67 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 915 start-ups with an aggregate funding of $8.3b. The average funding per company in this subset is $123.9m.

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

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7

Funding Rounds

$165.1m

Money raised

Figment is a blockchain infrastructure and software provider.

Location:

Key people:

7

Funding Rounds

$612.4m

Money raised

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

Location:

Key people:

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.

Key people:

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!

3

Funding Rounds

$50.0m

Money raised

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

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:

1

Funding Rounds

$600.0k

Money raised

Decentralized Cloud AggregatorFirst to Market Decentralized Storage Aggregator for Web 3.0

Location:

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.

Location:

Key people:

4

Funding Rounds

$27.0m

Money raised

Grow is a SMB BI Saas company headquartered in Utah.

1

Funding Rounds

Cryptocurrency 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.

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.

Location:

Key people:

5

Funding Rounds

$2.5m

Money raised

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

Key people:

4

Funding Rounds

$167.0m

Money raised

League is a digital health benefits provider.

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.

6

Funding Rounds

$161.3m

Money raised

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

Key people:

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.

Location:

Key people:

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.

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.

Location:

Key people:

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.

4

Funding Rounds

$53.3m

Money raised

Horizon's Sequence platform will provide a scalable Ethereum architecture for third-parties to build and launch decentralized games that are provably fair, enable true digital ownership, and that reward activity by players on the network.

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:

1

Funding Rounds

$1.8m

Money raised

ImStar Therapeutics is company developing treatments for ALS, dementia, and other neurodegenerative diseases.

2

Funding Rounds

$20.9m

Money raised

A software company that makes a cloud-based design review and issue tracking platform, specifically for manufacturing teams. The company was founded in 2017 and is located in St. John's, Newfoundland and Labrador, Canada.

Key people:

10

Funding Rounds

$138.6m

Money raised

Mojio is the leading open platform for connecting cars and providing an expanding marketplace of apps and services that provide accurate, near real-time information about what's happening under the hood.

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:

11

Funding Rounds

$319.4m

Money raised

Wearable device company founded in 2012 based in Kitchener, Ontario, Canada. The company was previously called Thalmic and changed their name to North in 2018.

Key people:

2

Funding Rounds

$6.0m

Money raised

Helios Wire was a Vancouver-based satellite-enabled machine to machine and internet of things connectivity developer.

5

Funding Rounds

$45.0m

Money raised

Transit is a planning mobile application that is designed to help drivers navigate through 200+ cities.

Key people:

3

Funding Rounds

$3.5m

Money raised

Kiite is a company making a knowledge management platform founded by Derek Hall, Joseph Fung and Donna Litt.

Key people:

10

Funding Rounds

$14.4m

Money raised

Carbon capture and storage company founded in 2007 and based in Dartmouth, Nova Scotia, Canada. CarbonCure Technologies Inc. provides carbon dioxide sequestering technology to concrete plants in a system for recycling carbon dioxide waste from industrial emitters and incorporating it into concrete products.

2

Funding Rounds

$18.8m

Money raised

ChainSafe Systems is a blockchain company founded in 2017.

9

Funding Rounds

$2.5b

Money raised

A software company offering a platform for international students to find and apply to top universities.

Key people:

1

Funding Rounds

$10.0m

Money raised

Sol Cuisine is a food company manufacturing vegetarian, vegan, gluten-free, organic, non-GMO, and fresh meat alternatives. The company was founded by Dror Balshine in 1980 and is located in Mississauga, Ontario, Canada.

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:

5

Funding Rounds

$81.0m

Money raised

Bench is a company founded in 2012 by Jordan Menashy, Pavel Rodionov, Adam Saint and Ian Crosby.

2

Funding Rounds

$11.9m

Money raised

Strike Graph is a compliance SaaS solution simplifying cyber security certifications.

Location:

Key people:

5

Funding Rounds

$383.0m

Money raised

OpenWeb, previously known as Spot.IM, is a conversation platform intended for publishers to start meaningful user discussions.

4

Funding Rounds

$83.0m

Money raised

Klue is a Vancouver-based artificial intelligence company offering a competitive enablement platform that automates the collection of competitor and market intelligence.

Location:

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.

2

Funding Rounds

$13.7m

Money raised

Shabodi offers an application enablement platform (AEP) for enterprises, system integrators, and telecommunication providers, allowing them to build custom applications on advanced LTE and 5G networks.

Location:

Key people:

4

Funding Rounds

$6.9m

Money raised

Char Technologies is a Mississauga-based carbon capture and storage company.

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:

2

Funding Rounds

Quantum Benchmark is a company that is developing quantum software solutions for overcoming quantum computing errors.

2

Funding Rounds

$600.0k

Money raised

Planetary Hydrogen is a Gatineau-based company developing hydrogen processing and distribution solutions, as well as carbon capture and storage solutions.

8

Funding Rounds

$99.3m

Money raised

Hootsuite is a social network management platform created to interact, listen and analyze results.

Key people:

1

Funding Rounds

$200.0k

Money raised

Alkemi is a blockchain company founded in 2018 by Ryan Breen.

1

Funding Rounds

Pathful is a company founded in 2012.

1

Funding Rounds

$64.3k

Money raised

The Very Good Butchers are a food company running a restaurant and vegan butcher shop making plant-based meat-alternatives in Victoria, British Columbia, Canada, that was founded by James Davidson and Tania Friesen in 2016.

2

Funding Rounds

$3.3m

Money raised

Acorn Biolabs is a biotechnology company offering long-term human cell cryopreservation.

10

Funding Rounds

$633.6m

Money raised

Hopper is a Canadian technology company.

Location:

Key people:

3

Funding Rounds

$23.9m

Money raised

Augmenta is a platform that automates building design for the construction industry.

1

Funding Rounds

$2.8m

Money raised

A synthetic biology company building biosensors capable of measuring chemicals and small molecules within living cells.

1

Funding Rounds

$13.2m

Money raised

A biotechnology company using tissue engineering to create biomaterials for repairing and regenerating the human body.

Location:

Key people:

3

Funding Rounds

$70.5m

Money raised

Drop is a company founded in 2015.

6

Funding Rounds

$29.0m

Money raised

Foodee is a company founded in 2010 by Jon Cartwright, Dario Meli, David Tedman and Ryan Spong.

Location:

Key people:

4

Funding Rounds

$386.0m

Money raised

Industries:

3

Funding Rounds

$54.5m

Money raised

Borrowell is a company founded in 2014.

2

Funding Rounds

$71.5m

Money raised

Now known as Sierra Oncology, is a clinical stage drug development company in Vancouver that focuses on cancer and hematology treatments.

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:

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