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 is an active investor, having invested in 27 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Canada based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and High Tech. Most recently it participated in the $***** Seed round of Tyten Overall, Concrete Ventures portfolio has seen 5 acquisitions including key companies like Commonplace, FastSpring and Proof. 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 Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
Deals in last 12 months
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, Retail, High Tech 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. 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: 160 as on Feb 28, 2026
- Investors: Threshold, Inovia Capital and 14 Others
- Latest Funding Round: Conventional Debt, Mar 04, 2026, $*****
- Highlight: Editors' Pick
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: 122 as on Mar 31, 2026
- Investors: Camber Creek, Broadscale Group and 29 Others
- Latest Funding Round: Series D, Jun 26, 2025, $*****
- Highlight: Editors' Pick
3. 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: Seed
- Total Funding till date: $11.4M
- Employee Count: 25 as on Jan 02, 2026
- Investors: Techstars, Concrete Ventures and 6 Others
- Latest Funding Round: Seed, Mar 25, 2024, $*****
- Highlight: Editors' Pick
4. 3D BioFibR
Provider of low-denier multifilament fibres from proteins. It provides users with a platform for manufacturing composites using bio-based materials. It also provides users with specializes in producing collagen fibres using its patented dry-spinning technology. Their fibres closely mimic the biomechanical and biochemical properties of natural collagen structures.
Key facts about 3D BioFibR
- Founded Year: 2020
- Location: Halifax (Canada)
- Stage: Seed
- Total Funding till date: $7.77M
- Employee Count: 13 as on Jul 01, 2024
- Investors: Globalive Capital, Concrete Ventures and 4 Others
- Latest Funding Round: Seed, Jun 04, 2025, $*****
- Highlight: Editors' Pick
5. PayTic
Provider of automated payment operations and compliance solutions for businesses. The business offers reconciliation automation, network fee management, and chargeback and dispute resolution. It also provides scheme regulatory reports. The business delivers tools to transform manual reconciliation into automated precision. The platform helps to optimize network fees and reduce costs.
Key facts about PayTic
- Founded Year: 2020
- Location: Charlottetown (Canada)
- Stage: Seed
- Total Funding till date: $6.69M
- Employee Count: 32 as on Jan 05, 2026
- Investors: Concrete Ventures, Mistral and 9 Others
- Latest Funding Round: Seed, Apr 09, 2025, $*****
- Highlight: Editors' Pick
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 | 1831 | [+1] | |
Jun 04, 2025 | Canada | Seed | 8026 | [+2] | |
Apr 09, 2025 | Canada | Seed | 9872 | [+7] | |
Jul 02, 2024 | Canada | Seed | 1541 | ||
May 14, 2024 | Canada | Seed | 1623 | [+1] |
Acquired companies in Concrete Ventures' Portfolio
5 companies from Concrete Ventures' portfolio have been acquired. The most recent acquisition were Commonplace in Jan 2025 by Zencity.Here are Concrete Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 22, 2025 | Jun 15, 2023 | Series A | 8471 | |
Jan 25, 2022 | - | - | 2278 | |
Jul 19, 2021 | - | - | 6239 | |
Nov 19, 2020 | May 13, 2019 | Seed | 1631 | |
Feb 14, 2018 | - | - | 1565 |
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, 85 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: 33 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 Thomson Reuters 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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