 1 investment in Conventional Debt stage, 1 investment in Series B stage with an average round size of $8.5M and 1 investment in Series E stage with an average round size of $25M.Stage of entry | No. of Investments |
|---|---|
Seed | 21 |
Series A | 15 |
Conventional Debt | 1 |
Series B | 1 |
Series E | 1 |
Note: We have considered here, only first round of investments
Brightspark Ventures' Investments by Sector
Brightspark Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Retail, Consumer and Enterprise Infrastructure. Notably, it has invested in 42 Tech companies, 37 Enterprise (B2B) companies, 24 Software companies and at least 16 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 19 |
High Tech | 7 |
Retail | 5 |
Consumer | 4 |
Enterprise Infrastructure | 4 |
Others | 37 |
Note: We have considered here, only first round of investments
Brightspark Ventures' Investments by Geography
Brightspark Ventures has made most investments in Canada (35), followed by United States where it has made 3 investments.Country | No. of Investments |
|---|---|
Canada | 35 |
United States | 3 |
China | 1 |
Note: We have considered here, only first round of investments
Brightspark Ventures' recent investments
Brightspark Ventures has made 3 investments in 2026 so far. Pricepoint and Coral are the latest among them.Here are the most recent investments by Brightspark Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 05, 2026 | Canada | Seed | 3829 | [+1] | |
Mar 31, 2026 | Canada | Seed | 5590 | [+3] | |
Jan 20, 2026 | Canada | Series B | 3894 | [+3] | |
Oct 08, 2025 | Canada | Seed | 3033 | [+2] | |
Sep 22, 2025 | Canada | Seed | 7152 | [+5] |
Unicorns in Brightspark Ventures' Portfolio
Brightspark Ventures has 1 unicorn in its portfolio - Hopper. The most recent unicorn in their portfolio is Hopper which became a unicorn in 2021, 12 years after Brightspark Ventures first invested in it.Here is a list of unicorns in Brightspark Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
75 | AI-powered travel booking and price prediction | 2007 | Montreal | Series G | dhtvpmt |
Acquired companies in Brightspark Ventures' Portfolio
18 companies from Brightspark Ventures' portfolio have been acquired. The most recent acquisition was Wysdom in Jan 2024 by Calabrio for $*****.Here are Brightspark Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 09, 2024 | Oct 03, 2017 | Series B | 6382 | |
May 12, 2023 | Sep 05, 2017 | Seed | 3974 | |
May 08, 2023 | - | - | 4479 | |
Jun 27, 2022 | Sep 19, 2000 | Series A | 9232 | |
Jun 22, 2022 | 2016 | Seed | 4666 |
Team profile of Brightspark Ventures
Brightspark Ventures has a team of 13 members including 11 Partners and 1 Principal located in Canada and Quebec. Brightspark Ventures' team sits on the board of 5 companies.Here is a list of top team members in Brightspark Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Vancouver | |||
Partner | Toronto | |||
Partner | Montreal | |||
Partner | Montreal | |||
Partner | Toronto | - | ||
Partner | Toronto | - | - | |
Partner | Montreal | - | ||
Partner | Montreal | - | ||
Partner | Quebec | - | ||
Partner | - | - | ||
Partner | - | - |
Co-investors of Brightspark Ventures
Over the past 26 years, 168 investors have co-invested in Brightspark Ventures's portfolio companies. This includes funds and angels.
- Invested before Brightspark Ventures: MaRS IAF, Caphorn and 31 others have invested in rounds before Brightspark Ventures. There are 3 companies where MaRS IAF has invested before Brightspark Ventures and 1 company where Caphorn has invested before Brightspark Ventures.
- Top Co-investors of Brightspark Ventures: 73 investors entered a company along with Brightspark Ventures. These include investors like BDC (5 companies).
- Invested after Brightspark Ventures: A total of 62 investors have invested in Brightspark Ventures's portfolio after their investments. Top Investors include BDC (4 companies), Invest Quebec (2 companies) and OMERS (2 companies).
Recent News related to Brightspark Ventures
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Pricepoint Raises $6.6M Seed Funding Led by Brightspark VenturesThe SaaS News•Jun 09, 2026•Pricepoint, Brightspark Ventures, Boreal Ventures, AQC Capital
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Coral Raises Additional $4M CAD in FundingFinSMEs•Mar 31, 2026•Coral, AQC Capital, The51, Anges Quebec and 2 others
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Brickeye Raises $10M Series B FundingFinSMEs•Jan 20, 2026•Beauchampco, GreenSky, Graphite Ventures, Brickeye and 2 others
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Enurgen Raises $4.1M USD in Seed FundingFinSMEs•Oct 08, 2025•Enurgen, BDC, MaRS IAF, Brightspark Ventures and 1 other
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Mycroft launches with $3.5M to bring agentic AI to security and complianceSiliconAngle•Sep 22, 2025•superwhisper, Los Angeles Unified School District, Wisedocs, US Department of Labor and 11 others
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ShopVision Raises $4.1M in Seed FundingFinSMEs•Sep 18, 2025•Rhino Ventures, Brightspark Ventures, Shopvision, BDC Capital
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Jozu Raises $4 Million Seed Round to Scale Enterprise AI Orchestration Platformintelligence360•May 26, 2025•Jozu, Half Court Ventures, Mozilla Ventures, Brightspark Ventures and 2 others
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Jozu Raises $4M in Seed FundingFinSMEs•May 08, 2025•Jozu, Half Court Ventures, Mozilla Ventures, Brightspark Ventures and 3 others
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Coral Raises $4.1M for Perimenopause & Menopause CareAthletech News•Feb 19, 2025•Coral, Brightspark Ventures, The51
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Coral Raises $4.1M in Seed FundingFinSMEs•Feb 11, 2025•Coral, Brightspark Ventures, Diagram Ventures, The51
