Growth Factor VC
Growth Factor VC is a Seed, Series A venture capital firm based in Toronto, ON investing in SaaS, Other, AI / ML. The firm typically writes $1.0M–$5.0M checks and has 8 portfolio companies in our records.
Seed, Series A
$1.0M – $5.0M
8+ companies
2 partners
Investment Thesis
Focuses on transformational B2B SaaS products with a strong enterprise use case, particularly within HR Tech and personalized employee development tools.
How Growth Factor VC invests
Growth Factor VC is a vc firm based in Toronto, ON. The firm invests at the Seed, Series A stages, with a focus on SaaS, Other, AI / ML, Enterprise. It does not invest in Consumer, Direct-to-Consumer.
Growth Factor VC typically writes checks of $1.0M–$5.0M per investment.
Investing since at least 2024, Growth Factor VC has backed 8 companies in our records, including Cavender's, TNT Fireworks, Books-A-Million. Its most recent recorded investment was in 2025, with 2 investments logged over the last 12 months.
Meet the Team
Prem Chand
General Partner
Ethan Liu
Managing Partner
Industry Focus
Invests In
Does Not Invest In
Portfolio Companies (8)
2025
Cavender's
Opened 27 new stores in 2025— up from 9 the year before.
TNT Fireworks
Managed evaluating hundreds of locations in a short time frame.
2024
Books-A-Million
Secured 5 prime locations from Party City Bankruptcy in record time.
Other
Renew Wellness Brands
Fast and accurate implementation of GrowthFactor solutions.
EngageIQ
lil sweet treat
Utilizes GrowthFactor for site selection.
SkillLab AI
Preferred Growth Properties
Offers insights that go beyond numbers for site selection.
- •Raising at Seed, Series A? You're squarely in their sweet spot.
- •Lead with your fit in SaaS, Other, AI / ML — the sectors they actively back.
- •Size your ask to their typical $1.0M – $5.0M check.
- •warm intro preferred
- •Address your outreach to a specific partner, such as Prem Chand, General Partner.
- •A warm introduction beats a cold email. Get matched and request an intro.
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