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Andrew Heintzman
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Andrew Heintzman

Managing Partner

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At a glance

Full Name
Andrew Heintzman
Title
Managing Partner
Firm
InvestEco Capital Corp.
Firm Type
Venture capital firm
Investment Stage
Expansion-stage private companies
Target Company Profile
North American companies promoting health and sustainability in the food and agricultural sector, typically with $5-30 million in revenue at initial investment
Sector Focus
Sustainable food, agriculture, health-oriented and environmentally focused consumer food brands, plant-based foods, sustainable ingredients, functional foods and beverages
Geographic Focus
North America, with Canadian and U.S. companies specifically cited by InvestEco
Location
Toronto, Ontario, Canada

Background

Andrew Heintzman is a Managing Partner and co-founder of InvestEco Capital, a Toronto-based venture capital firm founded in 2002. InvestEco manages private funds focused on expansion-stage companies that promote health and sustainability in the food and agricultural sector.

At InvestEco, Heintzman sits on corporate boards including Little Sesame, Gusta Foods and Mara Renewables. The firm describes itself as an active partner to portfolio companies, often taking director roles and helping management and boards set strategic direction.

Heintzman is also a director of Generate Canada and an advisor to EntrepreNorth. He is the author of *The New Entrepreneurs: Building a Green Economy for the Future*, published by House of Anansi Press, and holds a BA and MA from McGill University.

Investment Thesis & Focus

  • InvestEco's stated focus is "investing in expansion-stage companies in North America that promote health and sustainability in the food and agricultural sector."
  • The firm typically targets companies with $5-30 million in revenue at initial investment and aims to hold positions for about seven years.
  • InvestEco says its goal is to generate strong financial returns while supporting companies "contributing to a healthier world."
  • The firm emphasizes active partnership: deep sector experience, a broad network and board-level involvement with portfolio companies.
  • Relevant categories include sustainable food brands, plant-based and clean-label foods, organic and natural products, sustainable ingredients, functional nutrition and better-for-you consumer packaged goods.

Notable Investments

  • Mara Renewables - Dartmouth, Nova Scotia company producing sustainable algae-based nutritional and nutraceutical ingredients; InvestEco led a $39.5 million raise announced in May 2022, and Heintzman is quoted as Managing Partner of InvestEco.
  • Greenhouse - Toronto-area organic, plant-based, clean-label beverage company; InvestEco led a $10 million investment in August 2022.
  • Chickapea - Organic, high-protein pasta brand founded in Canada; InvestEco has supported the company since 2019 and participated in its September 2025 $4.25 million CAD funding round.
  • Little Sesame - Washington, D.C.-based organic hummus brand; InvestEco lists it as a current food investment, and Heintzman sits on its board.
  • Gusta Foods - Montreal-based maker of vegan sausages, seitan roasts, cheeses and pates; Heintzman sits on its board.
  • The Jackfruit Company / jack & annie's - Boulder, Colorado jackfruit-based meat alternative company; InvestEco was one of the returning investors leading a $5 million Series B extension in October 2024.
  • LesserEvil - Organic and plant-based snack company; InvestEco lists it as a portfolio company, and Hershey completed its acquisition of LesserEvil in November 2025.
  • Vital Farms - U.S. pasture-raised egg brand; InvestEco lists it among past food investments and cited it as one of the leading brands backed by earlier sustainable food funds.
  • Maple Hill Creamery - U.S. grass-fed organic yogurt and dairy brand; InvestEco lists it as a current food investment.
  • Kuli Kuli - Oakland-based moringa brand; InvestEco lists it as a current food investment.

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