Best Augmented Reality Companies in Canada
The 112 best Augmented Reality companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Librestream.
Canada's Augmented Reality sector is leaner than the global hype suggests, and that gap is exactly what makes it worth watching. Our directory tracks 112 companies here, carrying $120M in total disclosed funding and, notably, zero unicorns. Librestream leads the pack at $55M raised, with ImagineAR pulling in $9M and Recon Instruments at $17M. The rest of the field is scrappier: ARway has disclosed just $252,591, which tells you something real about where most of this ecosystem sits right now. The global AR market was valued at roughly $14.7B in 2020 and is forecast to hit $85.5B by 2025 at a 38.1% CAGR, driven by retail adoption and declining hardware costs. Canada's funding pool is a fraction of that, but momentum here is real.
So what's moving the needle? Consolidation is one signal. A recent acquisition in the AR space shows buyers are circling smaller players, which I'd expect to flush out more deal activity across North America this year. Privacy regulation around AR data collection remains a structural headwind you can't ignore, particularly as enterprise deployments scale. Backers like Ontario Centre of Innovation, Intel Capital, and BDC are the ones keeping this ecosystem funded through that friction.
- Doug Halsall
- Augmented reality market projected to be worth $7 billion by 2030
Ranked: Best Augmented Reality companies in Canada
| # | Company | Last round | Disclosed funding | Stage | Founder | Employees | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 3rDi Provider of an AR-based app to visualize museum exhibits | — | — | Deadpooled | Raj Nayak CEO | — | — | — | — |
| 2 | AccessAR Developer of AR lenses and filters | — | — | Deadpooled | Chrissy Gow CEO & Founder | — | — | — | — |
| 3 | Afterguard Marine Develops HUDs for sailing | — | — | Deadpooled | Alex Moret Founder | — | — | — | — |
| 4 | Afternoonapps Developer of mobile applications designed for productivity, utility, and entertainment | — | — | Deadpooled | Galal Hassan Co-Founder | — | — | — | — |
| 5 | Agents of Discovery Augmented reality and geo-triggered based educational app for schools | — | — | Funding Raised | Mary Clark CEO | 24 | WordPress Block EditorDiviWordPress+30 | — | 1 launch |
| 6 | Aircoins Mobile game developer specializing in AR enabled games | — | — | Funding Raised | Emal Safi CEO | — | — | — | — |
| 7 | AR Builder Platform to build, publish, and manage augmented reality mobile apps | — | — | Deadpooled | Reece Griffin Founder & Managing Director | — | — | — | — |
| 8 | AR TV Store Provider of an augmented reality-based shopping experience | — | — | Deadpooled | Parth Gupta Founder & President | — | — | — | — |
Top 12 Augmented Reality companies in Canada
#1
Public · Toronto, Ontario · founded 2018 · 172 employees$2.1Mraised▾
Provider of AI and augmented reality solutions for events and commerce. The company delivers 3D modeling, virtual photography, and product configuration. It offers event management, navigation, and team-building platforms. The business provides tools for creating immersive shopping experiences and managing events. It integrates with e-commerce platforms, offering security and compliance.
- Jan 2026Post IPO$233.8K
- Nov 2025Post IPO$337.7K
- Feb 2025Post IPO$956.8K
- Sep 2024Post IPO$352.2K
#2
Public · Vancouver, British Columbia · founded 2011$9.1Mraised▾
Provider of a platform to create AR campaigns. It enables businesses to create and implement their own AR campaigns without the need for programming or technology experience. Allows brand customers to point their mobile devices at logos, signs, buildings, products, or landmarks for visualizing videos, information, advertisements, coupons, 3D holograms, and more in a superimposed environment. Has use case in retail, sports, marketing, and other applications.
- Feb 2025Post IPO$127.4K
- Aug 2024Post IPO$92.7K
- Oct 2023Post IPO$565.4K
- May 2023Post IPO$312.6K
#3
Acquired · Toronto, Ontario · founded 2018$252.6Kraised▾
Provider of augmented reality platform for indoor navigation and experiences. The platform offers tools for creating interactive maps and augmented reality experiences. It supports wayfinding, point-of-interest directories, and multi-floor navigation. The platform also provides features for location-based content, advertising, and training applications. It allows users to design and deploy augmented reality content.
- Nov 2025Post IPO$106K
- Feb 2025Post IPO$146.6K
#4
Series D · Winnipeg, Manitoba · founded 2003 · 88 employees$55Mraised▾
Librestream provides on site video collaboration solutions to service businesses. Provides features for sharing audio and video, circling and marking areas that need attention, adjusting lighting, and capturing still images and more.
