# Top 50 Health Startups in Toronto-Waterloo by Funding (2026)

> The 50 best-funded health startups in Toronto-Waterloo, ranked by total funding raised: $1.7B combined.

Source: https://millionrounds.com/top-lists/health-startups-toronto-waterloo (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Deep Genomics** Deep Genomics is using artificial intelligence to build a new universe of life-saving genetic therapies.](https://millionrounds.com/company/deep-genomics) Deep Genomics is using artificial intelligence to build a new universe of life-saving genetic therapies. *Founded* 2014 Toronto, Canada **$197M** last round Jul 2021
- 2 [**Dental Corp** TargetScore surfaces company intelligence and contact data for sales development processes.](https://millionrounds.com/company/dental-corp) TargetScore surfaces company intelligence and contact data for sales development processes. *Founded* 2011 Toronto, Canada **$171M** last round Nov 2024
- 3 [**Biossil** Biossil is an AI-native biopharma company located in Toronto, Canada.](https://millionrounds.com/company/biossil) Biossil is an AI-native biopharma company located in Toronto, Canada. *Founded* 2023 Toronto, Canada **$153M** last round Sept 2026
- 4 [**MedAvail** MedAvail focuses on the discovery, development, and commercialization of advanced nutrition products.](https://millionrounds.com/company/medavail) MedAvail focuses on the discovery, development, and commercialization of advanced nutrition products. *Founded* 2012 Mississauga, Canada **$140M** last round Mar 2023
- 5 [**BenchSci** BenchSci is a Toronto-based software company that specializes in AI-driven solutions for life sciences and drug discovery.](https://millionrounds.com/company/benchsci) BenchSci is a Toronto-based software company that specializes in AI-driven solutions for life sciences and drug discovery. *Founded* 2015 Toronto, Canada **$98M** last round May 2023
- 6 [**PointClickCare** PointClickCare develops web-based products and services to help long-term care providers manage the complete lifecycle of resident care.](https://millionrounds.com/company/pointclickcare) PointClickCare develops web-based products and services to help long-term care providers manage the complete lifecycle of resident care. *Founded* 1995 Toronto, Canada **$85M** last round Feb 2017
- 7 [**League** League is a platform technology company powering next-generation healthcare consumer experiences.](https://millionrounds.com/company/league) League is a platform technology company powering next-generation healthcare consumer experiences. *Founded* 2014 Toronto, Canada **$76M** last round Feb 2025
- 8 [**Reunion Neuroscience** Reunion Neuroscience is a clinical-stage pharmaceutical company developing therapeutic solutions for underserved mental health conditions.](https://millionrounds.com/company/reunion-neuroscience) Reunion Neuroscience is a clinical-stage pharmaceutical company developing therapeutic solutions for underserved mental health conditions. *Founded* 2019 Toronto, Canada **$69M** last round May 2025
- 9 [**Xagenic** Xagenic is a molecular diagnostics company developing on-demand molecular testing, facilitating faster treatment decisions for patients.](https://millionrounds.com/company/xagenic) Xagenic is a molecular diagnostics company developing on-demand molecular testing, facilitating faster treatment decisions for patients. *Founded* 2010 Toronto, Canada **$67M** last round Jul 2015
- 10 [**NeurAxon** NeurAxon discovers and develops pain therapeutics targeted on neuronal nitric oxide synthase.](https://millionrounds.com/company/neuraxon) NeurAxon discovers and develops pain therapeutics targeted on neuronal nitric oxide synthase. *Founded* 2004 Mississauga, Canada **$57M** last round May 2012
- 11 [**Helus Pharma** Helus Pharma is a biopharmaceutical company that develops psychedelic therapeutics for mental health conditions.](https://millionrounds.com/company/helus-pharma) Helus Pharma is a biopharmaceutical company that develops psychedelic therapeutics for mental health conditions. *Founded* - Toronto, Canada **$50M** last round Sept 2026
- 12 [**Next Edge Capital** Next Edge Capital is a biotechnology impact investing company that provides asset management services.](https://millionrounds.com/company/next-edge-capital) Next Edge Capital is a biotechnology impact investing company that provides asset management services. *Founded* 2014 Toronto, Canada **$50M** last round Apr 2022
