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Top 100 Canada Startups to Watch in 2026

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Canada's startup scene is a mix of different industries, from AI to enterprise software. Travel app Hopper leads the pack with over $729 million in total funding.

Other major players include identity verification company Trulioo and software firm Valsoft, which have both raised over $400 million. The list also features newer companies like Moonvalley, an AI video startup that secured $154.1 million in its seed round.

Below is our list of 100 Canada startups worth keeping an eye on.

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Valsoft specializes in acquiring and growing software companies that operate within niche vertical markets. The firm follows a buy-and-hold strategy, providing a permanent home for these businesses while fostering their continued development.

HeadquartersMontréal, Quebec, Canada
Year Founded2015
FoundersOuissam Youssef, Stephane Manos
Funding Amount$420.1M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusPrivate Equity
Top InvestorsCoatue, Portage Ventures, Viking Global Investors, PROPELR Growth

Ada has created an AI-powered platform that automates customer service conversations from start to finish. Businesses use their conversational AI to instantly resolve support tickets, answer questions, and guide customers through their entire journey.

HeadquartersToronto, Ontario, Canada
Year Founded2016
FoundersDavid Hariri, Mike Murchison
Funding Amount$192.4M
Startup SizeLarge Team (251-1,000)
Last Funding StatusGrant
Top InvestorsAccel, Bessemer Venture Partners, Spark Capital, Giant Ventures, Tiger Global Management

Hopper's travel app uses predictive analytics to forecast future prices on flights and hotels. The platform advises travelers on the best time to book, helping them save money on their trips.

HeadquartersMontréal, Quebec, Canada
Year Founded2007
FoundersFrederic Lalonde, Joost Ouwerkerk
Funding Amount$729.7M
Startup SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsCiti, Inovia Capital, Goldman Sachs, La Caisse, Brookfield Asset Management

GHGSat operates a satellite constellation that provides high-resolution measurements of greenhouse gas emissions from industrial sites worldwide. Their emissions intelligence helps operators in sectors like oil and gas and mining to precisely track, report, and reduce their environmental footprint.

HeadquartersMontréal, Quebec, Canada
Year Founded2011
FoundersStephane Germain
Funding Amount$181.3M
Startup SizeMid-Size Team (51-250)
Last Funding StatusConvertible Note
Top InvestorsExport Development Canada, Business Development Bank of Canada, Fonds de solidarité FTQ, National Bank of Canada, BDC Venture Capital

MDA Space develops geointelligence, satellite systems, and space operations technology for government and commercial missions. Their team is behind the iconic Canadarm robotic arms used on the Space Shuttle and the International Space Station.

HeadquartersBrampton, Ontario, Canada
Year Founded1969
FoundersJohn S. MacDonald
Funding Amount$3.9M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusGrant
Top InvestorsCanadian Space Agency

League provides a healthcare experience platform that gives employees a single digital entry point to their health benefits. Their technology unifies a company's complex network of health services and insurance plans into one personalized application.

HeadquartersToronto, Ontario, Canada
Year Founded2014
FoundersDan Galperin, Daniel Leibu, Michael Serbinis
Funding Amount$271.1M
Startup SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsWorkday Ventures, Foundation Capital, OMERS Ventures, BDC Venture Capital, Manulife Financial

Trulioo operates a digital identity network that helps businesses verify customers around the world. The service is designed to help organizations meet strict compliance standards while ensuring security and privacy for their users.

HeadquartersVancouver, British Columbia, Canada
Year Founded2011
FoundersStephen Ufford, Tanis Jorge
Funding Amount$474.8M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsPlug and Play, TCV, Framework Venture Partners, Goldman Sachs, Business Development Bank of Canada

Moonvalley develops generative AI models that turn text prompts into high-quality, cinematic video. Their platform is designed to give creative professionals powerful tools for storytelling and visual production.

