News Pick – How Toronto’s tech startup scene is blowing up – InsideToronto


May 25, 2017 – “Toronto’s technology ecosystem is a breeding ground for the latest startups and innovative technology. Companies like Uber, Google and Twitter have flocked to Toronto to establish Canadian headquarters because it’s seen as the place to foster the next wave of technology to move society forward. And it’s not on a whim. There are more than 400,000 people employed in the tech sector in the city and it is still growing. Because of that, the City of Toronto is putting more emphasis on nurturing its tech talent. According to Scarborough Southwest councillor Michelle Holland, the city’s first appointed official as advocate for the innovation economy, it starts by tackling the sector’s branding issue. “Toronto really punches above its weight when it comes to being a tech city. It’s the number 1 city for startups and a great place for people to start and grow a business,” Holland said.” Read more at InsideToronto

News Pick – The time for entrepreneurship is now – BNN


May 25, 2017 – “In honour of Canada’s upcoming 150th birthday, Shopfiy one of Canada’s leading tech companies, which was once a startup, is looking to celebrate and encourage entrepreneurs in Canada. According to Statistics Canada, 97.9 per cent of Canada’s economy is made up of small business and the trend is expected to continue. The dream of owning your own business, according to a new survey conducted by Shopfiy, is alive and well. Sixty-eight per cent of those surveyed dream of being their own boss. Currently three in 10 Canadians have started their own business and more than half (53 per cent) believe that entrepreneurship is a possibility in the future.” Read more at BNN

News Pick – Toronto tech firms seeing more interest from U.S. job seekers — and not just because of Trump – CBC


May 24, 2017 – “Last month, Roy Pereira, CEO of Toronto startup, received so many applications for a software engineering position from U.S.-based job seekers that he thought they were fake. “I thought it was maybe bots spamming us,” he remembered, noting only about one per cent of the company’s past applications had come from the States. The applicants he interviewed, many of whom were living in Silicon Valley, praised Toronto’s tech scene and expressed doubts about how they’d fare under the mercurial immigration policies of U.S. President Donald Trump.” Read more at CBC

News Pick – Creative Destruction Lab expands startup program nationally – G&M

Creative Destruction Labs

May 17, 2017 – “Creative Destruction Lab is blowing up. The acclaimed tech startup program based at University of Toronto’s Rotman School of Management will reveal Thursday that it is expanding to Calgary, Montreal and Halifax, after its first external foray this year when it partnered with University of British Columbia’s Sauder School of Business to open a Vancouver lab. CDL is also planning a U of T-based offshoot focused on creating firms that specialize in artificial intelligence “machine learning,” using powerful quantum computers from D-Wave Systems, one of Canada’s emerging technology stars.” Read more at The Globe & Mail

News Pick – Toronto appoints Chief Transformation Officer to help the city become a more innovative public service – Betakit


May 15, 2017 – “The search is finally over; Toronto has found its Chief Transformation Officer (CTO). Michael Kolm will be Toronto’s first-ever CTO and will report directly to city manager Peter Wallace. Kolm is set to begin on May 29th, 2017. Kolm will be responsible for setting “the overall strategic direction for the Transformation Office by establishing the vision, goals, objectives, and priorities of transformation initiatives that align with the City’s strategic directions, Council priorities, and the Long-Term Financial Plan.”” Read more at Betakit

News Pick – Prime Minister, Toronto Mayor talk tech and innovation – Techvibes


May 11, 2017 – “Today OneEleven, a “scale-up innovation hub,” celebrated the grand opening of their space in downtown Toronto. The occasion featured a Tech Town Hall with Prime Minister Justin Trudeau and an evening reception with Toronto Mayor John Tory. The grand opening event introduced the first phase of OneEleven’s 250,000 square-foot-expansion at Front St. and Blue Jays Way in Toronto. It is the first building in the planned Oxford Properties Union Park innovation hub project. “[Our] mission is to create the conditions for Canada’s next billion-dollar tech company,” said Bilal Khan, a founder of OneEleven.” Read more at Techvibes

News Pick – As U.S. closes its doors, Canada has a chance to attract top talent – G&M


