69 Best Ai Startups in Toronto to Watch in 2026

The Definitive Seedtable Ranking of Ai Startups in Toronto

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 97 start-ups with an aggregate funding of $2.8b. The average funding per company in this subset is $40.2m.

Last update to the database: Mar 31, 2026. See changelog.

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5

Funding Rounds

$234.6m

Money raised

Tenstorrent is a Canadian artificial intelligence and machine learning technology company specializing in AI architectures focused on scalable deep learning and adaptability.

Location:

Key people:

6

Funding Rounds

$83.3m

Money raised

BenchSci is a biotechnology company with a machine learning platform for researching biological compounds. It was founded in 2015 and is located in Toronto, Canada.

Location:

Key people:

6

Funding Rounds

$190.7m

Money raised

Ada is a brand interaction platform that enables the automation of conversations with customers and employees via an AI-based chatbot.

3

Funding Rounds

$1.1b

Money raised

Waabi is a Toronto-based developer of self-driving technology, including an artificial intelligence-based driverless system and a simulation system to train the AI driver.

Location:

Key people:

6

Funding Rounds

$137.1m

Money raised

Xanadu is a company developing quantum computing and artificial intelligence technologies.

Location:

Key people:

1

Funding Rounds

$5.0m

Money raised

ArenaX Labs is a company that specializes in game development.

Location:

Key people:

1

Funding Rounds

$7.0m

Money raised

BlueDot is a Toronto-based AI company that tracks, contextualizes and anticipates infectious disease risks. Their products aim to help governments, hospitals and businesses protect employees and customers.

Key people:

3

Funding Rounds

$65.0m

Money raised

Validere is an artificial Intelligence company founded by Nouman Ahmad.

Location:

Key people:

4

Funding Rounds

$28.8m

Money raised

InteraXon develops and produces brain-sensing technology such as the Muse headband, an EEG device that interprets mental activity and aims to help with meditation and promote calmness.

Location:

Key people:

2

Funding Rounds

$9.0m

Money raised

Artificial intelligence company specializing in big data analysis of scientific and technical literature.

1

Funding Rounds

$115.0k

Money raised

NuraLogix is a Toronto-based company developing an affective artificial intelligence for facial blood flow information from the human face. The company was founded in 2015 by Marzio Pozzuoli and Kang Lee.

Location:

Key people:

3

Funding Rounds

$28.2m

Money raised

A company that has created a platform where voice speakers, like Alexa or Siri, can be designed and launched without the user needing knowledge of coding. It was founded in 2018 and is located in San Francisco, California.

Key people:

1

Funding Rounds

42 Technologies Inc. is a cloud-based business-to-business predictive analytics platform for retailers. It consolidates point of sale data to allow retailers to leverage data across various platforms and more easily identify key trends among customers and sales.

1

Funding Rounds

$1.1m

Money raised

Invision AI is an image recognition and video monitoring company using machine learning to analyze existing data points and improve motion detection systems. The company is headquartered in Toronto, Canada and was founded in 2015.

Location:

Key people:

4

Funding Rounds

$43.5m

Money raised

SnapTravel is an online hotel and flight booking company founded in 2016 by Henry Shi.

Key people:

4

Funding Rounds

$41.5m

Money raised

Flybits Inc. is a company that has the mission to bring meaning and wisdom to the data that surrounds every customer, inspiring them to live their lives.

Industries:

Key people:

1

Funding Rounds

NetraMark is a Toronto-based machine learning software company founded by Joseph Geraci in 2015.

6

Funding Rounds

$64.5m

Money raised

Tealbook empowers procurement teams with a platform that leverages advanced AI to deliver better visibility, increased accuracy and effortless analytics across the supplier base.

1

Funding Rounds

$20.0m

Money raised

Resolver's Integrated Risk Management platform helps plan and prepare your organization to limit the likeliness or impact of security risk and compliance events from occurring.

3

Funding Rounds

$45.0m

Money raised

Rubikloud is an AI-based retail analytics company. The company was acquired by Kinaxis in July 2020.

6

Funding Rounds

$112.6m

Money raised

ecobee is a Toronto-based developer of WiFi enabled thermostats for residential and commercial applications.

1

Funding Rounds

$35.0m

Money raised

Peak Power is the developer of an AI-based energy optimization software designed to serve building owners, project developers, and utilities.

1

Funding Rounds

A financial platform that aids users in understanding personal finances of advanced currencies, such as cryptocurrencies. It is located in Toronto, Canada and was founded in 2017.

4

Funding Rounds

$36.4m

Money raised

PartnerStack (formerly GrowSumo) enables companies to leverage partnerships in order to grow revenue, increase distribution, and go to market quicker and more efficiently. The fastest growing software companies in the world like Asana, Drift, Freshworks, and Intuit use PartnerStack to power their reseller, marketing, and referral partner programs.

Key people:

4

Funding Rounds

$20.3m

Money raised

Roofr is a Toronto-based company developing sales tools for roofers.

Key people:

1

Funding Rounds

$3.8m

Money raised

A visual search and 3D real-world product recognition platform.

3

Funding Rounds

$87.2k

Money raised

Chillwall AI is a Deep Learning company.

Key people:

2

Funding Rounds

$160.0k

Money raised

Fortuna.ai is an AI company specialized in delivering financial services for organizations.

Key people:

2

Funding Rounds

$1.1m

Money raised

Vantage Analytics is a data analytics company helping retail businesses achieve greater revenue growth.

Key people:

2

Funding Rounds

$120.0k

Money raised

SharpestMinds is an e-learning platform that connects businesses and companies to top emerging STEM students.

Location:

Key people:

2

Funding Rounds

$11.0m

Money raised

CrowdRiff is a company founded in 2011 by Dan Holowack.

