Best Artificial Intelligence Companies in Canada
The 525 best Artificial Intelligence companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Cohere.
Canada's Artificial Intelligence sector is where the real money's moving right now, and this directory ranks 525 companies by disclosed equity funding and recent momentum to show you exactly who's leading. Total disclosed funding across the field hits $7.7B, with six unicorns anchoring a market that's forecast to reach $1,811.8B globally by 2030 at a 34.3% CAGR. Cohere tops our list at $970M raised. 5C follows at $835M. Then Waabi at $284M. The spread between those leaders and the rest of the pack tells you something important about where capital is concentrating.
So what's driving the quarter? Ai hardware, research frameworks, and threat intelligence sharing are all heating up, and data privacy regulation keeps reshaping how companies build. I'd flag the Anthropic guardrails standoff as a signal worth watching, because the policy friction playing out in the US will absolutely ripple into Canadian compliance strategy. Investors like Inovia Capital, BDC, and Y Combinator are active across the ecosystem, and coverage of the sector is still rising. The funding gap between top earners and the median company is wide, but the pipeline looks deep.
- AI market leaders revealed by IDC
- AI Software secured largest share as Global AI revenue increased 20.7%
Our analysis of 151 Artificial Intelligence companies
$81.0b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Artificial Intelligence companies in Canada
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Cohere 🦄 Developer of enterprise AI platform and multilingual language and retrieval models 90Funding top 14%AI top 18%Tech top 21%Moat top 28% All 10 signals ▾Fundingtop 14% AItop 18% Techtop 21% Moattop 28% Talenttop 28% Innovationtop 33% Patentstop 34% Globaltop 34% Markettop 37% Growthtop 45% Funding: Raised $970M across 6 rounds · 6 rounds over 5 yrs (1.2/yr) AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC) rank vs industry peers · Fliar Intelligence Index 90/100 | $970M | 8 mo ago | Series D | 44 | Nick Frosst Co-Founder | SanitySentryApple iCloud Mail+34 | — | 18 patents Efficient training and compression techniques for large transformer language models | 1 partnership · 1 expansion |
| 2 | 5C Provider of AI digital infrastructure, including data centers and cloud services 53Funding top 15%AI top 20%Talent bottom 49%Global bottom 48% All 6 signals ▾Fundingtop 15% AItop 20% Talentbottom 49% Globalbottom 48% Techbottom 42% Marketbottom 35% Funding: Raised $835M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) AI: Classified as an AI company rank vs industry peers · Fliar Intelligence Index 53/100 | $835M | 10 mo ago | Acquired | — | Steve P Co-Founder | WebflowYouTubeGSAP+13 | — | — | 1 partnership |
| 3 | Tenstorrent 🦄 Developer of hardware and open-source software for artificial intelligence acceleration 90Funding top 20%Patents top 25%Moat top 25%Innovation top 28% All 12 signals ▾Fundingtop 20% Patentstop 25% Moattop 25% Innovationtop 28% Talenttop 28% AItop 30% Markettop 31% Producttop 31% Globaltop 34% Growthtop 35% Techtop 41% Newsbottom 24% Funding: Raised $485M across 6 rounds · 6 rounds over 9 yrs (0.7/yr) Patents: 100 patents matched (strict assignee match) · 60 filings since 2022 vs 40 in 2017-21 rank vs industry peers · Fliar Intelligence Index 90/100 | $485M | 18 mo ago | Series D | 350 | Ivan Hamer Co-Founder | SanityCart FunctionalityTurbopack+18 | — | 100 patents Patents concentrated in computing, sensing & instrumentation | 2 launchs |
| 4 | Coveo Provider of AI-powered search and recommendation solutions for enterprise businesses | $342M | 11 mo ago | Public | 71 | — | SitecoreSentryAtlassian Statuspage+31 | — | 13 patents Optimizing search engine indexing, ranking, and speech‑based content retrieval. | 1 partnership · 3 awards |
| 5 | Waabi 🦄 Developer of physical artificial intelligence platform for autonomous trucks and robotaxis | $284M | 4 mo ago | Series C | 127 | Raquel Urtasun Founder & CEO | WordPressApple iCloud MailGoogle Workspace+22 | 12 signals Funding · Capital raise · Leadership | — | 1 award |
