Accelia Capital is a Quebec venture fund that supports female-led start-ups. Julien Letartre has been promoted to partner.
“He has a great business network, and he is able to maintain active networking with the players in the venture-capital ecosystem in Canada.”
– Christine Beaubien
Letartre, according to Accelia, will oversee a team of analysts and be involved in the fund’s operations and transactions. Letartre became a principal at Accelia in 2022, after working as a senior associate of private equity for Caisse de depot et placement du Quebec. This major investment manager in Quebec manages public pensions. Letartre worked as an associate at Novacap, and was also an analyst at BMO Capital Markets, and Montreal-based CGI.
Annick Charbonneau, Accelia’s co-founder and managing director, said Letartre has an “impressive” background. He added that Letartre is passionate about technology and helped create value for Accelia portfolio companies.
Christine Beaubien, Accelia’s managing partner and co-founder, said in a press release that Julien had impressed her with his analytical skills, his enthusiasm and his commitment to Accelia’s mission. “He has a great business network and is able to maintain active networking with the players in the Canadian venture capital ecosystem.”
RELATED Accelia launches $50 million VC Fund to support women-led startups in Quebec
Accelia launched‘s $50-million fund by 2021, with the goal of investing 70% of its funds into Quebec businesses owned or run by women. Beaubien and Charbonneau claimed that this would help close the gap between men and women in venture capital investment. The fund was launched with the support of institutional partners, including the Government of Quebec via Investissement Quebec, the National Bank of Canada and private partners.
Accelia announced in April that Export Development Canada had invested $5.6 million into the fund. This brought Accelia’s funding pool to $60 millions of assets under management.
At Collision, Heylist , a Montreal-based company, announced that it had secured a $1.6 million round led by Accelia for the development of its “nanoinfluencers” marketplace product as well as to support its sales growth across Canada and the United States. Heylist CEO Vicky Boudreau stated that the company is proud to have Accelia’s support, as Heylist has a team made up of 70% women.
The image is courtesy of Accelia, via its website.