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Fondaction

Venture CapitalActive

Fondaction CSN is a labor fund that invests savings collected from officials and SMEs, among which companies in the social economy.

Clarke City, CanadaFounded 2001fondaction.com/
114
Investments
6
Exits
$3.2B
AUM
5.3%
Exit Rate

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Investment Thesis & Strategy

Fondaction invests in various stages of fintech and venture capital companies, with a focus on those in the social economy.

Investment Activity

Deals per year over the last 5 years

2
2018
1
2019
2
2020
6
2021
1
2022

Portfolio Companies

Selected investments from their portfolio of 114 companies

M
Mycélium
Food & Beverage · Growth, 2022
Active
E
Espace Micro-Entreprendre
Other · Growth, 2021
Active
G
Groupe AFFI Logistique
Logistics · Growth, 2021
Active
B
Brio Innovation
Healthcare · Growth, 2021
Active
N
Norda Stelo
Other · Growth, 2021
Active
P
Prana Biovegan
Food & Beverage · Growth, 2021
Active
M
M3i Systems
Other · Growth, 2021
Active
L
Loop Mission
Food & Beverage · Growth, 2020
Active
B
B-Temia
Robotics · Growth, 2020
Active
I
Innovaderm Research
Healthcare · Growth, 2019
Active
O
Optel Vision
Other · Growth, 2018
Active
B
Bio-K Plus
Healthcare · Growth, 2018
Active

Notable Exits

CompanyTypeYearValue / Acquirer
SSENSEAcquisition2023
Dialogue Health TechnologiesIPO2021$350M
BAMIPO2021$1.5B
CoveoIPO2021$1.5B
Lightspeed CommerceIPO2020$2.7B
NuveiIPO2020$2B

Frequently Asked Questions

Fondaction focuses on Series A, Series B, Series C+ stage investments.

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