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100 Accelerators & Incubators
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100 Top Unicorns
Download The List of the 100 Highest-Valued Unicorns

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100 Top Unicorns
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The Founder's Handbook

Top 12 Startups in Ottawa in 2024

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There’s no doubt that the startup scene in Ottawa is unique.

The city has created dozens of successful startups, over the years.

Some of them are already worth billions of dollars.

So whether you’re looking to start your own business, or just interested in learning about fast-growing startups from Ottawa, here’s an extensive list of 12 startups founded there.


12 Startups in Ottawa

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2,189 Accelerators & Incubators

Information about the industries, countries, and cities 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
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1,190 Unicorns

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

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FinTech Investors
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250 FinTech Investors

List of startup investors in the FinTech industry, along with their Twitter, LinkedIn, and email addresses.

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BioTech & Health Investors
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250 BioTech & Health Investors

List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.

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AI Investors
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250 AI Investors

List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.

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1) MindBridge AI

MindBridge AI

MindBridge AI is an artificial intelligence (AI) business that specializes in financial data analysis and auditing.

Details of the startup:

  • Started in: 2016
  • Founders: Eli Fathi, Solon Angel
  • Industries: Analytics, Artificial Intelligence, Business Intelligence, FinTech, Machine Learning
  • Number of employees: 101-250
  • Funding: $42,300,000
  • Funding rounds: 3
  • Number of investors: 11 (8VC, Real Ventures, National Bank of Canada, Reciprocal Ventures, MaRS Investment Accelerator Fund)

You can find their website here.

2) Assent Compliance

Assent Compliance

Assent is the global leader in Supply Chain Data Management as a SaaS (Software as a Service).

Details of the startup:

  • Started in: 2010
  • Founders: Matt Whitteker, Robert Imbeault
  • Industries: Customer Service, Environmental Consulting, Information Technology, SaaS, Software, Supply Chain Management
  • Number of employees: 101-250
  • Funding: $183,629,304
  • Funding rounds: 4
  • Number of investors: 8 (Greenspring Associates, Warburg Pincus, RBC Capital, Business Development Bank of Canada, Volition Capital)

You can find their website here.

3) Rewind

Rewind

Rewind helps organizations protect their SaaS data by backing it up.

Details of the startup:

  • Started in: 2015
  • Founders: Mike Potter
  • Industries: Information Technology, Internet, SaaS, Security
  • Number of employees: 51-100
  • Funding: $15,071,100
  • Funding rounds: 2
  • Number of investors: 9 (Bessemer Venture Partners, Inovia Capital, Ontario Centres of Excellence, Ridge Ventures, ScaleUP Ventures)

You can find their website here.

4) Fullscript

Fullscript

Fullscript is an online platform that allows health practitioners to dispense high-quality natural health items to their patients.

Details of the startup:

  • Started in: 2011
  • Founders: Brad Dyment, Chris Wise, Kyle Braatz
  • Industries: E-Commerce, Health Care, Internet, Medical, Personal Health, SaaS, Wellness
  • Number of employees: 251-500
  • Funding: $27,000,000
  • Funding rounds: 2
  • Number of investors: 2 (Espresso Capital, Kayne Partners)

You can find their website here.

5) Pythian

Pythian

Pythian is an IT consulting firm specializing in the optimization and management of mission-critical data systems.

Details of the startup:

  • Started in: 1997
  • Founders: Laine Campbell, Paul Vallee
  • Industries: Analytics, Big Data, Consulting, Data Center Automation, Hardware, Innovation Management, Operating Systems, Predictive Analytics, Project Management, Software
  • Number of employees: 251-500
  • Funding: $21,000,000
  • Funding rounds: 2
  • Number of investors: 3 (RBC Capital, Business Development Bank of Canada, BDC Capital Corporation)

You can find their website here.

6) Solink

Solink

For restaurants, stores, and financial institutions, Solink provides video security and business analytics solutions.

Details of the startup:

  • Started in: 2009
  • Founders: Michael Matta, Solon Angel
  • Industries: Analytics, Big Data, Business Intelligence, Retail, Security, Software, Video
  • Number of employees: 51-100
  • Funding: $34,080,211
  • Funding rounds: 5
  • Number of investors: 10 (OMERS Ventures, Valor Equity Partners, BDC Venture Capital, Hedgewood, Tom Williams)

You can find their website here.

7) Klipfolio

Klipfolio

Be stronger, better, and more competitive every day by using data.

Details of the startup:

  • Started in: 2001
  • Founders: Allan Wille, Peter Matthews
  • Industries: Analytics, Big Data, Business Intelligence, Enterprise Software, SaaS, Software
  • Number of employees: 101-250
  • Funding: $16,817,832
  • Funding rounds: 3
  • Number of investors: 9 (OMERS Ventures, Boldstart Ventures, BDC Capital, Converge, BDC Venture Capital)

You can find their website here.

8) Ruckify

Ruckify

Ruckify is a website that helps people find places to rent.

Details of the startup:

  • Started in: 2017
  • Founders: Steve Cody
  • Industries: Marketplace
  • Number of employees: 51-100
  • Funding: $6,900,000
  • Funding rounds: 1

You can find their website here.

9) Corsa Security

Corsa Security

Corsa assists major organizations in scaling their network security so that they can analyze encrypted traffic with 100% SSL visibility.

Details of the startup:

  • Started in: 2011
  • Founders: Bruce Gregory, Carolyn Raab
  • Industries: Cloud Security, Network Security, Security
  • Number of employees: 11-50
  • Funding: $40,700,000
  • Funding rounds: 5
  • Number of investors: 4 (BDC Venture Capital, BDC Capital Corporation, Celtic House Venture Partners, Roadmap Capital)

You can find their website here.

10) Tehama

Tehama

Enterprise Desktop-as-a-Service (EDaaS) is the quickest, simplest, and safest approach to set up a virtual workforce.

Details of the startup:

  • Started in: 2019
  • Founders: Paul Vallee
  • Industries: Information Technology, SaaS, Software, Virtual Desktop
  • Number of employees: 51-100
  • Funding: $10,000,000
  • Funding rounds: 1
  • Number of investors: 2 (OMERS Ventures, BDC ICE Fund (Cleantech))

You can find their website here.

11) GBatteries

GBatteries

GBatteries is a company that creates sophisticated fast charging technology and is supported by some of the world's most prestigious investors.

Details of the startup:

  • Started in: 2013
  • Founders: Alex Tkachenko, Kostya Khomutov, Nick Sherstyuk, Tim Sherstyuk
  • Industries: Automotive, Battery, Energy, Energy Storage, Hardware, Software
  • Number of employees: 11-50
  • Funding: $3,916,485
  • Funding rounds: 6
  • Number of investors: 13 (Creative Destruction Lab (CDL), FundersClub, Y Combinator, Plug and Play Tech Center, Sustainable Development Technology Canada)

You can find their website here.

12) BlackBerry QNX

BlackBerry QNX

For better embedded design, use middleware, development tools, real-time operating system software, and services.

Details of the startup:

  • Started in: 1980
  • Industries: Computer, Intelligent Systems, Internet, Software, Software Engineering
  • Number of employees: 251-500
  • Funding: $40,000,000
  • Funding rounds: 1
  • Number of investors: 1 (Strategic Innovation Fund (SIF))

You can find their website here.

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