vcvibes

N49p

N49P Fund IV, L.P.

RaisingEmerging manager

Raising: Form D filed Dec 2025 reports amount sold below target

Vintage
2025
Fund size
$13.19M to $75M (Form D)
Stages
Pre-seed, Seed
Sectors
Not stated
Regions
Not stated

01 · Thesis

N49P Fund IV is a fourth fund focused on early-stage Canadian tech startups. It invests at the pre-seed and seed stages.

02 · Initial check

$500K to $750K (stated by the firm)

Stated by the firm (firm-level)

03 · Who to approach

Named on this fund's Form D

  • Douglas Penick, Manager of the General Partner of the Issuer

04 · Deals

No deals attributed to this fund yet.

05 · Evidence

  • N49P announced a fourth fund for early-stage Canadian tech startups. It invests at the pre-seed and seed stages.

    Announcing Fund IV
    https://n49p.com/blog
  • Firm-wideChecks of $500000 to $750000

    We typically invest $500K-$750K USD in early-stage, high-potential Canadian tech startups.
    https://n49p.com/founders

06 · Sources

  1. https://n49p.com/blog
  2. https://n49p.com/founders
  3. https://www.sec.gov/Archives/edgar/data/2077982/000207798225000001/

Last verified: Oct 25, 2026