First Ascent Ventures

First Ascent Ventures is a Canada-based private venture capital firm focused on investing in early-stage, emerging, and growth-oriented enterprise software companies. Founded in 2015, the firm backs B2B technology businesses in areas such as cloud software, artificial intelligence, machine learning, big data, analytics, mobility, privacy, security, 5G, blockchain, and the Internet of Things. It is not a drug-development or healthcare operating company, although some third-party databases may categorize parts of its portfolio as including healthtech. The firm appears to operate primarily as an investment manager rather than as a biotech, pharma, CRO, or therapeutics developer.