May 10, 2017 – “Silicon Valley is, and is likely to remain, the epicentre of the global tech industry. But with anti-immigration sentiment spreading across the United States – as President Donald Trump seeks to impose travel bans on citizens of other countries and to restrict the use of the H1B visas that allow foreigners to work in the United States – international talent has reason to feel unwanted. That provides an opportunity for other countries, and especially Canada, to attract the best and brightest minds. That was the sentiment at last week’s Collision conference, an annual gathering of startups and veterans in various fields within the technology industry. A number of talks at the New Orleans event focused on how the Trump administration might impact the U.S. technology industry, with titles like “The importance of immigration to Silicon Valley,” “The first 100 days: How has Trump affected tech?” and “Regulation and the new administration.”” Read more at The Globe and Mail

News Pick – Google is planning a 12-acre high-tech city in Canada – Fortune

Smart City

May 9, 2017 – “Google’s parent company, Alphabet, has applied to develop a strip of land in downtown Toronto in order to create a brand new high-tech city “from the Internet up.” The application is the latest initiative from Sidewalk Labs LLC, the company’s urban innovation unit, and is part of a vision to create a large-scale urban district modeled after a tech company. “I’m sure many of you are thinking this is a crazy idea. We don’t think it’s crazy at all. People thought it was crazy when Google decided to connect all the world’s information. People thought it was crazy to think about the concept of a self-driving car,” said Sidewalk CEO Dan Doctoroff in remarks reported by State Scoop. Prior to filing the Toronto application, Sidewalk Labs had considered Denver and Detroit as candidates for the high-tech city and has long pondered the idea of building “from the Internet up,” according to Bloomberg.” Read more at Fortune

News Pick – Private Equity seduced by Software-as-a-Service Companies

Private Equity

May 9, 2017 – “Private equity suitors are giving strategics a run for their money in the hunt for SaaS targets. Software-as-a-service (SaaS) and the cloud computing infrastructure underpinning it are attracting healthy levels of private equity interest, showing how those technologies have gone mainstream. The PE firms are drawn to “anything with SaaS that shows sustainable, recurring revenue streams — that’s just a very attractive space for private equity,” says Bill Stoffel, US Private Equity Leader at EY. Buyout shops are lured by the steady cash flows of SaaS business models, as well as their versatility. A SaaS platform can be applied across sectors, from ecommerce to energy, explain other advisors. Interest from PE – in addition to strategic buyers — is expected to continue into 2018, they note.” Read more at Forbes

News Pick – Canada wants Silicon Valley’s tech employees – The Atlantic


May 19, 2017 – “Despite talk of a business-friendly administration, the U.S. tech sector may face some pretty serious employment challenges under President Donald Trump. First, there was the immigration ban that threatened to stop immigration from seven Muslim-majority countries, then the uncertainty about H-1B visas for skilled workers, and finally questions over how the Trump’s administration’s “Buy American, Hire American” strategy would affect sectors that rely on outsourced or imported talent. For foreign countries looking to build their own urban tech scenes, the situation poses a welcomed opportunity: With some of the best tech talent in the world anxious about losing their work visas in the U.S., tech hubs around the world are making a push to get skilled labor to their shores instead.” Read more at The Atlantic

News Pick – A Trump dividend for Canada? Maybe in its A.I. industry – NYT


May 9, 2017 – “Amir Moravej, an Iranian computer engineer in Montreal, quietly worked last year on building software to help people navigate the Canadian immigration system. He saw it as a way for others to avoid the same immigration travails he suffered a few years earlier. Then came the American presidential election. “Trump accelerated everything,” said Mr. Moravej, 33, the chief executive of a software start-up named Botler AI. With immigration taking center stage in American politics and elsewhere, Botler AI began putting more resources into building a chatbot tailored to one of Canada’s immigration programs. On Wednesday, the start-up plans to announce that Yoshua Bengio, a research pioneer in artificial intelligence and director of the Montreal Institute for Learning Algorithms, is joining the fledgling company as a strategy adviser. Mr. Bengio is adding his intellectual firepower to ease the way for what could become a migration of high-tech talent. Canada stands to benefit from the American political climate and the Trump administration’s efforts — stalled in court so far — to sharply restrict travel into the United States from six predominantly Muslim nations. After Mr. Trump’s election, applications to Canada for student and temporary visas surged.” Read more at The New York Times

