About Rhino Ventures
Rhino Ventures is a venture capital firm founded in 2015. It is primarily based out of Vancouver, Canada. As of Sep 2025, Rhino Ventures is an active investor, having invested in 27 companies, with 1 new investment in the last 12 months. 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 HealthTech and High Tech. Most recently it participated in the $***** Seed round of Shopvision Overall, Rhino Ventures portfolio has seen 2 IPOs and 8 acquisitions including key companies like Thinkific, Article and Ontopical. A lot of funds co-invest with Rhino Ventures, with names like Radical Ventures sharing a substantial percentage of its portfolio. Rhino Ventures has team of 18 people including 9 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 1 more
Portfolio Soonicorns
Deals in last 12 months
Rhino Ventures' List of Top Investments
Rhino Ventures has a portfolio of 27 companies. Their most notable investments are in Twig Fertility and Curatio.Their portfolio spans across Canada, United States, United Kingdom and 1 more locations. They have invested in Enterprise Applications, HealthTech, High Tech and 14 other sectors, across stages such as Series A, Seed and 1 more. Here is the list of top investments by Rhino Ventures:
1. Thinkific
Provider of online academy builder. It enables users to create online courses, digital products, and communities that actually sell. It works on a premium model with revenue generated from transaction fees and subscriptions.
Key facts about Thinkific
- Founded Year: 2012
- Location: Vancouver (Canada)
- Stage: Public
- Total Funding till date: $25M
- Employee Count: 404 as on Apr 30, 2026
- Investors: VFF, Kensington Capital Partners and 5 Others
- Latest Funding Round: Series A, Sep 29, 2020, $*****
- Highlight: Public
Developer of bioprinting technology and tissue therapeutics for regenerative medicine. The company’s platform integrates bioprinting, computational design, therapeutic cells, and biomaterials. It develops implantable tissues to replace, repair, or supplement biological functions. The focus is on creating solutions for metabolic and endocrine diseases. The company also collaborates with other organizations.
Key facts about Aspect Biosystems
- Founded Year: 2013
- Location: Vancouver (Canada)
- Stage: Series B
- Total Funding till date: $139M
- Employee Count: 49 as on May 27, 2025
- Investors: Rising Tide Fund, Civilization Ventures and 21 Others
- Latest Funding Round: Series B, Jan 08, 2025, $*****
- Highlight: Editors' Pick
3. Fispan
Provider of banking integration platform for ERP and accounting software. The platform streamlines accounts payable workflows, vendor payments, and employee reimbursements. It also offers cash management, reporting, and automated bank feeds. The solution integrates banking portals into ERP and accounting systems. It facilitates balance and transaction viewing, and enables book transfers.
Key facts about Fispan
- Founded Year: 2016
- Location: Vancouver (Canada)
- Stage: Series B
- Total Funding till date: $53M
- Employee Count: 207 as on Apr 30, 2026
- Investors: Mastercard, VFF and 5 Others
- Latest Funding Round: Series B, Jun 03, 2025, $*****
- Highlight: Editors' Pick
4. Klue
Cloud based market intelligence platform for enterprises. The platform leverage machine learning algorithm to curate information about competitors from across the web and inside internal systems such as Slack and Salesforce. It collects and analyzes competitive intelligence from external and internal sources.
Key facts about Klue
- Founded Year: 2015
- Location: Vancouver (Canada)
- Stage: Series B
- Total Funding till date: $81M
- Employee Count: 198 as on Apr 30, 2026
- Investors: Tiger Global Management, Craft Ventures and 23 Others
- Latest Funding Round: Series B, Dec 01, 2021, $*****
- Highlight: Editors' Pick
5. Pluto
Cashback corporate cards and expense management platform. It is a business spend management platform offering corporate cards, expense management, and financial automation tools to streamline your company's financial operations. It is built for businesses that want to keep expense tracking simple, stay on top of petty cash management, get clear, real-time spending insights, and avoid the usual hassle. Its digital solution combines virtual corporate cards, automated expense tracking, and AI-powered insights in one platform. It works smoothly with platforms like QuickBooks, Xero, and NetSuite.
