Radar · Artificial Intelligence in Toronto
Best Artificial Intelligence Companies in Toronto, Canada
The 179 best Artificial Intelligence companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Cohere.
By Rohit KhannaTrends & Stories
179companies tracked
$3.5Bdisclosed funding
5unicorns
82have raised
FLIAR INTELLIGENCE · ARTIFICIAL INTELLIGENCE × TORONTO
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.
151companies analysed
96%cloud-native stacks
2025funding peak (by rounds)
51unicorns
2021median founding year
973kcombined LinkedIn audience
46%of audience held by top 3
10companies hiring publicly (12 mo)
Ranked: Best Artificial Intelligence companies in Toronto
| # | Company | Disclosed funding | Last round | Employees | Tech stack | Founder | 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 | 44 | SanitySentryApple iCloud Mail+34 | Nick Frosst Co-Founder | 18 patents Efficient training and compression techniques for large transformer language models | 1 partnership · 1 expansion |
| 2 | 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 | 350 | SanityCart FunctionalityTurbopack+18 | Ivan Hamer Co-Founder | 100 patents Patents concentrated in computing, sensing & instrumentation | 2 launchs |
| 3 | Waabi 🦄 Developer of physical artificial intelligence platform for autonomous trucks and robotaxis | $284M | 4 mo ago | 127 | WordPressApple iCloud MailGoogle Workspace+22 | Raquel Urtasun Founder & CEO | — | 1 award |
| 4 | Deep Genomics AI-powered platform for RNA biology to accelerate genetic therapy discovery 55AI top 22%Moat top 28%Funding top 29%Patents top 33% All 11 signals ▾AItop 22% Moattop 28% Fundingtop 29% Patentstop 33% Innovationtop 39% Talenttop 41% Marketbottom 49% Globalbottom 43% Techbottom 37% Growthbottom 35% Newsbottom 27% AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC) Moat: Editorial + unicorn rating 8/10 · IP moat: 92 patents rank vs industry peers · Fliar Intelligence Index 55/100 | $238M | 58 mo ago | 105 | WagtailPythonDjango+9 | Brendan Frey Co-Founder & Chief Innovation Officer | 92 patents AI-driven genomic variant analysis and therapeutic design for precision medicine | 6 job openings · 1 expansion |
| 5 | 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 | 394 | SanitySentryWistia+24 | David Hariri Co-Founder | — | 1 job opening |
| 6 | Benchsci Developer of an AI platform for understanding disease biology 78AI top 20%Funding top 25%Talent top 28%Moat top 31% All 11 signals ▾AItop 20% Fundingtop 25% Talenttop 28% Moattop 31% Techtop 32% Innovationtop 35% Producttop 37% Markettop 45% Growthtop 45% Globalbottom 37% Newsbottom 32% AI: Classified as an AI company Funding: Raised $170M across 7 rounds · 7 rounds over 10 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 78/100 | $170M | 36 mo ago | 426 | HubSpot CMS HubSalesforceFacebook Login+20 | Elvis Wianda Co-Founder | — | 1 launch |
| 7 | Untether AI Developer of hardware and software for artificial intelligence inference acceleration | $152M | 59 mo ago | 122 | WordPressMySQLPHP+21 | Chris Walker CEO & President | 78 patents High‑performance computational memory and dataflow architectures for AI acceleration | — |
| 8 | 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 | — | — | Adrian Lam CEO & President | — | — |
| 9 | Ideogram AI text-to-image generation tool 74AI top 20%Moat top 22%Funding top 32%Tech top 32% All 9 signals ▾AItop 20% Moattop 22% Fundingtop 32% Techtop 32% Talenttop 38% Markettop 44% Growthtop 45% Globalbottom 37% Newsbottom 22% AI: Classified as an AI company Moat: Editorial + unicorn rating 8/10 · Soonicorn rank vs industry peers · Fliar Intelligence Index 74/100 | $96M | 27 mo ago | — | Facebook LoginApple Sign-inMUI+18 | Mohammad Norouzi Co-Founder & CEO | — | 2 launchs |
