About Concrete Ventures
Concrete Ventures is a venture capital firm founded in 2016. It is primarily based out of Halifax, Canada. As of Aug 2025, Concrete Ventures has invested in 27 companies. It primarily invests in Seed 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 Tyten Overall, Concrete Ventures portfolio has seen 6 acquisitions including key companies like Troj Company, FastSpring and Commonplace. A lot of funds co-invest with Concrete Ventures, with names like New Brunswick Innovation Foundation sharing a substantial percentage of its portfolio. Concrete Ventures has team of 5 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
Concrete Ventures' List of Top Investments
Concrete Ventures has a portfolio of 27 companies. Their most notable investments are in NovaResp and Trophi.Their portfolio spans across Canada, United Kingdom and United States. They have invested in Enterprise Applications, High Tech, Consumer and 15 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Concrete Ventures:
1. Troj Company
Provider of a platform securing artificial intelligence models and applications. It offers tools to identify vulnerabilities and protect against threats. The platform helps ensure model behavior is predictable and reliable. It allows users to map models to security standards. The platform integrates into various environments.
Key facts about Troj Company
- Founded Year: 2019
- Location: Saint John (Canada)
- Stage: Acquired
- Total Funding till date: $11.4M
- Employee Count: 9 as on Jul 31, 2026
- Investors: Flybridge Capital Partners, Alteryx and 6 Others
- Latest Funding Round: Seed, Mar 25, 2024, $*****
- Highlight: Acquired
2. Measurabl
SaaS-driven sustainability data collection, management, and reporting for buildings. Provides ESG management software that collects data creates investment-grade sustainability reports and alerts users to improvement opportunities. The software collects utility, waste, water, and travel data, creates & e-files financial-grade reports on-demand, and analyzes sustainability KPIs to make improvements.
Key facts about Measurabl
- Founded Year: 2013
- Location: San Diego (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $180M
- Employee Count: 117 as on Jul 31, 2026
- Investors: Salesforce Ventures, Broadscale Group and 29 Others
- Latest Funding Round: Series D, Jun 26, 2025, $*****
- Highlight: Editors' Pick
3. Spellbook
Platform offering AI based contract drafting and review software. It leverages GPT to draft and review the contracts. The platform suggests words and clauses that can be used in the contracts. It highlights the missing clauses and definitions. It provides legal document management solutions for corporations and law firms.
Key facts about Spellbook
- Founded Year: 2018
- Location: Toronto (Canada)
- Stage: Series B
- Total Funding till date: $84.8M
- Employee Count: 211 as on May 31, 2026
- Investors: Threshold, Bling Capital and 14 Others
- Latest Funding Round: Conventional Debt, Mar 04, 2026, $*****
- Highlight: Editors' Pick
4. FastSpring
Cloud based platform offering subscription management and tax collection solutions. Its features include payment gateways, merchandising, and fulfillment, and sales management. accounting, reporting, analytics, and more. It also offers solutions for tax compliance, audits, revenue management, and more.
Key facts about FastSpring
- Founded Year: 2005
- Location: Santa Barbara (United States)
- Stage: Acquired
- Employee Count: 190 as on Jul 31, 2026
- Investors: LLR Partners, Ticonderoga Capital and 14 Others
- Latest Funding Round: Series A, May 06, 2026, $*****
- Highlight: Acquired
5. Commonplace
Online civic engagement platform for community development. It assists city councils, city administrators, property developers, and community people in understanding each other's demands, lowering risk and property development costs for agencies and developers. It enables people of the community to express their thoughts about specific sites in their neighbourhood. It is a platform for citizen participation that assists communities in engaging with more people in order to collect ideas for development of city.
