hello@velocity.fund:~/waterloo$ invest --stage pre-seed --speed "2 weeks" --founders "ambitious"

Canada's pre-seed fund for founders who
move fast.

We back technical founders from Waterloo and beyond — with a decision in two weeks, every time. No ambiguity. No circus.

Tell Us About Your Company → View Portfolio
1 in 4
Canadian unicorn founders
are from Waterloo
2 weeks
First meeting
to term sheet
74
Portfolio companies
across 3 vintages
◆ Top Decile Fund Performance — Carta Q1 2025 ◆ Second most active pre-seed fund in Canada - CVCA 2025 ◆ Scout cheques - $25K ◆ Core cheques - $100K to $1M ◆ Anchored by UW Endowment ◆ First close $10M complete ◆ Top Decile Fund Performance — Carta Q1 2025 ◆ Second most active pre-seed fund in Canada - CVCA 2025 ◆ Scout cheques - $25K ◆ Core cheques - $100K to $1M ◆ Anchored by UW Endowment ◆ First close $10M complete ◆ Top Decile Fund Performance — Carta Q1 2025 ◆ Second most active pre-seed fund in Canada - CVCA 2025 ◆ Scout cheques - $25K ◆ Core cheques - $100K to $1M ◆ Anchored by UW Endowment ◆ First close $10M complete ◆ Top Decile Fund Performance — Carta Q1 2025 ◆ Second most active pre-seed fund in Canada - CVCA 2025 ◆ Scout cheques - $25K ◆ Core cheques - $100K to $1M ◆ Anchored by UW Endowment ◆ First close $10M complete
Portfolio

Founders we've backed

Ryan Gallagher · Alina Pavel · Katie Gallagher
AI scribe for veterinarians. Turns audio from appointments into written medical records. Built because Katie, a vet, was working 2 hours of overtime every day on paperwork.
Founded at Velocity Incubator. We led the pre-seed, A16Z led the seed.
Harleen Kaur · Sukh Singh
News bias detection platform. Harleen is an ex-NASA engineer and was the youngest female VP at Rolls-Royce. Velocity Fund is their only VC investor.
Founded at Velocity Incubator. 62.5× ARR growth in 4 years. 800k+ subscribers.
Rui Su · Nick Hui · Purya Sarmadi
OS for pharmacies. Automating clinical services so pharmacists can focus on patient care. YC W21. Seed co-led by Microsoft and Graphite Ventures.
Founded at Velocity Incubator. 4,000+ pharmacies. 25M+ patient services.
Kavin Bache · Gavin Thompson
Canadian telehealth clinic for sensitive lifestyle conditions. Series A led by Valspring Capital.
Founded at Velocity Incubator. $50M raised in Series A
Ben Cox
AI platform for government relations. One of the fastest revenue ramps we've seen. Seed round from TwelveBelow.
Founded at Velocity Incubator. 7-figure ARR in 7 months.
+ 69 more exceptional founding teams
View Full Portfolio →
PRE-SEED· WATERLOO· VELOCITY· PRE-SEED· WATERLOO· VELOCITY·
What Founders Say
"
Float wouldn't exist without Velocity. Full stop. The network of mentors and founders have been hard at work to put Waterloo on the world startup leaderboard.
Griffin KeglevichCTO & Co-founder · Float · $200M Series A
"
Velocity has the right atmosphere for startups — working beside other people who work day and night on their dreams was an amazing experience.
Martin BasiriCEO & Co-founder · ApplyBoard · $3.2B Series D

Building something ambitious? We want to hear from you.

Tell Us About Your Company →