Top list · Canada
285 AI startups in Canada have raised money in rounds we track. These are the 50 that have raised the most, $20B between them, with Toronto the most common home.
Cohere is a Canadian multinational artificial intelligence company founded in 2019, specializing in foundational large language models (LLMs) and enterprise AI
Founded 2019Toronto, Canada$5.6Blast round Oct 2026Hut 8 Corp.
Founded -Toronto, Canada$4.3Blast round Jun 2026Lexicata is now part of the Clio family.
Founded 2014Santa Monica, Canada$1.7Blast round Nov 2025Waabi is an artificial intelligence company based in Toronto, Canada, specializing in autonomous self-driving technology for long-haul trucking.
Founded 2021Toronto, Canada$1.0Blast round Jan 20265C is a data center that provides AI digital infrastructure, HPC systems, and scalable compute solutions for enterprises.
Founded 2025Saint Laurent, Canada$835Mlast round Jul 2025Beacon acquires and grows essential businesses.
Founded -Toronto, Canada$475Mlast round Jun 2026Converge Technology Solutions is an IT company that offers cybersecurity, AI, advanced analytics, and digital infrastructure services.
Founded 2017Toronto, Canada$469Mlast round Jul 2022Centre de Collaboration MiQro Innovation is a semiconductor foundry.
Founded 2010Bromont, Canada$469Mlast round Dec 2025Antimatter is a data security company that provides cryptographic infrastructure services to B2B SaaS companies.
Founded 2021Ottawa, Canada$363Mlast round May 2026Blue J is a Toronto-based enterprise software company founded in 2015, specializing in generative AI-powered tax research.
Founded 2015Toronto, Canada$298Mlast round Nov 2026LawZero is committed to advancing research and creating technical solutions that enable safe-by-design AI systems.
Founded -Montréal, Canada$215Mlast round Sept 2026Vention is a technology company based in Montreal, Canada, specializing in manufacturing automation.
Founded 2016Montreal, Canada$213Mlast round Jan 2026Vosker provides remote area monitoring technology using solar power and artificial intelligence for cutting-edge surveillance solutions.
Founded 2018Victoriaville, Canada$200Mlast round Feb 2026Deep Genomics is using artificial intelligence to build a new universe of life-saving genetic therapies.
Founded 2014Toronto, Canada$197Mlast round Jul 2021QScale is an IT company that provides high-Performance computing centers with Energy Recovery.
Founded 2019Levis, Canada$170Mlast round Nov 2024Taalas is creating a platform for quickly turning any AI model into custom silicon.
Founded 2023Toronto, Canada$169Mlast round Feb 2026Solink is a cloud-based security and loss prevention technology company based in Ottawa, Ontario, Canada.
Founded 2009Ottawa, Canada$160Mlast round Oct 2026Untether AI develops AI chips to enable new frontiers in AI applications.
Founded 2018Toronto, Canada$158Mlast round Jul 2021Biossil is an AI-native biopharma company located in Toronto, Canada.
Founded 2023Toronto, Canada$153Mlast round Sept 2026Amity is a technology company based in Toronto, specializing in Customer Success Software delivered as a cloud-native SaaS platform.
Founded 2012Toronto, Canada$100Mlast round Nov 2026BenchSci is a Toronto-based software company that specializes in AI-driven solutions for life sciences and drug discovery.
Founded 2015Toronto, Canada$98Mlast round May 2023Conquest Planning is a financial planning software company based in Winnipeg, Canada, founded in 2018 by experienced professionals in financial technology.
Founded 2018Winnipeg, Canada$80Mlast round Jun 2025Ideogram is an artificial intelligence company based in Toronto, Ontario, specializing in generative media, particularly text-to-image models.
Founded 2022Toronto, Canada$80Mlast round Feb 2024Gumloop is a no-code AI automation platform founded in April 2023, originally named AgentHub.
Founded 2023San Francisco, Canada$67Mlast round Mar 2026Delphia is a Toronto-based fintech company founded in 2018 that specializes in AI-driven investment products.
Founded 2018Toronto, Canada$60Mlast round Jun 2022dcbel is an AI-driven sustainable energy technology company based in Montreal, Quebec, Canada.
Founded 2015Montreal, Canada$55Mlast round Sept 2025gaiia is a Canadian technology company that develops an all-in-one operating system tailored for telecommunications companies and Internet Service Providers (ISPs).
Founded 2023Montreal, Canada$53Mlast round May 2026Mappedin is a leader in indoor mapping and spatial data management, based in Waterloo, Ontario, Canada.
Founded 2011Waterloo, Canada$52Mlast round Apr 2026Validere is on a mission to better human prosperity by making the energy supply chain efficient and sustainable.
Founded 2015Calgary, Canada$50Mlast round Mar 2022Kira Systems is a machine learning software that identifies, extracts, and analyzes text in contracts and other documents.
Founded 2011Canada$50Mlast round Sept 2018Healwell Al is a healthcare technology company that utilizes AI and data science for the early identification and detection of diseases.
Founded 2012Toronto, Canada$50Mlast round Feb 2025Pine operates as a digital mortgage company.
Founded 2021Toronto, Canada$50Mlast round Jun 2025Forma.ai is an AI-powered Sales Performance Management (SPM) platform based in Toronto, Canada.
Founded 2016Toronto, Canada$45Mlast round May 2022Integrate.ai is a SaaS startup focused on enabling developers to build machine learning and analytics products across distributed data silos
Founded 2017Canada$45Mlast round Dec 2018GeologicAI is a leader in geoscience data acquisition and resource modeling, founded in 2013 in Calgary, Alberta.
Founded 2013Calgary, Canada$44Mlast round Jul 2025Clearpath provides self-driving vehicle technology and services for research and industrial clients.
Founded 2009Kitchener, Canada$41Mlast round Oct 2016Passage is a modern identity for web and mobile applications.
Founded 2021Canada$41Mlast round May 2026Gandeeva Therapeutics is a precision biotechnology company based in Burnaby, British Columbia, Canada, founded in 2021.
Founded 2021Vancouver, Canada$40Mlast round Jan 2022Spellbook is a legal software startup that develops a generative artificial intelligence contract drafting tool for lawyers.
Founded 2018Toronto, Canada$40Mlast round Mar 2026Stradigi AI is a Montreal-based SaaS company founded in 2005, focusing on low-code and no-code AI software.
Founded 2017Montreal, Canada$40Mlast round Nov 2019Nanoprecise is an AI & IoT company that is revolutionizing the field of predictive maintenance by accurately diagnosing faults in machines.
Founded 2017Edmonton, Canada$38Mlast round Mar 2025Slyce is a visual search and image recognition technology provider for retailers and brands.
Founded 2012Canada$37Mlast round May 2015Companies whose funding rounds we classed as any of these sectors, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.
Open any company for its rounds and investors, or search the investors who back AI startups in Canada in the app, with filters, lists and exports.
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APStartups in Canada2,950 companies · $38B
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APHealth startups in Canada386 companies · $5.7B
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PHIT Services startups in Canada232 companies · $2.0B
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RTBiotech startups in Canada210 companies · $4.9B
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RTTHealthcare startups in Canada195 companies · $3.7B
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EFClimate tech startups in Canada126 companies · $2.8B
TPBig Data & Analytics startups in Canada116 companies · $3.0B
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CMEnergy startups in Canada103 companies · $6.1B