Private AI
Non Equity Assistance in 2021
Private AI Inc., founded in 2017 and based in Toronto, Canada, specializes in developing privacy-preserving machine learning and natural language processing tools. The company focuses on enabling secure data analysis for developers by finding, redacting, and generating synthetic personally identifiable information (PII) within semi- and unstructured datasets. Private AI's technology boasts over 99.5% accuracy across more than 47 languages and 50 different entity types. Its platform operates as a Docker container within clients' existing infrastructure, ensuring that sensitive data remains on-site and is never shared externally. This approach allows organizations across various industries to analyze large datasets while maintaining user privacy and data security.
AdeptMind
Non Equity Assistance in 2021
AdeptMind Inc. is a Toronto-based company that specializes in developing a deep learning platform designed for online retailers, enhancing the way customers search for products. Founded in 2016, the company employs artificial intelligence and natural language processing to address the common issue of search results in e-commerce, enabling users to find products more effectively. AdeptMind's technology focuses on smart filtering and personalized search results, allowing customers to receive tailored recommendations based on their preferences without relying on third-party services. The platform's innovative approach to product discovery aims to transform the online shopping experience by aligning search functionalities with customer intent.
Multiverse Computing
Pre Seed Round in 2020
Multiverse Computing SL is a software development company based in San Sebastian, Spain, with an additional office in Toronto, Canada. Founded in 2019, the company specializes in creating quantum computing software that addresses complex financial and macro-economic challenges. Its products are tailored for various applications, including portfolio optimization, risk analysis, and market simulation. By leveraging probabilistic and nondeterministic technologies, Multiverse Computing aims to help organizations across diverse sectors such as banking, energy, manufacturing, and logistics navigate the complexities of the second quantum revolution, ultimately providing them with a competitive advantage in their respective industries.
Mayday
Non Equity Assistance in 2020
Mayday Labs Inc. is a Toronto-based company that specializes in designing and developing wellness and productivity software solutions. Founded in 2018, the company focuses on creating an AI-assisted scheduling tool that helps users organize and optimize their time effectively. This tool analyzes how time is allocated across various activities and offers calendar management features, including automatic travel time scheduling. By providing personalized assistance and recommendations for daily time management, Mayday Labs aims to enhance productivity and adapt to changing schedules, enabling users to manage their time more efficiently.
Revolve Surgical
Pre Seed Round in 2020
Revolve Surgical is a Toronto-based company founded in 2019 that is developing a unique surgical robot designed for use in a variety of operating environments, including the over one million abdominal surgeries conducted outside of hospitals in the United States. The company's robotic surgery platform employs a hybrid manual-robotic approach that eliminates the need for teleoperation, thereby reducing both the size and cost of traditional surgical robots. By simplifying design and operation, Revolve aims to enhance access to robotic surgery for patients and improve value-based care in the medical field.
PhenoTips
Non Equity Assistance in 2020
PhenoTips is a computer software company based in Ontario, Canada, founded in 2014. It specializes in providing solutions for clinical genetics, phenotyping, and human phenotype ontology. The company offers software designed for clinical use that integrates seamlessly with existing electronic health records. PhenoTips' technology aims to enhance diagnostic accuracy and standardize phenotype recording, facilitating the application of genomic medicine in clinical decision-making and diagnosis.
Workwolf
Pre Seed Round in 2020
Workwolf is a Toronto-based start-up focused on addressing significant challenges in the employment market, specifically applicant filtration and resume verification. Founded by Erik Simins, a subject matter expert in human resources, the company offers a blockchain and AI-driven background verification solution that allows candidates to create verified profiles while providing employers with detailed reports on candidate credentials. This technology aims to reduce resume fraud and streamline the hiring process, resulting in faster time-to-hire and fewer mis-hires. Workwolf has received three global awards for its innovation and market potential, and is currently preparing for a $4.5 million seed financing round to further its growth and development.
Measure Protocol
Venture Round in 2020
Measure Protocol Limited develops a blockchain-based application designed to create a marketplace for person-based data. Founded in 2018 and headquartered in London, with additional offices in Silicon Valley, Toronto, and Chennai, the company addresses issues of fraud, privacy, and transparency in data collection. Through its platform, users can earn money by completing surveys and connecting various personal data sources, including location, health, and purchase history from online accounts. Measure Protocol provides verified, first-party consumer behavior insights, offering a solution to the accuracy and scalability challenges faced in modern digital advertising. This approach ensures that brands can effectively target genuine, high-intent consumers rather than relying on imprecise models.
Arma Biosciences
Non Equity Assistance in 2020
Arma Biosciences is a Toronto-based developer of a sensor platform designed for continuous monitoring of various physiological markers. The platform's sensing tips are compatible with multiple biological fluids, including saliva, blood, urine, sweat, and tears, allowing for rapid development to detect diverse health indicators. This technology enables users to access critical information regarding their health status, including the monitoring of cardiac biomarkers that are indicative of heart failure progression. By facilitating personalized health monitoring, Arma Biosciences aims to enhance individual awareness and management of health conditions.
