First Ascent Ventures Overview

  • Investor Type
  • Venture Capital

  • Status
  • Active

  • Professionals
  • 6

Professionals

  • Investments
  • 37

  • Portfolio
  • 14

  • Exits
  • 7

Exits

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 the technology companies operating in the machine learning, internet of things, artificial intelligence, big data, cloud, software, mobile, and analytics sectors.

Business Details

Formerly Known As
OpenText Enterprise Apps Fund
Year Founded
2015
Investor Status
Actively Seeking New Investments
Primary Investor Type
Venture Capital
Corporate Office
  • 10 King Street East
  • Suite 900
  • Toronto, Ontario M5C 1C3
  • Canada
+1 (416)

First Ascent Ventures Investments (37)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Darwin CX 28-Jan-2025 Later Stage VC 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
Shinydocs 15-Mar-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 Compliance 31-Dec-2021 Later Stage VC Business/Productivity Software Generating Revenue
You’re viewing 10 of 37 investments. Get the full list »

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First Ascent Ventures Exits (7)

Company Name Exit Date Exit Type Exit Size
Assent Compliance 28-Nov-2024 Buyout/LBO
Q4 30-Jan-2024
Sensibill 03-Oct-2022
Q4 22-Oct-2021
Upchain 11-May-2021
Dialogue Health Technologies 30-Mar-2021 IPO
Rubikloud 02-Jul-2020 Merger/Acquisition
To view First Ascent Ventures’s complete exits history, request access »

First Ascent Ventures Fund Performance

Fund Name Vintage Size Dry Powder DPI RVPI TVPI IRR

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First Ascent Ventures Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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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.

  • 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 Darwin CX, Thentia Cloud, and Osano within the Business/Productivity Software industry.

  • What has First Ascent Ventures invested in recently?

    First Ascent Ventures's latest investment was on 28-Jan-2025 in Darwin CX, a company within the Business/Productivity Software industry.

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