| 10 | RoseRocket Provider of cloud-based transportation management system | $69M | 36 mo ago | 152 | WebflowCart FunctionalityGSAP+30 | Alexander Luksidadi Co-Founder & CTO | — | 1 job opening |
| 11 | Forma Provider of sales performance management software for incentive compensation and planning | $55M | 49 mo ago | 145 | WebflowAmazon Web ServicesSalesloft+28 | Nabeil Alazzam Founder & CEO | — | 1 job opening |
| 12 | Arteria Provider of contract lifecycle management solutions powered by artificial intelligence | $50M | 31 mo ago | 60 | WebflowApple iCloud MailMicrosoft 365+14 | Jonathan Wong Co-Founder & CTO | — | — |
| 13 | Varicent Provider of incentive compensation management solutions for enterprises | $49M | 23 mo ago | 670 | HubSpot CMS HubApple iCloud MailMicrosoft 365+20 | Marc Altshuller Founder & CEO | — | — |
| 14 | Swift Medical Provider of AI-based wound care and diagnosis tool 60AI top 30%Moat top 31%Funding top 32%Talent top 38% All 13 signals ▾AItop 30% Moattop 31% Fundingtop 32% Talenttop 38% Techtop 39% Producttop 40% Patentstop 42% Innovationtop 45% Growthtop 45% Marketbottom 48% Globalbottom 40% Newsbottom 21% Customersbottom 13% AI: Classified as an AI company · Product described with: ai-based Moat: Editorial + unicorn rating 7/10 · IP moat: 10 patents rank vs industry peers · Fliar Intelligence Index 60/100 | $48M | 28 mo ago | 118 | WordPress Block EditorWordPressBugHerd+44 | Sheila Wang Co-Founder | 10 patents Medical imaging devices for tissue visualization, especially wound assessment and monitoring. | — |
| 15 | Rubikloud Provier of cloud-based business intelligence platform for omnichannel retailers | $45M | 101 mo ago | 100 | — | — | — | — |
| 16 | ODAIA Provider of AI-powered intelligence platform for pharmaceutical commercial and sales teams | $44M | 37 mo ago | 3 | — | Philip Poulidis Co-Founder & CEO | — | — |
| 17 | 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 | 78 | WebflowPostHogLinkedin Insight Tag+17 | Nicholas Abe Co-Founder & COO | — | — |
| 18 | Integrate Provider of a federated AI platform for data evaluation solutions | $40M | 88 mo ago | 36 | Webflow EcommerceWebflowApple iCloud Mail+20 | Steve Irvine Founder & CEO | — | — |
| 19 | CentML Provider of AI optimization solutions for software application development | $27M | 31 mo ago | 19 | Apple iCloud MailGoogle WorkspaceFirebase+17 | Anand Jayarajan Co-Founder | 9 patents Patents concentrated in computing, sensing & instrumentation | — |
| 20 | Cyclica AI platform for supporting drug discovery research | $21M | 43 mo ago | 56 | — | Jason Mitakidis Founder | 32 patents AI-powered computational drug discovery and proteome-wide ligand docking platforms. | — |
| 21 | Looki Developer of multimodal personal AI wearable device for self-insight | $20M | 5 mo ago | — | Cart FunctionalityShopifyThree.js+21 | Bocong Liu Co-Founder & CTO | — | — |
| 22 | Canvass Developer of AI platform that transforms scattered information into actionable insights 53AI top 20%Innovation top 23%Funding top 37%Product top 43% All 9 signals ▾AItop 20% Innovationtop 23% Fundingtop 37% Producttop 43% Talentbottom 49% Marketbottom 40% Globalbottom 37% Newsbottom 32% Techbottom 15% AI: Classified as an AI company Innovation: 9 product lines · Deep-tech classification: Artificial Intelligence rank vs industry peers · Fliar Intelligence Index 53/100 | $19M | 46 mo ago | 41 | — | Humera Malik Founder & CEO | — | — |
| 23 | Viggle AI-powered animated video generator | $19M | 21 mo ago | — | Base UIUnoCSSReact+11 | Hang Chu Co-Founder & CEO | — | 6 launchs · 1 partnership |
