Inovia Capital

Inovia Capital was founded in Montreal in 2007 and has built itself into a full-stack venture platform spanning pre-seed through pre-IPO - a stage range wider than most firms attempt, backed up by a Continuity Fund specifically built to keep supporting winners all the way to public markets. Its clearest proof point is Lightspeed Commerce: Inovia was the point-of-sale company's first Canadian investor, helped lead a 2017 buyout to keep it Canadian-owned rather than see a foreign firm force a sale, and stayed in through its 2019 dual listing on the NYSE and TSX. The firm has since grown past $2.5 billion under management across offices in Montreal, Toronto, Calgary, San Francisco, London, and Abu Dhabi.

$2.5B+ AUM 75/100 Power Score™ 2007 Founded Montreal, Quebec, Canada
AI Cybersecurity Digital Health Fintech Infrastructure
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Signature Exit

Lightspeed Commerce's 2019 dual listing on the NYSE and TSX - Inovia was Lightspeed's first Canadian investor and helped lead a 2017 buyout that kept the Montreal point-of-sale company from a foreign takeover ahead of its IPO

Key Partners & Leadership

Partner & Co-Founder
Partner

Firm Timeline

2007
Chris Arsenault co-founds Inovia Capital in Montreal.
2017
Leads a buyout of Accel Partners' stake in Lightspeed alongside the Caisse, keeping the company Canadian-owned.
2019
Lightspeed Commerce goes public on both the NYSE and TSX.
2021
Raises a $450 million second growth fund and a $416 million CAD continuation fund, pushing total capital under management past $1.9 billion.
2026
Firm surpasses $2.5 billion under management across six global offices.

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