69 Best Startups in Canada to Watch in 2025

The Definitive Seedtable Ranking of Startups in Canada

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 2,320 start-ups with an aggregate funding of $10.8b. The average funding per company in this subset is $156.8m.

Last update to the database: Feb 18, 2025. See changelog.

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9

Funding Rounds

$570.0m

Money raised

Dialpad is a San Francisco-headquartered business communications platform company.

1

Funding Rounds

$9.0m

Money raised

Tendermint is now Ignite. Tendermint was the core contributor to the Cosmos blockchain network.

1

Funding Rounds

$500.0k

Money raised

BrainStation offers full-time and part-time courses in data science, design, development, marketing, cyber security and product in New York City, Miami, London, Toronto, Vancouver, and through an Online Live platform.

2

Funding Rounds

$17.0m

Money raised

Zapper is an interface for managing DeFi assets and liabilities.

1

Funding Rounds

$60.0m

Money raised

5

Funding Rounds

$236.7m

Money raised

A genetic medicine company that build data platforms using synthetic biology, artificial intelligence and genetic medicine for the development of medical therapies.

6

Funding Rounds

$722.0m

Money raised

Cerebras is an AI company building computer systems designed to accelerate AI workflows.

7

Funding Rounds

$165.1m

Money raised

Figment is a blockchain infrastructure and software provider.

9

Funding Rounds

$1.5b

Money raised

Faire is a curated boutique wholesale marketplace connecting local retailers with thousands of emerging and established brands.

7

Funding Rounds

$612.4m

Money raised

Dapper Labs is a software developer that creates blockchain-based video games and platforms.

6

Funding Rounds

$21.8m

Money raised

A software company offering a low-code development platform for creating mobile business forms.

1

Funding Rounds

$1.0m

Money raised

Applied Voice & Speech Technologies, Inc. (AVST) is a privately held software company headquartered in Orange County, California. It specializes in developing business communications solutions focusing on medium to large enterprise, government, higher education, healthcare, and hospitality markets.

4

Funding Rounds

$60.7m

Money raised

Vidyard is a company providing a video marketing platform for businesses. It participated in the S11 cohort of Y Combinator.

4

Funding Rounds

$165.0m

Money raised

Elastic is a software company that creates products for searching for information on the Internet. It was founded in 2012 and is headquartered in San Francisco and Amsterdam.

7

Funding Rounds

$81.3m

Money raised

Kepler Communications is a company that has a focus on satellite production and communication networks.

9

Funding Rounds

$177.9m

Money raised

Pyrowave is a company founded by Jocelyn Doucet, Jamal Chaouki, and Jean-Philippe Laviolette.

8

Funding Rounds

$251.1m

Money raised

H2O.ai is the creator of H2O, an open-source machine learning and artificial intelligence platform.

2

Funding Rounds

$7.0m

Money raised

P2E game build on Solana blockchain. Grab your mask and start your journey - level up from card strategy battle game to full MMO glory!

4

Funding Rounds

$263.3m

Money raised

LayerZero is an omnichain interoperability protocol that unites decentralized applications (dapps) across disparate blockchains

1

Funding Rounds

A Canadian food biotech company focused on the development of hypoallergenic peanuts

14

Funding Rounds

$229.5m

Money raised

General Fusion pursues a fast, efficient, and collaborative path to practical fusion power. We are completing an aggressive development plan to deliver economical carbon-free fusion energy with our proprietary Magnetized Target Fusion technology by the 2030s.

Key people:

3

Funding Rounds

$50.0m

Money raised

imToken is a company providing a multi-chain cryptocurrency wallet.

9

Funding Rounds

$899.3m

Money raised

Arctic Wolf Networks provides a cybersecurity platform that executes risk management and task analysis using machine learning.

2

Funding Rounds

$2.5m

Money raised

Tanaza is a Milan-based software company developing a cloud platform for IT professionals to manage Wi-Fi networks.

11

Funding Rounds

$185.7m

Money raised

D-Wave Systems is a Canadian company that designs and manufactures quantum computing and superconducting electronics, and AI software.

3

Funding Rounds

$5.4m

Money raised

Metaspectral is a Canadian start-up developing computer vision software that can process hyperspectral data in real time using artificial intelligence.

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.

1

Funding Rounds

$600.0k

Money raised

Decentralized Cloud AggregatorFirst to Market Decentralized Storage Aggregator for Web 3.0

Location:

9

Funding Rounds

$93.5m

Money raised

Hiber is an Amsterdam-based satellite IoT network provider offering global connectivity through the company's Hiberband network.

2

Funding Rounds

$365.0m

Money raised

Ligado is developing solutions for reliable and secure 5G mobile private networks.

8

Funding Rounds

$474.5m

Money raised

Trulioo is a Vancouver-based company offering an electronic identity verification platform.

1

Funding Rounds

Doxim is a Markham, Ontario-based customer communications and engagement technology software development company focused on providing omnichannel communications and payment solutions for the financial services industry.

3

Funding Rounds

$80.0m

Money raised

Kindred AI is a company founded in 2014 by George Babu, Geordie Rose, James Bergstra and Suzanne Gildert.

