Portage Ventures

Portage Ventures has taken part in 32 fintech rounds recorded since 17 January 2022, 18 of them as lead.

Added · 21 September 2026

Rounds: 32 on record · 18 led · 14 participated
Follow-on: 30% 24-month follow-on rate (recorded rounds): 3 of 10 eligible portfolio companies · median 15.9 months to the next roundBased on rounds recorded by Builders in Fintech; follow-ons we did not cover are missing, so true rates may be higher. How this is computed

News coverage

Angle Health raises $200M Series C at $2.7B valuation led by Vitruvian Partners
21 September 2026
Angle Health raises a $200M Series C at a $2.7B valuation led by Vitruvian Partners, alongside a $400M tender offer.
Portage closes $600M Ventures Fund IV to back fintech from seed to Series C
17 September 2026
Portage closes Portage Ventures IV at about $600M, its fourth flagship fintech fund, with Broadridge and Fifth Third Bank as new strategic LPs.

People

Current

Adam Felesky — Co-founder and CEO
Stephanie Choo — General Partner and Co-Head of Portage Ventures

Rounds led

Company	Stage	Amount	Date	Investors
Moss Added · 21 September 2026 · Weekly update #144	Series C	€30M	5 August 2026	Portage VenturesLead
bunch Added · 21 September 2026 · Weekly update #133	Series B	$35M	19 May 2026	Portage VenturesLead
getquin Added · 21 September 2026 · Weekly update #133	Early-stage round	€12M	19 May 2026	Portage VenturesLead
Croissant Added · 21 September 2026 · Weekly update #121	Early-stage round	$14M	25 February 2026	Portage VenturesLead
Thread Bank Added · 21 September 2026 · Weekly update #112	Growth-stage round	$30.5M	15 December 2025	Portage VenturesLead
Flex Added · 21 September 2026 · Weekly update #110	Series B	$60M	4 December 2025	Portage VenturesLead
ZILO Added · 21 September 2026 · Weekly update #100	Series A2	$27M	23 September 2025	Portage VenturesLead
Allocate Added · 21 September 2026 · Weekly update #97	Series B	$30.5M	3 September 2025	Portage VenturesLead
Seeds Added · 21 September 2026 · Weekly update #82	Series A	$10M	20 May 2025	Portage VenturesLead
Marshmallow Added · 21 September 2026 · Weekly update #77	Late-stage round	$90M	15 April 2025	Portage VenturesLead
Formance Added · 21 September 2026 · Weekly update #66	Series A	$21M	29 January 2025	Portage VenturesLead
Zeal (San Francisco) Added · 21 September 2026 · Weekly update #51	Series B	$15M	14 October 2024	Portage VenturesLead
CoverTree Added · 21 September 2026 · Weekly update #29	Series A	$13M	9 May 2024	Portage VenturesLead
Midas Added · 21 September 2026 · Weekly update #26	Series A	$45M	22 April 2024	Portage VenturesLead
ZILO Added · 21 September 2026 · Weekly update #11	Series A	£25M	9 January 2024	Portage VenturesLead
TheGuarantors Added · 7 October 2026 · ffnews.com	Series C	$50M	25 April 2022	Portage VenturesLead
Haruko Added · 7 October 2026 · prnewswire.com	Seed	$10M	3 March 2022	Portage VenturesLead
Conduit Added · 7 October 2026 · fintech.global	Unspecified	$17M	17 January 2022	Portage VenturesLead

Moss
Series C5 August 2026
€30M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #144
bunch
Series B19 May 2026
$35M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #133
getquin
Early-stage round19 May 2026
€12M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #133
Croissant
Early-stage round25 February 2026
$14M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #121
Thread Bank
Growth-stage round15 December 2025
$30.5M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #112
Flex
Series B4 December 2025
$60M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #110
ZILO
Series A223 September 2025
$27M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #100
Allocate
Series B3 September 2025
$30.5M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #97
Seeds
Series A20 May 2025
$10M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #82
Marshmallow
Late-stage round15 April 2025
$90M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #77
Formance
Series A29 January 2025
$21M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #66
Zeal (San Francisco)
Series B14 October 2024
$15M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #51
CoverTree
Series A9 May 2024
$13M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #29
Midas
Series A22 April 2024
$45M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #26
ZILO
Series A9 January 2024
£25M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #11
TheGuarantors
Series C25 April 2022
$50M
Portage VenturesLead
Added · 7 October 2026 · ffnews.com
Haruko
Seed3 March 2022
$10M
Portage VenturesLead
Added · 7 October 2026 · prnewswire.com
Conduit
Unspecified17 January 2022
$17M
Portage VenturesLead
Added · 7 October 2026 · fintech.global

