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Yaletown Partners

North America, British Columbia, Canada, Vancouver

Description

Yaletown Partners is a prominent Canadian venture capital firm headquartered in Vancouver, with additional offices in Calgary, Montreal, and Toronto. The firm specializes in providing growth equity to emerging-growth technology companies, particularly those developing intelligent industry technologies. Their investment focus spans software, data, and device technologies that drive innovation across sectors such as manufacturing, energy, agriculture, and healthcare. Yaletown targets B2B solutions, seeking to back companies that are transforming traditional industries through advanced digital capabilities like AI, IoT, cloud computing, and cybersecurity.

The firm's investment strategy centers on supporting companies through their Series A and B funding rounds, providing not just capital but also strategic guidance and operational expertise from their experienced team. Yaletown Partners is known for its hands-on approach, aiming to accelerate the growth and market penetration of its portfolio companies. They typically look for businesses with proven technology, strong management teams, and significant market potential within the intelligent industry vertical. Their geographic reach primarily covers Canada, with an eye towards companies that can scale globally.

Regarding investment size, Yaletown Partners typically makes initial investments ranging from $5 million to $15 million. This initial commitment is often part of a larger funding strategy, as their total investment over the life of a company can exceed $25 million, demonstrating a long-term commitment to their portfolio. The firm has a strong track record, having raised over $340 million across five distinct funds to date. Their most recent fund, Yaletown Partners IV, successfully closed at $130 million in 2019, further solidifying their capacity to support a robust pipeline of technology innovators.

Investor Profile

Yaletown Partners has backed more than 52 startups, with 2 new investments in the last 12 months alone. The firm has led 16 rounds, about 31% of its total and boasts 22 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in Canada, United States, Belgium.
  • Strong thematic focus on Software, Internet, E-Commerce.
  • Led 2 rounds in the past year.
  • Typical check size: $5M – $15M.

Stage Focus

  • Series A (29%)
  • Series B (25%)
  • Seed (23%)
  • Series C (10%)
  • Series Unknown (6%)
  • Private Equity (2%)
  • Series D (2%)
  • Angel (2%)
  • Series E (2%)

Country Focus

  • Canada (73%)
  • United States (25%)
  • Belgium (2%)

Industry Focus

  • Software
  • Internet
  • E-commerce
  • Saas
  • Enterprise Software
  • Artificial Intelligence (Ai)
  • Information Technology
  • Data Integration
  • Health Care
  • Telecommunications
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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 Yaletown Partners frequently co-invest with?

Granite Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Real Ventures
North America, Quebec, Canada, Montréal
Co-Investments: 3
OVP Venture Partners
North America, Washington, United States, Seattle
Co-Investments: 4
BDC Venture Capital
North America, Alberta, Canada, Calgary
Co-Investments: 14
GrowthWorks Capital
North America, British Columbia, Canada, Vancouver
Co-Investments: 9
Business Development Bank of Canada
North America, Quebec, Canada, Montréal
Co-Investments: 3
Austin Ventures
North America, Texas, United States, Austin
Co-Investments: 3
Kensington Capital Partners Limited
North America, Ontario, Canada, Toronto
Co-Investments: 3
Voyager Capital
North America, Washington, United States, Seattle
Co-Investments: 4
Alliance of Angels
North America, Washington, United States, Seattle
Co-Investments: 3

Which angels does Yaletown Partners often collaborate with?

Micheal Hyatt
North America, Ontario, Canada, Toronto
Shared Deals: 1
khiladi poswal
Asia, India
Shared Deals: 1
Mark Cowie
North America, Ontario, Canada, Toronto
Shared Deals: 1
Mike Edwards
North America, British Columbia, Canada
Shared Deals: 2
EG
North America, New York, United States, New York
Shared Deals: 1
GE
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 1
Jason Billingsley
North America, British Columbia, Canada, Vancouver
Shared Deals: 1
TR
North America, California, United States, San Francisco
Shared Deals: 2
Shared Deals: 1
David Arnsdorf
North America, British Columbia, Canada
Shared Deals: 1

What are some of recent deals done by Yaletown Partners?

Nanoprecise Sci Corp

Edmonton, Alberta, Canada

Nanoprecise Sci Corp provides AI and IoT solutions for predictive maintenance.

Artificial Intelligence (AI)Industrial AutomationInternet of Things
Series CMar 27, 2025
Amount Raised: $38,000,000
Oloid

Sunnyvale, California, United States

Secure and frictionless passwordless access for frontline workers and shared devices

SaaSSoftware
Series AOct 24, 2024
Amount Raised: $6,000,000
Netskrt

Vancouver, British Columbia, Canada

Netskrt revolutionize the Internet experience by extending the reach of internet video to the outskirts of the network.

InternetInternet of ThingsVideo Streaming
Series AMay 1, 2024
Amount Raised: $7,282,738
PayShepherd

Calgary, Alberta, Canada

PayShepherd is a fintech platform that helps you manage your contractor billing.

BillingFinancial ServicesFinTech
SeedMar 6, 2024
Amount Raised: $5,180,369
Elevated Signals

Vancouver, British Columbia, Canada

Elevated Signals is shaping the future of modern manufacturing software for the emerging industries of tomorrow.

AgricultureAgTechCannabisChemical EngineeringFarmingManufacturingMineralMiningPharmaceuticalPrecious Metals
Series AFeb 27, 2024
Amount Raised: $5,838,139
Inverted AI

Vancouver, British Columbia, Canada

Inverted AI, a spinout from UBC, is building a proprietary software system that predicts human driving behavior

Artificial Intelligence (AI)Autonomous VehiclesIndustrial AutomationMachine LearningSoftware
SeedDec 14, 2023
Amount Raised: $4,000,000
ThoughtExchange

Rossland, British Columbia, Canada

ThoughtExchange is the essential enterprise tool leaders use to quickly gain unbiased, critical insights that inform decision making.

CommunitiesCrowdsourcingQ&ASoftware
Series UnknownNov 30, 2023
Amount Raised: $13,500,000
EdgeQ

Santa Clara, California, United States

EdgeQ is an information technology company that specializes in the field of 5G chip systems.

Artificial Intelligence (AI)Information TechnologyInternetSemiconductorWireless
Series BApr 19, 2023
Amount Raised: $75,000,000
ClimateAI

San Francisco, California, United States

ClimateAI is an enterprise climate platform to help companies reduce, monitor, and adapt to physical climate risks.

Artificial Intelligence (AI)Enterprise SoftwareEnvironmental Engineering
Series BApr 13, 2023
Amount Raised: $22,000,000
GoBolt

Toronto, Ontario, Canada

GoBolt provides a tech-forward approach to fulfillment and sustainable last mile delivery.

E-CommerceLast Mile TransportationLogistics
Series CDec 7, 2022
Amount Raised: $54,930,206