What we invest in
Alberta-based tech
Early-stage startups
Various B2B sectors
Proven product demand
Early-stage growth financing for Alberta tech
Are you an Alberta tech startup seeking early-stage capital? Accelerate Fund looks to invest in high growth potential companies serving business or enterprise customers – that need funding to prove out a big market, attract talent to their team, and grow their companies large enough to warrant future capital raises to support that growth.
We invest in entrepreneurs leading tech startups that are private, incorporated, and have a head office and more than 50% of employees located in Alberta. We focus on life sciences, digital transformation, and artificial intelligence and other emerging opportunities. We are actively seeking qualified investments for Accelerate Fund IV. The original Accelerate Funds I, II, and III are fully invested in these forward-looking businesses.
Our contribution beyond dollars
Beyond financing, our investment team are dedicated mentors and trusted advisors to Alberta’s tech and investment community.
Accelerate Fund II, III and IV is managed by Yaletown Partners, one of Canada’s most active technology investors and has investments in more than 90 innovative technology companies over the last two decades. Yaletown performs the due diligence and makes the investment decisions for Accelerate Fund IV.
Additionally, our investment team serves as active growth partners for Accelerate Fund portfolio companies. We provide hands-on advice and guidance through regular coaching sessions, connect founders with our extensive network of key industry contacts and potential customers, and support governance at the board level.
We co-invest with angels & other co-investors
The Accelerate Fund seeks to bring multiple investors into deals and encourages collaboration among angels and other venture capital funds. We typically invest $250,000 into our first financing round with a new company. We require matching dollars from angel or private co-investors, which often results in a multiplier effect of two to three times the amount of our investment.
An ideal situation might involve a company that has three investors funding $250,000 each, but has a need for an additional $250,000. The Accelerate Fund IV could provide the additional $250,000. We can also help attract other VC funds, formal angel groups, super-angels, family funds, and individual angel investors.