Information Venture Partners, a Toronto, Canada-based early stage venture capital firm that invests in FinTech and enterprise software companies, closed its second investment fund, at $106m.
Information Venture Partners Fund II surpassed the initial fundraising target of $100m with backing coming from Manulife Financial Corporation, an international financial services group with principal operations in Asia, Canada, John Hancock in the United States, and other existing investors.
Led by Co-Founders and General Partners Robert Antoniades and David Unsworth, Information Venture Partners is focused on enterprise FinTech and enterprise software companies based in North America. It is a Series A investor looking for companies with differentiated technology solutions addressing significant market opportunities. Investment Areas include core financial applications, financial security and crime prevention, financial data applications, capital markets and payments.
Portfolio companies include Adaptive Insights, Verafin, Igloo Software, eSentire, PostBeyond and Q4.
The team also includes Partner and CFO Kerry Golden, Associate Alex Tong, and Office Manager Michelle Rivera.