Top list · Toronto
Startups in Toronto
622 startups in Toronto have raised money in rounds we track. These are the 50 that have raised the most, $22B between them.
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CohereCohere is a Canadian multinational artificial intelligence company founded in 2019, specializing in foundational large language models (LLMs) and enterprise AI 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 2026 - 2
Hut 8 Corp.Hut 8 Corp.Hut 8 Corp.
Founded -Toronto, Canada$4.3Blast round Jun 2026 - 3
Aypa PowerAypa Power builds, owns, and manages large-scale renewable energy projects to enhance grid stability and reduce dependency on fossil fuels.Aypa Power builds, owns, and manages large-scale renewable energy projects to enhance grid stability and reduce dependency on fossil fuels.
Founded -Toronto, Canada$2.0Blast round Mar 2026 - 4
WealthsimpleWealthsimple for Advisors focuses on providing simple and insightful, technology-enabled solutions to advisors and financial planners.Wealthsimple for Advisors focuses on providing simple and insightful, technology-enabled solutions to advisors and financial planners.
Founded 2014Toronto, Canada$1.2Blast round Oct 2026 - 5
WaabiWaabi is an artificial intelligence company based in Toronto, Canada, specializing in autonomous self-driving technology for long-haul trucking.Waabi 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 2026 - 6
Cordelio PowerCordelio Power is a power producer that is involved in the development, ownership and management of an array of renewable power facilities.Cordelio Power is a power producer that is involved in the development, ownership and management of an array of renewable power facilities.
Founded 2018Toronto, Canada$548Mlast round Nov 2025 - 7
Beacon SoftwareBeacon acquires and grows essential businesses.Beacon acquires and grows essential businesses.
Founded -Toronto, Canada$475Mlast round Jun 2026 - 8
Converge Technology SolutionsConverge Technology Solutions is an IT company that offers cybersecurity, AI, advanced analytics, and digital infrastructure services.Converge Technology Solutions is an IT company that offers cybersecurity, AI, advanced analytics, and digital infrastructure services.
Founded 2017Toronto, Canada$469Mlast round Jul 2022 - 9
FlexitiFlexiti is a Canadian fintech company.Flexiti is a Canadian fintech company.
Founded 2013Toronto, Canada$414Mlast round Dec 2021 - 10
Brim FinancialBrim Financial is a provider of a credit card infrastructure and digital platform used in users' payment experience.Brim Financial is a provider of a credit card infrastructure and digital platform used in users' payment experience.
Founded 2015Toronto, Canada$363Mlast round Dec 2025 - 11
Generation MiningGeneration Mining is a mineral development company that focuses on zinc and molybdenum projects in Canada.Generation Mining is a mineral development company that focuses on zinc and molybdenum projects in Canada.
Founded 2018Toronto, Canada$311Mlast round Jun 2026 - 12
Triple Flag Precious MetalsTriple Flag operates as a streaming and royalty company that provides financing solutions to the mining industry.Triple Flag operates as a streaming and royalty company that provides financing solutions to the mining industry.
Founded 2016Toronto, Canada$300Mlast round May 2026 - 13
Blue JBlue J is a Toronto-based enterprise software company founded in 2015, specializing in generative AI-powered tax research.Blue J is a Toronto-based enterprise software company founded in 2015, specializing in generative AI-powered tax research.
Founded 2015Toronto, Canada$298Mlast round Nov 2026 - 14
Discovery SilverDiscovery Silver mainly engages in developing silver deposits.Discovery Silver mainly engages in developing silver deposits.
Founded 2017Toronto, Canada$250Mlast round Sept 2025 - 15
Peakhill CapitalPeakhill is a commercial real estate firm that provides commercial mortgages and financing services.Peakhill is a commercial real estate firm that provides commercial mortgages and financing services.
Founded 2019Toronto, Canada$248Mlast round Jul 2026 - 16
StackAdaptStackAdapt is a multi-channel programmatic advertising platform, offering native, display, video, CTV and audio ad buying.StackAdapt is a multi-channel programmatic advertising platform, offering native, display, video, CTV and audio ad buying.
Founded 2014Toronto, Canada$236Mlast round Feb 2025 - 17
ClearcoClearco is an online financial platform that provides growth capital to e-commerce and B2B companies.Clearco is an online financial platform that provides growth capital to e-commerce and B2B companies.
