Asset Manager

Updated:

Innovation

Innovation is an SEC-registered investment adviser in Rockville, MD, registered since 2022. The firm manages approximately $4.5 billion in regulatory assets.

Innovation

Innovation is an SEC-registered investment adviser in Rockville, MD, registered since 2022. The firm manages approximately $4.5 billion in regulatory assets. It has 4 employees and 3 investment advisers.

General information

Firm type

Asset Manager

Year founded

2013

Location

Region

North America

Country

Canada

City

Montreal

Corporate office

Montreal, QC, Canada

Additional offices

San Jose, CA, United States · Mexico City, Mexico · Seoul, South Korea

Sector focus

Enterprise SoftwareAI/MLIndustrial Tech

Frequently asked questions

What is Innovation's investment mandate?

Innovation targets enterprise software, AI/ML, and industrial technology companies. The firm's four-office structure across Montreal, San Jose, Mexico City, and Seoul implies a cross-border strategy linking North American and Asian technology markets. Specific stage preferences and check sizes have not been publicly disclosed.

Who runs Innovation?

Innovation has not publicly named any managing partners, investment committee members, or founding principals. The firm operates without a disclosed leadership team — an unusual profile for a venture investor with offices in four major technology hubs.

How is Innovation structured as an investment vehicle?

The firm's legal and fund structure remains private. No public filings confirm whether Innovation operates as a traditional venture fund, a holding company, a single-family office vehicle, or a corporate venture arm. This opacity is atypical for a multi-office investment platform.

Where does Innovation invest geographically?

Innovation's office footprint — Montreal, San Jose, Mexico City, and Seoul — maps onto three distinct venture corridors: Canadian enterprise software, Silicon Valley deep tech, and the Seoul-Tokyo startup axis. The Mexico City office suggests growing Latin American exposure, though specific regional allocations are undisclosed.

Does Innovation disclose its assets under management?

No. Innovation has not published AUM figures, deployment totals, or fund sizes. The firm's capital base, limited partner composition, and funding sources remain undocumented in the public record.

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