VC launchpad Diagram raises $25 mln fund, invests in Dialogue, Collage

Diagram Ventures, a new Canadian venture capital firm led by Founder and CEO François Lafortune and Chairman Paul Desmarais III, has closed a $25 million debut fund. The fund was backed by Portag3 Ventures, the fintech venture fund of Power Corp, and more than 50 angel investors, including Hootsuite CEO Ryan Holmes and former Rogers CEO Nadir Mohammed. Diagram will make a few, large investments in Canadian startups in financial, insurance and healthcare technology. It has already backed two companies: Dialogue, a Montréal virtual health and wellness platform, and Collage, a Toronto cloud platform that automates human resources and benefits.

24 January 2017•3 mins read
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