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500 Startups Canada functions as a geo-fund and accelerator under the global 500 Global venture capital firm, investing in seed-stage startups across Canada. It delivers structured programs offering founders critical tools, mentorship, and coaching. These initiatives foster scalable tech ventures, exemplified by regional programs like the Alberta Accelerator by 500.
This Canadian entity extends the accelerator model pioneered by 500 Global, established in 2010 as 500 Startups, which redefined early-stage venture capital. The geo-fund localizes this proven methodology, adapting global best practices to bolster regional innovation ecosystems. Its formation reflects a strategic effort to support Canadian entrepreneurial growth.
Its programs cater to early-stage startup founders throughout Canada, guiding participants to build and scale businesses. 500 Startups Canada aims to advance national tech innovation. The long-term vision involves fostering a robust, globally competitive startup ecosystem, empowering Canadian founders for widespread impact.
Key people at 500 Startups Canada.
500 Startups Canada was founded in 2016 by Neha Khera (Co-founder & Partner).
500 Startups Canada has 3 tracked investments across 3 companies. The latest tracked deal is $24.0M Series B in Avidbots Corp. in March 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 1, 2019 | Avidbots Corp. | $24.0M Series B | True Ventures | 2XN, Alumni Ventures, B Capital Group, BDC Venture Capital, DNX Ventures, Founders Fund, Granite Asia, Kleiner Perkins, Prithvi Ventures, Seraphim Space, SOSV, Space Capital, YES VC, Dylan Field, Dylan Taylor, Edvard Engesæth, Will Whitehorn, GGV Capital, Kensington Capital Partners, Next47, Real Ventures |
| May 1, 2018 | Motorleaf | $3.0M Seed | Kirk Haney | Metanoia, Claire Diaz Ortiz, BDC Capital, Desjardins Capital, Lars Roessler, Real Ventures |
| Jun 14, 2017 | Local Logic | $1.1M Other Equity | Andrée Lise Méthot | BDC, Yellow Pages |
Key people at 500 Startups Canada.