Blumind develops an analog AI neural network architecture designed for low-power edge computing and provides inferencing engines for edge smart sensors and devices. The platform uses standard semiconductor technology to deliver real-time inference with minimal energy consumption, enabling always-on artificial intelligence at the edge. It supports features such as keyword detection, biometric pattern recognition, gesture identification, and image classification, allowing industries to deploy efficient AI on edge devices.
Nomic is a bioengineering company developing the nELISA platform for measuring proteins at scale and high throughput. They offer protein profiling solutions empowering scientists to decide experiment scope and scale.
BioIntelligence Technologies
Seed Round in 2024
BioIntelligence Technologies develops intelligent monitoring instruments for accelerating bioprocess development in the biotechnology industry. Their solutions enable real-time inline measurements of multiple bioprocess variables, helping to increase conversion yields and reduce product losses.
BIOS Health is a pioneering company focused on developing neural digital therapies by harnessing data-driven insights from the human nervous system. Co-founded by researchers from Cambridge University, the firm aims to revolutionize precision medicine through the identification of neural biomarkers that link nerve activity to various medical conditions. BIOS's innovative approach holds promise for treating chronic diseases such as hypertension, diabetes, rheumatoid arthritis, and neurodegenerative disorders like Parkinson's and Alzheimer's. The company's expertise encompasses a diverse range of fields, including neuroscience, machine learning, software engineering, and biotechnology, allowing it to create advanced solutions for improving the quality of life for individuals suffering from these conditions. Additionally, BIOS is engaged in developing prosthetic connectors that standardize the interface between bionic devices and the body's nervous and soft-tissue systems, enabling enhanced control and feedback for patients with prosthetics.
dcbel
Venture Round in 2023
dcbel develops smart home energy systems that enable households to manage energy supply through a single platform, combining solar inverters, energy management software, and AI-driven forecasting to optimize consumption, store energy during off-peak periods, and prepare for outages. It also supports bidirectional DC fast charging for homes, enabling more efficient charging of electric vehicles. The all-in-one home energy management system is designed to operate across climates and residences, helping users reduce energy costs and lower their environmental footprint by integrating generation, storage, and vehicle charging.
Eli is a company focused on empowering women to manage their health by providing insights into their hormone profiles. It has developed an at-home device that monitors hormones using saliva samples, allowing for daily tracking of hormonal changes. Alongside the device, Eli offers an app that delivers personalized insights based on the collected data. The primary aim of Eli is to offer women a reliable and effective means to take charge of their fertility and contraception choices, thereby enhancing their overall health and well-being.
SPARK Microsystems
Series B in 2023
SPARK Microsystems is a fabless semiconductor company developing wireless transceiver technology for ultra-low power Internet of Things applications. Its patented solutions deliver higher data rates with lower power consumption and reduced latency, extending device battery life and enabling efficient wireless operation in energy-constrained environments.
Plum.io
Convertible Note in 2023
Plum.io, Inc. is a Canadian software company that has developed a recruitment platform leveraging data-driven assessments to match job candidates with organizational needs. Established in 2012 and formerly known as Cream.HR, the company aims to enhance talent acquisition and management processes through its software as a service (SaaS) offerings. Plum's platform provides tools for workforce re-organization, planning, succession, and employee development, enabling organizations to quantify job fit and improve hiring quality. By focusing on objective data, Plum facilitates personalized career insights and helps create high-performing teams. The company has received recognition in the HR industry, including awards for its innovative technology.
Goose Insurance Services
Series A in 2023
Goose Insurance Services is a Vancouver-based company founded in 2017 that offers a mobile-first platform for buying travel and other insurance products. It provides a self-serve application for discovery, quoting, and purchasing across life, health, property, and travel coverage through an MGA/MGU model, targeting digitally native consumers in North America. The app includes features such as travel medical insurance options, reminders when near airports or borders, and an in-app emergency service locator, along with brokerage services to simplify selecting appropriate coverage. The firm aims to provide simple, inexpensive, and relevant insurance via a mobile-first self-service approach.
Peggy is a secure marketplace that makes investing in high-quality art accessible. It partners with galleries and artists to offer affordable prices, enabling buyers to enjoy and potentially profit from their purchases. Peggy also ensures artists earn royalties from secondary sales and benefits galleries through its platform.
HALEO Clinic
Seed Round in 2022
HALEO Preventive Health Solutions Inc. is a Montréal-based company founded in 2015 that specializes in tele-psychotherapy software and mobile applications focused on treating sleep and mental health disorders. The clinic offers healthcare programs designed to improve sleep quality and address insomnia through video consultations with qualified doctors, therapists, and experts. By leveraging digital solutions, HALEO aims to enhance access to high-quality care, thereby promoting better health and performance. Their services not only assist individuals in managing sleep-related issues but also help organizations mitigate costs associated with productivity losses, accidents, and employee burnout by fostering improved sleep among their workforce.
Axya is a startup that offers an online platform designed to connect small and medium-sized shop owners with suppliers in the manufacturing sector. The company provides a user-friendly marketplace that standardizes and centralizes the subcontracting process, addressing the complexities faced by buyers and suppliers. Through its innovative platform, Axya enables users to make informed decisions by providing valuable insights, streamlining the outsourcing process in the manufacturing industry.
Nord Quantique
Seed Round in 2022
Nord Quantique is a company that specializes in the development of advanced quantum processors utilizing second-generation technology. It focuses on creating superconducting circuits that effectively reduce errors at the individual qubit level, thereby addressing significant challenges within the quantum computing field. By enhancing the reliability and performance of quantum processors, Nord Quantique aims to unlock the full potential of quantum computing applications. This innovative approach facilitates a quicker transition to fault-tolerant quantum computers, ultimately providing businesses with improved capabilities in harnessing quantum technologies.
