DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Firms / L••••• C••••••
L••••• C••••••
L••••• Ventures, Canada's largest life sciences venture capital firm, invests in healthcare innovators from early-stage to revenue-generating biotech, biotherapeutics, and medical devices. Headquartered in Toronto, Ontario.
venture manager, reported GAV $58M across 8 vehicles
Importance
28
moderate
Active deployment
8
low
Emerging
0
low
Completeness
75
high
Freshness
98
high
Research priority
6
low
Identity and regulatory footprint
- Headquarters
- Toronto, Ontario, Canadaadviserinfo.sec.gov
- Office address
- 141 ADELAIDE STREET WEST, SUITE 770, Toronto, Ontario, M5H 3L5adviserinfo.sec.gov
- Business phone
- 416-213-4223adviserinfo.sec.gov
- Website
- l•••••••••.com
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- private fund adviseradviserinfo.sec.gov
- Latest Form ADV
- Mar 25, 2024
- Private funds reported
- 8 (8 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $57.6Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- 8•••••• C••••• I••• (Class B Common Shareholder), C; B••••• G••••• A••••• (L•••••• Partner, Executive), E; L••••• C•••••• I••••••••• M•••••••• I••• (Common Shareholder), E; L••••• C•••••• G•• L••• (Unit Holder), NA; L••••• I•• G• I••• (General Partner), F; L••••• V••••••• I•• G•• L••• (Unit Holder), NA; L••••• I•• G• H••••••• C• (Unit Holder), NA; L••••• I• G• H••••••• I••• (Unit Holder), NA; L••••• V••••••• I• H••••••• L••• (Unit Holder), NA; L••••• I• G• 2••• I••• (Unit Holder), NA; T•••• F•••••••• S••••••• I••• (Class A Common Shareholder), C; L••••• C•••••• •••• I••• (Common Shareholder), E; R•••••••• B••••••• (President), E; H•••• D••••• (Ceo), E; V•• D•• V•••••• P•••• (Ceo), E; L••••• G• I••• (General Partner), F; L••••• G• H••••••• C•• (Unit Holder), NA; L••••• C•••••• •••• I••• (General Partner), F; R••••••• H••••••• I••• (Class C Common Shareholder), B
- business phone
- 416-213-4223adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- biotech, media
- Stages
- series b, growth
- Geography
- boston, canada, global
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate 0%follow-on rate 0%new logos, 12 months 2
Funds and vehicles
8 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| L••••• V••••••• I• ••••••••• L••• | Fund | 2022 adv first reported | Active deployment | $12.3M Mar 25, 2024 | 13 | unknown | unknown |
| L••••• V••••••• I• H•••••• L• | Fund | 2022 adv first reported | Active deployment | $2.3M Mar 25, 2024 | 5 | unknown | unknown |
| L••••• C•••••• I• ••••••••• L••• | Fund | 2018 adv first reported | Harvest | $4.2M Mar 25, 2024 | 3 | unknown | unknown |
| L••••• C•••••• I• G•• L••• | Feeder or parallel | 2018 adv first reported | Harvest | $2.2M Mar 25, 2024 | 5 | unknown | unknown |
| M•••• L••••• B••••••••• F••• L•••••• P••••••••• | Fund | unknown | Unknown | $28.2M Mar 25, 2024 | 4 | unknown | unknown |
| L••••• C•••••• I• ••••••••• L•••••• P••••••••• | Fund | unknown | Unknown | $7.9M Mar 25, 2024 | 5 | unknown | unknown |
| L••••• C•••••• G• L•••••• P••••••••• | Feeder or parallel | unknown | Unknown | $334,000 Mar 25, 2024 | 7 | unknown | unknown |
| L••••• C•••••• •••• L•••••• P••••••••• | Fund | unknown | Unknown | $17,783 Mar 25, 2024 | 2 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
19 current, 7 departed
D••••••• K••••••
AnalystAnalyst
I••••••• H•••••
AssociateAssociate
T••••••• W••••
Board or advisorySpecial Advisor
G•••• B••••
Managing partnerManaging Partner
P•••• v•• D•• V•••••
Managing partnerManaging General Partner · since Jul 1, 2007
V•••••• F••••••
OtherPortfolio
B••• R•••••••
PartnerManaging Director
B••••••• R•••••••
PartnerManaging Director · since Jul 1, 2007
D••••• H•••
PartnerManaging Director · since Mar 1, 2012
G••••• A••••• B••••
PartnerManaging Director · since Jul 1, 2007
N••••• T•••••
PartnerPartner
B•••• G••••••••
Platform and operationsCommunications & Operations Manager
D••••• A•••••
Platform and operationsAccounting / Office Manager
J•••• J•••••
Platform and operationsPartner and COO
J•••• J•••••
Platform and operationsPrincipal And Coo · since Mar 1, 2012
V•••• L••••••
Platform and operationsCfo · since Mar 1, 2020
L• H••
PrincipalPrincipal · since Jan 1, 2022
