Innovacorp

Total investments

226

Average round size

999K

Portfolio companies

157

Rounds per year

7.79

Lead investments

14

Follow on index

0.31

Exits

11

Stages of investment
SeedEarly Stage Venture
Areas of investment
BiotechnologyInternetSoftwareInformation TechnologyArtificial IntelligenceHealth CareSaaSManufacturingMedical DeviceMedical

Summary

Innovacorp appeared to be the VC, which was created in 1995. The company was established in North America in Canada. The main office of represented VC is situated in the Halifax.

The standard case for the fund is to invest in rounds with 2-3 partakers. Despite the Innovacorp, startups are often financed by Atlantic Canada Opportunities Agency, Creative Destruction Lab, Technology Venture Corporation. The meaningful sponsors for the fund in investment in the same round are MEDTEQ, Anges Quu00e9bec Capital, Anges Quebec. In the next rounds fund is usually obtained by Pangaea Ventures, UTStarcom, Technology Venture Corporation.

The overall number of key employees were 7.

Opposing the other organizations, this Innovacorp works on 24 percentage points less the average amount of lead investments. When the investment is from Innovacorp the average startup value is 10-50 millions dollars. The fund is constantly included in 2-6 deals per year. The top activity for fund was in 2016. Speaking about the real fund results, this VC is 4 percentage points less often commits exit comparing to other organizations. Deals in the range of 1 - 5 millions dollars are the general things for fund.

Among the most popular fund investment industries, there are Medical Device, SaaS. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. The fund has no specific favorite in a number of founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Canada. Among the various public portfolio startups of the fund, we may underline Swept, Optina Diagnostics, SimplyCast

Show more

Investments analytics

Analytics

Total investments
226
Lead investments
14
Exits
11
Rounds per year
7.79
Follow on index
0.31
Investments by industry
  • Software (49)
  • Information Technology (40)
  • Health Care (39)
  • Biotechnology (34)
  • Medical (27)
  • Show 176 more
Investments by region
  • Canada (211)
  • United States (8)
  • United Kingdom (1)
  • Australia (1)
Peak activity year
2019

Discover reliable insights

Leverage validated data, identify key contacts and secure funding opportunities for your business.

Quantitative data

Avg. startup age at the time of investment
8
Avg. valuation at time of investment
1M
Group Appearance index
0.46
Avg. company exit year
9
Avg. multiplicator
0.12

Need more data?

Get access to full data about investors, including their team, contact information, and historic data.

Latest deals

Company name Deal date Industry Deal stage Deal size Location
B-Line 01 Nov 2018 Cyber Security, Security, Property Management, Life Science, Internet of Things, Commercial Real Estate, Cloud Security, Predictive Analytics Seed 100K Nova Scotia, Halifax, Canada
Haituanjian 13 May 2015 Human Resources, Professional Services, Enterprise Resource Planning (ERP) Seed 463K Shanghai, China
Proposify 09 Jun 2020 Internet, Software Early Stage Venture 8M Nova Scotia, Halifax, Canada

Similar funds

By same location

By same geo focus

By doing lead investments

How we get our data

At Unicorn Nest, we combine cutting-edge technology with human expertise to build one of the most reliable venture capital databases in the market. Our process begins with automated AI-enhanced data collection, leveraging the full potential of Large Language Models (LLMs).

Later, our team of analysts takes it further with manual verification, using proprietary tools for data cleaning and validation to ensure accuracy and reliability. We cross-check and enhance our findings through press and media monitoring, integrating information from trusted news outlets and venture capital aggregators. Finally, we stay ahead of the curve by monitoring social networks like LinkedIn and X.com.