About Real Ventures
Real Ventures is a venture capital firm founded in 2007. It is primarily based out of Montreal, Canada. As of Sep 2026, Real Ventures is an active investor, having invested in 218 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 High Tech and Consumer. Most recently it participated in the $***** Series A round of Axya Overall, Real Ventures portfolio has seen 3 unicorns, 2 IPOs and 51 acquisitions including key companies like Blockstream, Sonder and JDA software. A lot of funds co-invest with Real Ventures, with names like BDC sharing a substantial percentage of its portfolio. Real Ventures has team of 21 people including 8 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Acquisitions
Portfolio Unicorns
Real Ventures' List of Top Investments
Real Ventures has a portfolio of 218 companies, including 3 unicorns. Their most notable investments are in FitMyFoot and Sollum Technologies.Their portfolio spans across Canada, United States, Australia and 5 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 28 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Real Ventures:1. Busbud
App-based bus travel bookings. It helps users find and select bus routes through clear and organized digital tools. The platform supports comparing options so trips can be planned with simplicity. It offers an online space where tickets and travel details are managed in one place.
Key facts about Busbud
- Founded Year: 2011
- Location: Montreal (Canada)
- Stage: Series C
- Total Funding till date: $46M
- Employee Count: 73 as on Sep 30, 2026
- Investors: Teralys Capital, Inovia Capital and 17 Others
- Latest Funding Round: Series C, Feb 22, 2022, $*****
- Highlight: Editors' Pick
2. Blockstream
Developer of cryptocurrency infrastructure software and open source hardware wallets. Systems built for the bitcoin network include non custodial applications, security technology, and decentralized financial tools. These products facilitate peer to peer transactions and address scaling requirements through satellite transmissions and sidechain implementations. Hardware security devices assist individuals with self custody management. The architecture aims to reduce reliance on third party financial institutions by utilizing cryptographic proof and distributed systems protocols.
Key facts about Blockstream
- Founded Year: 2014
- Location: Montreal (Canada)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $651M
- Employee Count: 100 as on Mar 31, 2025
- Investors: Baillie Gifford, AME Cloud Ventures and 46 Others
- Latest Funding Round: Series C, Oct 15, 2024, $*****
- Highlight: Editors' Pick

3. Sonder
App-based platform for booking managed vacation rentals. Their platform allows users to book apartments by providing details including date of travel, number of guests, and destination. It also offers concierge services, toiletries, and kitchen essentials, as well as recommendations for nearby tourist attractions via the platform. Their app is available for iOS and Android devices.
Key facts about Sonder
- Founded Year: 2012
- Location: Thornton (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $680M
- Employee Count: 609 as on Sep 30, 2026
- Investors: Fidelity Investments, HarbourVest Partners and 42 Others
- Latest Funding Round: Post IPO, Apr 14, 2025, $*****
- Highlight: Public
4. Vention
Developer of an AI-powered automation platform for manufacturing operations. The platform unifies hardware, software, motion control, and cloud connectivity to streamline factory floor processes. It enables the design, programming, and deployment of automated systems, including robotic cells, conveyors, and workstations, to support various industrial applications.
Key facts about Vention
- Founded Year: 2016
- Location: Montreal (Canada)
- Stage: Series D
- Total Funding till date: $263M
- Employee Count: 377 as on Sep 30, 2026
- Investors: Georgian, Real Ventures and 17 Others
- Latest Funding Round: Series D, Jan 27, 2026, $*****
- Highlight: Editors' Pick
5. Landr
Provider of online tools for music mastering, distribution, and collaboration. It offers artificial intelligence mastering, distribution to streaming platforms, samples, plugins, and online music courses. Collaboration tools are available for remote sessions. Services include audio video chats and community channels. Users can access courses taught by industry professionals.
Key facts about Landr
- Founded Year: 2012
- Location: Montreal (Canada)
- Stage: Series B
- Total Funding till date: $35.9M
- Employee Count: 172 as on Sep 30, 2026
- Investors: Real Ventures, Warner Music Group and 13 Others
- Latest Funding Round: Series B, Jul 16, 2019, $*****
- Highlight: Editors' Pick
Real Ventures' Year-on-Year Investment Trends
Real Ventures has invested in 218 companies over the last 16 years, with an average of 7 new investments annually in the last 10 years. In 2025, it made 2 investments, while as of Sep 2026, it has made 4 investments in this year. Its most recent first time investment was in DropGenie and most recent follow-on round was in Axya.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 3 | 4 |
2025 | 2 | 0 | 2 |
2024 | 1 | 1 | 2 |
2023 | 3 | 5 | 8 |
2022 | 3 | 2 | 5 |
2021 | 11 | 11 | 22 |
2020 | 8 | 9 | 17 |
2019 | 10 | 8 | 18 |
2018 | 16 | 14 | 30 |
2017 | 11 | 5 | 16 |
Real Ventures' Investments by Stage
Real Ventures has made 109 investments in Seed stage with an average round size of $2.48M, 33 investments in Series A stage with an average round size of $10.8M, 3 investments in Series B stage with an average round size of $26.5M and 2 investments in Unattributed stage.Stage of entry | No. of Investments |
|---|---|
Seed | 109 |
Series A | 33 |
Series B | 3 |
Unattributed | 2 |
Note: We have considered here, only first round of investments
Real Ventures' Investments by Sector
Real Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, Retail and Vertical SaaS. Notably, it has invested in 200 Tech companies, 148 Enterprise (B2B) companies, 129 Software companies and at least 77 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 79 |
