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iGan Partners

North America, Ontario, Canada, Toronto

Description

iGan Partners is a prominent Canadian venture capital firm based in Toronto, specializing in early-stage investments within the digital health, MedTech, and enterprise software sectors. The firm distinguishes itself through its hands-on approach, aiming to provide not just capital but also strategic guidance and operational support to its portfolio companies. Their investment thesis centers on identifying disruptive technologies and innovative solutions that address critical needs in their target industries, primarily focusing on companies with strong intellectual property and scalable business models.

iGan Partners typically invests in companies at the Seed to Series A stages, demonstrating a commitment to nurturing startups from their foundational phases. Their initial investments generally range from $2 million to $5 million, providing substantial early capital to fuel growth and product development. Beyond the initial cheque, iGan Partners is prepared to offer significant follow-on capital, with the capacity to invest up to $15 million throughout a company's lifecycle, supporting subsequent funding rounds and expansion initiatives. This flexible funding strategy allows them to maintain a long-term partnership with their portfolio companies.

With a robust portfolio, iGan Partners has established itself as a significant player in the Canadian tech ecosystem. As of early 2024, their Crunchbase profile indicates a total of 33 investments, showcasing their active participation in the market. The firm has also demonstrated a track record of successful exits, with 5 reported exits, validating their investment selection and value creation strategies. Their most recent fund, iGan Partners Fund III, aims to continue their focus on high-growth opportunities in their specialized verticals, reinforcing their position as a leading early-stage investor in Canada's burgeoning technology landscape.

Investor Profile

iGan Partners has backed more than 25 startups, with 5 new investments in the last 12 months alone. The firm has led 10 rounds, about 40% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Canada, United States.
  • Strong thematic focus on Health Care, Medical Device, Medical.
  • Led 4 rounds in the past year.
  • Typical check size: $2M – $5M.

Stage Focus

  • Seed (32%)
  • Series A (24%)
  • Series Unknown (20%)
  • Series C (12%)
  • Pre Seed (4%)
  • Series B (4%)
  • Convertible Note (4%)

Country Focus

  • Canada (84%)
  • United States (16%)

Industry Focus

  • Health Care
  • Medical Device
  • Medical
  • Artificial Intelligence (Ai)
  • Software
  • Machine Learning
  • Information Technology
  • Wellness
  • Mhealth
  • Analytics
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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 iGan Partners frequently co-invest with?

Nina Capital
Europe, Catalonia, Spain, Barcelona
Co-Investments: 2
Motorola Solutions Venture Capital
North America, Illinois, United States, Chicago
Co-Investments: 2
Center of Aging and Brain Health Innovation
North America, Ontario, Canada, Toronto
Co-Investments: 2
Rho Canada Ventures
North America, New York, United States, New York
Co-Investments: 2
Genesys Capital
North America, Ontario, Canada, Toronto
Co-Investments: 2
Alzheimer's Drug Discovery Foundation
North America, New York, United States, New York
Co-Investments: 1
LVL1 Group
Europe, Limassol, Cyprus, Limassol
Co-Investments: 3
Expeditions Fund
Europe, Mazowieckie, Poland, Warsaw
Co-Investments: 2
Archangel Network of Funds
North America, Ontario, Canada, Kitchener
Co-Investments: 2
Arboretum Ventures
North America, Michigan, United States, Ann Arbor
Co-Investments: 2

Which angels does iGan Partners often collaborate with?

Alex Norman
North America, Ontario, Canada, Toronto
Shared Deals: 1
Jason Tryfon
North America, Ontario, Canada, Toronto
Shared Deals: 1
NJ
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by iGan Partners?

Cosm Medical

Toronto, Ontario, Canada

Digital Urogynecology to commercialize the world's first Gynethotic for Pelvic Floor Disorders

Health CareMedicalMedical Device
SeedJun 5, 2025
Cyborg

New York, New York, United States

Data Solutions for the 21st Century

Cyber SecurityInformation TechnologySearch EngineSoftware
Series UnknownMay 29, 2025
Segmed

Palo Alto, California, United States

Segmed is a RWE governance platform that provides clinical data and medical imaging for platform solutions.

Artificial Intelligence (AI)Cloud Data ServicesHealth CareMachine LearningMedical
Series ASep 3, 2024
Amount Raised: $10,400,000
MolecuLight

Toronto, Ontario, Canada

MolecuLight develops portable handheld optical imaging devices for point-of-care wound analysis.

Health CareMedicalMedical Device
Series CAug 15, 2024
Amount Raised: $8,517,764
RetiSpec

Toronto, Ontario, Canada

RetiSpec is a medical imaging startup developing an eye scanner for early detection of Alzheimer’s Disease pathology.

Health CareMedical Device
Series AJul 26, 2024
Amount Raised: $9,975,264
Flosonics

Sudbury, Ontario, Canada

Flosonics is a medical device company that focuses on developing non-invasive sensors to improve the management of critically ill patients.

Health CareMedicalMedical Device
Series CMar 19, 2024
Amount Raised: $20,000,000
Segmed

Palo Alto, California, United States

Real-World Data for Health Innovation

Artificial Intelligence (AI)Cloud Data ServicesHealth CareMachine LearningMedicalSoftware
SeedNov 14, 2022
Amount Raised: $5,232,000
MolecuLight

Toronto, Ontario, Canada

MolecuLight develops portable handheld optical imaging devices for point-of-care wound analysis.

Health CareMedicalMedical Device
Series UnknownAug 11, 2022
Cosm Medical

Toronto, Ontario, Canada

Digital Urogynecology to commercialize the world's first Gynethotic for Pelvic Floor Disorders

Health CareMedicalMedical Device
SeedApr 4, 2022
Amount Raised: $3,763,161
Curv Health

Toronto, Ontario, Canada

Curv Health is a multidisciplinary virtual clinic that gives healthcare providers the ability to build and run their own practice.

FitnessHealth CareHuman ResourcesWellness
SeedMar 1, 2022
Amount Raised: $4,008,032