| 6 | Ada 🦄 AI platform for text based customer support 87AI top 20%Funding top 23%Moat top 26%Tech top 27% All 9 signals ▾AItop 20% Fundingtop 23% Moattop 26% Techtop 27% Markettop 33% Growthtop 35% Talenttop 38% Globalbottom 39% Newsbottom 21% AI: Classified as an AI company Funding: Raised $200M across 5 rounds · 5 rounds over 10 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 87/100 | $200M | 15 mo ago | Series C | 394 | David Hariri Co-Founder | SanitySentryWistia+24 | — | — | 1 job opening |
| 7 | Vention Provider of a modular hardware and software platform for industrial automation 90Funding top 18%Tech top 21%Product top 22%Growth top 30% All 13 signals ▾Fundingtop 18% Techtop 21% Producttop 22% Growthtop 30% AItop 30% Newstop 31% Moattop 31% Markettop 33% Innovationtop 34% Talenttop 38% Partnerstop 41% Patentstop 46% Globaltop 50% Funding: Raised $138M across 6 rounds · 6 rounds over 9 yrs (0.7/yr) Tech: 68 technologies across 5/8 capability areas · Cloud: Amazon Alb, Amazon Ses rank vs industry peers · Fliar Intelligence Index 90/100 | $138M | 4 mo ago | Series D | 360 | Max Windisch Co-Founder & CTO | Cart FunctionalityRubyAce+41 | 14 signals ▲56% New product · Funding · Capital raise | 9 patents Modular T-slot framing and safety systems for configurable industrial automation equipment | 2 launchs |
| 8 | Unblocked Provider of AI-powered developer productivity platform for engineering teams 57Funding top 28%AI top 30%Growth top 35%Moat top 38% All 8 signals ▾Fundingtop 28% AItop 30% Growthtop 35% Moattop 38% Techtop 44% Talentbottom 49% Globalbottom 37% Marketbottom 34% Funding: Raised $110M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) AI: Classified as an AI company · Product described with: ai-powered rank vs industry peers · Fliar Intelligence Index 57/100 | $110M | 13 mo ago | Series A | — | Dennis Pilarinos Founder & CEO | Node.jsHeadless UIReact+17 | — | — | 1 job opening |
| 9 | Analytics4Life Developer of diagnostic platform using AI for cardiovascular disease assessments 57AI top 20%Funding top 31%Talent bottom 49%Global bottom 48% All 6 signals ▾AItop 20% Fundingtop 31% Talentbottom 49% Globalbottom 48% Techbottom 31% Newsbottom 27% AI: Classified as an AI company Funding: Raised $101M across 7 rounds · 7 rounds over 10 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $101M | 8 mo ago | Series C | — | Adrian Lam CEO & President | — | — | — | — |
| 10 | Sanctuary AI Developer of AI-powered general-purpose robots for industrial applications 55Funding top 20%AI top 30%Market top 47%Talent bottom 49% All 11 signals ▾Fundingtop 20% AItop 30% Markettop 47% Talentbottom 49% Innovationbottom 48% Growthbottom 47% Productbottom 45% Techbottom 42% Globalbottom 38% Moatbottom 38% Newsbottom 24% Funding: Raised $100M across 6 rounds · 6 rounds over 4 yrs (1.5/yr) AI: Classified as an AI company · Product described with: ai-powered rank vs industry peers · Fliar Intelligence Index 55/100 | $100M | 0 mo ago | Series A | 131 | Olivia Norton Co-Founder & CPTO | Cart FunctionalitySquarespace CommerceSquarespace+15 | — | — | 1 launch |
| 11 | Congruence Therapeutics Developer of therapeutics for the treatment of rare diseases 50AI top 20%Funding top 24%Moat top 31%Talent top 38% All 8 signals ▾AItop 20% Fundingtop 24% Moattop 31% Talenttop 38% Marketbottom 38% Globalbottom 38% Techbottom 31% Newsbottom 22% AI: Classified as an AI company Funding: Raised $65.0M across 4 rounds · 4 rounds over 4 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $65M | 2 mo ago | Series B | 33 | Michael Goldsmith Co-Founder | WordPressMySQLPHP+18 | — | — | — |
| 12 | Varicent Provider of incentive compensation management solutions for enterprises | $49M | 23 mo ago | Acquired | 670 | Marc Altshuller Founder & CEO | HubSpot CMS HubApple iCloud MailMicrosoft 365+20 | — | — | — |
| 13 | Maneva AI solutions for manufacturing focusing on real-time issue detection and automation 22Funding top 23%Talent bottom 45%Tech bottom 42%Global bottom 25% All 5 signals ▾Fundingtop 23% Talentbottom 45% Techbottom 42% Globalbottom 25% Marketbottom 22% Funding: Raised $48.4M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) Talent: 1 named leader on record rank vs industry peers · Fliar Intelligence Index 22/100 | $48M | 1 mo ago | Series A | — | Rae Jeong Co-Founder & CEO | WebflowThree.jsGSAP+14 | — | — | — |
