Portage VC

Portage

About

Portage Ventures is a global fintech-focused venture capital firm established in 2016 as part of Sagard, the multi-strategy investment platform backed by Power Corporation. The firm manages $7 billion in assets across its Portage platform, spanning venture capital, growth equity, and secondaries, and has backed more than 140 portfolio companies across 15 countries.

Investment Focus

Portage Ventures invests in fintech and financial services companies from seed through Series C, spanning wealth and asset management, banking, insurance, and payments.

The firm's current thesis centers on AI-driven infrastructure disruption within financial services, with particular emphasis on wealth management.

Portage invests across North America, Europe, and the Middle East, and pairs capital with access to its network of financial institutions and strategic partners.

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Fund

Portage announced the final close of Portage Ventures Fund IV at $600 million in September 2026.

New strategic limited partners Broadridge and Fifth Third Bank joined the fund alongside Portage's existing institutional investor base.

Co-founder and CEO Adam Felesky said the firm deliberately did not chase a larger fund size, a signal in a fintech venture market that has grown more selective about capital deployment.

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Other Information

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Leadership

  • Adam Felesky — Co-Founder & CEO
  • Stephanie Choo — General Partner & Co-Head

Investment Strategy

Portage backs fintech founders from seed through Series C, emphasizing commercial networks and strategic partnerships with financial institutions to help portfolio companies scale.

Across Funds III and IV, the firm has made 35 investments, with the large majority outside Canada.

Notable Investments

  • Borrowell
  • Conquest Planning
  • Koho Financial
  • Wealthsimple
  • Fiscal.ai
  • Nesto

Contact Info

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portageinvest.com

Adam Felesky — Co-Founder & CEO

afelesky@portageinvest.com

Stephanie Choo — General Partner & Co-Head

schoo@portageinvest.com

Tripp Shriner — General Partner

tshriner@portageinvest.com

Devon Kirk — General Partner

dkirk@portageinvest.com

Daniel Ballen — Partner

dballen@portageinvest.com

Gabi Makari — Principal

gmakari@portageinvest.com

Alex Tung — Partner

atung@portageinvest.com

Jake Bodanis — Partner

jbodanis@portageinvest.com

Tamara Chackeris — Vice President

tchackeris@portageinvest.com

Ryan Baudo — Associate

rbaudo@portageinvest.com

Alex Sun — Associate

asun@portageinvest.com

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