Disruption Ventures

What Disruption Ventures does

Disruption Ventures is a Toronto-based venture capital firm founded in 2018 by Elaine Kunda that invests exclusively in women-founded companies at the Seed and Series A stages across North America. The firm operates two funds: Fund I, with a $30M target and approximately $13M in disclosed institutional commitments anchored by Scotiabank, and Fund II, launched in 2024. Portfolio companies include Practice Better, Hostfully, and MakerKids from Fund I, and Blanka, Ginger Desk, and Vee from Fund II, with Fable and ePACT recognized as exits.

The firm's business model follows standard venture capital economics: it generates revenue through management fees (typically ~2% of committed capital annually) on its funds and earns carried interest on profitable exits. Its go-to-market targets two customer segments: institutional limited partners (financial institutions, family offices) supplying fund capital, and women-led early-stage startups seeking capital plus operational support. The firm differentiates through an "Impact Team" of advisors providing hands-on operational guidance to portfolio founders.

Disruption Ventures monetizes its specialist positioning through fund management and capital appreciation. Reported Fund I performance stands at 0% Gross IRR as of the most recent disclosure, reflecting the long-duration nature of seed-stage investing rather than near-term returns. The core team is small (estimated 1-10 employees with five named principals/partners), and operational scaling is supported through outsourced partnerships such as the 2024 Losange Finance administration agreement.

Name

Disruption Ventures

Legal name

Disruption Ventures I LP

Website

https://disruption-ventures.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Disruption Ventures is a Toronto-based venture capital firm founded in 2018 that invests at Seed and Series A stages in women-founded companies across North America, operating two funds with active operational support through its Impact Team network.

Ownership category

akta.pro rank

Product category

Venture Capital / Early-Stage Investment

NAICS

Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (52394), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

akta.pro secondary industries

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD), Impact Investment & Development Investment Funds (BPADACAO)

Keywords

• Seed venture capital
• Women-led startups
• Early-stage investing
• Portfolio management
• Founder development

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Management Fees: VC fund generates revenue through management fees charged on committed capital.
2. Carried Interest: Profits earned on successful portfolio company exits, typically 20% of profits above the hurdle rate.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels8 records

Core offering

Disruption Ventures is a Toronto-based venture capital fund that invests in North American, high-growth companies founded and led by women at the Seed and Series A stages, typically deploying between $500K and $4M per investment. The firm takes an active investor role, providing portfolio companies with metrics-driven analysis and access to its Impact Team of domain experts across recruitment, finance, operations, technology, strategy, and sales/marketing.

Product overview

Disruption Ventures is a venture capital fund that invests in high-growth, women-founded companies in North America at the Seed and Series A stages. The firm does not offer a unified software product or platform with modules. Instead, it provides investment capital and operational support through its Impact Team network of domain experts in recruitment, finance & operations, technology, strategy, and sales & marketing. The portfolio consists of Fund I (Vintage 2019) investments including Better (Practice Better), Hostfully, and MakerKids; Fund II investments including Blanka, Ginger Agency Inc. (Ginger Desk), and Vee; and exits including Fable and ePACT.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 63% better performance for companies with female founder (First Round Capital study)
• +2 more outcomes

Named customers8 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor and core.

• Losange FinanceminorImplementation/ SI/ Consulting PartnerDisruption Ventures partnered with Losange in Q2 2024 for back-office support. Losange has 6+ years of experience managing over 12 VCs, ensuring seamless experience for Disruption Ventures and its LPs.
• The Big PushcoreStrategic or Co-development PartnerDisruption Ventures and The Big Push accelerator announced a partnership to give women-led tech startups access to experts and early-stage financing. Combines accelerator resources with VC funding.

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• StandUp Ventures: Toronto-based, women-led early-stage VC investing in Canadian and US tech startups founded by women. Closest geographic and thesis peer to Disruption Ventures with similar Seed/Series A focus.
• Female Founders Fund: US-based early-stage VC that invests exclusively in women-founded companies at Seed and Series A stages. Direct competitor for women-led deal flow and the original thesis-defining fund in this niche.
• Halogen Ventures: Pre-seed and seed VC focused on consumer tech and software companies founded by or serving women and people of color. Overlapping stage and demographic thesis make it a like-for-like peer.
• BBG Ventures: Early-stage VC investing in companies with at least one female founder, primarily at pre-seed and seed. Highly comparable on thesis, stage, and ticket size to Disruption Ventures.
• Forerunner: Early-stage consumer-focused VC with a portfolio and stage focus that closely resembles DV's Seed/Series A approach. Comparable deal cadence and active-investor model.
• The Helm: Female-founded seed-stage VC with an enterprise-leaning focus. Targets women-led and diverse-led startups at comparable stages and checks.
• SoGal Ventures: Global early-stage VC backing diverse and women founders across consumer, health, and frontier tech. Similar thesis and early-stage orientation.

Emerging players

• Cake Ventures: Seed-stage fund investing in women-led companies across health, consumer, and AI/emerging tech. Newer entrant that competes for the same women-led Seed deal pool.
• Pipeline Angels: Network of women investors deploying capital as a syndicate into women-led companies. Comparable on thesis and deal sourcing, though operating model is angel/syndicate rather than institutional fund.

Broad incumbents

• Rethink Impact: Impact-focused VC backing underrepresented founders and mission-driven companies. Broader portfolio and slightly larger checks, but overlapping on diversity- and impact-led thesis comparable to DV's gender-lens approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/DisruptionVC
• Facebookfacebook.com/DisruptionVC
• LinkedInlinkedin.com/company/disruption-ventures
• Instagraminstagram.com/disruption_vc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments10 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Disruption Ventures