| 14 | Boosted Developer of AI platform for investment research and analysis workflows 57AI top 20%Funding top 32%Talent top 38%Moat top 39% All 9 signals ▾AItop 20% Fundingtop 32% Talenttop 38% Moattop 39% Growthtop 45% Techbottom 46% Marketbottom 41% Globalbottom 39% Newsbottom 27% AI: Classified as an AI company Funding: Raised $43.0M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $43M | 18 mo ago | Series B | 78 | Nicholas Abe Co-Founder & COO | WebflowPostHogLinkedin Insight Tag+17 | — | — | — |
| 15 | CoLab Software Provider of AI-powered collaboration platform for engineering and product development teams 72Funding top 21%AI top 30%Partners top 32%News top 34% All 12 signals ▾Fundingtop 21% AItop 30% Partnerstop 32% Newstop 34% Growthtop 35% Techtop 37% Moattop 37% Talenttop 38% Innovationtop 42% Patentstop 43% Marketbottom 45% Globalbottom 39% Funding: Raised $40.6M across 7 rounds · 7 rounds over 8 yrs (0.9/yr) AI: Classified as an AI company · Product described with: ai-powered rank vs industry peers · Fliar Intelligence Index 72/100 | $41M | 8 mo ago | Series C | 86 | Adam Keating Co-Founder & CEO | WebflowSentryApple iCloud Mail+30 | 3 signals ▲200% Funding · Capital raise | 6 patents Collaborative product design recommendation and visualization platforms for multi-user CAD systems | — |
| 16 | Ability Developer of modulating biotherapeutics to address cancer and autoimmune diseases | $30M | 24 mo ago | Seed | — | Jean Buerckert Co-Founder & CTO | WordPressMySQLPHP+9 | — | — | 1 internship |
| 17 | Conquest Planning Provider of platform for financial institutions and wealth management firms 64AI top 20%News top 29%Growth top 30%Funding top 31% All 11 signals ▾AItop 20% Newstop 29% Growthtop 30% Fundingtop 31% Moattop 37% Talenttop 37% Patentstop 47% Innovationtop 49% Marketbottom 45% Globalbottom 43% Techbottom 42% AI: Classified as an AI company News: 8 BI events in 12 mo (of 21 tracked, 3 types) · +60% YoY rank vs industry peers · Fliar Intelligence Index 64/100 | $28M | 11 mo ago | Series B | 115 | Mark Evans President & CEO | WebflowApple iCloud MailMicrosoft 365+17 | 8 signals ▲60% Leadership | 6 patents Decision-support software for financial planning and strategic advice | 1 job opening · 1 award |
| 18 | Looki Developer of multimodal personal AI wearable device for self-insight | $20M | 5 mo ago | Series A | — | Bocong Liu Co-Founder & CTO | Cart FunctionalityShopifyThree.js+21 | — | — | — |
| 19 | Geologicai Online geological analytics platform for the mining industry 67Funding top 28%AI top 30%News top 33%Talent top 33% All 10 signals ▾Fundingtop 28% AItop 30% Newstop 33% Talenttop 33% Moattop 36% Growthtop 37% Partnerstop 45% Techtop 49% Marketbottom 44% Globalbottom 38% Funding: Raised $20.0M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) AI: Classified as an AI company · Product described with: ai-driven rank vs industry peers · Fliar Intelligence Index 67/100 | $20M | 11 mo ago | Series B | 59 | Grant Sanden Founder & CEO | Cart FunctionalitySquarespace CommerceSquarespace+17 | 3 signals Funding · M&A · Announcements | — | 8 job openings |
| 20 | Base Two Developer of an AI platform for manufacturing process optimization and control 60AI top 20%Talent top 28%Funding top 34%Growth top 35% All 9 signals ▾AItop 20% Talenttop 28% Fundingtop 34% Growthtop 35% Moattop 39% Techtop 46% Globalbottom 39% Marketbottom 29% Newsbottom 18% AI: Classified as an AI company Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 60/100 | $17M | 20 mo ago | Series A | 20 | Tawfeeq Gaffoor Co-Founder & CTO | WebflowApple iCloud MailGoogle Workspace+25 | — | — | 1 partnership |
| 21 | Extend AI Developer of document processing toolkit providing parsing, extraction, and splitting | $17M | 12 mo ago | Series A | 11 | — | TurbopackNode.jsRadix UI+19 | — | — | — |
| 22 | Deck Provider of authentication agents, jobs, workflows, storage, and extraction services | $16M | 14 mo ago | Series A | — | Julien Belisle Co-Founder | TurbopackEmotionApple iCloud Mail+20 | — | — | — |
| 23 | Blue J Provider of an AI tax research solution for accounting professionals 64AI top 20%Talent top 28%Funding top 34%Growth top 35% All 11 signals ▾AItop 20% Talenttop 28% Fundingtop 34% Growthtop 35% Moattop 37% Techtop 40% Innovationtop 49% Globalbottom 43% Newsbottom 42% Patentsbottom 41% Marketbottom 37% AI: Classified as an AI company Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 64/100 | $16M | 10 mo ago | Acquired | 54 | Brett Janssen Co-Founder & CTO | WebflowSalesloftHubSpot+28 | — | 6 patents Plate-shaped catalyst layers for fuel cell/electrolyzer electrodes | 2 job openings |