Wrk is a company focused on simplifying automation through its innovative integration and delivery platform. The platform leverages a concept known as Hybrid Automation, which seamlessly combines human input and advanced technologies such as APIs, robotic process automation (RPA), and optical character recognition (OCR). This approach allows Wrk to address various business processes effectively, ranging from straightforward data entry and research tasks to more intricate operations like generating custom reports and configuring entire websites. By enabling businesses to automate and scale their processes as needed, Wrk aims to deliver high-quality results without the complications typically associated with automation.
League is a technology company specializing in next-generation healthcare consumer experiences. It offers a platform that creates personalized digital health experiences, driving measurable results.
Petra is a robotics company specializing in underground utility solutions. The firm has developed advanced tunneling robots designed to efficiently and safely bore utility conduits through various geological conditions, including high-grade hard rock. By enabling the undergrounding of critical utilities, Petra provides a practical and cost-effective means to construct small-diameter infrastructure, particularly in disaster-prone areas. Their technology addresses the challenges of traditional tunneling methods, making it feasible to install essential utilities in previously inaccessible locations.
Nectar Technologies
Seed Round in 2021
Nectar Technologies aims to preserve honeybee health by assisting beekeepers in providing appropriate care at the right time through bee-friendly technology.
Clutch is a technology company revolutionizing car buying, selling, and ownership. It offers high-quality certified vehicles through a seamless online customer experience, with inventory browsing, purchase completion, and effortless home delivery. Clutch aims to provide customers with a delightful car-buying journey while positively impacting communities.
Zeffy is an online fundraising platform for nonprofits that delivers technology-driven tools to raise funds and manage programs. The platform supports donation campaigns, event ticketing, membership forms, and volunteer recruitment, helping organizations run campaigns and coordinate community work. It is described as a free fundraising solution trusted by more than 5,000 NGOs across North America, with features that connect volunteers to opportunities based on availability, location, and interests.
Uvaro is a career success platform offering training programs, paid internships, coaching, and mentorship services. It focuses on empowering individuals for long-term success in tech sales roles by combining on-demand classes, live sessions, virtual internships, and industry-specific experiences.
YData is a company that specializes in enhancing the efficiency of data science teams in artificial intelligence (AI) development. It provides a platform that simplifies access to existing data and offers tools for data improvement, which leads to better machine learning outcomes and increased return on investment. The company also develops automated software focused on data privacy and synthetic data generation. This platform employs artificial intelligence to create datasets of user-defined sizes while maintaining original statistical properties and ensuring compliance with data privacy regulations such as GDPR. By facilitating insight extraction and enabling secure data sharing between organizations, YData supports clients in accelerating their business insights.
Gallea
Pre Seed Round in 2021
Gallea is an online art gallery based in Montreal, Quebec, Canada, recognized as the fastest growing in the country. The company focuses on showcasing local talent on a global scale, with the ambition of becoming the largest art distribution network worldwide. Gallea's platform enables artists to create portfolios, host virtual exhibitions, and present their artistic approaches to potential buyers and exhibition venues. By facilitating these connections, Gallea empowers artists to enhance their sales and visibility in the art market.
XpertSea is a Canadian technology company that develops hardware and software for aquaculture farming. It offers XperCount, a connected device for counting, sizing, and imaging small aquatic organisms, and a data platform for storing and analyzing aquatic population information. The company combines smart aquaculture equipment with an AI-powered farm management platform that delivers actionable insights to optimize feed efficiency, reduce environmental waste, and help prevent diseases. Its solutions include smartphone-compatible software with offline functionality and pond-specific forecasting to aid harvest planning and growth monitoring. With customers in more than 50 countries, XpertSea aims to improve profitability and sustainability across the global aquaculture supply chain.
Fletch is a data analytics platform that streamlines the process of data management and analysis for security teams. By employing advanced AI search technology, Fletch automatically connects and maintains various data feeds, allowing users—both technical and non-technical—to quickly access valuable insights. The platform organizes and cross-correlates data, offering visualizations and trends in an understandable format. Fletch focuses on providing ready-to-use analytics that help organizations gain visibility into their risk posture, compliance frameworks, and emerging threats. Users can select specific solution sets, connect their data sources, and within 24 hours, receive actionable insights to enhance operational efficiency. With a proven track record in delivering analytics solutions for Fortune 500 companies, small and medium enterprises, and government agencies, Fletch aims to eliminate busywork and empower users to make informed decisions swiftly. The company is supported by prominent investors, including August Capital and Google Ventures.
Tenstorrent
Series C in 2021
Tenstorrent Inc. is a technology company based in Toronto, Canada, with an additional office in Austin, Texas, founded in 2016. The company specializes in the development and manufacturing of application-specific integrated circuits (ASICs) tailored for machine learning and data processing tasks. Its hardware architecture is designed to support a range of applications, from battery-powered Internet of Things (IoT) devices to large-scale cloud servers, providing scalable solutions for deep learning. Tenstorrent's offerings enable developers and researchers in the artificial intelligence sector to enhance computational performance and adapt algorithms effectively, positioning the company as a key player in advancing AI technology.
Botpress is an open-source chatbot platform that designs and develops tools for building, deploying, and managing conversational experiences. The platform supports scripted, AI-driven, and application-based chatbots and offers on-premises deployment. It provides a conversational flow management system, natural language understanding, and extensibility that can be managed by non-developers after deployment. Hundreds of thousands of developers and organizations use Botpress to power their conversational strategy.
