Allied Venture Partners

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Overview

Allied Venture Partners is an angel investor group and early-stage venture syndicate based in Western Canada, investing in seed and Series A software and technology startups across Canada and the United States. It connects over 2,000 limited partners from more than two dozen countries to vetted dealflow, having deployed $6.3 million across 24 companies with 39 investments and $525 million in aggregate valuation. The group focuses on infrastructure software with strong teams and post-revenue traction, sourcing deals through a network of venture scouts and deal partners.

History

Allied Venture Partners was founded in 2020 by Matt Wilson, who started it as a business school capstone thesis evolving from his experience as an angel and VC scout. It grew rapidly to over 2,000 investors and expanded its network across North American tech ecosystems. Key milestones include 39 investments in 24 companies, 15 follow-on rounds, and recent deals like the Seed VC in Bavovna in October 2024.

Notable Products

  • Bavovna Seed VC - $2.7M Seed investment on October 23, 2024, with Network.VC and Presto Ventures.
  • Ediphi Seed VC - $1.5M Seed investment on September 4, 2024.
  • Trace Pre-Seed - $2M Pre-Seed investment on March 1, 2024, with multiple co-investors including Astir Ventures.
  • GroWrk - Investment in furniture subscription platform founded by experienced team from CasaOne.

Reputation

Allied Venture Partners is viewed as a reliable source of vetted early-stage dealflow for angel investors seeking North American tech opportunities. Professionals note its disciplined VC-like diligence and network for follow-on support. It has a track record of 19+ investments but remains smaller-scale compared to top-tier VCs.

Sources (5)
  1. https://www.allied.vc/about
  2. https://privateequitylist.com/investors/allied-venture-partners
  3. https://www.cbinsights.com/investor/allied-venture-partners
  4. https://www.allied.vc
  5. https://venture.angellist.com/allied-venture-partners/syndicate