# Top 41 Security Startups in Canada by Funding (2026)

> The 41 best-funded security startups in Canada, ranked by total funding raised: $1.4B combined. With founding year, headquarters and each company's rounds.

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

- 1 [**Verafin** Verafin offers a fraud and AML detection platform that helps detect, investigate, and report money laundering and financial fraud.](https://millionrounds.com/company/verafin) Verafin offers a fraud and AML detection platform that helps detect, investigate, and report money laundering and financial fraud. *Founded* 2003 St. John's, Canada **$454M** last round Sept 2019
- 2 [**1Password** 1Password is a leader in cybersecurity and password management, founded in 2005 by Dave Teare and Roustem Karimov.](https://millionrounds.com/company/1password) 1Password is a leader in cybersecurity and password management, founded in 2005 by Dave Teare and Roustem Karimov. *Founded* 2005 Toronto, Canada **$200M** last round Nov 2019
- 3 [**Tailscale** Tailscale is a technology company founded in 2019 by former Google engineers, including CEO Avery Pennarun.](https://millionrounds.com/company/tailscale) Tailscale is a technology company founded in 2019 by former Google engineers, including CEO Avery Pennarun. *Founded* 2019 Toronto, Canada **$161M** last round Apr 2025
- 4 [**Solink** Solink is a cloud-based security and loss prevention technology company based in Ottawa, Ontario, Canada.](https://millionrounds.com/company/solink) Solink is a cloud-based security and loss prevention technology company based in Ottawa, Ontario, Canada. *Founded* 2009 Ottawa, Canada **$160M** last round Oct 2026
- 5 [**eSentire** eSentire provides Managed Risk, Managed Detection and Response and Incident Response services.](https://millionrounds.com/company/esentire) eSentire provides Managed Risk, Managed Detection and Response and Incident Response services. *Founded* 2001 Waterloo, Canada **$67M** last round Mar 2019
- 6 [**ACL**](https://millionrounds.com/company/acl) *Founded* - Canada **$50M** last round Dec 2017
- 7 [**SecureKey** SecureKey Electronic appliances manufacturing company.](https://millionrounds.com/company/securekey) SecureKey Electronic appliances manufacturing company. *Founded* 2021 Canada **$47M** last round Oct 2016
- 8 [**Micrologic** Micro Logic is a value-added reseller of IT products and services.](https://millionrounds.com/company/micrologic) Micro Logic is a value-added reseller of IT products and services. *Founded* 1983 Québec, Canada **$32M** last round Sept 2026
- 9 [**HYAS** HYAS is a cybersecurity firm based in Vancouver, Canada, with an additional presence in Austin, Texas.](https://millionrounds.com/company/hyas) HYAS is a cybersecurity firm based in Vancouver, Canada, with an additional presence in Austin, Texas. *Founded* 2015 Vancouver, Canada **$22M** last round Feb 2021
- 10 [**Corsa Security** Corsa Security is a cybersecurity company based in Ottawa, founded in 2013.](https://millionrounds.com/company/corsa-security) Corsa Security is a cybersecurity company based in Ottawa, founded in 2013. *Founded* 2013 Ottawa, Canada **$21M** last round Oct 2022
- 11 [**LoginRadius** LoginRadius is a SaaS-based CIAM platform that offers customer registration services, profile data storage, and cloud integration solutions.](https://millionrounds.com/company/loginradius) LoginRadius is a SaaS-based CIAM platform that offers customer registration services, profile data storage, and cloud integration solutions. *Founded* 2013 Vancouver, Canada **$18M** last round Jul 2018
- 12 [**iS5 Communications** iS5 Communications provides intelligent solutions, network security, and network design services for critical infrastructure protection.](https://millionrounds.com/company/is5-communications) iS5 Communications provides intelligent solutions, network security, and network design services for critical infrastructure protection. *Founded* 2012 Mississauga, Canada **$17M** last round Aug 2018
- 13 [**BOXX Insurance** BOXX Insurance specializes in risk management solutions for small-to-medium-sized businesses.](https://millionrounds.com/company/boxx-insurance) BOXX Insurance specializes in risk management solutions for small-to-medium-sized businesses. *Founded* 2018 Toronto, Canada **$14M** last round Jan 2023
- 14 [**Feroot Security** Feroot Security is an AI-native cybersecurity and compliance platform based in Toronto, Ontario, Canada.](https://millionrounds.com/company/feroot-security) Feroot Security is an AI-native cybersecurity and compliance platform based in Toronto, Ontario, Canada. *Founded* 2020 Toronto, Canada **$14M** last round Nov 2025
- 15 [**Graphite Software**](https://millionrounds.com/company/graphite-software) *Founded* - Canada **$12M** last round Jun 2016
- 16 [**Isara**](https://millionrounds.com/company/isara) *Founded* - Canada **$10M** last round Nov 2018
- 17 [**Quantum Bridge** Quantum Bridge is a dynamic solutions firm that specializes in consulting, business development, training, and business modeling.](https://millionrounds.com/company/quantum-bridge) Quantum Bridge is a dynamic solutions firm that specializes in consulting, business development, training, and business modeling. *Founded* 2012 Canada **$9.9M** last round May 2026
- 18 [**Loopio** Loopio is a Toronto-based SaaS platform that specializes in automated RFP response software.](https://millionrounds.com/company/loopio) Loopio is a Toronto-based SaaS platform that specializes in automated RFP response software. *Founded* 2014 Toronto, Canada **$9.0M** last round Feb 2018
- 19 [**Noviflow** NoviFlow develops software and systems for high-performance, programmable SDN network switches.](https://millionrounds.com/company/noviflow) NoviFlow develops software and systems for high-performance, programmable SDN network switches. *Founded* 2012 Montreal, Canada **$8.0M** last round Nov 2020
- 20 [**MedStack** MedStack is a Toronto-based cloud infrastructure and compliance platform tailored for the digital health industry.](https://millionrounds.com/company/medstack) MedStack is a Toronto-based cloud infrastructure and compliance platform tailored for the digital health industry. *Founded* 2015 Toronto, Canada **$5.5M** last round Jul 2021
