LOI Venture

LOI Venture

Financial Services

Vancouver, British Columbia 4,174 followers

Early stage venture fund co-founded by Ryan Holmes and Manny Padda backing the top tech founders under 30

About us

LOI Venture is a $20M Pre-Seed Fund focused on backing founders under 30 attending the League of Innovators Accelerator Program. The fund was co-founded by Ryan Holmes and Manny Padda to help accelerate early stage startups in Canada. In 2017, Ryan Holmes (Co-founder of Hootsuite) founded League of Innovators, a charity with a mission to help accelerate the growth of young entrepreneurs in Canada. To date, the program has graduated 250 businesses with a combined valuation of nearly $1B. In December 2021, Ryan and fellow board member Manny Padda (Angel Investor/Board Member of League of Innovators) co-founded LOI Venture. The $20M fund, ranging in pre-seed and seed-stage cheques, will be positioned to help accelerate early-stage startups in Canada who enrol in the LOI program.

Website
https://www.loi.vc/
Industry
Financial Services
Company size
2-10 employees
Headquarters
Vancouver, British Columbia
Type
Privately Held
Founded
2021
Specialties
startups, technology, marketing, and retail

Locations

Employees at LOI Venture

Updates

  • View organization page for LOI Venture, graphic

    4,174 followers

    Breaking News: The Bee Savior Has Arrived! And wanna know the coolest part? We *just invested* in them. 🍯🐝 Quorum Earth, part of IndieBio New York's Class 9, is creating quite the buzz with their groundbreaking bio-pesticide. This natural solution is taking on the #1 threat to honey bees: the Varroa Destructor Mite. Meet the co-founders, Chris K. and Nicholas Naeger. You can tell they're onto something as they just got accepted into IndieBio led by Stephen Chambers a couple of days ago alongside a world-class cohort. Here’s the facts that got them thinking... 🐝 1. Virus Vector: Varroa mites not only feed on bees but also spread viruses like Deformed Wing Virus, severely impacting bee populations. 🌎 2. Global Spread: Since the 1980s, Varroa mites have infested honey bees worldwide, threatening agricultural pollination. 🌱 3. Bee Resilience: Some bee populations are developing resistance traits, such as grooming behaviours, to combat mite infestations. This is an urgent problem that requires an intervention. And we believe that Chris K. and Nicholas Naeger are well-positioned to solve this. Wanna learn more? Drop them a line at welovebees@quorumearth.com #SaveTheBees #sustainability #agtech #biopesticides #startups

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    4,174 followers

    Help us give some big claps to Amanda and Kelsey for being named “Innovators of the Week” by Avenue Calgary Magazine 📰👏 Don’t know about their startup @lead.with.monark? It’s an AI-powered app that provides customized leadership and educational resources for high-achieving leaders Launched in 2020, they became one of 11 North American startups selected for the Google for startups’ women founders class of 2023 and the team of 14 serves organizations of 50 to 50,000 people across North America 🌎 #leadership #tech #ai #startups

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    4,174 followers

    Missing the summer sunshine? We've got some news that'll brighten your day. LOI Venture has *just invested* in Rainbo 🎉 🍄 Wanna know the coolest part? They're building something powerful for the world and receiving a ton of traction along the way. Here's the math. In today’s fast-paced world, over 50% of people struggle with chronic health conditions, stress, anxiety, and depression. Founded by Tonya Papanikolov, B.Sc., CNP, her and the Rainbo team discovered most of the issues arise from a profound disconnection - from ourselves, each other, and the natural world. Through scientific analysis, Tonya and her team learned that Fungi bridges the gap in our ecosystems and within our bodies, linking our immune and nervous systems. Tonya found that by harnessing fungi's powerful benefits, we can address the interconnected challenges of the mind, body, and spirit, fostering holistic well-being for both individuals and our world as a whole. Their products are guided by science and grounded in healing. Not only is Rainbo already sold across Canada in Whole Foods, but they are also: - B-corp certified, - Women-owned, - Vegan, Non GMO, Made in Canada - Featured in Forbes, Bloomberg, New York Times and Vanity Fair - And most importantly loved by their community with 1,000+ 5-star reviews Want to learn more about Rainbo? Send us an email at hello@loi.vc and we'll introduce you to Tonya, Simon and their team. #startups #entrepreneurship #health

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    4,174 followers

    A couple weeks ago, Kelsey Hahn shared her startup story of building Monark at FuckUp Nights YYC. Spoiler alert, she spilled the beans about every big mess-up she's made: - Like when she spent a bunch of their initial capital on code that isn't in the product today... - Or how when their corporate bank account had a -$28 balance 5 days before she gave birth to her 2nd daughter... - Or when she got a $5,750 ticket during COVID for failing to get a negative test... She ended her speech reminding the 200 attendees of one important thing: That her "why" and her purpose have kept her going throughout the last 4 years. And that it will keep her going for the next 20. The question everyone needs to ask themselves is - "Do I have a why BIG enough that will keep me going for the same amount of time if I'm going to build a VC-backed startup? If not, get back to the drawing board. #startups #entrepreneurship #technology

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  • View organization page for LOI Venture, graphic

    4,174 followers

    Sliding into the DMs just got that much cooler. Today, Blossom Social unveiled "Superchat" - the ultimate chat experience for investors. Unlike other messaging features, Blossom completely reimagined the messaging experience with a tailor-made solution built specifically for investors Introducing the Blossom Investing Superchat - now live on the App Store and Google Play! To get access, make sure you update your Blossom app to the latest version! With Blossom Investing Superchat, users can: - 📈 Tag stocks and charts directly in the chat - 💸 Show off your buys, sells, and daily portfolio performance - 🐝 Share custom Blossom stickers - 🔐 And stay safe from scams with our powerful scam detection After months of hard work, it's time to release it to the world. Congrats Maxwell Nicholson, Annika Ng, Brandon Beavis, Kartik Bhutani, Tim Johnson and Blossom team!

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