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Impression Ventures

Impression Ventures is a Toronto venture capital firm that leads seed rounds in fintech across North America. Christian Lassonde launched it in 2013 and its first investment was Wealthsimple's seed round. It typically writes $2 million into rounds of $3 million or more, takes a board seat, and says yes to two or three companies a year.

Venture CapitalTorontoFounded 2013impression.ventures
5,000+companies screened, roughly 800 a year, with two to three investments made annually — a ratio Lassonde called deliberateTechTO stage 2025-12-19
25core investments over 12 years, with four full exits, as Lassonde described the firm's track record on stageTechTO stage 2025-12-19
$70MFund IV, which Lassonde said runs the same stage, cheque size and playbook as the firm's prior funds. BetaKit reported $64M secured against a $70M target in April 2022.TechTO stage 2025-12-19
84%of Impression's investments have gone on to raise a Series A or exit, per the firm's own site (excludes the current fund)impression.ventures/about

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On the TechTO stage

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About

Impression Ventures backs financial services startups at seed, and only financial services startups. Christian Lassonde launched the firm in 2013; Maor Amar joined as a managing partner in 2016, bringing a Montreal presence, and the two have co-managed the funds since. The firm's first cheque went into Wealthsimple's 2014 seed round, and it exited in 2019 when Wealthsimple raised $100 million from Allianz X. Presenting at TechTO in December 2025, Lassonde described the model as thematic rather than reactive: the firm decides upfront which subsectors are poised for non-linear growth and then goes looking for teams already attacking them, rather than waiting for decks to land in the inbox. He said Impression has screened more than 5,000 companies, roughly 800 a year, and invests in two or three annually — a ratio he called deliberate, because the firm leads price rounds from seed through Series A, takes a board seat and reserves capital to keep backing its winners. Its limited partners are financial institutions: BetaKit reported Bank of Montreal and CIBC as returning LPs in Fund IV, and Lassonde has said on stage that the big banks, insurance companies and global family offices are the firm's LP base. The portfolio spans personal finance, tax, compliance and credit infrastructure, including Brim Financial, Owl.co, Symend, Fraction, Goose, Border Pass and Cascade.

Backers

Impression is a venture firm rather than a venture-backed company. Its LPs are financial institutions: BetaKit reported Bank of Montreal and CIBC as returning limited partners in Fund IV, alongside undisclosed family offices and an insurance company. Lassonde told the TechTO audience in December 2025 that the firm's LPs are 'big banks, insurance companies and global family offices,' and that he and Amar invest in their own funds.

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Quick answers

What does Impression Ventures invest in?

Fintech, and nothing else. The firm's site says it backs startups across banking, insurance and wealth management, including AI-enhanced underwriting, credit assessment data, robo-advising and investment management. Lassonde's on-stage framing is blunter: boring is beautiful, and rock-solid infrastructure makes unicorns.

What stage and cheque size does Impression Ventures write?

Seed. The firm says it specialises in leading seed rounds across North America, typically investing $2 million into rounds of $3 million or more, with the ideal entry point being a built first version of the product and a first customer acquired. It leads or co-leads with a standard NVCA term sheet and takes a board seat.

Who founded Impression Ventures?

Christian Lassonde, in 2013. Maor Amar, a former BMO and UBS managing director, joined as a managing partner in 2016 and the two have co-managed the funds since; he is not a founder of the firm.

What companies has Impression Ventures backed?

Wealthsimple was the first, in 2014; Impression exited in 2019. Lassonde named Brim Financial, Owl.co, Border Pass, Cascade and Goose from the TechTO stage in December 2025. The firm's site also lists Symend, Fraction, Safekeep and 401Go.

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Maintained by TechTO · facts sourced and dated · last reviewed Jul 14, 2026