The Canadian AI Index

Investors / HarbourVest Partners

HarbourVest Partners

HarbourVest Partners is a venture capital firm based in the United States. HarbourVest Partners has backed 2 Canadian AI companies in the Index, joining 2 tracked rounds and leading 1. The most recent was Beacon's US$225M Series C in January 2026. HarbourVest Partners most often invests alongside BDT & MSD Partners (affiliated funds), Fidelity and General Catalyst.

VC based in US. 2 Canadian AI companies in the Index, 2 tracked rounds, 1 as lead.

Suggest a correction

Type
VC
HQ country
US
Companies
2
Tracked rounds
2
Led
1
First tracked deal
Boosted.ai, Nov 2024
Latest tracked deal
Beacon, Jan 2026

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
BeaconSeries C · Jan 2026 · US$225M round (lead)US$525MLead
Boosted.aiBridge/Extension · Nov 2024 · US$15M roundUS$15M—

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

Frequent co-investors

BDT & MSD Partners (affiliated funds) (1 shared round), Fidelity (1 shared round), General Catalyst (1 shared round), Intrepid Growth Partners (1 shared round), Journey LP (1 shared round), Lightspeed Venture Partners (1 shared round), Portage (1 shared round), RBC (1 shared round)

Data as of November 10, 2026.

Support the Index by subscribing to the newsletter.

This database updates weekly. Get the update, plus the week's Canadian AI news, by email.

Subscribe on Substack

Opens Substack in a new tab.