Inovia Capital is a full-stack venture capital firm managing over $2.5B in AUM, with strategies spanning discovery, venture, growth, and co-investments. Known for its long-term relationships with both entrepreneurs and LPs, Inovia has built one of Canada’s most respected VC franchises.
With multiple funds in market annually and an increasingly diverse LP base — from large institutions to HNWIs and family offices — Inovia needed a modern, scalable platform to support co-investments, reporting, KYC, and LP communications..
Before Vessel
Co-investment distribution via email and clunky systems
Reporting handled manually by finance and IR teams
No centralized LP activity tracking or pipeline
Legacy data rooms and outdated LP UX
After Vessel
Live, branded portals for pre-marketing and active co-investment deals
Automated capital calls, tax slips, and investor reporting via LP portal
Real-time engagement analytics and full relationship history in one platform
Polished, self-serve portals tailored to each LP segment
Over the last five years, Inovia’s pace of fundraising and co-investments dramatically increased. The firm went from raising a fund every few years to multiple strategies and vehicles per year — without significantly expanding its IR headcount.
At the same time, co-investments became a key lever for deepening LP engagement — but the internal systems (email, spreadsheets, legacy portals) couldn’t support the scale.
Inovia has raised over $1B in co-investment capital across more than 30 deals. But growth exposed friction:
LPs got overwhelmed by heavy data rooms
GPs had no way to track who saw what, or who passed
Internal teams spent hours chasing updates
With Vessel, Inovia now:
Pre-markets deals through teaser pages before term sheets are signed
Shares live co-investment portals tailored to each LP segment
Tracks engagement and preferences across LP types
Uses modern UX to onboard HNWIs and family offices without the drop-off seen with legacy data rooms
From the CFO’s office to the finance team, reporting and document management had become a bottleneck.
With Vessel, Inovia:
Automates reporting across capital calls, tax slips, financials, and distributions
Reduces manual input and eliminates mapping errors
Centralizes KYC, recurring requests, and contact management
Gives LPs real-time dashboards instead of static PDFs
Inovia now uses Vessel across the full LP lifecycle:
Personalized fund pages for pre-marketing and fundraising
Real-time analytics on LP engagement
Integrated records of past co-investments and fund commitments
Shared visibility across the IR, finance, and investment teams
A unified system to manage IR across fundraising, co-investments, and reporting
Faster LP decision-making through early visibility and live deal tracking
A professional LP experience that matches Inovia’s brand
Automation of high-volume, high-risk workflows
A foundation for AI-powered IR
As AI reshapes how GPs operate, Inovia sees IR as a strategic lever — not a support function.
From auto-prep before LP meetings to investor profiling and smart distribution lists, Inovia is working closely with Vessel to shape the next evolution of fundraising technology.
As AI reshapes how GPs operate, Inovia sees IR as a strategic lever — not a support function.
