Venn Innovation
Venn Innovation is a Moncton, Canada-based private, for-profit company founded in 2017 by tech economy entrepreneurs to support innovation-based economic development. It operates with 1-10 employees under President & CEO Doug Robertson in Atlantic Canada.
- Company typePrivate
- Founded2017
- HeadquartersMoncton, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Venn Innovation does
Venn Innovation is a Moncton, Canada-based private for-profit company founded in 2017 by a group of tech economy entrepreneurs and stakeholders to support innovation-based economic development. The organization operates with a small team of 1-10 employees and is led by President & CEO Doug Robertson. Its stated purpose is to serve as a regional innovation intermediary in Atlantic Canada, with bilingual (English/French) web operations consistent with the linguistic profile of the region.
The source material does not disclose specific products, services, technology platforms, pricing models, customers, partnerships, or revenue mechanics. The company's primary documented capital event is a $475,000 award from the Atlantic Canada Opportunities Agency (ACOA) on 2019-07-25, indicating a public-sector funding relationship typical of regional innovation support organizations rather than venture-backed product companies. No app, API, SDK, or proprietary technology assets are referenced.
Given the absence of disclosed commercial offerings, Venn appears to function as a small, grant-supported innovation ecosystem organization rather than a product-revenue business. The available data does not support characterization of a go-to-market motion, pricing model, or customer segment beyond the implicit regional entrepreneur/startup community it was founded to serve.
Venn Innovation firmographics
Firmographics- Name
- Venn Innovation
- Website
- https://venncentre.ca
- Company type
- Private
- Founded year
- 2017
- Headcount range
- 1–10 employees
- Short description
- Venn Innovation is a Moncton, Canada-based private, for-profit company founded in 2017 by tech economy entrepreneurs to support innovation-based economic development. It operates with 1-10 employees under President & CEO Doug Robertson in Atlantic Canada.
- Ownership category
- akta.pro rank
Venn Innovation industry classification
Industry- Product category
- Economic Development Services
- NAICS
- Scientific Research and Development Services (5417)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Entrepreneurship, Innovation & Venture Creation Centers (EDAHAHAH)
- akta.pro secondary industries
- Innovation & Design Thinking Programs (EDAMAHAD), Technical Universities with Entrepreneurship & Incubation Focus (EDAHAEAH)
Keywords
Where Venn Innovation is headquartered
LocationHeadquarters
- HQ city
- Moncton
- HQ country
- Canada
- HQ region
- North America
Markets served
Venn Innovation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Venn Innovation product offering
Product offeringCore offering
Venn Innovation was founded by a group of tech economy entrepreneurs and stakeholders to support innovation-based economic development. The organization provides services and programs aimed at fostering the tech economy and innovation ecosystem in Atlantic Canada. No specific products or detailed service offerings are publicly documented.
Product overview
No product information available in the source content.
Differentiator
Problem solved
Functional benefit
Companies that use Venn Innovation
Customer profileIdeal customer profiles1 record
Venn Innovation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Venn Innovation partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights2 records
Venn Innovation competitors and assessment
Company assessmentDirect peers
- Volta: Volta is Atlantic Canada's largest tech hub, headquartered in Halifax, Nova Scotia. It provides co-working, programming, and community services to startups and tech companies in the same regional market and category as Venn Innovation.
- Propel ICT: Propel ICT is Atlantic Canada's leading startup accelerator, running cohorts and mentorship programs for Atlantic Canadian tech founders. It directly overlaps Venn's innovation-economy mandate and founder support focus.
- Innovation Factory: Innovation Factory is a Hamilton, Ontario-based regional innovation center supporting tech entrepreneurs with incubation, programming, and advisory services. It is a Canadian regional hub comparable in scope and offerings to Venn Innovation.
Regional players
- Planet Hatch: Planet Hatch is a Fredericton, New Brunswick-based innovation and startup hub supporting Atlantic Canadian founders. It competes in the same provincial ecosystem as Venn Innovation with comparable incubator and community programming.
- Bioenterprise Canada: Bioenterprise is a Canadian agri-food and cleantech innovation hub with strong ties to Atlantic Canada through regional offices. It shares the innovation-economy development mandate that Venn operates under, in an adjacent vertical focus.
Broad incumbents
- Communitech: Communitech is one of Canada's largest innovation hubs, based in Waterloo, Ontario, supporting tech founders with programming, talent, and corporate connections. It operates at much greater scale but in the same Canadian innovation-center category as Venn Innovation.
- DMZ (Toronto Metropolitan University): DMZ is a top-ranked Canadian tech startup incubator based in Toronto. It offers programming, mentorship, and capital connections comparable in mission to Venn Innovation, but at national scale and a different geography.
- MaRS Discovery District: MaRS is a large urban innovation hub in Toronto supporting science, tech, and social ventures with programming, capital, and policy work. Its innovation-center mandate closely parallels Venn's, but at substantially greater scale.
- Creative Destruction Lab: CDL is a Canada-based venture-building program for science- and technology-driven startups, affiliated with the Rotman School of Management. It serves a comparable founder-support mission but focuses on a higher-bar venture cohort.
Others
- Atlantic Canada Opportunities Agency (ACOA) - Regional Development Program: ACOA is the federal economic development agency for Atlantic Canada and a prior funder of Venn Innovation. It is not a peer innovator but a primary ecosystem sponsor and stakeholder that conditions the operating environment for innovation hubs like Venn.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks4 records
Key highlights4 records
Customer concentration
Venn Innovation social profiles
Digital presenceVenn Innovation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Venn Innovation leadership team
Management profileNumber of profiles
Profiles1 record
Venn Innovation funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Venn Innovation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Venn Innovation
What does Venn Innovation do?
Venn Innovation was founded by a group of tech economy entrepreneurs and stakeholders to support innovation-based economic development. The organization provides services and programs aimed at fostering the tech economy and innovation ecosystem in Atlantic Canada. No specific products or detailed service offerings are publicly documented.
When was Venn Innovation founded?
Venn Innovation was founded in 2017. It employs 1 to 10 people.
Where is Venn Innovation based?
Venn Innovation is headquartered in Moncton, Canada, in the North America region.
Who are Venn Innovation's main competitors?
Direct peers on record are Volta, Propel ICT and Innovation Factory. Regional players are Planet Hatch and Bioenterprise Canada. Broad incumbents are Communitech, DMZ (Toronto Metropolitan University), MaRS Discovery District and Creative Destruction Lab. Atlantic Canada Opportunities Agency (ACOA) - Regional Development Program is listed as an others.
Does Venn Innovation have an API?
No public API is recorded for Venn Innovation.
What industry is Venn Innovation in?
Venn Innovation's product category is Economic Development Services. Its primary akta.pro industry code is EDAHAHAH, Entrepreneurship, Innovation & Venture Creation Centers, with a secondary code of EDAMAHAD, Innovation & Design Thinking Programs. Its NAICS code is 5417 and its SIC code is 8600.