| 24 | 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 | 20 | WebflowApple iCloud MailGoogle Workspace+25 | Tawfeeq Gaffoor Co-Founder & CTO | — | 1 partnership |
| 25 | Secoda Provider of an AI platform for data and analytics solutions | $16M | 32 mo ago | 4 | Webflow EcommerceWebflowApple iCloud Mail+20 | Etai Mizrahi Co-Founder & CEO | — | — |
| 26 | 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 | 54 | WebflowSalesloftHubSpot+28 | Brett Janssen Co-Founder & CTO | 6 patents Plate-shaped catalyst layers for fuel cell/electrolyzer electrodes | 2 job openings |
| 27 | 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 | 35 | Webflowcore-jsjQuery+12 | Massimiliano Moruzzi Co-Founder | 11 patents AI-driven motion control, CAD routing optimization, and metal‑polymer composite manufacturing | 2 launchs |
| 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 | 40 | WordPressMySQLPHP+19 | Fedor Suprychev Co-Founder & Software Engineering Lead | — | — |
| 29 | Ecopia Provider of AI-based mapping systems generating high-definition vector data | $13M | 47 mo ago | 57 | GSAPSalesloftLenis+16 | Yuanming Shu Co-Founder & CEO | — | — |
| 30 | 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 | 40 | WebflowSentryWistia+27 | Samarth Bhasin Co-Founder & CTO | — | — |
| 31 | 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 | — | WebflowGSAPAmazon Web Services+21 | Abhinav Boyed Co-Founder | — | — |
| 32 | 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 | — | — | Don Mal Co-Founder & Chairman | — | — |
| 33 | BlueDot Provider of infectious disease intelligence platform 48AI top 20%Moat top 39%Funding top 42%Tech top 44% All 8 signals ▾AItop 20% Moattop 39% Fundingtop 42% Techtop 44% Talentbottom 49% Marketbottom 47% Globalbottom 37% Growthbottom 35% AI: Classified as an AI company Moat: Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked rank vs industry peers · Fliar Intelligence Index 48/100 | $10M | 41 mo ago | 108 | WordPress Block EditorElementorWordPress+28 | Kamran Khan Founder & CEO | — | — |
| 34 | Ribbon Provider of AI-powered recruiting platform for candidate screening and interviewing | $8M | 14 mo ago | — | Webflow EcommerceWebflowAmazon Web Services+29 | Dave Vu Co-Founder & Co-CEO | — | 3 job openings |
| 35 | 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 | — | SentryInstatusNode.js+27 | Kevin Michael Co-Founder & CEO | — | 1 launch · 1 partnership |
| 36 | Astrus Developer of AI-powered software for superhuman microchip design and automation | $5M | 9 mo ago | 4 | Framer SitesApple iCloud MailGoogle Workspace+7 | Zeyi Wang Co-Founder & Research Engineer | — | — |
| 37 | 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 | 9 | — | Karthik Ramakrishnan Co-Founder & CEO | — | 1 partnership |
| 38 | 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 | 3 | WordPressMySQLPHP+10 | — | 48 patents Patents concentrated in electrical & electronics | — |
| 39 | Campfire AI platform for automating Google Ads, Meta Ads, and SEO workflows | $4M | 21 mo ago | 7 | Framer SitesReactcore-js+8 | Sina Zargaran ex-Co-Founder | — | 1 job opening |
| 40 | 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 | 18 | WordPressProton MailApple iCloud Mail+13 | Tomas Babej Cofounder and Chief Technology Officer | 9 patents Protein therapeutics targeting the sortilin receptor and natriuretic peptide delivery systems | 2 job openings |
| 41 | Birdseye Platform offering software suite solutions for businesses | $4M | 30 mo ago | 9 | — | Matt Bogoroch Co-Founder & CEO | 2 patents Optimizing e‑commerce resource allocation and scheduling | — |
