Concrete Ventures
Concrete Ventures is a Halifax-based pre-seed venture capital fund founded in 2019, investing $250,000–$500,000 in Atlantic Canadian technology startups with reserved follow-on capital for Seed and Series A stages. As of 2025, Fund I has ceased new investments and the firm is focused on its existing portfolio.
- Company typePrivate
- Founded2019
- HeadquartersHalifax, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Concrete Ventures does
Concrete Ventures is a Halifax-based pre-seed venture capital fund founded in 2019, focused exclusively on technology startups in Atlantic Canada (Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and Labrador). The firm deploys initial cheques of $250,000–$500,000, typically leading rounds but willing to co-invest as a syndicate partner, and reserves follow-on capital for Seed and Series A stages. Its stated differentiator is a "by founders, for founders" model led by General Partner Patrick Hankinson, a two-time founder whose prior companies include Tether and Compilr (acquired by lynda.com, which was itself acquired by LinkedIn).
The fund's revenue mechanics follow standard venture capital economics: management fees on committed capital plus carried interest on successful exits from equity ownership in portfolio companies. Portfolio companies are diversified across legaltech (Rally, Spellbook), AI security (Troj.ai), edtech (Shoelace Learning), govtech (Proof), climate software (Anessa, Verna), AI facilities management (Tyten), and other verticals. Marketing and deal sourcing are conducted primarily through content marketing (quarterly Atlantic Canadian job creation reports, founder education resources), an email newsletter, an active LinkedIn presence, and a direct-to-founder pitch form on the website.
As of 2025, Concrete Ventures announced that Fund I has ceased making new investments and is focused on its existing portfolio, placing the firm in a managed wind-down phase for its first fund. The firm is small (1–10 employees), with CFO Teri Anderson (a CPA with 30 years of finance experience who also serves as CFO for Build Ventures and Namibia Critical Metals) providing shared financial leadership across the Atlantic Canadian VC ecosystem.
Concrete Ventures firmographics
Firmographics- Name
- Concrete Ventures
- Legal name
- Concrete Ventures
- Website
- https://concrete.vc
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Concrete Ventures is a Halifax-based pre-seed venture capital fund founded in 2019, investing $250,000–$500,000 in Atlantic Canadian technology startups with reserved follow-on capital for Seed and Series A stages. As of 2025, Fund I has ceased new investments and the firm is focused on its existing portfolio.
- Ownership category
- akta.pro rank
Concrete Ventures industry classification
Industry- Product category
- Venture Capital / Pre-Seed Investment
- NAICS
- Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)
- akta.pro secondary industries
- Early-Stage Venture Capital (Series A/B) (FSANAAAB), Impact Investment & Development Investment Funds (BPADACAO)
Keywords
Where Concrete Ventures is headquartered
LocationHeadquarters
- HQ city
- Halifax
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Concrete Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Venture Capital Fund Management: Returns generated through equity ownership in portfolio companies. The fund collects management fees (typical for VC funds) and earns carried interest on successful exits. Revenue is derived from the appreciation and exit of portfolio company equity rather than direct product/service sales.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Pre-seed investment: $250,000–$500,000 initial cheque |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Concrete Ventures product offering
Product offeringCore offering
Concrete Ventures is a pre-seed venture capital fund that invests $250,000–$500,000 in early-stage technology startups based in Atlantic Canada (Nova Scotia, New Brunswick, Newfoundland and Labrador, Prince Edward Island). The fund provides initial capital plus reserved follow-on capital at Seed and Series A stages, alongside hands-on operational mentorship, strategic guidance, hiring support, and introductions to investors and service providers. As of 2024–2025, the fund has ceased making new investments and is focused on managing its existing portfolio.
Product overview
Concrete Ventures is an Atlantic Canadian pre-seed venture capital fund. It does not offer a product or service in the traditional sense; rather, it provides venture capital investment to early-stage technology startups in Atlantic Canada, typically investing between $250,000–$500,000 at the pre-seed stage. The firm focuses on software and internet-type businesses with the goal of helping founders build scalable businesses.
Differentiator
Problem solved
Functional benefit
Products and services
- Pre-Seed Investment (Fund I)
Quantifiable outcome
- Concrete Ventures is cited as an 'extremely valuable investor' by multiple portfolio founders including Shoelace Learning, Troj.ai, Rally, Talkatoo, and Anessa.
