Today we are spotlighting Maple, a VC that is backing companies with Canadian roots. Andree Charoo, founding GP at Maple VC shared why they have chosen to back companies with ties to Canada.
What is the story behind Maple?
Shopify. Uber. Slack. Instacart. Cloudflare. What do all of these companies have in common? Aside from being some of the most iconic, category-defining companies in tech, they all have at least one founder with Canadian roots. After years of producing entrepreneurs on the cutting edge of innovation, Canada is finally getting its due: in the first half of 2021, investment in Canadian startups is already twice what it was for all of 2020. I think there is more that can be done to foster and support Canadian entrepreneurs — both at home and abroad — and to highlight Canada’s largest and most influential export: talent.
Canadians have created a disproportionate number of multi-billion dollar companies in the last decade, and I truly believe this is just the beginning. I’ve never been more bullish about or inspired by the caliber of talent coming out of my home country and am so proud to help build and support the global network of Canadian entrepreneurs.
What is the goal?
My goal with Maple is to invest in and be a strategic partner to promising Canadian entrepreneurs in the areas of international expansion, talent acquisition and attracting follow-on funding. As of today, I’ve written 27 checks totaling $12M to companies working in everything from restaurant tech (All Day Kitchens) to fintech (Sivo) to consumer goods (Faculty) to cloud storage (Playbook) to construction (RenoRun) to digital health (Vision) and climate (Patch).
If you are a founder with Canadian roots looking for seed stage funding or a LP interested in participating in my next fund, you can get in touch with me at firstname.lastname@example.org. You can also learn more about Maple here.