| 24 | Augmenta AI Developer of automated electrical design platform for clash-free conduit routing 62AI top 18%Talent top 28%Patents top 32%Moat top 37% All 11 signals ▾AItop 18% Talenttop 28% Patentstop 32% Moattop 37% Innovationtop 38% Fundingtop 41% Growthtop 45% Techbottom 45% Globalbottom 43% Marketbottom 40% Newsbottom 21% AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC) Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 62/100 | $16M | 15 mo ago | Seed | 35 | Massimiliano Moruzzi Co-Founder | Webflowcore-jsjQuery+12 | — | 11 patents AI-driven motion control, CAD routing optimization, and metal‑polymer composite manufacturing | 2 launchs |
| 25 | Bot Press Provider of a platform for building and deploying AI agent solutions 69AI top 20%Funding top 34%Growth top 35%Talent top 38% All 10 signals ▾AItop 20% Fundingtop 34% Growthtop 35% Talenttop 38% Moattop 39% Techtop 40% Producttop 49% Marketbottom 45% Globalbottom 36% Newsbottom 32% AI: Classified as an AI company Funding: Raised $15.0M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 69/100 | $15M | 11 mo ago | Series B | 33 | Justin Watson Co-Founder | WebflowApple iCloud MailGoogle Workspace+25 | — | — | 1 launch |
| 26 | Blumind Developer of all-analog AI neural network architecture for edge applications 53AI top 25%Innovation top 31%Patents top 34%Funding top 35% All 9 signals ▾AItop 25% Innovationtop 31% Patentstop 34% Fundingtop 35% Talenttop 38% Growthtop 45% Globalbottom 44% Techbottom 41% Marketbottom 23% AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC) Innovation: 21 patents (top 51% of patent-holders) · 21 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 53/100 | $14M | 14 mo ago | Series A | 12 | Niraj Mathur Co-Founder & CEO | Craft CMSPHPYii+13 | — | 21 patents Low-power analog front‑ends and transistor‑based neural network hardware for vision/audio AI | 1 job opening |
| 27 | SenseNet Provider of AI-powered solutions for early detection of mountain and forest fires 42AI top 25%Innovation top 33%Patents top 34%Funding top 40% All 9 signals ▾AItop 25% Innovationtop 33% Patentstop 34% Fundingtop 40% Moatbottom 49% Talentbottom 49% Techbottom 44% Globalbottom 36% Marketbottom 20% AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC) Innovation: 18 patents (top 55% of patent-holders) · 18 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 42/100 | $14M | 7 mo ago | Series A | 7 | Hamed Noori Co-Founder & CEO | WordPressMySQLPHP+21 | — | 18 patents AI-driven wildfire detection, smoke analysis, and real-time risk prediction using sensor networks | — |
| 28 | Lydia AI AI-powered platform offering health assessment and risk scoring services to insurance companies 53Talent top 28%AI top 30%Funding top 44%Tech top 44% All 9 signals ▾Talenttop 28% AItop 30% Fundingtop 44% Techtop 44% Growthtop 45% Productbottom 48% Globalbottom 38% Marketbottom 31% Newsbottom 22% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated AI: Classified as an AI company · Product described with: ai-powered rank vs industry peers · Fliar Intelligence Index 53/100 | $14M | 17 mo ago | Series A | 40 | Fedor Suprychev Co-Founder & Software Engineering Lead | WordPressMySQLPHP+19 | — | — | — |
| 29 | Alexi Provider of an AI platform for legal research, drafting, and analysis 69AI top 30%Tech top 31%Growth top 35%Funding top 37% All 9 signals ▾AItop 30% Techtop 31% Growthtop 35% Fundingtop 37% Talenttop 38% Moattop 39% Globalbottom 43% Marketbottom 42% Newsbottom 18% AI: Classified as an AI company · Product described with: artificial intelligence Tech: 46 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 69/100 | $11M | 16 mo ago | Series A | 40 | Samarth Bhasin Co-Founder & CTO | WebflowSentryWistia+27 | — | — | — |
| 30 | Boardy Provider of an AI platform connecting professionals to various opportunities 67AI top 20%Growth top 35%Tech top 35%Talent top 38% All 7 signals ▾AItop 20% Growthtop 35% Techtop 35% Talenttop 38% Fundingtop 39% Globalbottom 48% Marketbottom 37% AI: Classified as an AI company Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 67/100 | $11M | 17 mo ago | Seed | — | Abhinav Boyed Co-Founder | WebflowGSAPAmazon Web Services+21 | — | — | — |
