Ecosystem map · Toronto

Toronto startup ecosystem map

362 startups based in Toronto that have raised money in rounds we track, grouped by their main sector. Together they have raised $20B; AI is the biggest sector, with 82 companies.

362startups on the map
12sectors
$20Braised between them
AImost funded sector

AI

82

+58 more

Fintech

45

+21 more

IT Services

45

+21 more

Biotech

34

+10 more

Healthtech

33

+9 more

Big Data & Analytics

20

Oil & Gas

19

Advertising & Adtech

19

Web3 & Crypto

18

Software

17

Edtech

16

E-commerce

14

Segment by segment

AI

82 startups · $14B raised

  1. CohereCohere is a Canadian multinational artificial intelligence company founded in 2019, specializing in foundational large language moCanada$5.6B
  2. Hut 8 Corp.Hut 8 Corp.Canada$4.3B
  3. WaabiWaabi is an artificial intelligence company based in Toronto, Canada, specializing in autonomous self-driving technology for long-Canada$1.0B
  4. Beacon SoftwareBeacon acquires and grows essential businesses.Canada$475M
  5. Converge Technology SolutionsConverge Technology Solutions is an IT company that offers cybersecurity, AI, advanced analytics, and digital infrastructure services.Canada$469M
  6. Blue JBlue J is a Toronto-based enterprise software company founded in 2015, specializing in generative AI-powered tax research.Canada$298M
  7. Deep GenomicsDeep Genomics is using artificial intelligence to build a new universe of life-saving genetic therapies.Canada$197M
  8. TaalasTaalas is creating a platform for quickly turning any AI model into custom silicon.Canada$169M

Fintech

45 startups · $3.0B raised

  1. WealthsimpleWealthsimple for Advisors focuses on providing simple and insightful, technology-enabled solutions to advisors and financial planners.Canada$1.2B
  2. FlexitiFlexiti is a Canadian fintech company.Canada$414M
  3. Brim FinancialBrim Financial is a provider of a credit card infrastructure and digital platform used in users' payment experience.Canada$363M
  4. ClearcoClearco is an online financial platform that provides growth capital to e-commerce and B2B companies.Canada$200M
  5. Float FinancialFloat offers a corporate card and spend management solution that allows corporate cards, reimbursements, approvals, and invoices management.Canada$183M
  6. CoinsquareCoinsquare is Canada’s trusted platform to buy, sell, & trade Bitcoin, Ethereum, & more, access real-time crypto trading on CanadCanada$95M
  7. FreshBooksFreshBooks is a software company that provides cloud-based accounting software for small and medium-sized businesses.Canada$73M
  8. LendifiedLendified is a leading online lender based in Toronto, Canada, specializing in providing fast and affordable capital to small businesses.Canada$71M

IT Services

45 startups · $372M raised

  1. SecureKey TechnologiesSecureKey is the identity and authentication service provider that gives consumers secure and convenient access to critical online services.Canada$76M
  2. Blueprint Software SystemsBlueprint Software Systems is a Toronto-based private enterprise software company founded in 2004.Canada$53M
  3. InfluitiveInfluitive is a Toronto-based B2B SaaS company founded in 2010, specializing in customer advocacy solutions.Canada$52M
  4. Rose RocketRose Rocket is a private enterprise software company based in Toronto, Ontario, specializing in cloud-native and AI-powered TranspCanada$38M
  5. Talent Innovation CanadaTICAN helps Canada's most ambitious companies develop new innovations by integrating top-tier graduate talent.Canada$21M
  6. Playmaker CapitalPlaymaker is a digital sports media company creating content experiences via its sports media brand portfolio.Canada$15M
  7. OpsLevelOpsLevel is an AI-powered internal developer portal based in Toronto, Canada, founded in 2018 by John Laban and Kenneth Rose.Canada$15M
  8. Daisy IntelligenceDaisy Intelligence is a Canadian artificial intelligence company based in Toronto, specializing in AI-powered software-as-a-servicCanada$15M

Biotech

34 startups · $698M raised

  1. BenchSciBenchSci is a Toronto-based software company that specializes in AI-driven solutions for life sciences and drug discovery.Canada$98M
  2. PointClickCarePointClickCare develops web-based products and services to help long-term care providers manage the complete lifecycle of resident care.Canada$85M
  3. LeagueLeague is a platform technology company powering next-generation healthcare consumer experiences.Canada$76M
  4. Reunion NeuroscienceReunion Neuroscience is a clinical-stage pharmaceutical company developing therapeutic solutions for underserved mental health conditions.Canada$69M
  5. XXagenicXagenic is a molecular diagnostics company developing on-demand molecular testing, facilitating faster treatment decisions for patients.Canada$67M
  6. Helus PharmaHelus Pharma is a biopharmaceutical company that develops psychedelic therapeutics for mental health conditions.Canada$50M
  7. Next Edge CapitalNext Edge Capital is a biotechnology impact investing company that provides asset management services.Canada$50M
  8. Specific BiologicsSpecific Biologics develops novel gene editing technologies to treat diseases at the genetic level in cells inside the body.Canada$36M

