VC firm
First Ascent Ventures
- Investor type
- VC
- Investing status
- Activeas of 2026-09-17Source (opens in a new tab)
- Headquarters
- Toronto, ON, Canada
- Founded
- 2015
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Record updated 30 September 2026
About
First Ascent Ventures (FAV) was founded in 2015 and invests in early stage, emerging and growth-oriented enterprise software companies in the information technology sector (ICT).
Investment approach
- Thesis
- First Ascent Ventures is looking for companies that are developing innovative Enterprise Software that leverages the 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.Source (opens in a new tab)
- Takes board seats
- Yes
- Board policy
- In order to add value we require a board seat and actively assist management teams to grow their business.
- Eligibility
- Our target companies have growing monthly recurring revenues with a strong product offering and top tier customer references.
- Traction requirement
- Our target companies have growing monthly recurring revenues with a strong product offering and top tier customer references.
- Investing status notes
- The Fund is an active investor and is highly focused on helping entrepreneurs to scale their businesses to compete on a global stage by not only providing capital, but leveraging the collective experience of the FAV team.
Locations
- Office
- Toronto, ON, Canada
- Office
- San Francisco, CA, United States
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