First Ascent Ventures Overview
- Investor Type
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Venture Capital
- Status
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Active
- Professionals
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6
- Investments
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37
- Portfolio
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13
- Exits
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8
First Ascent Ventures General Information
Company Description
Founded in 2015, First Ascent Ventures is a venture capital firm based in Toronto, Canada. The firm prefers to invest in technology companies operating in the machine learning, internet of things, artificial intelligence, privacy, 5g, big data, cloud, software, mobile, and analytics sectors.
Business Details
Website
www.firstascentventures.comYear Founded
Investor Status
Primary Investor Type
Corporate Office
- 10 King Street East
- Suite 900
- Toronto, Ontario M5C 1C3
- Canada
First Ascent Ventures Investments (37)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Shinydocs | 15-Aug-2025 | Later Stage VC | Database Software | Generating Revenue | ||
| Darwin CX | 28-Jan-2025 | Business/Productivity Software | Generating Revenue | |||
| Thentia Cloud | 26-Jan-2024 | Business/Productivity Software | Generating Revenue | |||
| Osano | 10-Aug-2023 | Business/Productivity Software | Generating Revenue | |||
| Burai | 17-Jul-2023 | Business/Productivity Software | Generating Revenue | |||
| Darwin CX | 01-Dec-2022 | Business/Productivity Software | Generating Revenue | |||
| Potloc | 21-Jun-2022 | Media and Information Services (B2B) | Generating Revenue | |||
| LinkSquares | 18-Mar-2022 | Business/Productivity Software | Generating Revenue | |||
| Andgo (Business/Productivity Software) | 01-Feb-2022 | Later Stage VC | Business/Productivity Software | Generating Revenue | ||
| Assent (Ottawa) | 31-Dec-2021 | Later Stage VC | Business/Productivity Software | Generating Revenue |
First Ascent Ventures Exits (8)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Sportlogiq | 16-Jan-2026 | Merger/Acquisition | |
| Q4 | 05-Feb-2025 | ||
| Assent (Ottawa) | 28-Nov-2024 | ||
| Sensibill | 03-Oct-2022 | ||
| Q4 | 22-Oct-2021 | ||
| Upchain | 11-May-2021 | ||
| Dialogue (Outcome Management (Healthcare)) | 30-Mar-2021 | IPO | |
| Rubikloud | 02-Jul-2020 | Merger/Acquisition |
First Ascent Ventures Fund Performance
| Fund Name | Vintage | Size | Dry Powder | DPI | RVPI | TVPI | IRR |
|---|
First Ascent Ventures Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
First Ascent Ventures Co-Investors (35)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Business Development Bank of Canada | 3 |
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| BDC Capital |
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| Jump Capital |
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| Baird Capital |
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| Sorenson Capital |
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First Ascent Ventures FAQs
-
What is First Ascent Ventures?
Founded in 2015, First Ascent Ventures is a venture capital firm based in Toronto, Canada.
-
When was First Ascent Ventures founded?
First Ascent Ventures was founded in 2015.
-
Where is First Ascent Ventures headquartered?
First Ascent Ventures is headquartered in Toronto, Canada.
-
What is First Ascent Ventures's total asset value?
First Ascent Ventures has around in total assets under management.
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How many investments has First Ascent Ventures made?
First Ascent Ventures has made 37 investments.
-
What has First Ascent Ventures invested in?
First Ascent Ventures has made numerous investments in companies like Shinydocs, Darwin CX, and Thentia Cloud within the Database Software and Business/Productivity Software industries.
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What has First Ascent Ventures invested in recently?
First Ascent Ventures's latest investment was on 15-Aug-2025 in Shinydocs, a company within the Database Software industry.
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