Toronto-based early-stage VC firm Storytime Capital has secured over $14 million CAD in the first close of its second fund, with a target range of $25M–$30M.
The fund will back 20 pre-seed and seed-stage startups building technologies that reimagine how work is found, done, and managed.
Focused on Canadian innovation
Founded in 2022 by Neil Grunberg and Ryan Kimel, Storytime Capital has made 15 investments through its $17.5M first fund, including startups like Blanka, NLPatent, and Monark. Fund II continues that vision, while enabling larger follow-on checks and more ideation-stage bets. Lauren Epstein, previously a venture partner, joins as General Partner to help scale the fund.
Advertisement
Non-traditional LPs lead support
Storytime Capital’s second fund is backed by 31 high-net-worth individuals including returning LPs like AlayaCare CEO Adrian Schauer and new ones such as Clio co-founder Rian Gauvreau. Notably, no institutional capital is involved. The firm writes initial checks between $750K–$1.5M and plans to invest primarily in Canadian startups, with some exposure in the U.S. and Middle East.