- Feb 2021Series D—
- Jun 2020Series D$18.8M
- Mar 2016Series B$8.3M
- Nov 2013Series A$780K
#5
Seed · Victoria, British Columbia · founded 2010$2.2Mraised▾
Provider of AR/VR-based training solutions for aerospace and defence. It provides simulated learning and data analytics solutions in a gamified virtual and superimposed environment.
- Jan 2024Seed$2.2M
#6
Acqui-Hired · Vancouver, British Columbia · founded 2008 · 75 employees$17Mraised▾
Recon’s award winning multi-patent and patent-pending technology platforms integrate a Heads-up Display with a micro-computer and sensor suite. Has worldwide distribution and partnerships with leading technology and optics companies. Delivers real-time access to performance stats, GPS navigation, and communication information, direct-to-eye. It has designed its products especially for sports therefore comes with shock and water-resistant technology. Acquired by Intel in 2015.
- Apr 2014Series B$7M
- Sep 2013Series A—
- Jan 2012Series A$10M
#7
Series A · Montreal, Quebec · founded 2015 · 28 employees$13.5Mraised▾
Developer of a 3D computer vision platform. It is is commercializing the world’s first passive, single sensor solution for 3D imaging that can be tailored to any camera sensor. Its Transmissive Diffraction Mask and computational imaging algorithms deliver profound savings in hardware, computation, and power usage. Coupled with the technology’s drop-in compatibility with standard camera sensors and lenses, it can bring 3D to users existing design in a size that is unmatched by other technologies without having to redesign your hardware and all the while maintaining your original 2D image.
- Jul 2018Series A$10M
- May 2017Seed$3.5M
#8
Series A · Fredericton, New Brunswick · founded 2016 · 33 employees$4Mraised▾
Cloud-based industrial holographic platform for remote support & training. The platform enables holographic AR visualization to the field workers thereby helping them troubleshoot, inspect or repair objects from experts situated off-site. The features include knowledge-push of technical documents or instructional holograms, video & audio calls, and in-view notation, The company has partnered with Microsoft to utilize the platform as the layer for its HoloLens mixed reality smart glass. The company claims that the platform minimizes equipment downtime. Applications are in the areas of energy, heavy equipment industry, aerospace & defense, manufacturing, engineering, construction, oil & gas, etc.
- Mar 2022Series A$3.3M
- Seed$750K
#9
Seed · Vancouver, British Columbia · founded 2015 · 15 employees$2.7Mraised▾
Developer of a platform offering VR analytics solutions. Its platform has features that record, measure, aggregate, and analyzes data from VR, AR, and MR experiences to provide actionable insights. The platform is composed of a 3D data visualization platform providing insights into user path and movement activity, engagement, and gazes time and spatial relevancy of event telemetry. It is compatible with VR headsets such as Samsung Gear, HTC Vive, Oculus, Google VR, Daydream, Microsoft Hololens, Arkit, and Meta.
- Sep 2022Seed$2.5M
- Jun 2016Seed$175K
#10
Series A · Kitchener, Ontario · founded 2015 · 41 employees$4.6Mraised▾
Developer of imaging sensors embedded smart glasses. The product is based on a CMOS-MEMS technology platform. A micro-scanner positions a diffractive optic element (DOE) to direct a beam of infrared light towards the eye, finger, or head. One or more photodiodes can detect the reflection at a unique angle that corresponds to the user’s gaze direction or finger/head position.
- Oct 2017Series A$4.6M
- 2017Series A—
#11
Acquired · Toronto, Ontario · founded 2006 · 69 employees$4.3Mraised▾
ModiFace is focused on facial visualization and virtual modification. ModiFace markets 3D AR makeup mirror to help brands and retailers market their products to consumers standing at cosmetic counters as well as shopping at home. Its proprietary technology can simulate makeup products such as lipstick and eyeshadow in real time and in full 3D. Claims to be the world’s largest (performing nearly 750,000 makeovers per day) and most advanced (based on the number and technical complexity of the visualizations) virtual makeover platform, with nearly 100 websites in North America, Latin America, Europe, and Asia using ModiFace technology.
- 2012Series A$3.8M
- Seed$500K
#12
Series A · Vancouver, British Columbia · founded 2017 · 54 employees$2.3Mraised▾
PrecisionOS is software for orthopedic simulation in virtual reality/augmented reality/mixed reality. It offers an Arthroplasty platform that allows surgeons to perform virtual surgery before the actual patient intervention, and a Trauma platform using which surgeons can virtually comprehend the fracture configuration, optimal screw trajectory, and plate position. before treating complex injuries. The company also provides custom VR, AR, or MR experiences to the Orthopedic industry.
- Nov 2018Series A$2.3M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Augmented Reality coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
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.