L-Spark Scaling New Heights
April 10, 2025
L-SPARK — Enterprise SaaS and Corporate Accelerator
l-spark.com
The beginning of Q1 marked the halfway point for L-SPARK’s 11th SaaS Accelerator cohort. With momentum building, the seven participating companies are charging ahead and hitting key milestones.
10-Year Impact Report
In February, L-SPARK launched its 10-Year Impact Report, highlighting a decade of startup growth, ecosystem building, and national impact. Take a look back—and forward—at l-spark.com/impact.
Toronto Investor Day
Also in February, L-SPARK hosted its annual Toronto Investor Day, featuring 12 standout companies from across its programs. The event connected founders with investors and sparked new opportunities. Congrats to all the presenters.
Alumni Highlights
- Soralink, an AI + smart sensor predictive maintenance solution, was selected for the prestigious Morgan Stanley Inclusive Ventures Lab program and pitched in NYC on February 4. L-SPARK’s Executive Managing Director, Leo Lax, was on hand to show support. Read more here.
- Pretekt, an L-SPARK Alumni and a key player in the AI powered predictive vehicle maintenance space, was acquired by Diesel Laptops. Read more here.
L-SPARK at TechTuesday
As part of International Women’s Week, L-SPARK proudly sponsored the $10K prize at TechTuesday. Big congratulations to Sonaro for taking home the win! We’re excited to see how they’ll shape the future of their industry.
L-SPARK Showcase: The Velocity Effect
This event marked the grand finale of our current cohort’s time in the program—an opportunity to take the stage, share their stories, and signal their growth trajectory to the broader community. Congrats to all the founders!
Applications Now Open!
As this cohort wraps, applications are officially open for the next L-SPARK SaaS Accelerator. If you’re a B2B software founder looking to scale, we want to hear from you. Get in touch with John Kambites, Business Development Manager, at: john@l-spark.com