S•••• R••
PrincipalPrincipal
7 departed (kept with end dates)
- D••••••• K•••••• · Analyst · ? to Sep 16, 2026 Inference
- B••• R••••••• · Managing Director · ? to Sep 16, 2026 Inference
- B•••• J•••• U•••••••• · Managing Director · Jul 1, 2007 to Mar 24, 2016 Inference
- L• H•• · Partner · ? to Sep 16, 2026 Inference
- J•••• J••••• · Partner and COO · ? to Sep 16, 2026 Inference
- S•••• R•• · Principal · ? to Sep 16, 2026 Inference
- A••••• J•••• H•••• · Senior Associate · Mar 1, 2012 to Mar 27, 2015 Inference
Investments on record
2 edges, 2 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| O•••••• M•••• | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| C••••••••• | Funding round | participant | unknown | $39.5M | unknown | Mar 19, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
4 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
17 dated events
- Sep 16, 2026D••••••• K•••••• (Analyst) no longer on the team page of L••••• C••••••Person leftPeopleInferenceD••••••• K••••••Venture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026B••• R••••••• (Managing Director) no longer on the team page of L••••• C••••••Person leftPeopleInferenceB••• R•••••••Venture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026J•••• J••••• (Partner and COO) no longer on the team page of L••••• C••••••Person leftPeopleInferenceJ•••• J•••••Venture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026S•••• R•• (Principal) no longer on the team page of L••••• C••••••Person leftPeopleInferenceS•••• R••Venture organization websites (about, team, portfolio, thesis, news pages)
- Sep 16, 2026L• H•• (Partner) no longer on the team page of L••••• C••••••Person leftPeopleInferenceL• H••Venture organization websites (about, team, portfolio, thesis, news pages)
- Mar 30, 2022L••••• V••••••• I• H•••••• L• first reported on Form ADV by L••••• C•••••• (Venture Capital Fund), GAV $1,009,000Fund first reported on Form ADVFundsFactL••••• V••••••• I• H•••••• L•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2022L••••• V••••••• I• ••••••••• L••• first reported on Form ADV by L••••• C•••••• (Venture Capital Fund), GAV $11,303,000Fund first reported on Form ADVFundsFactL••••• V••••••• I• ••••••••• L•••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 1, 2022L• H•• joined Schedule A of L••••• C•••••• as Principal
- Mar 5, 2018L••••• C•••••• I• G•• L••• first reported on Form ADV by L••••• C•••••• (Venture Capital Fund)Fund first reported on Form ADVFundsFactL••••• C•••••• I• G•• L•••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 5, 2018L••••• C•••••• I• ••••••••• L••• first reported on Form ADV by L••••• C•••••• (Venture Capital Fund), GAV $501,000Fund first reported on Form ADVFundsFactL••••• C•••••• I• ••••••••• L•••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 24, 2016B•••• J•••• U•••••••• (Managing Director) no longer on Schedule A of L••••• C••••••
- Mar 27, 2015A••••• J•••• H•••• (Senior Associate) no longer on Schedule A of L••••• C••••••
- May 14, 2012L••••• C•••••• •••• L•••••• P••••••••• first reported on Form ADV by L••••• C•••••• (Venture Capital Fund)Fund first reported on Form ADVFundsFactL••••• C•••••• •••• L•••••• P•••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 14, 2012L••••• C•••••• I• ••••••••• L•••••• P••••••••• first reported on Form ADV by L••••• C•••••• (Venture Capital Fund)Fund first reported on Form ADVFundsFactL••••• C•••••• I• ••••••••• L•••••• P•••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 14, 2012M•••• L••••• B••••••••• F••• L•••••• P••••••••• first reported on Form ADV by L••••• C•••••• (Venture Capital Fund)Fund first reported on Form ADVFundsFactM•••• L••••• B••••••••• F••• L•••••• P•••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 14, 2012L••••• C•••••• G• L•••••• P••••••••• first reported on Form ADV by L••••• C•••••• (Venture Capital Fund)Fund first reported on Form ADVFundsFactL••••• C•••••• G• L•••••• P•••••••••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 14, 2012L••••• C•••••• first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (probable, 80%, cls-1)venture manager, reported GAV $58M across 8 vehicles
Evidence
48 observations from 2 sources