Company lists · Data refreshed September 2026

Top 25 Impact investing venture capital firms based in Canada

Name: Impact investing venture capital firms based in Canada
Creator: RevenueBase
License: https://creativecommons.org/licenses/by/4.0/

Compiled by the RevenueBase Data Team Data refreshed Sep 28, 2026 188 companies tracked

RevenueBase identified 188 impact investing venture capital firms headquartered in Canada as of September 2026 and tracks 1,028 professional contacts across them, including 446 with verified work emails. Toronto is the largest hub.

This list covers impact investing venture capital firms headquartered in Canada, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 28, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 28, 2026 86% judged on-target in blind review

188Companies

1,028Contacts tracked

446Verified emails

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The 25 largest impact investing venture capital firms based in Canada

Ranked by team size

Top 25 of 188 impact investing venture capital firms based in Canada, ranked by team size, largest first. Data refreshed Sep 28, 2026. RevenueBase Smart Search rates how each company's information relates to impact investing venture capital firms: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#	Company	RevenueBase Smart Search	Headquarters	Employees	Contacts
1	Inovia Capital	Strong evidence	Montreal, QC, CanadaHQ checked Sep 28, 2026	51-200	89 contacts →
	Strong evidence “Inovia Capital partners with founders to build impactful and enduring global companies.” Source: RevenueBase Database · checked Sep 28, 2026
2	Spring	Partial evidence	Vancouver, BC, CanadaHQ checked Sep 28, 2026	11-50	49 contacts →
	Partial evidence “We are a global community of impact founders and investors, connected to create a sustainable, healthy & equitable world.” Source: RevenueBase Database · checked Sep 28, 2026
3	Elevation Capital	Strong evidence	Vancouver, BC, CanadaHQ checked Sep 28, 2026	11-50	44 contacts →
	Strong evidence “Elevation Capital is an early-stage venture fund that invests in globally impactful companies united by a common vision of humanity as the highest purpose.” Source: RevenueBase Database · checked Sep 28, 2026
4	Sheridan Edge	Indirect evidence	Mississauga, ON, CanadaHQ checked Sep 28, 2026	n/a	36 contacts →
	Indirect evidence “EDGE is a vibrant community of people from all backgrounds and walks of life who believe entrepreneurship can make lasting change in society.” Source: RevenueBase Database · checked Sep 28, 2026
5	Sarona Asset Management	Partial evidence	Kitchener, ON, CanadaHQ checked Sep 28, 2026	11-50	32 contacts →
	Partial evidence “Sarona Asset Management (Sarona) is a global impact investment firm, focusing on performance and purpose in private equity emerging markets.” Source: RevenueBase Database · checked Sep 28, 2026
6	Yaletown Partners	Indirect evidence	Vancouver, BC, CanadaHQ checked Sep 28, 2026	11-50	26 contacts →
	Indirect evidence “Yaletown Partners is dedicated to closing the emerging-growth stage investment gap faced by technology companies.” Source: RevenueBase Database · checked Sep 28, 2026
7	Real Ventures	Partial evidence	Montreal, QC, CanadaHQ checked Sep 28, 2026	11-50	24 contacts →
	Partial evidence “Real Ventures is an early-stage venture firm focused on serving daring entrepreneurs with the ambition to create successful, global companies.” Source: RevenueBase Database · checked Sep 28, 2026
8	Cycle Capital	Strong evidence	Montreal, QC, CanadaHQ checked Sep 28, 2026	11-50	23 contacts →
	Strong evidence “Founded in 2009, Cycle Capital is a leading venture capital firm that manages a platform of seven funds investing in North America and Europe.” Source: RevenueBase Database · checked Sep 28, 2026
9	Climatedoor	Partial evidence	Vancouver, BC, CanadaHQ checked Sep 28, 2026	11-50	22 contacts →
	Partial evidence “ClimateDoor is a leading venture builder dedicated to accelerating climate ventures.” Source: RevenueBase Database · checked Sep 28, 2026
10	Framework Venture Partners	Strong evidence	Toronto, ON, CanadaHQ checked Sep 28, 2026	11-50	20 contacts →
	Strong evidence “FRAMEWORK was founded in 2018 and has set the benchmark for active capital investing for early-stage companies.” Source: RevenueBase Database · checked Sep 28, 2026
11	Arctern Ventures	Strong evidence	Toronto, ON, CanadaHQ checked Sep 28, 2026	11-50	18 contacts →