Location:

Key people:

2

Funding Rounds

$8.5m

Money raised

Naborly is a tenant screening software company based in Toronto founded in 2016 by Anastasia Fox.

2

Funding Rounds

$15.4m

Money raised

Odaia is a Toronto-based software development company providing an AI-powered predictive analytics platform for the healthcare industry.

5

Funding Rounds

$7.1m

Money raised

AI-driven generative engine optimization platform for ecommerce brands

Location:

Key people:

5

Funding Rounds

$20.6m

Money raised

Canvass AI is a Toronto, Ontario-based software development company building an AI platform for the industrial sector.

Location:

Key people:

2

Funding Rounds

$1.8m

Money raised

Sleek is a Toronto-based software company developing a browser extension allowing for 1-click checkout from online e-commerce websites.

1

Funding Rounds

$1.5m

Money raised

Pitstop is a Toronto, Ontario based company offering a predictive analytics platform for vehicle maintenance.

7

Funding Rounds

$24.5m

Money raised

Cyclica is a data analysis for drug discovery founded in 2003 by Jason Mitakidis.

11

Funding Rounds

$12.1m

Money raised

WeavAir is a Toronto-based developer of solutions for indoor air problems using predictive artificial intelligence, sensors and blockchain technology.

3

Funding Rounds

$13.7m

Money raised

Drone Delivery Canada is a Vaughan, Nova Scotia-based company technology company that specializes in drone operations and Delivery services within Canada founded in 2014.

2

Funding Rounds

$46.6m

Money raised

Swift Medical is a Toronto, Canada-based software development company providing a digital wound care management platform.

1

Funding Rounds

$5.2m

Money raised

NextAI is a company founded in 2010 by Ajay Agrawal.

2

Funding Rounds

$11.2m

Money raised

Private AI is a company that is developing natural language processing tools and privacy-preserving machine learning tools.

Location:

Key people:

4

Funding Rounds

$8.0m

Money raised

Phenomic AI is a Toronto-based company.

Location:

Key people:

1

Funding Rounds

$10.0m

Money raised

Operant AI shields every layer of modern applications, from Infra to APIs. Within minutes of a single-step deployment, Operant provides full-stack security visibility and runtime controls, blocking a wide range of common and critical attacks including data exfiltration, data poisoning, zero day vulns, lateral movement.

Key people:

4

Funding Rounds

$4.5m

Money raised

SortSpoke is an company developing a cloud-based extraction tool that uses artificial Intelligence and machine learning to assist companies in turning documents into data.

Location:

Key people:

1

Funding Rounds

$4.2m

Money raised

A company making voice recognition products capable of detecting cognitive decline and cognitive impairment based on samples of speech.

5

Funding Rounds

$25.0m

Money raised

Resemble AI is a Toronto-based artificial intelligence company providing synthetic media tools for the production of realistic speech synthesis.

1

Funding Rounds

$3.0m

Money raised

Ideal is an artificial Intelligence company founded in 2014 by Somen Mondal.

4

Funding Rounds

$49.5m

Money raised

Integrate.ai is a software company that has developed its Trusted Signals Network (TSN) to share signals from different companies for the purpose of data analytics.

2

Funding Rounds

$4.5m

Money raised

Adeptmind is a company founded in 2016 by Jing He.

1

Funding Rounds

$150.0k

Money raised

A company making quantum computers with hybrid quantum technology.

2

Funding Rounds

$1.3m

Money raised

Citilytics, previously WatrHub, is a software development company providing predictive intelligence on local utility and public infrastructure markets.

Key people:

1

Funding Rounds

$2.0m

Money raised

Clik.ai is a company founded in 2017 by Parag Goswami.

Location:

Key people:

1

Funding Rounds

$2.0m

Money raised

Verto Health is an Ontario, Canada-based software development company offering a digital twin orchestration platform to facilitate personalized patient care for hospitals, health systems, clinics, labs, and administrators.

1

Funding Rounds

Panorama is a Toronto-based company founded in 1993 by Rony Ross.

Location:

Key people:

2

Funding Rounds

$360.5k

Money raised

Hypercontext is a Toronto-based software company developing tools for team collaboration, including tools intended to streamline meetings and goals into a workflow.

2

Funding Rounds

$4.1m

Money raised

Senso is a fintech startup that uses AI to provide financial institutions with recommendations on how to strengthen client relationships.

3

Funding Rounds

$11.9m

Money raised

ScribbleLive is a company founded in 2009.

1

Funding Rounds

$50.0m

Money raised

Kira Systems provides an AI-powered analytics software solution for applications in document review, general data extraction and more.

4

Funding Rounds

$94.8m

Money raised

Analytics 4 Life is a Toronto-based company developing a cardiac diagnostic platform.

Location:

Key people:

2

Funding Rounds

$478.5k

Money raised

Groundlevel Insights Inc. is a software company located in Ontario.

Location:

Key people:

1

Funding Rounds

$575.0k

Money raised

Phaseshift is a company that develops novel high performance alloys.

Location:

Key people:

2

Funding Rounds

$3.6m

Money raised

Atomic Reach is a company founded in 2012.

1

Funding Rounds

$80.0k

Money raised

CogniFrame is a company offering classical machine learning and quantum optimization to help financial institutions improve their return on assets.

Location:

Key people:

1

Funding Rounds

$2.0m

Money raised

Qindom is a quantum intelligence research and solution service provider.

1

Funding Rounds

Artificial Intelligence company

2

Funding Rounds

$300.0k

Money raised

Deep Biologics is a company that uses AI-based methods to resolve the bottlenecks in developing efficacious biologics.

5

Funding Rounds

$12.0m

Money raised

CrowdCare is a company that relaunched as Wysdom.

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