{"id":2159,"name":"Element AI Ventures","slug":"element-ai-ventures","website":null,"hqGeo":"Montreal, Canada","stageFocus":["seed+","Series A"],"sectorTags":["AI / ML","SaaS","Other","Enterprise","Fintech","Security","Developer Tools","Healthcare"],"excludedSectors":["Consumer-focused products"],"checkSizeMin":1000000,"checkSizeMax":5000000,"thesisSummary":"The fund invests in applied AI innovations that augment decision-making for enterprises, particularly in fintech and wealth management.","thesisNarrative":null,"logoUrl":null,"aumUsd":null,"submissionUrl":null,"linkedinUrl":null,"twitterHandle":null,"portfolio":[{"companyName":"Wealthsimple","companyUrl":null,"stage":null,"sector":"WealthTech","investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Untether AI","companyUrl":null,"stage":null,"sector":"AI Hardware","investmentYear":null,"description":null,"amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Element AI","companyUrl":null,"stage":"Acquired","sector":"Artificial Intelligence","investmentYear":null,"description":"AI software company founded in 2016 and acquired by ServiceNow in 2020 for $230 million.","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Data Collective (DCVC)","companyUrl":null,"stage":null,"sector":"Venture Capital","investmentYear":null,"description":"Venture capital firm that invests in deep tech companies.","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Real Ventures","companyUrl":null,"stage":null,"sector":"Venture Capital","investmentYear":null,"description":"Venture capital firm focused on early-stage investments.","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"BDC Capital","companyUrl":null,"stage":null,"sector":"Venture Capital","investmentYear":null,"description":"Investment arm of the Business Development Bank of Canada.","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Intel Capital","companyUrl":null,"stage":null,"sector":"Venture Capital","investmentYear":null,"description":"Investment organization of Intel Corporation.","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Microsoft Ventures","companyUrl":null,"stage":null,"sector":"Venture Capital","investmentYear":null,"description":"Investment arm of Microsoft focused on startups.","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"NVIDIA","companyUrl":null,"stage":null,"sector":"Technology","investmentYear":null,"description":"Technology company known for its graphics processing units (GPUs).","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"hepster","companyUrl":null,"stage":"Series B","sector":"InsurTech / Embedded Insurance","investmentYear":null,"description":"Germany-based embedded insurtech offering API-driven insurance integration into digital customer journeys.","amountUsd":null,"relevanceNote":null,"fundName":"Element Ventures $130M fund"},{"companyName":"Billhop","companyUrl":null,"stage":"Series A","sector":"FinTech / Payments / B2B Payment Network","investmentYear":null,"description":"Swedish fintech that lets businesses (and individuals) pay invoices / bills using credit/debit cards, acting as intermediary.","amountUsd":null,"relevanceNote":null,"fundName":"Element Ventures $130M fund"},{"companyName":"Coincover","companyUrl":null,"stage":"Series A","sector":"FinTech / Crypto / Security / Risk / InsurTech adjacent","investmentYear":null,"description":"UK company providing cryptocurrency recovery / insurance / security service.","amountUsd":null,"relevanceNote":null,"fundName":"Element Ventures $130M fund"},{"companyName":"Minna Technologies (Minna Tech)","companyUrl":null,"stage":"Series B","sector":"FinTech / Subscription Management / Banking-adjacent","investmentYear":null,"description":"Swedish subscription management platform; helps banks, financial institutions optimize customer subscription spend.","amountUsd":null,"relevanceNote":null,"fundName":"Element Ventures $130M fund"},{"companyName":"WeGift","companyUrl":null,"stage":"Series B","sector":"FinTech / Rewards / Payments / Incentives","investmentYear":null,"description":"UK-based incentive & gift card infrastructure platform (digital rewards / stored value / loyalty) with API integrations for brands.","amountUsd":null,"relevanceNote":null,"fundName":"Element Ventures $130M fund"},{"companyName":"Arbolus","companyUrl":null,"stage":"Series A","sector":"Knowledge / Professional Services / B2B FinTech adjacent","investmentYear":null,"description":"Platform connecting enterprises to experts; human knowledge sharing / research services.","amountUsd":null,"relevanceNote":null,"fundName":"Element Ventures $130M fund"},{"companyName":"Token (token.io)","companyUrl":null,"stage":"Late stage venture (~Series C)","sector":"FinTech / Payments / Infrastructure","investmentYear":null,"description":"Payments / financial services platform (payment infrastructure) based in UK.","amountUsd":null,"relevanceNote":null,"fundName":"Element Ventures $130M fund"},{"companyName":"Januar","companyUrl":null,"stage":"Seed","sector":"Crypto infrastructure / FinTech","investmentYear":null,"description":"Denmark-based crypto-gate or compliant crypto infrastructure for Europe.","amountUsd":null,"relevanceNote":null,"fundName":"Element Ventures $130M fund"},{"companyName":"Wert / Wert.io","companyUrl":null,"stage":"Seed","sector":"FinTech / Payments / Crypto Adjacent","investmentYear":null,"description":"Estonia-based fintech, possibly involved in crypto payments or value transfer.","amountUsd":null,"relevanceNote":null,"fundName":"Element Ventures $130M fund"},{"companyName":"Thirdfort","companyUrl":null,"stage":"Series A","sector":"FinTech / RiskTech / Compliance / Identity","investmentYear":null,"description":"UK risk / identity / AML compliance platform aimed at professional services.","amountUsd":null,"relevanceNote":null,"fundName":"Element Ventures $130M fund"},{"companyName":"Banxware","companyUrl":null,"stage":"Seed","sector":"FinTech / BaaS / Embedded Finance","investmentYear":null,"description":"Germany-based embedded finance / banking-as-a-service (BaaS) provider.","amountUsd":null,"relevanceNote":null,"fundName":"Element Ventures $130M fund"},{"companyName":"Glowstick","companyUrl":null,"stage":"Pre-seed","sector":"Sales enablement / Video analytics / AI","investmentYear":null,"description":"Toronto-based startup building technology to help B2B companies identify sales opportunities from video calls.","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Armilla AI","companyUrl":null,"stage":"Early / angel investment","sector":"AI / possibly enterprise AI tools","investmentYear":null,"description":"AI startup connected via founder networks; details sparse.","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Waverly","companyUrl":null,"stage":"Early stage","sector":"AI / startup tools","investmentYear":null,"description":"Created by Philippe Beaudoin (co-founder of Element AI), noted in founder network investments.","amountUsd":null,"relevanceNote":null,"fundName":null},{"companyName":"Ubenwa Health","companyUrl":null,"stage":"Early stage","sector":"Health / Medical AI","investmentYear":null,"description":"AI health startup; spin-out of Mila and part of founder investments.","amountUsd":null,"relevanceNote":null,"fundName":null}],"partnerCount":6,"partners":[{"id":12026,"name":"Connor Sullivan","title":"Principal","seniority":null,"focusTags":["Early-stage ventures","Deal leadership"],"linkedinUrl":"https://www.linkedin.com/in/connorns","twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]},{"id":12025,"name":"Jamie Dunn","title":"Co-Founder & Partner","seniority":null,"focusTags":["Early-stage ventures","Utah / Mountain West","Technology startups"],"linkedinUrl":"https://www.linkedin.com/in/jamiedunnutah","twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]},{"id":2204,"name":"Jean-François Gagné","title":"Founder & GP","seniority":null,"focusTags":["AI","FinTech","B2B AI"],"linkedinUrl":null,"twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]},{"id":12024,"name":"Jeff Burningham","title":"Co-Founder & Managing Partner","seniority":null,"focusTags":["Early-stage ventures","Utah / Mountain West","Technology startups"],"linkedinUrl":"https://www.linkedin.com/in/jeff-burningham-15a01a7b","twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]},{"id":12023,"name":"Jeff Danley","title":"Co-Founder & Managing Partner","seniority":null,"focusTags":["Early-stage ventures","Utah / Mountain West","Technology startups"],"linkedinUrl":"https://www.linkedin.com/in/jeff-danley-b83736","twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]},{"id":12022,"name":"Sam Andersen","title":"Investment Partner","seniority":null,"focusTags":["Pre-seed","Seed","Later-stage flexibility","Utah"],"linkedinUrl":"https://www.linkedin.com/in/sam-andersen","twitterHandle":null,"blogUrl":null,"thesisSummary":null,"whyThisPartner":null,"recentPosts":[]}],"funds":[],"activity":{"lastInvestmentYear":null,"investmentsLast12Months":0},"investorType":"vc","preferredApproach":"warm intro preferred","prefersFounderType":null,"oneClickPitchEnabled":false,"relatedFirms":[{"id":6492,"name":"Breed Reply","slug":"breed-reply","logoUrl":null,"website":"https://www.reply.com/","stageFocus":[],"sectorTags":["Healthcare","Security"],"hqGeo":null},{"id":4965,"name":"Perennial Edge Ventures","slug":"perennial-edge-ventures","logoUrl":null,"website":null,"stageFocus":["Pre-Seed","Seed"],"sectorTags":["Other","SaaS"],"hqGeo":"Boston, MA"},{"id":7722,"name":"Sheesha Finance","slug":"sheesha-finance","logoUrl":null,"website":"https://sheeshafinance.gitbook.io/","stageFocus":[],"sectorTags":["AI / ML","Developer Tools","Fintech"],"hqGeo":null},{"id":547,"name":"Cocoa VC","slug":"cocoa-vc","logoUrl":null,"website":"https://www.cocoa.vc/","stageFocus":["Pre-Seed","Seed"],"sectorTags":["Fintech","SaaS","Other"],"hqGeo":"San Francisco, CA"},{"id":2027,"name":"Impact Mental Health VC","slug":"impact-mental-health-vc","logoUrl":null,"website":"https://www.imhpa.org/","stageFocus":["Pre-Seed","Seed"],"sectorTags":["Other","Healthcare"],"hqGeo":"Boston, MA"},{"id":10061,"name":"dWeb Ventures","slug":"dweb-ventures","logoUrl":null,"website":"https://webventures.io/","stageFocus":["Seed"],"sectorTags":["Other","Developer Tools"],"hqGeo":"San Francisco, CA"}],"featuredIn":[{"slug":"saas","displayName":"SaaS Investors","pageType":"industry"},{"slug":"fintech","displayName":"Fintech Investors","pageType":"industry"},{"slug":"ai","displayName":"AI & ML Investors","pageType":"industry"},{"slug":"series-a","displayName":"Series A Investors","pageType":"stage"},{"slug":"healthcare","displayName":"Healthcare Investors","pageType":"industry"}],"fundraisingResources":[{"slug":"find-right-pre-seed-investors-b2b-saas","title":"How to Find the Right Pre-Seed Investors for Your B2B SaaS Startup"},{"slug":"Finding-Investors-For-Startup-In-2026","title":"How to Find Investors for Your Startup in 2026 (Without Cold-Searching Databases)"},{"slug":"how-vcs-help-portfolio-raise-follow-on","title":"How VCs Can Actually Help Their Portfolio Companies Raise Follow-On"}],"overviewNarrative":null,"portfolioNarrative":null,"seoTitle":null,"seoDescription":null,"lastVerifiedAt":"2026-02-23T08:30:03.278Z"}