- 21 [**evolutionQ** evolutionQ is a quantum-safe cybersecurity company founded in 2015 and based in Waterloo, Ontario, with an additional office in Aachen, Germany.](https://millionrounds.com/company/evolutionq) evolutionQ is a quantum-safe cybersecurity company founded in 2015 and based in Waterloo, Ontario, with an additional office in Aachen, Germany. *Founded* 2015 Waterloo, Canada **$5.4M** last round Jun 2022
- 22 [**Mycroft** Mycroft is a developer of an open source voice assistant platform designed to handle operating systems.](https://millionrounds.com/company/mycroft) Mycroft is a developer of an open source voice assistant platform designed to handle operating systems. *Founded* 2015 Kansas City, Canada **$4.1M** last round Sept 2025
- 23 [**Boostsecurity.io** Boostsecurity.io is a computer software company that assists software developers to discover cybersecurity-related issues.](https://millionrounds.com/company/boostsecurity-io) Boostsecurity.io is a computer software company that assists software developers to discover cybersecurity-related issues. *Founded* - Quebec, Canada **$4.0M** last round May 2026
- 24 [**Zebu** Zebu has developed a completely secure cloud-based platform that protects business collaboration around the world.](https://millionrounds.com/company/zebu) Zebu has developed a completely secure cloud-based platform that protects business collaboration around the world. *Founded* 2015 Waterloo, Canada **$4.0M** last round Dec 2019
- 25 [**Cybeats**](https://millionrounds.com/company/cybeats) *Founded* - Canada **$3.0M** last round Dec 2018
- 26 [**Styx Intelligence** Styx Intelligence is a Vancouver-based cybersecurity startup founded in 2020.](https://millionrounds.com/company/styx-intelligence) Styx Intelligence is a Vancouver-based cybersecurity startup founded in 2020. *Founded* 2021 Vancouver, Canada **$2.7M** last round Apr 2025
- 27 [**Above Security** Above Security is an AI-native managed insider threat platform based in Tel Aviv, Israel.](https://millionrounds.com/company/above-security) Above Security is an AI-native managed insider threat platform based in Tel Aviv, Israel. *Founded* 2025 Canada **$2.5M** last round Sept 2004
- 28 [**aDolus Technology Inc.** aDolus provides a cloud platform to safeguard critical infrastructure, brokering information about ICS and IoT software and firmware.](https://millionrounds.com/company/adolus-technology-inc) aDolus provides a cloud platform to safeguard critical infrastructure, brokering information about ICS and IoT software and firmware. *Founded* 2017 Victoria, Canada **$2.4M** last round Oct 2021
- 29 [**Cybeats Technologies** Proactively discover & reduce risk across the entire software supply chain, from procurement, development through deployment.](https://millionrounds.com/company/cybeats-technologies) Proactively discover & reduce risk across the entire software supply chain, from procurement, development through deployment. *Founded* 2016 Toronto, Canada **$2.3M** last round Jul 2026
- 30 [**Plurilock** Securing the systems that underpin society.](https://millionrounds.com/company/plurilock) Securing the systems that underpin society. *Founded* 2016 Victoria, Canada **$2.1M** last round Apr 2026
- 31 [**Cord3**](https://millionrounds.com/company/cord3) *Founded* - Canada **$2.0M** last round Oct 2019
- 32 [**Securicy**](https://millionrounds.com/company/securicy) *Founded* - Canada **$1.8M** last round Jul 2019
- 33 [**Inscora** Inscora is a Montreal-based insurtech company founded in 2023, specializing in cyber insurance readiness and sales enablement for managed service providers (MSP](https://millionrounds.com/company/inscora) Inscora is a Montreal-based insurtech company founded in 2023, specializing in cyber insurance readiness and sales enablement for managed service providers (MSP *Founded* 2023 Montreal, Canada **$1.5M** last round Aug 2024
- 34 [**Beauceron**](https://millionrounds.com/company/beauceron) *Founded* - Canada **$1.5M** last round Oct 2018
- 35 [**GlitchSecure** GlitchSecure is a Winnipeg-based cybersecurity startup that specializes in real-time continuous security testing.](https://millionrounds.com/company/glitchsecure) GlitchSecure is a Winnipeg-based cybersecurity startup that specializes in real-time continuous security testing. *Founded* 2022 Winnipeg, Canada **$1.4M** last round Apr 2025
- 36 [**NotifAI** NotifAi develops cloud monitoring technology for the protection of assets.](https://millionrounds.com/company/notifai) NotifAi develops cloud monitoring technology for the protection of assets. *Founded* 2016 Canada **$1.3M** last round Jun 2019
- 37 [**Protexxa** Protexxa is a Toronto-based B2B SaaS cybersecurity company founded in 2021 by Claudette McGowan.](https://millionrounds.com/company/protexxa) Protexxa is a Toronto-based B2B SaaS cybersecurity company founded in 2021 by Claudette McGowan. *Founded* - Toronto, Canada **$1.2M** last round Jun 2025
- 38 [**Flare Systems**](https://millionrounds.com/company/flare-systems) *Founded* - Canada **$1.0M** last round Oct 2019
- 39 [**Viscore** Viscore Technologies is a technology company based in Suzhou, China, specializing in data movement, data replication, and high-speed optical networking solutions.](https://millionrounds.com/company/viscore) Viscore Technologies is a technology company based in Suzhou, China, specializing in data movement, data replication, and high-speed optical networking solutions. *Founded* 2002 Ottawa, Canada **$250K** last round Oct 2014
- 40 [**Equals6** Equals6 is an online academic and career development networking community for students to connect and share resources.](https://millionrounds.com/company/equals6) Equals6 is an online academic and career development networking community for students to connect and share resources. *Founded* 2010 Halifax, Canada **$250K** last round May 2012
- 41 [**Cached AI** Cached AI offers real-time fraud prevention service for banks and card-programs, issuing virtual cards if risk is detected.](https://millionrounds.com/company/cached-ai) Cached AI offers real-time fraud prevention service for banks and card-programs, issuing virtual cards if risk is detected. *Founded* - Toronto, Canada **$250K** last round May 2025

