About Front Row Ventures
Front Row Ventures is a venture capital firm founded in 2016. It is primarily based out of Montreal, Canada. As of Jul 2025, Front Row Ventures is an active investor, having invested in 29 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 EdTech and High Tech. Most recently it participated in the $***** Seed round of Asepha Overall, Front Row Ventures portfolio has seen 4 acquisitions, namely 1Mentor, Valence Labs and LSK Technologies. A lot of funds co-invest with Front Row Ventures, with names like Glasswing Ventures sharing a substantial percentage of its portfolio. Front Row Ventures has team of 96 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed
Portfolio Acquisitions
Portfolio Soonicorns
Front Row Ventures' List of Top Investments
Front Row Ventures has a portfolio of 29 companies. Their most notable investments are in AWL-Electricity and Simmunome.Their portfolio spans across Canada and Uganda. They have invested in Enterprise Applications, EdTech, High Tech and 20 other sectors, across stages such as Seed stage. Here is the list of top investments by Front Row Ventures:1. Nomic
Provider of next-generation proteomics platform for drug discovery and protein analysis. The company has developed the nELISA, a next-generation ELISA platform by using DNA nanotechnology for measuring proteins and applicable for a wide variety of use cases within drug and biomarker development workflows.
Key facts about Nomic
- Founded Year: 2017
- Location: Montreal (Canada)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $63M
- Employee Count: 26 as on Jul 01, 2024
- Investors: Lux Capital, Casdin Capital and 13 Others
- Latest Funding Round: Series B, Sep 17, 2024, $*****
- Highlight: Editors' Pick
Developer of hybrid rocket propulsion and green monopropellant propulsion systems. The company designs hybrid rockets for satellite launch, offering precision targeting. It also provides green propulsion systems for in-space satellite mobility. These propulsion systems are designed for satellite maneuvers requiring adaptability and reliability.
Key facts about Reaction Dynamics
- Founded Year: 2017
- Location: Longueuil (Canada)
- Stage: Series A
- Total Funding till date: $10.3M
- Employee Count: 22 as on Jul 01, 2024
- Investors: Canadian Space Agency, Quebec and 1 Other
- Latest Funding Round: Series A, Jun 18, 2025, $*****
3. Korbit
Platform providing AI powered code review solutions. The solutions integrates with control systems such as GitHub and Bitbucket. Its technology flags high-impact issues, explains how to fix them, and facilitates collaborative code reviews.
Key facts about Korbit
- Founded Year: 2017
- Location: Montreal (Canada)
- Stage: Deadpooled
- Total Funding till date: $10.3M
- Employee Count: 11 as on Jan 31, 2026
- Investors: Khosla Ventures, Real Ventures and 8 Others
- Latest Funding Round: Series A, May 31, 2023, $*****
- Highlight: Editors' Pick
4. Asepha
Provider of AI based workflow automation platform for pharmacies. It provides software tools for automation and personalization in pharmacies, enabling pharmacists to work accurately. It simplifies pharmacy operations, enhances medication adherence, and provides personalized education materials to patients. It uses AI to analyze patient information, flag medication issues, generate personalized counseling points, and tailor information to the patients preferences.
Key facts about Asepha
- Founded Year: 2023
- Location: Toronto (Canada)
- Stage: Seed
- Total Funding till date: $4.02M
- Employee Count: 12 as on Dec 31, 2025
- Investors: MGV, Core Innovation Capital and 6 Others
- Latest Funding Round: Seed, Jul 14, 2025, $*****
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Developer of a minimally invasive heart pump. The company has developed a minimally invasive long-term hemodynamic transcatheter pump heart for treating patients with end-stage heart failure.
