We’re MaRS IAF — one of Canada’s most active early-stage investors. We back ambitious founders building breakthrough technology companies, with a strong presence in Ontario — from first cheque to growth.
We invest early, often first, backing founders as they grow.
Our Track Record
180+ Number of Investments
$90M+ Capital Deployed
$2B+ Total Follow-on Funding
80%+ Total Follow-on Ratio
50+ Exits
The IAF Difference
The MaRS IAF team of experienced investors, operators and builders has a proven track record of success. We back ambitious founders with a strong presence in Ontario — from day zero through seed stage. Alongside capital, we provide the guidance, networks and customer access needed to help build globally competitive technology companies. As an evergreen fund, we maintain the ability to consistently deploy capital and support new investments.