Investment capital that backs talent, wherever it comes from, without bias

APPROACH

Jeune femme avec des cheveux en tresses et un chignon, portant une chemise beige, regardant sur le côté avec une expression calme et confiante, dans un intérieur avec des étagères et un décor flou en arrière-plan.

We invest with conviction in ambitious, high-potential founders from underrepresented backgrounds, and support them in building companies that redefine industries.

Our Investment Profile

Canada's only diversity-focused venture capital fund investing from Seed through Series A+.

Stage

Seed

Series A+

Cheque

$1M - $3M

Geography

QC / CA

Ownership

Minority stake

Sectors

  • B2B Tech-enabled

  • AI

  • Sovereign Tech

  • SpaceTech

  • ROBOTICS

  • FINTECH

  • Entrepreneurship

A $25M+ Series A fund based in Montreal

Une vue panoramique d'une ville avec de hauts bâtiments modernes au crépuscule, sous un ciel partiellement nuageux avec des teintes rose et bleu.

Citadelle Capital invests minority, non-control equity stakes in:

  • High-growth Canadian B2B tech-enabled startups

  • Acquisition-ready SMEs

All led by underrepresented founders.

Our portfolio
Our portfolio

Our strategy

We deploy our capital through a focused, disciplined approach aimed at creating long-term value.

Capital is deployed with discipline at key moments of growth.

We actively support teams in execution and structuring.

We aim to create sustainable value in underserved markets.

Our investment framework

Our performance model is built on rigorous measurement, real-time analytics, and actionable insights. We are relentlessly data-driven.

We implement clear, consistent governance frameworks across all portfolio companies with accountability structures that strengthen execution, reduce risk, and drive long-term value.

As a minority investor, we work side by side with founders with deep respect for their vision and lived experience. Our approach is collaborative, transparent, and grounded in trust, with shared ownership of outcomes.

By bringing structure where it matters most, we reduce complexity and enable disciplined, repeatable execution.

We measure success not only by financial returns, but by long-term value created for communities and ecosystems.

Our tangible impact
Our tangible impact