	Strong evidence “ArcTern Ventures is a venture capital firm obsessed with helping solve the climate crisis and rethinking sustainability.” Source: RevenueBase Database · checked Sep 28, 2026
12	Pangaea Ventures	Partial evidence	Vancouver, BC, CanadaHQ checked Sep 28, 2026	1-10	16 contacts →
	Partial evidence “For over 20 years, Pangaea Ventures has been at the forefront of hard tech innovation.” Source: RevenueBase Database · checked Sep 28, 2026
13	Clear Skies Investment Management	Strong evidence	Montréal, QC, CanadaHQ checked Sep 28, 2026	1-10	15 contacts →
	Strong evidence “Clear Skies is a boutique investment firm that combines rigorous financial performance strategies with the transformative power of impact investing.” Source: RevenueBase Database · checked Sep 28, 2026
14	Elemental Energy	Indirect evidence	Vancouver, BC, CanadaHQ checked Sep 28, 2026	11-50	14 contacts →
	Indirect evidence “Elemental Energy Inc.” Source: RevenueBase Database · checked Sep 28, 2026
15	Igan Partners	Indirect evidence	Toronto, ON, CanadaHQ checked Sep 28, 2026	11-50	14 contacts →
	Indirect evidence “Based in Toronto, we partner with exceptional founders focused on commercializing and scaling technological advancements in healthcare.” Source: RevenueBase Database · checked Sep 28, 2026
16	Evok Innovations	Strong evidence	Vancouver, BC, CanadaHQ checked Sep 28, 2026	11-50	13 contacts →
	Strong evidence “Evok Innovations is a leading climate-focused venture capital firm investing in hard tech solutions for heavy industry.” Source: RevenueBase Database · checked Sep 28, 2026
17	Active Impact Investments	Partial evidence	Vancouver, BC, CanadaHQ checked Sep 28, 2026	1-10	13 contacts →
	Partial evidence “Founded in 2018, Active Impact Investments is a Certified BCorp based in Vancouver, BC, whose mission is to support environmental sustainability through profitable investment.” Source: RevenueBase Database · checked Sep 28, 2026
18	TWO Small Fish Ventures	Strong evidence	Toronto, ON, CanadaHQ checked Sep 28, 2026	1-10	12 contacts →
	Strong evidence “Two Small Fish Ventures (TSF) is a seed-stage deep tech venture capital firm that invests globally in the next frontier of computing and its applications.” Source: RevenueBase Database · checked Sep 28, 2026
19	Climate Innovation Capital	Strong evidence	Toronto, ON, CanadaHQ checked Sep 28, 2026	1-10	12 contacts →
	Strong evidence “Climate Innovation Capital (CIC) is a growth equity fund investing in technology and service businesses focused on climate change.” Source: RevenueBase Database · checked Sep 28, 2026
20	Numus Financial INC	Strong evidence	Halifax, NS, CanadaHQ checked Sep 28, 2026	11-50	11 contacts →
	Strong evidence “Numus Financial is a Halifax, Nova Scotia based venture capital firm focused on early-stage, high-growth companies.” Source: RevenueBase Database · checked Sep 28, 2026
21	Good & Well INC	Partial evidence	North York, ON, CanadaHQ checked Sep 28, 2026	1-10	11 contacts →
	Partial evidence “Good & Well is a boutique impact investment firm based in Toronto, Canada that invests in and supports inspiring entrepreneurs driving social change.” Source: RevenueBase Database · checked Sep 28, 2026
22	Boreal Ventures	Strong evidence	Montreal, QC, CanadaHQ checked Sep 28, 2026	1-10	11 contacts →
	Strong evidence “Boreal Ventures is a Canadian venture capital firm backing founders building durable, capital-efficient businesses in overlooked industries.” Source: RevenueBase Database · checked Sep 28, 2026
23	Renewal Funds	Strong evidence	Vancouver, BC, CanadaHQ checked Sep 28, 2026	11-50	10 contacts →
	Strong evidence “Renewal Funds is a mission venture capital firm investing in early growth stage companies in Canada and the United States.” Source: RevenueBase Database · checked Sep 28, 2026
24	Boxone Ventures	Strong evidence	Montreal, QC, CanadaHQ checked Sep 28, 2026	1-10	10 contacts →
	Strong evidence “BoxOne Ventures is a privately held investment firm that focuses on early-stage companies across the most impactful, interesting and fast-changing sectors.” Source: RevenueBase Database · checked Sep 28, 2026
25	Conconi Growth Partners	Indirect evidence	Vancouver, BC, CanadaHQ checked Sep 28, 2026	1-10	9 contacts →
	Indirect evidence “Conconi Growth Partners is committed to helping exceptional entrepreneurs build great companies.” Source: RevenueBase Database · checked Sep 28, 2026