HeadquartersToronto, Ontario, Canada
Year Founded2023
FoundersJohn Thomas, Mateusz Malinowski, Naeem Ahmed
Funding Amount$154.1M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeed
Top InvestorsCoreWeave, General Catalyst, Bessemer Venture Partners, Khosla Ventures, Y Combinator

StackAdapt operates a multi-channel programmatic advertising platform that helps digital marketers run their campaigns. The platform uses machine learning and data-driven solutions to optimize ad performance and maximize results.

HeadquartersToronto, Ontario, Canada
Year Founded2014
FoundersIldar Shar, Vitaly Pecherskiy, Yang Han
Funding Amount$536.6M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusPrivate Equity
Top InvestorsSummit Partners, Teachers’ Venture Growth, Plaza Ventures, Intrepid Growth Partners, MaRS Investment Accelerator Fund

Assent offers a supply chain sustainability management platform for complex manufacturers. Their cloud-based software provides deep visibility into product compliance, trade compliance, and ESG data.

HeadquartersOttawa, Ontario, Canada
Year Founded2010
FoundersMatt Whitteker, Robert Imbeault
Funding Amount$533.6M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSecondary Market
Top InvestorsVista Equity Partners, Business Development Bank of Canada, Warburg Pincus, Volition Capital, Blackstone Group

90 Additional Canada Startups Worth Following

Those top ten companies are just a small sample of what’s happening across Canada. New founders are tackling problems in everything from AI and fintech to healthcare and climate tech.

