Rho Canada

Rho Canada

Rho Canada, based in Montreal, is dedicated to backing leading, early-stage technology-based companies in Canada. Formed in 2006, Rho Canada is affiliated with Rho Ventures in the US and leverages off Rho Ventures' 25+ years of experience in investing in venture-stage companies.

The Rho Canada team is led by Jeff Grammer and Antoine Paquin, serial entrepreneurs who have previously successfully built, as CEO's, a number of venture-backed companies, both in the US and Canada.

Venture Capital

News on Rho Canada

TSX Ignite Delivers Information-Dense, Rapid-Fire Discussions
The TSX Ignite live event series kicked off in Toronto earlier this week. The events have taken place across the country since 2014 with the expressed goal of bringing advisors and business leaders... more
Figure 1 Adds $5 Million to Series A Round from Union Square Ventures, Others
Figure 1 has added to its Series A round. The Toronto startup raised $5 million from Union Square Ventures as well as existing backers Version One Ventures and Rho Canada Ventures. The Canadian... more
AirVM Raises $8 Million Series A Round from RHO Canada Ventures, Others
Ottawa's AirVM, a cloud management platform company, today announced it has closed $8 million in Series A funding. Led by RHO Canada Ventures, joined by Build Ventures, and current investor... more
Plotly Data Science Platform Used by NASA and Google Raises $5.5 Million
90% of the world's data was created in the past few years. Smart companies want to study and capture value from their data. Plotly is addressing this need by powering interactive graphs and... more
Resson Aerospace Takes Flight With $3 Million In Venture Capital Funding
Fredericton's Resson Aerospace, a bioinformatics and data analytics company, announced today that it raised $3 million in venture capital funding led by Rho Canada Ventures and Build Ventures.... more
Figure 1, an 'Instagram for Doctors,' Raises $4 Million from Union Square Ventures and Others
A Toronto-based medical photo sharing app has raised $4 million in financing. Figure 1 today raised $4 million in a round led Union Square Ventures for its app that, at 125,000 users, is drawing... more
Figure 1 Makes Photo Sharing App Available on Full Suite of Devices
Toronto startup Figure 1 announced today on their blog that their photo sharing app for health professionals is now available for Android and the web. Originally only available on iOS devices,... more
Canadian Financing Forum Reveals List of Panelists
The Canadian Financing Forum is just two weeks away. Event organizers have revealed the panelists for the event, and if we can judge the forum based on its roster of speakers (and usually that is... more
DMZ Alumnus Startup Figure 1 Raises $2 Million Seed Round
Digital Media Zone at Ryerson University alumnus company Figure 1 announced today that it has raised $2 million in seed funding. Figure 1, which developed a healthcare photo sharing app, incubated... more
Waterloo's Auvik Networks Raises $6 Million from BDC Venture Capital IT Fund and Others
Waterloo-based Auvik Networks has secured a $6 million first round of funding from Celtic House Venture Partners, Rho Canada Ventures, BDC Venture Capital IT Fund, and its founders. The Canadian... more
Canadian Startup Frank & Oak Raises $5 Million to Create Hassle-free Online Shopping for Men
Canadian startup Frank & Oak, which launched in February, has raised $5 million from Canadian and US investors, including Rho Ventures and Real Ventures Canada. Lightbank led the round. Frank... more
ShopLocket Raises $1 Million in Funding to Grow its Team and Power the Next Wave of E-commerce
Just three months ago, Toronto-based startup ShopLocket officially launched in open beta with a goal to turn the traditional destination commerce model on its head. Today, the company announced... more
Teralys Capital Injects $50 Million in Rho Canada Venture Fund II to Invest in Tech Startups
Teralys Capital has announced a $50 million investment in Rho Canada Venture Fund II, concurrent with its initial closing of $100 million. Rho Canada, based in Montréal, will build... more
Montreal's Beyond the Rack raises a whopping $36 Million Round
Montreal's Beyond the Rack today announced that it has closed a $36.6 million investment round led by Silicon Valley-based Panorama Capital with additional investment from Export Development... more
Toronto's Chango closes $4.25 Million round
TechCrunch reported this morning that Toronto's Chango has completed a $4.25 Million Series B financing. The investment was led by Rho Canada, a division of NY-based Rho Capital Partners, and... more
Rick Segal continues to raise for Fixmo
Former JLA Ventures VC Rick Segal continues to prove that Canada may be the the best place on the planet to start a business. Segal's Toronto-based mobile software utilities startup announced... more
NetShelter expands to the United Kingdom
Toronto's NetShelter Technology Media announced today its expansion into the United Kingdom opening a London office to be led by former Starcom Mediavest International and IDG veteran Darren... more
NetShelter closes $11.1 Million Series A Round
NetShelter Technology Media announced today that it has closed an $11.1 million Series A round of financing from Rho Canada, GrowthWorks and JLA Ventures. Proceeds of the minority investment will... more

Rue Main
Montréal, Québec, Canada