N49P Ventures
Status
ACTIVE
Global HQ
Toronto, Canada
Countries of investment
- Canada
- United States
- United Kingdom
Investment stages
- Pre-Seed
- Seed
- Series A
Industries
- Enterprise Software
- AI
- FinTech
- Marketplaces
- Consumer Tech
- SaaS
About
N49P Ventures is a Toronto-based VC focused on early-stage Canadian and North American technology startups. Their focus spans enterprise software, AI, FinTech, marketplaces, and consumer tech across Canada, the United States, and the United Kingdom. The firm supports founders from Pre-Seed through Series A.
N49P Ventures is a Toronto-based VC focused on early-stage Canadian and North American technology startups. Their focus spans enterprise software, AI, FinTech, marketplaces, and consumer tech across Canada, the United States, and the United Kingdom. The firm supports founders from Pre-Seed through Series A.
Investment Thesis
N49P Ventures is an early-stage venture capital firm deploying capital across enterprise software, AI, FinTech, marketplaces, and consumer technology sectors with a focus on Canadian and North American founders. They invest in pre-seed and seed-stage founders building category-defining technology companies leveraging the strength of Canada's tech ecosystem above the 49th parallel. The firm differentiates itself through its Toronto positioning, dedicated focus on Canadian and North American founders, operator-investor expertise, and concentrated conviction-based investment approach.
Manager's Experience
The N49P Ventures founding team brings combined operator-investor expertise from Canadian and North American tech ecosystems with dedicated focus on supporting Canadian founders building globally-relevant technology companies. The team operates from Toronto with concentrated conviction-based bets across enterprise software, AI, FinTech, and consumer tech sectors, leveraging deep relationships across Canada's leading universities, accelerators, and venture ecosystems above the 49th parallel.
Team
Doug Penick - Founding Partner
Alex Norman - Founding Partner
Omar Dhalla - Founding Partner
Portfolio
Visualping
Rally
Spellbook
EvenUp
Quandri
Mave AI
Kento Health
TrySlateHQ
Safekeep
Aeon
Synex
Appetronix
AssistIQ
Remitian
Jiffy
HyperComply
Mayday