# Pender Ventures

Pender Ventures is a Venture Capital based in Vancouver, Canada.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Vancouver, Canada
- **Region:** North America
- **Address:** 1830 – 1066 W Hastings St, Vancouver, BC V6E 3X2, Canada
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** penderventures.com
- **LinkedIn:** https://www.linkedin.com/company/pender-ventures

## Regulatory record

- **Reports private funds:** No

## About

Pender Ventures is a venture capital investor focused on health tech and B2B technology companies at the inflection point between commercialization and scale. As a hands-on, high-conviction investor, it partners closely with founders to accelerate growth and build category-leading businesses. It has deep roots in the Canadian innovation ecosystem and the flexibility to invest across North America, operating from offices in Vancouver, Toronto, Montreal, and Calgary.

## Sectors

- Health Tech
- Enterprise Software

## Offices

- Toronto
- Montreal
- Calgary

## People

- Maria Pacella — SVP, Private Equity
- Maria Pacella — Senior Vice President, Private Equity and Co-Manager of the Tech Fund
- David Barr — President and co-Manager of the Tech Fund

## Questions

### How is Pender Ventures related to PenderFund Capital Management?

Pender Ventures operates as the venture capital division within PenderFund Capital Management, a Canadian investment firm running strategies in public equities, fixed income, and liquid alternatives. This structure gives the venture team access to the parent firm's research analysts, compliance infrastructure, and co-investor relationships. The integration is designed to enhance sector expertise and portfolio-company support without requiring the venture arm to function as a fully standalone partnership.

### Does Pender Ventures invest only in Canada?

Pender Ventures maintains strong roots in the Canadian innovation ecosystem, with team members on the ground in Vancouver, Calgary, Toronto, and Montreal. However, the firm explicitly states it has the flexibility to invest across North America. The dual-country mandate allows it to back Canadian founders expanding into U.S. markets as well as U.S.-based health tech and B2B software companies where the team's network and sector expertise apply.

### How does Pender Ventures support portfolio companies beyond capital?

The firm provides operational support across recruiting, business development, fundraising strategy, product strategy, and ESG integration. Team members take active board roles and maintain dedicated in-house functions for people strategy and exit planning. This platform model — uncommon among smaller venture firms — reflects the parent-company infrastructure that PenderFund Capital Management makes available to the venture arm.

## Related profiles

- [Pendergast Partners](https://altss.com/profile/pendergast-partners)
- [Pendleton Financial](https://altss.com/profile/pendleton-financial-wealth-management)

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

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