Stephen Nairne cofounded Raven Indigenous Capital Partners as a non-Indigenous partner within an Indigenous-led model, framing entrepreneurship as a path to Indigenous self-determination and pointing out that well over half of Raven-backed founders are women, a level he says he hasn't seen elsewhere in venture capital. He has described one of the most meaningful moments since starting Raven as hearing Chief Robert Joseph say he'd never met an Indigenous CEO before sitting in a room with ten of them, a story that reflects how closely Nairne ties his work to founder development rather than just funding deals.
About their Fund
Sectors
Under-represented founders, SaaS, Climate, Health, Food & Ag
Rounds
Seed - Series B+
Avg Check Size
$250K–$3M
Notable Investments
Raven Indigenous Capital Partners is a venture fund built around reconciliation investing, aiming to preserve majority Indigenous ownership on the cap table by typically taking 10–20 percent stakes, and using patient, equity-like capital to fill a gap in financing for Indigenous enterprises. It measures success through a quadruple bottom line that adds reconciliation to fiscal, environmental, and social returns, and it is described as the first venture capital fund in Canada focused exclusively on Indigenous-led startups.
Notable Fund
Investments
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Sheets they're in
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Sheets they're Fund is in
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Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
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