Leaders Fund portfolio

Leaders Fund has 6 portfolio companies on record at Recent Funding, with 3 investments in the last 12 months.

Website: leaders.vc.

Type: Venture capital.

Portfolio on Recent Funding: 6.

Deals, last 12 months: 3.

Rounds led: 2 of 8.

Capital in their rounds: $961M.

Latest deal: Upwind · Oct 28, 2026.

About this page

It is a venture capital firm based in Toronto, CA, founded in 2016. It led 2 of the 8 rounds it joined. Its most recent investment on record is Upwind's $400M Series B+ round in October 2026, alongside Craft Ventures, TCV, Cyberstarts and 6 others. By category, its portfolio leans toward Developer tools and cloud (3) and AI agents (2). It has co-invested with Greylock, Cyberstarts and Craft Ventures, most often Greylock (5 rounds).

About Leaders Fund

Firm type: Venture capital.

Headquarters: Toronto, CA.

Founded: 2016.

Stages: Seed, Series A, Series B.

Sectors: AI & Machine Learning, Cloud Computing, Cybersecurity, Data & Infrastructure, Enterprise Software, Robotics, SaaS.

Portfolio companies: 60.

Exits: 7.

Rounds led: 6.

What Leaders Fund invests in

Developer tools and cloud · 3 · 50%
AI agents · 2 · 33%
Cybersecurity · 1 · 17%
AI coding and devtools · 1 · 17%
Consumer and social · 1 · 17%
Sales and marketing · 1 · 17%
Education · 1 · 17%
Data and analytics · 1 · 17%

Leaders Fund recent investments

Company	Round	Date	Alongside
UUpwind	Series B+ · $400M	Oct 28, 2026	Craft Ventures, TCV, Cyberstarts +6
UUpwind	Series B+ · $300M	Sep 2, 2026	Craft Ventures, TCV (lead), Cyberstarts +4
Vvellum_ai	Series A · $25M · lead	May 7, 2026	none named
UUpwind	Series A · $100M	Dec 2, 2024	Craft Ventures (lead), TCV, Cyberstarts +4
UUpwind	Series A · $50M · lead	Sep 5, 2023	Craft Ventures (lead), Cyberstarts (lead), Penny Jar Capital +3
UUpwind	Seed · $28M	Sep 6, 2022	Cyberstarts, Greylock
AAda	Series B+ · $44M	Mar 19, 2020	Ramen Ventures, Version One Ventures, Accel (lead) +3
AAda	Series A · $14M	Dec 1, 2018	Garage Capital, Version One Ventures, FirstMark (lead) +3

How Leaders Fund invests

Stage	Deals	Capital in rounds
Series A	4 50%	$189M
Series B+	3 38%	$744M
Seed	1 13%	$28M

Year	Deals	Capital in rounds
2018	1 13%	$14M
2020	1 13%	$44M
2022	1 13%	$28M
2023	1 13%	$50M
2024	1 13%	$100M
2026	3 38%	$725M

Leaders Fund portfolio companies

UUpwind$400MSeries B+ · Oct 2026
Vvellum_ai$25MSeries A · May 2026
AAda$44MSeries B+ · Mar 2020
MMatiabacker
IInfluitivebacker
BBrizabacker

Company	Round with Leaders Fund	Total raised	Latest raise
UUpwind Cybersecurity	Oct 28, 2026 Series B+ · $400M	$1.13B	Oct 28, 2026 Series B+
Vvellum_ai AI coding and devtools	May 7, 2026 Series A · $25M · lead	$45.5M	May 7, 2026 Series A
AAda AI agents	Mar 19, 2020 Series B+ · $44M	$188M	May 1, 2021 Series B+
MMatia Data and analytics	backer	$21M	Feb 10, 2026 Series A
IInfluitive HR and recruiting	backer	undisclosed	—
BBriza Insurance	backer	undisclosed	—

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Developer tools and cloud).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-11, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 8 rounds on Recent Funding that name Leaders Fund. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Leaders Fund, which is a subset of its real portfolio. API: /api/v1/investors/leaders-fund (get a free API key). More: the most active VC firms and new venture capital funds.