Ratio.City
Seed Round in 2019
Ratio.City Inc. is a Toronto-based company founded in 2017 that specializes in online mapping and analysis tools for the real estate industry. Its platform enables real estate professionals to strategically identify and evaluate urban development opportunities, helping them unlock the full potential of various sites. The company offers three-dimensional building simulations that comply with city planning regulations, facilitating informed land valuations. This technology allows users to efficiently assess potential development locations and determine land values quickly, streamlining the decision-making process for real estate developers.
Beatdapp
Non Equity Assistance in 2019
BeatDapp is a technology company that specializes in music streaming software aimed at eliminating streaming fraud and ensuring fair compensation for artists. Founded in 2018 and headquartered in Vancouver, British Columbia, with additional offices in Los Angeles and Toronto, BeatDapp provides a SaaS-based platform that allows music labels and artists to accurately track their songs and collect royalties. Its innovative tracking system authenticates and validates media streamed in real-time, reducing discrepancies between Digital Service Providers and rights holders. This capability not only enhances royalty revenue for rights holders but also mitigates legal risks associated with royalty disputes. With a team of industry and technology veterans, BeatDapp is positioned to revolutionize the music industry by delivering transparent streaming data to a rapidly growing market of paid consumers.
StratumAI
Pre Seed Round in 2019
StratumAI Inc. specializes in developing artificial intelligence-based software for drilling data collection and analysis, primarily serving the mining industry. Founded in 2018 and located in Toronto, Canada, the company offers a solution that predicts optimal drilling locations and estimates the amount of gold and other metals present between drill holes. Traditional methods rely on statistical interpolation, which can be costly and less accurate. StratumAI's innovative approach employs deep learning techniques, enabling more precise predictions not only for gold but also for other metals such as copper. Current pilot projects suggest that StratumAI's technology has the potential to generate approximately $10 million in annual value for the average mining operation.
CapIntel
Non Equity Assistance in 2019
CapIntel Inc. is a financial technology company based in Toronto, Canada, that specializes in developing an online platform designed to enhance financial advisory services. Founded in 2017, CapIntel's platform serves over 12,000 financial advisors and asset management sales teams across North America. It combines investment analytics with online collaboration and communication tools, facilitating seamless interactions between asset managers and advisors, as well as between advisors and their retail clients. The platform enables financial professionals to build client portfolios, compare performance, and easily create visually appealing proposals, thereby increasing sales and improving client experience. By empowering advisors with the tools they need to instill confidence in their clients regarding investments, CapIntel aims to elevate personal finance management and secure clients' financial futures.
16 Bit
Non Equity Assistance in 2019
16 Bit Inc. is a Toronto-based company that specializes in developing medical image analysis systems, utilizing artificial intelligence to enhance diagnostic capabilities. The company is focused on creating a breast cancer screening triaging algorithm, as well as solutions for neurological emergency detection and pediatric bone age assessment. By leveraging its innovative software, 16 Bit aims to improve the quality, efficiency, and accessibility of healthcare, aiding physicians and radiologists in interpreting medical results more effectively.
QReserve
Non Equity Assistance in 2019
QReserve is a provider of scheduling software that assists organizations in managing, promoting, and sharing resources such as meeting rooms, offices, desks, equipment, and facilities. The platform offers a variety of products, including room and desk scheduling, laboratory management, and property management, which facilitate the acceleration of research and development projects for students, researchers, and businesses. QReserve enhances resource utilization through professional cataloguing services and analytics tools, delivering valuable insights on utilization rates, revenues, capacity, and performance. The platform supports thousands of users daily, helping them discover and access over ten thousand resources. Notable clients include SickKids, UBC Okanagan, and McMaster University.
Spiderwort
Angel Round in 2019
Spiderwort is a company focused on developing innovative biomaterials for regenerative medicine, aiming to repair and regenerate human tissues. Founded in 2015 and based in Ottawa, Ontario, the company utilizes plant-derived cellulose to create various scaffold architectures, including powders, gels, membranes, and pastes. Currently in the pre-clinical stage, Spiderwort's novel biomaterials have shown promising results in terms of biocompatibility and their ability to induce angiogenesis, the generation of new blood vessels within the scaffolds. This approach seeks to advance applications in the healthcare industry, particularly for spinal cord injury repair and soft tissue regeneration, by utilizing plant-based materials rather than traditional synthetic substances.
Forcen Inc. is a Toronto-based company that develops and manufactures innovative force-sensing film technology for various applications, including surgical robotics, industrial robotics, and aerospace and defense. Founded in 2015, Forcen specializes in providing real-time force feedback, allowing users to accurately gauge the force applied during surgical procedures or industrial tasks. This technology can be seamlessly laminated onto medical devices and robotic systems, enhancing their performance and safety. By delivering precise data on force and torque, Forcen aims to improve operational efficiency and reduce complications in both medical and industrial environments.
Doorr
Pre Seed Round in 2019
Doorr Inc. is a company that designs and develops a digital mortgage platform aimed at simplifying the mortgage process for brokers, agents, and financial institutions. Founded in 2018 and based in Toronto, Canada, the platform facilitates seamless collaboration between brokers and their clients on various mortgage-related activities, including pre-approvals, refinances, and purchases. By providing a centralized location for document management and support, Doorr enhances efficiency and reduces barriers associated with data access and sharing. The platform also includes features like data visualization and customizable websites, digitizing the entire experience from the initial application to final approval. As of October 2020, Doorr operates as a subsidiary of D+H Limited Partnership.
