The Canadian AI Index

Investors / Portage

Portage

Portage is a venture capital firm based in Canada. Portage has backed 7 Canadian AI companies in the Index, joining 6 tracked rounds and leading 3. The most recent was Tilt's US$7.1M seed round in September 2025. Portage most often invests alongside Golden Ventures, BDC Growth Venture Fund and BNY.

VC based in Canada. 7 Canadian AI companies in the Index, 6 tracked rounds, 3 as lead.

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Type
VC
HQ country
Canada
Companies
7
Tracked rounds
6
Led
3
First tracked deal
Boosted.ai, Nov 2024
Latest tracked deal
Tilt, Sep 2025
Website
sagard.com

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
TiltSeed · Sep 2025 · US$7.1M round (lead)US$7.1MLead
Conquest PlanningSeries B · Jun 2025 · US$80M roundC$132.8M—
Fiscal.aiSeries A · Jun 2025 · US$10M round (lead)C$19.3MLead
NovistoSeries C · May 2025 · US$27M roundC$37.9M—
EvoloSeed · Dec 2024 · US$3M round (lead)US$3MLead
Boosted.aiBridge/Extension · Nov 2024 · US$15M roundUS$15M—
Dialogue*———

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

* Held per the firm's portfolio page or reported coverage, without a round tracked in the Index.

Frequent co-investors

Golden Ventures (2 shared rounds), BDC Growth Venture Fund (1 shared round), BNY (1 shared round), Canapi Ventures (1 shared round), Citi Ventures (1 shared round), Cumberland Investments (1 shared round), Diagram Ventures (1 shared round), Fidelity (1 shared round)

Data as of November 10, 2026.

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