News Pick – Silicon Valley Bank sets sights on Canada – G&M

Silicon Valley Bank

May 4, 2017 – “A leading U.S. bank catering to technology companies and venture capitalists is putting down roots in Canada, hoping to be a lender of choice for the next wave of Canadian innovators. Silicon Valley Bank, based in Santa Clara, Calif., filed an application Thursday with Canada’s banking regulator for a license to open a lending branch in Toronto. Its push into Canada comes just as the federal government has unveiled an innovation-friendly budget pouring hundreds of millions of dollars into venture capital investments, clean technology firms and the flourishing artificial intelligence (AI) sector. In early 2016, Prime Minister Justin Trudeau pitched Canada as a hub for technological innovation to billionaires and global leaders at the World Economic Forum in Davos.” Read more at The Globe and Mail

News Pick – 2017 Tech IPOs are on a tear compared to last year – TechCrunch

Snap IPO

May 1, 2017 – “By this time last year, one tech company had gone public. Already this year, nine tech companies have gone public on U.S. exchanges. Needless to say, public exits are looking up. That comparison becomes starker when you compare SecureWorks, 2016’s first IPO, to Snap, which went public in 2017. SecureWorks priced under range, and it has since fallen nearly 38 percent from its IPO price. Snap, in contrast, priced above range and then saw its share price quickly ascend. It’s too early to compare 2017’s IPO crop closely to 2016’s. That said, we can still parse out some interesting numbers from the cadre of newly public tech companies in 2017. So, under that edict, let’s explore.” Read more at TechCrunch

movies online

News Pick – The Startups Economy is Finally Stablizing – Bloomberg Technology


April 28, 2017 – “After a prolonged retrenchment, startups in the U.S. are finally seeing better days. The Bloomberg U.S. Startups Barometer rose 0.6 percent from a year earlier, marking the first year-over-year increase since the end of 2015. Bigger funding totals and more exits buoyed the index. Snap Inc. and MuleSoft Inc. are among the companies that went public in recent weeks. Initial public offerings give investors a chance to cash out and reinvest their money into younger businesses, making them a leading indicator of the funding environment for startups. “We think there will be anywhere from 30 to 35 venture-backed IPOs this year,” said Scott Raney, a partner at Redpoint Ventures, which manages $4 billion of investments. “By all measures, it feels like it’ll be a much better year.” Read more at Bloomberg Technology

News Pick – Snubbed by Trump, Silicon Valley talent is looking to Canada – Macleans

Donald J. Trump

April 25, 2017 – “Like many Canadian tech executives, Roy Pereira, CEO and founder of Inc., struggles to hire and hold on to highly skilled engineers, code writers and seasoned managers. Canadian software engineering grads often head directly to tech hubs like Silicon Valley and San Francisco, or use an entry-level position at the Canadian arms of giants like Google or Facebook as launching pads for U.S. gigs. And who could blame them? The pay is better; the career horizons, wider. So when Pereira’s small but fast-growing software firm began recruiting for engineers earlier this month, using the usual online channels, he noticed something odd: the number of inquiries from the U.S. and overseas was significantly outpacing those from Canadians. “These were American citizens and sometimes foreign nationals, including a lot of South Asians. They were wanting to come to Toronto.”” Read more at Maclean’s


Legally blind Cardinal O’Hara teacher to get gift of sight from eSight device

Springfield Press – May 11, 2017 – (Read more)

Special glasses give 7-year-old girl the gift of sight

WLOS – May 11, 2017 – (Read more)

Community raises $10,000 to buy eSight glasses for legally blind boy

ABC – May 10, 2017 – (Read more)

iGan Partners: Q2 Update

iGan Partners – May 3, 2017 – (Read more)

Smith & Nephew signs exclusive worldwide distribution agreement for the revolutionary MolecuLight i:XTm imaging device

Smith & Nephew – May 3, 2017 – (Read more)

Avada WordPress Theme

SceneDoc closes investment round to support ambitious growth

GlobalNewswire – May 25, 2017 – (Read more)

eSight smart glasses help legally blind teen to see, shoot hoops with the Harlem Globetrotters

BetaKit – Apr 22, 2017 – (Read more)

Giving sight to those without it

Huffington Post – Apr 5, 2017 – (Read more)

Vision for the legally blind

CBC Radio – Apr 2, 2017 – (Read more)

Diagnostic medical technology veering into Star Trek galaxies

Toronto Star – Mar 30, 2017 – (Read more)

