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First Ascent Ventures
Toronto, CanadaWebsite ↗
First Ascent Ventures (FAV) is a venture capital firm founded in 2015 that invests in early-stage, emerging, and growth-oriented enterprise software companies in the information technology sector. The firm seeks out companies developing innovative enterprise software that utilizes cloud, artificial intelligence (AI), machine learning, big data, cloud computing, 5G, mobility, blockchain, and the Internet of Things (IoT), with an additional focus on privacy and security.
Last raised
Aug 2021
5y 2mo ago
Latest fund size
$125M
FAV Fund II
AUM
—
Funds raised
Capital this firm has raised, newest first
FAV Fund II
Aug 2021 · Fund II
$125M
FAV Fund I
Jan 2015 · Fund I
$100M
Recent investments
Companies this firm has funded, newest first
| Company | Round | Amount | Date | Source |
|---|---|---|---|---|
| Burai | — | — | Nov 2025 | firstascentventures.com ↗ |
| Osano | Series B | $25M | Aug 2023 | prnewswire.com ↗ |
| Shinydocs | Series A | $8.5M | Jan 2023 | betakit.com ↗ |
| Darwin CX | Series B | $15M | Dec 2022 | prnewswire.com ↗ |
| Thentia | Series B | $30M | Nov 2022 | businesswire.com ↗ |
| Andgo | Series A | $4.1M | Feb 2022 | betakit.com ↗ |
| POTLOC | Series B | $35M | Dec 2021 | prnewswire.com ↗ |
| Sama | Series B | $70M | Oct 2021 | prnewswire.com ↗ |
Sources
Where this data came from