Graphite Ventures

Graphite Ventures is a Toronto-based seed-stage venture capital firm that invests exclusively in Canadian B2B tech companies, helping founders build capital-efficient businesses that scale globally. It launched in 2021 from the Investment Accelerator Fund, created in 2008, and has team members in Toronto, Montreal, Ottawa, Waterloo, Calgary, and Edmonton. It invests at seed in founders who have validated product-market fit and are ready to scale their go-to-market strategy, leading rounds or following, with typical checks of $500,000 to $1.5 million. Portfolio companies include Bridgit, Cavelo, MedMe, Nicoya, e-Zinc, Intellijoint, Odaia, Welbi, Waitwell, ENVGO, Protexxa, and Shinydocs. As former operators, the team serves as early-stage finance, governance, and advisory partners, helping founders with investment timing, deal structure, follow-on investors, and exit optionality, plus mentors and subject matter experts. Graphite favors sustainable growth over the raise-and-dilute cycle, and its diligence includes talking to a company’s existing customers.