| 42 | Dreamwell Provider of platform automating influencer prospecting, pricing, and campaign management | $2M | 20 mo ago | — | — | Anthony Bobsin Co-Founder & CTO | — | — |
| 43 | Bench IQ Provider of AI service that analyzes judges rulings for attorneys | $2M | 9 mo ago | — | — | Maxim Isakov Co-Founder & CTO | — | — |
| 44 | Dippy Platform for creating and interacting with artificial intelligence companion characters | $2M | 19 mo ago | — | SentryGoogle CloudRemix+10 | Angad Singh Co-Founder & COO | — | — |
| 45 | Xaba Developer of an AI platform for industrial automation and robotics 45AI top 20%Patents top 33%Innovation top 38%Talent top 38% All 10 signals ▾AItop 20% Patentstop 33% Innovationtop 38% Talenttop 38% Growthtop 45% Moatbottom 49% Fundingbottom 47% Techbottom 43% Globalbottom 43% Marketbottom 19% AI: Classified as an AI company Patents: 9 patents matched (strict assignee match) · 9 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 45/100 | $2M | 14 mo ago | 6 | Cart FunctionalitySquarespace CommerceSquarespace+15 | Davide Panelli Co-Founder | 9 patents Patents concentrated in transport & manufacturing processes | — |
| 46 | StackAdapt 🦄 Provider of an AI-powered platform for digital advertising campaign management | $2M | 16 mo ago | 993 | WordPress Block EditorWordPressMySQL+25 | Yang Han Co-Founder & CTO | 24 patents Ad tech: audience lookalike modeling and automated multi-goal content placement optimization. | 3 launchs |
| 47 | Younet Platform offering tools for creating personalized AI models | $1M | 22 mo ago | — | MUIReactEmotion+13 | Alex Kapralov Founder & CEO | — | 1 launch |
| 48 | Healthkind AI-powered tools to enhance clinic-patient communications 42AI top 26%Talent top 38%Moat top 48%Market bottom 40% All 6 signals ▾AItop 26% Talenttop 38% Moattop 48% Marketbottom 40% Fundingbottom 38% Globalbottom 32% AI: Classified as an AI company · Product described with: ai-powered, natural language processing Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 42/100 | $899K | 18 mo ago | — | — | Matt Zukowski Co-Founder & CTO | — | — |
| 49 | Ecomtent Provider of AI-powered product listing optimization for ecommerce merchandising | $647K | 18 mo ago | — | Webflow EcommerceWebflowHubSpot+17 | Max Sinclair Co-Founder & CEO | 2 patents Generative AI tools for e‑commerce content and layout customization | — |
Top 12 Artificial Intelligence companies in Toronto
#1
Cohere 🦄Series D · Toronto, Ontario · founded 2019 · 44 employees$970Mraised▾
Cohere 🦄
Series D · Toronto, Ontario · founded 2019 · 44 employees
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.
Fliar Intelligence Index™ 90how this company ranks against its industry peers
Funding
top 14%AI
top 18%Tech
top 21%Moat
top 28%Talent
top 28%Innovation
top 33%Funding: Raised $970M across 6 rounds · 6 rounds over 5 yrs (1.2/yr) · Last round Series D (Sep 2025)
AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC)
Tech: 72 technologies across 5/8 capability areas · Cloud: Amazon Ses, Amazon Web Services · Observability: Datadog, Fullstory
Audience (LinkedIn): 260k LinkedIn followers — 26.7% of this cohort's audience
Activity (LinkedIn): 1 partnerships · 1 expansions (incl. TKMS) announced in 12 mo
Funding rounds
- Sep 2025Series D$100M
- Aug 2025Series D$500M
- Jun 2024Series D$500M
- Jul 2023Series C—
Founders & team
Investors
Inovia Capital, Nvidia, Index Ventures, Oracle, DTCP, Mirae Asset
Tech stack
6SenseAmazon SesAmazon Web ServicesAnt DesignApple Icloud MailClosure Library
#2
Waabi 🦄Series C · Toronto, Ontario · founded 2021 · 127 employees$283.5Mraised▾
Waabi 🦄
Series C · Toronto, Ontario · founded 2021 · 127 employees
