The Canadian AI Index

Investors / Burst Capital

Burst Capital

Burst Capital is a venture capital firm based in Canada. Burst Capital has backed 2 Canadian AI companies in the Index, joining 4 tracked rounds. The most recent was Sibli's US$4.5M seed round in February 2024. Burst Capital most often invests alongside Bessemer Venture Partners, FirstMark Capital and Version One Ventures.

VC based in Canada. 2 Canadian AI companies in the Index, 4 tracked rounds.

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Type
VC
HQ country
Canada
Companies
2
Tracked rounds
4
Led
0
First tracked deal
Ada, Dec 2018
Latest tracked deal
Sibli, Feb 2024

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
SibliSeed · Feb 2024 · US$4.5M roundC$7.3M—
AdaSeries A · Dec 2018 · C$19M roundSeries B · Mar 2020 · US$44M roundSeries C · May 2021 · US$130M roundC$245.1M—

A round's size is the whole round as announced, not this investor's cheque.

Frequent co-investors

Bessemer Venture Partners (3 shared rounds), FirstMark Capital (3 shared rounds), Version One Ventures (3 shared rounds), Accel (2 shared rounds), Leaders Fund (2 shared rounds), Barney Pell (1 shared round), MaRS Investment Accelerator Fund (1 shared round), Spark Capital (1 shared round)

Data as of November 10, 2026.

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