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LOI Venture

loi.vc Direct investor

LOI Venture is a seed-stage venture fund co-founded by Ryan Holmes and Manny Padda. It backs founders under 30, primarily graduates of the League of Innovators program, with pre-seed and seed-stage cheques.

LOI Venture is a venture capital firm headquartered in Vancouver, Canada, founded in 2021. It invests directly in companies, from pre-seed to seed. Its stated cheque size is $100K Check. $20M fund I under management, as it reports.

“LOI Venture is a seed-stage venture fund co-founded by Ryan Holmes and Manny Padda focused on backing founders under 30 attending the LOI Program .”

— LOI Venture, own website
Layer
Direct investor
Type
Venture capital
Stage
Pre-seed – Seed
Headquarters
Vancouver, Canada
Invests in
Canada, North America
Cheque size
$100K Check
Founded
2021
Assets under management
$20M fund I

Team, as LOI Venture publishes it

  • Ryan Holmes Co-Founder & General Partner
  • Manny Padda Co-Founder & Managing Director
  • Elaina Tosoff Operations Manager
  • Arjun Panju Investment Analyst
  • Joel Hansen Head of Marketing

Names and roles exactly as listed on loi.vc. Nothing else about these people is recorded.

Where this comes from

Every fact above was read from a page LOI Venture publishes itself. Nothing is taken from third-party databases. Investment activity (deals, co-investors) is not yet recorded.

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Record 8456 · added 2026-09-29 · link last verified 2026-09-29 · confidence high

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