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LOI Venture
LOI Venture is a seed fund backing early-stage startups and their founders. The firm was launched in December 2021 by Ryan Holmes and Manny Padda.
LOI Venture
LOI Venture is a seed fund backing early-stage startups and their founders. The firm was launched in December 2021 by Ryan Holmes and Manny Padda. It backs a portfolio of startups and invites founders to pitch for checks.
General information
Firm type
Venture Capital
Year founded
2021
Location
Region
North America
Country
Canada
City
Vancouver
Corporate office
Vancouver, Canada
Principals
Ryan Holmes
Co-Founder & General Partner
Manny Padda
Co-Founder & Managing Director
Zen
Head of Research & AI
Elaina Tosoff
Operations Manager
Arjun Panju
Investment Analyst
Joel Hansen
Head of Marketing
Frequently asked questions
How is LOI Venture positioned within Canada's venture capital landscape?
LOI Venture operates from Vancouver, British Columbia — a technology corridor producing enterprise software, cleantech, and digital health companies. Canadian venture firms in this geography frequently access federal matching programs and provincial tax credits that alter fund-level economics compared to US peers. The firm's specific relationship to government co-investment vehicles has not been publicly detailed.
Who runs investment decisions at LOI Venture?
Named investment professionals at LOI Venture have not been identified through public records or the firm's digital presence as of mid-2026. The firm maintains a website at loi.vc, though team composition and investment committee structure remain undisclosed in accessible sources.
What is LOI Venture's known posture on co-investments alongside external GPs?
LOI Venture has not publicly stated a co-investment policy. Canadian venture firms of comparable profile sometimes participate in syndicated rounds with US and domestic co-investors, though no specific syndication activity by LOI Venture has been documented.
Profile maintained by Altss 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.
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