FUND III | OUR INVESTORS 

Institutional Capital. Women’s Capital. Investing Side by Side.

The51 Fund III brings together investors who recognize the economic opportunity in Canadian women-led innovation.

From major financial institutions to accomplished women investors and private capital partners, the capital commitments of this growing group are creating new opportunities for founders to build and scale businesses, while expanding participation and ownership in Canada's venture economy. 

This is the economic power of women, activated through investment.

A New Model for Mobilizing Capital 

The51 Fund III is built on a conviction that changing where capital flows starts with expanding who participates in investing it. 

By bringing women investors in at the anchor level alongside BMO, Fund III creates a meaningful opportunity for women to participate in venture capital as investors, decision-makers, and owners.

The significance extends beyond financing women-led businesses. It puts more women in a position to allocate capital, participate in the potential financial returns, and build wealth through the growth of Canadian companies.

When women invest, they help grow the businesses and industries that drive our economy.

Our Institutional Investors

Lead Institutional Anchor Investor

As one of North America's largest banks, BMO brings institutional scale and credibility to The51 Fund III. 

Its commitment reflects growing institutional recognition of the commercial opportunity in women-led innovation and the role venture capital can play in strengthening long-term economic growth. 

“Anchoring The51 Fund III is a deliberate investment in that future by backing women founders who are building in critical sectors and unlocking innovation at scale. By widening participation in the economy, we’re not only advancing equity, we’re strengthening the competitiveness and resiliency of our industry and accelerating the long-term growth of Wealth.”


Amanda Custodio Chief Growth Officer, BMO Financial Group

THE WOMEN INVESTING IN THE FUTURE THEY WANT TO BUILD

Our Women Co-Anchor Investors

The51 has brought together an exceptional group of Women Co-Anchor Investors from across Canada, investing alongside BMO at the anchor level. These 30 accomplished women bring their capital, experience, leadership, and networks to Fund III, reflecting the depth of women's financial influence across Canadian industries and markets. 

  • Ann Glazier Rothwell

    ANN GLAZIER ROTHWELL

    Principal & Vice Chair, RPIA

  • ANNE WHELAN

    ANNE WHELAN

    President & Chief Executive Officer, Seafair

  • CAROLYN LAWRENCE

    CAROLYN LAWRENCE

    Impact Strategist & Founder, Clear Path

  • CARRIE RUSSELL

    CARRIE RUSSELL

    Independent Director, Strategic Advisor

  • CHRISTA PLUMLEY

    CHRISTA PLUMLEY

    Commercial & Technology Lawyer

  • COLLEEN MOOREHEAD

    COLLEEN MOOREHEAD

    Board Chair, The51

  • DAISY ORSER

    DAISY ORSER

    Co Founder, Raintree Holdings

  • ERIN LANG

    ERIN LANG

    Principal & Member, Samson Family Office 

  • FRANCISCA QUINN

    FRANCISCA QUINN

    Founder & President of Quinn+Partners

  • GILLIAN RILEY

    GILLIAN RILEY

    Founder, The Scotiabank Women Initiative

  • GISELE WILSON

    GISELE WILSON

    Founder, CI Coriel Capital (now Corient)

  • JEN MCCAIN

    JEN MCCAIN

    Board Director, Advisor, Family Office Principal

  • JOANNE BOURGAULT

    JOANNE BOURGAULT

    Investor & advocate for women's financial independence

  • Joanne Cuthbertson, Kate Fischer and Lindsay Fischer

    JOANNE CUTHBERTSON, KATE FISCHER & LINDSAY FITCHNER

  • Jodi Bloomer-Kaput

    JODI BLOOMER-KAPUT

    Co-Founder and Chief Development Officer, Canadian Fiber Optics Corp. & Director, Bloomer Capital

  • JUDY GOLDRING

    JUDY GOLDRING

    Chief Executive Officer, AGF Management Limited

  • KAREN STEWART

    KAREN STEWART

    Founder, Fairway Divorce, Milestone Asset Management, Bumble Bees Venture Capital and The Decision Advantage Growth Lab™

  • LAURA DISTEFANO

    LAURA DISTEFANO

    Partner, Cerco Developments

  • LEAH BOYD

    LEAH BOYD

    Business Executive, Board Director, Investor

  • LINDSAY JEPHCOTT

    LINDSAY JEPHCOTT

    Co-Founder, Lume Women + Health

  • MIRANDA HUBBS

    MIRANDA HUBBS

    Corporate Director

  • NANDINI DASGUPTA

    NANDINI DASGUPTA

    Senior Partner Emeritus, BCG

  • PATRICIA SAPUTO

    PATRICIA SAPUTO

    Co-Founder, Executive Chairperson & Strategic Advisor, Crysalia

  • RACHAEL CARSWELL

    RACHAEL CARSWELL

    President, Canso Innovations & President & CEO, Grip Ventures

  • SONIA BAXENDALE

    SONIA BAXENDALE

    President & Chief Executive Officer, Global Risk Institute

  • SUSAN RIMMER

    SUSAN RIMMER

    Senior Executive Vice-President & Group Head Commercial Banking, CIBC

  • TIZIANA CASCIARO

    TIZIANA CASCIARO

    Professor, Rotman School of Management, University of Toronto

  • TRACEY MCVICAR

    TRACEY MCVICAR

    Chief Executive Officer, AGF Management Limited

A SHARED COMMITMENT TO LONG-TERM GROWTH

Our Fund III Investor Community

The strength of Fund III extends across our entire investor community. Alongside our institutional investors and women co-anchors is a wider group of investors whose capital commitments are fundamental to the fund’s ability to back high-potential businesses. They bring valuable experience, perspectives, and relationships, united by a belief in the commercial opportunity represented by women-led innovation.

Every investment contributes to the opportunity ahead.

THE CONVICTION BEHIND THE CAPITAL

In the Words of our Investors

“We are putting real dollars behind women-led companies, and we are building a community where founders, investors, and champions show up for each other.”


Gillian Riley Fund III Co-Anchor Investor, Founder, The51 Soctiabank Women Initiative

“The51 is where community and capital converge, and that’s an exciting place to be.”


Jen McCain Fund III Co-Anchor Investor, Board Director, Advisor & Family Office Principal

“When women founders, investors and leaders work together to reshape the capital ecosystem, expect great results.”


Gisele Wilson Fund III Co-Anchor Investor, Founder, CI Coriel Capital (now Corient)

Invest in the World you Want to Live In.

Explore how Fund III is investing in ambitious women founders building the companies and industries of tomorrow.