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Boreal Ventures is a Canadian venture capital firm backing founders building durable, capital-efficient businesses in overlooked industries. We focus on companies with early product-market fit, helping founders transform their early sales traction into scalable growth engines. We invest with a VC-meets-PE mindset: underwriting downside, prioritizing fundamentals, and supporting long-term value creation over short-term hype. Our focus is on companies where discipline, governance, and operational rigor create an advantage. Boreal partners with experienced entrepreneurs and management teams across Canada, providing patient capital and active support through growth and scale. We believe great outcomes are built deliberately, collaboratively — not chased.

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JD Saint-Martin is the Managing Partner of Boreal Ventures.

6 people are employed at Boreal Ventures.

Boreal Ventures is based in Montreal, Quebec.

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