Mode VC
Ontario

Portage Ventures

Portage Ventures, based in Ontario, is a specialist fintech investor that mostly leads Seed, Series A, and Series B rounds with checks ranging from $1 million to $30 million.

WebsitePortfolioPitch pageTeam page
Entry stageSeed, Series A, Series B
Check size$1M to $30M
Leads roundsYes
FocusFintech
Latest fundUS$600M (2024)US$600M Ventures Fund IV (final close; 2026-09-15) (2024)
Investing team4 peopleNo activity since Sep

Who you would pitch at Portage Ventures

4 people on the investing team, 4 of them partners who can make the call. Partners are listed first.

Adam Felesky
Adam FeleskyManaging Partner & CEOHe previously founded Horizons Exchange Traded Funds and worked at JPMorgan and CIBC World Markets.
Ricky Lai
Ricky LaiGeneral Partner, Portage VenturesFocus: early-stage fintech investments globally.
Stephanie Choo
Stephanie ChooGeneral Partner & Co-Head, Portage VenturesShe focuses on fintech investments and previously worked at Boston Consulting Group and a mobile payments startup.
Hélène Falchier
Hélène FalchierPartner, Portage VenturesShe previously founded Open CNP and held investment roles at CNP Assurances and Ecureuil Vie.

Work here and something is wrong? Ask for a correction.

Writes $1M to $30M checks. Its smallest check is larger than 83% of firms in the atlas.

Bars: how many firms in the atlas report each band. Highlighted: this firm.

No recent activity since September 2026. Quiet does not mean closed.

Weekly count of activity updates. Activity is not a confirmed deal.

Before you pitch

Ownership target7-10%
How to reach them[email protected]

In their words

Home - PortageBacking the founders at fintech's frontier. Investors with the expertise to take leaders further, faster.portageinvest.com
Founders and investors at a Mode VC gathering

Send Mode VC your deck

Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.

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Alert me when Portage Ventures is active

One email when this firm shows new activity. Nothing else.

Firms like Portage Ventures

Foundation Capital$1M to $30M+ · active Sep 25
MassMutual Ventures$1M to $10M · active Oct 8
OMERS Ventures$3M to $30M
Ribbit Capital$1M to $30M+ · active Sep 30
645 Ventures$1M to $30M
Nyca Partners$1M to $30M

On these lists

Seed fintech investors in Canada12Series A fintech investors in Canada8Seed investors in Canada811Series A investors in Canada694Seed fintech investors225Series A fintech investors158Series B fintech investors74Series B investors in Canada26

Questions

What stage does Portage Ventures invest in?

Portage Ventures reports entry at seed, series a, series b.

How much does Portage Ventures invest?

Portage Ventures reports checks of $1M to $30M.

Does Portage Ventures lead rounds?

Yes. Portage Ventures says it can lead.

Who are the partners at Portage Ventures?

Adam Felesky (Managing Partner & CEO), Ricky Lai (General Partner, Portage Ventures), Stephanie Choo (General Partner & Co-Head, Portage Ventures), Hélène Falchier (Partner, Portage Ventures).

Is Portage Ventures active right now?

No recent activity since September 2026.

Work at Portage Ventures? Claim or correct this profile.