Frequently Asked Questions
What is L-SPARK?
L-SPARK is Canada’s leading B2B SaaS and corporate accelerator that helps high-growth startups and scale-ups connect with enterprise partners, attract investment, and scale globally.
When was L-SPARK founded?
L-SPARK was founded in 2014 and has been active in accelerating Canadian and global technology companies ever since.
Who founded L-SPARK?
L-SPARK was co-founded by Leo Lax and Pat White. Their journey began with a shared vision of wanting to build something that would fuel and nurture the Canadian startup ecosystem.
How many companies has L-SPARK supported?
To date, L-SPARK has supported over 130 companies through its flagship accelerator and corporate partnership programs.
What is L-SPARK’s mission?
L-SPARK’s mission is to empower organizations and founders with the mentorship, tools, networks and partnerships needed to accelerate innovation, grow revenue, and succeed on the global stage.
What kinds of programs does L-SPARK offer?
Across its history, L-SPARK has run dozens of program cohorts including 14 SaaS accelerator cohorts and 9 corporate partner programs.
What support do participating companies receive?
Companies participating in L-SPARK programs receive:
- One-on-one mentorship from industry experts
- Business and fundraising strategies
- Network access to investors and enterprise partners
- Operational guidance to accelerate revenue growth and scale their business.
Has L-SPARK helped companies raise funding?
Yes. L-SPARK portfolio companies have collectively raised over $200M+ in follow-on funding, demonstrating measurable impact and investor confidence.
Are there any success metrics or exits?
Yes. Beyond funding, L-SPARK has recorded portfolio exits, and boasts a network of founders, mentors, alumni and corporate partners that contribute to broader ecosystem growth.
How can companies apply to L-SPARK?
Please contact our team to learn about current programs and how to apply.
Where is L-SPARK based?
L-SPARK is headquartered in Ottawa, Ontario, Canada, and works with companies worldwide.
Stay in the know
Sign up for news and events. We believe in quality over quantity and promise to never overload your inbox.