Investment Team

Etienne Gauthier

Vice-President · Montreal

Venture

Etienne joined Inovia Capital in September 2022 as an Investment Associate and was recently promoted to Vice President. Prior to joining Inovia, he worked at CDPQ in Growth Equity, where he focused on later-stage B2B SaaS investment opportunities ranging from Series C to pre-IPO. He began his career in management consulting, advising executive teams at large enterprises on strategic planning and conducting commercial due diligence for private equity investors. At Inovia, Etienne has co-led the development of the Firm's most recent cybersecurity thesis and has supported several investments, including Flare, gaiia, Cavelo, Vasco, and Axle. He currently serves as a board observer for Cavelo.

Investments

Articles by Etienne Gauthier

October 8, 2025

Cybersecurity and Agentic AI – A Race to Contain this Emerging Exposure

The adoption of new technologies and platform shifts has always introduced new vulnerabilities and attack vectors for malicious actors to exploit; this has been a consistent pattern throughout the history…

September 10, 2025

Decoding Agentic Systems and Tooling: What MCP Enables (and Doesn’t)

In the last 12 to 18 months, interest in agentic workflows has surged. What began as chat interactions has grown into systems that navigate software, integrate actions, query data, and write code. The…

March 10, 2025

40,000 and Growing: Why Managed Service Providers (MSPs) Are Critical for Modern Business Security

MSPs have long been the IT backbone for businesses, but they’re rapidly becoming essential players in cybersecurity as well. With cyber threats escalating and compliance tightening, security isn’t just a…

January 14, 2025

Investing in Vasco: Cracking the Code of a Successful Revenue Engine

Our relationship with Guillaume Jacquet goes back a long time, years before his journey as an entrepreneur. As part of the team at Teralys Capital, Guillaume was a valued partner and LP of Inovia. Over…

June 27, 2024

Investing in gaiia, Simplifying the Day-to-Day Operations of Internet Service Providers

Inovia investment Partner Magaly Charbonneau first met Marc-Andre while he was building Oxio, which became the fastest-growing Internet Service Provider (ISP) in Canada1 and was acquired by Cogeco at the…

April 19, 2024

Beyond Buzzwords: Exploring Cybersecurity Trends Pre-RSA 2024

Like any other industry, cybersecurity evolves in response to market trends and drivers that steer innovation and technology development. As alluded to in Inovia’s 2023 State of Canadian Software Report,…