Devolutions launches corporate venture arm for IT and MSP startups
What's the deal? DevolutionsDealroom has a profile for this one. Try Dealroom →, a Montreal-based secure access and IT management company, has launched Devolutions Ventures, a corporate venture division backing companies across the IT and managed service provider (MSP) ecosystem. Its focus spans secure access, network performance, and automation. The fund's size is undisclosed.
What's the endgame? The division builds on seven investments, acquisitions, and sponsorships Devolutions has made since 2025, including MizoDealroom has a profile for this one. Try Dealroom →, ObkioDealroom has a profile for this one. Try Dealroom →, UniGetUIDealroom has a profile for this one. Try Dealroom →, Avalonia UIDealroom has a profile for this one. Try Dealroom →, PowerShell UniversalDealroom has a profile for this one. Try Dealroom →, and ControlR. These span AI automation, network monitoring, open source, and IT automation. Individual investments have ranged from $500,000 to $3 million per company.
How it works: Rather than consolidating, Devolutions wants to build a connected ecosystem of complementary technologies for IT teams and MSPs. Companies it backs keep operating independently, retaining their leadership and product roadmaps.
What founders get: Portfolio companies can tap Devolutions' community of more than one million IT professionals across 140 countries, plus its experience in go-to-market, security, and community building.
"We're approaching Devolutions Ventures as advisors, not simply investors," said chief executive officer David Hervieux. "We want to back strong teams for the long term, give them room to keep building and use what we've learned to help them grow."
Why now? Devolutions has spent more than 15 years building for IT teams. Over the next 12 to 18 months, it plans to expand its network of investments and partnerships across AI, network technologies, developer tools, and open source software.
The signal: Corporate venture arms let established software firms extend their reach without heavy acquisitions. By positioning itself as an operator-investor, Devolutions is betting that domain expertise and community access matter as much as capital in a crowded IT tools market.
Image credit: Devolutions
