At a Glance
Panache Ventures was founded in 2016 by Patrick Lor and Paul Murphy with a mission to become Canada's most active pre-seed investor. The firm focuses on backing technical founders at the earliest stages, typically writing first checks between $25K-$250K. What sets Panache apart is their high-volume approach to pre-seed investing, making over 100 investments annually and building a reputation as one of the most founder-friendly funds in the Canadian ecosystem. The firm operates with a thesis that technical founders building innovative solutions across enterprise software, AI, consumer technology, and SaaS represent the best early-stage opportunities. Panache has built strong relationships with accelerators, universities, and the broader Canadian startup ecosystem to maintain deal flow. Their approach emphasizes speed of decision-making and providing value beyond capital through their network and operational expertise. The firm has established itself as a key player in the Canadian venture landscape, often serving as the bridge between angel investors and larger institutional rounds.
“Canada's most active pre-seed investor, backing technical founders with big ambitions.”
Panache Ventures primarily invests at the Pre-Seed, Seed stages. This means they focus on companies that are at the earliest idea or prototype phase.
Panache Ventures is headquartered in Calgary, Canada. Many of their portfolio companies are also based in this region, though they invest across geographies.
Panache Ventures focuses on investments in Enterprise, AI, Consumer, SaaS. Their portfolio reflects deep expertise and networks within these sectors.
Panache Ventures's typical investment check size ranges from $100K to $1M. Actual amounts may vary based on the stage, sector, and specific opportunity.
Panache Ventures manages approximately $100M+ in assets under management (AUM) across their funds.