At a Glance
OMERS Ventures is the venture capital arm of OMERS, one of Canada's largest pension funds managing over $120 billion in assets. Founded in 2011, the firm leverages the patient capital and long-term investment horizon of its pension fund parent to support high-growth technology companies. Unlike traditional VC firms operating on 10-year fund cycles, OMERS Ventures can take a more patient approach to exits and company building. The firm focuses on Series A through growth-stage investments across enterprise software, fintech, marketplaces, and consumer technology sectors. Led by managing partners including Damien Steel and Mark Mullen, OMERS Ventures has built a reputation for supporting Canadian tech champions while also investing across North America and Europe. Notable investments include early backing of Shopify, which became one of Canada's most valuable public companies, as well as travel platform Hopper and pet services marketplace Rover. The firm's unique positioning as a pension-backed investor allows it to offer founders both capital and strategic value beyond what traditional VCs can provide.
“Provides patient, long-term capital from one of Canada's largest pension funds to growth-stage technology companies.”
OMERS Ventures primarily invests at the Series A, Series B+ stages. This means they focus on companies that are scaling their go-to-market after proving product-market fit.
OMERS Ventures is headquartered in Toronto, Canada. Many of their portfolio companies are also based in this region, though they invest across geographies.
OMERS Ventures focuses on investments in Enterprise, SaaS, AI, Fintech, Marketplace. Their portfolio reflects deep expertise and networks within these sectors.
OMERS Ventures's typical investment check size ranges from $5M to $50M. Actual amounts may vary based on the stage, sector, and specific opportunity.
OMERS Ventures manages approximately $3B in assets under management (AUM) across their funds.