News
BLOG
Luge Capital Newsletter
With a running start this year, the momentum keeps building. We were very active in Q1 across Canada and the US with a new investment…
Apr 16, 2019 / 4min read. Read More
An In-depth Guide to Running Early Stage Startup Boards — Part 1 of 3
Part 1: What is a Board and what are the key legal considerations? What is the purpose of having a Board, when do you establish one and…
Apr 10, 2019 / 9min read. Read More
Luge Capital Leads 5.35M Investment in Finaeo
We are thrilled to announce that we’ve completed an investment in Toronto-based InsurTech company, Finaeo. We believe Finaeo will forever…
Mar 26, 2019 / 2min read. Read More
Luge Supports Fintechs in Open Banking Initiative
In early January, Luge was invited by the Department of Finance to provide feedback on the merits of open banking in Canada. As an active…
Feb 13, 2019 / 4min read. Read More
Startup Hustler to Shark Tank, and now Venture Investor
I am excited to announce that I have joined the Luge Capital investment team, based in Toronto. After a whirlwind of almost a dozen…
Feb 05, 2019 / 4min read. Read More
Our 2018 Highlights
Kicking off the fund, we knew it was going to be a fast ride from the start!
Dec 18, 2018 / 4min read. Read More
Status of the Canadian Fintech Landscape
By David Nault + Laviva Mazhar — Leading up to the 2018 Canada Fintech Forum, we did an assessment of the Canadian fintech landscape…
Oct 30, 2018 / 5min read. Read More
Luge Gives Recommendations to Regulators in Support of Fintech Companies
As a member of the fintech community, we believe it’s important to be engaged on the issues that impact the players in our ecosystem…
Oct 22, 2018 / 3min read. Read More
Getting your News in the News
A Mini-Guide for Startups to Gain Media Coverage
Oct 18, 2018 / 5min read. Read More
Join the Luge Capital team! We’re hiring an Investment Analyst in Toronto
INVESTMENT ANALYST @ Luge Capital, Toronto | www.luge.vc
Oct 02, 2018 / 2min read. Read More
LATEST NEWS
The State of Canadian SaaS
March 27, 2019 /BetaKit/ – I (Mark MacLeod) was in Ottawa recently to present my thoughts on the state of the Canadian SaaS industry. The fact that 500 people showed up on a Wednesday night says a lot about the state of our ecosystem. Canada is ‘SaaSy’. I...
read more
Inside the power struggle between big banks and fintechs to modernize financial services
March 27, 2019 /Financial Post/ - Innovation Nation: Canada is lagging its global peers in adopting new financial technologies and more co-operation between established banks and startup fintechs would help Canada has a rich history of innovation, but in the next...
read more
Luge Capital Leads $5.35M Investment in Finaeo to ‘Transform’ Life Insurance Distribution
March 26, 2019 /MTLinTECH/ – Don’t call it a series A. Montreal-based FinTech fund Luge Capital has announced its 4th investment in just over 9 months since the company was founded. This time around they are partnering with Finaeo, a Toronto InsurTech that’s...
read more
Insurtech platform Finaeo nabs $5.35 mln in Luge-led round
March 26, 2019 /PE Hub/ - Toronto-based insurance technology provider Finaeo has raised $5.35 million in a seed-stage financing. Luge Capital, a Canadian fintech venture capital firm, led the round. It was joined by RGAX, an affiliate of U.S. life reinsurance...
read more
Finaeo raises $5.35 Million CAD to Help Create ‘The Amazon of the Insurance Industry’
March 26, 2019 /BetaKit/ – Insurtech startup Finaeo announced today that it has raised $5.35 million CAD in funding, calling the raise an extension of its seed round. The Toronto-based company closed on $2.25 million in 2017, bringing its total funding to date...
read more
Insurtech Finaeo raises $5 million in funding to help move insurance industry forward
March 28, 2019 /Insurance Journal/ – Canadian insurtech Finaeo has raised $5.35 million in funding, led by Luge Capital, a venture capital fund focused on early-stage fintech and artificial intelligence. Finaeo CEO and co-founder Aly Dhalla said the new...
read more
Finaeo Secures $5.35 Million to Transform the Distribution of Insurance
March 26, 2019 / PRWeb/ - Today, Finaeo announces a $5.35M funding round, led by fintech-focused investor Luge Capital, supported by RGAX, the transformation unit of global reinsurer RGA, San Francisco based Rising Tide Fund, inovia capital and a strong angel...
read more
Four start-ups come out on top at the Canada FinTech Forum
Oct. 31, 2018 /Newswire.ca/ - Four Canadian start-ups won top honours yesterday at the FinTech Startup Pitch Contest, which took place during the 2018 Canada FinTech Forum, the country's largest FinTech gathering. The ten finalists, chosen among 118 start-ups...
read more
Desmarais scion says Canada’s fintech lag could hurt banks abroad
Oct. 31, 2018 /BNN Bloomberg/ - Canadian regulations are holding back the country’s financial technology industry and complicating top lenders’ foreign expansion plans, according to the Desmarais family scion in charge of Power Corp. of Canada’s start-up strategy....
read moreEVENTS
Luge will be taking part in the following events and exhibition
| Event/ Conference | Location | Start Date |
| InsurTech North | Gatineau, QC | 9-Oct-2018 |
| Money 2020 | Las Vegas, NV | 21-Oct-2018 |
| Canada FinTech Forum | Montreal | 29-Oct-2018 |
| 4th Annual Canadian FinTech and AI Awards | Toronto | 26-Nov-2018 |
| Financial Technology Conference – McGill Engineering Investment Group EIG | Montreal | 2-Feb-2019 |
