Quick answers
Did Stuart M. Elman co-found Esplanade Ventures?
Yes. Esplanade Ventures' own team page lists him as "Co-Founder", next to Dr. Sheldon Elman, MD as Co-Founder & Chairman, and its about page names both men as the firm's co-founders (esplanadeventures.com, checked 2026-09-21).
What does Stuart M. Elman do now?
He is managing partner of Persistence Capital Partners, the Montreal healthcare private equity firm he co-founded with Dr. Sheldon Elman in 2008. Its team page and his bio page list that title, and the bio says he sits on the board of every PCP portfolio company (persistencecapital.com, checked 2026-09-21).
What did Stuart M. Elman do before that?
Nine years at Medisys Health Group, first as chief financial officer and later as president. He led Medisys' "IPO on the Toronto Stock Exchange in 2002" and its 2008 going-private acquisition by PCP. Earlier he worked in strategic planning and M&A at Trader Classified Media. He holds an HBA with honours from the Ivey Business School at Western. Sources: his Esplanade bio page and persistencecapital.com/stuart, both checked 2026-09-21.
What is Esplanade Ventures?
A digital health venture firm with offices in Montreal and Toronto that invests at seed to Series A with selective Series B, favours AI software and excludes invasive devices and biotech; its site says it has backed 22 companies (esplanadeventures.com, checked 2026-09-21). Its first fund closed oversubscribed above C$21 million, announced by PR Newswire on June 15, 2021, with Desjardins Group among the investors and 13 portfolio companies at the time.