Auto · Toronto, India

Best Auto Companies in Toronto, Canada

Updated 2026-06-22 · Ranked by funding & momentum

85 indexable Auto companies headquartered in Toronto, Canada, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $214.5M across 8 funded companies.

85
Companies
$214.5M
Total Funding
8
Funded
0
Unicorns
0
Rounds (90d)

Ranked: Best Auto companies in Toronto

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 dynaCERT
Firm specialised in delivering carbon emission reduction technologies to global marketplace
$31.7M Public Post IPO Jun 2025 30 2001 ↑ Active
2 Clutch
Online-first dealer of used cars
$126.8M Series D Series D Jan 2025 203 2016 ↑ Active
3 Trolley
Manufacturer of trolleys and trams
$24.7M Series B Series B Oct 2024 105 2015 ↑ Active
4 Tenet Computer Group
Provider of auto financing solutions for buying electric vehicles
$28M Series A Series A Nov 2023 39 2021
5 Fiix
Online on-demand automotive repair service
$1.9M Acquired Seed Sep 2017 3 2016
6 Electric Vehicle Network
Provider of car rental services
$500K Seed Seed May 2021 4 2018
7 TDot Performance
Toronto-based online seller of performance auto parts
$1M Late Stage PE Dec 2015 18 2008
8 Multimatic
Manufacturer and supplier of structure and suspension components
$1.2K Funding Raised Grant (prize money) May 2017 939 1984
9 Haze Automotive
Manufacturer of lightweight electric vehicles, sports cars, and other automotive products
Seed Seed Sep 2022 27 2020
10 BRIDGE
Manufacturer and design of bicycles
Seed Angel Mar 2022 2020
11 Mevotech
Manufacturer and supplier of major auto components to aftermarket
Funding Raised Unattributed Apr 2014 650 1982
12 Dynaplas
Manufacturer and supplier of major auto components to tier 1
Late Stage PE 2003 175 1985
13 427 Auto Collision
Provider of car paint refinishing and collision repair services
Unfunded 2000
14 active exhaust
Active Exhaust is engaged in the design, test and manufacturer of exhaust systems and components.
Private 900 1958
15 AGS Automotive Systems
Manufacturer and supplier of bumper components to OEMs and tier 1
Unfunded 257 1947
16 Alpha Auto Group
Provider of dealership services for new & used vehicles
Unfunded 800 2014
17 APMA
Automotive association for OEM producers of parts, equipment, tools and supplies
Funding Raised 41 1952
18 Arneja Trading
Importer of classic vehicles
Unfunded 2014
19 Auction Export
Online B2B auction-based platform for used cars
Unfunded 2007
20 Audi Midtown Toronto
Provider of Audi vehicle sales and service
Unfunded 95 2010
21 AutoCatch
Online listing platform to buy and sell new and used cars
Unfunded 2008
22 Autogard Advantage
Online car insurance warranty provider for dealers & consumers
Unfunded 1992
23 Autoinno
Provider of finance and insurance products, training, and chemical protection for automotive dealerships
Unfunded 1995
24 Automotive Properties REIT
Distributor of automotive parts and real estate investment trust
Public 2015
25 Autopark
Used car dealership network offering vehicle sales, financing, and related services
Unfunded 1998
26 Autorama
Dealer of used cars
Acquired 2000
27 AutoTrader.ca
Used Automobile listing portal & content portal
Acquired 2000
28 Avolta
Provider of vehicle security insurance services
Unfunded 41 2021
29 Axcessiom Technologies
Manufacturer of automotive electrical safety systems
Funding Raised 7 2018
30 Bike2Web
Provider of automotive marketing services
Funding Raised 2021
31 boost motor group
Boost provides services and software to auto dealers helping them market their inventory and dealerships using the digital medium.
Private 15 2004
32 Cadvabglobal Services
Provider of strategic consulting organization providing international business development solutions
Unfunded 2013
33 Car Ball Joints
Manufacturer and supplier of major auto components
Deadpooled 2017
34 Car Loans 411
Platform for car loans through dealerships
Unfunded 2008
35 Car Loans Canada
Provider of online auto loan approvals and related services
Unfunded 1999
36 CarGenerator
Provider of portable AC power solution using vehicle as generator
Unfunded 2014
37 Cervelo Cycles
Manufacturer of high-performance bicycles and related components
Unfunded 85 1995
38 Changes On The Fly
Provider of mobile vehicle maintenance and repair services for fleets
Unfunded 2014
39 Clek
Manufacturer of infant, convertible, and booster car seats
Funding Raised 30 2007
40 CompareMyRates
Platform compares internet, cell phone, VoIP, and VPN plans from various providers
Unfunded 2013
41 Conquest Vehicles
Luxury SUV brand
Unfunded 2008
42 Consumers Tire
Tire retailer providing tire sales, mounting, balancing, storage, and repair services
Unfunded 1990
43 Detailing Knights
Online platform to book automotive washing & detailing services
Unfunded 2011
44 dilawri group of companies
Dilawri Group of Companies is an automotive supplier of new and used vehicles and provides vehicle maintenance and repair services.
Private 3,600 1985
45 Dinowash
App-based on-demand car wash and detailing service
Unfunded 2015
46 Downtown Hyundai
Dealership offering an extensive selection of new and used vehicles
Unfunded 2010
47 Epic Car Conversions
Provider of electric vehicle conversion services and custom electric drive systems
Unfunded 2012
48 F and P Mfg
Manufacturer and supplier of major auto components
Unfunded 129 1986
49 FocusRS.org
Online community and forum focused on discussion, sharing of knowledge, and problem-solving among owners and enthusiasts of car model
Unfunded 1 2013
50 General Auto Parts
Distributor of automotive parts
Unfunded 1997