Key facts about Commonplace
Concrete Ventures' Year-on-Year Investment Trends
Concrete Ventures has invested in 27 companies over the last 7 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 3 investments. Its most recent first time investment was in Tyten and most recent follow-on round was in 3D BioFibR.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 2 | 3 |
2024 | 1 | 2 | 3 |
2023 | 4 | 1 | 5 |
2022 | 1 | 1 | 2 |
2021 | 3 | 3 | 6 |
2020 | 2 | 2 | 4 |
2019 | 4 | 0 | 4 |
Concrete Ventures' Investments by Stage
Concrete Ventures has made 13 investments in Seed stage with an average round size of $911K, 2 investments in Series A stage with an average round size of $8.73M and 1 investment in Series D stage with an average round size of $93M.Stage of entry | No. of Investments |
|---|---|
Seed | 13 |
Series A | 2 |
Series D | 1 |
Note: We have considered here, only first round of investments
Concrete Ventures' Investments by Sector
Concrete Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, High Tech, Enterprise Infrastructure and HealthTech. Notably, it has invested in 24 Tech companies, 22 Enterprise (B2B) companies, 19 Software companies and at least 13 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 12 |
Vertical SaaS | 4 |
High Tech | 3 |
Enterprise Infrastructure | 2 |
HealthTech | 2 |
Others | 11 |
Note: We have considered here, only first round of investments
Concrete Ventures' Investments by Geography
Concrete Ventures has made most investments in Canada (13), followed by United Kingdom where it has made 2 investments.Country | No. of Investments |
|---|---|
Canada | 13 |
United Kingdom | 2 |
United States | 1 |
Note: We have considered here, only first round of investments
Concrete Ventures' recent investments
Concrete Ventures has not made any investment in 2026 so far.Here are the most recent investments by Concrete Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 04, 2025 | United Kingdom | Seed | 8773 | [+1] | |
Jun 04, 2025 | Canada | Seed | 7269 | [+2] | |
Apr 09, 2025 | Canada | Seed | 3574 | [+7] | |
Jul 02, 2024 | Canada | Seed | 2969 | ||
May 14, 2024 | Canada | Seed | 5021 | [+1] |
Acquired companies in Concrete Ventures' Portfolio
6 companies from Concrete Ventures' portfolio have been acquired. The most recent acquisition was Troj Company in Jun 2026 by A10 Networks for $*****.Here are Concrete Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 15, 2026 | 2021 | Seed | 8551 | |
Jan 22, 2025 | Jun 15, 2023 | Series A | 3540 | |
Jan 25, 2022 | - | - | 5316 | |
Jul 19, 2021 | - | - | 2811 | |
Nov 19, 2020 | May 13, 2019 | Seed | 8370 |
Team profile of Concrete Ventures
Concrete Ventures has a team of 5 members including 3 Partners located in Canada. Concrete Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Concrete Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Halifax | - | ||
Partner | Halifax | - | ||
Partner | Halifax Regional Municipality | - |
Co-investors of Concrete Ventures
Over the past 7 years, 86 investors have co-invested in Concrete Ventures's portfolio companies. This includes funds and angels.
- Invested before Concrete Ventures: Techstars, Energy Impact Partners and 23 others have invested in rounds before Concrete Ventures. There are 2 companies where Techstars has invested before Concrete Ventures and 1 company where Energy Impact Partners has invested before Concrete Ventures.
- Top Co-investors of Concrete Ventures: 34 investors entered a company along with Concrete Ventures. These include investors like New Brunswick Innovation Foundation (3 companies).
- Invested after Concrete Ventures: A total of 27 investors have invested in Concrete Ventures's portfolio after their investments. Top Investors include Build Ventures (3 companies), Globalive Capital (2 companies) and Flying Fish Ventures (1 company).
Recent News related to Concrete Ventures
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UK startup Tyten secures €856k funding to revolutionize facilities management processes.Startup Rise EU•Nov 28, 2025•Antler, Fuel Ventures, , Tyten and 1 other
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Expanding AI-powered automation for the global FM sectorBuild in Digital•Nov 27, 2025•Concrete Ventures, Fuel Ventures, Tyten
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Fintech startup PayTic raised $4 M investment from AfricInvestIncubees•Apr 16, 2025•PayTic, Build Ventures, Axian, Mistral AI and 5 others
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3D BioFibR Raises $3.52M to Bring its Premium Collagen Fiber Products to MarketFinancial Post•Jul 20, 2023•3D BioFibR, Nova Scotia, Build Ventures, Concrete Ventures and 2 others
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Measurabl Raises $93M in Series D FundingFinSMEs•May 31, 2023•Measurabl, Energy Impact Partners, Sway Ventures, Moderne Ventures and 11 others
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Spellbook Raises $10.9M in FundingFinSMEs•May 25, 2023•Spellbook, Moxxie Ventures, Thomson Reuters Ventures, Inovia Capital and 5 others
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Dutch-based LegionellaDossier bags €4M to prevent spread of legionellaSilicon Canals•Oct 25, 2022•LegionellaDossier, Newion, Volta Ventures, Concrete Ventures
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