View all

Rounds participated in

Company	Stage	Amount	Date	Investors
Angle Health Added · 21 September 2026 · Angle Health raises $200M Series C at $2.7B valuation led by Vitruvian Partners	Series C	$200M	18 September 2026	Portage Ventures
Moss Added · 21 September 2026 · Weekly update #144	Series C	€30M	5 August 2026	Portage VenturesLead
nesto Added · 21 September 2026 · Weekly update #136	Late-stage round	$302M	11 June 2026	Portage Ventures
KOHO Added · 21 September 2026 · Weekly update #136	Series E	CAD 130M	11 June 2026	Portage Ventures
bunch Added · 21 September 2026 · Weekly update #133	Series B	$35M	19 May 2026	Portage VenturesLead
getquin Added · 21 September 2026 · Weekly update #133	Early-stage round	€12M	19 May 2026	Portage VenturesLead
Croissant Added · 21 September 2026 · Weekly update #121	Early-stage round	$14M	25 February 2026	Portage VenturesLead
Alpaca Added · 21 September 2026 · Weekly update #115	Series D	$150M	14 January 2026	Portage Ventures
Pluto Added · 21 September 2026 · Weekly update #114	Seed	$8.6M	6 January 2026	Portage Ventures
Thread Bank Added · 21 September 2026 · Weekly update #112	Growth-stage round	$30.5M	15 December 2025	Portage VenturesLead
Flex Added · 21 September 2026 · Weekly update #110	Series B	$60M	4 December 2025	Portage VenturesLead
Agio Ratings Added · 21 September 2026 · Weekly update #102	Early-stage round	€5M	7 October 2025	Portage Ventures
ZILO Added · 21 September 2026 · Weekly update #100	Series A2	$27M	23 September 2025	Portage VenturesLead
Allocate Added · 21 September 2026 · Weekly update #97	Series B	$30.5M	3 September 2025	Portage VenturesLead
Midas Added · 21 September 2026 · Weekly update #95	Series B	$80M	19 August 2025	Portage Ventures
OatFi Added · 21 September 2026 · Weekly update #84	Series A	$24M	3 June 2025	Portage Ventures
Conduit Added · 21 September 2026 · Weekly update #83	Series A	$36M	28 May 2025	Portage Ventures
Seeds Added · 21 September 2026 · Weekly update #82	Series A	$10M	20 May 2025	Portage VenturesLead
Alpaca Added · 21 September 2026 · Weekly update #78	Series C	$52M	23 April 2025	Portage Ventures
Marshmallow Added · 21 September 2026 · Weekly update #77	Late-stage round	$90M	15 April 2025	Portage VenturesLead
Formance Added · 21 September 2026 · Weekly update #66	Series A	$21M	29 January 2025	Portage VenturesLead
Boosted.ai Added · 21 September 2026 · Weekly update #57	Series B extension	$15M	25 November 2024	Portage Ventures
Najar Added · 21 September 2026 · Weekly update #51	Series A	€15M	15 October 2024	Portage Ventures
Zeal (San Francisco) Added · 21 September 2026 · Weekly update #51	Series B	$15M	14 October 2024	Portage VenturesLead
CoverTree Added · 21 September 2026 · Weekly update #29	Series A	$13M	9 May 2024	Portage VenturesLead
Midas Added · 21 September 2026 · Weekly update #26	Series A	$45M	22 April 2024	Portage VenturesLead
ZILO Added · 21 September 2026 · Weekly update #11	Series A	£25M	9 January 2024	Portage VenturesLead
KOHO Added · 21 September 2026 · Weekly update #6	Series D extension	CAD 86M	7 December 2023	Portage Ventures
OatFi Added · 7 October 2026 · fintech.global	Seed	$8M	12 October 2022	Portage Ventures
TheGuarantors Added · 7 October 2026 · ffnews.com	Series C	$50M	25 April 2022	Portage VenturesLead
Haruko Added · 7 October 2026 · prnewswire.com	Seed	$10M	3 March 2022	Portage VenturesLead
Conduit Added · 7 October 2026 · fintech.global	Unspecified	$17M	17 January 2022	Portage VenturesLead

