GreenSky Ventures
- Company typePrivate
- Founded2008
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
GreenSky Ventures firmographics
Firmographics- Name
- GreenSky Ventures
- Legal name
- GreenSky Ventures
- Website
- https://greensky.vc/
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
GreenSky Ventures industry classification
Industry- Product category
- Venture Capital / Early-Stage Technology Investing
- NAICS
- Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
Keywords
Where GreenSky Ventures is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
GreenSky Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Fund Management Fees: VC firms typically charge management fees on committed capital, typically 2% of assets under management annually, paid by fund investors (LPs).
- Carried Interest (Carry): Performance-based allocation where fund managers receive a percentage of fund profits (typically 20%) after returning capital to LPs. This is the primary value driver for VC firms and aligns manager and investor interests.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
GreenSky Ventures product offering
Product offeringCore offering
GreenSky Ventures is a Toronto-based venture capital firm that invests $1–2 million in early-stage Canadian B2B technology startups at the Seed and Series A stages through its GreenSky Accelerator Funds I–VI, with Fund VI closed at CDN$23.5 million. The firm focuses on deep tech, enterprise software, hardware-enabled platforms, and applied AI ventures, deploying capital into a concentrated portfolio of 12 to 15 companies per fund and providing board-level guidance, operational expertise, and ecosystem access. Total portfolio spans 32 early-stage Canadian tech companies across six fund vintages since 2015.
Product overview
GreenSky Ventures is a Toronto-based venture capital firm that does not offer a product in the traditional sense. The firm provides capital and strategic guidance to early-stage Canadian B2B technology startups through its affiliated GreenSky Accelerator Funds I–VI. The investment vehicles (funds) are not software products but rather investment vehicles targeting seed and Series A investment rounds, typically leading with initial investments of between $1 to $2 million in a concentrated portfolio of 12 to 15 early-stage Canadian B2B startups per fund.
Differentiator
Problem solved
Functional benefit
Brands
- GreenSky Accelerator Funds: The firm's affiliated funds (I-VI) that invest in early-stage Canadian B2B startups
- Fund VI
- Fund VII
Products and services
- GreenSky Accelerator Fund VI Early-stage venture capital fund of CDN$23.5 million that invests $1–2 million initial cheques into Seed and Series A rounds in Canadian B2B technology startups (deep tech, enterprise software, hardware-enabled platforms, applied AI). Available to accredited investors, high-net-worth individuals, family offices, and wealth management firms as limited partners.
- GreenSky Accelerator Fund V Early-stage venture capital fund deployed in 2024 for investments in early-stage Canadian B2B technology startups at the Seed and Series A stages.
- GreenSky Accelerator Fund I First GreenSky accelerator fund, launched in 2015, investing in early-stage Canadian B2B technology startups.
- GreenSky Accelerator Fund II Second GreenSky accelerator fund, launched in 2017, investing in early-stage Canadian B2B technology startups.
- GreenSky Accelerator Fund III Third GreenSky accelerator fund, launched in 2019, investing in early-stage Canadian B2B technology startups.
- Entrepreneur Application and Intake Service Formal online application process for entrepreneurs to submit company information and pitch decks for investment consideration by GreenSky Ventures, with intake led by Partner Neil Peet.
- GreenSky Podcasts Podcast series featuring conversations with portfolio company founders, venture capital insights, and industry topics (15+ episodes). Produced as a content marketing and brand-building channel for the firm.
Quantifiable outcome
- Top decile DPI performance across Funds I-III
- +2 more outcomes
Companies that use GreenSky Ventures
Customer profileNamed customers13 records
Segments1 record
Ideal customer profiles2 records
GreenSky Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
GreenSky Ventures partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights5 records
GreenSky Ventures competitors and assessment
Company assessmentDirect peers
- Real Ventures: Real Ventures is a Montreal-based early-stage VC investing in Canadian tech and science-based ventures. It is a direct peer in the Canadian early-stage ecosystem with comparable deep-tech orientation and check sizes.
