Hugues Lalancette started as an Analyst at Inovia Capital in 2015. He is now a Principal on the investment team and leads the CFO practice. Over his past 5 years at Inovia, Hugues has been actively involved in the sourcing, winning or building of 16 transactions across Inovia funds representing $725M in aggregate capital raised and generating four exits so far (Lightspeed, Drivewize, Rubikloud, Community Sift). Specifically related to Inovia Growth Fund I, Hugues was an active contributor to Lightspeed, AlayaCare, Sonder, Workjam and Hopper. In addition to his investment role, Hugues has built the Inovia CFO practice, providing CFOs with industry best practices on how to build teams, processes and systems that can support high growth. Hugues also coaches founders on fundraising strategy and operational effectiveness. He has developed Inovia’s LP co-investment program from the ground up — this program has supported $575M in LP co-investment to date.
Prior to Inovia, Hugues collaborated with startups in CFO and advisor roles after having worked at BMO — where he participated in several billion-dollar capital market transactions with high-profile public companies. Hugues graduated with an MSc. in Accounting & Finance from The London School of Economics in 2012 and with a BBA in Economics & Finance from HEC Montreal in 2011.
Something that keeps me up at night, in a good way is the ghost of Marc Andreessen as seen through Spatial.
Venture-backed businesses thrive because they find purpose in what they do.
I stay intellectually honest because of Nemesis, the goddess of retribution and downfall.