Lunie
Non Equity Assistance in 2019
Lunie is a non-custodial cryptocurrency platform based in Toronto, Ontario, designed for both mobile and web users. The platform specializes in staking and governance for proof-of-stake blockchains, facilitating the management of various networks. Lunie supports multiple proof-of-stake blockchains, including Cosmos, Polkadot, Kusama, and Terra, thereby enabling developers and users to engage with these ecosystems effectively.
Grain Discovery
Non Equity Assistance in 2019
Grain Discovery is an online marketplace based in Toronto, Ontario, that utilizes blockchain technology to enhance the efficiency, transparency, and security of transactions in the agricultural sector. Founded in 2018, the company addresses key challenges in the global commodity supply chain, such as loss of provenance and market opacity. By ensuring proof of origin and employing smart contracts, Grain Discovery facilitates secure title transfers and payments while improving communication and data flow across supply chain software. This innovative approach allows farmers to differentiate their products, track their supply chains effectively, and potentially command premium prices. Through its platform, Grain Discovery aims to strengthen the connections between farmers and buyers, transforming the way agricultural commodities are traded.
QuantumSense
Seed Round in 2018
QuantumSense is a Canadian artificial intelligence company that specializes in advanced semantic search technology. It has developed a platform capable of performing searches at the sentence level, moving beyond traditional keyword-based methods. This technology encapsulates the meaning and structure of words, allowing for more accurate and efficient comparisons in meaning across documents and archives. By utilizing machine learning models, QuantumSense also offers capabilities such as question answering, named entity recognition, and sentiment analysis. These features enable businesses to analyze unstructured data effectively, improving decision-making processes. The platform is particularly beneficial in the finance sector for better predictions through the integration of sentiment and fundamental analysis, as well as in the insurance industry, where it can automate and expedite the claims process.
INDUS.AI
Seed Round in 2018
INDUS.AI is a construction intelligence platform that provides real estate investors, owners, developers, and general contractors with real-time visibility and actionable insights into construction activities, productivity, and risks. Founded in 2017, the company operates offices in San Francisco and Toronto, serving clients across the United States, Canada, Hong Kong, and Brazil. INDUS.AI employs a cloud-based 3D computer vision platform that utilizes live video streams from secure IP cameras to identify inefficiencies on construction sites. This technology enables project managers and general contractors to optimize labor, equipment, and materials while offering real-time project controls to address over-billed charges and schedule discrepancies. By enhancing safety, efficiency, and transparency, INDUS.AI aims to transform construction site management and improve overall project outcomes.
bridge7
Non Equity Assistance in 2018
Bridge7 is a company that specializes in AI-powered consultation software aimed at enhancing the quality of care for cancer patients. Founded in 2017 and headquartered in Ontario, Canada, Bridge7's software leverages machine learning algorithms to analyze data from thousands of patients. This capability provides clinical teams with decision-making metrics that facilitate informed consultations regarding cancer treatment options. By offering insights on the quality of cancer care before treatment begins, Bridge7 helps healthcare providers improve clinical efficiency and enhance the overall delivery of care.
eMurmur
Non Equity Assistance in 2018
eMurmur is a digital health company based in Ottawa, Ontario, that focuses on developing applications for the detection, analysis, and classification of heart murmurs. Established in 2015, the company utilizes advanced machine learning techniques to analyze medical data, particularly in auscultation. Its platform not only assists healthcare professionals in diagnosing heart conditions but also incorporates features for remote recording of heart sounds, tele-auscultation, and cloud integration. Additionally, eMurmur provides educational solutions aimed at enhancing classroom learning and self-paced education. Through its innovative technology, eMurmur aims to improve the screening, monitoring, and consultation processes related to heart, lung, and bowel health.
Delphia
Seed Round in 2018
Delphia Inc. is a Toronto-based company, incorporated in 1993, that specializes in developing artificially intelligent surveys designed to assist individuals in making informed decisions regarding careers, education, finances, and health. The company emphasizes the importance of data in fostering capital formation and economic empowerment. Delphia creates products that encourage the sharing of proprietary data, aiming to provide users with a competitive advantage in financial markets. By actively managing personal data, Delphia seeks to unlock innovative opportunities for wealth creation for both individual and institutional investors.
TritonWear
Seed Round in 2018
TritonWear Inc. is a Canadian company based in Kitchener that specializes in developing performance wearables for athletes and coaches. Its innovative devices offer real-time tracking of athletic performance through mobile technology, addressing challenges in the sports wearables market, particularly issues related to data accuracy and the lack of actionable feedback. TritonWear's products feature patented technology and AI-based auto-coaching capabilities, which automatically calculate performance metrics and provide personalized insights. This allows coaches to monitor their athletes' progress throughout training and competitions, guiding them on specific areas for improvement. By focusing on these critical needs, TritonWear aims to enhance the athletic experience and redefine the limits of performance.
