The Canadian AI Index

Investors / FirstMark Capital

FirstMark Capital

FirstMark Capital is a venture capital firm based in the United States. FirstMark Capital has backed 2 Canadian AI companies in the Index, joining 4 tracked rounds and leading 2. The most recent was MinervaAI's C$12M Series A in March 2024. FirstMark Capital most often invests alongside Bessemer Venture Partners, Burst Capital and Version One Ventures.

VC based in US. 2 Canadian AI companies in the Index, 4 tracked rounds, 2 as lead.

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Type
VC
HQ country
US
Companies
2
Tracked rounds
4
Led
2
First tracked deal
Ada, Dec 2018
Latest tracked deal
MinervaAI, Mar 2024

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
MinervaAISeries A · Mar 2024 · C$12M round (lead)C$12MLead
AdaSeries A · Dec 2018 · C$19M round (lead)Series B · Mar 2020 · US$44M roundSeries C · May 2021 · US$130M roundC$245.1MLed Series A

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

Frequent co-investors

Bessemer Venture Partners (3 shared rounds), Burst Capital (3 shared rounds), Version One Ventures (3 shared rounds), Accel (2 shared rounds), Leaders Fund (2 shared rounds), Barney Pell (1 shared round), Spark Capital (1 shared round), Tiger Global (1 shared round)

Data as of November 10, 2026.

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