The Canadian AI Index

Investors / Spark Capital

Spark Capital

Spark Capital is a venture capital firm based in the United States. Spark Capital has backed 3 Canadian AI companies in the Index, joining 3 tracked rounds and leading 2. The most recent was Boosted.ai's US$15M bridge round in November 2024. Spark Capital most often invests alongside Accel, Altman Capital and Bessemer Venture Partners.

VC based in US. 3 Canadian AI companies in the Index, 3 tracked rounds, 2 as lead.

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Type
VC
HQ country
US
Companies
3
Tracked rounds
3
Led
2
First tracked deal
Ada, May 2021
Latest tracked deal
Boosted.ai, Nov 2024

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
Boosted.aiBridge/Extension · Nov 2024 · US$15M roundUS$15M—
DurableSeries A · Dec 2023 · US$14M round (lead)US$14MLead
AdaSeries C · May 2021 · US$130M round (lead)C$245.1MLead

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

Frequent co-investors

Accel (1 shared round), Altman Capital (1 shared round), Bessemer Venture Partners (1 shared round), Burst Capital (1 shared round), Dash Fund (1 shared round), Fidelity (1 shared round), FirstMark Capital (1 shared round), HarbourVest Partners (1 shared round)

Data as of November 10, 2026.

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