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Audaxa Ventures is a venture capital firm founded in 2021, with operations based in both Canada and the United States. The firm is dedicated to supporting early-stage companies, particularly those led by diverse women and non-binary founders. Audaxa Ventures emphasizes investments in technology-driven startups that aim to create a positive impact in their respective fields, especially at the intersection of climate and health.
Since its inception, Audaxa Ventures has focused on building a portfolio that reflects its commitment to diversity and innovation. The firm operates primarily in the United States and Canada, targeting early-stage investments in sectors that address pressing global challenges. Although specific quantitative metrics such as fund size and team size are not disclosed, the firm is recognized for its strategic approach to supporting impactful startups.
Audaxa Ventures primarily invests in early-stage technology-driven startups, specifically in the pre-seed, seed, and seed-plus stages. The firm targets sectors such as climate, healthcare, and biotech, with a particular emphasis on companies that are innovating solutions to improve communities and the environment. Their investment strategy is centered around supporting diverse founders, particularly women and non-binary individuals, who are leading these initiatives.
The firm seeks to partner with startups that are developing technology solutions at the intersection of climate and health. Audaxa Ventures prioritizes investments that not only promise financial returns but also contribute to societal betterment. The organization provides essential market access for portfolio companies, leveraging the extensive experience of its partners in scaling impact and guiding startups through strategic fundraising and governance.
While specific portfolio companies are not fully disclosed, Audaxa Ventures has invested in various categories that reflect its focus on climate and health. These include:
These categories highlight the firm’s commitment to supporting startups that are not only innovative but also socially responsible.
Hilary Kilgour - Co-Founder and Managing Partner. Hilary holds an MBA in Sustainable Systems from Presidio Graduate School and an undergraduate degree from Queen's University. She has been recognized by Clean50, Corporate Knights, and YWCA for her leadership in scaling impact. Hilary also serves as an Entrepreneur in Residence and Capital Advisor at ventureLAB, where she provides strategic guidance on fundraising and governance.
Raissa Espiritu - General Partner. Raissa brings valuable expertise to the firm, contributing to its focus on supporting diverse founders and impactful technology solutions.
To pitch Audaxa Ventures, founders should visit their website at audaxaventures.com. The firm prefers pitches that include a clear overview of the business model, market opportunity, and the social impact of the startup. While specific application forms or portals are not mentioned, a well-structured pitch deck is essential.
Response times may vary, so founders should be prepared for potential follow-up discussions. Warm introductions are beneficial but not mandatory.
As of April 2026, Audaxa Ventures has been active in the venture capital space, focusing on investments that align with its mission of supporting diverse founders in climate and health sectors. The firm has been featured at Startupfest, where Hilary Kilgour served as a speaker, sharing insights on the importance of diversity in venture capital.
Additionally, Hilary Kilgour has developed a 6-month investment readiness series for early-stage hardware companies, launched in January 2024, aimed at preparing startups for successful fundraising.
What are Audaxa Ventures' investment criteria?
Audaxa Ventures focuses on early-stage technology-driven startups, particularly those addressing climate and health challenges. The firm prioritizes investments in companies led by diverse women and non-binary founders.
How can I apply or pitch to Audaxa Ventures?
Founders interested in pitching to Audaxa Ventures can visit their website at audaxaventures.com for more information on the application process.
What makes Audaxa Ventures different from other venture capital firms?
Audaxa Ventures emphasizes diversity in its investment strategy, specifically targeting startups led by underrepresented founders. The firm also focuses on technology solutions that have a positive impact on climate and health.
What is the geographic scope of Audaxa Ventures' investments?
The firm primarily invests in the United States and Canada, with a focus on early-stage companies in these regions.
What kind of post-investment involvement does Audaxa Ventures have?
Audaxa Ventures provides essential market access and strategic guidance to its portfolio companies, helping them navigate fundraising and governance challenges.
What is the typical check size for investments made by Audaxa Ventures?
Specific check sizes are not disclosed, but the firm targets early-stage investments in the pre-seed, seed, and seed-plus stages.
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