
NAventures
Description
NAventures is the corporate venture capital arm of the National Bank of Canada, established in 2017 to strategically invest in and partner with innovative technology companies. Based in Montréal, Canada, NAventures plays a crucial role in the bank's digital transformation efforts by identifying and backing promising startups that are poised to reshape the financial services landscape. Its mandate extends beyond mere capital provision, aiming to foster collaborative relationships that leverage the bank's extensive expertise and network to support portfolio companies' growth.
The firm primarily focuses on fintech and adjacent technology sectors that are strategic to the financial industry. This includes, but is not limited to, areas such as artificial intelligence, blockchain, data analytics, cybersecurity, wealth management solutions, payments, and capital markets technologies. NAventures targets a broad spectrum of companies, from early-stage ventures (seed, Series A, Series B) to more mature growth-stage enterprises. Their typical first cheque investments range significantly, starting from approximately $1 million and extending up to $20 million or more, depending on the stage and strategic alignment of the opportunity.
NAventures distinguishes itself by offering more than just financial backing; it provides portfolio companies with access to the National Bank of Canada's resources, including its client base, operational insights, and regulatory expertise. This strategic partnership approach helps accelerate the development and market adoption of new technologies, benefiting both the startups and the bank's core operations. Since its inception, NAventures has built a diverse portfolio, having made over 40 investments in companies across Canada, the United States, and other international markets, solidifying its position as a key player in the North American fintech investment ecosystem.
Investor Profile
NAventures has backed more than 22 startups, with 2 new investments in the last 12 months alone. The firm has led 2 rounds, about 9% of its total and boasts 9 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Series C rounds (top funding stages).
- Majority of deals are located in Canada, United States.
- Strong thematic focus on FinTech, Financial Services, Finance.
- Led 1 rounds in the past year.
- Typical check size: $1M – $20M.
Stage Focus
- Series A (50%)
- Series B (18%)
- Series C (14%)
- Series Unknown (9%)
- Seed (9%)
Country Focus
- Canada (64%)
- United States (36%)
Industry Focus
- Fintech
- Financial Services
- Finance
- Software
- Artificial Intelligence (Ai)
- Real Estate
- Insurtech
- Banking
- Analytics
- Machine Learning
Frequently Asked Questions
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