Venture Capital

Updated:

Esplanade HealthTech Ventures

Esplanade Ventures is Canada's leading digital health VC, investing early in technology companies transforming care across the U.S. and Canada.

Esplanade HealthTech Ventures

Esplanade Ventures is Canada's leading digital health VC, investing early in technology companies transforming care across the U.S. and Canada. The firm is made up of healthcare operators, founders, and investors with over 100 years of collective experience. They invest in early-stage and high-growth companies redefining healthcare delivery, with a focus on digital health and preference for AI software, and support portfolio companies with hands-on guidance, commercial introductions, and GTM strategy.

General information

Firm type

Venture Capital

Year founded

2019

Location

Region

North America

Country

Canada

City

Westmount

Corporate office

Westmount, Montreal, Canada

Principals

Dr. Sheldon Elman

MD — Co-Founder & Chairman

Stuart M. Elman — Co-Founder

Josh Blair — Venture Partner

Ella Seitz — Managing Partner

Alexandre Nossovskoi — Principal

Kavuchaljan Ganesathasan — VP Finance

Simon Kennedy — Senior Advisor

Dr. Yosef Berlyand

MD — Advisor

Sector focus

Digital HealthHealthcare ServicesAI/MLMedical Devices

Frequently asked questions

How does the firm source its health-technology deal flow?

Esplanade derives deal flow from Quebec's dense academic-medical research cluster, including McGill University and the Université de Montréal health networks. This proximity to publicly funded clinical science gives the firm early exposure to spin-out intellectual property before it reaches broader auction-market processes.

Does Esplanade lead investment rounds or co-invest alongside other funds?

The firm is structured to lead or co-lead early-stage rounds and will participate alongside other specialized health-tech or generalist venture funds. Its strategy does not preclude syndication with larger later-stage investors when portfolio companies progress beyond Series A.

Which health-tech subsectors does Esplanade explicitly avoid?

Based on its disclosed focus and typical investment profile, the firm does not appear to pursue biopharmaceutical drug development, large-scale hospital buyouts, or health-service businesses lacking a proprietary technology or device layer. Its activity is centered on digital health platforms, AI diagnostics, and regulated medical devices.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on venture capital firms?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More Westmount Venture Capital profiles