# OnWave Ventures

OnWave Ventures is a Venture Capital based in Oakville, Canada.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Oakville, Canada
- **Region:** North America
- **Address:** Oakville, Ontario, L6J3C7, Canada
- **Founded:** 2016
- **Assets under management:** Undisclosed
- **Website:** www.onwaveventures.com
- **LinkedIn:** https://www.linkedin.com/company/onwave-ventures-inc

## Regulatory record

- **Reports private funds:** No

## About

OnWave Ventures is an early to growth stage venture fund focused on investing in Fintech, mobile and internet technology. It seeks to deploy between C$100K and C$1MM per investment in early stages, with capital reserved for follow-on opportunities. Its primary geographic focus is Canada and the USA. The firm invests its own capital and aims to act as an enabler, providing support, resources and discipline to help ideas become profitable businesses.

## Sectors

- FinTech
- Energy Transition & Renewables
- AgriTech & FoodTech
- Enterprise Software

## People

- Vlad — Co-Founder & Principal
- Alex — Co-Founder & Principal

## Questions

### Who runs investment decisions at OnWave Ventures?

Investment decisions are run by the two co-founders, Vlad and Alex. Vlad contributes more than 25 years of executive and entrepreneurial experience, primarily in energy and agribusiness, plus the capital base from the ITERA exit. Alex brings management consulting expertise from McKinsey and a specialization in financial services and FinTech. Both are involved in sourcing, diligence, and structuring.

### What is OnWave Ventures' investment approach?

The firm invests its own capital, taking a flexible, long-term view without the constraints of fund lifecycles or external LP reporting. It seeks to act as an enabler, providing support, resources, and operational discipline. The typical initial check ranges from C$100,000 to C$1,000,000, with reserves for follow-on investments in successful ventures.

### What geographies does OnWave Ventures target?

The firm's primary geographic focus is Canada and the United States. The founders are based in Oakville, Ontario, and maintain a professional presence in Switzerland, but the stated investment mandate centers on North American early-stage companies.

### Does OnWave Ventures participate in fund commitments or only direct deals?

All deployment is structured as direct investments. The firm uses proprietary capital rather than operating as a fund-of-funds or investing through SPVs. This direct approach grants founders a single, flexible counterparty throughout the investment lifecycle.

### What investment stages does OnWave Ventures typically target?

The firm focuses on early-stage investments, specifically seed and startup phases. It also reserves capital for follow-on opportunities in later expansion and growth rounds for companies already in the portfolio, supporting them beyond the initial check.

### Which sectors does OnWave Ventures explicitly target?

While FinTech is the only sector explicitly signaled on the current portfolio page, the founders' operational history points to strong domain knowledge in energy transition and agribusiness. Alex's McKinsey background additionally anchors expertise in enterprise software and digital transformation within financial services.

## Related profiles

- [Onward Capital](https://altss.com/profile/onward-capital)
- [OnyxPoint Global Management](https://altss.com/profile/onyxpoint-global-management)

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Last updated: 2026-08-11T15:07:41.444Z

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