- 13 [**The Princess Margaret Cancer Foundation** The Princess Margaret Cancer Foundation assists communities in raising funds to advance cancer research and set new standards of care.](https://millionrounds.com/company/the-princess-margaret-cancer-foundation) The Princess Margaret Cancer Foundation assists communities in raising funds to advance cancer research and set new standards of care. *Founded* 2016 Toronto, Canada **$50M** last round Apr 2022
- 14 [**Center of Aging and Brain Health Innovation** Center of Aging and Brain Health Innovation is a service center that supports aging and brain health sector.](https://millionrounds.com/company/center-of-aging-and-brain-health-innovation) Center of Aging and Brain Health Innovation is a service center that supports aging and brain health sector. *Founded* 2015 Toronto, Canada **$39M** last round Dec 2023
- 15 [**Specific Biologics** Specific Biologics develops novel gene editing technologies to treat diseases at the genetic level in cells inside the body.](https://millionrounds.com/company/specific-biologics) Specific Biologics develops novel gene editing technologies to treat diseases at the genetic level in cells inside the body. *Founded* 2017 Toronto, Canada **$36M** last round Nov 2026
- 16 [**Radiant Biotherapeutics** Radiant Biotherapeutics is a biotechnology company based in Toronto, founded in 2020.](https://millionrounds.com/company/radiant-biotherapeutics) Radiant Biotherapeutics is a biotechnology company based in Toronto, founded in 2020. *Founded* 2020 Toronto, Canada **$35M** last round Sept 2024
- 17 [**MolecuLight** MolecuLight is a Canadian medical imaging company founded in 2012, based in Toronto, with a presence in the US.](https://millionrounds.com/company/moleculight) MolecuLight is a Canadian medical imaging company founded in 2012, based in Toronto, with a presence in the US. *Founded* 2013 Toronto, Canada **$32M** last round Jan 2025
- 18 [**Altis Labs** Altis Labs, Inc.](https://millionrounds.com/company/altis-labs) Altis Labs, Inc. *Founded* 2019 Toronto, Canada **$31M** last round Sept 2026
- 19 [**Nymi** Workplace wearables built on a connected worker platform with enterprise applications for security, productivity, and health & safety.](https://millionrounds.com/company/nymi) Workplace wearables built on a connected worker platform with enterprise applications for security, productivity, and health & safety. *Founded* 2011 Toronto, Canada **$30M** last round May 2017
- 20 [**Think Research** Think Research is on a mission is to organize the world’s health knowledge so that everyone gets the best care.](https://millionrounds.com/company/think-research) Think Research is on a mission is to organize the world’s health knowledge so that everyone gets the best care. *Founded* 2006 Toronto, Canada **$25M** last round Oct 2018
- 21 [**Exact Imaging** Exact Imaging is a Canadian MedTech company based in Markham, Ontario, focused on developing high-resolution micro-ultrasound systems for urological application](https://millionrounds.com/company/exact-imaging) Exact Imaging is a Canadian MedTech company based in Markham, Ontario, focused on developing high-resolution micro-ultrasound systems for urological application *Founded* 2013 Markham, Canada **$16M** last round Jan 2017
- 22 [**Perimeter Medical Imaging** Perimeter Medical Imaging is a medical technology company.](https://millionrounds.com/company/perimeter-medical-imaging) Perimeter Medical Imaging is a medical technology company. *Founded* 2013 Toronto, Canada **$15M** last round Apr 2026
- 23 [**Grey Matter Neurosciences** Grey Matter Neurosciences is a Toronto-based medical technology company founded in 2024.](https://millionrounds.com/company/grey-matter-neurosciences) Grey Matter Neurosciences is a Toronto-based medical technology company founded in 2024. *Founded* - Toronto, Canada **$14M** last round Jan 2025
- 24 [**Practice Better** Practice Better is a comprehensive practice management software platform and Electronic Health Record (EHR) solution tailored for health and wellness professionals.](https://millionrounds.com/company/practice-better) Practice Better is a comprehensive practice management software platform and Electronic Health Record (EHR) solution tailored for health and wellness professionals. *Founded* 2014 Toronto, Canada **$13M** last round Nov 2024
- 25 [**Acorn Biolabs** Acorn Biolabs is cryopreserving people's healthy young cells for use in future regenerative treatments.](https://millionrounds.com/company/acorn-biolabs) Acorn Biolabs is cryopreserving people's healthy young cells for use in future regenerative treatments. *Founded* 2017 Toronto, Canada **$11M** last round Jun 2024