Axya is a startup that offers an online platform designed to connect small and medium-sized shop owners with suppliers in the manufacturing sector. The company provides a user-friendly marketplace that standardizes and centralizes the subcontracting process, addressing the complexities faced by buyers and suppliers. Through its innovative platform, Axya enables users to make informed decisions by providing valuable insights, streamlining the outsourcing process in the manufacturing industry.
My Intelligent Machines
Seed Round in 2021
Montreal-based My Intelligent Machines designs biology software that combines artificial intelligence and systems biology to support early-stage drug development and personalized therapies. The company offers a software-as-a-service platform enabling augmented intelligence-driven simulations, patient stratification, and the identification of therapeutic targets and biomarkers. By leveraging big data and AI, it helps life-science teams design precise therapies and streamline research, while also applying its platform to agriculture to optimize production systems. The goal is to accelerate efficient, targeted therapies and improve outcomes across biopharma and related fields.
dcbel
Venture Round in 2021
dcbel develops smart home energy systems that enable households to manage energy supply through a single platform, combining solar inverters, energy management software, and AI-driven forecasting to optimize consumption, store energy during off-peak periods, and prepare for outages. It also supports bidirectional DC fast charging for homes, enabling more efficient charging of electric vehicles. The all-in-one home energy management system is designed to operate across climates and residences, helping users reduce energy costs and lower their environmental footprint by integrating generation, storage, and vehicle charging.
QuoteMachine
Seed Round in 2021
QuoteMachine specializes in sales software that facilitates complex sales processes involving human interactions, customized payment terms, or unique orders. Its platform creates microsites for seamless customer experiences, proven to enhance revenue and cash flow in both B2C and B2B settings.
Livescale
Seed Round in 2021
Livescale is a live shopping solution based in Montreal, Canada, founded by Virgile Ollivier. The company offers a platform that enables brands to enhance audience engagement and sales conversion through immersive shoppable live video experiences. By providing a fully-customized, brand-owned environment, Livescale allows businesses to create awareness and foster community among their customers. Its unique technology includes integrated checkout features and comprehensive client resources, making it a distinctive player in the global market. Livescale aims to optimize revenues, expand market reach, and strengthen client relationships for e-commerce businesses through its innovative approach to live shopping.
SPARK Microsystems
Private Equity Round in 2021
SPARK Microsystems is a fabless semiconductor company developing wireless transceiver technology for ultra-low power Internet of Things applications. Its patented solutions deliver higher data rates with lower power consumption and reduced latency, extending device battery life and enabling efficient wireless operation in energy-constrained environments.
Peggy
Pre Seed Round in 2021
Peggy is a secure marketplace that makes investing in high-quality art accessible. It partners with galleries and artists to offer affordable prices, enabling buyers to enjoy and potentially profit from their purchases. Peggy also ensures artists earn royalties from secondary sales and benefits galleries through its platform.
Eli is a company focused on empowering women to manage their health by providing insights into their hormone profiles. It has developed an at-home device that monitors hormones using saliva samples, allowing for daily tracking of hormonal changes. Alongside the device, Eli offers an app that delivers personalized insights based on the collected data. The primary aim of Eli is to offer women a reliable and effective means to take charge of their fertility and contraception choices, thereby enhancing their overall health and well-being.
Paper
Funding Round in 2020
Paper is an educational technology company that provides personalized tutoring support for students. Its platform offers live help, essay feedback, real-time reports, and intervention tools to facilitate learning and assist teachers. Founded in 2014, Paper is headquartered in Montreal, Canada.
Canvass AI
Series A in 2020
Canvass AI offers an AI-driven platform tailored for Industrial Operations. It empowers operators to enhance product quality, optimize processes, and reduce energy consumption in their daily tasks.
Chef Jasper
Seed Round in 2020
Chef Jasper, operating under YPC Technologies, is a Montreal-based startup specializing in food robotics. Founded in 2016, the company focuses on making gourmet food more accessible through the development of automated robotic kitchens. These innovative kitchens utilize artificial intelligence, computer vision, and advanced cooking appliances to prepare a diverse array of dishes with fresh ingredients. By implementing small-scale robotic automation in cooking processes, Chef Jasper's food kiosks offer consistent, high-quality meals at a low cost, catering to restaurants and arenas alike. The company's vision aims to revolutionize the culinary experience by enhancing efficiency and accessibility in food preparation.
Omnirobotic
Seed Round in 2020
Omnirobotic Inc. is a Canadian company founded in 2016 that specializes in the development of autonomous industrial robots aimed at addressing manpower shortages in manufacturing. Its flagship product, the Omnipainter, is a vision-guided robotic system that leverages artificial intelligence to enhance flexibility, scalability, and customization in coating and painting applications. Omnirobotic's technology enables the automation of operations for manufacturers dealing with high mix, low volume products, allowing robots to perceive their environment, plan tasks, and execute actions in real-time without manual programming. By transforming traditional industrial robots into autonomous systems, Omnirobotic facilitates the automation of complex manufacturing processes, thereby increasing productivity and efficiency in the industry. The company installed its first autonomous robot in 2019, marking a significant milestone in its mission to revolutionize the painting and coating sectors.
Breathe Life
Series A in 2020
Breathe Life Inc. is a Montreal-based company established in 2017 that specializes in providing a software platform for the life insurance industry. This enterprise Software-as-a-Service (SaaS) solution facilitates the digital distribution of life insurance policies, effectively removing the need for brokers. Breathe Life's platform enables insurers, distribution organizations, and advisors to enhance business operations by streamlining the policy delivery process and lowering operational costs. With features that allow consumers to create quotes and complete applications in a single session, the platform empowers users to independently purchase financial security products. Overall, Breathe Life aims to modernize and optimize how insurance companies engage with clients and manage their offerings.
