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Key people at New Avenue Capital.
New Avenue Capital was founded in 2010 by Manny Padda (Founder).
New Avenue Capital operates as a Vancouver, Canada-based venture capital firm and family office, deploying capital into early-stage technology companies and growing businesses. The firm’s core offering is strategic financial backing and operational support, enabling portfolio companies to scale and innovate. Its investment thesis prioritizes ventures demonstrating strong growth potential.
Manny Padda established New Avenue Capital in 2010, driven by a holistic vision for enterprise development. Padda conceived the firm upon four interconnected pillars: investment, lending, recruitment, and philanthropy. This reflects a strategic ambition to engage comprehensively with the entrepreneurial ecosystem, extending beyond traditional capital allocation.
The firm targets emerging tech startups and expanding businesses requiring catalytic growth funding. New Avenue Capital’s vision is to foster a robust entrepreneurial environment by integrating financial investment with human capital development and community engagement, aiming to build enduring value through interconnected ventures.
New Avenue Capital was founded in 2010 by Manny Padda (Founder).
Key people at New Avenue Capital.
New Avenue Capital has 2 tracked investments across 2 companies. The latest tracked deal is $810K Seed in Pocketed in October 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 21, 2021 | Pocketed | $810K Seed | Wutif | Hustle Fund, Women's Equity LAB |
| May 31, 2018 | Dooly | $2.0M Seed | Derek Spratt | Pallasite Ventures, Panache Ventures |