Pelorus VC

Pelorus VC is a venture capital firm established in 2015, dedicated to fostering the growth of pre-seed innovation companies in Newfoundland and Labrador. The firm partners early with founders, offering active advisory support to help them develop and commercialize their bold ideas. Pelorus VC manages Venture Newfoundland and Labrador LP I and II, private venture capital funds created in collaboration with the Province of Newfoundland and Labrador, BDC Capital Inc., and several angel investors. These funds aim to invest in and partner with talented entrepreneurs to help them commercialize their products and services while providing venture returns for investors.

The firm's investment strategy is sector-agnostic, focusing on a wide range of industries, including technology, healthcare, real estate, financial services, consumer goods, energy, education, media, telecommunications, transportation, manufacturing, retail, agriculture, construction, and hospitality. Pelorus VC invests in companies at various stages, from pre-seed to growth, with investment sizes ranging from $250,000 to $500,000. The firm has a strong commitment to building the Atlantic Canadian ecosystem and has been actively involved in scaling startup ecosystems across Atlantic Canada.

Pelorus VC's team comprises experienced professionals, including Managing Partner Chris Moyer, who has over a decade of finance and investment experience, and Partner Sarah Murphy, who has extensive experience working with early-stage technology startups. The firm's deep commitment to founders is evident in their approach, often spending six months mentoring and getting to know founders before investing. Once invested, they continue to play an active role as advisors, helping founders move from ideation to building their initial team, navigating first revenue, and scaling their businesses.