Investments
81Portfolio Exits
8Funds
4Partners & Customers
1Portage Ventures Web Traffic
Portage Ventures Rank
Research containing Portage Ventures
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CB Insights Intelligence Analysts have mentioned Portage Ventures in 1 CB Insights research brief, most recently on Nov 13, 2019.
Latest Portage Ventures News
Jun 2, 2022
Sanlo , a San Francisco, CA-based provider of a financial OS for game and app developers on a mission to bring financial independence and control, raised USD10m in Series A funding. The round was led by Konvoy with participation from existing investors (Initial Capital, Portage Ventures, XYZ Venture Capital, London Venture Partners, Index Ventures) and new investors (Fin Capital, GFR Fund and a number of angel investors). The company intends to use the funds to scale its financial OS and bring $200M of developer-friendly Growth Capital to game and app developers. Sanlo provides a platform that combines financial insights about a company and its products with access to non-dilutive capital for scalable growth. Developers securely connect data sources and within hours have their data in a single destination that lets them receive and manage non-dilutive growth capital. The company partnered with HCGFunds to expand its pool of capital to $200m so it can be available for developers to scale. FinSMEs 02/06/2022
Portage Ventures Investments
81 Investments
Portage Ventures has made 81 investments. Their latest investment was in Sanlo as part of their Series A on June 6, 2022.
Portage Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
6/2/2022 | Series A | Sanlo | $10M | No | 4 | |
6/2/2022 | Series A | getquin | $15M | Yes | 1 | |
5/11/2022 | Seed VC | Faye | $8M | Yes | 5 | |
4/25/2022 | Series C | |||||
3/24/2022 | Seed VC |
Date | 6/2/2022 | 6/2/2022 | 5/11/2022 | 4/25/2022 | 3/24/2022 |
|---|---|---|---|---|---|
Round | Series A | Series A | Seed VC | Series C | Seed VC |
Company | Sanlo | getquin | Faye | ||
Amount | $10M | $15M | $8M | ||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 4 | 1 | 5 |
Portage Ventures Portfolio Exits
8 Portfolio Exits
Portage Ventures has 8 portfolio exits. Their latest portfolio exit was Neat on December 08, 2021.
Portage Ventures Acquisitions
1 Acquisition
Portage Ventures acquired 1 company. Their latest acquisition was Wealthsimple on March 31, 2016.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
3/31/2016 | Other Venture Capital | $712.38M | Corporate Majority | 1 |
Date | 3/31/2016 |
|---|---|
Investment Stage | Other Venture Capital |
Companies | |
Valuation | |
Total Funding | $712.38M |
Note | Corporate Majority |
Sources | 1 |
Portage Ventures Fund History
4 Fund Histories
Portage Ventures has 4 funds, including Portage Ventures III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
3/10/2022 | Portage Ventures III | $616M | 3 | ||
12/3/2019 | Portag3 Ventures II | ||||
12/31/2016 | Portag3 Ventures I LP | ||||
10/17/2016 | Portag3 Ventures |
Closing Date | 3/10/2022 | 12/3/2019 | 12/31/2016 | 10/17/2016 |
|---|---|---|---|---|
Fund | Portage Ventures III | Portag3 Ventures II | Portag3 Ventures I LP | Portag3 Ventures |
Fund Type | ||||
Status | ||||
Amount | $616M | |||
Sources | 3 |
Portage Ventures Partners & Customers
1 Partners and customers
Portage Ventures has 1 strategic partners and customers. Portage Ventures recently partnered with Wealthsimple on November 11, 2018.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
11/8/2018 | Partner | Canada | Power Financial Reports Third Quarter Financial Results The contributions from Lifeco and IGM Financial Inc. include an allocation of the results of Wealthsimple Financial Corp. and Portag3 Ventures Limited Partnership , based on their respective interest . | 1 |
Date | 11/8/2018 |
|---|---|
Type | Partner |
Business Partner | |
Country | Canada |
News Snippet | Power Financial Reports Third Quarter Financial Results The contributions from Lifeco and IGM Financial Inc. include an allocation of the results of Wealthsimple Financial Corp. and Portag3 Ventures Limited Partnership , based on their respective interest . |
Sources | 1 |
Portage Ventures Team
6 Team Members
Portage Ventures has 6 team members, including current Chief Executive Officer, Adam Felesky.
Name | Work History | Title | Status |
|---|---|---|---|
Paul G. Desmarais III | Founder | Current | |
Adam Felesky | Chief Executive Officer | Current | |
Scott Wu | Chief Technology Officer | Current | |
Stephanie Choo | BCG Digital Ventures, and The Boston Consulting Group | General Partner | Current |
Kris Hansen | Koho Financial, SAP, Axxiome, RBC, ATB Financial, Enbridge, Workgroup Technology, and athabasca university | Chief Technology Officer | Former |
Name | Paul G. Desmarais III | Adam Felesky | Scott Wu | Stephanie Choo | Kris Hansen |
|---|---|---|---|---|---|
Work History | BCG Digital Ventures, and The Boston Consulting Group | Koho Financial, SAP, Axxiome, RBC, ATB Financial, Enbridge, Workgroup Technology, and athabasca university | |||
Title | Founder | Chief Executive Officer | Chief Technology Officer | General Partner | Chief Technology Officer |
Status | Current | Current | Current | Current | Former |
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