- 26 [**Intellijoint Surgical** Intellijoint Surgical is a Canadian medical device company committed to assisting orthopaedic surgeons to meet their surgical objectives.](https://millionrounds.com/company/intellijoint-surgical) Intellijoint Surgical is a Canadian medical device company committed to assisting orthopaedic surgeons to meet their surgical objectives. *Founded* 2010 Kitchener, Canada **$11M** last round Nov 2016
- 27 [**Vetster** Vetster is a Canadian veterinary telemedicine company based in Toronto, connecting pet owners with nearly 7,000 licensed veterinary professionals for on-demand](https://millionrounds.com/company/vetster) Vetster is a Canadian veterinary telemedicine company based in Toronto, connecting pet owners with nearly 7,000 licensed veterinary professionals for on-demand *Founded* 2020 Toronto, Canada **$10M** last round May 2021
- 28 [**Paradox Immunotherapeutics** Paradox Immunotherapeutics is an pharmaceutical company developing immunotherapies for rare diseases using a proven-successful immunotherapy drug design platform.](https://millionrounds.com/company/paradox-immunotherapeutics) Paradox Immunotherapeutics is an pharmaceutical company developing immunotherapies for rare diseases using a proven-successful immunotherapy drug design platform. *Founded* 2019 Toronto, Canada **$10M** last round Feb 2025
- 29 [**EBT Medical** EBT Medical is a clinical-stage startup developing disruptive neuromodulation therapies for pelvic health disorders.](https://millionrounds.com/company/ebt-medical) EBT Medical is a clinical-stage startup developing disruptive neuromodulation therapies for pelvic health disorders. *Founded* 2014 Toronto, Canada **$10M** last round Dec 2019
- 30 [**RetiSpec** RetiSpec is a Toronto-based medical AI and imaging company founded in 2016.](https://millionrounds.com/company/retispec) RetiSpec is a Toronto-based medical AI and imaging company founded in 2016. *Founded* 2016 Toronto, Canada **$10M** last round Jul 2024
- 31 [**NeuPath Health** NeuPath Health treats myofascial pain, neuropathic pain, diabetic neuropathic pain, and chronic headaches.](https://millionrounds.com/company/neupath-health) NeuPath Health treats myofascial pain, neuropathic pain, diabetic neuropathic pain, and chronic headaches. *Founded* 2019 Mississauga, Canada **$9.4M** last round Mar 2025
- 32 [**AmacaThera** AmacaThera is a clinical-stage biotechnology company based in Toronto, Canada.](https://millionrounds.com/company/amacathera) AmacaThera is a clinical-stage biotechnology company based in Toronto, Canada. *Founded* 2016 Toronto, Canada **$9.1M** last round Dec 2023
- 33 [**Kenota Health** Kenota Health, based in Kitchener, Ontario, is a medical technology company founded in 2014 by Moufeed Kaddoura.](https://millionrounds.com/company/kenota-health) Kenota Health, based in Kitchener, Ontario, is a medical technology company founded in 2014 by Moufeed Kaddoura. *Founded* 2014 Kitchener, Canada **$9.0M** last round Dec 2020
- 34 [**Swift Medical** Swift Medical is a leader in digital wound care management, focusing on AI-powered solutions to enhance patient care.](https://millionrounds.com/company/swift-medical) Swift Medical is a leader in digital wound care management, focusing on AI-powered solutions to enhance patient care. *Founded* 2015 Toronto, Canada **$8.0M** last round Jan 2024
- 35 [**CareGuide** CareGuide is a Toronto-based technology company founded in 2013 by John Philip Green and Jesse Rasch.](https://millionrounds.com/company/careguide) CareGuide is a Toronto-based technology company founded in 2013 by John Philip Green and Jesse Rasch. *Founded* 2012 Toronto, Canada **$7.6M** last round May 2019
- 36 [**OnCall Health** OnCall Health is a software company that offers telehealth software for healthcare companies.](https://millionrounds.com/company/oncall-health) OnCall Health is a software company that offers telehealth software for healthcare companies. *Founded* 2016 Toronto, Canada **$7.5M** last round Sept 2020
- 37 [**NuGen Medical Devices** NuGen Medical Devices develops needle-free technologies and medical delivery products.](https://millionrounds.com/company/nugen-medical-devices) NuGen Medical Devices develops needle-free technologies and medical delivery products. *Founded* 2018 Toronto, Canada **$7.4M** last round Sept 2024
- 38 [**QurCan Therapeutics Inc.** QurCan Therapeutics Inc.](https://millionrounds.com/company/qurcan-therapeutics-inc) QurCan Therapeutics Inc. *Founded* 2018 Toronto, Canada **$6.0M** last round Sept 2026