Key facts about Puzzle Medical Devices
- Founded Year: 2018
- Location: Montreal (Canada)
- Stage: Series B
- Total Funding till date: $60.5M
- Employee Count: 49 as on May 27, 2025
- Investors: Hellman & Friedman, Broadview Ventures and 15 Others
- Latest Funding Round: Series B, Mar 14, 2025, $*****
- Highlight: Editors' Pick
Front Row Ventures' Year-on-Year Investment Trends
Front Row Ventures has invested in 29 companies over the last 8 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 2 investments. Its most recent first time investment was in Asepha.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 0 | 2 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 1 | 0 | 1 |
2021 | 4 | 0 | 4 |
2020 | 1 | 0 | 1 |
2019 | 1 | 0 | 1 |
2018 | 1 | 0 | 1 |
Front Row Ventures' Investments by Stage
Front Row Ventures has made 11 investments in Seed stage with an average round size of $1.3M.Front Row Ventures' Investments by Sector
Front Row Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Environment Tech, HealthTech, Sustainability Tech and Vertical SaaS. Notably, it has invested in 23 Tech companies, 22 Enterprise (B2B) companies, 16 Software companies and at least 10 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
Environment Tech | 3 |
HealthTech | 3 |
Sustainability Tech | 3 |
Vertical SaaS | 3 |
Others | 15 |
Note: We have considered here, only first round of investments
Front Row Ventures' Investments by Geography
Front Row Ventures has made most investments in Canada (11).Front Row Ventures' recent investments
Front Row Ventures has not made any investment in 2026 so far.Here are the most recent investments by Front Row Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 14, 2025 | Canada | Seed | 5454 | [+5] | |
Feb 25, 2025 | Canada | Seed | 9774 | [+7] | |
Mar 08, 2023 | Canada | Seed | 2717 | - | |
May 13, 2022 | Canada | Seed | 8647 | - | |
Oct 07, 2021 | Canada | Seed | 4839 |
Acquired companies in Front Row Ventures' Portfolio
4 companies from Front Row Ventures' portfolio have been acquired. The most recent acquisition was 1Mentor in Jan 2024 by QS Quacquarelli Symonds for $*****.Here are Front Row Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 11, 2024 | - | - | 1171 | |
May 08, 2023 | - | - | 8755 | |
May 02, 2022 | - | - | 9070 | |
Jul 27, 2021 | - | - | 6652 |
Team profile of Front Row Ventures
Front Row Ventures has a team of 96 members including 5 Partners and 8 Principals located in Canada, United States and 1 more location. Front Row Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Front Row Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Montreal | - | - | |
Partner | Rwanda | - | ||
Partner | Canada | - | ||
Partner | Montreal | - | ||
Partner | - | - | ||
Principal | Montreal | - | ||
Principal | Montreal | - | ||
Principal | Montreal | - | ||
Principal | Vancouver | - | ||
Principal | Canada | - | ||
Principal | Hamilton | - | - |
Co-investors of Front Row Ventures
Over the past 8 years, 49 investors have co-invested in Front Row Ventures's portfolio companies. This includes funds and angels.
- Invested before Front Row Ventures: Techstars, Invest Nova Scotia and 6 others have invested in rounds before Front Row Ventures. There is 1 company where Techstars has invested before Front Row Ventures and 1 company where Invest Nova Scotia has invested before Front Row Ventures.
- Top Co-investors of Front Row Ventures: 14 investors entered a company along with Front Row Ventures. These include investors like Glasswing Ventures (1 company).
- Invested after Front Row Ventures: A total of 27 investors have invested in Front Row Ventures's portfolio after their investments. Top Investors include Anges Quebec (2 companies), Broadview Ventures (1 company) and Grant Park Ventures (1 company).
Recent News related to Front Row Ventures
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Dispersa Closes $5.8M CAD Seed Round to Commercially Scale Waste-Derived BiosurfactantsCNW•Feb 25, 2025•Dispersa, Nàdarra Ventures, BDC, Cycle Momentum and 5 others
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Front Row Ventures’ Investment in RetinaLogik Inc.Global Legal Chronicle•Apr 07, 2023•Front Row Ventures, Osler, RetinaLogik
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FTEX Closes $485,000 Pre-Seed RoundACCESSWIRE•Oct 07, 2021•FTEX, Front Row Ventures, Ecofuel Fund, EmergConnect and 2 others
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Puzzle Medical Devices receives its first investment from Front Row VenturesPuzzle Medical Devices•Jan 03, 2019•Front Row Ventures, Puzzle Medical Devices
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Front Row Ventures makes first investment in subscription management platform PelcroMontreal in Technology•Jan 31, 2018•Pelcro, Front Row Ventures
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