# Top 50 Software Startups in Canada by Funding (2026)

> The 50 best-funded software startups in Canada, ranked by total funding raised: $4.5B combined. With founding year, headquarters and each company's rounds.

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

- 1 [**Clio** Lexicata is now part of the Clio family.](https://millionrounds.com/company/clio) Lexicata is now part of the Clio family. *Founded* 2014 Santa Monica, Canada **$1.7B** last round Nov 2025
- 2 [**BlackBerry** BlackBerry helps organizations defend against cyberthreats.](https://millionrounds.com/company/blackberry) BlackBerry helps organizations defend against cyberthreats. *Founded* 2012 Waterloo, Canada **$1.0B** last round Nov 2013
- 3 [**Beacon Software** Beacon acquires and grows essential businesses.](https://millionrounds.com/company/beacon-software) Beacon acquires and grows essential businesses. *Founded* - Toronto, Canada **$475M** last round Jun 2026
- 4 [**Hostaway** Hostaway offers vacation rental management software solutions to property managers and online travel agencies.](https://millionrounds.com/company/hostaway) Hostaway offers vacation rental management software solutions to property managers and online travel agencies. *Founded* 2015 Helsinki, Canada **$367M** last round Dec 2024
- 5 [**Valsoft** Valsoft Corporation specializes in the acquisition and growth of vertical-market software enterprises.](https://millionrounds.com/company/valsoft) Valsoft Corporation specializes in the acquisition and growth of vertical-market software enterprises. *Founded* 2015 Montréal, Canada **$150M** last round Dec 2024
- 6 [**Phase III Development** Phase III Development is a software engineering company that develops customized solutions for businesses.](https://millionrounds.com/company/phase-iii-development) Phase III Development is a software engineering company that develops customized solutions for businesses. *Founded* 2006 Calgary, Canada **$100M** last round Jan 2010
- 7 [**Visier** Visier is an HR analytics platform that offers cloud-based solutions for workforce analytics and workforce planning.](https://millionrounds.com/company/visier) Visier is an HR analytics platform that offers cloud-based solutions for workforce analytics and workforce planning. *Founded* 2010 Vancouver, Canada **$92M** last round Mar 2017
- 8 [**FreshBooks** FreshBooks is a software company that provides cloud-based accounting software for small and medium-sized businesses.](https://millionrounds.com/company/freshbooks) FreshBooks is a software company that provides cloud-based accounting software for small and medium-sized businesses. *Founded* 2003 Toronto, Canada **$73M** last round Jul 2016
- 9 [**Cerio** Cerio is an innovator in software-defined composable infrastructure, offering a fully distributed platform designed to enhance data center computing for acceler](https://millionrounds.com/company/cerio) Cerio is an innovator in software-defined composable infrastructure, offering a fully distributed platform designed to enhance data center computing for acceler *Founded* 2013 Ottawa, Canada **$48M** last round Dec 2021
- 10 [**Distech Controls** Distech Controls is an energy management solutions company providing management technologies and services for buildings.](https://millionrounds.com/company/distech-controls) Distech Controls is an energy management solutions company providing management technologies and services for buildings. *Founded* 1995 Brossard (Canada) - Lyon (France), Canada **$37M** last round Mar 2013
- 11 [**NewStep Networks** NewStep Networks provides service convergence and fixed-mobile convergence software solutions.](https://millionrounds.com/company/newstep-networks) NewStep Networks provides service convergence and fixed-mobile convergence software solutions. *Founded* 2003 Canada **$31M** last round Jan 2008
- 12 [**GrowForce** GrowForce offers operations, proprietary software and training and project financing services for the cannabis industry.](https://millionrounds.com/company/growforce) GrowForce offers operations, proprietary software and training and project financing services for the cannabis industry. *Founded* 2018 Toronto, Canada **$29M** last round Aug 2018
- 13 [**BlueCat** BlueCat provides core services and solutions that help our customers and their teams deliver change-ready networks.](https://millionrounds.com/company/bluecat) BlueCat provides core services and solutions that help our customers and their teams deliver change-ready networks. *Founded* - Toronto, Canada **$28M** last round Jul 2011