- 39 [**Twig Fertility** Twig Fertility is a modern fertility clinic and reproductive health company based in Toronto, Ontario, Canada.](https://millionrounds.com/company/twig-fertility) Twig Fertility is a modern fertility clinic and reproductive health company based in Toronto, Ontario, Canada. *Founded* 2020 Toronto, Canada **$6.0M** last round Jun 2023
- 40 [**Edesa Biotech** Edesa develops treatments for dermatological and anorectal diseases.](https://millionrounds.com/company/edesa-biotech) Edesa develops treatments for dermatological and anorectal diseases. *Founded* 2015 Markham, Canada **$5.9M** last round Jun 2026
- 41 [**ProteinQure** ProteinQure is a biotech company that designs peptide-based therapeutics and drug delivery systems using AI.](https://millionrounds.com/company/proteinqure) ProteinQure is a biotech company that designs peptide-based therapeutics and drug delivery systems using AI. *Founded* - Toronto, Canada **$5.8M** last round May 2026
- 42 [**Damona Pharmaceuticals** Damona Pharmaceuticals is a clinical-stage biopharmaceutical company dedicated to discovering and developing precision neuromedicines for cognitive deficits lin](https://millionrounds.com/company/damona-pharmaceuticals) Damona Pharmaceuticals is a clinical-stage biopharmaceutical company dedicated to discovering and developing precision neuromedicines for cognitive deficits lin *Founded* 2019 Toronto, Canada **$5.5M** last round Sept 2022
- 43 [**Rna Diagnostics** Rna Diagnostics is a Canadian company with a patented platform technology providing real-time cancer therapy guidance.](https://millionrounds.com/company/rna-diagnostics) Rna Diagnostics is a Canadian company with a patented platform technology providing real-time cancer therapy guidance. *Founded* 2010 Toronto, Canada **$5.0M** last round Jul 2019
- 44 [**Enhanced Medical Nutrition** Enhanced Medical Nutrition (EMN) is a Toronto-based life sciences company founded in 2016.](https://millionrounds.com/company/enhanced-medical-nutrition) Enhanced Medical Nutrition (EMN) is a Toronto-based life sciences company founded in 2016. *Founded* 2016 Toronto, Canada **$5.0M** last round Jan 2025
- 45 [**Insception Biosciences** Insception Biosciences is a cord blood program in Canada.](https://millionrounds.com/company/insception-biosciences) Insception Biosciences is a cord blood program in Canada. *Founded* 1996 Mississauga, Canada **$4.5M** last round Sept 2012
- 46 [**Medicenna Therapeutics** Medicenna is a clinical stage, privately held, immuno-oncology company.](https://millionrounds.com/company/medicenna-therapeutics) Medicenna is a clinical stage, privately held, immuno-oncology company. *Founded* 2012 Toronto, Canada **$4.4M** last round Jun 2026
- 47 [**Homecoming** Homecoming is a digital health technology company based in Toronto, Canada, founded in January 2021.](https://millionrounds.com/company/homecoming) Homecoming is a digital health technology company based in Toronto, Canada, founded in January 2021. *Founded* 2021 Toronto, Canada **$4.0M** last round Apr 2022
- 48 [**KeyOps** KeyOps is a Toronto-based physician engagement platform founded in 2018, focused on enhancing the relationship between healthcare professionals and life science companies.](https://millionrounds.com/company/keyops) KeyOps is a Toronto-based physician engagement platform founded in 2018, focused on enhancing the relationship between healthcare professionals and life science companies. *Founded* 2020 Toronto, Canada **$4.0M** last round Dec 2022
- 49 [**Unyte Health** Unyte Health, founded in 2007 and based in Toronto and Littleton, Colorado, specializes in evidence-based listening therapies and mind-body solutions.](https://millionrounds.com/company/unyte-health) Unyte Health, founded in 2007 and based in Toronto and Littleton, Colorado, specializes in evidence-based listening therapies and mind-body solutions. *Founded* 2007 Toronto, Canada **$3.8M** last round Oct 2024
- 50 [**HDAX Therapeutics** HDAX Therapeutics is a preclinical-stage biotechnology company based in Toronto, Ontario, Canada.](https://millionrounds.com/company/hdax-therapeutics) HDAX Therapeutics is a preclinical-stage biotechnology company based in Toronto, Ontario, Canada. *Founded* 2021 Mississauga, Canada **$3.2M** last round Sept 2024

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies 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.

## Who backed them?

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## More health lists

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