Investors / Drive Capital
Drive Capital
Drive Capital is a venture capital firm based in the United States. Drive Capital has backed 4 Canadian AI companies in the Index, joining 6 tracked rounds and leading 5. The most recent was Yolando's US$5M venture round in January 2026. Drive Capital most often invests alongside 1517 Fund, Alumni Ventures and Bonin Capital.
VC based in US. 4 Canadian AI companies in the Index, 6 tracked rounds, 5 as lead.
- Type
- VC
- HQ country
- US
- Companies
- 4
- Tracked rounds
- 6
- Led
- 5
- First tracked deal
- Yolando, Mar 2023
- Latest tracked deal
- Yolando, Jan 2026
Portfolio
| Company | Rounds joined (date, round size) | Company's total raised | Role |
|---|---|---|---|
| Yolando | Pre-seed · Mar 2023 · US$500K round (lead)Seed · Nov 2023 · US$3M round (lead)Venture round · Jan 2026 · US$5M round (lead) | US$8.5M | Lead |
| Chatforce | Pre-seed · Nov 2025 · C$2.1M round (lead) | C$2.1M | Lead |
| Astrus | Seed · Aug 2025 · US$8M round | US$22.4M | — |
| Alexi | Series A · Jun 2024 · US$11M round (lead) | US$11M | Lead |
A round's size is the whole round as announced, not this investor's cheque.
Frequent co-investors
1517 Fund (1 shared round), Alumni Ventures (1 shared round), Bonin Capital (1 shared round), Draper Associates (1 shared round), Expansion Venture Capital (1 shared round), Khosla Ventures (1 shared round), Mistral Venture Partners (1 shared round), MVP Ventures (1 shared round)
Data as of November 10, 2026.