Clean.io develops a digital engagement security platform that safeguards businesses from malvertising threats and e-commerce fraud. Its products, cleanAD and cleanCART, protect publishers and merchants by detecting and blocking malicious third-party code in real-time.
Clutch is a technology company revolutionizing car buying, selling, and ownership. It offers high-quality certified vehicles through a seamless online customer experience, with inventory browsing, purchase completion, and effortless home delivery. Clutch aims to provide customers with a delightful car-buying journey while positively impacting communities.
Willful
Seed Round in 2020
Willful is building a suite of estate planning products for Canadians, starting with online wills. Using Willful, Canadians can create a will online in less than 20 minutes, for a fraction of the price of a traditional estate lawyer. Our goal is to make it easier to help people prepare for and deal with death, and to give Canadians and their families peace of mind that they have a plan in place.
CALA, Inc. is a fashion technology company based in New York that provides a digital platform for fashion designers and influencers to design, produce, and launch custom apparel. Founded in 2016, CALA offers a suite of tools including CALA Studio, which utilizes 3D scanning and augmented reality technology to facilitate accurate body measurements through smartphone photos. This enables users to create a wide range of garments, from outerwear to swimwear, with a focus on achieving the right fit for consumers. The platform integrates design, development, production, and logistics into a cohesive system, connecting designers with a global network of production partners. By streamlining the apparel supply chain, CALA empowers creators to produce high-quality, customized fashion that combines the refinement of haute couture with the efficiency of mass-market manufacturing.
Tru Luv Media
Funding Round in 2020
Founded in Toronto, Canada in 2015, Tru Luv Media designs and develops self-care application software. Its offerings include backgrounds, paper kits, and coloring pages to promote relaxation and stress reduction.
Vention is a cloud-based digital manufacturing platform that enables engineers and manufacturing professionals to design, order, and assemble custom factory equipment in days. It features a 3D Machine Builder with a library of modular structural, motion, and control components, including T-slot aluminum extrusion systems, and supports design, simulation, and ordering directly in a web browser. Its AI-enabled 3D constraints help optimize layouts and ensure feasible configurations, while the platform integrates design, programming, simulation, ordering, and commissioning in a single digital environment. Vention serves both experienced automation specialists and first-time designers, streamlining the creation of automated equipment for applications such as robot cells, tooling, conveyors, and other factory automation.
Sollum Technologies Inc., established in 2015 and headquartered in Montreal, Canada, specializes in designing and manufacturing innovative lighting systems. The company's core product is a smart LED lighting solution that dynamically replicates the full spectrum of natural sunlight, optimizing growth conditions for crops and animals. Sollum works closely with greenhouse producers, tailoring light recipes to match the growth cycles of various plants, regardless of their native climate or greenhouse location. This adaptive technology not only enhances energy efficiency and productivity but also improves produce quality, all while minimizing environmental impact.
Axya
Pre Seed Round in 2020
Axya is a startup that offers an online platform designed to connect small and medium-sized shop owners with suppliers in the manufacturing sector. The company provides a user-friendly marketplace that standardizes and centralizes the subcontracting process, addressing the complexities faced by buyers and suppliers. Through its innovative platform, Axya enables users to make informed decisions by providing valuable insights, streamlining the outsourcing process in the manufacturing industry.
Paper
Venture Round in 2020
Paper is an educational technology company that provides personalized tutoring support for students. Its platform offers live help, essay feedback, real-time reports, and intervention tools to facilitate learning and assist teachers. Founded in 2014, Paper is headquartered in Montreal, Canada.
BenchSci is a developer of a research intelligence platform that leverages artificial intelligence and machine learning to enhance the efficiency of biomedical research. The company's technology translates both closed and open-access data into actionable recommendations for specific experiments, particularly in antibody extraction. By streamlining the experimental process, BenchSci allows researchers and scientists to conduct successful experiments more quickly and with reduced resource wastage. The platform is utilized by pharmaceutical companies and over 4,300 research centers globally, significantly contributing to the acceleration of drug discovery and biomedical advancements.
Unito is a Montréal-based software company that offers Unito, a project-management app integrator designed to synchronize projects, tasks, and conversations across multiple work management tools. Founded in 2015, the company enables cross-tool collaboration by connecting popular platforms such as Trello, Asana, Jira, GitHub, Wrike, Zendesk, and HubSpot, allowing teams to work without switching tools. The platform handles semantics and API integration to keep data in sync, supporting managers, cross-functional teams, and entire organizations to improve communication and productivity. It enables copying of tasks or entire projects between tools and supports seamless collaboration across departments without requiring tool changes.
Wrk is a company focused on simplifying automation through its innovative integration and delivery platform. The platform leverages a concept known as Hybrid Automation, which seamlessly combines human input and advanced technologies such as APIs, robotic process automation (RPA), and optical character recognition (OCR). This approach allows Wrk to address various business processes effectively, ranging from straightforward data entry and research tasks to more intricate operations like generating custom reports and configuring entire websites. By enabling businesses to automate and scale their processes as needed, Wrk aims to deliver high-quality results without the complications typically associated with automation.
Uvaro
Pre Seed Round in 2020
Uvaro is a career success platform offering training programs, paid internships, coaching, and mentorship services. It focuses on empowering individuals for long-term success in tech sales roles by combining on-demand classes, live sessions, virtual internships, and industry-specific experiences.
