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First Ascent Ventures

First Ascent Ventures

First Ascent Ventures (formerly OpenText Enterprise Apps Fund) is a Montreal based venture capital firm investing in technology companies in Canada

First Ascent Ventures (formerly OpenText Enterprise Apps Fund) is a Toronto based venture capital firm investing in technology companies in Canada. It is focused on enterprise software, business-to-business, SaaS, cloud, analytics, mobile, artificial intelligence, and machine learning. Richard Black and Tony van Marken co-founded the company in 2015. It seeks to invest between $5 million to $10 million in funds from Series A round and onward. As of 2019, the company has made 18 investments in its ten portfolio companies. 

Timeline

Funded Companies

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People

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Role
LinkedIn

CELIA TROTTA

Executive assistant

MO BAZAZI

Vice president

RICHARD BLACK

Managing partner and co-founder

TONY VAN MARKEN

Managing partner and co-founder

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