| 31 | Chata Developer of a platform providing proactive data analytics and decision intelligence 60AI top 20%Innovation top 32%Moat top 39%Funding top 40% All 9 signals ▾AItop 20% Innovationtop 32% Moattop 39% Fundingtop 40% Techtop 43% Producttop 46% Talentbottom 49% Marketbottom 39% Globalbottom 36% AI: Classified as an AI company Innovation: 2 product lines · Deep-tech classification: Artificial Intelligence rank vs industry peers · Fliar Intelligence Index 60/100 | $11M | 4 mo ago | Series A | 47 | Kelly Cherniwchan Founder & CEO | WordPressMySQLPHP+39 | — | — | 2 awards |
| 32 | Syantra Health Developer of a blood test device to detect breast cancer 53Talent top 23%AI top 30%Growth top 35%Funding top 39% All 8 signals ▾Talenttop 23% AItop 30% Growthtop 35% Fundingtop 39% Moattop 48% Techbottom 40% Globalbottom 36% Marketbottom 29% Talent: 6 named leaders on record · 6 C-suite/founder profiles curated AI: Classified as an AI company · Product described with: artificial intelligence rank vs industry peers · Fliar Intelligence Index 53/100 | $10M | 3 mo ago | Series A | 15 | Kenneth Fuh Co-Founder | WebflowTypekitMicrosoft 365+7 | — | — | — |
| 33 | Una Software Provider of platform for financial planning and analysis solutions 42AI top 26%Talent top 38%Partners top 45%Funding top 46% All 11 signals ▾AItop 26% Talenttop 38% Partnerstop 45% Fundingtop 46% Moattop 48% Innovationbottom 45% Growthbottom 42% Marketbottom 40% Productbottom 39% Globalbottom 37% Newsbottom 27% AI: Classified as an AI company · Product described with: ai powered, ai-driven Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 42/100 | $10M | 4 mo ago | Seed | — | Don Mal Co-Founder & Chairman | — | — | — | — |
| 34 | Quandri Provider of AI-driven platform that automates insurance renewals and provides insights 60News top 27%Growth top 30%AI top 30%Partners top 32% All 12 signals ▾Newstop 27% Growthtop 30% AItop 30% Partnerstop 32% Innovationtop 36% Fundingtop 38% Producttop 38% Talenttop 38% Techbottom 48% Moatbottom 38% Globalbottom 36% Marketbottom 28% News: 7 BI events in 12 mo (of 15 tracked, 5 types) · +40% YoY Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 60/100 | $10M | 11 mo ago | Series A | 22 | Jamieson Fregeau Co-Founder | WebflowApple iCloud MailGoogle Workspace+22 | 7 signals ▲40% Funding · New product · Capital raise | — | 1 launch · 1 award |
| 35 | Nanoprecise Provider of AI-based predictive maintenance solutions for industrial equipment 62Innovation top 23%Talent top 28%Product top 29%AI top 30% All 12 signals ▾Innovationtop 23% Talenttop 28% Producttop 29% AItop 30% Fundingtop 39% Moattop 39% Techtop 42% Growthtop 45% Globalbottom 43% Marketbottom 41% Fin. healthbottom 31% Newsbottom 18% Innovation: 12 product lines · Deep-tech classification: Artificial Intelligence, Tech Hardware Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 62/100 | $10M | 14 mo ago | Series C | 73 73 → 97 (+33%) | Sunil Vedula Co-Founder | WordPress Block EditorWordPressMySQL+19 | — | — | 1 launch |
| 36 | BinSentry Provider of AI-powered feed management system optimizing animal feed supply chains 80News top 20%Growth top 25%Global top 28%Talent top 28% All 12 signals ▾Newstop 20% Growthtop 25% Globaltop 28% Talenttop 28% AItop 30% Fundingtop 33% Patentstop 37% Moattop 37% Innovationtop 38% Producttop 45% Techtop 46% Marketbottom 47% News: 9 BI events in 12 mo (of 15 tracked, 4 types) · 7 high-value events (IPO/M&A/funding/contracts) in 12 mo Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 80/100 | $9M | 5 mo ago | Series C | 32 | Randall Schwartzentruber Co-Founder & Co-CEO | WordPressMySQLPHP+25 | 9 signals Funding · Capital raise | 17 patents Bulk material level sensing and monitoring using machine‑learning analytics | 1 partnership |
| 37 | Mecka Provider of curated datasets and data refinement for AI model training 42AI top 20%Funding top 38%Talent bottom 49%Global bottom 48% All 6 signals ▾AItop 20% Fundingtop 38% Talentbottom 49% Globalbottom 48% Techbottom 45% Marketbottom 31% AI: Classified as an AI company Funding: Raised $8.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 42/100 | $8M | 10 mo ago | Seed | — | Duy Nguyen Co-Founder | Node.jsThree.jsRadix UI+11 | — | — | — |
