All Lists
T
Monica ai
Wattpad
1Password
Moonvalley
Sensei labs
GrapheneOS
Rocket Doctor
Yotpo
Gusto
W
Vidyard
Float financial
NuraLogix
Cohere
+40 more
55 members

AI Startups in Toronto 2026

May 12, 2026
55 entries

Explore a curated selection of innovative AI startups based in Toronto, highlighting companies making significant advancements in the field. This list features emerging ventures and established players across various AI sub-sectors, including machine learning, natural language processing, and computer vision. It serves as a valuable resource for founders seeking inspiration, investors identifying promising opportunities, and AI researchers tracking industry trends within the vibrant Toronto tech ecosystem.

Startups

T

#1

Turo

Turo is a car-sharing marketplace.

Australia
Monica ai

#2

Monica ai

Platform that integrates top AI models such as GPT-4, Claude 3, and Gemini, offering a range of functionalities.

Toronto, Canada
Wattpad

#3

Wattpad

Digital entertainment company providing an online social storytelling platform.

Toronto, Canada
1Password

#4

1Password

Securely stores and manages passwords, secrets, and access for individuals, businesses, and AI agents.

Cybersecurity
$1.2BToronto, Canada
Moonvalley

#5

Moonvalley

AI video generation studio for professional filmmakers with ethical, licensed training data

Artificial Intelligence
$187MToronto, Canada
Sensei labs

#6

Sensei labs

AI-powered platform for automating knowledge work and decision-making.

Agentic AI
$12MToronto, Canada
GrapheneOS

#7

GrapheneOS

A privacy and security-focused mobile operating system based on Android.

Operating System
Toronto, Canada
Rocket Doctor

#8

Rocket Doctor

A Canadian telehealth platform connecting patients with doctors for virtual medical consultations.

HealthTech
Toronto, Canada
Yotpo

#9

Yotpo

Yotpo is an ecommerce marketing platform that helps brands drive growth through reviews, SMS marketing, loyalty programs, and subscriptions.

Marketing
$436M
Gusto

#10

Gusto

Gusto is an all-in-one HR platform providing payroll, benefits, and HR management solutions for small and medium-sized businesses.

Enterprise
$856M
W

#11

Waabi Innovation

Developing a general-purpose AI system for autonomous vehicles.

Artificial Intelligence
$750MToronto, Ontario, Canada
Vidyard

#12

Vidyard

Offers a video marketing platform for businesses.

$91M
Float financial

#13

Float financial

A Canadian business finance platform offering corporate cards, expense management, and high-yield accounts.

Fintech
$234MToronto, Canada
NuraLogix

#14

NuraLogix

Develops Affective AI for facial blood flow analysis to provide health and wellness insights.

HealthTech
$15MToronto, Canada
Cohere

#15

Cohere

Cohere offers a secure, all-in-one enterprise AI platform with cutting-edge multilingual models, advanced retrieval, and an AI workspace, enabling businesses to build high-impact applications grounded in proprietary data.

SpaceTech
$1.0B
Fireflies.ai

#16

Fireflies.ai

Fireflies.ai is an AI notetaker that transcribes, summarizes, searches, and analyzes team conversations to enhance meeting productivity and knowledge sharing.

Meetings
D

#17

Draft AI

AI-powered platform for generating and refining marketing and sales copy.

AI Tools & Apps
$2MToronto, Canada
Borrowell

#18

Borrowell

A Canadian fintech company offering credit scores and loans.

PartnerStack

#19

PartnerStack

PartnerStack is an all-in-one partner ecosystem platform that empowers B2B SaaS companies to build, manage, and scale channel partner programs, connecting them with a vast network of active partners to drive significant revenue growth.

SaaS
$29M
Dialog Enterprises Inc. (Spellbook)

#20

Dialog Enterprises Inc. (Spellbook)

AI-powered legal tech startup specializing in contract drafting and review.

LegalTech
$129MToronto, Canada
Bolt

#21

Bolt

Hopper Security

#22

Hopper Security

Cybersecurity
$8M
K

#23

Keep

Enterprise
$3M
M

#24

MongoDB

A specialized document-oriented database platform.

