Marigold Capital

VC Toronto, Canada · Founded 2016

Marigold Capital is a gender and social equity lens impact venture capital fund investing in underrepresented founders across Canada and the United States. The firm targets early-stage, capital-efficient technology companies addressing critical social challenges, specifically focusing on health, mental health, sexual and reproductive health, social justice, and ethical supply chains.

About Marigold Capital

Marigold Capital is an impact-oriented investor with a thesis tilted toward social outcomes, including health equity, community wellbeing, and inclusive economic development. Public information on fund size, stage discipline, and check sizes is limited, so founders should treat it as a small, conviction-driven vehicle writing checks plausibly in the $250k to $1M range at seed. Healthcare exposure runs through health equity, women’s health, mental health, and community care models rather than capital-intensive therapeutics or devices. Physician founders building care models for underserved populations, behavioral health platforms, or equity-focused digital health products are the natural fit. Founders building scaled growth-stage rounds, hospital-enterprise software, or therapeutics should pitch elsewhere. Geographic posture is most likely North American with global impact-deal capacity. The realistic entry path is a warm introduction from an impact ecosystem operator, an existing portfolio founder, or a foundation program officer in the firm’s network. Founders should arrive with a credible impact thesis, real outcome data, and a clear path to commercial sustainability rather than relying on grant capital alone. Treat Marigold as a values-aligned co-investor that brings impact diligence rigor and network depth in the social-outcomes ecosystem, but plan to source a larger lead investor from a generalist or healthcare-specialist fund when the company scales.

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Healthcare AI tools backed by Marigold Capital

Tools made by companies in Marigold Capital's portfolio that we cover in the directory.

Gemini for Google Workspace
Google
Documentation & Scribing
Google Gemini for Google Workspace is an AI assistant integrated into Google's productivity suite, offering features like writing, summarization, and data analysis to enhance efficiency for physicians and healthcare professionals.
Google Gemini
Google
Clinical Decision Support & Reference
Google Gemini is a powerful AI assistant with advanced capabilities for writing, summarization, and research, applicable to physician productivity and administrative support. It is a multimodal AI, capable of processing text, images, audio, and video, and has specialized versions like Med-Gemini for healthcare applications.
Google Cloud AI (with BAA)
Google
Clinical Decision Support & Reference
Google Cloud AI provides a powerful suite of machine learning and AI tools developed to help healthcare businesses optimize operations, gain insights from data, and enhance patient care. It offers solutions for improved diagnostics, personalized treatment, workflow automation, and cost optimization, all built on a secure and compliant platform.
Google Med-PaLM 2
Google
Clinical Decision Support & Reference
Google Med-PaLM 2 is a large language model specifically built for healthcare, fine-tuned with medical data to assist with clinical decision support, summarization, and medical Q&A. It has achieved expert-level performance on medical licensing exams and is developing multimodal capabilities to interpret medical images and other data.
Google Cloud Translation API
Google
Developer Tools & APIs
Google Cloud Translation API provides AI-powered neural machine translation for text and documents, enabling healthcare organizations to communicate across language barriers.
Google Bard
Google
Clinical Decision Support & Reference
Google Bard, now known as Gemini, is a generative AI model that can assist healthcare professionals with tasks such as summarizing medical records and research papers, generating hypotheses, and providing information on medical conditions.

Portfolio companies in our directory

Other portfolio companies

Companies in Marigold Capital's portfolio not currently in our directory.

Team

Jonathan Hera
Founder & Managing Partner
LinkedIn
Narinder Dhami
Managing Partner
LinkedIn

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Last updated 2026-05-06. Sourced from this fund's published materials.
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