| 38 | Ribbon Provider of AI-powered recruiting platform for candidate screening and interviewing | $8M | 14 mo ago | Series A | — | Dave Vu Co-Founder & Co-CEO | Webflow EcommerceWebflowAmazon Web Services+29 | — | — | 3 job openings |
| 39 | VRIFY Provider of an AI-assisted platform for mineral exploration data analysis | $6M | 15 mo ago | Series B | 60 | Steve Jong Co-Founder & CEO | WebflowApple iCloud MailGoogle Workspace+19 | — | — | 1 launch |
| 40 | Visionbyscope Provider of AI-powered rope inspection systems for utility stringing line maintenance 11AI top 30%Funding bottom 45%Tech bottom 40%Global bottom 25% All 5 signals ▾AItop 30% Fundingbottom 45% Techbottom 40% Globalbottom 25% Marketbottom 15% AI: Classified as an AI company · Product described with: ai-powered Funding: Raised $5.9M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 11/100 | $6M | 15 mo ago | Series A | 7 | — | Framer SitesReactAmazon Web Services+7 | — | — | — |
| 41 | Tempo Developer of an AI-powered platform for React application design and development 62AI top 30%Tech top 32%Funding top 43%Growth top 45% All 7 signals ▾AItop 30% Techtop 32% Fundingtop 43% Growthtop 45% Talentbottom 49% Globalbottom 48% Marketbottom 47% AI: Classified as an AI company · Product described with: ai-powered Tech: 38 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 62/100 | $6M | 7 mo ago | Seed | — | Kevin Michael Co-Founder & CEO | SentryInstatusNode.js+27 | — | — | 1 launch · 1 partnership |
| 42 | Astrus Developer of AI-powered software for superhuman microchip design and automation | $5M | 9 mo ago | Series A | 4 | Zeyi Wang Co-Founder & Research Engineer | Framer SitesApple iCloud MailGoogle Workspace+7 | — | — | — |
| 43 | Frugal Developer of software tools that analyze and optimize application code 35AI top 20%Talent top 38%Funding top 49%Tech bottom 48% All 6 signals ▾AItop 20% Talenttop 38% Fundingtop 49% Techbottom 48% Globalbottom 33% Marketbottom 25% AI: Classified as an AI company Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 35/100 | $5M | 7 mo ago | Seed | — | Rob Calendino Co-Founder & VP Engineering | WebflowAmazon Web ServicesMicrosoft Clarity+20 | — | — | 2 job openings |
| 44 | Metaspectral Developer of an AI platform for hyperspectral data analysis and processing | $5M | 9 mo ago | Seed | 16 | Francis Doumet Co-Founder & CEO | WordPressMySQLPHP+14 | — | — | — |
| 45 | Armilla AI Provider of AI insurance and AI software performance warranties for businesses 10AI top 30%Funding top 45%Moat top 48%Talent bottom 49% All 8 signals ▾AItop 30% Fundingtop 45% Moattop 48% Talentbottom 49% Globalbottom 39% Newsbottom 22% Marketbottom 18% Fin. healthbottom 8% AI: Classified as an AI company · Product described with: generative ai Funding: Raised $4.7M across 4 rounds · 4 rounds over 5 yrs (0.8/yr) rank vs industry peers · Fliar Intelligence Index 10/100 | $5M | 12 mo ago | Seed | 9 | Karthik Ramakrishnan Co-Founder & CEO | — | — | — | 1 partnership |
| 46 | AI ML Innovations Provider of an AI and SaaS-based digital health monitoring platform and device for healthcare providers 42Patents top 19%Innovation top 22%AI top 30%Moat top 32% All 12 signals ▾Patentstop 19% Innovationtop 22% AItop 30% Moattop 32% Producttop 35% Fundingtop 37% Partnerstop 37% Newstop 43% Growthtop 45% Globalbottom 37% Techbottom 24% Marketbottom 18% Patents: 48 patents matched (strict assignee match) · 12 filings since 2022 vs 7 in 2017-21 Innovation: 48 patents (top 22% of patent-holders) · 12 filings since 2022 vs 7 in 2017-21 rank vs industry peers · Fliar Intelligence Index 42/100 | $4M | 14 mo ago | Public | 3 | — | WordPressMySQLPHP+10 | 13 signals ▼78% Funding · Announcements · Contracts | 48 patents Patents concentrated in electrical & electronics | — |
| 47 | ProteinQure Provider of computational protein drug design platform 53Talent top 28%AI top 30%Innovation top 36%Product top 36% All 10 signals ▾Talenttop 28% AItop 30% Innovationtop 36% Producttop 36% Moattop 37% Patentstop 38% Fundingtop 46% Techbottom 45% Globalbottom 40% Marketbottom 29% Talent: Analyst team rating 4/5 · 4 named leaders on record AI: Classified as an AI company · Product described with: artificial intelligence rank vs industry peers · Fliar Intelligence Index 53/100 | $4M | 12 mo ago | Series A | 18 | Tomas Babej Cofounder and Chief Technology Officer | WordPressProton MailApple iCloud Mail+13 | — | 9 patents Protein therapeutics targeting the sortilin receptor and natriuretic peptide delivery systems | 2 job openings |