Big Data
$1.5BNew York, New York, USA
L

#25

Ledn

$103M
FreshBooks

#26

FreshBooks

Cloud-based accounting software for small businesses, freelancers, and solopreneurs.

Fintech
$80MToronto, Canada
Clearco

#27

Clearco

Financial technology company providing revenue-based financing and growth capital to e-commerce businesses.

Fintech
$300MToronto, Canada
Kindred AI

#28

Kindred AI

An artificial intelligence company focused on developing advanced AI solutions.

Telo Genomics

#29

Telo Genomics

Biotechnology company developing a proprietary telomere analysis platform for cancer and neurological disease insights.

Biotech
Toronto, Canada
Motion app

#30

Motion app

AI-powered work management platform for human and AI employees.

AI Productivity
$57MToronto, Canada
GlossGenius

#31

GlossGenius

All-in-one business management software for beauty and wellness professionals.

Vertical SaaS
$96MToronto, Canada
Mejuri

#32

Mejuri

Direct-to-consumer fine jewelry brand offering accessible luxury for everyday wear.

E-commerce
$247MToronto, Canada
Botpress

#33

Botpress

Botpress offers an open-source, developer-friendly chatbot platform ideal for startups and SMBs.

Customer Service
Montreal, Canada
M

#34

Maropost

Builds a unified commerce platform that connects marketing, merchandising, and sales operations.

Toronto, Canada
Maximus

#35

Maximus

Maximus is a company providing government health and human services programs.

Ada

#36

Ada

AI Chatbots
$191M
Nord Quantique Inc.

#37

Nord Quantique Inc.

Quantum computing startup.

Sherbrooke, Canada
P

#38

Private AI

AI company focused on privacy-preserving data processing and synthetic data generation.

Synthetic Data Generation
$30MToronto, Canada
Wealthsimple Inc.

#39

Wealthsimple Inc.

Offers investment services.

Toronto, Canada
LemFi

#40

LemFi

A fintech company building a financial services platform that enables immigrants to send, spend, and manage money seamlessly across borders.

Fintech
$86MLondon, United Kingdom
Astrus

#41

Astrus

AI-powered software tooling that empowers analog designers to create advanced microchips.

AI Chip
$20MToronto, Canada
Deep Genomics

#42

Deep Genomics

$241M
T

#43

Tenstorrent

$550M
Hostaway

#44

Hostaway

Travel & Hospitality SaaS
$540MHelsinki, Finland
Lucid

#45

Lucid

Luxury electric vehicle manufacturer.

Automotive
$6.3BNewark, California, USA
StackAdapt

#46

StackAdapt

A leading multi-channel programmatic advertising platform powered by AI and automation.

AdTech
$535MToronto, Canada
The Nmbr Company

#47

The Nmbr Company

Embedded payroll software provider simplifying payroll for Canadian businesses.

Fintech
$1.3BToronto, Canada
Thoughtworks Canada

#48

Thoughtworks Canada

A global technology consultancy blending design, engineering, and AI expertise to drive digital innovation and deliver extraordinary impact.

Technology Consulting
$720MToronto, Canada
Figment

#49

Figment

A cryptocurrency software and network security company.

$163M
O

#50

OnTab

Payment technology company specializing in EMV certifications, secure programming, and payment enablement for merchants.

Fintech
$1MToronto, Canada
Xanadu

#51

Xanadu

Xanadu is a Canadian quantum computing company building photonic quantum computers and developing quantum software.

Quantum Computing
$570MToronto, Canada
BenchSci

#52

BenchSci

A biotechnology company with a machine learning platform for researching biological compounds.

$169M
League

#53

League

An employee benefits platform focused on health and wellness.

Spellbook ai

#54

Spellbook ai

An AI-powered tool to draft and review legal contracts, integrated directly into Microsoft Word.

LegalTech
$121MToronto, Canada
Tailscale

#55

Tailscale

Secure, identity-based connectivity platform replacing VPNs, SASE, and PAM for modern teams and workloads.

Cybersecurity
$505MToronto, Canada