ApSTAT Technologies

We have been at the forefront of AI innovation since 2001

Entrepreneurial vision

Deep subject-matter
expertise

AI to fight against cancer
and improve health outcomes

About ApSTAT Technologies

Founded in 2001 by deep learning co-father Yoshua Bengio and three of his then graduate students, ApSTAT Technologies has specialized in developing commercial applications from fundamental advances in machine learning. Throughout the years, its works have covered a wide range of subjects, including insurance risk modeling, financial portfolio management, computational advertising, acoustic signal processing, biomedical data analysis, supply chain forecasting and planning.

ApSTAT Technologies

Since 2017, ApSTAT Technologies has ceased operational activities to become a holding company with positions in enterprises best positioned to leverage artificial intelligence technology in various economically-relevant verticals. It also directly invests in strategic opportunities.

Portfolio

Our investments include the following

Current Holdings

Abridge

Abridge structures and summarizes information from the most important signals in healthcare — spoken conversations. The company’s audio and ambient AI-centered solutions help clinicians practice at the top of their license and patients stay on top of their health. Whether an appointment takes place in-person or via telemedicine, Abridge captures and documents the conversation to meet the needs of providers, patients, and enterprises.

Abridge logo

Armilla

Govern, validate and monitor artificial intelligence, enabling stakeholders — such as data scientists, risk officers and business owners — to produce robust models easily and responsibly.

Armilla logo

Chapados-Couture Capital

Chapados Couture Capital, having been a Montreal-based quantitative portfolio manager from 2013 to 2025, is now a private holding company.

Chapados-Couture Capital logo

Gray Oncology Solutions

Gray provides software to automate oncology treatment center operations. For such a center, deciding when, where and how long to treat each cancer patient can be an arduous task that results in a waste of potential treatment bandwidth. GrayOS is a virtual model of your center, which continuously simulates the future to optimize the present, enabling streamlined operations and better patient outcomes.

Gray Oncology Solutions logo

Linearis Ventures

Linearis Ventures is a founder-led venture fund backing AI-powered life sciences companies from Seed to Series B. Beyond capital, it supports founders with scientific expertise and metabolomics infrastructure through Linearis Labs.

Linearis Ventures logo

Noetik

Noetik is an AI-native biotechnology company using multimodal tumor data and foundation models to discover and develop cancer therapies.

Noetik logo

PemPem

PemPem builds mobile-based, socially embedded business-to-business tools for the informal economy. Its mission is to support a transition out of the informal, cash-based economy into a digital, technology-based one that brings greater efficiency and profit to informal businesses, traceability to the supply chain, and sustainability to the sector.

PemPem logo

Sofistic.AI

Sofistic.AI is an AI-native wealth platform that unifies data across planning tools, CRM systems, and custodians to help advisors visualize total wealth, surface insights, and strengthen client relationships.

Sofistic.AI logo

Exited Investments

Element AI

Element AI built a platform to accelerate the digital transformation of enterprises through advanced artificial intelligence. The company was acquired by ServiceNow in 2021. The AI research group which was part of Element AI now continues its activities as ServiceNow Research.

Element AI logo

Planora

Planora was building a flexible employee scheduling platform relying on advanced techniques from operations research (optimization) and machine learning (time series forecasting). It was acquired in 2012 by RedPrairie, which shortly thereafter merged with JDA Software (now Blue Yonder). In 2021, Panasonic completed the acquisition of Blue Yonder.

Planora logo

Team

Éric-Paul Couture
  • Time Series Modeling
  • Econometrics
  • Portfolio Management
  • Financial Analysis
  • Natural Resource Economics
Nicolas Chapados

Nicolas Chapados

Director

  • Deep Learning
  • Time Series Forecasting
  • Optimal Decision Making
  • Portfolio Management
  • Healthcare AI
  • Enterprise AI

Contact

4848A Park Avenue
Montréal, Québec H2V 4E6
Canada