| 48 | FrontlineIQ Provider of AI-driven coaching and sales enablement platform for teams | $3M | 7 mo ago | Seed | — | Ben Rodier Co-Founder & CEO | — | — | — | 3 partnerships |
| 49 | Zetane Provider of AI platform for document intelligence, extraction, and analysis | $2M | 5 mo ago | Seed | 18 | Jon Magoon Chief Product Officer and Co Founder | Beehiiv RSS feedTailwind CSSReact+14 | — | — | — |
| 50 | Bench IQ Provider of AI service that analyzes judges rulings for attorneys | $2M | 9 mo ago | Seed | — | Maxim Isakov Co-Founder & CTO | — | 4 signals Funding | — | — |
Top 12 Artificial Intelligence companies in Canada
#1
Series A · Vancouver, British Columbia · founded 2018 · 131 employees$100Mraised▾
Developer of AI-powered general-purpose robots for industrial applications. The company focuses on creating robots with dexterity, tactile feedback, and fine manipulation capabilities. These robots are designed to mimic human movement and cognitive processes, enabling them to learn and interact with the world. The robots are built with strong torsos for industrial-grade tasks, completing tasks quickly and accurately.
- Apr 2026Series A$1.5M
- Jan 2025Series A$2.5M
- Jul 2024Series A$328.3K
- Apr 2024Series A$2M
#2
Cohere 🦄Series D · Toronto, Ontario · founded 2019 · 44 employees$970Mraised▾
Developer of enterprise AI platform and multilingual language and retrieval models. The company provides tools for workplace productivity, intelligent search, and semantic text representation. It offers models for relevance-based result refinement and high-performance generative tasks. The platform supports customization and private deployments, catering to various industries. It also provides developer resources, including API access and technical documentation.
- Sep 2025Series D$100M
- Aug 2025Series D$500M
- Jun 2024Series D$500M
- Jul 2023Series C—
#3
Waabi 🦄Series C · Toronto, Ontario · founded 2021 · 127 employees$283.5Mraised▾
Developer of physical artificial intelligence platform for autonomous trucks and robotaxis. The platform enables scalability across various form factors, geographies, and environments. It utilizes a shared artificial intelligence model for both autonomous trucks and robotaxis. The company focuses on delivering safer and more efficient autonomous transportation solutions. It employs neural simulation and end-to-end artificial intelligence to set new standards for safety.
- Jan 2026Series C$750M
- Jun 2024Series B$200M
- Jan 2023Series A—
- Jun 2021Series A$83.5M
#4
Series D · Montreal, Montreal · founded 2016 · 360 employees$138.4Mraised▾
Provider of a modular hardware and software platform for industrial automation. The platform offers design, simulation, deployment, and operation tools. It provides a library of modular parts and pre-designed templates for various applications like palletizing, sanding, welding, and tending. The platform also offers AI-powered vision systems and remote support capabilities.
- Jan 2026Series D$110M
- Oct 2023Series C$15M
- May 2022Series C$95M
- Jun 2020Series B$27.8M
#5
Series B · Montreal, Quebec · founded 2021 · 33 employees$65Mraised▾
Developer of therapeutics for the treatment of rare diseases. It offers an in-silico platform that enables the design of small molecules that stabilizes misfolded proteins to treat rare diseases. It offers computational drug discovery engine called Revenir which captures the biophysical changes caused by mutations in proteins. It examines surface features and numerous biophysical descriptors of both the mutated and wild-type proteins. It offers a lead candidate CGX-926 for obesity.
- Mar 2026Series B$39.5M
- Sep 2025Series B$32M
- Mar 2023Series A$15M
- Feb 2022Series A$50M
#6
Acquired · Montreal, Quebec · founded 2025$835Mraised▾
Provider of AI digital infrastructure, including data centers and cloud services. It designs and deploys AI infrastructure, from data centers to compute clusters. The company delivers infrastructure deployment by leveraging experience in high-performance computing and data center design. It supports environmentally conscious data center and compute AI infrastructure solutions. The company offers turnkey and customer-owned inventory delivery models.
