Investments
84Portfolio Exits
14Funds
4About Brightspark Ventures
Brightspark Ventures operates as a venture capital firm focused on early-stage technology companies across various sectors. The firm provides venture capital funding and support to startups, including those in financial services, vertical farming, carbon removal infrastructure, and AI vehicle safety technologies. Brightspark Ventures primarily invests in the technology sector, targeting companies that are developing solutions for the future. It was founded in 1999 and is based in Montreal, Canada.
Latest Brightspark Ventures News
Apr 28, 2025
Brio Secures $3 Million to Streamline LP Management for VCs News Summary Brio, a spinout from Montréal-based Brightspark Ventures, has raised $3 million in seed funding to expand its platform designed to streamline limited partner (LP) management for venture capital (VC) firms and other alternative asset managers. Co-founded by former Brightspark leaders, Brio offers a software-as-a-service solution that automates and centralizes LP management tasks such as deal marketing, compliance, and reporting. The seed round was co-led by Walter Global Asset Management and Canso Innovations, both with previous ties to Brightspark. Brio plans to use the funding to grow its team and enhance its platform with artificial intelligence and integrations, aiming to serve as the operational backbone for asset managers handling over $100 million in assets. Tags:
Brightspark Ventures Investments
84 Investments
Brightspark Ventures has made 84 investments. Their latest investment was in Enurgen as part of their Seed VC - II on October 08, 2025.
Brightspark Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
10/8/2025 | Seed VC - II | Enurgen | $4.1M | Yes | 2 | |
9/22/2025 | Seed VC | Mycroft | $3.5M | Yes | Antler, BoxOne Ventures, Developer Capital, Graphite Ventures, Luge Capital, Ripple Ventures, and Undisclosed Angel Investors | 4 |
9/18/2025 | Seed VC | ShopVision | $4.1M | Yes | BDC Capital, Rhino Ventures, and Undisclosed Investors | 2 |
5/8/2025 | Seed VC | |||||
4/28/2025 | Seed VC |
Date | 10/8/2025 | 9/22/2025 | 9/18/2025 | 5/8/2025 | 4/28/2025 |
|---|---|---|---|---|---|
Round | Seed VC - II | Seed VC | Seed VC | Seed VC | Seed VC |
Company | Enurgen | Mycroft | ShopVision | ||
Amount | $4.1M | $3.5M | $4.1M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Antler, BoxOne Ventures, Developer Capital, Graphite Ventures, Luge Capital, Ripple Ventures, and Undisclosed Angel Investors | BDC Capital, Rhino Ventures, and Undisclosed Investors | |||
Sources | 2 | 4 | 2 |
Brightspark Ventures Portfolio Exits
14 Portfolio Exits
Brightspark Ventures has 14 portfolio exits. Their latest portfolio exit was Wysdom.AI on January 09, 2024.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
1/9/2024 | Acquired | 2 | |||
1/1/2024 | Spinoff / Spinout | Brio | 1 | ||
5/11/2023 | Acquired | 2 | |||
Date | 1/9/2024 | 1/1/2024 | 5/11/2023 | ||
|---|---|---|---|---|---|
Exit | Acquired | Spinoff / Spinout | Acquired | ||
Companies | Brio | ||||
Valuation | |||||
Acquirer | |||||
Sources | 2 | 1 | 2 |
Brightspark Ventures Fund History
4 Fund Histories
Brightspark Ventures has 4 funds, including Brightspark Canadian Opportunities Fund II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
10/23/2024 | Brightspark Canadian Opportunities Fund II | $72.26M | 2 | ||
9/8/2020 | Brightspark Canadian Opportunities Fund | ||||
1/24/2005 | Brightspark Ventures II | ||||
12/31/2000 | Brightspark Ventures |
Closing Date | 10/23/2024 | 9/8/2020 | 1/24/2005 | 12/31/2000 |
|---|---|---|---|---|
Fund | Brightspark Canadian Opportunities Fund II | Brightspark Canadian Opportunities Fund | Brightspark Ventures II | Brightspark Ventures |
Fund Type | ||||
Status | ||||
Amount | $72.26M | |||
Sources | 2 |
Brightspark Ventures Team
10 Team Members
Brightspark Ventures has 10 team members, including current Chief Financial Officer, Elena Pavel.
Name | Work History | Title | Status |
|---|---|---|---|
Elena Pavel | Jeune Chambre de commerce de Montréal, KPMG, and Bank of Montreal | Chief Financial Officer | Current |
Name | Elena Pavel | ||||
|---|---|---|---|---|---|
Work History | Jeune Chambre de commerce de Montréal, KPMG, and Bank of Montreal | ||||
Title | Chief Financial Officer | ||||
Status | Current |
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