
FounderFuel
Founded 2010 · Montreal, Canada
We are Canada’s Leading Venture Accelerator
Alumni startups
96
Total investments
96
Successful exits
12
Funding raised
$470M
About the program
FounderFuel helps founders reach escape velocity. A 3-month intensive accelerator program that helps tech founders develop the skillsets and mindsets to turn their vision into world-changing companies. FounderFuel is a mentor-driven venture accelerator that helps early-stage startups make meaningful progress on the venture path. Backed by Real Ventures, Canada’s most active seed-stage venture firm, we have invested in 96 companies since 2011, including Sonder, Transit, Unsplash, Mejuri, Benchsci, Login Radius, XpertSea and Bus.com. Our portfolio companies have gone on to raise over $470M in financing.
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Investment offer
FounderFuel invests $120K CAD into each company that participates in the program. It is made up of a $100K SAFE with a 20% discount and a post-money valuation cap of $4M, as well as a $20K equity investment for 5% of the company in founder shares (all in CAD).
We invest in internet-focused startups via a venture accelerator model.