AuroraQ
Non Equity Assistance in 2018
AuroraQ is a quantum computing startup based in Toronto, Canada, founded in 2017. The company specializes in developing standardized and modular quantum components that integrate seamlessly with various quantum processor technologies, offering scalability and ease of entry into the quantum market. AuroraQ provides engineering analysis services, which include designing conducting quantum circuits, generating quantum equations for circuit operation, and analyzing the dissipation of quantum information under different environmental conditions. By selling directly to existing quantum computing companies, as well as academic and government customers, AuroraQ aims to facilitate the growth of the quantum computation industry and accelerate advancements in quantum technology.
Notch Therapeutics
Non Equity Assistance in 2018
Notch Therapeutics Inc. is an immune cell therapy company focused on developing gene-edited allogenic T cell therapies for cancer treatment. Based in Toronto, Canada, the company utilizes a proprietary platform for induced pluripotent stem cell (iPSC) technology that allows for precision control of Notch signaling, which is essential for T cell development. This innovative approach addresses critical limitations in cell therapy development, enabling the design and manufacture of a consistent and limitless supply of therapeutic T cells. Notch Therapeutics aims to provide targeted treatments for conditions such as non-Hodgkin lymphoma, leukemia, and multiple myeloma, facilitating advancements in the treatment of complex disease systems. Established in 2018, the company is positioned at the forefront of next-generation cancer therapies.
ProteinQure
Pre Seed Round in 2017
ProteinQure Inc. is a biotechnology company based in Toronto, Canada, founded in 2017. It specializes in the development and manufacturing of protein-based therapeutic drugs, focusing on the design of novel exotic peptides for a wide range of therapeutic applications. The company employs advanced technologies such as quantum computing, molecular simulations, and reinforcement learning to facilitate the engineering of novel therapeutics. By utilizing atomic-level simulations and artificial intelligence, ProteinQure aims to create dynamic peptides that effectively target specific disease pathways, potentially outperforming traditional drug delivery systems. The company’s innovative approach seeks to enhance drug discovery and design, offering new possibilities for treating previously untreatable conditions. ProteinQure prides itself on its diverse team, which integrates expertise from experimental and computational biology, machine learning, and software engineering to advance the field of drug development.
Untether AI
Non Equity Assistance in 2017
Untether AI Corporation, based in Toronto, Canada, specializes in manufacturing neural net-based inference processors and chips designed to enhance artificial intelligence applications. Established in 2017, the company focuses on developing a new class of specialized processors that minimize complexity while ensuring efficient neural net inference operations. By positioning processing capabilities close to memory, Untether AI's technology significantly reduces the energy required for inference tasks, which are crucial for devices such as augmented reality headsets and wearables. This innovative architecture not only maximizes inference output but also operates within strict energy budgets, making it highly suitable for various applications where traditional inference technologies may fall short. As the demand for efficient AI processing continues to grow, Untether AI is well-positioned to address these challenges with its scalable and resource-efficient solutions.
Borealis Wind
Non Equity Assistance in 2017
Borealis Wind, founded in 2016 and headquartered in Kitchener, Ontario, Canada, specializes in developing innovative solutions for the wind energy sector. The company has created a patented internal blade heating retrofit designed to be installed within the rotor blades of wind turbines. This device effectively prevents and removes ice buildup, which is crucial for maintaining the efficiency and reliability of wind turbines, particularly in cold climates. By addressing the challenges posed by ice accumulation during winter, Borealis Wind aims to enhance production and revenue for wind farms, ultimately contributing to the advancement of renewable energy technologies.
CryptoNumerics
Non Equity Assistance in 2017
CryptoNumerics Inc. is an enterprise software company based in Toronto, Canada, established in 2017. The company specializes in providing solutions that facilitate data analysis while ensuring privacy and compliance with regulations such as HIPAA and GDPR. Its primary offerings include CN-Fuse, which connects and maps decentralized datasets; CN-Shroud, which uses differential privacy techniques to balance re-identification risk and data quality; and CN-Insight, a tool for training machine learning models to predict adverse drug reactions across distributed datasets. By enabling the creation of privacy-protected datasets and allowing for the development of statistical and machine learning models without compromising intellectual property, CryptoNumerics addresses the challenges posed by data restrictions and helps organizations utilize their data more effectively. The company operates as a subsidiary of Snowflake Computing Inc. since July 2020.
Innovative Protein Technologies
Non Equity Assistance in 2017
Innovative Protein Technologies is a biotechnology startup focused on creating environmentally-friendly products derived from natural protein molecules for agricultural and home applications. Founded by graduates from the University of Guelph and the University of Waterloo, the company aims to harness nature's diverse protective strategies. Its flagship product, "Frost Armour," is a spray-on solution designed to protect crops from frost damage during the spring growing season. In addition to this, Innovative Protein Technologies offers services in expression optimization, stability testing, functional engineering, protein production, protein modification, and plasmid constructs, enhancing the ability of users to utilize bio-friendly solutions for effective crop protection and gardening.
