Sandpiper Ventures
- Company typePrivate
- Founded2020
- HeadquartersHalifax, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
Sandpiper Ventures firmographics
Firmographics- Name
- Sandpiper Ventures
- Legal name
- Sandpiper Ventures
- Website
- https://sandpiper.vc
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Sandpiper Ventures industry classification
Industry- Product category
- Venture Capital and Private Equity
- NAICS
- Other Financial Investment Activities (5239), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
- akta.pro secondary industries
- Micro-VC & Angel Funds (FSANAAAI), Emerging Manager / Seeding Platforms (Multi-Manager) (FSANAGAF)
Keywords
Where Sandpiper Ventures is headquartered
LocationHeadquarters
- HQ city
- Halifax
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Sandpiper Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Fund Management: Sandpiper Ventures generates returns through management fees on managed capital and carried interest (performance fees) on successful portfolio exits. As a seed-stage VC fund, they invest in women-led companies and generate returns when portfolio companies achieve exits through acquisition or IPO.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels7 records
Sandpiper Ventures product offering
Product offeringCore offering
Sandpiper Ventures is a high-conviction, early-stage venture capital fund that invests in tech-enabled companies led by women in Canada. The fund deploys capital at the pre-seed, seed, and Series A stages, primarily in Health, Energy and Infrastructure, and Future of Work sectors, while providing operator insight, board leadership, and access to global networks to portfolio founders. Fund I closed at an oversubscribed $20M CAD in August 2022 and the firm is now deploying Fund II.
Product overview
Sandpiper Ventures operates as a single unified investment fund (Sandpiper Venture Fund I/SVF I) focused on early-stage women-led tech companies in Canada. The fund's core offering is capital deployment combined with strategic guidance, operator insight, board leadership, and access to global networks. The fund primarily targets companies in Health, Energy and Infrastructure, and the Future of Work sectors, requiring at least one woman in a C-level position with meaningful equity. Sandpiper closed its inaugural Fund 1 at an oversubscribed $20M in August 2022 and is currently investing from Fund II.
Differentiator
Problem solved
Functional benefit
Products and services
- Sandpiper Ventures Fund I (SVF I) Inaugural early-stage venture capital fund providing equity capital, operator insight, board leadership, and global network access to women-led Canadian tech companies at pre-seed, seed, and Series A stages.
- Sandpiper Ventures Fund II
Quantifiable outcome
- Companies missed by traditional VC deliver 1.5-2.4x higher MOIC and 15-20 percentage point IRR premiums
- +2 more outcomes
Companies that use Sandpiper Ventures
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Sandpiper Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sandpiper Ventures partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Canada51coreCo-founded partnership between Atlantic Women's Venture Fund (now Sandpiper Ventures) and The51 (Calgary), creating a nationwide vehicle for supporting female-led businesses. Aims to radically increase women's participation in Canada's innovation-driven economy.
- The51coreCalgary-based investment platform partnered with Atlantic Women's Venture Fund to create Canada51 initiative supporting women founders across Canada.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Sandpiper Ventures competitors and assessment
Company assessmentDirect peers
- The51: Calgary-based investment platform and fund co-founder of the Canada51 partnership with Sandpiper. Both focus on backing women founders in Canada with early-stage capital, making it the most directly comparable peer.
- Backstage Capital: US-based early-stage fund investing in companies led by underrepresented founders, particularly women, people of color, and LGBTQ+ founders. Operates in the same structural-inefficiency thesis space targeting overlooked talent pools.
- Female Founders Fund: New York-based seed-stage venture fund investing exclusively in female-founded companies, with a focus on technology and consumer businesses. Closest US analogue to Sandpiper's mandate and stage.
- SoGal Ventures: Global early-stage venture firm investing in diverse founders, with both US and international presence. Competes with Sandpiper for the same diverse-founder deal flow thesis at seed stage.
- Golden Seeds: One of the largest US early-stage investor networks actively seeking companies where at least one woman is in senior leadership. Directly comparable mandate to Sandpiper's women-C-level focus.
Regional players
- Whitecap Venture Partners: Canadian early-stage VC that has co-invested with Sandpiper in Future Fertility. Operates in the same Canadian geography with a comparable Seed-to-Series A stage focus, though without the women-founder mandate.
- Brightspark: Canadian VC that led Callia's Series A alongside Sandpiper. Operates in the same Canadian geography at similar early stages, providing a direct comparison point for Sandpiper's performance within the Canadian VC ecosystem.
- MaRS Investment Accelerator Fund (IAF): Canadian seed-stage fund of funds and direct investor in tech startups, based in Toronto. Competes with Sandpiper for Canadian tech deal flow at similar stages, though with broader sector and founder mandates.
Emerging players
- BBG Ventures: US seed-stage venture fund backed by BB&G (Built By Girls) focused on consumer tech and female-led founding teams. Comparable thesis but smaller scale and earlier stage than Sandpiper's portfolio construction.
- Pipeline Angels: Network of women investors deploying capital in women-led startups, primarily at pre-seed and seed stages via angel syndicates. Operates at the same founder segment but with an angel-network rather than institutional-fund model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat1 record
Key risks5 records
Key highlights6 records
Customer concentration
Sandpiper Ventures social profiles
Digital presenceSandpiper Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sandpiper Ventures leadership team
Management profileNumber of profiles
Profiles8 records
Sandpiper Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sandpiper Ventures M&A and investment
M&A and investmentM&A
Investments24 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sandpiper Ventures
What does Sandpiper Ventures do?
Sandpiper Ventures is a high-conviction, early-stage venture capital fund that invests in tech-enabled companies led by women in Canada. The fund deploys capital at the pre-seed, seed, and Series A stages, primarily in Health, Energy and Infrastructure, and Future of Work sectors, while providing operator insight, board leadership, and access to global networks to portfolio founders. Fund I closed at an oversubscribed $20M CAD in August 2022 and the firm is now deploying Fund II.
Is Sandpiper Ventures a public or private company?
Sandpiper Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Sandpiper Ventures founded?
Sandpiper Ventures was founded in 2020. It employs 1 to 10 people.
Where is Sandpiper Ventures based?
Sandpiper Ventures is headquartered in Halifax, Canada, in the North America region.
How does Sandpiper Ventures make money?
One revenue line is on record: fund Management.
Who are Sandpiper Ventures's main competitors?
Direct peers on record are The51, Backstage Capital, Female Founders Fund, SoGal Ventures and Golden Seeds. Regional players are Whitecap Venture Partners, Brightspark and MaRS Investment Accelerator Fund (IAF). Emerging players are BBG Ventures and Pipeline Angels.
Does Sandpiper Ventures have an API?
No public API is recorded for Sandpiper Ventures.
What industry is Sandpiper Ventures in?
Sandpiper Ventures's product category is Venture Capital and Private Equity. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B), with a secondary code of FSANAAAI, Micro-VC & Angel Funds. Its NAICS code is 5239 and its SIC code is 6282.