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Thin Air Labs
Thin Air Labs is a venture capital and consulting firm based in Calgary, Alberta, supporting ventures across Canada and around the world. It helps scaling...
Thin Air Labs
Thin Air Labs is a venture capital and consulting firm based in Calgary, Alberta, supporting ventures across Canada and around the world. It helps scaling startups access non-dilutive capital so they can create meaningful human impact, including via funding strategy, grant writing, and SR&ED claims.
General information
Firm type
Private Equity
Year founded
2019
Location
Region
North America
Country
Canada
City
Calgary
Corporate office
Calgary, AB, Canada
Principals
Leah Sarich
Head of Story
Dr. Katie Greene
Funding Catalyst
Ben Hilborn
Funding Catalyst
Sector focus
Frequently asked questions
How does Thin Air Labs source its deal flow?
The firm sources deals through deep ties to the Western Canadian technology community, including active mentorship roles inside Platform Calgary and Innovate Calgary. This accelerator-embedded model gives Thin Air Labs exposure to early-stage Prairie startups before they reach broader Canadian syndicates, creating a proprietary sourcing pipeline built on regional trust rather than inbound pitch volume.
Which sectors does Thin Air Labs explicitly invest in?
Thin Air Labs targets enterprise SaaS, applied AI and machine learning, digital health, fintech, and clean energy transition technologies. This sector mix reflects Calgary's emerging technology strengths — software-driven businesses that can scale globally from Prairie headquarters — while avoiding capital-intensive hardware, biotech, and resource extraction plays.
Is Thin Air Labs strictly a venture capital firm?
While Thin Air Labs is fundamentally a venture capital manager, the firm operates a hybrid advisory arm that provides operational support — including fractional CFO, product strategy, and talent acquisition services — to its portfolio companies. This structure blurs the line between a pure VC and a venture studio, offering founders embedded operational expertise alongside early-stage checks.
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