Loading people...
Candice Faktor is a Venture Partner at Lobby Capital and a Board Member at the enterprise artificial intelligence platform Coveo, based in Toronto, Canada. She previously served as General Manager at Wattpad, where she directed monetization strategies and helped scale the consumer storytelling platform to 80 million users prior to its $660 million acquisition in January 2021. Following her tenure at Wattpad, Faktor co-founded Disco, an educational technology platform for the creator economy that successfully raised a $15 million Series A funding round in 2022. Additionally, she established the early-stage micro-fund Faktory Ventures and created Gamechanger.co, a live learning community comprising over 3,000 innovators, after earning her Bachelor of Commerce degree from McGill University. Her current professional focus centers on providing capital and strategic operational guidance to early-stage consumer technology, B2B SaaS, and artificial intelligence startups.
Candice Faktor is a distinguished Venture Partner at Lobby Capital, bringing a wealth of entrepreneurial and operational experience to the firm's early-stage investment strategy. At Lobby Capital, she plays a crucial role in identifying, evaluating, and nurturing the next generation of innovative technology companies. Her investment focus areas align with Lobby Capital's mandate, spanning B2B SaaS, consumer technology, fintech, and the evolving landscape of the future of work. She is particularly drawn to founders with bold visions and disruptive solutions, offering strategic guidance beyond just capital.
Faktor's career background is marked by significant achievements in the tech and media sectors. She is widely recognized as the co-founder of Wattpad, a global storytelling platform that revolutionized how creators and readers connect. Under her leadership, Wattpad grew into a massive community, attracting hundreds of millions of users worldwide before its successful acquisition by Naver. This experience provided her with invaluable insights into scaling consumer platforms, building engaged communities, and navigating the complexities of global expansion.
Prior to Wattpad, Candice also co-founded Factor[e] Ventures, demonstrating her early commitment to fostering innovation and supporting new ventures. Her journey as a founder gives her a unique perspective, allowing her to deeply empathize with the challenges and opportunities faced by entrepreneurs. This firsthand experience is a significant asset to Lobby Capital's portfolio companies, as she provides practical advice on product development, market strategy, team building, and fundraising.
Candice Faktor's involvement at Lobby Capital reinforces the firm's commitment to partnering with experienced operators who can add substantial value to their investments. Her ability to identify market trends, coupled with her proven track record in building successful companies, makes her a pivotal figure in the venture capital ecosystem. Founders seeking not just capital but also strategic mentorship and operational expertise find a valuable ally in Candice Faktor. Her contributions help shape the future of technology by backing the most promising startups.
Candice Faktor is a Venture Partner at Lobby Capital, an early-stage venture fund. She is also known as the co-founder of Wattpad, a global storytelling platform, bringing extensive operational and entrepreneurial experience to her investment role.
Candice Faktor invests in early-stage technology companies across various sectors, including B2B SaaS, consumer technology, fintech, and companies shaping the future of work. She focuses on disruptive solutions and strong founding teams.
Candice Faktor works as a Venture Partner at Lobby Capital, an early-stage venture capital firm.