- Golden Ventures: Golden Ventures is a Toronto-based seed-stage VC firm investing in Canadian technology founders. It is a direct peer with a comparable thesis around Canadian early-stage B2B and software, often competing for similar deals.
- Brightspark Ventures: Brightspark is a Toronto-based early-stage VC investing in Canadian technology companies. It is a direct peer with overlapping portfolio activity (co-invested with GreenSky in Brickeye's Series B) and similar check sizes and stage focus.
- StandUp Ventures: StandUp Ventures is a Toronto-based early-stage VC firm focused on Canadian tech. It co-led GridBank's seed round with GreenSky and shares comparable stage, geography, and check-size characteristics.
- Graphite Ventures: Graphite Ventures is a Canadian VC firm investing in early-stage enterprise and SaaS companies. It is a direct peer, co-investing with GreenSky in Brickeye and operating in the same Canadian early-stage ecosystem.
- Version One Ventures: Version One Ventures is a Vancouver-based early-stage venture capital firm investing in B2B software and Canadian tech founders. It is a direct peer: same geography, similar stage focus, and a co-investor alongside GreenSky in GridBank's seed round.
- Relay Ventures: Relay Ventures is a Toronto-based early-stage VC investing in Canadian tech founders across mobile, SaaS, and emerging tech. It is a direct peer with comparable stage focus, geography, and portfolio company types.
- iNovia Capital: iNovia Capital is a Canadian VC firm with early- and growth-stage funds investing in B2B software. It is a direct peer operating in the same Canadian market with similar portfolio company profiles, though typically writing larger checks.
- Georgian Partners: Georgian Partners is a Toronto-based growth equity firm investing in B2B software companies. It is a peer operating in the Canadian tech ecosystem with a thesis that overlaps with GreenSky's enterprise software focus, though typically at later stages and larger check sizes.
Broad incumbents
- BDC Capital: BDC Capital is the venture arm of the Business Development Bank of Canada and one of the largest VC investors in the country. It is a broad incumbent that overlaps in Canadian early-stage deep tech and serves as a common co-investor for funds like GreenSky.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
GreenSky Ventures social profiles
Digital presenceGreenSky Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
GreenSky Ventures leadership team
Management profileNumber of profiles
Profiles11 records
GreenSky Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GreenSky Ventures M&A and investment
M&A and investmentM&A
Investments61 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GreenSky Ventures
What does GreenSky Ventures do?
GreenSky Ventures is a Toronto-based venture capital firm that invests $1–2 million in early-stage Canadian B2B technology startups at the Seed and Series A stages through its GreenSky Accelerator Funds I–VI, with Fund VI closed at CDN$23.5 million. The firm focuses on deep tech, enterprise software, hardware-enabled platforms, and applied AI ventures, deploying capital into a concentrated portfolio of 12 to 15 companies per fund and providing board-level guidance, operational expertise, and ecosystem access. Total portfolio spans 32 early-stage Canadian tech companies across six fund vintages since 2015.
Is GreenSky Ventures a public or private company?
GreenSky Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was GreenSky Ventures founded?
GreenSky Ventures was founded in 2008. It employs 1 to 10 people.
Where is GreenSky Ventures based?
GreenSky Ventures is headquartered in Toronto, Canada, in the North America region.
How does GreenSky Ventures make money?
Two revenue lines are on record. Fund Management Fees are the primary driver. The others are carried Interest (Carry).
Who are GreenSky Ventures's main competitors?
Direct peers on record are Real Ventures, Golden Ventures, Brightspark Ventures, StandUp Ventures, Graphite Ventures, Version One Ventures, Relay Ventures, iNovia Capital and Georgian Partners. BDC Capital is listed as a broad incumbent.
Does GreenSky Ventures have an API?
No public API is recorded for GreenSky Ventures.
What industry is GreenSky Ventures in?
GreenSky Ventures's product category is Venture Capital / Early-Stage Technology Investing. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B). Its NAICS code is 52394 and its SIC code is 6282.