Nilesh Bansal
About Nilesh Bansal
Nilesh Bansal is co-founder and CTO of Workorb AI in Toronto. Workorb is a startup that uses AI to manage project data for architecture, engineering and construction firms. He co-founded it with Nick Koudas, who was also his co-founder at Sysomos and Aislelabs.
Before Workorb he co-founded Sysomos in 2007. It became a social media analytics platform that served 70% of the Fortune 50, according to his bio, and was acquired in 2010. He then co-founded Aislelabs, a Wi-Fi analytics and marketing company, and led its product development and engineering as CTO. Wikipedia lists Aislelabs as founded in 2013 and now owned by Constellation Software.
He holds a PhD in Computer Science from the University of Toronto and a B.Tech. in Computer Science and Engineering from IIT Bombay. His bio says he has experience building scalable software systems, data management platforms and big data analytics products.
One directory says he has been an angel investor and advisor in the Toronto startup ecosystem since 2011. His bio names Extreme Startups, MaRS Jolt, Bionym and Granify as startups and incubators he has advised or backed. Crunchbase counts 2 investments, 2 portfolio companies, 0 lead investments and 2 exits.
CB Insights records one dated deal: the $1.5M seed round in Granify on November 6, 2013, in which he took part alongside several institutional and individual investors. It also lists a Granify exit on December 5, 2023. Angelbacked lists 7 companies, but gives no dates, check sizes or stages. Counts differ between databases, and none of them show his own cheque sizes.
He has not published a thesis, preferred stage or check size that we could find. The public record points to early-stage technology companies in Toronto. Angelbacked tags his activity with wearables, e-commerce, analytics, IoT, SaaS, big data and machine learning. His operating background is in data platforms, analytics and applied AI.
Founders should treat these tags as inferred from past deals, not as a stated mandate.
- Granify: e-commerce conversion startup. He joined its $1.5M seed round in November 2013, and CB Insights lists an exit in December 2023.
- Bionym (now Nymi): wearable authentication company. His bio lists it among startups he advised and backed, with no date given.
- Extreme Startups: Toronto-area startup accelerator he advised or backed, with no date given.
- MaRS Jolt: MaRS startup program he advised or backed, with no date given.
- Other names on third-party lists, without dates: Visibli, cab2share, HIGHLINE, Round 13 Founders Fund and Sling Digital.
Investing activity
Nilesh Bansal has made 2 investments according to Crunchbase across 2 portfolio companies, and has seen 2 exits and founded 3 companies.
Deals
Frequently asked questions about Nilesh Bansal
Does Nilesh Bansal invest in AI startups?
No AI-specific angel investments are publicly documented. He is building Workorb AI himself and has a long background in analytics and machine learning. Publicly listed investments are mostly earlier, non-AI companies.
What check size does Nilesh Bansal write?
He has not disclosed one. The only public amount is the $1.5M total Granify seed round from 2013, which he joined alongside many other investors. It does not show his own cheque.
What stage does Nilesh Bansal invest in?
He has not stated a stage. The one dated deal found was a seed round, and Crunchbase records no lead investments.
Is Nilesh Bansal based in Toronto?
Yes. Crunchbase, LinkedIn and X all place him in Toronto, Ontario, and his known investments and advisory roles are in the Toronto startup ecosystem.
What companies has Nilesh Bansal founded?
He co-founded Sysomos in 2007, Aislelabs and Workorb AI, and Crunchbase counts 3 companies founded. He lists Sysomos and Aislelabs as exited.
How should founders approach Nilesh Bansal?
No public pitch process was found. Founders in data infrastructure, analytics or applied AI, especially in Toronto, can start with a warm introduction or a message on LinkedIn or X.
Is Nilesh Bansal an angel investor?
Yes. Nilesh Bansal invests personally as an angel and is Co-founder and CTO at Workorb AI. Crunchbase counts 2 investments and 2 exits.
Where is Nilesh Bansal based?
Nilesh Bansal is based in Toronto, Ontario, Canada.
How can founders reach Nilesh Bansal?
Founders on Lounge can see Nilesh Bansal's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with them under Warm Paths, and add Nilesh Bansal to their Investor Pipeline to track the conversation.