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Working at Koru
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About
Koru is the Ontario Teachers' Pension Plan's venture studio, working out of downtown Toronto. It is a builder rather than a cheque-writer: the studio sources and validates new business concepts with Teachers' portfolio companies, then builds and oversees the ones that survive. Its named ventures include FYLD, an AI field-service management platform for frontline work, and Fig Financial, which embeds consumer lending where Canadians already are. Its sectors span healthcare, B2B services, financial services and climate tech.
Backers
Wholly funded by the Ontario Teachers' Pension Plan.
Quick answers
What is Koru?
A venture studio in downtown Toronto funded by the Ontario Teachers' Pension Plan. It builds new companies with Teachers' portfolio businesses rather than investing in existing startups.
What has Koru built?
Its named ventures include FYLD, an AI field-service management platform, and Fig Financial, a Canadian consumer lender. The studio works across healthcare, B2B services, financial services and climate tech.
Is Koru a venture capital fund?
No. It is a studio: it sources and validates concepts itself, then builds and oversees the ventures, rather than writing cheques into other people's companies.