1

Funding Rounds

$3.0m

Money raised

Airwaive is an online marketplace that connects wireless service providers with home and business owners who earn an income operating wireless access points.

3

Funding Rounds

$168.5m

Money raised

D2L is a provider of elearning solutions founded by John Baker that uses the Brightspace learning management platform.

7

Funding Rounds

$428.8m

Money raised

Aiven is a company that offers a managed open-source and multi-cloud data platform.

8

Funding Rounds

$362.8m

Money raised

Docker provides an open-source project for deploying applications inside software containers.

4

Funding Rounds

$163.9m

Money raised

Celestial AI is a machine learning (ML) accelerator company developing the Photonic Fabric platform, an optical interconnect technology for memory and compute.

4

Funding Rounds

$27.0m

Money raised

Grow is a SMB BI Saas company headquartered in Utah.

1

Funding Rounds

Cryptocurrency company

2

Funding Rounds

$16.3m

Money raised

Mimik is a developer of hybrid edge cloud computing applications.

6

Funding Rounds

$39.6m

Money raised

Multiverse Computing is a Spanish startup developing quantum and AI business solutions.

$350.0m

Money raised

Impetus is a company providing a business intelligence enterprise software platform for unifying and presenting business data.

5

Funding Rounds

$77.8m

Money raised

Wave Financial is a Toronto-based financial services and accounting software company.

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.

1

Funding Rounds

$1.0m

Money raised

Increment is a decentralized money market and liquidity engine on Flow blockchain.

2

Funding Rounds

$24.1m

Money raised

Bridgit is a company that creates contextual information for ideas on the web, and has stated aims to strengthen users’ ability to identify fake posts and false news.

5

Funding Rounds

$2.5m

Money raised

A company offering a platform for privacy and security for quantum cloud computing.

4

Funding Rounds

$167.0m

Money raised

League is a digital health benefits provider.

2

Funding Rounds

$21.1m

Money raised

LeadCold is a company developing lead-cooled small nuclear reactor technology founded in 2013 by Janne Wallenius, Jesper Ejenstam and Peter Szakalos.

2

Funding Rounds

$83.5m

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.

5

Funding Rounds

$40.7m

Money raised

Terrestrial Energy is developing molten salt nuclear reactors.

2

Funding Rounds

$765.0k

Money raised

Obie was an AI agent that could answer frequently asked questions by accessing tools like Confluence, Google Drive, Jira, Dropbox, etc.

4

Funding Rounds

$148.5m

Money raised

InfStones is a blockchain staking and infrastructure platform that aims to make Web3 ecosystems more accessible.

6

Funding Rounds

$161.3m

Money raised

Svante is a Burnaby-based manufacturer of carbon capture technology to collect CO2 at its sources.

8

Funding Rounds

$204.9m

Money raised

A company that has designed software with scheduling and communication tools for restaurants. It was founded in 2014 and is located in Saskatoon, Ontario.

1

Funding Rounds

Steelhead LNG is a Vancouver-based energy company focused on LNG project development in British Columbia.Our experience includes guiding some of the world's leading energy companies and projects with commercial and technicalexpertise that spans the entire LNG value chain.

5

Funding Rounds

$10.1m

Money raised

A full-stack neural interface company. BIOS is creating a hardware and software interface between the human nervous system and AI with the aim of developing AI-based neural treatments that recreate neural signal patterns capable of affecting the health of a person.

4

Funding Rounds

$217.0m

Money raised

Top Hat is a company founded by Mike Silagadze. Top Hat produces software aimed at increasing engagement in students. The software allows users to integrate videos and graphics and customize interactive textbooks.

4

Funding Rounds

$258.3m

Money raised

An artificial Intelligence company making a business intelligence platform.

4

Funding Rounds

$32.5m

Money raised

Kaloom is a Canadian company making cloud-native network software for edge data centers.

2

Funding Rounds

$10.5m

Money raised

Canadian Securities Exchange is an alternative stock exchange located in Toronto, Canada founded in 2002.

2

Funding Rounds

$120.0k

Money raised

Avro is a life sciences company, located in Canada and founded in 2016 by Shakir Lakhani and Keean Waterloo, Ontario, that makes skin patches capable of delivering generic drugs.

3

Funding Rounds

$26.8m

Money raised

ISARA is a company developing quantum computer resistant software products founded in 2015 by Scott Totzke.

6

Funding Rounds

$137.1m

Money raised

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

3

Funding Rounds

$31.3m

Money raised

A software company with a platform for insights into aquaculture and how it affects the seafood industry. It was founded in 2012 and is located in Quebec, Canada.

2

Funding Rounds

$3.5m

Money raised

SkyChain Technologies Inc. is a Vancouver-based company.

2

Funding Rounds

$9.3m

Money raised

Novisto provides an ERP platform for companies to aid them with ESG strategy, data, and reporting.

4

Funding Rounds

Because Animals is a pet food and cellular agriculture technology company founded in 2016 by Shannon Falconer and Joshua Erret, and is located in Philadelphia, Pennsylvania. Because Animals makes 100% animal-free pet foods, treats, and supplements.

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