Botpress
Pre Seed Round in 2019
Botpress is an open-source chatbot platform that designs and develops tools for building, deploying, and managing conversational experiences. The platform supports scripted, AI-driven, and application-based chatbots and offers on-premises deployment. It provides a conversational flow management system, natural language understanding, and extensibility that can be managed by non-developers after deployment. Hundreds of thousands of developers and organizations use Botpress to power their conversational strategy.
Zeffy
Pre Seed Round in 2019
Zeffy is an online fundraising platform for nonprofits that delivers technology-driven tools to raise funds and manage programs. The platform supports donation campaigns, event ticketing, membership forms, and volunteer recruitment, helping organizations run campaigns and coordinate community work. It is described as a free fundraising solution trusted by more than 5,000 NGOs across North America, with features that connect volunteers to opportunities based on availability, location, and interests.
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.
RenoRun Inc. is a construction materials delivery company that caters to the needs of the construction industry. Founded in 2016 and headquartered in Montreal, Canada, the company offers a wide range of products, including beams, bricks, and concrete mixes. RenoRun has developed a mobile-friendly platform that allows general contractors to place orders easily, streamlining the process of procuring materials. This innovative service minimizes wasted time and effort for contractors by providing efficient delivery directly to job sites, with trained runners ensuring timely collection and drop-off of materials. In addition to its Montreal headquarters, RenoRun operates in Toronto, Canada, and Austin, Texas, positioning itself as a significant player in the construction supply market.
Guiker streamlines residential real estate by leveraging technology to simplify tenant-landlord interactions. It offers solutions throughout the renting process, enabling individual property owners to focus on long-term financial goals while reducing day-to-day management.
InVivo AI
Pre Seed Round in 2019
InVivo AI is a Montreal-based company founded in 2017 that specializes in leveraging artificial intelligence to enhance pharmaceutical research and development, with a particular focus on preclinical toxicology. The company has developed advanced AI methods for molecular representation, structure and ligand-based de novo design, and multiparameter optimization, enabling the creation of novel chemistry to address complex biological challenges.
Korbit Technologies
Seed Round in 2019
Korbit Technologies, founded in 2018 and headquartered in Montreal, Canada, specializes in developing Korbi, an artificial intelligence tutor designed to enhance the learning experience for students globally. The AI-driven platform offers interactive exercises and conversations that adapt to individual learning profiles, delivering personalized pedagogical support such as definitions, explanations, examples, and visual aids. Korbi's features include hands-on exercises, quizzes, visual diagrams, and performance tracking, all aimed at improving learning outcomes and motivation. The company serves a diverse audience, including students, teachers, publishers, and corporations, and has successfully trained nearly 20,000 learners in data science and AI. Korbit Technologies is committed to democratizing education by providing high-quality, personalized learning experiences at an accessible cost, and it has gained recognition as one of the top AI startups globally, receiving positive media coverage from prominent publications.
Plum.io
Seed Round in 2019
Plum.io, Inc. is a Canadian software company that has developed a recruitment platform leveraging data-driven assessments to match job candidates with organizational needs. Established in 2012 and formerly known as Cream.HR, the company aims to enhance talent acquisition and management processes through its software as a service (SaaS) offerings. Plum's platform provides tools for workforce re-organization, planning, succession, and employee development, enabling organizations to quantify job fit and improve hiring quality. By focusing on objective data, Plum facilitates personalized career insights and helps create high-performing teams. The company has received recognition in the HR industry, including awards for its innovative technology.
Element AI
Series B in 2019
Element AI is an artificial intelligence company that develops and delivers AI solutions for organizations to identify opportunities to deploy AI and machine learning. It operates an AI as a Service platform that enables businesses to launch and scale AI initiatives in partnership with large corporations. The company maintains an in-house research and development laboratory to advance AI technologies and their deployment in computing infrastructure. Element AI serves industries including insurance, banking and capital markets, manufacturing, logistics, retail, and consumer packaged goods. Founded in 2016 and headquartered in Montreal with an additional office in Toronto, it combines software products, services, and tools that help clients operationalize AI, augment decision-making, and improve business performance. Element AI also maintains collaborations with academia and engages in policy discussions related to technology's societal impact, while acting as an integrator to help organizations adopt and implement AI solutions.
Eli
Pre Seed Round in 2019
Eli is a company focused on empowering women to manage their health by providing insights into their hormone profiles. It has developed an at-home device that monitors hormones using saliva samples, allowing for daily tracking of hormonal changes. Alongside the device, Eli offers an app that delivers personalized insights based on the collected data. The primary aim of Eli is to offer women a reliable and effective means to take charge of their fertility and contraception choices, thereby enhancing their overall health and well-being.
My Intelligent Machines
Seed Round in 2019
Montreal-based My Intelligent Machines designs biology software that combines artificial intelligence and systems biology to support early-stage drug development and personalized therapies. The company offers a software-as-a-service platform enabling augmented intelligence-driven simulations, patient stratification, and the identification of therapeutic targets and biomarkers. By leveraging big data and AI, it helps life-science teams design precise therapies and streamline research, while also applying its platform to agriculture to optimize production systems. The goal is to accelerate efficient, targeted therapies and improve outcomes across biopharma and related fields.
Nectar Technologies
Seed Round in 2019
Nectar Technologies aims to preserve honeybee health by assisting beekeepers in providing appropriate care at the right time through bee-friendly technology.
Nomic
Pre Seed Round in 2019
Nomic is a bioengineering company developing the nELISA platform for measuring proteins at scale and high throughput. They offer protein profiling solutions empowering scientists to decide experiment scope and scale.
