About Freycinet Ventures
Freycinet Ventures is a venture capital firm founded in 2013. It is primarily based out of Toronto, Canada. As of Mar 2023, Freycinet Ventures has invested in 19 companies. 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 Food and Agriculture Tech and Retail. Most recently it participated in the $***** Seed round of Vivid Machines Overall, Freycinet Ventures portfolio has seen 2 acquisitions, namely Train with Push and Canopy Labs. A lot of funds co-invest with Freycinet Ventures, with names like BDC sharing a substantial percentage of its portfolio. Freycinet Ventures has team of 3 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A & Seed
Portfolio Acquisitions
Portfolio Soonicorns
Freycinet Ventures' List of Top Investments
Freycinet Ventures has a portfolio of 19 companies. Their most notable investmentis in PartnerStackTheir portfolio spans across Canada and United States. They have invested in Enterprise Applications, Food and Agriculture Tech, Retail and 11 other sectors, across stages such as Series A, Seed stages. Here is the list of top investments by Freycinet 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: 134 as on Dec 31, 2024
- Investors: iA Financial Group, Lionfish Capital and 27 Others
- Latest Funding Round: Series B, Feb 22, 2021, $*****
- Highlight: Editors' Pick
2. Hashtag Paid
Platform offering influencer marketing and collaboration software. The platform offers software that lets brands and influencers collaborate. Once a brand finds an influencer, it sends a collaboration request that includes a campaign brief along with the deliverables required. If the influencer accepts, a chat will open and the brand and influencer can begin collaborating in real time. Influencers can only post the content after the brand approves it.
Key facts about Hashtag Paid
- Founded Year: 2013
- Location: Toronto (Canada)
- Stage: Series B
- Total Funding till date: $22M
- Employee Count: 124 as on Dec 31, 2024
- Investors: MaRS Discovery District, Sands Capital and 20 Others
- Latest Funding Round: Series B, Aug 26, 2021, $*****
- Highlight: Editors' Pick
3. PartnerStack
Platform offering affiliate based marketing solutions. The platform allows brands to scale partners, resellers and marketing campaigns and performances and manage the partnership with various brands and channels. It allows members to track partner links, leads, and deals, create partner groups with unique reward structures and content and automate partner payouts.
Key facts about PartnerStack
- Founded Year: 2015
- Location: Toronto (Canada)
- Stage: Series B
- Total Funding till date: $38.2M
- Employee Count: 240 as on Dec 31, 2024
- Investors: MaRS Discovery District, 3L Capital and 10 Others
- Latest Funding Round: Series B, May 26, 2021, $*****
- Highlight: Editors' Pick
4. eleven-x
Eleven-x develops software for wireless telecommunications solutions for IoT. It has developed solutions for Low Power Wide Area Network (LPWAN), Long Range (LoRa) wireless communications network, and SIGFOX. Some of its partners include Altair, Clearpath, Telus, and others.
Key facts about eleven-x
- Founded Year: 2014
- Location: Waterloo (Canada)
- Stage: Seed
- Total Funding till date: $530K
- Employee Count: 34 as on Jul 01, 2024
- Investors: Freycinet Ventures, Good News Ventures and 2 Others
- Latest Funding Round: Seed, May 06, 2020, $*****
- Highlight: Editors' Pick
Developer of the armband for analyzing the athlete performance. It is a platform focused on fitness training, offering resources, programs, or tools for individuals. It enables users to analyze the training session. It also allows users to track the performance of athletes and measure the condition.
Key facts about Train with Push
- Founded Year: 2013
- Location: Toronto (Canada)
- Stage: Acquired
- Employee Count: 10 as on Jul 01, 2024
- Investors: San Francisco 49ers, The DMZ and 5 Others
- Latest Funding Round: Seed, Dec 11, 2018, $*****
- Highlight: Acquired
Freycinet Ventures' Year-on-Year Investment Trends
Freycinet Ventures has invested in 19 companies over the last 12 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Vivid Machines.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 2 | 0 | 2 |
2018 | 1 | 0 | 1 |
Freycinet Ventures' Investments by Stage
Freycinet Ventures has made 4 investments in Series A stage with an average round size of $5.21M and 3 investments in Seed stage with an average round size of $3.35M.Stage of entry | No. of Investments |
|---|---|
Series A | 4 |
Seed | 3 |
Note: We have considered here, only first round of investments
Freycinet Ventures' Investments by Sector
Freycinet Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Environment Tech, FinTech and Food and Agriculture Tech. Notably, it has invested in 18 Tech companies, 13 Enterprise (B2B) companies, 11 Software companies and at least 7 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
Consumer | 2 |
Environment Tech | 1 |
FinTech | 1 |
Food and Agriculture Tech | 1 |
Others | 6 |
Note: We have considered here, only first round of investments
Freycinet Ventures' Investments by Geography
Freycinet Ventures has made most investments in Canada (7).Freycinet Ventures' recent investments
Freycinet Ventures has not made any investment in 2026 so far.Here are the most recent investments by Freycinet Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 13, 2023 | Canada | Seed | 7066 | [+10] | |
2019 | Canada | Series A | 6877 | [+1] | |
Feb 19, 2019 | Canada | Series A | 9412 | [+4] | |
May 09, 2018 | Canada | Series A | 2857 | [+2] | |
Feb 23, 2016 | Canada | Series A | 1447 | [+3] |
Acquired companies in Freycinet Ventures' Portfolio
2 companies from Freycinet Ventures' portfolio have been acquired. The most recent acquisition was Train with Push in Sep 2021 by Whoop for $*****.Here are Freycinet Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 02, 2021 | - | - | 9525 | |
Nov 15, 2018 | - | - | 9371 |
Team profile of Freycinet Ventures
Freycinet Ventures has a team of 3 members including 2 Partners and 1 Principal located in Canada. Freycinet Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Freycinet Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Toronto | - | - | |
Partner | - | - | - | |
Principal | - | - | - |
Co-investors of Freycinet Ventures
Over the past 12 years, 68 investors have co-invested in Freycinet Ventures's portfolio companies. This includes funds and angels.
- Invested before Freycinet Ventures: Equitable Bank, John Bitove and 10 others have invested in rounds before Freycinet Ventures. There is 1 company where Equitable Bank has invested before Freycinet Ventures and 1 company where John Bitove has invested before Freycinet Ventures.
- Top Co-investors of Freycinet Ventures: 24 investors entered a company along with Freycinet Ventures. These include investors like BDC (2 companies).
- Invested after Freycinet Ventures: A total of 32 investors have invested in Freycinet Ventures's portfolio after their investments. Top Investors include BDC (2 companies), Clocktower Ventures (1 company) and Argo Ventures (1 company).
Recent News related to Freycinet Ventures
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Mosaic raises $28 million CAD to accelerate its growth strategy in AMVoxelMatters•Sep 18, 2024•The Mosaic Company, Idealist Capital, Mosaic Manufacturing, Freycinet Ventures and 2 others
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Vivid Machines Closes $4.3M USD Seed Round Funding to Expand End-to-End Computer Vision Services for Fruit Supply ChainBusiness Wire•Apr 20, 2023•Vivid Machines, BDC, StandUp Ventures, Algoma Orchards and 10 others
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Sampler Announces Round of $3 Million FinancingBusiness Wire•Feb 19, 2019•Sampler, BDC, Shipfusion, Factory and 3 others
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#paid raises $9 million Series A to help you find influencers with AIBetaKit•May 15, 2018•Hashtag Paid, ScaleUP Ventures, Aitken Investment Management, Freycinet Ventures and 1 other
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