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SaskWorks Venture Fund
SaskWorks Venture Fund is a Saskatchewan-based retail mutual fund established in 2001. It has over 29,000 shareholders and more than $491 million in assets...
SaskWorks Venture Fund
SaskWorks Venture Fund is a Saskatchewan-based retail mutual fund established in 2001. It has over 29,000 shareholders and more than $491 million in assets under management. The fund has made 11 investments, including a 2022 investment in Ground Truth Agriculture.
General information
Firm type
Venture Capital
Year founded
2001
Location
Region
North America
Country
Canada
City
Winnipeg
Corporate office
Montreal, Quebec, Canada
Additional offices
Regina, Saskatchewan, Canada · Vancouver, British Columbia, Canada · Toronto, Ontario, Canada · Rock Hill, South Carolina, United States
Sector focus
Frequently asked questions
Who makes investment decisions at SaskWorks Venture Fund?
SaskWorks Venture Fund is managed as a wholly owned subsidiary of the Saskatchewan Workers' Compensation Board. Specific investment professionals are not publicly named. The fund operates under the oversight of the WCB board, which sets overall investment policy.
How does SaskWorks source proprietary deal flow?
SaskWorks likely sources deals through its network of co-investors, venture capital firms, and direct company outreach. Its presence in five offices across Canada and the US suggests a distributed sourcing model.
Is SaskWorks structured as a single family office or a venture firm?
SaskWorks is neither a family office nor a traditional venture firm. It is a wholly owned subsidiary of the Saskatchewan Workers' Compensation Board, operating as an institutional venture investor with permanent capital. It does not raise external funds.
Does SaskWorks participate in fund commitments or only direct deals?
SaskWorks focuses on direct equity investments in early- to growth-stage companies. There is no public evidence of it committing capital to external venture funds as a limited partner.
What investment stages does SaskWorks typically target?
The fund targets early- to growth-stage companies, making direct equity investments. It has participated in venture rounds across sectors such as enterprise software, digital health, and climate tech (per public filings).
Which sectors does SaskWorks explicitly avoid?
The fund does not publicly disclose sectors it avoids. Based on its disclosed investments and strategy, it focuses on technology sectors such as enterprise software, digital health, fintech, industrial tech, and climate tech.
Where does the underlying capital come from?
The capital comes from the Saskatchewan Workers' Compensation Board, which collects workers' compensation premiums from employers in Saskatchewan. SaskWorks invests a portion of this statutory fund.
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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