Cerebri AI
Non Equity Assistance in 2017
Cerebri AI Inc. is a technology company based in Austin, Texas, specializing in software solutions for decision-making in customer and traveler experiences. Founded in 2015, the company leverages advanced artificial intelligence infrastructure from leading providers such as IBM, Microsoft, Amazon, and Google. Its flagship platform, Cerebri Decisions, employs sophisticated data engineering and AI modeling to address complex challenges in customer experience (CX) and traveler experience (TX). The platform processes various datasets, including customer journeys and corporate financial data, delivering insights in near real-time to facilitate prompt decision-making. Cerebri AI's innovative approach is underscored by its filing of 27 patents, with several granted or pending, reflecting its commitment to addressing intricate data reconciliation and modeling issues. The company also maintains a presence in Toronto, expanding its reach in the technology sector.
Brizi
Non Equity Assistance in 2017
Brizi Inc. is a Canadian company that specializes in remote-control augmented reality camera systems, enabling fans to control cameras in venues such as stadiums, arenas, and auditoriums. Founded in 2014 and based in Toronto, Brizi offers technology that allows attendees to use their smartphones to capture live event moments and share them instantly on social media. This innovation not only enhances the fan experience but also provides venues with opportunities for monetization through real-time and social sharing applications. The company has formed a strategic alliance with Canon U.S.A., further solidifying its position as a leader in fan-controlled camera technology across various sports and entertainment venues worldwide.
Wondereur
Non Equity Assistance in 2017
Wondereur Inc. operates a digital art platform that connects contemporary artists with potential buyers and art enthusiasts. Through its application for iPad and iPhone, the platform allows artists to share personal stories and insights about their creative processes, while photojournalists provide visual documentation of artists' environments. Additionally, the platform assists curators in identifying emerging talent and offers early-bird pricing for art acquisitions. Wondereur also analyzes various factors that influence an artist's market value, such as endorsements from galleries and publications, and generates intelligent indices that suggest price ranges and projected growth rates for contemporary artworks. Established in 2012 and headquartered in Toronto, Canada, Wondereur serves a diverse customer base across Europe, Asia, the United States, and Canada.
Phenomic AI
Non Equity Assistance in 2017
Phenomic AI Inc. is a biotechnology company based in Toronto, Canada, founded in 2017. The company specializes in developing artificial intelligence solutions to enhance drug discovery and the creation of therapies for cancer. Its innovative platform utilizes AI, computer vision, and high-content screening to analyze phenotypes in complex disease models, such as high-content co-culture and three-dimensional assays. By focusing on the tumor stroma, Phenomic AI aims to optimize the discovery and development of new medicines, streamlining the process for pharmaceutical companies to identify potential drug candidates more effectively.
FleetOps
Non Equity Assistance in 2017
FleetOps, founded in 2014 and based in Toronto, Canada, operates a freight marketplace that connects brokers and shippers with truck drivers. The company has developed an application that automates the allocation of loads to drivers by utilizing data from telematics providers. This data offers insights into truck locations, typical routes, idle times, and driver behavior, which are analyzed through artificial intelligence and machine learning algorithms to determine optimal load assignments. FleetOps also provides a dashboard for trucking dispatchers, allowing them to monitor logistics and track freight movement efficiently. By integrating these capabilities, FleetOps aims to streamline the trucking operation process and enhance overall efficiency for its clients.
reDock
Non Equity Assistance in 2017
reDock Inc., established in 2016 and headquartered in Ottawa, Canada, specializes in AI-driven software that streamlines and accelerates the response to complex Request for Proposals (RFPs) for IT consulting, IT staffing, and management consulting firms in North America. The platform manages corporate projects, resumes, templates, compliance, requirement matching, and more, enabling proposal development teams to focus on high-value tasks while the software automates and optimizes the background processes, potentially reducing response time by up to tenfold.
Salient Energy
Non Equity Assistance in 2017
Salient Energy is focused on the commercialization of a novel zinc-ion battery developed from research at the University of Waterloo. This innovative battery technology is designed for electricity storage in the grid, offering a safer and more sustainable alternative to conventional lithium-ion batteries. Salient Energy's proprietary cathode materials uniquely incorporate zinc into their crystal lattice, resulting in a relatively high energy density. This advancement allows for the use of traditional battery designs compatible with existing manufacturing processes, making it feasible to produce these batteries in current facilities worldwide. Consequently, Salient Energy's products provide a cost-effective, long-lasting solution for energy storage, catering to the needs of electric industry stakeholders.
EnergyX Solutions
Non Equity Assistance in 2017
EnergyX Solutions Inc. is a technology company based in Toronto, Canada, specializing in energy management and conservation. Established in 2016, the company has developed a cloud-based energy management software platform that facilitates energy efficiency programs for utilities and energy retailers. Their online platform, "MyEnergyXpert," automates the energy audit process and engages customers by providing personalized recommendations through artificial intelligence. The platform helps identify potential energy savings, enroll customers, and track their progress in real-time, allowing program managers to monitor customer journeys and receive insights for future program design. By implementing its digitized energy efficiency solutions, EnergyX aims to significantly reduce global greenhouse gas emissions, promoting customized energy savings for homes and businesses.