- 14 [**Coreworx** Coreworx, a web-based enterprise software system, enables EPCs and owner-operators to automate best practices and improve performance.](https://millionrounds.com/company/coreworx) Coreworx, a web-based enterprise software system, enables EPCs and owner-operators to automate best practices and improve performance. *Founded* 2005 Kitchener, Canada **$27M** last round Dec 2010
- 15 [**Embotics** Embotics provides virtualization management and private cloud automation solutions to enterprises.](https://millionrounds.com/company/embotics) Embotics provides virtualization management and private cloud automation solutions to enterprises. *Founded* 2006 Kanata, Canada **$25M** last round Jun 2016
- 16 [**Allocadia** Allocadia empowers marketers to run marketing more effectively by providing them with greater control over their marketing investments.](https://millionrounds.com/company/allocadia) Allocadia empowers marketers to run marketing more effectively by providing them with greater control over their marketing investments. *Founded* 2010 Vancouver, Canada **$24M** last round Dec 2015
- 17 [**Coconut Software** Coconut Software is a Saskatoon, Canada-based company that provides a Customer Engagement Platform tailored for banks and credit unions.](https://millionrounds.com/company/coconut-software) Coconut Software is a Saskatoon, Canada-based company that provides a Customer Engagement Platform tailored for banks and credit unions. *Founded* 2007 Saskatoon, Canada **$22M** last round Oct 2021
- 18 [**Meteor Software** Build Full-Stack Javascript Apps with Meteor](https://millionrounds.com/company/meteor-software) Build Full-Stack Javascript Apps with Meteor *Founded* 2011 Victoria, Canada **$22M** last round Jun 2019
- 19 [**NGRAIN** NGRAIN produces 3D computer graphics and tools to create 3D visualizations, applications and simulations.](https://millionrounds.com/company/ngrain) NGRAIN produces 3D computer graphics and tools to create 3D visualizations, applications and simulations. *Founded* 2000 Vancouver, Canada **$22M** last round Jun 2013
- 20 [**Replicon** Replicon's purpose is to assist businesses in successfully capturing, managing, and optimising their most valuable asset, time.](https://millionrounds.com/company/replicon) Replicon's purpose is to assist businesses in successfully capturing, managing, and optimising their most valuable asset, time. *Founded* 1996 Calgary, Canada **$20M** last round Jun 2013
- 21 [**Scaffold**](https://millionrounds.com/company/scaffold) *Founded* - Canada **$17M** last round Sept 2026
- 22 [**BluWave-ai** BluWave-ai is a Canadian clean-tech company based in Ottawa, Ontario, focused on artificial intelligence solutions for the energy sector.](https://millionrounds.com/company/bluwave-ai) BluWave-ai is a Canadian clean-tech company based in Ottawa, Ontario, focused on artificial intelligence solutions for the energy sector. *Founded* 2017 Ottawa, Canada **$16M** last round Nov 2026
- 23 [**Laminar** SRE.ai is an AI-driven platform that specializes in automating DevOps workflows, particularly for low-code environments like Salesforce.](https://millionrounds.com/company/laminar) SRE.ai is an AI-driven platform that specializes in automating DevOps workflows, particularly for low-code environments like Salesforce. *Founded* 2024 San Francisco, Canada **$15M** last round Mar 2026
- 24 [**Innerlogic** Inner Logic is the development framework for the next generation of procedures, from orthopedic implants.](https://millionrounds.com/company/inner-logic) Inner Logic is the development framework for the next generation of procedures, from orthopedic implants. *Founded* - Baltimore, Canada **$12M** last round Jul 2026
- 25 [**Tasktop** Tasktop offers a software platform that allows companies to better manage the process of building their software.](https://millionrounds.com/company/tasktop) Tasktop offers a software platform that allows companies to better manage the process of building their software. *Founded* 2007 Vancouver, Canada **$11M** last round Apr 2017
- 26 [**Covarity** Covarity is a developer of post-origination commercial loan monitoring and analysis solutions for financial institutions.](https://millionrounds.com/company/covarity) Covarity is a developer of post-origination commercial loan monitoring and analysis solutions for financial institutions. *Founded* 2001 Kitchener, Canada **$11M** last round Sept 2010
- 27 [**Interset** Interset is a cybersecurity company founded in 2015 that focuses on security analytics.](https://millionrounds.com/company/interset) Interset is a cybersecurity company founded in 2015 that focuses on security analytics. *Founded* 2015 Ottawa, Canada **$10M** last round Mar 2015