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed as this sector, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back security startups in Canada in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[All top lists](https://millionrounds.com/top-lists)

## More security lists

[See all](https://millionrounds.com/top-lists?t=Security)

[*H* *K* *V* **Security startups worldwide** 1,740 companies · $30B](https://millionrounds.com/top-lists/security-startups)[*H* *K* *V* **Security startups in the United States** 1,085 companies · $29B](https://millionrounds.com/top-lists/security-startups-united-states)[*T* *Q* *D* **Security startups in the United Kingdom** 164 companies · $3.9B](https://millionrounds.com/top-lists/security-startups-united-kingdom)[*F* *VS* *G* **Security startups in France** 59 companies · $854M](https://millionrounds.com/top-lists/security-startups-france)[*I* *S* *ML* **Security startups in Germany** 27 companies · $448M](https://millionrounds.com/top-lists/security-startups-germany)[*FC* *RP* *I* **Security startups in Spain** 26 companies · $293M](https://millionrounds.com/top-lists/security-startups-spain)[*A* *S* *E* **Security startups in Switzerland** 17 companies · $294M](https://millionrounds.com/top-lists/security-startups-switzerland)

## More lists for Canada

[See all](https://millionrounds.com/top-lists?r=Canada)

[*C* *H8* *AP* **Startups in Canada** 2,950 companies · $38B](https://millionrounds.com/top-lists/startups-canada)[*A* *T* *AP* **Health startups in Canada** 386 companies · $5.7B](https://millionrounds.com/top-lists/health-startups-canada)[*C* *H8* *C* **AI startups in Canada** 285 companies · $20B](https://millionrounds.com/top-lists/ai-startups-canada)[*LG* *P* *H* **IT Services startups in Canada** 232 companies · $2.0B](https://millionrounds.com/top-lists/it-services-startups-canada)[*A* *T* *RT* **Biotech startups in Canada** 210 companies · $4.9B](https://millionrounds.com/top-lists/biotech-startups-canada)[*A* *RT* *T* **Healthcare startups in Canada** 195 companies · $3.7B](https://millionrounds.com/top-lists/healthcare-startups-canada)[*E* *GF* *EF* **Climate tech startups in Canada** 126 companies · $2.8B](https://millionrounds.com/top-lists/climate-tech-startups-canada)[*5G* *T* *P* **Big Data & Analytics startups in Canada** 116 companies · $3.0B](https://millionrounds.com/top-lists/big-data-startups-canada)
