N49P Ventures
N49P Ventures is a Seed venture capital firm based in Toronto, Canada investing in Other, Fintech, SaaS. The firm typically writes $100K–$1.5M checks and has 11 portfolio companies in our records.
Seed
$100K – $1.5M
11+ companies
4 partners
Investment Thesis
Investing exclusively in high-impact startups in North America, N49P specializes in scaling marketplace and SaaS innovations targeting the next wave of digital commerce.
How N49P Ventures invests
N49P Ventures is a vc firm based in Toronto, Canada. The firm invests at the Seed stage, with a focus on Other, Fintech, SaaS, Consumer, EdTech.
N49P Ventures typically writes checks of $100K–$1.5M per investment.
N49P Ventures has backed 11 companies in our records, including ShopThing, Clearbanc, EvenUp.
Meet the Team
Doug Penick
Partner
Doug brings nearly 20 years of experience from Goldman Sachs, where he was Managing Director in Credit Derivative Sales. Now, he leads investor relations at N49P, finding new LPs and delivering tailored solutions. Doug holds a B.Comm from McGill University and is an active member of the Andover Development Board.
Jennifer Morris
General Partner
Industry Focus
Invests In
Portfolio Companies (11)
Other
ShopThing
Clearbanc
EvenUp
Smarter Litigation with AI
Safekeep
Automating Asset Protection
Aeon
Revolutionizing Patient-Centered Care
Synex
Transforming health monitoring with a non-invasive device that tracks key biomarkers like glucose and ketones in real-time—no blood draws needed.
Appetronix
Revolutionizing quick-service restaurants with fully automated tech, unlocking new revenue streams and boosting efficiency for brands and landlords.
Maneva
Thoughtful growth, decisions, and success.
Mave
The leading marketing platform for relators.
Slate
The embedded lending platform for marketplaces and vertical SaaS platforms.
- •Raising at Seed? You're squarely in their sweet spot.
- •Lead with your fit in Other, Fintech, SaaS — the sectors they actively back.
- •Size your ask to their typical $100K – $1.5M check.
- •cold outreach ok
- •Address your outreach to a specific partner, such as Omar Dhalla, Partner.
- •A warm introduction beats a cold email. Get matched and request an intro.
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