Peter Carrescia

      Venture Partner

      Combining over 25 years as both a technology executive and a venture capitalist, Peter has funded and helped scale many high growth companies both as a VC and an operator.

      Currently, Peter is the co-founder and head of strategy and business development at Qui Identity, a company focused on delivering decentralized identity solutions to individuals and businesses. Previously, he led strategy, business development and corporate development at Wave Financial, a high growth financial technology company acquired by H&R Block in 2019 for $537 million. Peter’s involvement with Wave began in 2011 when he led the first venture round as Managing Director while at OMERS Ventures.

      Prior to Wave, Peter was the president of NEXT Canada, a national accelerator focused on fast-tracking the development of Canada’s most talented young innovators and founders.

      Peter’s deep knowledge of venture capital came through senior roles at large Canadian venture firms. At OMERS Ventures he was the founding Managing Director and the first member of the investment team. He was instrumental in the development of the initial investment sectors, thesis, strategy and processes. He also led and was instrumental in the recruiting of the initial investment team. Prior to OMERS Ventures, he was a General Partner at VenGrowth Capital Partners where he led investment activity in high growth technology companies.

      Early in Peter’s career he held progressively senior roles at both IBM Software and Microsoft.

      Peter holds a Joint Honours Bachelor of Mathematics (B.Math.) in Computer Science and Business Administration from the University of Waterloo and a Master of Business Administration (MBA) from the Schulich School of Business at York University.

      Peter Carrescia

      Peter Carrescia

      Venture Partner

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