Companies that use Concrete Ventures
Customer profileSegments2 records
Ideal customer profiles1 record
Concrete Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Concrete Ventures partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights4 records
Concrete Ventures competitors and assessment
Company assessmentDirect peers
- Build Ventures: Halifax-based early-stage VC investing in Atlantic Canadian technology startups; shares a CFO with Concrete Ventures and co-invests in the same founders (e.g., Anessa), making it the closest comparable in mandate, geography, and stage.
- New Brunswick Innovation Foundation (NBIF): New Brunswick's primary early-stage investor and Concrete Ventures' most frequent co-investor (e.g., 3D Planeta/Terrisei, Anessa, Tyten). Operates a similar pre-seed-to-Series A mandate in Atlantic Canada, often leading the larger cheques that Concrete Ventures co-invests into.
- Innovacorp: Nova Scotia's provincial early-stage venture capital organization, frequently listed alongside Concrete Ventures as a key Atlantic Canadian VC. Comparable pre-seed mandate, regional focus, and hands-on founder support model.
- Sandpiper Ventures: Atlantic Canada-based, women-focused early-stage VC that co-invests with Concrete Ventures in the same regional founder pool. Directly comparable in geography, stage, and cheque size.
- Fuel Ventures: UK-based early-stage VC that co-led Tyten's £750k round with Concrete Ventures. Comparable in pre-seed-to-seed cheque size and hands-on founder support model, but focused on the UK market rather than Atlantic Canada.
Regional players
- Pelorus Venture Capital: Newfoundland and Labrador-focused pre-seed VC listed within the same Atlantic Canadian ecosystem as Concrete Ventures. Comparable pre-seed mandate but with a narrower provincial remit.
- Tidal Venture Partners: Pre-seed to seed+ fund focused on Atlantic Canada and co-listed with Concrete Ventures in the regional ecosystem. Comparable stage and geography; slightly broader cheque range than Concrete Ventures.
- Killick Capital: Atlantic Canadian private equity and venture capital firm listed alongside Concrete Ventures as part of the regional VC ecosystem. Similar geographic footprint but typically writes larger cheques at later stages.
Broad incumbents
- BDC Capital: Canada's largest and most active VC investor and a key ecosystem player in Atlantic Canada. Comparable in being active in the same regional deal flow, but operates multiple funds across all stages and a national mandate rather than a pre-seed specialist.
- Antler: Global pre-seed investor and accelerator that co-invested alongside Concrete Ventures in Tyten. Comparable in pre-seed stage and founder-first model, but with a global footprint and structured residency programs that Concrete Ventures lacks.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Concrete Ventures social profiles
Digital presenceConcrete Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Concrete Ventures leadership team
Management profileNumber of profiles
Profiles2 records
Concrete Ventures funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Concrete Ventures M&A and investment
M&A and investmentM&A
Investments37 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Concrete Ventures
What does Concrete Ventures do?
Concrete Ventures is a pre-seed venture capital fund that invests $250,000–$500,000 in early-stage technology startups based in Atlantic Canada (Nova Scotia, New Brunswick, Newfoundland and Labrador, Prince Edward Island). The fund provides initial capital plus reserved follow-on capital at Seed and Series A stages, alongside hands-on operational mentorship, strategic guidance, hiring support, and introductions to investors and service providers. As of 2024–2025, the fund has ceased making new investments and is focused on managing its existing portfolio.
Is Concrete Ventures a public or private company?
Concrete Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Concrete Ventures founded?
Concrete Ventures was founded in 2019. It employs 1 to 10 people.
Where is Concrete Ventures based?
Concrete Ventures is headquartered in Halifax, Canada, in the North America region.
How does Concrete Ventures make money?
One revenue line is on record: venture Capital Fund Management.
Who are Concrete Ventures's main competitors?
Direct peers on record are Build Ventures, New Brunswick Innovation Foundation (NBIF), Innovacorp, Sandpiper Ventures and Fuel Ventures. Regional players are Pelorus Venture Capital, Tidal Venture Partners and Killick Capital. Broad incumbents are BDC Capital and Antler.
Does Concrete Ventures have an API?
No public API is recorded for Concrete Ventures.
What industry is Concrete Ventures in?
Concrete Ventures's product category is Venture Capital / Pre-Seed Investment. Its primary akta.pro industry code is FSANAAAA, Early-Stage Venture Capital (Pre-Seed/Seed), with a secondary code of FSANAAAB, Early-Stage Venture Capital (Series A/B). Its NAICS code is 5259 and its SIC code is 6282.