# Raven Indigenous Capital Partners

Raven Indigenous Capital Partners is a Private Equity based in Victoria, Canada.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Victoria, Canada
- **Region:** North America
- **Address:** Victoria, BC, Canada
- **Founded:** 2018
- **Assets under management:** Undisclosed
- **Website:** www.ravencapitalpartners.ca
- **LinkedIn:** https://www.linkedin.com/company/raven-indigenous-capital-partners
- **Wikidata:** Q134620323

## Regulatory record

- **Reports private funds:** No

## About

Raven Indigenous Capital Partners is a venture capital firm founded in 2017 in Vancouver, British Columbia. It invests in Indigenous and Native American businesses in Canada and the United States, focusing on B2B and B2C sectors. The firm provides capital from seed stage to Series B funding.

## Sectors

- Indigenous Economy
- Food & Agriculture
- Health & Wellness
- Clean Technology
- FinTech
- Enterprise Software

## People

- Paul Lacerte — Managing Partner
- Stephen Nairne — Managing Partner

## Questions

### Who makes investment decisions at Raven Indigenous Capital Partners?

Investment decisions are led by Managing Partners Paul Lacerte and Stephen Nairne. Lacerte brings deep Indigenous community leadership experience, including founding the Moose Hide Campaign, while Nairne contributes venture capital expertise from prior roles at Renewal Funds and Vancity Capital. The team evaluates deals through both standard venture metrics and a cultural-competency lens specific to Indigenous governance structures.

### Does Raven Indigenous Capital Partners invest only in on-reserve businesses?

No. The firm invests in Indigenous-founded and Indigenous-led enterprises regardless of whether they operate on-reserve, off-reserve, or in urban centers. Portfolio companies like OneFeather, a digital governance platform, and Tea Horse Road, a consumer packaged goods brand, serve both Indigenous and non-Indigenous markets across Canada.

### How does Raven Indigenous Capital Partners source its deal flow?

Deal flow originates primarily through the firm's network within Indigenous business communities, development corporations, and Aboriginal financial institutions across Canada. Because mainstream venture capital networks rarely intersect with Indigenous entrepreneurship ecosystems, Raven's cultural embeddedness functions as a proprietary sourcing channel — entrepreneurs and Nation-owned enterprises approach the firm directly, often without competing term sheets from conventional funds.

### What is the Indigenous Growth Fund, and how is Raven involved?

The Indigenous Growth Fund is a $35 million initiative launched by the Government of Canada in 2021 to catalyze investment in Indigenous small and medium enterprises. Raven Indigenous Capital Partners was selected to co-manage the fund alongside the National Aboriginal Capital Corporations Association (NACCA). The mandate expands Raven's deployment capacity into Indigenous financial institutions that on-lend to entrepreneurs at the community level.

### Who are Raven's own limited partners?

Raven's fund has attracted a mix of mission-aligned and institutional investors. Publicly disclosed limited partners include Vancity, one of Canada's largest community credit unions, the McConnell Foundation, a private foundation focused on social innovation, and the Canada Infrastructure Bank. This syndicate reflects a thesis that Indigenous-led venture can meet the fiduciary standards of both impact-first and return-first allocators.

## Related profiles

- [Raven Corporate Management](https://altss.com/profile/raven-corporate-management)
- [RavenOne Ventures](https://altss.com/profile/ravenone-ventures)

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Last updated: 2026-06-03T20:00:00.000Z

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