Luminari
Seed Round in 2017
Luminari Talent Inc. is a career management platform dedicated to Chartered Professional Accountants (CPAs) and CPA candidates in Canada. Established in 2016 and headquartered in Toronto, the company operates an online job portal that aggregates job opportunities for both candidates and employers. Luminari offers a comprehensive suite of services designed to facilitate the professional development of CPAs, including job listings, continuing professional development (CPD) resources, mentorship programs, and various networking events. The platform has supported thousands of Canadian CPAs in advancing their careers. Luminari collaborates with several notable organizations, including Xero, CPA Ontario, and CIBC, to enhance the accounting profession and provide valuable resources to its users.
Tread
Non Equity Assistance in 2016
Tread, Inc. is a Toronto-based company founded in 2016 that specializes in developing a platform for managing construction equipment services. The platform facilitates interaction among contractors, brokers, and operators, simulating a unified fleet experience. By leveraging data analytics, Tread enables construction companies to hire equipment-operating subcontractors effectively. Its software provides real-time recording and measurement of equipment usage, allowing clients to identify opportunities for cost savings and optimize operational efficiency in construction projects.
Tenstorrent
Non Equity Assistance in 2016
Tenstorrent Inc. is a Canadian company that develops and manufactures application-specific integrated circuits (ASIC) focused on artificial intelligence and machine learning. Founded in 2016 and headquartered in Toronto, with an additional office in Austin, Texas, Tenstorrent specializes in providing scalable and efficient hardware solutions for various applications, ranging from battery-powered Internet of Things (IoT) devices to large cloud servers. The company’s architecture supports deep learning and enables adaptability in algorithms, catering to developers and researchers in the technology sector. By offering advanced AI hardware and software, Tenstorrent aims to enhance computational performance and facilitate the growth of machine learning technologies.
Mimosa
Non Equity Assistance in 2016
MIMOSA Diagnostics Inc. is a Toronto-based company established in 2016 that specializes in the development of a multispectral mobile tissue assessment device. The company's flagship product, the MIMOSA Pro, is a handheld device that utilizes near-infrared light to non-invasively evaluate tissue health by visualizing biomarkers such as oximetry and temperature beneath the skin's surface, regardless of skin color. This technology aims to enhance patient care by providing immediate insights that can inform treatment decisions, thereby improving outcomes for patients, particularly for those with diabetes who need to monitor their foot health. The device is designed for easy use by both patients and caregivers, streamlining the process of assessing tissue health without the need for extensive testing or long wait times.
Ada
Non Equity Assistance in 2016
Ada Support Inc. is a Toronto-based company that specializes in developing a chatbot platform designed to enhance customer experience for enterprise businesses. Founded in 2016, the platform utilizes artificial intelligence and machine learning to automate customer support processes. By enabling non-technical support teams to manage inquiries effectively, Ada's technology reduces overall support volume and allows customers to find answers independently. The system continuously learns from interactions, improving its ability to serve customers over time.
H2nanO
Non Equity Assistance in 2016
H2nanO Inc. is a Canadian company that specializes in the development of advanced wastewater treatment technologies for municipal and industrial applications. Founded in 2015 and headquartered in Kitchener, with an additional office in Waterloo, the company focuses on creating innovative nonmaterial and nanotechnology products aimed at enhancing water treatment processes. H2nanO emphasizes sustainable and nature-based solutions that not only improve water quality but also contribute to emissions reduction, particularly in the resources sector.
HelpWear
Non Equity Assistance in 2016
HelpWear Inc., founded in 2015 and based in Toronto, Canada, specializes in developing innovative home heart monitoring solutions aimed at enhancing at-home healthcare. The company focuses on creating affordable and accessible products tailored to the needs of patients and the requirements of the healthcare system. Its flagship device is a waterproof wearable that monitors cardiovascular health, detects heart attacks, and transmits real-time alerts to medical facilities through an embedded emergency contact system. This technology enables patients with heart conditions to receive timely support from healthcare professionals while keeping them informed about their health status and necessary checkups.
SkyWatch
Seed Round in 2016
SkyWatch is a company that offers a digital infrastructure for the distribution of Earth observation data and derived intelligence. Founded in 2014 and headquartered in Waterloo, Ontario, SkyWatch has developed a satellite data intelligence platform that makes satellite data accessible to a wide range of users. Its platform enables developers to integrate Earth observation data into their applications and workflows cost-effectively. By providing access to remote sensing datasets, SkyWatch assists users in analyzing satellite data for various applications, including monitoring agricultural progress, predicting market trends, tracking maritime and aerial movements, and assessing global warming.
AmacaThera
Seed Round in 2016
AmacaThera Inc. is a clinical-stage biotechnology company based in Toronto, Canada, established in 2016. The company focuses on developing and commercializing an injectable hydrogel technology designed to enhance drug delivery for various medical applications. This innovative platform aims to improve patient outcomes in areas such as post-surgical pain management, cancer treatment, and other challenging therapeutic targets. AmacaThera's technology features a fast-gelling material that transitions from a liquid to a gel under force, combining hyaluronan and methylcellulose. This unique formulation allows for localized and sustained drug delivery, ultimately assisting healthcare providers in effectively managing patients' pain following surgery.
