Inovia Capital

Inovia Capital, founded in 2007 by Chris Arsenault and others, is a venture capital firm based in Montreal with a significant presence in the Canadian tech ecosystem. The firm manages over $2.5 billion in assets across multiple funds, including early-stage venture and growth funds. Inovia focuses on partnering with founders to build impactful and enduring global companies, offering support from seed to IPO and beyond​. Notable investments in their portfolio include Lightspeed Commerce, AppDirect, Sonder, and Hopper. Inovia has achieved several successful exits, such as the IPOs of Lightspeed and Sonder, and acquisitions like Luxury Retreats by Airbnb and Well.ca by McKesson​. The firm's strategy emphasizes a hands-on approach, leveraging its team of experienced investors and operators to provide strategic guidance, mentorship, and access to a global network