Sonder is a hospitality company that designs, selects, and directly manages a portfolio of apartment-style accommodations, including rooms, suites, apartments, and boutique hotel properties, for short- and long-term stays. It operates in more than 30 cities across eight countries and three continents, with each property chosen, designed, and managed by the company. The business blends well-designed spaces with a technology-driven service model, supported by a mobile app that enables self-service features and 24/7 on-the-ground support. By offering flexible stays such as month-to-month arrangements, Sonder delivers modern, consistent experiences across diverse locations.
Bus.com is a bus rental platform based in Montreal, Quebec, that specializes in organizing and booking group transportation online. Founded by experienced professionals in the travel industry, the company offers a user-friendly web application that simplifies the process of planning, booking, and managing bus trips for various events, including festivals and sporting events. Its platform features online rental and ticketing services, as well as GPS tracking, allowing passengers to monitor their buses' arrival times. Bus.com aims to enhance the overall experience of group travel by providing a streamlined and efficient solution for shuttle booking.
Xanadu, founded in 2016, is a company dedicated to advancing quantum computing technology, focusing on its societal implications and practical applications. The organization aims to provide quantum computing on demand, achieving significant computational enhancements beyond classical methods for complex real-world challenges. Xanadu operates a quantum photonic platform that integrates quantum silicon photonic chips with existing hardware, creating a comprehensive quantum computing solution. By combining the expertise of leading scientists with industry professionals, Xanadu seeks to develop scalable quantum technologies that are accessible to a wide range of users, enabling them to address various business problems efficiently.
Livescale
Pre Seed Round in 2019
Livescale is a live shopping solution based in Montreal, Canada, founded by Virgile Ollivier. The company offers a platform that enables brands to enhance audience engagement and sales conversion through immersive shoppable live video experiences. By providing a fully-customized, brand-owned environment, Livescale allows businesses to create awareness and foster community among their customers. Its unique technology includes integrated checkout features and comprehensive client resources, making it a distinctive player in the global market. Livescale aims to optimize revenues, expand market reach, and strengthen client relationships for e-commerce businesses through its innovative approach to live shopping.
Thorasys
Venture Round in 2019
Thorasys Thoracic Medical Systems Inc. is a Montreal-based respiratory medical device company dedicated to advancing pulmonary diagnostics. The company focuses on the development of innovative technologies for the diagnosis and monitoring of lung diseases, including asthma and chronic obstructive pulmonary disease. Utilizing a unique forced oscillation technique, Thorasys has created pulmonary function test equipment that allows healthcare professionals to accurately measure lung capacity across diverse patient populations. This technology facilitates early detection of lung diseases, thereby enhancing patient care and treatment outcomes.
Spinologics
Venture Round in 2019
Spinologics is a medical device company focused on spinal care technologies. It develops and manufactures devices and software to support spinal screening, imaging, and surgical workflows, including Scolioscreen, a phone-based screening device; Scolioscreen APP, software that works with the device to measure trunk rotation; and Cervision, a neck and cervical spine positioning tool used to reduce surgery time and improve x-ray imaging. The company also operates the Biomechanics Numerical Lab, which provides biomechanics support for medical device design and consulting services. Spinologics is positioned to translate ideas from concept to practice and serves healthcare facilities by offering orthopedic instruments, spinal implants, and disposable surgical tools to enhance patient outcomes.
Founded in 2015, MY01 specializes in developing digital medical devices for accurate real-time muscle pressure measurement. Its flagship product is designed to enhance the diagnosis of Acute Compartment Syndrome (ACS) by providing timely and precise measurements.
Spring Loaded
Venture Round in 2019
Spring Loaded Technology Inc. is a Canadian company that specializes in the design and development of bionic knee braces aimed at enhancing leg strength and mobility. Its flagship product, the Levitation knee brace, is recognized as the world's first compact and powerful device that assists with knee extension while alleviating pain and joint compression. The company offers a variety of knee braces tailored for diverse applications, including athletic activities such as skiing, running, and cycling, as well as for individuals dealing with knee osteoarthritis, injuries, and mobility impairments. Spring Loaded's products are engineered to improve performance, reduce fatigue, and support individuals in daily activities, including skilled trades. Established in 2012 and based in Dartmouth, Canada, the company prioritizes the intersection of research and development to create innovative solutions that enhance quality of life. Its products are available for purchase online.
Optina Diagnostics
Seed Round in 2019
Optina Diagnostics is a diagnostics company focusing on retinal imaging and artificial intelligence to provide non-invasive tests that detect signs of neurodegenerative and ocular diseases. By analyzing retinal images, it identifies biomarkers associated with Alzheimer's disease, as well as eye conditions like age-related macular degeneration and diabetic retinopathy, enabling clinicians to assess brain health and disease risk early. The platform aims to support timely diagnosis and treatment decisions with a simple eye exam.
MindBridge Analytics
Series B in 2019
MindBridge is a Canadian FinTech company utilizing machine learning and AI to detect anomalies in financial activities. Its platform, MindBridge AI Auditor, helps organizations across industries minimize financial loss by identifying unintentional errors and intentional misstatements.
Densitas
Venture Round in 2019
Densitas is a global leader in artificial intelligence solutions for mammography and breast cancer screening, developing breast imaging analytics for radiology departments, healthcare systems, and DI departments. The company offers a web-based analytics platform called densitasenterprise, which includes densitasdensity for ACR BI-RADS density assessments, densitasquality for image quality evaluations, and densitasrisk for breast cancer risk assessments. These tools provide on-demand, risk-based insights to monitor clinical, quality, and operational performance, support workflow integration, quality control, and value-based care. The platform is designed to be fully PACS-centric, operating on routinely archived DICOM images and supporting point-of-care and retrospective processing of mammograms. Densitas was founded in 2011 and is based in Halifax, Canada.