- Jul 2025Conventional Debt—
- Jul 2025PE$835M
#7
Series A · North York, Ontario · founded 2021$48.4Mraised▾
AI solutions for manufacturing focusing on real-time issue detection and automation. The company offers VITA and ALIS, designed as video-to-action AI agents for manufacturing optimization using existing cameras. It focuses on quality assurance and downtime reduction by instantly detecting defects, mislabels, scratches, cracks, and machine issues.
- Apr 2026Series A$38.4M
- Mar 2025Seed$10M
#8
Public · Quebec City, Quebec · founded 2004 · 71 employees$342.3Mraised▾
Provider of AI-powered search and recommendation solutions for enterprise businesses. It is a software company that provides an AI-powered relevance platform for enterprises, enabling superior search, recommendations, and generative answering capabilities across various digital experiences. Its unified search platform unifies data across systems, reduces search time, and boosts customer satisfaction. The company serves millions of people and billions of interactions across various industries.
- Jul 2025Post IPO—
- Nov 2019Series F$172.6M
- 2019Venture Debt—
- Sep 2018Series E$9M
#9
Series C · Toronto, Ontario · founded 2012$100.7Mraised▾
Developer of diagnostic platform using AI for cardiovascular disease assessments. The platform CorVista System automates clinical data collection and diagnostic review, providing clinicians with actionable assessments at the point of care. The technology leverages machine-learned models designed for diagnostic performance, with a focus on multiple cardiovascular conditions. The system gathers heart signals and transmits the data to a secure cloud platform for processing.
- Oct 2025Series C$550K
- Jun 2025Series C$500K
- Jun 2024Series C$1.5M
- Aug 2022Series C$1M
#10
Series D · Toronto, Ontario · founded 2016 · 350 employees$485.1Mraised▾
Developer of hardware and open-source software for artificial intelligence acceleration. The company provides tools for optimizing workloads on its hardware. It offers an open-source compiler designed to integrate with its AI software library. The company provides resources such as documentation and developer tutorials.
- Dec 2024Series D$693M
- Aug 2023Series C$100M
- Jun 2021Conventional Debt—
- May 2021Series C$200M
#11
Series C · St. John's, Newfoundland And Labrador · founded 2017 · 86 employees$40.6Mraised▾
Provider of AI-powered collaboration platform for engineering and product development teams. It caters to various industries such as automotive, aerospace & defense, industrial machinery and heavy equipment, and medical. The platform helps teams share CAD files, conduct reviews, capture and organize feedback, and apply AI agents that surface design insights and detect issues earlier in development cycles. It enables users to upload documents, share updates and manage tasks. It enables users to manage feedback, project progress and track performance of the teams.
- Oct 2025Series C$72M
- Mar 2025Series B$3.9M
- Apr 2024Series B$21M
- Oct 2021Series A$17M
#12
Series A · Calgary, Alberta · founded 2013 · 15 employees$10.4Mraised▾
Developer of a blood test device to detect breast cancer. The company offers the Syantra DX device for blood-based cancer detection test that utilizes a combination of biomarkers and artificial intelligence-generated algorithms for molecular diagnostics. It captures and decodes changes in how the body is functioning. It enables earlier detection and effective treatment of cancer.
- Mar 2026Grant (prize money)$2.4M
- Sep 2024Series A$3.6M
- Jan 2022Series A$6.8M
- Jun 2021Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Artificial Intelligence coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Artificial Intelligence is moving in Canada
A read on the academic research around Artificial Intelligence — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 632 Canada-affiliated papers.
- University of Toronto76
- Artificial Intelligence in Medicine56
- Université de Montréal37
- University of British Columbia32
- University of Waterloo31
- Pattern recognition (psychology)3→17
- Artificial neural network8→20
- Benchmark (surveying)6→17
- Task (project management)3→14
- Inference2→13
- Convolutional neural network1→8
- Feature (linguistics)1→4
- Pattern recognition (psychology)4→7
- Set (abstract data type)4→6
- Random forest2→4
- Context (archaeology)9
- MEDLINE6
- Set (abstract data type)5
- Generative grammar5
- Variety (cybernetics)5
Where artificial intelligence is researched across Canada
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing artificial intelligence patents in Canada
Canada artificial intelligence patent filing is accelerating — 9,652 filings from 3,011 assignees (2016–2025), led by Toronto Dominion BANK, Royal BANK Of Canada, D WAVE Systems; annual filings 209→1385.
- Toronto Dominion BANK531
- Royal BANK Of Canada484
- D WAVE Systems469
- Schlumberger Technology407
- Schlumberger CA406
- Services Petroliers Schlumberger298
- Dwave SYS258
- Element AI224