Chris Arsenault is a senior executive with more than 20 years of general management experience in high-technology industries, with extensive experience in business development, strategic planning, sales, marketing, and communications. Chris is the cofounder and managing partner of iNovia Capital, a venture capital firm launched in 2007 with now over a half a billion under management.
Chris currently serves as a director on the boards of AppDirect, Lightspeed POS, onmobile (ONMB:Natl India), Poka, SnapTravel, Well.ca, and until recently Luxury Retreats (acquired by Airbnb in 2017). Chris is an active board member of Réseau Capital and a proud charter member of Silicon Valley-based C100.
Before launching iNovia Capital in 2007, he joined MSBi Capital in 2002 and, prior to that, founded, cofounded, or funded a number of software, mobile, and consumer internet technology startup companies, including two spinoffs of telecom giants Microcell and Teleglobe.
Chris’s entrepreneurial and investment experience includes several notable exits that generated large shareholder returns, such as Luxury Retreats, Localmind, Airborne Entertainment, Copernic Technologies, Wanted Technologies, and SIT Inc. His work in the mid-1990s as founder and CEO of SIT provided him with the opportunity to play an important part in the initial growth of the internet. As one of Netscape’s first external partners and integrators, SIT’s security products and dialup technology eventually grew to become an integral part of Netscape’s deployment. SIT, after the winding up of its Ste-Foy offices, was sold to Ubizen of Belgium in 1999 for €42 million. Chris is also proud to have been instrumental in the creation of the ENABLIS Entrepreneurial Network, a G8-sponsored venture capital seed fund.