Updated:
Supporters Fund
Jeffery Potvin's Supporters Fund directs community-backed venture capital into early-stage green-tech startups from its Toronto base.
Supporters Fund
Potvin founded the vehicle in Toronto in 2016, layering it atop a pre-existing family of companies that includes IT-resourcing firm Hardboot (est. 2007) and startup community Open People Network. The architecture funnels fractional technology talent, a peer-founder network, and pooled venture capital toward a single thesis: that constructive, community-witnessed capital can accelerate green-technology adoption. The founding story resists the conventional limited-partner raise in favor of what the firm describes as an open, inclusive investor base spanning angels, business owners, corporate partners, and local and provincial governments. The strategy spans pre-seed through growth-stage equity, with a portfolio visibly weighted toward consumer climate, sustainable food systems, and applied industrial technology. Confirmed positions include Flow Water, an alkaline-spring-water brand that positions itself as North America's first social water company; Scout, a Certified B-Corp seafood brand committed to 1% for the Planet; and TROES, a Canadian battery-energy-storage specialist targeting distributed smart-grid applications. The firm also holds PropTech exposure through RYSE, which motorizes window shades for energy efficiency, and Cya.Live, an immersive social-broadcast platform. Portfolio reporting shows neither disclosed fund sizes nor exit valuations, consistent with its community-model opacity. Geographically, the book leans heavily Canadian, with select US-market plays such as SingleKey, a landlord-decisioning platform used across both countries. Supporters Fund discloses no AUM, and its public footprint omits fund-close announcements, leaving scale inferable only from portfolio breadth: roughly two dozen named companies on its site as of mid-2026. The firm operates from a single Toronto hub. Its committee leads include General Manager Laura Lirette, Asif Nasim of Nasim Management, and veteran Silicon Valley advisor Jeff Wallace, forming an advisor bench that augments Potvin's day-to-day general-partner role. May 2026: The firm continued to operate its active podcast, "Impact Investing with Jeffery Potvin," as a content-led sourcing channel, interviewing founders and ecosystem operators across the green-tech landscape. What structurally separates Supporters Fund is its integration of a fractional-IT-resourcing business and a startup-networking community directly into the venture-selection funnel. Hardboot provides technical talent to portfolio companies; OPN supplies peer-founder validation; and the fund itself serves as the capital layer. This triad creates a diligence and distribution model that leans on observable builder reputation rather than proprietary quant screens — a posture closer to a curated angel network than to institutional venture. Succession and governance details remain private, but the tight coupling of operating businesses to the fund's sourcing pipeline makes the architecture unusually self-reinforcing among early-stage Canadian climate-tech startups.
General information
Firm type
Venture Capital
Year founded
2016
AUM
Undisclosed
Location
Region
North America
Country
Canada
City
Toronto
Corporate office
Toronto, ON, Canada
Principals
Jeffery Potvin
CEO & Founder
Laura Lirette
General Manager & Investor
Sector focus
Frequently asked questions
Who runs investment decisions at Supporters Fund?
Founder and CEO Jeffery Potvin leads investment decisions, supported by General Manager Laura Lirette and a committee of advisors that includes Asif Nasim and Silicon Valley co-founder Jeff Wallace. The firm's website lists these individuals as part of the core management and committee structure, suggesting a collaborative but founder-anchored decision process.
How does Supporters Fund source its deals?
The firm operates a proprietary tri-layered sourcing model. Its sister company, Open People Network, cultivates a startup community that surfaces founders; Hardboot supplies fractional IT talent that builds relationships with technical teams; and Potvin's 'Impact Investing' podcast generates inbound from green-tech operators. This community-witnessed origination is central to the firm's stated identity.
Is Supporters Fund structured as a traditional venture fund?
No. The firm describes itself as a community-backed venture capital fund rather than a conventional blind-pool vehicle. Its investor base includes angels, business owners, corporate partners, and government entities. The firm publishes much of its portfolio openly, operating with a transparency posture closer to an angel network than to a closed-end institutional fund.
What investment stages does Supporters Fund target?
Supporters Fund targets early-stage startups, spanning pre-seed through growth-stage equity. Its portfolio includes companies at various maturity levels, from very early hardware ventures such as RYSE to more established consumer brands like Flow Water, indicating a flexible stage mandate within the private-company lifecycle.
Which sectors does Supporters Fund explicitly avoid?
The firm does not publish a formal exclusion list, but its public messaging and portfolio point away from extractive industries, fossil-fuel energy, and non-sustainable consumer goods. The entire portfolio is oriented around emissions reduction, waste elimination, circular economy, and regenerative natural systems, suggesting an affirmative climate-tech mandate rather than a negatively screened one.
How is Supporters Fund related to Hardboot and Open People Network?
All three are part of a single family of companies founded by Jeffery Potvin. Hardboot (est. 2007) provides IT resourcing and fractional technology talent; Open People Network operates a startup community platform; and Supporters Fund (est. 2016) is the venture capital arm. The three entities share leadership, ecosystem contacts, and a common mission to support technology-driven sustainability.
Does Supporters Fund disclose its assets under management?
No. Supporters Fund has not publicly disclosed an AUM figure, nor have trade publications reported one. The firm does not announce fund closes or deployment totals, keeping its financial scale private. Any external estimate would be speculative.
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.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: