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BrandProject

North America, Ontario, Canada, Toronto

Description

BrandProject is a Toronto-based early-stage venture capital firm with a distinct focus on consumer brands, services, and technology companies. Established in 2012, the firm primarily invests in seed and Series A rounds, targeting innovative businesses that aim to disrupt or redefine consumer experiences. Their investment thesis centers on identifying high-growth potential companies within sectors such as e-commerce, food and beverage, health and wellness, and lifestyle, leveraging their deep industry expertise to support portfolio companies.

Beyond capital, BrandProject positions itself as an active and hands-on partner, providing strategic guidance and operational support to its portfolio companies. This collaborative approach is a cornerstone of their investment strategy, aiming to accelerate growth and mitigate risks for early-stage ventures. They typically deploy initial checks ranging from $500,000 to $3,000,000, demonstrating a commitment to significant early-stage funding that can fuel initial product development, market entry, and team expansion.

The firm has built a notable track record, including investments in several successful consumer brands. A prominent example is Freshly, a meal delivery service that was acquired by Nestlé for an impressive $1.5 billion, showcasing BrandProject's ability to identify and nurture high-value opportunities. In October 2021, BrandProject further solidified its position in the early-stage consumer investment landscape by closing its third fund, BrandProject Fund III, LP, with $50 million in commitments. This latest fund reinforces their continued dedication to supporting the next generation of consumer-focused innovators across North America.

Investor Profile

BrandProject has backed more than 24 startups, with 2 new investments in the last 12 months alone. The firm has led 7 rounds, about 29% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Health Care, E-Commerce, Personal Health.
  • Led 1 rounds in the past year.
  • Typical check size: $500K – $3M.

Stage Focus

  • Seed (46%)
  • Series A (25%)
  • Series B (17%)
  • Pre Seed (8%)
  • Series Unknown (4%)

Country Focus

  • United States (67%)
  • Canada (29%)

Industry Focus

  • Health Care
  • E-commerce
  • Personal Health
  • Wellness
  • Food And Beverage
  • Retail
  • Pharmaceutical
  • Dietary Supplements
  • Food Processing
  • Restaurants
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does BrandProject frequently co-invest with?

FJ Labs
North America, New York, United States, New York
Co-Investments: 2
L Catterton
North America, Connecticut, United States, Greenwich
Co-Investments: 2
The Venture Collective
North America, New York, United States, New York
Co-Investments: 2
Acton Capital
Europe, Bayern, Germany, München
Co-Investments: 2
Round13 Capital
North America, Ontario, Canada, Toronto
Co-Investments: 2
AF Ventures
North America, New York, United States, New York
Co-Investments: 4
Investeco Capital
North America, Ontario, Canada, Toronto
Co-Investments: 2
Elizabeth Street Ventures
North America, New York, United States, New York
Co-Investments: 3
Emil Capital Partners
North America, Connecticut, United States, Greenwich
Co-Investments: 4
Slow Ventures
North America, California, United States, San Francisco
Co-Investments: 2

Which angels does BrandProject often collaborate with?

GL
North America, New York, United States, Brooklyn
Shared Deals: 1
BW
North America, California, United States, Los Angeles
Shared Deals: 1
AA
North America, California, United States, Irvine
Shared Deals: 1
AG
North America, New York, United States, New York
Shared Deals: 1
JL
North America, California, United States, San Francisco
Shared Deals: 1
GS
North America, New York, United States, Brooklyn
Shared Deals: 1
KC
North America, New York, United States, New York
Shared Deals: 1
Shared Deals: 1
JG
North America, Colorado, United States, Boulder
Shared Deals: 1
FL
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by BrandProject?

Gainful

San Francisco, California, United States

Gainful is a personalized sports nutrition company that offers subscriptions to its Hydration line of electrolyte drink mixes.

Dietary SupplementsHealth CarePersonal HealthWellness
Series BSep 3, 2024
Great Many

New York, New York, United States

Great Many offers a comprehensive approach to hair growth solutions by establishing a separate place for hair health.

Health CarePersonal Health
Pre SeedAug 21, 2024
Amount Raised: $3,400,000
Wonderbelly

Austin, Texas, United States

Wonderbelly provides digestive health products and solutions.

Health CarePersonal HealthPharmaceuticalWellness
Series AApr 9, 2024
Amount Raised: $12,000,000
Iris&Romeo

Sunnyvale, California, United States

Iris&Romeo is an online retailer specializing in skincare, makeup, cosmetics, health, beauty products, and accessories.

BeautyCosmeticsE-Commerce
Series ADec 19, 2023
The Gleamery

Beaverton, Oregon, United States

The Gleamery is a health and wellness startup that focuses on professional grade, expeditious teeth whitening, and cleaning.

ConsumerFitnessWellness
SeedAug 9, 2023
Amount Raised: $4,499,998
Guaranteed

New York, New York, United States

Guaranteed is a care company that makes tough moments easier by blending at-home treatment with cutting-edge technology,

Elder CareHealth CareHome Health Care
SeedNov 3, 2022
Amount Raised: $6,500,000
Wonderbelly

Austin, Texas, United States

Wonderbelly provides digestive health products and solutions.

Health CarePersonal HealthPharmaceuticalWellness
SeedJun 14, 2022
Amount Raised: $3,375,000
Acid League

Dundas, Ontario, Canada

Acid League creates pantry brand reinventing acid-based products like vinegar, sauces, condiments, beverages,

Food and Beverage
Series UnknownApr 5, 2022
Amount Raised: $6,000,000
Minoan Experience

New York, New York, United States

Minoan Experience help short-term rentals and boutique hotels enhance their appeal using our customizable, curated retail platform.

E-CommerceRetail
SeedFeb 17, 2022
Amount Raised: $5,000,000
Clutch

Toronto, Ontario, Canada

Clutch is an online used vehicle retailer that enables customers to browse and purchase from a wide selection of pre-owned vehicles.

AutomotiveE-CommerceRetail
Series BNov 16, 2021
Amount Raised: $79,578,235