Luge Capital Fund II

Canada

Pre Seed

About Luge Capital Fund II

Luge Capital Fund II is a venture capital firm based in Canada, focusing on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in SaaS, providing strategic guidance and capital to help startups scale.

Investment Focus

Location / RegionCanada

Funding StagePre Seed

Industry Focus

Saas

Investor Signals Profile

active

Sweet Spot

Early-stage fintech founder solving real rental/access problems Canada

fintech

early-stage

Canada + US

financial services

social impact

rental/access solutions

Bullish Signals

50+ yrs team operational expertiseexternal

Backed by major financial institution LPsexternal

Hands-on partner access for foundersexternal

Portfolio exit: Till Financial acquiredlinkedin

Exit to major financial group (W&S)linkedin

Active $100K fintech grant competition judgingexternal

15-year Startupfest ecosystem engagement trackexternal

Recent: Padder rental access winner judginglinkedin

Values business fundamentals + social impact blendlinkedin

$25K non-dilutive grant + visibility Sept 2026external

Direct access to senior financial institution leadersexternal

Curated ecosystem access for top 10 fintechsexternal

Contrarian Signals

Fintech-only — narrow vertical focusexternal

LP banks may slow contrarian betsexternal

Founder Do's

Challenge financial industry status quo

Solve real global-scale problems

Show grit & execution mindset

Expect hands-on operational support

Leverage LP network (banks/institutions)

Build solutions with social impact

Tackle accessibility/inclusion in finance

Pitch at Canada Fintech Forum Sept 15

Founder Don'ts

Non-fintech verticals — hard no

Late-stage — too early fit

Avoid if solo, no ambition signal

Key GPs & Partners

David Nault

Partner

fintech judgeecosystem builderhands-on

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Fund Overview

Fund SizeC$96M

Saves0

Website

Key People

David Nault

David NaultPartner

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