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.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 31k LinkedIn followers — 3.2% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
- Jan 2026Series C$750M
- Jun 2024Series B$200M
- Jan 2023Series A—
- Jun 2021Series A$83.5M
Founders & team
Investors
Volvo Group, Khosla Ventures, Uber, Radical Ventures, 8VC, OMERS
Tech stack
Amazon CloudfrontAmazon Web ServicesApple Icloud MailDatocmsGoogle AnalyticsHttp/3
#3
Series C · Toronto, Ontario · founded 2012$100.7Mraised▾
Series C · Toronto, Ontario · founded 2012
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.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
AI
top 20%Funding
top 31%Talent
bottom 49%Global
bottom 48%Tech
bottom 31%News
bottom 27%AI: Classified as an AI company
Funding: Raised $101M across 7 rounds · 7 rounds over 10 yrs (0.7/yr) · Last round Series C (Oct 2025)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding rounds
- Oct 2025Series C$550K
- Jun 2025Series C$500K
- Jun 2024Series C$1.5M
- Aug 2022Series C$1M
Founders & team
Investors
MedVenture Partners
Tech stack
WordpressMysqlPhpGeneratepressGravity FormsGenerateblocks
#4
Series D · Toronto, Ontario · founded 2016 · 350 employees$485.1Mraised▾
Series D · Toronto, Ontario · founded 2016 · 350 employees
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.
Fliar Intelligence Index™ 90how this company ranks against its industry peers
Funding
top 20%Patents
top 25%Moat
top 25%Innovation
top 28%Talent
top 28%AI
top 30%Funding: Raised $485M across 6 rounds · 6 rounds over 9 yrs (0.7/yr) · Last round Series D (Dec 2024)
Patents: 100 patents matched (strict assignee match) · 60 filings since 2022 vs 40 in 2017-21 · Latest publication 2025
Moat: Editorial + unicorn rating 9/10 · IP moat: 100 patents · Unicorn
Audience (LinkedIn): 84k LinkedIn followers — 8.7% of this cohort's audience · 106 engagements/post (2.0× cohort median)
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
- Dec 2024Series D$693M
- Aug 2023Series C$100M
- Jun 2021Conventional Debt—
- May 2021Series C$200M
Founders & team
Investors
Fidelity Investments, Moore Capital Management, Real Ventures, Eclipse, Hyundai Motor Group, Samsung Catalyst Fund
Tech stack
Amazon SesAmazon Web ServicesApple Icloud MailCart FunctionalityClipboard.JsDocusign
#5
Series A · Toronto, Ontario · founded 2024$20Mraised▾
Series A · Toronto, Ontario · founded 2024
Developer of multimodal personal AI wearable device for self-insight. The device records daily activities and provides personalized feedback. It analyzes recorded data to offer insights related to habits and behaviors.The wearable uses multimodal AI to analyze information and provide personalized responses.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 622 LinkedIn followers
Activity: 3 product launches · 1 partnerships (incl. Microsoft) announced in 12 mo
Funding rounds
- Jan 2026Series A$20M
Founders & team
Investors
Ant Group, Meituan Dragon Ball Capital, Walden International, Beijing Zhongguancun Venture Capital Development, BAI Capital
Tech stack
Amazon Web ServicesBase UiCart FunctionalityCloudflareCloudflare Bot ManagementCore-Js
#6
Seed · Toronto, Ontario · founded 2023$10.1Mraised▾
Seed · Toronto, Ontario · founded 2023
Provider of platform for financial planning and analysis solutions. The platform offers budgeting, planning, and forecasting capabilities using native AI software. It provides tools for real-time modeling, AI powered forecasting, and commitment tracking. The platform integrates data from CRM, ERP, and other operational systems. It also offers prebuilt templates, embedded BI, and AI-driven forecasting models. The platform enables users to assign plan owners, monitor progress, and track outcomes.
