Ignite your success,
fuel your growth.

L-SPARK is powered by strategic mentorship, hands-on support, and hyper-personalization.

Yun Yao, Soralink

120+

Companies in our portfolio

$200M+

In follow-on funding

12

Portfolio exits

Supercharge Your Growth

L-SPARK is designed to guide you through every step of your journey—whether you're driving corporate innovation or scaling your startup—L-SPARK helps you navigate the road ahead with confidence and clarity.

Companies of various stages and verticals trust L‑SPARK to ignite their success and fuel their growth.

No two companies will experience L‑SPARK the same way, because our accelerator programs are tailored to meet your specific needs.

Explore our approach

Why founders choose L‑SPARK

“Great advice from warm and highly experienced mentors - they help us see what we don't see and connect us with incredibly useful resources.”

Kathy Cheng,
Founder + CEO, Nexxt Intelligence

“What shocked me was how much they believed in me, almost more than I believe in myself.”

Yun Yao,
CEO + Co-Founder, Soralink

“L-SPARK was an instrumental source of honest scrutiny for our core assumptions around positioning, fundraising, and scaling the business. Our mentors’ advice and guidance were critical in reinforcing our base foundation so it could be built on at scale. L-SPARK also provided linkages to a great network of industry experts, key technology players, and other fantastic start-ups, which has proven invaluable in our market exposure and business development initiatives.”

Kelly Cherniwchan,
CEO + Founder, Chata.ai

“Thanks to our experience with L-SPARK, we were able to meet the needs of our investors. These requirements included knowing how to create a strong pitch deck, a succinct pitch, a sound financial plan, and a supporting growth strategy. We used these skills while pitching to numerous Angel networks across Ontario, and were able to close a seed investment. This capital has been crucial for our continued growth, resulting in year-over-year revenue growth of 300%.”

Adam Allore,
CEO, Wavve Boating

“Being part of L-SPARK has changed everything for me personally and for Brokrete. The mentor team helped us structure the idea, challenge ourselves, be accountable and they gave us the specific tools and knowledge we needed to get to the next level. I learned more in this program than I’ve learned elsewhere and the value they bring to a technology company is unmatchable.”

Jordan Latourelle,
CEO + Founder, Brokrete

“L-SPARK mentors are sharp! The SaaS program is like an MBA on the spot, applied on your business. You will learn to automatize not just your product, but your scale up, your sales etc. More importantly, you will learn how to be a good leader.”

Jean-Maxime Larouche,
CEO + Co-Founder, Hippoc

“L-SPARK was a game changer for Heyday. An amazing team, great mentors, awesome program.”

Steve Desjarlais,
CEO + Co-Founder, HeyDay.ai

“They were able to tailor the advice for us, depending on the stage of the company. They really do care about the companies.”

Jax Zheng,
Co-founder + CEO, Shippie Technologies Inc.

“They provided direct support and connected me with key investors, many fruitful investor relationships have been developed and wouldn't be without L-SPARK's connections. That has sparked a lot of exciting opportunity for us.”

Noah Crampton,
CEO + Founder, Mutuo Health Solutions

“They were great in understanding the business and what we wanted to accomplish, and they helped us evolve the business model and accomplish key milestones we had set for ourselves.”

Richard Mercier,
CEO, AideXpress

“When we started L-SPARK we had a product, when we finished L-SPARK we had a business.”

Lindy Ledohowski,
Founder + CEO, EssayJack (Acquired)
Hilo logo

“Often, the key to success is to surround yourself with experts in software development, sales, marketing, fundraising and more. The L-SPARK team has provided the depth and breadth of expertise to truly propel HILO to becoming the global leader in workplace engagement for the hybrid world. Their personal attention to our business, as well as hands-on oversight from an industry mentor, have been game-changers in moving HILO closer to realizing our goals.”

David Abrams,
CEO & Co-Founder of HILO

“Compass North was instrumental in helping me make some BIG decisions relating to my business and the development of the medical device I designed.”

Karen Brunet
Karen Brunet,
CEO of ActivKare

“The L-SPARK SaaS accelerator took Corfix from a great idea to a thriving and rapidly expanding tech company. Getting to work directly with industry leaders and visionaries gave us an arsenal of new proficiencies and the confidence to apply them. In only six months they taught us everything we needed to know to grow our business, as we increased our MRR by 750% and tripled our team during their mentorship. The value of this program cannot be overstated, and will continue to manifest in our future success.”

Shawn Watts,
CEO & Founder of Corfix

"The L-SPARK SaaS accelerator took Corfix from a great idea to a thriving tech company. Working with industry leaders and visionaries gave us an arsenal of new proficiencies."

Shawn Watts
CEO & Founder of Corfix

"Compass North was instrumental in helping me make some BIG decisions relating to my business and the development of the medical device I designed."

Karen Brunet

Karen Brunet
CEO of ActivKare

"Great advice from warm and highly experienced mentors - they help us see what we don't see and connect us with incredibly useful resources."

Kathy Cheng

Kathy Cheng
CEO of Nexxt Intelligence

EssayJack logo
heyday
View our portfolio

A network of support, powered by our sponsors

We’ve cultivated an incredible ecosystem including more than 45 mentors, active alumni, a cohort of like‑minded entrepreneurs, access to leading-edge technology, and strategic sponsors who make L‑SPARK’s impact possible.

A powerful ecosystem, invested in your success.

National Bank
BDC logo
BDO Logo
Logan Katz logo
Osler logo
Sampford Advisors logo
Wesley Clover logo

Our Annual State of SaaS Report

L-SPARK has a finger on the pulse of the Canadian SaaS ecosystem.

“2023 was a year of constant change. Economically, geographically, politically, and financially. Our industry has suffered accordingly. Staying vigilant and agile remains the state of SaaS.”

Leo Lax, Executive Managing Director, L-SPARK

Download the report

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