Angle Health
Series C18 September 2026
$200M
Portage Ventures
Added · 21 September 2026 · Angle Health raises $200M Series C at $2.7B valuation led by Vitruvian Partners
Moss
Series C5 August 2026
€30M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #144
nesto
Late-stage round11 June 2026
$302M
Portage Ventures
Added · 21 September 2026 · Weekly update #136
KOHO
Series E11 June 2026
CAD 130M
Portage Ventures
Added · 21 September 2026 · Weekly update #136
bunch
Series B19 May 2026
$35M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #133
getquin
Early-stage round19 May 2026
€12M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #133
Croissant
Early-stage round25 February 2026
$14M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #121
Alpaca
Series D14 January 2026
$150M
Portage Ventures
Added · 21 September 2026 · Weekly update #115
Pluto
Seed6 January 2026
$8.6M
Portage Ventures
Added · 21 September 2026 · Weekly update #114
Thread Bank
Growth-stage round15 December 2025
$30.5M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #112
Flex
Series B4 December 2025
$60M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #110
Agio Ratings
Early-stage round7 October 2025
€5M
Portage Ventures
Added · 21 September 2026 · Weekly update #102
ZILO
Series A223 September 2025
$27M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #100
Allocate
Series B3 September 2025
$30.5M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #97
Midas
Series B19 August 2025
$80M
Portage Ventures
Added · 21 September 2026 · Weekly update #95
OatFi
Series A3 June 2025
$24M
Portage Ventures
Added · 21 September 2026 · Weekly update #84
Conduit
Series A28 May 2025
$36M
Portage Ventures
Added · 21 September 2026 · Weekly update #83
Seeds
Series A20 May 2025
$10M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #82
Alpaca
Series C23 April 2025
$52M
Portage Ventures
Added · 21 September 2026 · Weekly update #78
Marshmallow
Late-stage round15 April 2025
$90M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #77
Formance
Series A29 January 2025
$21M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #66
Boosted.ai
Series B extension25 November 2024
$15M
Portage Ventures
Added · 21 September 2026 · Weekly update #57
Najar
Series A15 October 2024
€15M
Portage Ventures
Added · 21 September 2026 · Weekly update #51
Zeal (San Francisco)
Series B14 October 2024
$15M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #51
CoverTree
Series A9 May 2024
$13M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #29
Midas
Series A22 April 2024
$45M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #26
ZILO
Series A9 January 2024
£25M
Portage VenturesLead
Added · 21 September 2026 · Weekly update #11
KOHO
Series D extension7 December 2023
CAD 86M
Portage Ventures
Added · 21 September 2026 · Weekly update #6
OatFi
Seed12 October 2022
$8M
Portage Ventures
Added · 7 October 2026 · fintech.global
TheGuarantors
Series C25 April 2022
$50M
Portage VenturesLead
Added · 7 October 2026 · ffnews.com
Haruko
Seed3 March 2022
$10M
Portage VenturesLead
Added · 7 October 2026 · prnewswire.com
Conduit
Unspecified17 January 2022
$17M
Portage VenturesLead
Added · 7 October 2026 · fintech.global

View all

Funds

Fund IV Deploying now · Final close, 16 September 2026 · Size $600M

Portfolio

Angle Health
Latest: Series C · $200M · 18 September 2026
Moss
Latest: Series C · €30M · 5 August 2026
Led a round
Alpaca
Latest: Late-stage round · $135M · 16 July 2026
KOHO
Latest: Series E · CAD 130M · 11 June 2026
nesto
Latest: Late-stage round · $302M · 11 June 2026
bunch
Latest: Series B · $35M · 19 May 2026
Led a round
getquin
Latest: Early-stage round · €12M · 19 May 2026
Led a round
Croissant
Latest: Early-stage round · $14M · 25 February 2026
Led a round
Pluto
Latest: Seed · DKK 37.5M · 5 February 2026
Thread Bank
Latest: Growth-stage round · $30.5M · 15 December 2025
Led a round
Flex
Latest: Series B · $60M · 4 December 2025
Led a round
Agio Ratings
Latest: Early-stage round · €5M · 7 October 2025
ZILO
Latest: Series A2 · $27M · 23 September 2025
Led a round
Allocate
Latest: Series B · $30.5M · 3 September 2025
Led a round
Midas
Latest: Series B · $80M · 19 August 2025
Led a round
OatFi
Latest: Series A · $24M · 3 June 2025
Conduit
Latest: Series A · $36M · 28 May 2025
Led a round
Seeds
Latest: Series A · $10M · 20 May 2025
Led a round
Marshmallow
Latest: Late-stage round · $90M · 15 April 2025
Led a round
Formance
Latest: Series A · $21M · 29 January 2025
Led a round
Boosted.ai
Latest: Series B extension · $15M · 25 November 2024
Najar
Latest: Series A · €15M · 15 October 2024
Zeal (San Francisco)
Latest: Series B · $15M · 14 October 2024
Led a round
Haruko
Latest: Series A · $6M · 15 July 2024
Led a round
CoverTree
Latest: Series A · $13M · 9 May 2024
Led a round
TheGuarantors
Latest: Series C · $50M · 25 April 2022
Led a round

Top co-investors

Drive Capital · 3 shared rounds
Spark Capital · 3 shared rounds
BDC Capital · 2 shared rounds
Cherry Ventures · 2 shared rounds
Derayah Financial · 2 shared rounds
Diagram · 2 shared rounds
Eldridge · 2 shared rounds
Endeavor Catalyst · 2 shared rounds
Fidelity Investments Canada · 2 shared rounds
HOOPP · 2 shared rounds
IFC · 2 shared rounds
MS&AD Ventures · 2 shared rounds

News coverage

Angle Health raises $200M Series C at $2.7B valuation led by Vitruvian Partners

Portage closes $600M Ventures Fund IV to back fintech from seed to Series C

People

Current

Rounds led

Rounds participated in

Funds

Portfolio

Top co-investors

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