Toronto-based Simple Ventures has raised $15 million to supercharge new company creation in Canada. The venture builder—backed by TD Innovation Partners, Sun Life, Sobeys, and entrepreneurs behind Shopify, Wealthsimple, and Knix—wants to reverse Canada’s founder drain.
Unlike VCs, Simple Ventures co-creates startups, validating ideas and funding them to scale. Its portfolio already includes Alma Care, Harvest, and Zero Collective, which together generated 100 jobs in 18 months. CEO Rachel Zimmer calls it a “call to action” to bring talent home. By 2030, the goal: launch 25 Canadian-headquartered ventures.
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