The Canadian AI Index

Investors / Pelorus VC

Pelorus VC

Pelorus VC is a venture capital firm based in Canada. Pelorus VC has backed 2 Canadian AI companies in the Index, joining 3 tracked rounds. The most recent was CoLab Software's US$72M Series C in November 2025. Pelorus VC most often invests alongside Concrete Ventures, Good News Ventures and Killick Capital.

VC based in Canada. 2 Canadian AI companies in the Index, 3 tracked rounds.

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Type
VC
HQ country
Canada
Companies
2
Tracked rounds
3
Led
0
First tracked deal
Spellbook, Dec 2019
Latest tracked deal
CoLab Software, Nov 2025

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
CoLab SoftwareSeries C · Nov 2025 · US$72M roundUS$72M—
SpellbookPre-seed · Dec 2019 · C$750K roundSeed · May 2023 · US$10.9M roundC$113.3M—

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

Frequent co-investors

Concrete Ventures (2 shared rounds), Good News Ventures (2 shared rounds), Killick Capital (2 shared rounds), Bling Capital (1 shared round), Inovia Capital (1 shared round), Insight Partners (1 shared round), Intrepid Growth Partners (1 shared round), Moxxie Ventures (1 shared round)

Data as of November 10, 2026.

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