Fliar Intelligence Index™ 42how this company ranks against its industry peers
AI
top 26%Talent
top 38%Partners
top 45%Funding
top 46%Moat
top 48%Innovation
bottom 45%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
Partners: 1 partnership announcement in 12 mo (1 in 24 mo)
Audience (LinkedIn): 1k LinkedIn followers
Funding rounds
- Feb 2026Seed—
- Apr 2025Seed$4.4M
- Dec 2024Seed$5.2M
- Nov 2024Seed$464.4K
Founders & team
Investors
Staircase Ventures, Emerald Development Managers
#7
Ada 🦄Series C · Toronto, Ontario · founded 2016 · 394 employees$200Mraised▾
Ada 🦄
Series C · Toronto, Ontario · founded 2016 · 394 employees
AI platform for text based customer support. The platform helps organizations manage customer conversations across different industries through written communication. It supports handling inquiries, responses, and ongoing support interactions within a centralized online system.
Fliar Intelligence Index™ 87how this company ranks against its industry peers
AI
top 20%Funding
top 23%Moat
top 26%Tech
top 27%Market
top 33%Growth
top 35%AI: Classified as an AI company
Funding: Raised $200M across 5 rounds · 5 rounds over 10 yrs (0.5/yr) · Last round Grant (prize money) (Mar 2025)
Moat: Editorial + unicorn rating 9/10 · Unicorn · 10 curated direct competitors tracked
Audience (LinkedIn): 51k LinkedIn followers — 5.3% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Enterprise Account Executive
Funding rounds
- Mar 2025Grant (prize money)$1.8M
- Jan 2022Angel—
- May 2021Series C$130M
- Mar 2020Series B$44M
Founders & team
Investors
Spark Capital, Tiger Global Management, Accel, Bessemer Venture Partners, Version One Ventures, FirstMark
Tech stack
Alpine.JsAstroCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCloudflare Zaraz
#8
Acquired · Toronto, Ontario · founded 2015 · 54 employees$16Mraised▾
Acquired · Toronto, Ontario · founded 2015 · 54 employees
Provider of an AI tax research solution for accounting professionals. The platform offers a curated database of tax resources, updated to reflect changes. It leverages tax expertise to provide oversight of algorithms. The solution is designed to be conversational, providing answers to tax questions. It helps tax experts research efficiently and communicate confidently.
Fliar Intelligence Index™ 64how this company ranks against its industry peers
AI
top 20%Talent
top 28%Funding
top 34%Growth
top 35%Moat
top 37%Tech
top 40%AI: Classified as an AI company
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Funding: Raised $16.0M across 3 rounds · 3 rounds over 8 yrs (0.4/yr) · Last round Series D (Aug 2025)
Audience (LinkedIn): 12k LinkedIn followers
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Customer Support Representative, Senior GRC Analyst
Funding rounds
- Aug 2025Series D$122M
- Dec 2024Series C—
- Aug 2021Series B$9M
- Nov 2018Series A$7M
Founders & team
Investors
LDV Partners, Mistral, BDC, Relay Ventures, Generation Ventures, Ten Coves Capital
Tech stack
CdnjsCloudflareCloudflare Bot ManagementCore-JsDemandbaseFacebook Pixel
#9
Seed · Toronto, Ontario · founded 2023$5.5Mraised▾
Seed · Toronto, Ontario · founded 2023
Developer of an AI-powered platform for React application design and development. The platform enables users to design and edit React code visually using a drag-and-drop editor. It allows importing components from Storybook or generating custom libraries. The platform integrates with existing codebases, VSCode, and GitHub, offering component templates and AI assistance for product development.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
AI
top 30%Tech
top 32%Funding
top 43%Growth
top 45%Talent
bottom 49%Global
bottom 48%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 · Observability: Datadog, Microsoft Clarity
Funding: Raised $5.5M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) · Last round Seed (Oct 2025)
Audience (LinkedIn): 8k LinkedIn followers
Activity (LinkedIn): 2 product launches · 1 partnerships (incl. Guidewire Software and P&C carriers) announced in 12 mo
Funding rounds
- Oct 2025Seed$5M
- 2023Seed$500K
Founders & team
Investors
Golden Ventures, Y Combinator, BoxGroup, Webflow, Inovia Capital, General Catalyst
Tech stack
Amazon S3Amazon Web ServicesClickbankCloudflareCloudflare Bot ManagementCore-Js
#10
