About Fastbreak Ventures
Fastbreak Ventures is a venture capital firm founded in 2008. It is primarily based out of Toronto, Canada. As of May 2021, Fastbreak Ventures has invested in 16 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 Retail. Most recently it participated in the $***** Seed round of BuyProperly Overall, Fastbreak Ventures portfolio has seen 2 acquisitions, namely LevelJump and Summatti. A lot of funds co-invest with Fastbreak Ventures, with names like Nurture Ventures sharing a substantial percentage of its portfolio. Fastbreak Ventures has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Fastbreak Ventures' List of Top Investments
Fastbreak Ventures has a portfolio of 16 companies. Their most notable investments include Borrowell and Flybits.Their portfolio spans across Canada and United States. They have invested in Enterprise Applications, High Tech, Retail and 13 other sectors, across stages such as Seed stage. Here is the list of top investments by Fastbreak Ventures:
1. Borrowell
Provider of a credit monitoring and financial products comparison platform. It provides users with a platform where users have to register on the platform for access to credit reports. It offers personalized product recommendations and credit improvement tips based on the credit report. Allows users to compare credit cards, personal loans, mortgages, bank accounts, home and auto insurance and investment products.
Key facts about Borrowell
- Founded Year: 2014
- Location: Toronto (Canada)
- Stage: Series B
- Total Funding till date: $53.6M
- Employee Count: 119 as on Mar 31, 2026
- Investors: National Bank of Canada, iA Financial Group and 28 Others
- Latest Funding Round: Series B, Feb 22, 2021, $*****
- Highlight: Editors' Pick
2. Flybits
Flybits is a banking channel for enterprises. It features Context-as-a-Service platform that enables banks and other enterprises to create and deliver context-aware mobile applications. It features tools for creating personalized mobile experiences on top of traditional app development and simple location-based services. It supports the iOS and Android devices and helps in scaling to handle the data sources of the emerging internet-of-things.
Key facts about Flybits
- Founded Year: 2013
- Location: Toronto (Canada)
- Stage: Series C
- Total Funding till date: $50M
- Employee Count: 65 as on Feb 28, 2026
- Investors: Vodafone, Information Venture Partners and 17 Others
- Latest Funding Round: Series C, Jul 16, 2019, $*****
- Highlight: Editors' Pick
3. Figure 1
Provider of medical educational platform for professionals. The company offers a platform for doctors and the medical community at large can share photos and information about rare and difficult-to-diagnose cases. The features include image descriptions of existing images in the database so users can search for diagnoses. They also provide face detection software that finds any potential identifying features and more.
Key facts about Figure 1
- Founded Year: 2013
- Location: Toronto (Canada)
- Stage: Series B
- Total Funding till date: $20.9M
- Employee Count: 86 as on Dec 31, 2024
- Investors: Allen & Company, Lionfish Capital and 18 Others
- Latest Funding Round: Series B, Jun 13, 2017, $*****
- Highlight: Editors' Pick
4. M io
Cloud-based chatbot development solution provider. It allows users to chat, share files, information, documents, and ideas with each other, create groups, manage contact lists and share business cards and email signatures. It enables users to accept or reject incoming messages and can be integrated with third-party integrations such as Slack, Spark, and Stride.
Key facts about M io
- Founded Year: 2015
- Location: Austin (United States)
- Stage: Series A
- Total Funding till date: $26.5M
- Employee Count: 106 as on Apr 16, 2025
- Investors: Eniac Ventures, Catapult and 10 Others
- Latest Funding Round: Series A, Dec 09, 2021, $*****
- Highlight: Editors' Pick
5. Sampler
Provider of SaaS-based retail sampling solutions. It helps suppliers, agencies and retailers to create, promote and analyze a digital product sampling or couponing program. Offered features include product cataloguing, audience targeting, logistics and fulfilment, analytics and reports, remarketing, and more. Some of its clients include The Body Shop, Manitoba Harvest, Weleda, Living Proof and Enjoy Life.
Key facts about Sampler
- Founded Year: 2013
- Location: Toronto (Canada)
- Stage: Series A
- Total Funding till date: $11.1M
- Employee Count: 55 as on Jul 01, 2024
- Investors: Canadian Imperial Bank of Commerce, MaRS Discovery District and 25 Others
- Latest Funding Round: Conventional Debt, Feb 01, 2024, $*****
- Highlight: Editors' Pick
Fastbreak Ventures' Year-on-Year Investment Trends
Fastbreak Ventures has invested in 16 companies over the last 5 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in BuyProperly.Fastbreak Ventures' Investments by Stage
Fastbreak Ventures has made 1 investment in Seed stage with an average round size of $2M.Fastbreak Ventures' Investments by Sector
Fastbreak Ventures has a diverse portfolio, with companies operating in the FinTech and Real Estate and Construction Tech. Notably, it has invested in 15 Tech companies, 14 Software companies, 12 Enterprise (B2B) companies and at least 10 companies focusing on Saas.Fastbreak Ventures' Investments by Geography
Fastbreak Ventures has made most investments in Canada (1).Fastbreak Ventures' recent investments
Fastbreak Ventures has not made any investment in 2026 so far.Here are the most recent investments by Fastbreak Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 18, 2021 | Canada | Seed | 4576 | [+2] |
Acquired companies in Fastbreak Ventures' Portfolio
2 companies from Fastbreak Ventures' portfolio have been acquired. The most recent acquisition was Summatti in May 2023 by PartnerHero for $*****.Here are Fastbreak Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 04, 2023 | - | - | 9121 | |
Sep 24, 2021 | - | - | 1634 |
Team profile of Fastbreak Ventures
Fastbreak Ventures has a team of 2 members located in Canada. Fastbreak Ventures' team does not sit on the board of any company as of now.Co-investors of Fastbreak Ventures
Over the past 5 years, 3 investors have co-invested in Fastbreak Ventures's portfolio companies. This includes funds and angels.
- Top Co-investors of Fastbreak Ventures: 3 investors entered a company along with Fastbreak Ventures. These include investors like Nurture Ventures (1 company).
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