Single Family Office

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Sand Hill North

Sand Hill North, led by Mike Furlong, deploys Canadian family capital into early-stage enterprise software and AI companies from Toronto.

Sand Hill North

Sand Hill North is an early-stage venture investment firm focused on B2B software solutions. They have made 23 investments. Their latest investment was in Autosana, a Seed VC investment made on August 25, 2025.

General information

Firm type

Single Family Office

Year founded

AUM

$50M - $200M (Altss estimate)

Location

Region

North America

Country

Canada

City

Toronto

Corporate office

Toronto, Ontario, Canada

Additional offices

Collingwood, Ontario, Canada

Principals

Mike Furlong

Managing Partner

Sector focus

Enterprise SoftwareAI/MLFinTechDigital HealthClimateTech

Frequently asked questions

Who runs investment decisions at Sand Hill North?

Mike Furlong serves as the sole Managing Partner. The office operates as a single-family office, with investment decisions concentrated under Furlong's direction rather than a committee structure. No additional investment partners have been publicly disclosed, consistent with a lean principal-led model.

How does Sand Hill North source proprietary deal flow?

The office draws on dual geography: Toronto-Waterloo, home to Canada's densest AI and enterprise software talent, and direct relationships with Bay Area founder networks. Furlong's pattern suggests origination through angel syndicates, Canadian accelerator programs like Creative Destruction Lab, and co-investor referrals from US- based micro-VCs.

Is Sand Hill North structured as a single family office or does it operate more like a venture firm?

It is a single-family office making direct venture investments from the family balance sheet, not a pooled venture fund with external limited partners. The office does not publicly market a fund vehicle or solicit third-party capital, distinguishing its structure from a traditional venture capital firm.

What investment stages does Sand Hill North typically target?

Sand Hill North concentrates on seed and Series A rounds. This early-stage focus allows the office to enter at valuation points where Canadian rounds often price at a discount to comparable US deals, while gaining meaningful ownership stakes before institutional Series B leads arrive.

How is Sand Hill North's geographic strategy different from other Canadian family offices?

Most Canadian family offices with venture programs invest passively through US venture funds. Sand Hill North instead makes direct startup investments in both countries, using Toronto as a cost-advantaged operating base while benchmarking portfolio construction against Bay Area outcomes. The Collingwood office provides a secondary node outside Toronto.

Does Sand Hill North participate in fund commitments or only direct deals?

The office's known public profile reflects direct startup investments only. No fund-of-funds commitments or LP positions in third-party venture vehicles have been disclosed, consistent with a concentrated, principal-driven direct investment mandate.

Where does the underlying wealth come from?

The specific wealth origin for Mike Furlong has not been publicly disclosed. Like many Canadian single-family offices entering venture, the capital base likely derives from entrepreneurial exits, operating-company distributions, or intergenerational wealth transfer, but no confirmed source is available in the public record.

Profile maintained by 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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