Routific
Venture Round in 2024
Routific, Inc. is a Vancouver-based company that specializes in route optimization solutions for delivery businesses. Its platform automates and enhances vehicle routing and scheduling operations, serving small and medium-sized enterprises both in Canada and internationally. Inspired by the foraging behaviors of honey bees, Routific's technology helps local delivery businesses efficiently plan routes, resulting in significant reductions in time and fuel consumption, as well as lowering carbon emissions by 20-40%. The software includes features such as intelligent route optimization, dispatch and live tracking, and delivery notifications, enabling companies to reduce delivery costs, improve driver efficiency, and enhance customer satisfaction.
Larus Technologies
Grant in 2022
Larus is a predictive analytics decision support system for defense contractors and system integrators who require optimal performance. C4ISR and security systems require situational awareness. Larus' core business areas are Data Fusion and Analytics Solutions, which include the patented Total::InsightTM Decision Support System (DSS), Total::PerceptionTM Systems Simulation Engine (SSE), and Total::VisionTM Video Analytics Solution (VAS), Software Engineering Consulting, primarily in the area of C4ISR for Public Security and Defense, and Research and Engineering, which focuses on innovations in advanced AI/ML for Big Defence.
Plusgrade LP is a Montreal-based company that specializes in an online revenue upgrade platform designed for the airline and travel industries. Founded in 2009, Plusgrade provides software solutions that help airlines and other travel-related businesses optimize their revenue through upgrade options and ancillary services. The platform allows travelers to enhance their experience by offering upgrades before departure, while also delivering post-reservation confirmations and customizable options. Plusgrade's clientele includes notable airlines such as Virgin Atlantic, Air New Zealand, and Etihad Airways, among others. With a focus on creating new revenue streams from unsold inventory, upgrades, and premium services, Plusgrade has established itself as a key player in the ancillary revenue sector, recognized for its innovative approach and impact on the global airline industry.
FreshBooks is a cloud-based accounting software company that simplifies financial management for business owners. Serving customers in over 160 countries, it offers an intuitive platform for invoicing, expense management, online payments, and time tracking. The software is designed to automate time-consuming tasks, allowing small businesses to maintain professional bookkeeping with ease. FreshBooks is recognized for its exceptional customer support, having received multiple accolades for its service quality. With offices in Canada, Croatia, Mexico, the Netherlands, and the United States, FreshBooks caters to businesses of all sizes, helping them streamline their financial processes and enhance client engagement.
D-Wave Systems
Grant in 2022
D-Wave Systems Inc. is a pioneering company in the field of quantum computing, recognized as the world’s first commercial supplier of quantum computers. Founded in 1999 and headquartered in Burnaby, Canada, D-Wave specializes in the development, fabrication, and integration of superconducting quantum computers. The company offers a range of products, including the D-Wave Two System, a commercial quantum computer, and D-Wave Hybrid, an open-source platform for creating hybrid quantum-classical applications. Leap, its cloud-based service, provides real-time access to quantum computing resources along with development tools and educational content. D-Wave’s quantum computers are applied across various sectors, addressing challenges in mission planning, logistics, machine learning, and optimization problems, among others. The company serves diverse industries, including defense, finance, energy, and academia, and also offers professional services, training, and customer support to enhance user experience and application development.
Mimik is a developer of a hybrid edge cloud computing application development platform that facilitates digital transformation for enterprises. The platform enables developers to create applications that operate seamlessly across various ecosystems of devices and networks, including IoS, Android, Windows, and various IoT frameworks. By providing a direct connection between fragmented applications at the edge, mimik minimizes reliance on intermediaries and helps businesses avoid the pitfalls of proprietary technology stacks. This approach allows enterprises to achieve their objectives efficiently, enhancing performance, privacy, and security while reducing operational costs associated with legacy backend integration. Mimik's solutions aim to empower businesses to secure leadership in an increasingly hyper-connected world by supporting systematic digital transformation.
Adastra is a company that specializes in helping organizations leverage their information assets to drive business success. With over a decade of experience, Adastra offers a comprehensive range of services including data processing, analysis, and warehousing. Its expertise encompasses data integration, business intelligence, data governance, and master data management, as well as advanced technologies such as artificial intelligence, machine learning, and robotic process automation. The company also focuses on digital transformation and cloud solutions, providing tailored services that enhance technology infrastructure and streamline business processes. By prioritizing data quality and governance, Adastra enables clients to unlock the full value of their data investments, ensuring rapid implementation and superior performance across various industries.
