About L-SPARK

The L-SPARK Accelerator is the destination for market ready SaaS and cloud companies to connect with Canada’s SaaS experts. The L-SPARK acceleration model positions companies to propel their revenues to $100k MRR and beyond. Leveraging established relationships with key venture capital firms, angel investors, and the investment community at large, L-SPARK’s goal is to scale Canada’s best in SaaS to 10 x revenue growth and Series A funding. L-SPARK is also driving innovation with its two corporate accelerators. With BlackBerry QNX, L-SPARK works with autonomous vehicle companies to focus on connected car technologies and with TELUS, BlackBerry and Solace, L-SPARK works on secure IoT solutions. Through these initiatives, L-SPARK pairs multi-national organizations with startups to create fruitful collaborations. To date, L-SPARK has accelerated 51 companies with over 50% of those companies raising follow-on funding, which now totals over $45M. The companies are headquartered across Canada and exist in verticals such as SaaS, AV, IoT, cybersecurity and more.

Investment Details

Investment Range
Not specified
Investment Stage
Various stages
Industry Focus
AI/ML, Cybersecurity, Finance (+4 more)
Investor Type
Accelerator, Entrepreneurship Program, Incubator

Investment Focus

Focus Areas
AI/ML Cybersecurity Finance IoT SaaS +3 more
Investment Stages
Early Stage, Early Stage Venture, Growth, Late Stage Venture, Later Stage, Seed, Series A