Healthtech

33 startups · $430M raised

  1. Dental CorpTargetScore surfaces company intelligence and contact data for sales development processes.Canada$171M
  2. The Princess Margaret Cancer FoundationThe Princess Margaret Cancer Foundation assists communities in raising funds to advance cancer research and set new standards of care.Canada$50M
  3. Center of Aging and Brain Health InnovationCenter of Aging and Brain Health Innovation is a service center that supports aging and brain health sector.Canada$39M
  4. MolecuLightMolecuLight is a Canadian medical imaging company founded in 2012, based in Toronto, with a presence in the US.Canada$32M
  5. Perimeter Medical ImagingPerimeter Medical Imaging is a medical technology company.Canada$15M
  6. Grey Matter NeurosciencesGrey Matter Neurosciences is a Toronto-based medical technology company founded in 2024.Canada$14M
  7. Practice BetterPractice Better is a comprehensive practice management software platform and Electronic Health Record (EHR) solution tailored for Canada$13M
  8. Acorn BiolabsAcorn Biolabs is cryopreserving people's healthy young cells for use in future regenerative treatments.Canada$11M

Big Data & Analytics

20 startups · $87M raised

  1. NowVertical GroupNowVertical Group is a Vertical Intelligence (VI) software and services company combining industry-specific technology and expertise.Canada$26M
  2. SecodaSecoda is a collaborative workspace that enables data teams to share metadata, queries, charts, and documentation.Canada$14M
  3. BrickeyeBrickeye is a construction technology company based in Toronto, Canada, specializing in AI-native and IoT-enabled construction risCanada$10M
  4. HelikaHelika is a Montreal-based AI and data analytics company that specializes in providing a brand-safe AI character platform for branCanada$8.0M
  5. DiversioDiversio is a Toronto-based people intelligence platform founded in 2018.Canada$6.5M
  6. YScopeYScope is a software company based in Toronto that specializes in open-source log archive storage, search, and analytics for edge Canada$3.9M
  7. TritonWearTritonWear is a Toronto-based sports technology company founded in 2014.Canada$2.3M
  8. EvidenceEvidence is a company that specializes in Business Intelligence as Code, providing an open-source framework for creating data prodCanada$2.1M

Oil & Gas

19 startups · $882M raised

  1. Generation MiningGeneration Mining is a mineral development company that focuses on zinc and molybdenum projects in Canada.Canada$311M
  2. New Found Gold Corp.New Found Gold Corp.Canada$134M
  3. Cadillac MinesCadillac Mines is a privately held Canadian mining firm run by a diversified and experienced team of specialists.Canada$130M
  4. Kinterra CapitalKinterra Capital is a private equity firm focused on investing in the critical metals required to advance the energy transition.Canada$80M
  5. Arizona Sonoran Copper CompanyArizona Sonoran Copper Company primarily operates as a copper developer and producer.Canada$69M
  6. Emerita ResourcesA Premier Zinc Exploration Platform.Canada$50M
  7. Canada Nickel CompanyCanada Nickel Company is a mining company that develops nickel-sulphide projects to support electric vehicle and steel markets.Canada$37M
  8. Hercules MetalsHercules Metals is focused on the exploration and development of a large-scale disseminated silver-lead-zinc system at Hercules.Canada$23M

Advertising & Adtech

19 startups · $430M raised

  1. StackAdaptStackAdapt is a multi-channel programmatic advertising platform, offering native, display, video, CTV and audio ad buying.Canada$236M
  2. Blue Ant MediaBlue Ant Media is a privately held, international production studio and rights business and channel operator.Canada$66M
  3. RubikloudRubikloud uses AI to deliver intelligent decision automation to enterprise retailers through its cloud-native platform.Canada$45M
  4. UberflipUberflip is a platform that enables marketers to create content destinations for all their marketing activities.Canada$38M
  5. WishabiReinventing the Digital CircularCanada$16M
  6. CrowdRiffCrowdRiff is an AI-powered visual content marketing platform designed specifically for the travel and tourism industry.Canada$9.0M
  7. SamplerSampler specializes in direct-to-consumer product sampling to digitally targeted consumers.Canada$5.6M
  8. ADCentricityADCentricity offers a technology platform enabling clients to access digital media assets for campaign planning, purchasing and deployment.Canada$2.9M

