N49P
Toronto, Ontario, Canada · Invests in North America; US · Website
Check size
🔒 $•• – $••Thesis
N49P partners with visionary Canadian founders to transform markets at inception, pre-seed, and early seed stages. They back founders who prioritize speed and execution over traditional credentials, with clear vision and the ability to recruit exceptional teams.
Likely not a fit for
No late-stage investments. Canada-first with limited US exposure. Not known as round leads. Do not invest in non-tech or hardware-only companies.
How they invest
- Lead or follow
- Usually follows
- Typical decision
- ~2 weeks
- Warm intro
- Not required
- Involvement
- Advisor
- Fund status
- Actively deploying
- Assets under mgmt
- $25M
- Decision process
- Partnership vote
Partners & team
4 contacts on file
Portfolio
Actual is an AI-powered platform that integrates technical, scientific, and financial expertise to unlock investment for capital projects, particularly in the sustainable aviation fuel (SAF) industry. The platform aims to generate fundable returns for projects by leveraging advanced modeling techniques.
Altrio is a leading provider of real estate investment software and deal management platform designed to streamline the investment process for brokers and investors, enabling them to manage, market, and close deals efficiently.
Appetronix specializes in autonomous robotic solutions for commercial restaurant kitchens, optimizing AI, robotics, and automation to create quick-service restaurant experiences with zero onsite employees.
AssistIQ is an AI-powered platform that enhances healthcare supply chain management by using computer vision to capture and bill for medical supplies and implants in real-time, reducing manual entry and increasing efficiency.
Baseline is a software company specializing in real estate private lending. It offers software to streamline lending operations and servicing, trusted by private lenders across America.
Bettermode is an all-in-one customer community platform that enables businesses to engage, support, and grow their audience through customizable community experiences and advanced engagement tools.
Bloom hosts dinner gatherings with strangers for organic encounters, focusing on intimate social experiences.
Caribou is a healthcare insurance planning firm that provides innovative tools and resources for financial advisors to assist their clients in navigating healthcare options, including Medicare.
Co:brand is a platform designed to empower artists by providing analytics, community engagement tools, and advertising solutions to enhance their music marketing efforts.
CoRecruit is an AI-powered recruiting software designed to assist recruitment agencies in streamlining their hiring processes.
EvenUp is the leading AI platform for personal injury law. Trusted by 2,000+ firms, EvenUp helps legal teams run casework like clockwork—drafting documents, automating workflows, and maximizing the outcome of every case from intake to resolution.
Recent activity
- Apr 2026
Wygo
Pre-Seed · Participated
- Mar 2026
Remitian
Seed · Participated
- Jan 2026
Mave
Seed · Participated
- Jan 2026
Slate
Pre-Seed · Participated
- Jan 2026
Backboard
Pre-Seed · Participated
N49P in the news
MarTech Cube
Floqer Secures $2 Million Pre-Seed Backed by N49P & Perplexity Fund
1 month ago
FinSMEs
Floqer Raises $2M in Pre-Seed Funding
2 months ago
Yahoo Finance
Floqer Raises $2 Million Pre-Seed Backed by N49P & Perplexity Fund to Build the Autonomous Customer Knowledge Base for GTM Teams
2 months ago
Business Wire
Floqer Raises $2 Million Pre-Seed Backed by N49P & Perplexity Fund to Build the Autonomous Customer Knowledge Base for GTM Teams
2 months ago
BetaKit
From Chrome extension to customer data engine: Floqer announces $2-million raise
2 months ago
betakit.com
Maneva raises $27-million USD Series A to expand AI vision in manufacturing
2 months ago
The Logic
N49P has raised US$25M for a major new pre-seed fund
3 months ago
BetaKit
N49P’s $25-million USD first close for Fund IV will help it hunt more “diamonds in the rough”
3 months ago
BetaKit
Slate raises $1.3 million to deliver embedded lending infrastructure to Canadian platforms
7 months ago
Fintech.ca |
Slate Secures $1.3M to Bring Lending Inside Business Platforms
7 months ago
BetaKit
Backboard.io looks to solve AI amnesia with “substantial” pre-seed round
8 months ago
betakit.com
TISC is fine-tuning AI for split-second decisions, starting on the basketball court
9 months ago
Business Wire
The Intelligent Search Company (TISC) Emerges from Stealth to Bring “AI Intuition” to Real-Time, High-Stakes Decisions
9 months ago
FinSMEs
The Intelligent Search Company Raises US$2.1M in Pre-Seed Funding
9 months ago
BetaKit
Medtech AI startups ProteinQure and AssistIQ each close Series A rounds
May 2025
techcouver.com
TechTO Brings Vancouver Demo Day to Life Ahead of Web Summit
Apr 2025
Fintech.ca |
10 Canadian Fintech Startups to Watch in 2025
Jan 2025
betakit.com
Mave reveals $2 million CAD in pre-seed funding following beta launch of real estate AI assistant
Oct 2024
FinTech Global
Baseline secures $1.6m to revolutionise real estate lending technology
May 2024
Fintech.ca |
Toronto Fintech Baseline Raises Private Capital from N49P, Others to Support 'Ambitious Goals'
May 2024
BetaKit
Baseline closes $2.2 million CAD to help private lenders manage their businesses
May 2024
BetaKit
Kento Health raises $4.1 million CAD to bring AI to cardiovascular care
Oct 2023
BetaKit
Spellbook, formerly Rally, raises $10.9 million to automate legal contracts using generative AI
May 2023
BetaKit
Halp secures $5.5 million CAD to help international students study abroad
Oct 2022
betakit.com
Uplinq raises $4.4 million CAD to help small business lenders make accurate decisions
Apr 2022
Business Wire
Trust Chain Global Secures Seed Round Funding With N49P
Jan 2022
The Business Journals
Caribou raises $3M to help consumers plan for health care expenses
Jan 2022
BetaKit
Four startups from initial Entrepreneur First Toronto cohort raise collective $5.7 million CAD
Dec 2021
geekwire.com
Visualping raises $2M to help users track website changes — and find open COVID-19 vaccinations
Mar 2021
CBC
What brain drain? New Google jobs affirm Canada's tech titan status
Feb 2020
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Research briefRead more
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