Founded 2015Toronto, Canada$200Mlast round Aug 2026 - 18
1Password1Password is a leader in cybersecurity and password management, founded in 2005 by Dave Teare and Roustem Karimov.1Password is a leader in cybersecurity and password management, founded in 2005 by Dave Teare and Roustem Karimov.
Founded 2005Toronto, Canada$200Mlast round Nov 2019 - 19
Deep GenomicsDeep Genomics is using artificial intelligence to build a new universe of life-saving genetic therapies.Deep Genomics is using artificial intelligence to build a new universe of life-saving genetic therapies.
Founded 2014Toronto, Canada$197Mlast round Jul 2021 - 20
theScoretheScore creates mobile-first sports experiences through real-time news, scores, fantasy information, and alerts.theScore creates mobile-first sports experiences through real-time news, scores, fantasy information, and alerts.
Founded 2012Toronto, Canada$186Mlast round Mar 2021 - 21
QuickPlay MediaQuickPlay Media is a cloud-based platform providing managed services for the distribution of multi-screen video to IP-connected devices.QuickPlay Media is a cloud-based platform providing managed services for the distribution of multi-screen video to IP-connected devices.
Founded 2003Toronto, Canada$184Mlast round Mar 2015 - 22
Float FinancialFloat offers a corporate card and spend management solution that allows corporate cards, reimbursements, approvals, and invoices management.Float offers a corporate card and spend management solution that allows corporate cards, reimbursements, approvals, and invoices management.
Founded 2019Toronto, Canada$183Mlast round Jun 2026 - 23
Dental CorpTargetScore surfaces company intelligence and contact data for sales development processes.TargetScore surfaces company intelligence and contact data for sales development processes.
Founded 2011Toronto, Canada$171Mlast round Nov 2024 - 24
TaalasTaalas is creating a platform for quickly turning any AI model into custom silicon.Taalas is creating a platform for quickly turning any AI model into custom silicon.
Founded 2023Toronto, Canada$169Mlast round Feb 2026 - 25
TailscaleTailscale is a technology company founded in 2019 by former Google engineers, including CEO Avery Pennarun.Tailscale is a technology company founded in 2019 by former Google engineers, including CEO Avery Pennarun.
Founded 2019Toronto, Canada$161Mlast round Apr 2025 - 26
Untether AIUntether AI develops AI chips to enable new frontiers in AI applications.Untether AI develops AI chips to enable new frontiers in AI applications.
Founded 2018Toronto, Canada$158Mlast round Jul 2021 - 27
BiossilBiossil is an AI-native biopharma company located in Toronto, Canada.Biossil is an AI-native biopharma company located in Toronto, Canada.
Founded 2023Toronto, Canada$153Mlast round Sept 2026 - 28
Top HatTop Hat is a private educational technology company based in Toronto, Ontario, founded in 2009.Top Hat is a private educational technology company based in Toronto, Ontario, founded in 2009.
Founded 2009Toronto, Canada$151Mlast round Apr 2019 - 29
RIV CapitalRIV Capital is a venture capital firm specializing in cannabis.RIV Capital is a venture capital firm specializing in cannabis.
Founded -Toronto, Canada$150Mlast round Aug 2021 - 30
Cyclic MaterialsCyclic Materials is a cleantech company based in Kingston, Ontario, Canada, with a significant presence in Toronto.Cyclic Materials is a cleantech company based in Kingston, Ontario, Canada, with a significant presence in Toronto.
Founded 2021Toronto, Canada$150Mlast round Aug 2026 - 31
ecobeeEcobee is a provider of Wi-Fi enabled smart thermostats for residential and commercial applications.Ecobee is a provider of Wi-Fi enabled smart thermostats for residential and commercial applications.
Founded 2007Toronto, Canada$148Mlast round May 2018 - 32
New Found Gold Corp.New Found Gold Corp.New Found Gold Corp.
Founded 2015Toronto, Canada$134Mlast round Apr 2026 - 33
Cadillac MinesCadillac Mines is a privately held Canadian mining firm run by a diversified and experienced team of specialists.Cadillac Mines is a privately held Canadian mining firm run by a diversified and experienced team of specialists.
Founded -Toronto, Canada$130Mlast round Jul 2026 - 34
Prodigy EducationProdigy Education is a Canadian educational technology company founded in 2011, focusing on game-based learning to foster a love for math and English among students.Prodigy Education is a Canadian educational technology company founded in 2011, focusing on game-based learning to foster a love for math and English among students.
