LOI Venture is a $20M Pre-Seed Fund focused on backing founders under 30 attending the League of Innovators Accelerator Program. The fund was co-founded by Ryan Holmes and Manny Padda to help accelerate early stage startups in Canada. In 2017, Ryan Holmes (Co-founder of Hootsuite) founded League of Innovators, a charity with a mission to help accelerate the growth of young entrepreneurs in Canada. To date, the program has graduated 250 businesses with a combined valuation of nearly $1B. In December 2021, Ryan and fellow board member Manny Padda (Angel Investor/Board Member of League of Innovators) co-founded LOI Venture. The $20M fund, ranging in pre-seed and seed-stage cheques, will be positioned to help accelerate early-stage startups in Canada who enrol in the LOI program.
| Website | https://www.loi.vc/ |
| Employees | 21 (6 on RocketReach) |
| Founded | 2021 |
| Address | 111 E 5th Ave, Vancouver, British Columbia V5T 4L1, CA |
| Industry | Financial Services |
| Keywords | New Ventures, Pre-Seed Investing, Investment Capital, Early Stage Startups, Venture Capital, Seed Funding, Accelerator Program, Small Business Funding, Startup Funding, Angel Investing, Young Founders, Tech Startups, Innovation, Entrepreneurship, Funding Rounds, Venture Fund, Startup Accelerator, Seed Round, Emerging Tech |
| Competitors | Y Combinator, Sequoia Capital, Accel in India, Andreessen Horowitz, Bessemer Venture Partners, Kleiner Perkins, Benchmark, Greylock, Union Square Ventures, Foundry Investments Llc +35 more (view full list) |
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Jon Cartwright is the Venture Partner of LOI Venture.
6 people are employed at LOI Venture.
LOI Venture is based in Vancouver, British Columbia.