Good News Ventures

Good News Ventures is an early-stage venture capital firm based in Toronto, Canada, established in 2021. The firm primarily focuses on Pre-Seed and Seed stage technology companies, backing "true grit entrepreneurs" who are transforming innovative ideas into viable businesses. While maintaining a sector-agnostic investment approach, Good News Ventures has a particular interest in areas such as Software-as-a-Service (SaaS), Artificial Intelligence (AI), Fintech, Healthcare, Future of Work, Climate Tech, and Web3. Their investment thesis emphasizes supporting founders with resilience and determination, aiming to provide not just capital but also strategic guidance during the critical early phases of growth.

The firm typically deploys first cheques ranging from $150,000 to $300,000. This targeted investment size allows them to participate meaningfully in early funding rounds, often alongside other angel investors or larger seed funds. Good News Ventures primarily invests in companies located in Canada and the United States, leveraging its Toronto base to access a vibrant North American startup ecosystem. As of early 2024, the firm has made approximately 15 investments, demonstrating a consistent commitment to its investment strategy since its inception.

Led by Managing Partner Ruslan Mukhamedyarov, Good News Ventures positions itself as a founder-friendly partner, committed to helping startups navigate the challenges of early-stage development. Their relatively recent founding in 2021 highlights their focus on the current wave of technological innovation and entrepreneurial spirit. The firm's clear investment criteria and focus on specific stages and cheque sizes make it a predictable and accessible partner for early-stage tech founders seeking initial capital and strategic support.