Series A · Toronto, Ontario · founded 2022 · 4 employees$5.3Mraised▾
Series A · Toronto, Ontario · founded 2022 · 4 employees
Developer of AI-powered software for superhuman microchip design and automation. The software empowers analog designers to create advanced microchips using artificial intelligence. Rooted in the AlphaGo line of research, the company builds a foundation model that learns semiconductor physics. The system generates and evaluates layouts in simulation, balancing performance and manufacturability in a single flow.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Funding rounds
- Sep 2025Series A$8M
- Oct 2023Seed$2.6M
- Feb 2023Seed$275K
- Sep 2022Seed$2.4M
Founders & team
Investors
Khosla Ventures, HOF Capital, MVP Ventures, Alumni Ventures, Plug and Play Tech Center, RiSC Capital
Tech stack
Apple Icloud MailFramer SitesGodaddyGoogle Font ApiGoogle WorkspaceHsts
#11
Series B · Toronto, Ontario · founded 2017 · 78 employees$43Mraised▾
Series B · Toronto, Ontario · founded 2017 · 78 employees
Developer of AI platform for investment research and analysis workflows. The platform offers tools for financial chat, idea generation, and report creation. It provides insights and analysis designed to streamline investment decisions. The platform delivers outputs through an application programming interface, a direct application, and mobile access. It focuses on data security and governance standards.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
AI
top 20%Funding
top 32%Talent
top 38%Moat
top 39%Growth
top 45%Tech
bottom 46%AI: Classified as an AI company
Funding: Raised $43.0M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) · Last round Series B (Nov 2024)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 16k LinkedIn followers
Funding rounds
- Nov 2024Series B$15M
- Aug 2024Conventional Debt$10M
- Jan 2022Series B$35M
- May 2020Series A$8M
Founders & team
Investors
Canadian Imperial Bank of Commerce, Polar Equity Partners, Dunamu & Partners, Portage, Fidelity, Ten Coves Capital
Tech stack
CloudflareCloudflare Bot ManagementCloudflare TurnstileGoogle AnalyticsGoogle Tag ManagerGoogle Workspace
#12
Seed · Toronto, Ontario · founded 2018 · 35 employees$15.8Mraised▾
Seed · Toronto, Ontario · founded 2018 · 35 employees
Developer of automated electrical design platform for clash-free conduit routing. The platform analyzes models and generates constructible conduit routes. It optimizes for length, bend degree, installation time, and cost. The platform integrates with existing conduit schedules and Autodesk Revit. It allows users to explore multiple designs and compare material and labor costs. The platform is designed for commercial projects.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
AI
top 18%Talent
top 28%Patents
top 32%Moat
top 37%Innovation
top 38%Funding
top 41%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
Patents: 11 patents matched (strict assignee match) · 11 filings since 2022 vs 0 in 2017-21 · Latest publication 2026
Audience (LinkedIn): 5k LinkedIn followers
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
- Mar 2025Seed$10M
- Jun 2023Seed$11.8M
- Jun 2022Seed$4.1M
Founders & team
Investors
Hazelview Ventures, BDC, Suffolk, Eclipse, Ferguson Ventures, Whiteshell Group
Tech stack
BunnyCloudflareCookiehubGoogle AnalyticsGoogle WorkspaceGsap
Funding & investor landscape
$3.5Btotal disclosed funding
76companies funded
198disclosed rounds
0rounds last 90 days
Most active investors
Notable founders
Nick Frosst
Co-Founder · Cohere
Ivan Zhang
Co-Founder · Cohere
Raquel Urtasun
Founder & CEO · Waabi
Vlad Rozhkovskiy
Director of Finance · Waabi
Adrian Lam
CEO & President · Analytics4Life
Ivan Hamer
Co-Founder · Tenstorrent
Milos Trajkovic
Co-Founder · Tenstorrent
Bocong Liu
Co-Founder & CTO · Looki
Yang Sun
Co-Founder & CEO · Looki
Don Mal
Co-Founder & Chairman · Una Software
Michael Morrison
CEO · Una Software
David Hariri
Co-Founder · Ada
Prism market signals · Canada · country-scoped Prism corpus, 8,300,335 docs
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
RESEARCH IN TORONTO · AI & Compute
How research on Artificial Intelligence in Toronto is moving
A read on the academic research around Artificial Intelligence in Toronto — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 85 papers.
