Portage VC

Portage

Latest fund size

$600M

Announced

September 17, 2026

Global HQ

Canada

Members only

Check size

$2M-$10M

Members only

Stage focus

Seed, Series A, Series B, Series C

Members only

Regions of investment

North America, Europe, Middle East

Members only

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.

Contact info

portageinvest.com

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Adam Felesky — Co-Founder & CEO

afelesky@portageinvest.com

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Stephanie Choo — General Partner & Co-Head

schoo@portageinvest.com

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Tripp Shriner — General Partner

tshriner@portageinvest.com

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Devon Kirk — General Partner

dkirk@portageinvest.com

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Daniel Ballen — Partner

dballen@portageinvest.com

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Gabi Makari — Principal

gmakari@portageinvest.com

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Alex Tung — Partner

atung@portageinvest.com

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Jake Bodanis — Partner

jbodanis@portageinvest.com

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Tamara Chackeris — Vice President

tchackeris@portageinvest.com

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Ryan Baudo — Associate

rbaudo@portageinvest.com

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Alex Sun — Associate

asun@portageinvest.com

Members only

Names, roles, emails and LinkedIn profiles for the team, plus the fund's website.

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.

Members only

What the fund looks for in founders and which sectors it backs.

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.

Members only

Fund size, LPs and track record.

Other information

Leadership

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

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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.

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Notable Investments

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

Members only

Leadership, investment strategy, notable investments and exits.

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