Portage closed Portage Ventures IV at approximately 836 million CAD) on September 16, 2026. New American strategic LPs include Broadridge and Fifth Third Bank.
The fund focuses on fintech founders in wealth and asset management, banking, insurance, and payments from seed to Series C. Total AUM reached $7 billion USD.
Founded in 2016, Portage is the fintech investment arm of Sagard, owned by Power Corporation. Portfolio includes Borrowell, Conquest Planning, Koho Financial, and Wealthsimple.
Only two of 35 investments across the third and fourth VC funds have been Canadian (Fiscal.ai and Nesto), reflecting Portage’s increasingly global focus.