- 28 [**Igloo Software** Igloo Software is the only digital workplace platform that enables a truly connected, collaborative, and engaged frontline and desked workforce.](https://millionrounds.com/company/igloo-software) Igloo Software is the only digital workplace platform that enables a truly connected, collaborative, and engaged frontline and desked workforce. *Founded* 2008 Kitchener, Canada **$9.0M** last round Jan 2012
- 29 [**Yolando** Yolando is a cloud-based SaaS platform launched in 2025, developed by the team behind BirdseyePost.](https://millionrounds.com/company/yolando) Yolando is a cloud-based SaaS platform launched in 2025, developed by the team behind BirdseyePost. *Founded* - Toronto, Canada **$8.5M** last round Jan 2026
- 30 [**Opalis Software** Opalis Software provides comprehensive IT process automation solutions in physical, virtual and cloud infrastructures for enterprises.](https://millionrounds.com/company/opalis-software) Opalis Software provides comprehensive IT process automation solutions in physical, virtual and cloud infrastructures for enterprises. *Founded* 1999 Mississauga, Canada **$8.5M** last round Dec 2005
- 31 [**UXP Systems** UXP Systems is the industry leader in User Lifecycle Management (ULM).](https://millionrounds.com/company/uxp-systems) UXP Systems is the industry leader in User Lifecycle Management (ULM). *Founded* 2011 Toronto, Canada **$8.0M** last round Apr 2015
- 32 [**Drivewyze** Drivewyze provides mobile driving solutions to the transportation industry in North America.](https://millionrounds.com/company/drivewyze) Drivewyze provides mobile driving solutions to the transportation industry in North America. *Founded* 2011 Plano, Canada **$7.5M** last round Jul 2014
- 33 [**Zeligsoft** We provide world-class, adaptive, and non-prescriptive, technology solutions that support a component-oriented approach to the development of embedded software systems.](https://millionrounds.com/company/zeligsoft) We provide world-class, adaptive, and non-prescriptive, technology solutions that support a component-oriented approach to the development of embedded software systems. *Founded* 2002 Canada **$7.3M** last round Jul 2007
- 34 [**Syscon Justice Systems** Syscon Justice Systems offers offender management solutions for jails, offender financials, medical records and business intelligence.](https://millionrounds.com/company/syscon-justice-systems) Syscon Justice Systems offers offender management solutions for jails, offender financials, medical records and business intelligence. *Founded* 1980 New Westminster, Canada **$7.2M** last round Jan 2006
- 35 [**Beyond Compliance** Beyond Compliance helps companies in regulated industries by improving the workflow between field operations and the corporate office.](https://millionrounds.com/company/beyond-compliance) Beyond Compliance helps companies in regulated industries by improving the workflow between field operations and the corporate office. *Founded* 2000 Canada **$7.0M** last round Nov 2007
- 36 [**IntelliCulture** IntelliCulture has a vision to empower farms to grow their operation into a sustainable and profitable business](https://millionrounds.com/company/intelliculture) IntelliCulture has a vision to empower farms to grow their operation into a sustainable and profitable business *Founded* 2018 Salinas, Canada **$6.1M** last round Jun 2024
- 37 [**ResponseTek** ResponseTek Networks provides on-demand customer experience management software solutions for businesses.](https://millionrounds.com/company/responsetek) ResponseTek Networks provides on-demand customer experience management software solutions for businesses. *Founded* 1999 Austin, Canada **$6.0M** last round Jan 2014
- 38 [**Northcore Technologies** Northcore Technologies is a software company developing and commercializing asset life cycle management solutions.](https://millionrounds.com/company/northcore-technologies) Northcore Technologies is a software company developing and commercializing asset life cycle management solutions. *Founded* 1995 Toronto, Canada **$6.0M** last round Jun 2010
- 39 [**TripStack** TripStack is a b2b travel technology company that provides direct flights and the missing itineraries in one search.](https://millionrounds.com/company/tripstack) TripStack is a b2b travel technology company that provides direct flights and the missing itineraries in one search. *Founded* 2016 Toronto, Canada **$6.0M** last round Jun 2018
- 40 [**Intellitix** Intellitix is a global provider of RFID-powered event technology solutions, enhancing live events through a unified platform that integrates cashless payments,](https://millionrounds.com/company/intellitix) Intellitix is a global provider of RFID-powered event technology solutions, enhancing live events through a unified platform that integrates cashless payments, *Founded* 2010 Toronto, Canada **$6.0M** last round Nov 2011