FleetOps is a Toronto-based freight technology company that operates a freight marketplace and a carrier-focused platform to connect brokers, shippers, and trucking capacity. The company automates the allocation of loads to drivers by analyzing telematics data from providers to determine truck locations, routes, idle time, available driving hours, and driver behavior, and it uses AI to match loads with suitable drivers. The platform also delivers tailored analytics and KPIs for carrier trucking operations, helping to optimize dispatch and execution.
Dialogue Health Technologies
Grant in 2020
Dialogue Health Technologies operates a comprehensive virtual care platform that provides employee wellness and health solutions for Canadian employers. Founded in 2016 and based in Montreal, the company offers a variety of services aimed at enhancing employee engagement and health. Its platform allows employees to interact with healthcare professionals, including nurses and doctors, for support in physical and mental health. Additionally, the platform facilitates care navigation, medication delivery, and referrals to specialists. By empowering employees to take charge of their health, Dialogue Health Technologies helps businesses create a healthier workforce, leading to increased productivity and overall employee satisfaction.
Montreal Port Authority
Grant in 2020
Montreal Port Authority is a global trade platform and a regional economic engine which is to ensure essential goods such as food and medical supplies are being distributed rapidly.
AlayaCare is a start-up based in Montréal, Quebec, that offers a comprehensive home health care software platform and hardware ecosystem. Founded in 2014 by Adrian Schauer and Neil Grunberg, the company aims to modernize the home care industry, which often relies on outdated software and inefficient processes. AlayaCare's platform integrates various functions, including planning, clinical documentation, remote patient monitoring, and mobile care worker capabilities, enabling home care agencies to operate more effectively and efficiently. By providing mixed telehealth and in-person health solutions, AlayaCare empowers patients to improve their quality of life while simultaneously reducing care costs. The company promotes an open culture that encourages team members to voice dissent while maintaining a focus on overarching goals. Additionally, AlayaCare collaborates with NGOs in the developing world, offering its solution at no cost to enhance mobile technology's impact on underserved communities.
Mila - Quebec Artificial Intelligence Institute
Grant in 2020
Founded in 1993 by Professor Yoshua Bengio (Université de Montréal), Mila is a research institute in artificial intelligence which now rallies 500 researchers specializing in the field of deep learning, including professors, students, industrial partners and startups.
Creative Destruction Lab (CDL)
Grant in 2020
The Creative Destruction Lab (CDL) is a seed-stage acceleration program founded in 2012 at the Rotman School of Management in Toronto, Canada. It is dedicated to supporting massively scalable, science- and technology-based ventures by providing a unique coaching process focused on specific objectives. CDL connects startups with experienced entrepreneurs and leading scientists across various sectors, including artificial intelligence, healthcare, quantum computing, blockchain, energy, and cleantech. The program has expanded its reach, operating in six cities: Vancouver, Calgary, Toronto, Montreal, Halifax, and New York City, and emphasizes the commercialization of scientific and technological advancements.
Careteam Technologies
Grant in 2020
Careteam Technologies develops a digital health platform that facilitates collaboration among patients, families, and healthcare providers. The platform offers a virtual care plan, dynamic event lists, and secure messaging, enabling coordinated care across different settings.
Roche is a Swiss biopharmaceutical and diagnostics company focused on improving lives through medicines and diagnostic solutions. It develops and markets therapies across oncology, virology, inflammation, metabolism, central nervous system disorders, clinical chemistry, immunology, infectious diseases, and microbiology, and it provides in vitro diagnostics, automated instruments, software, and consumables for hospitals and research labs. The company conducts research and development and manufacturing related to molecular diagnostics, test systems, and test kits, including PCR-based assays through its molecular diagnostics initiatives. Its portfolio includes cancer treatments such as Avastin, Herceptin, and MabThera, and the organization serves hospitals, laboratories, physicians, and patients worldwide with integrated drug and diagnostic offerings. Roche operates globally, combining drug development with diagnostic services to support disease detection, monitoring, and personalized medicine.