Investors / Draper Associates
Draper Associates
Draper Associates is a venture capital firm based in the United States. Draper Associates has backed 3 Canadian AI companies in the Index, joining 3 tracked rounds and leading 1. The most recent was Clerq (formerly NLPatent)'s US$3M venture round in September 2025. Draper Associates most often invests alongside Drive Capital, First Star Ventures and Hustle Fund Angel Squad.
VC based in US. 3 Canadian AI companies in the Index, 3 tracked rounds, 1 as lead.
- Type
- VC
- HQ country
- US
- Companies
- 3
- Tracked rounds
- 3
- Led
- 1
- First tracked deal
- Alexi, Jun 2024
- Latest tracked deal
- Clerq (formerly NLPatent), Sep 2025
Portfolio
| Company | Rounds joined (date, round size) | Company's total raised | Role |
|---|---|---|---|
| Clerq (formerly NLPatent) | Venture round · Sep 2025 · US$3M round (lead) | US$3M | Lead |
| Phaseshift Technologies | Seed · Oct 2024 · US$3M round | US$3M | — |
| Alexi | Series A · Jun 2024 · US$11M round | US$11M | — |
A round's size is the whole round as announced, not this investor's cheque.
Frequent co-investors
Drive Capital (1 shared round), First Star Ventures (1 shared round), Hustle Fund Angel Squad (1 shared round), Innospark Ventures (1 shared round), Mighty Capital (1 shared round), Storytime Capital (1 shared round), The LegalTech Fund (1 shared round), The51 (1 shared round)
Data as of November 10, 2026.