Announcements and updates from Diagram and our companies.

Diagram Press

June 18, 2019 |
Paul Desmarais III betting big on fintech, expecting more partnerships in the space
Canada’s fintech scene continues to grow, and one of the key players behind the scenes is Paul Desmarais III, who has led major investments in financial startups. He joins BNN Bloomberg to talk about the Canadian fintech landscape and his strategies when it comes to the companies he supports.

June 18, 2019 |
Diagram Ventures draws up second fund
Power Corporation’s Portag3 Ventures unit has anchored the venture capital investor and incubator’s second vehicle, which will focus on financial and insurance technology.

June 11, 2019 |
Diagram Ventures Raises $55 Million CAD for Second Fund
Diagram Ventures has announced the close of its second fund, raising $55 million CAD as the firm also brings on co-founder Hamnett Hill as a Partner.

June 11, 2019 |
55 millions pour un nouveau fond
Diagram, une plateforme de lancement pour entreprises en démarrage dans les domaines de l’assurance et des services financiers, annoncera aujourd’hui la clôture de son deuxième fonds doté d’une capitalisation de 55 millions de dollars.

June 11, 2019 |
Diagram Ventures raises $55-million second fund
Existing anchor investor Portag3 Ventures—the fintech arm of Power Financial—led the investment in Diagram, which uses its money to co-found new businesses with entrepreneurs in financial services, health care and insurance.

June 11, 2019 |
Desmarais-backed venture capital platform closes new $55-million tech fund
Portag3, the venture capital arm of three companies within the Desmarais family’s Power Corp., is the ‘anchor’ investor in both Diagram funds.

June 11, 2019 |
Diagram Ventures II final closes at $55m
Diagram Ventures II has held a final close, securing $55 million in total capital commitments from Portag3 Ventures and 75 private and family offices from Ontario, Quebec and the USA.

September 12, 2017 |
Diagram raises additional $5m, adds PasswordBox founders to team after proving market fit

Just under a year after its launch, Diagram has announced new funding and two new team members as it doubles down on its focus of building companies from the ground up.

September 12, 2017 |
Diagram expands team, closes additional investment of $5 million
After the success of its first two ventures, Diagram today announced the growth of its team, and the closing of an additional $5 million round extension, bringing the total fund to $30 million.

September 14, 2017 |
Montreal’s Diagram wants to build billion-dollar businesses in Canada
Diagram takes a different approach than most venture capital investors — it starts by developing its own ideas in-house. “We build prototypes, and if it works, we work to assemble a team and we launch a company.

September 12, 2017 |
Diagram closes $25 million fund from portag3 and 50-plus angels to build Canadian fintech from the ground up
After a year operating in stealth, a new VC firm is ready to show its face to the Canadian tech community. Diagram today announced the close of a $25 million fund, led by Power-backed Portag3 and over 50 different angel investors.

January 24, 2017 |
VC launchpad Diagram raises $25 mln fund, invests in Dialogue, Collage
Diagram Ventures, a new Canadian venture capital firm led by Founder and CEO François Lafortune and Chairman Paul Desmarais III, has closed a $25 million debut fund.

January 24, 2017 |
The Game Changers
The banker, the venture capitalist and eight others changing the way we think, work and play.

January 24, 2017 |
Desmarais scion to oversee family-backed Canadian fintech venture capital fund
In an interview with the Financial Post, Desmarais said the fund was formed to create ‘a very hands off, entrepreneur-friendly model’ of fintech development.

Breathe Life Press


May 13, 2019 |
Breathe Life launches first product following $4.5 million CAD seed round
Montreal insurtech startup Breathe Life, which offers consumer-centric digital solutions for the insurance industry, announced the availability of its ​Consumer-Driven Module​, a white-label B2C solution, that helps carriers and agencies sell direct to consumer online while providing an engaging buying experience.

February 26, 2019 |
Montreal startup raises $4.5 million to help sell life insurance to millennials

Breathe Life is making a software platform for insurance companies to help them sell online.

March 05, 2019 |
Breathing new life into industry’s distribution platform
Breathe Life has raised $4.5 million to grow its business and bring a modern digital distribution platform to life and health insurance professionals.

March 21, 2019 |
Canada Is a Great Insurtech Test Market: Idea File
A Breathe Life co-founder talks about why Montreal is a good home for a distribution startup.

December 14, 2018 |
National Bank Insurance partners with Breathe Life to redefine the purchase of life insurance
National Bank Insurance announces today a partnership with Breathe Life, a leading Canadian InsurTech specialized in developing direct online insurance distribution solutions.

ClearEstate Press

Collage Press


October, 2016 |
The Leslie Group partners with Collage to manage benefits HR payroll
Diagram shifts focus to launching new companies with early success of initial two ventures, expanded team, and 7 additional angel investors.

October 26, 2016 |
Collage launches free HR and benefits platform for Canadian businesses

Collage Technologies Inc. (“Collage”) today announced the launch of its new HR and benefits platform for Canadian businesses. The cloud-based software application helps businesses automate administration work involved with HR, group benefits, and payroll administration.

October 26, 2016 |
Collage believes taking care of your employees should be easy
Diagram takes a different approach than most venture capital investors — it starts by developing its own ideas in-house. “It’s a tenet of small business that oftentimes the process of running your business can distract from the needs of your business. One of those needs that often gets overlooked is HR, which for most small businesses is generally relegated to the very bottom of the to-do list.

Dialogue Press



November 23, 2018 |
Montreal company brings artificial intelligence to medical system

In a few weeks, the CHUM will start a pilot project using Dialogue’s artificial intelligence triage program in its emergency department.

February 17, 2018 |
How Dialogue became one of Canada’s fastest-growing telemedicine providers
Interview with Dialogue CEO Cherif Habib on how he grew the company to become one of Canada’s fastest growing telemedicine providers. Dialogue recently raised a $12 million Series A round and is expanding to Alberta.

March 6, 2017 |
Health startup lets workers see a doctor without skipping work
The idea isn’t to keep sick employees at their desks, but rather to cut down on time spent in clinics and emergency rooms waiting to see a doctor.

March 6, 2017 |
Montreal-based Dialogue raises $4 million, announces Ontario expansion
Dialogue, which allows employers to offer employees access to healthcare through mobile, announced a $4 million seed round. The Montreal-based company also announced that it would now service Ontario.

October 24, 2016 |
Montreal-based Dialogue the latest startup to enter burgeoning employee healthcare space
With the launch of its integrated healthcare platform, Dialogue is the latest Canadian startup looking to tackle the employee healthcare space.

nesto Press


March 23, 2019 |
Tomkinson: Montreal startup Nesto taking mortgage biz online
Founder and CEO Malik Yacoubi said Nesto is making inroads in Quebec, Ontario and B.C., appealing largely to urban millennials.

March 14, 2019 |
PME innovation nesto

Bâtir l’Amazon du prêt hypothécaire.

Retirable Press

Novisto Press

Synctera Press

Wingocard Press