University of Toronto and peers lead Toronto's AI research, dominated by speech, audio, and multimodal learning themes, with an optimistic tone favoring breakthroughs over concerns.
85 papers · stance +0.58 · 51% breakthrough · 9% concern
top institutions
- University of Toronto76
- Toronto Metropolitan University7
- Toronto Rehabilitation Institute1
- Toronto Zoo1
- Toronto General Hospital1
leading researchers
Geoffrey E. Hinton · Ruslan Salakhutdinov · George E. Dahl · Ilya Sutskever · Abdelrahman Mohamed · Alex Krizhevsky
prism intelligence · tone & topics
98% positive · 0% critical tone
Machine LearningComputer ScienceStatisticsData ScienceHealthcareBusiness
▲
Breakthroughs38 · 45%
▲ 42%→44% share
▲1.0× share momentum1,255 median citations47% since 2021mostly methods-led
Artificial neural network breakthroughs are rising — 6 papers driving segment share from 42% to 44%.
rising sub-themes (early→recent)
- Artificial neural network6
- Benchmark (surveying)4
- Pattern recognition (psychology)4
- Pipeline (software)3
- Encoder3
Landmark ImageNet classification with deep convolutional neural networks · 75,550 cites
◆
Advancements29 · 34%
▼ 40%→31% share
▼0.8× share momentum1,274 median citations41% since 2021mostly methods-led
Advancements field-share cooling from 40% to 31% despite neural network and speech recognition gains.
rising sub-themes (early→recent)
- Artificial neural network5
- Speech recognition4
- Pattern recognition (psychology)4
- Overfitting3
- TIMIT3
Landmark Deep Neural Networks for Acoustic Modeling in Speech Recognition: The Shared Views of Four Research Groups · 10,207 cites
▼
Concerns7 · 8%
▲ 7%→8% share
▲1.1× share momentum1,968 median citations43% since 2021mostly reviews
Concern research intensifying — big data, data science, and unstructured data pushing segment share from 7% to 8%.
rising sub-themes (early→recent)
- Big data1
- Data science1
- Unstructured data1
- LEAPS1
- Leverage (statistics)1
Landmark Understanding Reliability and Validity in Qualitative Research · 5,187 cites
Common questions
How many Artificial Intelligence companies are there in Toronto, Canada?
Radar tracks 179 indexable Artificial Intelligence companies headquartered in Toronto, Canada that meet our profile-completeness bar.
What is the total funding raised by Artificial Intelligence companies in Toronto, Canada?
The Artificial Intelligence companies in Toronto, Canada on this list have raised a combined $3.5B in disclosed equity funding across 76 funded companies.
Which is the highest-funded Artificial Intelligence company in Toronto, Canada?
Cohere is the highest-funded Artificial Intelligence company in Toronto, Canada, with $970M in disclosed equity funding.
How many Artificial Intelligence companies in Toronto, Canada are funded?
76 of the 179 Artificial Intelligence companies in Toronto, Canada on this list have disclosed at least one equity funding round.
How many Artificial Intelligence unicorns are there in Toronto, Canada?
5 Artificial Intelligence companies in Toronto, Canada on this list are valued at $1B or more.
Who are the top investors in Toronto, Canada Artificial Intelligence companies?
The most active investors in Toronto, Canada Artificial Intelligence companies on this list include BDC, Golden Ventures, MaRS Discovery District, Y Combinator, Inovia Capital.
Rohit KhannaTrends & Stories
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.