Acorn Biolabs
Grant in 2016
Acorn Biolabs, Inc. is a biotechnology company based in Toronto, Canada, founded in 2017. The company specializes in providing a take-home human cell cryopreservation service that focuses on non-invasive, follicle-based cell collection methods. Acorn Biolabs aims to preserve healthy young cells for potential future use in regenerative treatments, including gene therapies and stem cell therapeutics. Its services are accessible directly to consumers through both at-home and in-clinic collections, and the company partners with various clinics and pharmacies to expand its reach across Canada.
WatrHub
Venture Round in 2015
WatrHub Inc. is a digital intelligence company based in Toronto, Canada, specializing in artificial intelligence to provide critical market insights for the water infrastructure sector. Founded in 2011, WatrHub delivers predictive intelligence about infrastructure opportunities in the U.S. and Canada by transforming millions of public documents into actionable sales leads and market insights. The company maintains a comprehensive data warehouse focused on U.S. water and wastewater utilities, allowing clients to run tailored queries to uncover specific market questions and sales opportunities. By subscribing to WatrHub's services, manufacturers can identify and engage with potential clients in water utilities, facilitating the introduction of advanced technologies to address aging infrastructure challenges.
WinterLight Labs
Non Equity Assistance in 2015
WinterLight Labs Inc. is a Toronto-based company that specializes in developing a speech-based platform for detecting cognitive and mental diseases, including dementia and Alzheimer’s disease. Founded in 2015, the company utilizes artificial intelligence to analyze and quantify speech and language patterns, allowing for the accurate identification and monitoring of cognitive impairments. The platform can assess a person's cognitive, acoustic, and linguistic state from a brief one-minute speech sample, evaluating aspects such as lexical diversity, syntactic complexity, semantic content, and articulation. WinterLight Labs' technology has significant applications in clinical trials, long-term and primary care, and speech-language pathology, enabling healthcare professionals to track the progression of cognitive conditions effectively.
Sensassure
Non Equity Assistance in 2015
Sensassure is a company focused on enhancing incontinence care for seniors through innovative technology. Founded in 2013 and based in Toronto, Canada, Sensassure has developed the SmartPatch, a wearable sensor that attaches to the outside of adult briefs. This device allows caregivers to monitor when a resident may experience an episode of incontinence, facilitating timely interventions. By providing insights into wetness levels, the SmartPatch helps reduce costs associated with briefs and laundry while supporting residents in maintaining their dignity and skin integrity. Sensassure aims to improve the quality of life for elderly individuals by delivering personalized care solutions.
BrainFx
Seed Round in 2015
BrainFx is a company focused on developing a neurological assessment platform aimed at identifying the subtle effects of brain disorders. Founded by experienced Occupational Therapists Tracy Milner and Heather Condello, the company emerged from their extensive practice in neurorehabilitation. Recognizing a significant gap in the availability of comprehensive assessment tools for individuals with neurological deficits, BrainFx offers a suite of clinical assessments that measure the functional impact of conditions such as mild to moderate brain injuries, learning disabilities, concussions, mental illnesses, dementia, and cognitive effects of chronic conditions. This platform enables healthcare providers to create targeted and personalized care plans, ultimately enhancing the quality of treatment for clients with diverse neurological challenges. Additionally, BrainFx actively promotes the integration of technology in clinical practice, drawing from their deep understanding of both clinical needs and current research to improve outcomes for individuals affected by brain disorders globally.
Kepler
Non Equity Assistance in 2015
Kepler Communications Inc. specializes in satellite communications by designing, developing, and operating satellite infrastructure for space-based connectivity. The company focuses on creating a network of Low-Earth Orbit satellites that facilitate communication for various applications, including connecting space stations and devices. Its offerings include PolarConnect, which allows organizations in extreme environments to maintain global connectivity, and the Global Data Service, a high-bandwidth solution for transferring large data files from remote locations to the internet. Kepler is also developing everywhereIOT, a solution aimed at providing reliable, low-power connectivity for Internet of Things devices worldwide. Established in 2015 and headquartered in Toronto, Canada, Kepler serves diverse industries such as maritime, natural resources, research, defense, and logistics, positioning itself as a leader in addressing connectivity challenges in both terrestrial and space environments.
Algocian
Non Equity Assistance in 2015
Algocian Inc. is a Toronto-based company founded in 2015 that specializes in developing image recognition video analytics software. The company's technology enables real-time person detection for various applications, particularly in the security and automotive sectors. By utilizing advanced image recognition capabilities, Algocian aims to enhance video monitoring systems, making them more effective and responsive. The software is designed to work with both digital and analog cameras, broadening its applicability across different types of surveillance and monitoring environments.
SkyWatch
Non Equity Assistance in 2015
SkyWatch is a company that offers a digital infrastructure for the distribution of Earth observation data and derived intelligence. Founded in 2014 and headquartered in Waterloo, Ontario, SkyWatch has developed a satellite data intelligence platform that makes satellite data accessible to a wide range of users. Its platform enables developers to integrate Earth observation data into their applications and workflows cost-effectively. By providing access to remote sensing datasets, SkyWatch assists users in analyzing satellite data for various applications, including monitoring agricultural progress, predicting market trends, tracking maritime and aerial movements, and assessing global warming.
