Propulsion Ventures

Propulsion Ventures is a Telesystem-sponsored venture capital firm that invests in early-stage software companies in Canada. Founded in 1995, the firm is headquartered in Montreal, Quebec, and operates offices in Boston, London, and Johannesburg. Propulsion Ventures focuses on supporting innovative start-ups with high intellectual property content and significant market potential.

The firm's investment strategy targets entrepreneur-led start-ups that have developed technologies or products addressing tangible needs in large markets. Propulsion Ventures is widely recognized as a preferred investor in the Montreal, Ottawa, Toronto, and Quebec City regions. In 2005, the firm received the 'Deal of the Year Award' from the Canadian Venture Capital Association.

Propulsion Ventures has a track record of successful investments in various sectors, including technology, software, SaaS, and financial services. The firm is known for providing skilled support to entrepreneurs, leveraging its extensive experience in managing multiple funds to foster growth and innovation in the Canadian start-up ecosystem.