- 41 [**Camilion Solutions** Camilion Solutions is a software company that provides product development and management solutions for its clients.](https://millionrounds.com/company/camilion-solutions) Camilion Solutions is a software company that provides product development and management solutions for its clients. *Founded* 2000 Canada **$5.4M** last round Mar 2003
- 42 [**Hifi Engineering** Hifi Engineering develops robust, high fidelity monitoring systems for the purpose of licensing to oil and gas service companies.](https://millionrounds.com/company/hifi-engineering) Hifi Engineering develops robust, high fidelity monitoring systems for the purpose of licensing to oil and gas service companies. *Founded* 2007 Calgary, Canada **$5.4M** last round Feb 2014
- 43 [**Sofea** Sofea provides customized computer programming services.](https://millionrounds.com/company/sofea) Sofea provides customized computer programming services. *Founded* - Canada **$5.3M** last round Jan 2007
- 44 [**Croptimistic Technology Inc.** Croptimistic Technology Inc.](https://millionrounds.com/company/croptimistic-technology-inc) Croptimistic Technology Inc. *Founded* 2018 Saskatoon, Canada **$5.2M** last round Jun 2021
- 45 [**Jostle** At work, more than ever, we need a place to bring everyone together and help each person succeed.](https://millionrounds.com/company/jostle) At work, more than ever, we need a place to bring everyone together and help each person succeed. *Founded* 2009 Vancouver, Canada **$5.1M** last round Oct 2014
- 46 [**Wysdom** Wysdom is a Canada-based SaaS platform that offers solutions such as conversational AI analytics, and virtual agent implementation for brands.](https://millionrounds.com/company/wysdom) Wysdom is a Canada-based SaaS platform that offers solutions such as conversational AI analytics, and virtual agent implementation for brands. *Founded* 2012 Richmond Hill, Canada **$5.1M** last round Feb 2003
- 47 [**Aimetis** Aimetis, a Senstar company, is a software company offering integrated intelligent video management solutions for security surveillance.](https://millionrounds.com/company/aimetis) Aimetis, a Senstar company, is a software company offering integrated intelligent video management solutions for security surveillance. *Founded* 2003 Canada **$5.0M** last round Mar 2010
- 48 [**Reactiv** Reactiv is an automated mobile app creation platform for companies and developers.](https://millionrounds.com/company/reactiv) Reactiv is an automated mobile app creation platform for companies and developers. *Founded* 2023 Toronto, Canada **$5.0M** last round Oct 2024
- 49 [**IrisCX** IrisCX is a Calgary-based company that offers an AI-powered enterprise video platform designed for remote visual assistance.](https://millionrounds.com/company/iriscx) IrisCX is a Calgary-based company that offers an AI-powered enterprise video platform designed for remote visual assistance. *Founded* 2018 Calgary, Canada **$4.6M** last round Feb 2023
- 50 [**Firmex** Firmex is a global provider of virtual data rooms where more deals, diligence, and compliance gets done.](https://millionrounds.com/company/firmex) Firmex is a global provider of virtual data rooms where more deals, diligence, and compliance gets done. *Founded* 2006 Toronto, Canada **$4.5M** last round May 2008

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed in 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 software 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 software lists

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

[*D* *P* *A* **Software startups in the United States** 1,638 companies · $77B](https://millionrounds.com/top-lists/software-startups-united-states)[*P* *C* *D* **Software startups that raised in 2026** 300 companies · $36B in 2026](https://millionrounds.com/top-lists/software-startups-raised-2026)[*W* *RS* *P* **Software startups in the United Kingdom** 215 companies · $6.9B](https://millionrounds.com/top-lists/software-startups-united-kingdom)[*D* *A* *C* **Software startups in San Francisco** 189 companies · $48B](https://millionrounds.com/top-lists/software-startups-san-francisco)[*P* *C* *D* **Software startups in the United States that raised in 2026** 138 companies · $30B in 2026](https://millionrounds.com/top-lists/software-startups-united-states-raised-2026)[*VD* *D* *JH* **Software startups in New York** 123 companies · $6.7B](https://millionrounds.com/top-lists/software-startups-new-york)[*CS* *HA* *Q* **Software startups in France** 116 companies · $989M](https://millionrounds.com/top-lists/software-startups-france)[*MT* *C* *A* **Software startups founded in 2020** 100 companies · $1.2B](https://millionrounds.com/top-lists/software-startups-founded-2020)

## 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)