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Panache Ventures

Panache Ventures is a Canadian pre-seed and seed fund founded in 2018, with offices in Montreal, Toronto, Calgary and Vancouver. It writes first cheques of up to $1.5M and says its 100-plus portfolio companies have collectively raised over $3.3B. Founding partner Patrick Lor sat on TechVancouver's VC-founder panel in October 2019.

Venture capitalFounded 2018panache.vc
$100MFund II, the firm's second pre-seed and seed fund, writing first cheques of up to $1.5MPanache Ventures
100+portfolio companies, which Panache says have collectively raised over $3.3BPanache Ventures
$58M+committed to Fund I, reported alongside the Fund II announcement on 2022-09-08Vancouver Tech Journal, 2022-09-08

The people

PL
Patrick LorFounding partnerprofile coming

What they build

Pre-seed investment
Seed investment
Follow-on capital

Open roles via the TechTO Job Board

Working at Panache Ventures

Browse open roles across the community on the TechTO Job Board — Canada’s most connected tech network. Panache Ventures’s roles show up here whenever they post.

Open roles on the TechTO Job Board ↗Or their own careers page: panache.vc/careers ↗

Jobs live on jobs.techto.org — the only structured source. We link to it rather than scraping career sites, so the board is always the source of truth.

On the TechVancouver stage

Every talk is searchable — ask the archive about Panache Ventures

About

Panache Ventures backs Canadian companies at pre-seed and seed, writing first cheques of up to $1.5M out of a $100M second fund. It was founded in 2018 by a team that came out of 500 Startups Canada, raised over $58M for Fund I, and announced Fund II on 8 September 2022. The firm counts more than 100 portfolio companies, among them Certn, Clutch, Dooly, Spocket and Tailscale, and says they have collectively raised over $3.3B. Founding partner Patrick Lor — previously a co-founder of iStockphoto, sold to Getty Images — sat on TechVancouver's October 2019 panel, alongside founders from Certn and Allocadia, on how founders and investors actually work together.

Backers

A venture fund rather than a venture-backed company. Vancouver Tech Journal reported its limited partners as including Alberta Enterprise Corporation, Ontario Capital Growth Corporation, Investissement Quebec, BMO Financial Group and TELUS Ventures.

Some figures are founder-stated, not independently confirmed

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Quick answers

What stage does Panache Ventures invest at?

Pre-seed and seed. The firm writes first cheques of up to $1.5M out of a $100M second fund and follows on into later rounds.

Where is Panache Ventures based?

It has no single head office. Panache lists offices in Montreal, Toronto, Calgary and Vancouver, and invests across Canada.

What did Panache say on the TechVancouver stage?

Founding partner Patrick Lor joined an October 2019 panel with Certn and Allocadia on the founder-investor relationship — how founders should pick an investor, and what happens to that relationship when a company hits turbulence.

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Maintained by TechTO · facts sourced and dated · last reviewed Aug 9, 2026