Clean.io
Seed Round in 2019
Clean.io develops a digital engagement security platform that safeguards businesses from malvertising threats and e-commerce fraud. Its products, cleanAD and cleanCART, protect publishers and merchants by detecting and blocking malicious third-party code in real-time.
Locketgo
Seed Round in 2019
LocketGo is a leading smart locker company in North America, specializing in secure storage solutions for various applications, including parcel and food deliveries. The company provides innovative lockers designed for on-demand and contactless storage, enhancing user experience and operational efficiency. LocketGo’s lockers are customizable, allowing businesses to align them with their unique branding. Additionally, the company offers a comprehensive locker management software that simplifies the booking and management process, eliminating the need for an additional app. LocketGo handles the delivery and installation of lockers at event locations and manages logistics, including employee hiring and after-sales services. This approach ensures that users can easily secure their belongings at events and festivals, while also benefiting from related services such as high-volume cell phone charging stations and lost property management.
DropGenie
Seed Round in 2019
Founded in Montreal, Canada in 2018, DropGenie is a biotechnology company specializing in automated genetic engineering. It offers a platform that uses microfluidics technology to miniaturize and automate complex synthetic biology workflows, enabling scientists to make changes to genomes efficiently while reducing costs and improving standardization and reproducibility.
Avidbots Corp.
Series B in 2019
Avidbots Corp., founded in 2014 and based in Ottawa, Canada, develops autonomous commercial floor cleaning robots. Its flagship product, NEO, uses laser mapping technology to efficiently clean various spaces such as airports, retail malls, hospitals, and warehouses across seven countries.
Breathe Life
Seed Round in 2019
Breathe Life Inc. is a Montreal-based company established in 2017 that specializes in providing a software platform for the life insurance industry. This enterprise Software-as-a-Service (SaaS) solution facilitates the digital distribution of life insurance policies, effectively removing the need for brokers. Breathe Life's platform enables insurers, distribution organizations, and advisors to enhance business operations by streamlining the policy delivery process and lowering operational costs. With features that allow consumers to create quotes and complete applications in a single session, the platform empowers users to independently purchase financial security products. Overall, Breathe Life aims to modernize and optimize how insurance companies engage with clients and manage their offerings.
Tenstorrent
Series B in 2019
Tenstorrent Inc. is a technology company based in Toronto, Canada, with an additional office in Austin, Texas, founded in 2016. The company specializes in the development and manufacturing of application-specific integrated circuits (ASICs) tailored for machine learning and data processing tasks. Its hardware architecture is designed to support a range of applications, from battery-powered Internet of Things (IoT) devices to large-scale cloud servers, providing scalable solutions for deep learning. Tenstorrent's offerings enable developers and researchers in the artificial intelligence sector to enhance computational performance and adapt algorithms effectively, positioning the company as a key player in advancing AI technology.
AlphaBlock
Seed Round in 2019
AlphaBlock is a general artificial intelligence company based in Toronto, Canada, founded in 2017. It specializes in developing investment management solutions tailored for institutional investors, such as pension funds, family offices, and hedge funds. The company creates a market mechanism designed for alpha generation, validation, and distribution, functioning as a predictive ecosystem that integrates financial and non-financial data. This innovative approach aims to eliminate barriers between financial and services markets. Additionally, AlphaBlock's platform securitizes blockchain assets and introduces new alternative assets and asset classes, addressing the limitations of traditional finance in effectively understanding risk. By leveraging its General AI processes, AlphaBlock enables investors to enhance returns while managing risk more efficiently.
RenoRun
Seed Round in 2019
RenoRun Inc. is a construction materials delivery company that caters to the needs of the construction industry. Founded in 2016 and headquartered in Montreal, Canada, the company offers a wide range of products, including beams, bricks, and concrete mixes. RenoRun has developed a mobile-friendly platform that allows general contractors to place orders easily, streamlining the process of procuring materials. This innovative service minimizes wasted time and effort for contractors by providing efficient delivery directly to job sites, with trained runners ensuring timely collection and drop-off of materials. In addition to its Montreal headquarters, RenoRun operates in Toronto, Canada, and Austin, Texas, positioning itself as a significant player in the construction supply market.
Vention is a cloud-based digital manufacturing platform that enables engineers and manufacturing professionals to design, order, and assemble custom factory equipment in days. It features a 3D Machine Builder with a library of modular structural, motion, and control components, including T-slot aluminum extrusion systems, and supports design, simulation, and ordering directly in a web browser. Its AI-enabled 3D constraints help optimize layouts and ensure feasible configurations, while the platform integrates design, programming, simulation, ordering, and commissioning in a single digital environment. Vention serves both experienced automation specialists and first-time designers, streamlining the creation of automated equipment for applications such as robot cells, tooling, conveyors, and other factory automation.
Acorn Biolabs
Seed Round in 2019
Acorn Biolabs, Inc. is a biotechnology company based in Toronto, Canada, founded in 2017. It specializes in providing a take-home service for the cryopreservation of human cells, focusing on young cell preservation to facilitate future regenerative medical treatments. The company employs a non-invasive, follicle-based cell collection method, allowing individuals to collect and preserve their healthy young cells for potential use in gene therapies, stem cell therapeutics, tissue engineering, and organ regeneration. Acorn Biolabs offers its services directly to consumers, with options for at-home and in-clinic cell collection. The company also has established partnerships with a network of clinics and pharmacies across Canada to enhance accessibility to its innovative services.
Founded in Toronto, Canada in 2016, Tread develops a platform for managing construction equipment services. Its software uses data analytics to optimize equipment usage, facilitating interactions among contractors, brokers, and operators as if they were part of the same fleet.
