Profile
Garage Capital is a venture capital firm based in Waterloo, Canada, founded in 2013. The firm is led by a team of four, including partners Mike McCauley and Devon Galloway. Known for its focus on early-stage investments, Garage Capital differentiates itself by investing in a wide range of sectors, particularly in technology and innovation.
The firm primarily invests in the information technology sector, with a focus on AI, SaaS, robotics, and health. Garage Capital typically participates in Seed and Series A rounds, with a strong emphasis on Canadian startups. The firm has invested in over 250 companies, contributing to a collective valuation exceeding $30 billion.
Notable investments by Garage Capital include ApplyBoard - international student marketplace, Astranis - advanced high-orbit satellites, BetterUp - one-on-one employee coaching, Clearpath Robotics - autonomous mobile robots, and Substack - subscription media platform.
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