Sesame HQ
Non Equity Assistance in 2014
Sesame HQ Inc., based in Toronto, Canada, offers a web-based software application designed for teachers and students in Kindergarten through Grade 12. The platform enables educators to document observations, conversations, and student work, facilitating the tracking of student progress through various formats, including photos, videos, and audio recordings via the Sesame Snap app. Teachers can collaboratively plan lessons, provide feedback through rubrics and checklists, and maintain personalized learning portfolios for each student. These portfolios contain tangible evidence of learning and can be shared with parents and other educators, enhancing visibility into each student's educational journey. Sesame's application is particularly useful in project-based learning and performance-oriented fields such as the arts and culinary training.
Petbot
Non Equity Assistance in 2014
PetBot Inc., founded in 2013 and based in Toronto, Canada, specializes in developing a pet care and monitoring system that utilizes internet-connected devices and cloud-based applications. As a subsidiary of Petcube, Inc., PetBot offers a compact and refillable device that allows pet owners to connect with their pets from anywhere. The device is wall-mountable, wifi compatible, and does not require batteries, making it user-friendly. Pet owners can customize audio greetings, remotely feed their pets, and capture photos and videos, enabling them to provide care and interaction even when they are away. This innovative approach enhances the pet ownership experience by ensuring pets receive attention and care, regardless of their owners' physical presence.
OTI Lumionics
Non Equity Assistance in 2013
OTI Lumionics Inc. is a Toronto-based company founded in 2011, specializing in the development of organic light emitting diode (OLED) lighting solutions for various applications. The company focuses on innovative products, including transparent displays, under panel sensors, and under display cameras. Among its notable offerings is the aerelight A1 OLED Lamp, which integrates a LED desk lamp design with a wireless charger. OTI Lumionics utilizes advanced technologies such as HaloTorr and ElektroTorr to enhance its product capabilities. The company was established by a team of accomplished researchers and engineers from the University of Toronto's Department of Materials Science & Engineering, aiming to unlock the full potential of OLED technology.
Kiwi.ai
Non Equity Assistance in 2013
Kiwi is the world leader in motion recognition technology. With Kiwi's dead simple motion recognition platform, you can get your products tracking motions in literally a matter of minutes. Capture, analyze and improve anything: any motion, on any device, with any sensor. Based in Toronto, Canada, Kiwi's team works diligently to solve the ambiguous motions that surround us. By categorizing and analyzing motions, you can do anything from a simple repetition count in the gym, to analyzing safety metrics in a factory. The options are endless, reach out to us to find out how your products could benefit from motion recognition.
Instant Chemistry
Non Equity Assistance in 2013
Instant Chemistry is a biotechnology company based in Toronto, Ontario, that focuses on determining compatibility for singles and couples through personal genomics. Founded in 2013 by Ron Gonzalez and Sara Seabrooke, the company offers a platform that combines psychological compatibility tests with tools designed to enhance the likelihood of individuals finding their ideal match. By providing insights into genetic and psychological factors, Instant Chemistry aims to empower people with the knowledge needed to make informed relationship choices.
PUSH Design Solutions Inc. is a technology company based in Toronto, Canada, founded in 2013. It specializes in designing and developing workout performance monitoring solutions, primarily through its PUSH Band 2.0, a wristband that tracks workout data from both the body and exercise equipment. The company offers an online portal that enables users to organize their workouts, training programs, and store their performance data. PUSH operates under two brands: PUSH Pro, which provides solutions for professional sports, wellness, and military sectors, allowing coaches and trainers to schedule and analyze user performance remotely; and PUSH Athlete, which aims to enhance the fitness experience by integrating traditional equipment with advanced technology, offering features such as coaching, data analysis, and community engagement.
Canopy Labs
Non Equity Assistance in 2012
Canopy Labs Software Inc. offers a predictive customer analytics platform designed for small and mid-sized enterprises. Founded in 2012 and based in Toronto, Canada, the company assists businesses in analyzing data to forecast customer preferences and churn rates. The platform enables users to develop customer models, plan sales campaigns, and optimize lead lists, ultimately aiming to enhance revenue and sales growth. By providing tools for marketing strategy and audience analysis, Canopy Labs has supported numerous companies in effectively understanding and engaging with their customers. As of November 2018, Canopy Labs operates as a subsidiary of Drop Technologies Inc.
Nymi
Non Equity Assistance in 2012
Nymi Inc. is a Toronto-based company that specializes in wearable biometric devices, particularly the Nymi Band, which utilizes proprietary HeartID technology to authenticate users based on their unique electrocardiogram. Founded in 2011 and rebranded from Bionym Inc. in December 2014, Nymi aims to facilitate digital transformation in various sectors, including life sciences, healthcare, manufacturing, and financial services. The company offers a connected worker platform designed to enhance workplace safety, security, productivity, and data integrity by integrating human users with their digital environments. Nymi also provides a mobile application for Android to activate their wearable devices and sells the Nymi Bands online. Recognized for its positive workplace culture, Nymi was awarded one of the Best Workplaces in Canada in 2019 for companies with fewer than 100 employees.