Key facts about Pluto
- Founded Year: 2021
- Location: Dubai (United Arab Emirates)
- Stage: Seed
- Total Funding till date: $10.1M
- Employee Count: 60 as on Apr 30, 2026
- Investors: Graph Ventures, Global Founders Capital and 14 Others
- Latest Funding Round: Seed, Jan 24, 2025, $*****
- Highlight: Editors' Pick
Rhino Ventures' Year-on-Year Investment Trends
Rhino Ventures has invested in 27 companies over the last 6 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 3 investments. Its most recent first time investment was in Shopvision and most recent follow-on round was in Aspect Biosystems.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 1 | 3 |
2024 | 1 | 0 | 1 |
2023 | 2 | 0 | 2 |
2022 | 2 | 0 | 2 |
2021 | 3 | 0 | 3 |
2020 | 6 | 1 | 7 |
Rhino Ventures' Investments by Stage
Rhino Ventures has made 8 investments in Series A stage with an average round size of $10.7M, 7 investments in Seed stage with an average round size of $3.38M and 1 investment in Series B stage with an average round size of $19M.Stage of entry | No. of Investments |
|---|---|
Series A | 8 |
Seed | 7 |
Series B | 1 |
Note: We have considered here, only first round of investments
Rhino Ventures' Investments by Sector
Rhino Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Vertical SaaS, Consumer and EdTech. Notably, it has invested in 21 Tech companies, 17 Enterprise (B2B) companies, 14 Software companies and at least 10 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 10 |
FinTech | 4 |
Vertical SaaS | 3 |
Consumer | 2 |
EdTech | 2 |
Others | 15 |
Note: We have considered here, only first round of investments
Rhino Ventures' Investments by Geography
Rhino Ventures has made most investments in Canada (13), followed by United Arab Emirates where it has made 1 investment.Country | No. of Investments |
|---|---|
Canada | 13 |
United Arab Emirates | 1 |
United Kingdom | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Rhino Ventures' recent investments
Rhino Ventures has not made any investment in 2026 so far.Here are the most recent investments by Rhino Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 18, 2025 | Canada | Seed | 1485 | [+1] | |
Jan 24, 2025 | United Arab Emirates | Seed | 6257 | [+4] | |
Jan 08, 2025 | Canada | Series B | 8905 | [+6] | |
Oct 18, 2024 | Canada | Seed | 7394 | - | |
Sep 14, 2023 | United States | Seed | 3478 | [+1] |
IPOs and Publicly Listed companies in Rhino Ventures' Portfolio
2 of Rhino Ventures' portfolio companies have become public. Thinkific got listed on the OTC Markets (OTCMKTS), in Apr 2021 and Woodbois got listed on the London Stock Exchange (LSE).Here are Rhino Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 25, 2021 | Sep 29, 2020 | Series A | 5054 | |
Sep 17, 2010 | - | - | 4921 |
Acquired companies in Rhino Ventures' Portfolio
8 companies from Rhino Ventures' portfolio have been acquired. The most recent acquisition was Ontopical in Aug 2025 by SOVRA for $*****.Here are Rhino Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 18, 2025 | Sep 14, 2023 | Seed | 6555 | |
Apr 04, 2023 | - | - | 7595 | |
Mar 15, 2022 | - | - | 6129 | |
Mar 22, 2021 | - | - | 4765 | |
Jun 01, 2020 | - | - | 4074 |
Team profile of Rhino Ventures
Rhino Ventures has a team of 18 members including 9 Partners, 1 Venture Partner and 1 Principal located in Canada, United States and 1 more location. Rhino Ventures' team sits on the board of 1 company.Here is a list of top team members in Rhino Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Honolulu | - | - | |
Partner | Vancouver | - | - | |
Partner | Vancouver | - | ||
Partner | Poland | - | - | |
Partner | - | - | - | |
Partner | Canada | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Venture Partner | - | - | - | |
Principal | Vancouver | - |
Co-investors of Rhino Ventures
Over the past 6 years, 74 investors have co-invested in Rhino Ventures's portfolio companies. This includes funds and angels.
- Invested before Rhino Ventures: VFF, BDC and 42 others have invested in rounds before Rhino Ventures. There are 3 companies where VFF has invested before Rhino Ventures and 2 companies where BDC has invested before Rhino Ventures.
- Top Co-investors of Rhino Ventures: 21 investors entered a company along with Rhino Ventures. These include investors like Radical Ventures (1 company).
- Invested after Rhino Ventures: A total of 9 investors have invested in Rhino Ventures's portfolio after their investments. Top Investors include Dimension (1 company), New Nordic (1 company) and T1D Fund (1 company).
Recent News related to Rhino Ventures
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ShopVision Raises $4.1M in Seed FundingFinSMEs•Sep 18, 2025•Rhino Ventures, Brightspark Ventures, Shopvision, BDC Capital
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Abu Dhabi Royal Family Invests in Diginex to Expand ESG TechnologiesInvesting•May 07, 2025•Diginex, Rhino Ventures,
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Pluto raises USD 4.1 million in pre-Series A funding roundThe Paypers•Jan 27, 2025•Pluto, Rhino Ventures, Born Capital, Goanna Capital and 1 other
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Pluto Secures $4.1M Pre-Series A Funding for Saudi ExpansionRasmal•Jan 24, 2025•Pluto, Rhino Ventures, Born Capital, Goanna Capital and 4 others
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Aspect Biosystems raises US$115m Series BAngel News•Jan 17, 2025•Aspect Biosystems, New Nordic, Radical Ventures, InBC and 10 others
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Aspect Biosystems Raises US$115 Million Series B Financing to Advance Bioprinted Tissue TherapeuticsBusiness Wire•Jan 08, 2025•Aspect Biosystems, InBC, Pallasite Ventures, Pangaea Ventures and 6 others
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MyFO Closes $3.5M Seed Round to Revolutionize Family Office ManagementSilicon Valley Journals•Oct 18, 2024•MyFO-Tech, Rhino Ventures,
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Ontopical Raises $3.3M in Seed ExtensionFinSMEs•Sep 14, 2023•Ontopical, Rhino Ventures, Graphite Ventures, Accelerate Fund
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