Web3 & Crypto

18 startups · $152M raised

  1. WonderFiWonderFi is a technology company that provides individuals with access to financial services through DeFi.Canada$35M
  2. NucoNuco is a blockchain platform that focuses on developing and managing decentralized networks for businesses.Canada$22M
  3. Badger DAOBadger DAO is a bitcoin-based decentralized finance platform that allows users to trade crypto tokens.Canada$21M
  4. ChainSafe SystemsChainSafe Systems is a Toronto-based open-source research and development firm that focuses on blockchain and Web3 infrastructure.Canada$19M
  5. Digi Power XDigiPowerX delivers cutting-edge data infrastructure solutions powered by our revolutionary ARMS 200 modular system.Canada$15M
  6. Layer2 FinancialLayer2 Financial enables fintech and banks to launch compliant stablecoin, cryptocurrency, and other digital asset products.Canada$7.7M
  7. NFT3NFT3 is the first Unified Decentralized Identity and Credit Network for Web3 and Your Portal to the Metaverse.Canada$7.5M
  8. Informal SystemsInformal Systems is a Canadian-based technology organization founded in 2019, operating as a cooperatively owned and governed entity.Canada$5.3M

Software

17 startups · $81M raised

  1. BlueCatBlueCat provides core services and solutions that help our customers and their teams deliver change-ready networks.Canada$28M
  2. YolandoYolando is a cloud-based SaaS platform launched in 2025, developed by the team behind BirdseyePost.Canada$8.5M
  3. UXP SystemsUXP Systems is the industry leader in User Lifecycle Management (ULM).Canada$8.0M
  4. Northcore TechnologiesNorthcore Technologies is a software company developing and commercializing asset life cycle management solutions.Canada$6.0M
  5. TripStackTripStack is a b2b travel technology company that provides direct flights and the missing itineraries in one search.Canada$6.0M
  6. IntellitixIntellitix is a global provider of RFID-powered event technology solutions, enhancing live events through a unified platform that Canada$6.0M
  7. FirmexFirmex is a global provider of virtual data rooms where more deals, diligence, and compliance gets done.Canada$4.5M
  8. ModemModem is an AI-powered auto-triage product manager platform that enhances team communication by transforming conversations from vaCanada$4.4M

Edtech

16 startups · $188M raised

  1. Top HatTop Hat is a private educational technology company based in Toronto, Ontario, founded in 2009.Canada$151M
  2. QuadFiQuadFi is a fintech firm providing underserved credit groups with fair and affordable loans.Canada$20M
  3. HalpHalp was a SaaS company founded in 2017 and based in Boulder, Colorado.Canada$6.6M
  4. Acuity InsightsAcuity Insights is a Canadian technology company focused on admissions assessment, program management, and analytics solutions forCanada$5.0M
  5. OneClassOneClass is a Canadian educational technology company founded in 2010 and based in Toronto, Ontario.Canada$2.3M
  6. Off2ClassOff2Class is a Toronto-based educational technology company that specializes in English as a Second Language (ESL) and English LanCanada$800K
  7. CrowdmarkCrowdmark is an education technology company based in Toronto, founded in 2012.Canada$772K
  8. IntelocateIntelocate is a customizable operations enablement platform designed for multi-location businesses.Canada$598K

E-commerce

14 startups · $273M raised

  1. KoboKobo offers an open platform for e-reading.Canada$79M
  2. Carbon6Carbon6 provides a software suite to help online entrepreneurs streamline everyday operations and improve profitability.Canada$66M
  3. GoBoltGoBolt provides a tech-forward approach to fulfillment and sustainable last mile delivery.Canada$55M
  4. GoodGoodGoodGood is a Toronto-based company that operates all-day cafés and offers an online delivery service.Canada$25M
  5. FlashfoodWe provide retailers and shoppers an affordable, simple solution to feed families, not landfills.Canada$12M
  6. ShopThingShopThing is a North American live video commerce platform and luxury marketplace founded in 2018 by Maggie Adhami-Boynton.Canada$10M
  7. Plobal AppsPlobal Apps, also known as Plobal Tech, is a prominent enterprise technology startup that specializes in mobile commerce solutionsCanada$8.5M
  8. The LogicThe Logic is an independent Canadian digital news publication that launched in 2018.Canada$4.3M

How this map is made. Every startup here is based in Toronto and has raised money in rounds we track. Each sits under its main sector, read from its rounds; each sector shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

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