RevenueBase Smart Search

RevenueBase Smart Search assesses information from a company’s LinkedIn profile, information supplied directly by the company, its website, and other publicly available sources. It uses that information to rate how closely the company relates to this list’s category: impact investing venture capital firms. Every row carries its rating and the description the rating was read from, so each one can be checked rather than taken on trust.

Strong evidence: The company's own public description of its business names impact investing venture capital firms.
Partial evidence: Its own public description names part of impact investing venture capital firms, so it works in or next to the category without describing itself that way.
Indirect evidence: The description shown does not name impact investing venture capital firms. The match rests on the rest of the company's public profile rather than the one sentence quoted here, so this is the rating to check first.

RevenueBase Smart Search is how these lists are built: RevenueBase's data engine and AI assemble the companies that match a category defined in a user's own words, so a list can be about what companies actually do rather than about whichever industry code they were filed under.

Showing 25 of 188 impact investing venture capital firms based in Canada

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Impact investing venture capital firms based in Canada at a glance

As of Sep 28, 2026

43.4%Verified-email coverage

5.5Average contacts per company

1-10Median size (employees)

37.2%Largest-city concentration · Toronto

Sep 28, 2026Page data refreshed

Companies by employee count

1-10

144

11-50

51-200

Email recency for this list is measured worldwide rather than for Canada, so it is reported there. Company counts and contact totals on this page are exact for Canada, over 188 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among impact investing venture capital firms, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source: The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies: Companies headquartered in Canada whose own description of what they do matches “impact investing venture capital firms”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search: RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names impact investing venture capital firms), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude: Companies whose own description does not clearly place them among impact investing venture capital firms, and records with no verified work email. Companies headquartered outside Canada are excluded even when they keep an office there.
Match quality: In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking: Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification: Every listed company carries at least one verified work email, 446 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh: This page's figures were pulled from the company graph on September 28, 2026. Lists refresh periodically as the graph is re-checked.
Corrections: Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Impact investing venture capital firms by metro

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names impact investing venture capital firms, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many impact investing venture capital firms are there based in Canada?

RevenueBase identified 188 impact investing venture capital firms headquartered in Canada as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Inovia Capital, headquartered in Montreal, tops this list with the largest team on record.

Which city has the most impact investing venture capital firms?

Toronto leads with 70 headquartered companies, followed by Vancouver (36) and Montreal (23).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 446 verified decision-maker contacts tracked across these 188 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 28, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.