About Mantella Venture Partners
Mantella Venture Partners is a venture capital firm founded in 2010. It is primarily based out of Toronto, Canada. As of Apr 2023, Mantella Venture Partners has invested in 26 companies. It primarily invests in Seed round in Canada based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and Consumer. Most recently it led the $1.61M Seed round of Enso Connect along with Mistral. This round also saw participation from Cowie Capital and other investors.
Overall, Mantella Venture Partners portfolio has seen 3 IPOs and 8 acquisitions including key companies like Instacart, Rubicon Project and Rogers. A lot of funds co-invest with Mantella Venture Partners, with names like Golden Ventures sharing a substantial percentage of its portfolio.
Mantella Venture Partners has team of 3 people including 2 partners.
Key Metrics
Team Members
, &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series B &
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Mantella Venture Partners' Year-on-Year Investment Trends
Mantella Venture Partners has invested in 26 companies over the last 14 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Altrio and most recent follow-on round was in Felix.
Year | No. of Investments | ||
---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 1 | 1 |
2022 | 1 | 0 | 1 |
2021 | 3 | 0 | 3 |
2020 | 1 | 0 | 1 |
2019 | 0 | 0 | 0 |
2018 | 0 | 0 | 0 |
2017 | 2 | 0 | 2 |

Get Mantella Venture Partners' portfolio delivered to your inbox!
Mantella Venture Partners' Investments by Stage
Mantella Venture Partners has made 8 investments in Seed stage with an average round size of $2.34M, 3 investments in Series B stage with an average round size of $21.1M and 2 investments in Series A stage with an average round size of $7.02M.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
---|---|
Seed | 8 |
Series B | 3 |
Series A | 2 |
Mantella Venture Partners' Investments by Sector
Mantella Venture Partners has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Consumer, Vertical SaaS and Artificial Intelligence - Industry Applications. Notably, it has invested in 23 Tech companies, 17 Enterprise (B2B) companies, 11 Software companies and at least 10 companies focusing on Consumer (B2C).
Note: We have considered here, only first round of investments
Sector | No. of Investments |
---|---|
Enterprise Applications | 9 |
High Tech | 4 |
Consumer | 3 |
Vertical SaaS | 3 |
Artificial Intelligence - Industry Applications | 2 |
Others | 8 |
Mantella Venture Partners' Investments by Geography
Mantella Venture Partners has made most investments in Canada (10), followed by United States where it has made 3 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
---|---|
Canada | 10 |
United States | 3 |
Mantella Venture Partners' recent investments
Here are the most recent investments by Mantella Venture Partners:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
---|---|---|---|---|---|
Apr 05, 2023 | Canada | Series B | $13.4M | BDC [+2] | |
Jun 15, 2022 | Canada | Series A | $6.18M | ||
Nov 10, 2021 | Canada | Seed | $1.61M | Cowie Capital [+3] | |
Apr 29, 2021 | Canada | Seed | $2M | Raiven Capital [+3] | |
Mar 24, 2021 | Canada | Seed | $4.75M | [+11] |
IPOs and Publicly Listed companies in Mantella Venture Partners' Portfolio
Here are Mantella Venture Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Sep 19, 2023 | - | - | - | |
Apr 07, 2014 | - | - | - | |
Jan 11, 1996 | - | - | - |
Acquired companies in Mantella Venture Partners' Portfolio
Here are Mantella Venture Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
---|---|---|---|---|
Jan 09, 2024 | Oct 03, 2017 | Series B | $8.5M | |
Aug 26, 2019 | - | - | - | |
Jan 16, 2018 | - | - | - | |
Nov 06, 2017 | Sep 13, 2011 | Seed | Undisclosed | |
Jan 27, 2016 | Dec 10, 2014 | Seed | $2M |
Team profile of Mantella Venture Partners
Mantella Venture Partners has a team of 3 membersÌýincluding 2 Partners and 1 Venture PartnerÌýlocated in Canada. Mantella Venture Partners' team does not sit on the board of any company as of now.Here is a list of all team members in Mantella Venture Partners:
Name | Designation | Location | Board Memberships | Contact details |
---|---|---|---|---|
Partner | Toronto | - | ||
Partner | Toronto | - | ||
Venture Partner | Toronto | - |
Co-investors of Mantella Venture Partners
Over the past 14 years, 59 investors have co-invested in Mantella Venture Partners's portfolio companies.
- Invested before Mantella Venture Partners:ÌýGreylock, Grassfed Ventures and 8 others have invested in rounds before Mantella Venture Partners. There are 1 company where Greylock has invested before Mantella Venture Partners and 1 company where Grassfed Ventures has invested before Mantella Venture Partners.
- Top Co-investors of Mantella Venture Partners:Ìý38 investors entered a company along with Mantella Venture Partners. These include investors like Golden Ventures (4 companies).
- Invested after Mantella Venture Partners:ÌýA total of 11 investors have invested in Mantella Venture Partners's portfolio after their investments. Top Investors include RRE Ventures (1 company), Greycroft (1 company) and GTCR (1 company).

Get full list of Mantella Venture Partners' co-investors delivered to your inbox!
Recent News related to Mantella Venture Partners
•
Femtech Insider•Apr 11, 2023•Felix, Whitecap Venture Partners, Mantella Venture Partners, BrandProject and 1 other
•
Hospital Management•Apr 06, 2023•Felix, BDC, Technology Venture Partners, Canadian Business Growth Fund and 2 others
•
FinSMEs•Apr 05, 2023•Felix, BDC, Canadian Business Growth Fund, Mantella Venture Partners and 2 others
•
Financial Post•Jun 15, 2022•Altrio, Mantella Venture Partners, Whitecap Venture Partners, Alate Partners and 2 others
•
•
•
•
BetaKit•Feb 16, 2021•FelixSolutions, Whitecap Venture Partners, Mantella Venture Partners, BrandProject and 1 other
•
BetaKit•Oct 31, 2018•Mantella Venture Partners
•
Our Lite Plan Awaits you - Its Free!
Sign up now to unlock full access to curated data
4M+ Companies
212K+ Investors
580K+ Funding Rounds
207K+ Acquisitions
2.9K+ Sectors
57K+ Business Models







