We are a team of highly experienced and connected investors partnering with entrepreneurs who believe they can change the world.

Stage / Geography:
Mistral is a seed/early stage venture capital firm and typically the first
institutional investor in our companies. We have offices in Ottawa Canada and Palo Alto California. While our primary geographic focus is eastern Canada, we are open to opportunities throughout North America.

We leverage our global experience and presence while working closely with each of our companies to prepare them for later stage financing and growth. We use our combined network of venture investors, Executive Fellows, customers and advisors to accelerate growth and funding.

The Smart Enterprise: We believe that the promise of the Internet of 20 years ago is the reality of today. We look for investments that leverage the power of the Internet to make businesses smarter. These include companies leveraging Mobile, IoT, Cloud, Security and Networking innovation.

We do not invest in drug development, heavy infrastructure, or gaming technology.

Source: Mistral Venture Partners


Mistral's partners have more than 60 years of combined start-up investing experience in the United States (California, DC and Boston) and Canada. We've invested more than $250 million across 62 early stage companies. Over the past twenty years we've coinvested alongside dozens of top-tier Venture Capital firms and have developed relationships with hundreds of partners throughout North America.

Each of us has also been a founder of at least two successful companies. We know the challenges our ceo's face. We've been in your shoes and we know that building a company from scratch is one of the most difficult, yet satisfying, professional challenges you will ever take on. Our pledge is be as tireless in effort and belief as you are.

Source: Mistral Venture Partners

Industry Focus

Internet, Mobile and Diversified

Year Founded


Contact Info

Ottawa, ON


Key Personnel

Code Cubitt, Managing Director
Bernie Zeisig, Managing Partner
Gordon Smythe, Venture Partner

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