Panache Ventures
Panache Ventures is a leading venture capital fund in Canada, focused on pre-seed and seed-stage investments. Founded in 2018 and headquartered in Montreal, with additional offices in Toronto, Calgary, and Vancouver, the firm is recognized as the most active seed-stage VC in the country. With a $100 million Fund II, Panache Ventures provides initial investments ranging from $250,000 to $1.5 million to ambitious entrepreneurs building high-growth technology companies. The firm adopts a "founders-first" approach, offering not only investment capital but also hands-on operational support, mentor Per Crunchbase, Panache Ventures has made 144 investments, 20 as lead investor across 108 portfolio companies, with 15 exits.
Investing activity
Panache Ventures has made 144 investments according to Crunchbase across 108 portfolio companies, and has led 20 rounds and seen 15 exits.
Panache Ventures appears in 1 AI deal tracked by the AI Lounge deals desk. The rounds are mostly Seed, with a median round size of $8M. The most recent is Ranger AI (Seed, $8.4M, May 2026).
Panache Ventures most often invests alongside Bonfire Ventures, 25madison and Inovia Capital, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Panache Ventures
What AI companies has Panache Ventures invested in?
Panache Ventures's AI investments include Ranger AI. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Panache Ventures based?
Panache Ventures is based in Montreal, Quebec, Canada.
What stage does Panache Ventures invest at?
In the rounds tracked on AI Lounge, Panache Ventures has invested at Seed, with a median round of $8M.
Who does Panache Ventures co-invest with?
Panache Ventures's most frequent co-investors on AI Lounge are Bonfire Ventures (1 deal), 25madison (1 deal) and Inovia Capital (1 deal).
How can founders reach Panache Ventures?
Founders on AI Lounge can see Panache Ventures'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 Panache Ventures to their Investor Pipeline to track the conversation.