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Ajay Agrawal

Co-Founder and Partner of Intrepid Growth Partners; Rotman School of Management (University of Toronto) professor and founder of the Creative Destruction Lab; co-author of Prediction Machines and Power and Prediction.

Canadian academic, entrepreneur, and investor. Professor of Strategic Management at the University of Toronto's Rotman School of Management since 2003, holding the Geoffrey Taber Chair in Entrepreneurship and Innovation. Founded the Creative Destruction Lab (CDL) in 2012, a seed-stage program for science-based startups now spanning a global network of university sites whose alumni companies have generated more than thirty billion dollars in aggregate equity value; also co-founded NEXT Canada (formerly The Next 36) in 2010. Co-authored two bestselling books on the economics of AI with Joshua Gans and Avi Goldfarb - Prediction Machines (2018) and Power and Prediction (2022). Co-founder and Board Director of humanoid-robotics company Sanctuary AI, and previously a co-founder of AI company Kindred. Appointed to the Order of Canada in 2022. In January 2024 co-founded Intrepid Growth Partners with Mark Machin and Mark Shulgan, a Toronto/London growth-equity firm backing AI application-layer companies with at least ten million dollars in annual revenue.

Overview

Role
Co-Founder & Partner
Based in
Toronto, Canada
Prior experience
University of Toronto (Rotman School of Management); Creative Destruction Lab; NEXT Canada; Kindred; Sanctuary AI

Companies0

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Affiliated funds1

Frequently asked

Who is Ajay Agrawal?
Canadian academic, entrepreneur, and investor. Professor of Strategic Management at the University of Toronto's Rotman School of Management since 2003, holding the Geoffrey Taber Chair in Entrepreneurship and Innovation. Founded the Creative Destruction Lab (CDL) in 2012, a seed-stage program for science-based startups now spanning a global network of university sites whose alumni companies have generated more than thirty billion dollars in aggregate equity value; also co-founded NEXT Canada (formerly The Next 36) in 2010. Co-authored two bestselling books on the economics of AI with Joshua Gans and Avi Goldfarb - Prediction Machines (2018) and Power and Prediction (2022). Co-founder and Board Director of humanoid-robotics company Sanctuary AI, and previously a co-founder of AI company Kindred. Appointed to the Order of Canada in 2022. In January 2024 co-founded Intrepid Growth Partners with Mark Machin and Mark Shulgan, a Toronto/London growth-equity firm backing AI application-layer companies with at least ten million dollars in annual revenue.
What is Ajay Agrawal's role?
Ajay Agrawal is Co-Founder & Partner, based in Toronto, Canada.
Where did Ajay Agrawal work before?
Ajay Agrawal's prior roles include University of Toronto (Rotman School of Management); Creative Destruction Lab; NEXT Canada; Kindred; Sanctuary AI.

Tags

Sources & citations4

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  1. 1

    Co-Founder and Partner at Intrepid Growth Partners; holds the Geoffrey Taber Chair in Entrepreneurship and Innovation as Professor of Strategic Management at the University of Toronto's Rotman School of Management; founder of the Creative Destruction Lab; co-author of Prediction Machines and Power and Prediction; appointed to the Order of Canada in 2022

    Intrepid Growth Partners: Ajay Agrawal — Team
    Verified2026-08-11
  2. 2

    Professor of Strategic Management at the University of Toronto's Rotman School of Management, holding the Geoffrey Taber Chair in Entrepreneurship and Innovation since joining as an assistant professor in 2003; founded the Creative Destruction Lab in 2012; co-authored Prediction Machines (2018) and Power and Prediction (2022) with Joshua Gans and Avi Goldfarb

    Wikipedia: Ajay Agrawal
    Reported2026-08-11
  3. 3

    Co-founded Intrepid Growth Partners in January 2024 alongside Mark Machin and Mark Shulgan, targeting a five-hundred-million-dollar fund for AI application-layer companies with at least ten million dollars in annual revenue

    The Globe and Mail: Ex-CPPIB CEO Mark Machin teams with former pension executive to launch AI growth fund
    Verified2024-01-24
  4. 4

    Co-founder and Board Director of Sanctuary AI, a Vancouver-based robotics company; co-author of bestselling books on AI economics; recipient of the Order of Canada (2022)

    Wikipedia: Ajay Agrawal
    Reported2026-08-11