Founded 2011Toronto, Canada$125Mlast round Jan 2021 - 35
Wattpad"Salticid" Scifi Short Story on Wattpad in 3 parts."Salticid" Scifi Short Story on Wattpad in 3 parts.
Founded 2006Toronto, Canada$118Mlast round Jan 2018 - 36
Kepler CommunicationsKepler Communications is a satellite communications company.Kepler Communications is a satellite communications company.
Founded 2015Toronto, Canada$108Mlast round Apr 2023 - 37
SiriusXM CanadaSiriusXM Canada is a Canadian radio channel broadcasting satellite radio channels featuring premier sports, news, entertainment, and more.SiriusXM Canada is a Canadian radio channel broadcasting satellite radio channels featuring premier sports, news, entertainment, and more.
Founded 2005Toronto, Canada$105Mlast round May 2013 - 38
AmityAmity is a technology company based in Toronto, specializing in Customer Success Software delivered as a cloud-native SaaS platform.Amity 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 2026 - 39
IonikIonik is a performance marketing technology company providing integrated advertising solutions.Ionik is a performance marketing technology company providing integrated advertising solutions.
Founded -Toronto, Canada$100Mlast round Jun 2026 - 40
BenchSciBenchSci is a Toronto-based software company that specializes in AI-driven solutions for life sciences and drug discovery.BenchSci is a Toronto-based software company that specializes in AI-driven solutions for life sciences and drug discovery.
Founded 2015Toronto, Canada$98Mlast round May 2023 - 41
CoinsquareCoinsquare is Canada’s trusted platform to buy, sell, & trade Bitcoin, Ethereum, & more, access real-time crypto trading on Canada’s leading cryptocurrency exchange.Coinsquare is Canada’s trusted platform to buy, sell, & trade Bitcoin, Ethereum, & more, access real-time crypto trading on Canada’s leading cryptocurrency exchange.
Founded -Toronto, Canada$95Mlast round Feb 2021 - 42
PointClickCarePointClickCare develops web-based products and services to help long-term care providers manage the complete lifecycle of resident care.PointClickCare develops web-based products and services to help long-term care providers manage the complete lifecycle of resident care.
Founded 1995Toronto, Canada$85Mlast round Feb 2017 - 43
Kinterra CapitalKinterra Capital is a private equity firm focused on investing in the critical metals required to advance the energy transition.Kinterra Capital is a private equity firm focused on investing in the critical metals required to advance the energy transition.
Founded -Toronto, Canada$80Mlast round Sept 2025 - 44
IdeogramIdeogram is an artificial intelligence company based in Toronto, Ontario, specializing in generative media, particularly text-to-image models.Ideogram is an artificial intelligence company based in Toronto, Ontario, specializing in generative media, particularly text-to-image models.
Founded 2022Toronto, Canada$80Mlast round Feb 2024 - 45
KoboKobo offers an open platform for e-reading.Kobo offers an open platform for e-reading.
Founded 2009Toronto, Canada$79Mlast round Mar 2011 - 46
LeagueLeague is a platform technology company powering next-generation healthcare consumer experiences.League is a platform technology company powering next-generation healthcare consumer experiences.
Founded 2014Toronto, Canada$76Mlast round Feb 2025 - 47
SecureKey TechnologiesSecureKey is the identity and authentication service provider that gives consumers secure and convenient access to critical online services.SecureKey is the identity and authentication service provider that gives consumers secure and convenient access to critical online services.
Founded 2008Toronto, Canada$76Mlast round Feb 2015 - 48
FreshBooksFreshBooks is a software company that provides cloud-based accounting software for small and medium-sized businesses.FreshBooks is a software company that provides cloud-based accounting software for small and medium-sized businesses.
Founded 2003Toronto, Canada$73Mlast round Jul 2016 - 49
Clifton BlakeClifton Blake Boutique Toronto-based private equity real estate asset manager.Clifton Blake Boutique Toronto-based private equity real estate asset manager.
Founded 2013Toronto, Canada$73Mlast round Aug 2025 - 50
LendifiedLendified is a leading online lender based in Toronto, Canada, specializing in providing fast and affordable capital to small businesses.Lendified is a leading online lender based in Toronto, Canada, specializing in providing fast and affordable capital to small businesses.
Founded 2015Toronto, Canada$71Mlast round Apr 2019
Toronto, CanadaEvery startup we hold in Toronto, ranked by the total it has raised in rounds we hold. Nobody pays to be on a list.
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