Kli Capital

Kli Capital is a Montreal-based venture capital firm established in 2019, specializing in investments across foundational enterprise technologies and ubiquitous consumer brands. The firm positions itself as a long-term partner, providing not only capital but also strategic guidance to entrepreneurs aiming to scale their businesses. With a lean team of 11 employees, Kli Capital has quickly built a robust portfolio, demonstrating a significant impact on the Canadian tech ecosystem.

The firm's investment strategy is notably stage-agnostic, deploying capital from seed to late-stage rounds. This flexible approach allows Kli Capital to support companies from their nascent stages through significant growth phases. Their commitment to their portfolio companies is evident in the impressive statistics they report: their portfolio companies have collectively raised over $1.5 billion in follow-on capital and have generated more than $10 billion in enterprise value. This highlights their ability to identify and nurture high-potential ventures that attract substantial further investment and achieve considerable market success.

Kli Capital's portfolio boasts a roster of prominent Canadian success stories and rapidly growing companies. Notable investments include Lightspeed Commerce, Hopper, Sonder, Dialogue, Coveo, and Goodfood Market, many of which have achieved IPOs or significant exits. They have also invested in companies like Vention, participating from early seed rounds (e.g., Vention's $2.5 million seed round) through later stages, and Nesto, in its $76 million Series B round. This diverse portfolio underscores their broad investment mandate and their capacity to engage with companies at various points in their lifecycle, from initial concept to established market leaders.

The firm's typical initial investment size reflects its multi-stage approach. While they participate in early-stage seed rounds, often with checks starting around $250,000, they are also capable of deploying significantly larger first checks for more mature companies. For instance, entering a Series B or C round, Kli Capital's initial investment can extend up to $10,000,000, depending on the opportunity and the capital requirements of the business. Their strategic focus on impactful technologies and consumer brands, combined with their flexible investment mandate, positions Kli Capital as a key enabler of growth within the North American startup landscape.