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Verstra Helps
Software Startups Grow

Maximize your company’s potential with our expertise and capital


Verstra Ventures invests in exceptional founders who are building enduring software companies. Through our capital, network and extensive knowledge of best practices, we help our portfolio companies scale in a fast, sustainable way. If you’re an early-stage software company with a specific industry focus and looking to grow, we’d love to meet with you and see if Verstra is the right partner for your business.


Dream Payments provides cloud payment solutions to financial institutions and insurance companies, enabling them to provide frictionless digital and mobile payment experiences to their end customers. Their clients, partners, and investors include some of the leading banks and insurance companies in North America.

SimpliConnect (dba Tecmark) works with small to mid-sized convenience store chains in their efforts to compete with their larger counterparts. The company offers a comprehensive loyalty rewards software platform, which includes certified point of sale integration, customizable mobile app options, and omni-channel customer communication tools.

VXG provides smart surveillance and analytics companies with unlimited scalability, massive cost reduction and extensive bandwidth saving. VXG can connect any number of cameras, providing tools for AI engines to work with video data at any scale.

Founded in 2016, EnergyX Solutions Inc. is a marketing automation company that enables utilities to increase customer participation in energy efficiency programs while simultaneously lowering the utility’s cost to engage and serve a customer. Their MIT-award winning software platform, MyEnergyXpert, is white-label licensed by utilities and government organizations to hit their energy efficiency targets.

Savormetrics’ FoodSafe Analyzers provide a fully integrated, real-time food quality analysis tool. The integration of cutting-edge hardware and software technology allows for non-destructive quantitative and qualitative measurements of fresh food products. This technology can be used for a variety of purposes, including predicting the remaining shelf-life of produce or detecting unwanted chemicals in the food.

Wisely is a productivity tool for fundraisers. Their software helps charities decide who to talk to, when to talk to them and how much to ask for, helping them meet and exceed their fundraising targets.

Hyre is a comprehensive HR platform that helps hospitality and healthcare businesses find and manage their shift-based workforce. In addition to its marketplace that connects staff with organizations that require on-demand help, Hyre enables efficient shift scheduling, automated timesheets, digital time clocks, team messaging, and a built-in temp staffing pool.

The Verto Platform leverages smart data integrations, virtualizes care, and activates patients and caregivers to drive powerful automation and personalization in healthcare. The result is a next-gen collaborative care platform for healthcare teams: getting the right data to the right person at the right time.


Karl's Photo

Karl Schabas, Managing Director

Before starting Verstra Ventures, Karl spent eight years as the Chief Strategy Officer at an operating group of Constellation Software. Karl would provide consulting and training to help companies grow and maximize their performance. He also assisted with new product initiatives at many companies in the portfolio. The experiences and techniques learnt from this role form the backbone of Verstra’s best practices. Karl has a masters in computer engineering from the University of Toronto and an MBA from London Business School.

Matan's Photo

Matan Hazanov, Vice President

Before joining Verstra Ventures, Matan spent 6 years building and helping startups as an entrepreneur, advisor, and investor. In his 4 years at Terracap Ventures, Matan was a key player in many transactions in the software, cleantech and agtech industries in North America and Israel. In his role, Matan advised portfolio companies on strategy, raising capital and building a sustainable competitive advantage. Matan has an International BBA from the Schulich School of Business.