About Innovation PEI
Innovation PEI is a venture capital firm founded in 2008. It is primarily based out of Charlottetown, Canada. As of Nov 2022, Innovation PEI has invested in 2 companies. It primarily invests in Grant (prize money) round in Canada based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Real Estate and Construction Tech and Healthcare. Most recently it participated in the $***** Grant (prize money) round of PEI BioAlliance Canadian Space Agency co-invest with Innovation PEI, sharing a substantial percentage of its portfolio. Innovation PEI has team of 5 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Grant (prize money) & Seed
Innovation PEI's List of All Investments
Innovation PEI has a portfolio of 2 companies. Their most notable investments are in PEI BioAlliance and JobSite To Go.Their portfolio spans across and Canada. They have invested in Enterprise Applications, Real Estate and Construction Tech, Healthcare, across Grant (prize money), Seed stages. Here is the list of all investments by Innovation PEI:Key facts about PEI BioAlliance
- Founded Year: 2005
- Location: Charlottetown (Canada)
- Stage: Funding Raised
- Employee Count: 12 as on Jul 31, 2026
- Investors: Canadian Space Agency and Innovation PEI
- Latest Funding Round: Grant (prize money), Nov 13, 2022, $*****
Jobsite To Go is a web and mobile application for construction contractors to record and track costs related materials, labour, time. Users can capture expense data through the mobile app, track the job progress using multimedia supported site diary, record payments and adjustments, and automatically create 18 kinds of reports.
Key facts about JobSite To Go
- Founded Year: 2012
- Location: Charlottetown (Canada)
- Stage: Deadpooled
- Total Funding till date: $25K
- Investors: Innovation PEI
- Latest Funding Round: Seed, Sep 25, 2014, $*****
Innovation PEI's Year-on-Year Investment Trends
Innovation PEI has invested in PEI BioAlliance in 2022 and JobSite To Go in 2014. Its most recent first time investment was in PEI BioAlliance.Innovation PEI's Investments by Stage
Innovation PEI has made 1 investment in Grant (prize money) stage with an average round size of $3.18M and 1 investment in Seed stage with an average round size of $25K.Innovation PEI's Investments by Sector
Innovation PEI has a diverse portfolio, with companies operating in the Enterprise Applications, Healthcare, Real Estate and Construction Tech and Vertical SaaS. Notably, it has invested in 1 Enterprise (B2B) company, 1 Saas company, 1 Software company and 1 company focusing on Tech.Sector | No. of Investments |
|---|---|
Enterprise Applications | 1 |
Healthcare | 1 |
Real Estate and Construction Tech | 1 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
Innovation PEI's Investments by Geography
Innovation PEI has made most investments in Canada (2).Innovation PEI's recent investments
Innovation PEI has not made any investment in 2026 so far.Here are the most recent investments by Innovation PEI:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 13, 2022 | Canada | Grant (prize money) | 3232 | ||
Sep 25, 2014 | Canada | Seed | 5843 | - |
Team profile of Innovation PEI
Innovation PEI has a team of 5 members including 3 Partners. Innovation PEI's team does not sit on the board of any company as of now.Here is a list of all team members in Innovation PEI:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Partner | - | - | - | |
Partner | - | - | - |
Co-investors of Innovation PEI
Over the past 12 years, one investor has co-invested in Innovation PEI's portfolio companies. This includes only funds.
- Top Co-investors of Innovation PEI: Canadian Space Agency entered a company along with Innovation PEI.
Recent News related to Innovation PEI
•
Startup Genome Partners With Innovacorp and Team to Strengthen Atlantic Canada's Entrepreneurial OpportunitiesNewswire•Mar 24, 2022•Startup Genome, Innovacorp, Genesis, Innovation PEI and 3 others
•

