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This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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The 12 Unicorns Founded in Ontario [Updated 2023]

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Have you ever wondered which private companies in Ontario have the highest valuations?

You’re not alone.

There are lots of unicorn companies there, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 12 Ontario unicorn startups, from highest to lowest valuation.

The 12 Unicorns in Ontario

Accelerators & Incubators List
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2,658 Accelerators & Incubators

Information about the industries, stages and countries they generally invest in.

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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Complete Unicorns List
Sheet
1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Get the Sheet for $50

1) 1Password

1Password

1Password is a password manager that is both secure and convenient for managing documents, credit card details, and addresses.

Details of the startup:

  • Valuation: $6.80B (July 2021)
  • Started in: 2005
  • Founders: Dave Teare, Natalia Karimov, Roustem Karimov, Sara Teare
  • Industries: Cyber Security, Network Security, Privacy, Software
  • Number of employees: 250-500
  • Funding: $920.14M
  • Funding rounds: 3
  • Number of investors: 28

You can find their website here.

2) PointClickCare

PointClickCare

PointClickCare is the premier provider of web-based software and management services for long-term care facilities.

Details of the startup:

  • Valuation: $4.00B (January 2021)
  • Started in: 2000
  • Founders: Demetri Karagas, Steven Gutentag
  • Industries: Health Care, Personal Health, Pharmaceutical, Wellness
  • Number of employees: 100-250
  • Funding: $86.88M
  • Funding rounds: 5
  • Number of investors: 18

You can find their website here.

3) ApplyBoard

ApplyBoard

ApplyBoard is a study abroad platform that’s revolutionizing the way students find and apply for programs abroad.

Details of the startup:

  • Valuation: $3.00B (May 2020)
  • Started in: 2015
  • Founders: Martin Basiri, Massi Basiri, Meti Basiri
  • Industries: EdTech, Education, Internet, PaaS, Sales Automation
  • Number of employees: 1,000-5,000
  • Funding: $479.91M
  • Funding rounds: 9
  • Number of investors: 22

You can find their website here.

4) Clearco

Clearco

Clearco is a lending platform for startups, that provides unique performance financing products and services specifically tailored for founders of all stages.

Details of the startup:

  • Valuation: $2.00B (April 2021)
  • Started in: 2015
  • Founders: Andrew D'Souza, Ben Sanders, Charlie Feng, Ivan Gritsiniak, Michele Romanow, Olivier Grinda, Pavel Melnichuk, Tanay Delima
  • Industries: E-Commerce, Financial Services, FinTech, Internet, Venture Capital
  • Number of employees: 250-500
  • Funding: $935.01M
  • Funding rounds: 5
  • Number of investors: 29

You can find their website here.

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5) Figment

Figment

Figment supports the adoption, growth and long term success of the Web 3 ecosystem.

Details of the startup:

  • Valuation: $1.40B (December 2021)
  • Started in: 2018
  • Founders: Andrew Cronk, Lorien Gabel, Matt Harrop
  • Industries: Blockchain, Computer, Cryptocurrency, Network Security, Software
  • Number of employees: 1-10
  • Funding: $163.84M
  • Funding rounds: 6
  • Number of investors: 31

You can find their website here.

6) Ada Support

Ada Support

ADA is a vertically integrated digital advertising company.

Details of the startup:

  • Valuation: $1.20B (May 2021)
  • Started in: 2016
  • Founders: David Hariri, Mike Murchison
  • Industries: Artificial Intelligence, Intelligent Systems, Machine Learning, SaaS, Software
  • Number of employees: 100-250
  • Funding: $190.73M
  • Funding rounds: 7
  • Number of investors: 17

You can find their website here.

7) eSentire

eSentire

eSentire offers services for managed risk incident response to reduce cyber attacks in your business.

Details of the startup:

  • Valuation: $1.10B (February 2022)
  • Started in: 2001
  • Founders: Eldon Sprickerhoff
  • Industries: Cyber Security, Network Security, Security
  • Number of employees: 501-1000
  • Funding: $411.23M
  • Funding rounds: 8
  • Number of investors: 10

You can find their website here.

8) Xanadu

Xanadu

Xanadu provides quantum computing hardware, software, applications, and simulators.

Details of the startup:

  • Valuation: $1.00B (November 2022)
  • Started in: 2016
  • Founders: Christian Weedbrook
  • Industries: Big Data, Hardware, Quantum Computing, Software
  • Number of employees: 101-250
  • Funding: $265.54M
  • Funding rounds: 9
  • Number of investors: 23

You can find their website here.

9) Assent Inc.

Assent Inc.

Assent Inc. provides cloud-based SaaS solutions for product compliance, trade compliance, and environmental sustainability.

Details of the startup:

  • Valuation: $1.00B (January 2022)
  • Started in: 2010
  • Founders: Matt Whitteker, Robert Imbeault
  • Industries: Customer Service, Information Technology, SaaS, Supply Chain Management
  • Number of employees: 501-1000
  • Funding: $533.63M
  • Funding rounds: 5
  • Number of investors: 9

You can find their website here.

10) Freshbooks

Freshbooks

FreshBooks is a software company that provides cloud-based accounting software for small and medium-sized businesses.

Details of the startup:

  • Valuation: $1.00B (August 2021)
  • Started in: 2004
  • Founders: Levi Cooperman, Michael McDerment
  • Industries: Accounting, FinTech, Payments, Small and Medium Businesses, Software
  • Number of employees: 250-500
  • Funding: $203.75M
  • Funding rounds: 7
  • Number of investors: 11

You can find their website here.

11) TensTorrent

TensTorrent

Tenstorrent is a computing company that develops processors designed to help in faster training and adaptability to future algorithms.

Details of the startup:

  • Valuation: $1.00B (May 2021)
  • Started in: 2016
  • Founders: Ivan Hamer, Ljubisa Bajic, Milos Trajkovic
  • Industries: Application Specific Integrated Circuit (ASIC), Artificial Intelligence, Electronics, Hardware, Machine Learning
  • Number of employees: 100-250
  • Funding: $221.03M
  • Funding rounds: 6
  • Number of investors: 7

You can find their website here.

12) Axelar

Axelar

Axelar is a decentralized communication platform that bridges the divide between blockchain ecosystems, applications, and assets.

Details of the startup:

  • Valuation: $1.00B (February 2022)
  • Started in: 2020
  • Founders: Georgios Vlachos, Sergey Gorbunov
  • Industries: Blockchain, Developer APIs, Network Security, Software
  • Number of employees: 10-50
  • Funding: $63.75M
  • Funding rounds: 5
  • Number of investors: 28

You can find their website here.

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