Overview
Portage is a Toronto-based global fintech investment platform and the fintech arm of sagard, owned by Power Corporation. Founded 2016; 140+ portfolio companies including Wealthsimple, Borrowell, and Koho Financial.
Recent Developments
- 2026-09-16: Closed Portage Ventures IV at ~US7.0B (2026-09-18-portage-600m-fintech-fund)
- New strategic LPs: broadridge, fifth-third-bank
- CEO Adam Felesky highlighted AI embedding in financial institution core workflows as investment thesis
- Platform spans Venture, Growth Equity, and Secondaries across North America and Europe
- Increasingly global: only 2 of 35 investments in Funds III–IV were Canadian