N49P
N49P is a Toronto-based venture capital firm established in 2018, focused on supporting early-stage technology founders in Canada. The firm specializes in pre-seed and seed-stage investments, emphasizing a "founder-first" approach that combines capital with hands-on partnership. N49P provides strategic guidance, operational support, and access to a network of over 50 advisors and industry experts, helping startups refine their business models and scale globally. With a team of nine, including five partners, N49P has invested in 73 companies across Canada, the United States, and the United Kin
Investing activity
N49P appears in 4 AI deals tracked by the AI Lounge deals desk. The rounds are mostly Seed and Pre-seed, with a median round size of $5M and the largest at $5M. The most recent are thri5 (Seed, $5.4M, Sep 2026), Orbits (Pre-seed, $2.6M, Sep 2026) and Floqer (Pre-seed, $2M, Jul 2026).
N49P most often invests alongside Whitecap Venture Partners, Mistral AI, Amar Varma and Farhan Thawar, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about N49P
What AI companies has N49P invested in?
N49P's AI investments include thri5, Orbits, Floqer and Mave. The 4 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is N49P based?
N49P is based in Toronto, Ontario, Canada.
What stage does N49P invest at?
In the rounds tracked on AI Lounge, N49P has invested at Seed and Pre-seed, with a median round of $5M.
Who does N49P co-invest with?
N49P's most frequent co-investors on AI Lounge are Whitecap Venture Partners (1 deal), Mistral AI (1 deal), Amar Varma (1 deal), Farhan Thawar (1 deal) and MaRS Investment Accelerator Fund (1 deal).
How can founders reach N49P?
Founders on AI Lounge can see N49P's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add N49P to their Investor Pipeline to track the conversation.