PA

PayrollFoundry Ventures

VC
Toronto, Canada

PayrollFoundry Ventures is a Seed venture capital firm based in Toronto, Canada investing in Other. The firm typically writes $100K–$1.3M checks and has 1 portfolio company in our records.

Check size
$100K–$1.3M
Portfolio
1 company on record
Partners
1 listed
Stage
Seed
Sectors
Other
HQ
Toronto, Canada
AUM
Not in our records

Last verified: 2026-07-15

How to approach: cold outreach ok
Stage

Seed

Check Size

$100K – $1.3M

Portfolio

1+ companies

Team

1 partner

Investor activity
Investments in last 12 months: 0

Investment Thesis

Dedicated to advancing payroll-specific technologies for small and mid-sized businesses.

How PayrollFoundry Ventures invests

PayrollFoundry Ventures is a vc firm based in Toronto, Canada. The firm invests at the Seed stage, with a focus on Other. It does not invest in Consumer, Healthcare.

PayrollFoundry Ventures typically writes checks of $100K–$1.3M per investment.

PayrollFoundry Ventures has backed 1 company in our records, including PayStream.

Partners & Team

LM

Linda Morgan

GP

Payroll Systems

Industry Focus

Invests In

Other

Does Not Invest In

Consumer
Healthcare

Portfolio Companies (1)

Other

PA

PayStream

Payroll Services
How to pitch PayrollFoundry Ventures
  • Raising at Seed? You're squarely in their sweet spot.
  • Lead with your fit in Other — the sectors they actively back.
  • Size your ask to their typical $100K – $1.3M check.
  • cold outreach ok
  • Address your outreach to a specific partner, such as Linda Morgan, GP.
  • A warm introduction beats a cold email. Get matched and request an intro.

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