In The Channel

Top Down Ventures closes oversubscribed C$38M Founders Fund I, with a 5.3x agentic AI exit already in the books

Top Down Ventures has closed Founders Fund I at C$38 million, oversubscribed, as the first institutional VC fund focused exclusively on early-stage MSP software and AI. Managing partner Joel Abramson joined In The Channel on announcement day to unpack the thesis, the zofiQ exit, and the market shift that has the fund bullish on the decade ahead.

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Matt Urmston, director of product management at Storagecraft
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Autotask CEO Mark Cattini
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Marco LaVecchia, vice president of channel sales for North America at AVG Technologies
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Mike Foreman, general manager, SMB, AVG Technologies
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