Collectively, they have raised billions of dollars to build and expand their businesses. Here’s a look at the other startups that are strengthening the Canadian tech landscape.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
Klue logo KlueAI2015$83MGrant
General Fusion logo General FusionEnergy2002$392MVenture Round
LemFi logo LemFiFintech2020$86.9MSeries B
Rocket Doctor logo Rocket DoctorHealthcare2020$3.8MSeed
SSENSE logo SSENSERetail2003$40MDebt Financing
LUCID logo LUCIDAI2017CA$3.6MPre-Seed
Xanadu logo XanaduData2016$268.3MDebt Financing
Terrestrial Energy logo Terrestrial EnergyEnergy2013$106.6MVenture Round
Waabi logo WaabiAI2021CA$375MSeries B
Lake logo LakeMarketplace2023$2.6MPre-Seed
Blockstream logo BlockstreamCrypto2014$634MConvertible Note
Jobber logo JobberHardware2011$183.5MSeries D
Procurify logo ProcurifyCloud2012$101.8MVenture Round
Pilot logo PilotAI2021CA$1.8MSeed
Deep Sky logo Deep SkyEnvironment2022$93.6MGrant
UniUni logo UniUniLogistics2019$205MSeries D
Flare logo FlareAI2017$40.7MSeries B
SRTX logo SRTXFashion2017$191.2MVenture Round
FREDsense logo FREDsenseAgTech2014$10MSeries A
MindBridge logo MindBridgeAnalytics2015$102.3MPrivate Equity
Mycroft logo MycroftAI2024$3.7MSeed
Tailscale logo TailscaleSecurity2019$276.4MSeries C
Stablecorp logo StablecorpCrypto2019$7.3MVenture Round
Vena Solutions logo Vena SolutionsEnterprise2011$272.8MDebt Financing
Cority logo CorityHealthcare1985$100MVenture Round
Hyperlume logo HyperlumeOther2022$12.5MSeed
Wealthsimple logo WealthsimpleFintech2014CA$1.1BPrivate Equity
Loopio logo LoopioSaaS2014CA$263MPrivate Equity
Figment logo FigmentCrypto2018$164MVenture Round
Tetra Trust logo Tetra TrustFintech2019CA$10MVenture Round
Avison Young logo Avison YoungReal Estate1978$359.2MDebt Financing
1Password logo 1PasswordSecurity2005$920.1MSeries C
Svante logo SvanteEnvironment2007$505.3MGrant
Variational AI logo Variational AIAI2019$9.2MSeed
Molecular You logo Molecular YouHealthcare2014$21.4MSeries A
Sesh+ logo Sesh+Retail2020$13.5MVenture Round
Moment Energy logo Moment EnergyHardware2020$61.5MGrant
Creator.co logo Creator.coMarketing2019$3.8MCorporate Round
Relay logo RelayFintech2018$51.6MSeries B
Photonic logo PhotonicHardware2016CA$138MGrant
Vendasta logo VendastaEnterprise2008CA$248.6MPrivate Equity
Ledn logo LednFintech2018$203.9MDebt Financing
Hydrostor logo HydrostorEnergy2010$2.3BDebt Financing
Plotly logo PlotlyAnalytics2013$18.4MGrant
Bench IQ logo Bench IQAI2023$7.4MSeed
Hootsuite logo HootsuiteMedia2008$299.9MDebt Financing
Motion logo MotionAnalytics2021$42MSeries B
Congruence Therapeutics logo Congruence TherapeuticsBiotech2021$101.6MVenture Round
Reaction Dynamics logo Reaction DynamicsMobility2016$20.4MGrant
Modern Campus logo Modern CampusEducation1999$59MDebt Financing
NinePoints Partners logo NinePoints PartnersFintech2017$33.5MSeries B
Avenue Living Asset Management logo Avenue Living Asset ManagementFintech2006$503.2MDebt Financing
Nova Chemicals logo Nova ChemicalsManufacturing1954$883.4MGrant
Smile Digital Health logo Smile Digital HealthInfrastructure2016$65MDebt Financing
Viral Nation logo Viral NationMarketing2014CA$250MPrivate Equity
BinSentry logo BinSentryAgTech2017$79.7MSeries C
Axonify logo AxonifyEducation2011$35.2MDebt Financing
Azelis logo AzelisManufacturing2001CA$600MDebt Financing
Boosted.ai logo Boosted.aiAI2017$69.5MVenture Round
Absorb LMS logo Absorb LMSEnterprise2003$59MPrivate Equity
T-Rize Group logo T-Rize GroupAI2022$304.5MInitial Coin Offering
Doodles logo DoodlesCrypto2021$54MSeries A
Neo Financial logo Neo FinancialFintech2019$494.4MDebt Financing
Nesto logo NestoFintech2018$161.4MSeries C
BioRender logo BioRenderDesign2017$17MSeries A
Ollama logo OllamaInfrastructure2021$125kPre-Seed
Kepler Communications logo Kepler CommunicationsInfrastructure2015$177.1MSeries C
Benevity logo BenevityRetail2008$69.2MPrivate Equity
BluWave-ai logo BluWave-aiEnergy2017CA$14.7MSeries A
Shakepay logo ShakepayCrypto2015CA$45MSeries A
Astrus logo AstrusAI2023$11.1MSeed
Corus Orthodontists logo Corus OrthodontistsHealthcare2019$203MDebt Financing
QuadReal Property Group logo QuadReal Property GroupReal Estate2016$639.7MDebt Financing
Prophix Software logo Prophix SoftwareAnalytics1987CA$10MDebt Financing
Kidoodle.TV logo Kidoodle.TVMarketing2012$83.6MVenture Round
Augmenta Inc. logo Augmenta Inc.Design2018$25.6MSeed
TATO logo TATOOther2023$5MSeed
Telus Health logo Telus HealthHealthcare1998$200MPrivate Equity
Keep logo KeepFintech2021$88.1MDebt Financing
Maia Farms logo Maia FarmsOther2021$3.4MDebt Financing
FLO logo FLOMobility2009$473.4MSeries E
FutureVault logo FutureVaultAI2015$5.3MVenture Round
Ataccama logo AtaccamaAnalytics2008$150.5MVenture Round
Anthem Properties Group logo Anthem Properties GroupEnterprise1991$200MDebt Financing
LayerZero Labs logo LayerZero LabsMedia2021$350.8MUndisclosed
407 ETR logo 407 ETRMedia1999CA$3.3BDebt Financing
Geotab logo GeotabAnalytics2000
Workleap logo WorkleapSaaS2006CA$125MPrivate Equity
Porter Airlines (Canada) Limited logo Porter Airlines (Canada) LimitedTravel2006CA$135MGrant
Accéder logo AccéderAI2013$250kUndisclosed

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