The Canadian AI Index

Investors / Version One Ventures

Version One Ventures

Version One Ventures is a venture capital firm based in Canada. Version One Ventures has backed 4 Canadian AI companies in the Index, joining 5 tracked rounds. The most recent was Ada's US$130M Series C in May 2021. Version One Ventures most often invests alongside Bessemer Venture Partners, Burst Capital and FirstMark Capital.

VC based in Canada. 4 Canadian AI companies in the Index, 5 tracked rounds.

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Type
VC
HQ country
Canada
Companies
4
Tracked rounds
5
Led
0
First tracked deal
Clio, Mar 2014
Latest tracked deal
Ada, May 2021
Website
versionone.vc

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
AdaSeed · Jul 2017 · C$2.5M roundSeries A · Dec 2018 · C$19M roundSeries B · Mar 2020 · US$44M roundSeries C · May 2021 · US$130M roundC$245.1M—
ClioSeries C · Mar 2014 · US$20M roundUS$1.8B—
Moment Energy*—US$40M—
Optimotive*———

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

Bessemer Venture Partners (5 shared rounds), Burst Capital (3 shared rounds), FirstMark Capital (3 shared rounds), Accel (2 shared rounds), Leaders Fund (2 shared rounds), Acton Capital (1 shared round), Barney Pell (1 shared round), Point Nine (1 shared round)

Data as of November 10, 2026.

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