Consumer | 49 |
High Tech | 31 |
Retail | 22 |
Vertical SaaS | 22 |
Others | 175 |
Note: We have considered here, only first round of investments
Real Ventures' Investments by Geography
Real Ventures has made most investments in Canada (114), followed by United States where it has made 30 investments.Country | No. of Investments |
|---|---|
Canada | 114 |
United States | 30 |
United Kingdom | 2 |
Italy | 1 |
Mexico | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Real Ventures' recent investments
Real Ventures has made 4 investments in 2026 so far. Axya and DropGenie are the latest among them.Here are the most recent investments by Real Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 24, 2026 | Canada | Series A | 5433 | [+2] | |
Jun 22, 2026 | United States | Seed | 4216 | ||
May 18, 2026 | Canada | Series A | 6575 | [+5] | |
Mar 23, 2026 | Canada | Series B | 2019 | [+3] | |
Sep 22, 2025 | United States | Seed | 8648 | [+4] |
Unicorns in Real Ventures' Portfolio
Real Ventures has 3 unicorns in its portfolio - Blockstream, Tenstorrent and Clearco. The most recent unicorn in their portfolio is Blockstream. It became a unicorn in 2021, 6 years after Real Ventures first invested in it.Here is a list of unicorns in Real Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
76 | Developer of cryptocurrency infrastructure software and open source hardware wallets | 2014 | Montreal | Series C | zihaxqz | ||
67 | Developer of hardware and open-source software for artificial intelligence acceleration | 2016 | Toronto | Series E | vwjwyac | ||
71 | Revenue-based financing solution | 2015 | Toronto | Series D | rgebacj |
IPOs and Publicly Listed companies in Real Ventures' Portfolio
2 of Real Ventures' portfolio companies have become public. Xanadu got listed on the Toronto Stock Exchange (TSX), in Mar 2026 at marketcap of $433M and Sonder got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ).Here are Real Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 26, 2026 | May 10, 2018 | Seed | 7067 | |
Mar 19, 2021 | Sep 21, 2016 | Series A | 8636 |
Acquired companies in Real Ventures' Portfolio
51 companies from Real Ventures' portfolio have been acquired. The most recent acquisition was LoginRadius in Aug 2026 by Volaris Group for $*****.Here are Real Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 20, 2026 | Feb 12, 2014 | Seed | 2522 | |
Apr 28, 2026 | Sep 18, 2019 | Seed | 5104 | |
Apr 14, 2026 | - | - | 3904 | |
May 08, 2023 | - | - | 4686 | |
Feb 28, 2023 | Aug 18, 2014 | Series A | 7983 |
Team profile of Real Ventures
Real Ventures has a team of 21 members including 8 Partners, 1 Venture Partner and 2 Principals located in Canada and United States. Real Ventures' team sits on the board of 5 companies.Here is a list of top team members in Real Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Montreal | - | ||
Partner | Montreal | |||
Partner | Montreal | - | ||
Partner | - | - | ||
Partner | Montreal | - | - | |
Partner | Montreal | - | ||
Partner | Montreal | - | ||
Partner | Montreal | - | ||
Venture Partner | Charlotte | - |
Co-investors of Real Ventures
Over the past 16 years, 724 investors have co-invested in Real Ventures's portfolio companies. This includes funds and angels.
- Invested before Real Ventures: FounderFuel, Y Combinator and 78 others have invested in rounds before Real Ventures. There are 7 companies where FounderFuel has invested before Real Ventures and 6 companies where Y Combinator has invested before Real Ventures.
- Top Co-investors of Real Ventures: 299 investors entered a company along with Real Ventures. These include investors like BDC (16 companies).
- Invested after Real Ventures: A total of 345 investors have invested in Real Ventures's portfolio after their investments. Top Investors include Invest Quebec (13 companies), BDC (10 companies) and Export Development Canada (8 companies).
Recent News related to Real Ventures
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Axya Secures $17 Million Series A Funding to Enhance AI-Powered Procurement PlatformThe SaaS News•Sep 25, 2026•Yamaha Motor Ventures, McRock Capital, Axya AI, Real Ventures and 2 others
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Nord Quantique Raises $30M in Funding, Valued at $1.4 BillionFinSMEs•May 18, 2026•Quantacet, Quantonation, BDC, Panache Ventures and 2 others
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Canada’s Spark Microsystems raises $12 million Series BEvertiq•Apr 23, 2026•Idealist Capital, Spark Microsystems, Real Ventures
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Spark Microsystems Raises CAD $17M in Series B FundingFinSMEs•Mar 23, 2026•Idealist Capital, ND Capital, Spark Microsystems, Cycle Capital and 1 other
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Tilt Secures $7.1M Seed Round for AI-Powered Direct Indexing Platform LaunchFinancial Post•Sep 22, 2025•Tilt, Golden Ventures, FJ Labs, Lerer Hippeau and 5 others
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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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Nomic® Secures $42M in Oversubscribed Series B to Expand Access to Protein ProfilingFinancial Post•Sep 17, 2024•Nomic, Amplitude, AVANT BIO, Lux Capital and 2 others
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BioIntelligence Technologies Raises $5M in FundingFinSMEs•Apr 29, 2024•BioIntelligence Technology, Amplify Capital, Invest Quebec, Real Ventures and 3 others
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dcbel Raises $50M+ In Series B FundingFinSMEs•Aug 18, 2023•dcbel, Volvo Cars, Coatue, Real Ventures and 2 others
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HumanFirst Raises CAD$5M in Seed FundingDemand Gen Report•Jul 27, 2023•HumanFirst, Panache Ventures, Inovia Capital, Real Ventures and 1 other
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