BIOS Health is a pioneering company focused on developing neural digital therapies by harnessing data-driven insights from the human nervous system. Co-founded by researchers from Cambridge University, the firm aims to revolutionize precision medicine through the identification of neural biomarkers that link nerve activity to various medical conditions. BIOS's innovative approach holds promise for treating chronic diseases such as hypertension, diabetes, rheumatoid arthritis, and neurodegenerative disorders like Parkinson's and Alzheimer's. The company's expertise encompasses a diverse range of fields, including neuroscience, machine learning, software engineering, and biotechnology, allowing it to create advanced solutions for improving the quality of life for individuals suffering from these conditions. Additionally, BIOS is engaged in developing prosthetic connectors that standardize the interface between bionic devices and the body's nervous and soft-tissue systems, enabling enhanced control and feedback for patients with prosthetics.
Looka Inc. is a Toronto-based company that operates an AI-powered design platform enabling businesses to create their own logos and establish brand identities. Founded in 2016 and initially known as Logojoy Inc., the company rebranded to Looka in January 2019. The platform employs advanced machine and deep learning algorithms to provide users with professional-quality logo designs conveniently and affordably. In addition to logo creation, Looka offers ready-to-use files suitable for both print and digital applications, allowing entrepreneurs to effectively bring their brand to life with appealing designs.
Clearco is an online financial platform that offers growth capital to e-commerce and B2B companies. It uses proprietary software and data science models to identify high-growth funding opportunities, providing funding in exchange for a steady revenue share of earnings.
Transit is a mobile app intended to help its users navigate their cities. Transit simplifies local travel in 125 cities worldwide. Upon launch, the bright, intuitive interface shows all nearby transportation options and departures. Users can plan trips, set reminders, and get notifications about disruptions. Plus, Transit also integrates other sustainable transport modes -- bike sharing, car sharing and Uber -- so users can determine the best way to get from A to B. With millions of active users in the US and Canada, Transit has emerged as the leading urban transit app in North America.
The company is based in Montreal, Quebec.
Plotly specializes in data science tools for businesses. It enables users to create, deploy, and share interactive web apps, graphs, and visualizations using various programming languages.
Validere
Seed Round in 2018
Validere Technologies Inc. is a Toronto-based company that specializes in providing critical information about liquids through innovative measurement, reporting, and verification solutions. Founded in 2015, Validere develops portable devices, including the Validere Identifier, which assesses the hazardous nature of liquids by referencing a comprehensive library. Additionally, the company offers EDGE Connect, a platform that facilitates secure connections between buyers and sellers, enabling the discovery of arbitrage opportunities. Validere's main focus is on liquid fingerprinting, industrial process monitoring, and optimizing logistics within the energy sector. By delivering accessible and verifiable testing data, Validere aids organizations in making informed business decisions and enhances the accuracy of crude oil testing, ensuring accountability and quality across operations. The company's expertise in emissions management and tracking further positions it as a valuable partner for energy companies seeking to improve their financial and environmental performance.
Kooltra is a technology company that develops an enterprise cloud platform for foreign exchange brokerages and financial institutions, enabling FX services and cross-border payments while digitizing and automating post-trade operations across capital markets. Its software offers cash management, customer relationship management, transaction processing, risk management, and business intelligence, helping manage foreign exchange brokerage, streamline processes, reduce human error, and improve security by connecting with customers and partners. The company is headquartered in Toronto, Canada and was founded in 2012.
HumanFirst
Seed Round in 2018
HumanFirst is the playground for prompt and data work. Experiment with raw data, surface business-specific insights, and build reliable AI workflows with speed, accuracy, and trust. With a low-code platform and enterprise-grade security posture, HumanFirst empowers enterprises to transform every team into AI experts.
Integrate.ai
Series A in 2018
Founded in 2017, Integrate.ai specializes in AI software for enterprises. Its platform enables companies to build federated machine learning models on siloed data securely, serving industries like healthcare, finance, and technology.
Founded in Toronto, Canada in 2015, Mejuri is a fine jewelry company that offers high-quality, ethically sourced products at affordable prices. It works directly with top jewelers to create exclusive designs and delivers new collections weekly through its direct-to-consumer e-commerce platform.
Sonder is a hospitality company that designs, selects, and directly manages a portfolio of apartment-style accommodations, including rooms, suites, apartments, and boutique hotel properties, for short- and long-term stays. It operates in more than 30 cities across eight countries and three continents, with each property chosen, designed, and managed by the company. The business blends well-designed spaces with a technology-driven service model, supported by a mobile app that enables self-service features and 24/7 on-the-ground support. By offering flexible stays such as month-to-month arrangements, Sonder delivers modern, consistent experiences across diverse locations.
Canvass AI
Seed Round in 2018
Canvass AI offers an AI-driven platform tailored for Industrial Operations. It empowers operators to enhance product quality, optimize processes, and reduce energy consumption in their daily tasks.
Paladin AI
Seed Round in 2018
Paladin AI Inc. is a Montreal-based company founded in 2013 that specializes in developing software solutions for pilot training. The company utilizes data mining and machine learning to analyze pilots' proficiency and deliver tailored training recommendations. Its flagship product, InstructIQ, is an adaptive training dashboard that operates independently of flight simulators, enabling competency-based training through the automatic detection of competency patterns. Paladin AI collaborates with flight simulator manufacturers, airlines, and approved training organizations to enhance training delivery while minimizing costs and operational disruptions. By leveraging data science, the company aims to optimize pilot training programs, ensuring a safe and reliable flight experience through personalized curriculum adjustments that address individual strengths and weaknesses.