FleetOps, Lumen5, and Invivo.AI take home $200,000 from Fundica Roadshow finale

The Fundica Roadshow has announced the three winners of its grand finale, where 10 startups pitched to take home a $500,000 equity investment award powered by Panache Ventures.

The winners include Chris Atkinson of FleetOps, which has developed a fleet tracking intelligence platform that gives businesses the ability to take orders on route, track hours of service, and view GPS and speed events for drivers; Michael Cheng of Lumen5, which has developed an AI-powered video creation platform that turns blog posts into engaging videos; and Daniel Cohen and Therence Bois of Invivo.AI, which is using AI to streamline the development of new drugs.

Fundica said each company took home $200,000 provided by Panache Ventures and BCF Ventures. Last week, Invivo.AI also took home the Best of the Fest $100,000 Pitch Prize at Startupfest.

“Between FounderFuel Demo Day, the Fundica Roadshow Finale, and Startupfest, last week was pretty incredible for Invivo.AI,” Daniel Cohen, CEO and co-founder of Invivo.AI, told BetaKit after their Startupfest win.

Since April, Fundica has hosted pitch events in Toronto, Montreal, and Vancouver. On July 12, the top pitchers from each city pitched at the grand finale to be considered for an investment from Panache Ventures. In the past, the Fundica Roadshow hs offered a $1 million investment prize and hosted pitching events at 10 cities across Canada.

Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer at BetaKit. As a fourth-year journalism student who has written primarily about entrepreneurship, Amira has developed a growing interest in Canadian startup, business, and tech news. In her free time, Amira enjoys reading, baking and watching legal shows.