Exact Imaging introduces new FusionVu™ micro-US/MRI Fusion

Yahoo Finance – Mar 23, 2017 – (Read more)

Spectra7 announces production shipments for medical augmented reality pioneer eSight

MarketWired – Mar 13, 2017 – (Read more)

Exact Imaging receives Health Canada approval to sell micro-ultrasound system

BetaKit – Mar 12, 2017 – (Read more)

MolecuLight i:X performs better than Levine method to maximize sampling of treatment-relevant pathogens in chronic wounds

MolecuLight – Mar 6, 2017 – (Read more)

The eSight 3 is an augmented reality headset designed to help the legally blind see

The Verge – Feb 16, 2017 – (Read more)

iGan Partners is a venture capital firm investing in emerging tech companies.
With a focus on Digital Health and B2B SaaS, we invest in dynamic management teams, empowering them to build impactful businesses. We have built large successful companies and understand the challenges facing growing businesses, having faced them ourselves. We provide early stage companies with smart capital, a unique active management approach and exclusive access to a network of industry partners and sector specific co-investors to help them succeed.


Early Stage

We build lasting partnerships with founders and managers of great businesses. These partnerships are formed after the company has raised some seed capital, developed proof of concept or obtained market validation. We typically invest in Pre-Series A or Series A rounds and reserve capital for follow-on investments.


We take a unique active management approach with all our portfolio companies. With a strong network of industry partners and co-investors, we ensure our portfolio companies have the sufficient funds and network that will support their growth to a successful exit. We provide ongoing advice, help build management teams, and secure key customers when needed.


Internet & Software

Data-driven SaaS and B2B platforms.

Digital Health

Healthcare IT and Medical devices


Powerful web technology that helps businesses identify devices, and consumers across devices.


Breakthrough electronic eyewear that enable the legally blind to actually see.

Exact Imaging

World's first high frequency micro-ultrasound that provides unmatched resolution to visualize, detect and treat prostate cancer.


Sports fundraising and marketing platform that allows sports teams to raise funds and brands to acquire customers.

LimeLight Platform

Live marketing and automation platform, enabling data collection, microsites, email campaigns and more.


Big-data company that uses machine intelligence to solve core research information challenges for academics and industries.


Handheld optical imaging device that enables the visualization of bacteria in real-time at the point of care.


Search engine for numerical data that offers access to millions of financial, economic, and social datasets.

Right Health

Online clinic providing timely, technology-enabled, private healthcare.


Mobile investigation and field documentation platform for public safety and law enforcement agencies.

Think Research

Knowledge-based platform offering tools and leading clinical content for clinicians to provide the best evidence-based care.


Intelligent video exchange and recommendation platform for digital publishers, content creators and brands.

Meet Our Team

Team Member

Sam Ifergan

President & Managing Partner

Team Member

Geoff Matus

Venture Partner

Team Member

Michael Stein

Venture Partner

Team Member

Michael Aron

Venture Partner

Team Member

Javier Flores

Venture Partner

Team Member

Olivier Giner

Vice President & Principal

Team Member

Kuljeev Singh


Team Member

Alexandre Nossovskoi


Team Member

Billy Lai


Team Member

Claudia Jimenez

Business Operations Manager

Team Member

Sachin Aggarwal

CEO - Think Research

Team Member

Jonah Midanik

Founder & CEO - LimeLight Platform

Team Member

Alex Kottoor

Co-Founder & CEO - SceneDoc

Team Member

Garrick Tiplady

CEO - Vemba

Team Member

Brian Mech

President - eSight

Team Member

Sam Molyneux

Co-Founder & CEO - Meta

Team Member

Craig Kennedy

CEO - MolecuLight

Team Member

Randy AuCoin

President - Exact Imaging

Team Member

Tammer Kamel

Co-Founder & CEO - Quandl

Team Member

Mark Bachman

Co-Founder & CRO - FlipGive

Let’s Chat

The best way to connect with us is through people who we know and trust – either fellow entrepreneurs, investors that have invested with us or industry professionals that know us well.

You can also reach us directly via email at [email protected]

Toronto Office

60 Bloor St. W, 9th Floor

Toronto, Ontario, Canada

M4W 3B8

(416) - 925 - 2433


Follow us on Linkedin or Twitter