Top 12 Auto companies in Toronto

#1
dynaCERT Public
$31.7M Raised
expand_more
location_onToronto, Ontario
Founded
2001
Employees
30
Funding raised
$31.7M
Stage
Public

Firm specialised in delivering carbon emission reduction technologies to global marketplace

Funding rounds (14 disclosed of 14)
Round Date Amount
Post IPO Jun 2025 $3.6M
Post IPO Feb 2025 $3.5M
Post IPO Oct 2024 $733K
Post IPO Jul 2024 $794.3K
Post IPO May 2024 $1.8M
Post IPO Feb 2024 $1.5M
8 earlier rounds — sign up free
Tech stack
hstscloudflarehttp/3
#2
Clutch Series D
$126.8M Raised
expand_more
location_onToronto, Ontario
Founded
2016
Employees
203
Funding raised
$126.8M
Stage
Series D

Online-first dealer of used cars. It buys cars from private owners, reconditions, and sells online after verification and testing. It also allows individuals to list cars for sale or to browse and purchase cars from other sellers. It also offer guranatee and return program.

Funding rounds (8 disclosed of 8)
Round Date Amount
Series D Jan 2025 $40.4M
Series B Jun 2024 $9.6M
Series B Jul 2023 $12.2M
Conventional Debt May 2022 $150M
Series B Nov 2021 $80M
Series A Mar 2021 $20M
2 earlier rounds — sign up free
Tech stack
amazon cloudfrontamazon s3amazon sesamazon web servicesapple icloud mailcloudflare+14
#3
Trolley Series B
$24.7M Raised
expand_more
location_onToronto, Ontario
Founded
2015
Employees
105
Funding raised
$24.7M
Stage
Series B

Manufacturer of trolleys and trams

Funding rounds (8 disclosed of 8)
Round Date Amount
Series B Oct 2024 $23M
Series A Sep 2023 $1.1M
Series A Jul 2023 $200K
Series A Jul 2023 $1M
Series A Feb 2023 $1.5M
Series A Aug 2022 $4M
2 earlier rounds — sign up free
Founders & key people
Tech stack
amazon cloudfrontamazon s3amazon web servicesapple icloud mailbootstrapcart functionality+14
#4
$28M Raised
expand_more
location_onToronto, Ontario
Founded
2021
Employees
39
Funding raised
$28M
Stage
Series A

Provider of auto financing solutions for buying electric vehicles. The platform enables users to take financing for buying electric vehicles and claims to achieve the climate goals.

Funding rounds (3 disclosed of 4)
Round Date Amount
Series A Nov 2023 $10M
Conventional Debt Nov 2022 $25M
Seed Jul 2022 $18M
Seed 2021 Undisclosed
Tech stack
amazon cloudfrontamazon sesamazon web servicesapple icloud mailcalendlycloudflare+10
#5
Fiix Acquired
$1.9M Raised
expand_more
location_onToronto, Ontario
Founded
2016
Employees
3
Funding raised
$1.9M
Stage
Acquired

Fiix is an online on-demand automotive repair service based out of Toronto, Canada. It offers various services such as Tire Changes and Rotations, Spark Plugs and Ignition Coil Replacements, Oil Changes, Front and Rear Brake Pad, Rotor, Drum, and Shoe Replacements, and others. Currently it is operational in Toronto, Scarborough, North York, Markham, Richmond Hill, Ajax, Pickering, Mississauga, Brampton, Oakville, Tho

Funding rounds (3 disclosed of 3)
Round Date Amount
Seed Sep 2017 $1.8M
Grant (prize money) 2016 $20K
Seed $50K
#6
$500K Raised
expand_more
location_onToronto, Ontario
Founded
2018
Employees
4
Funding raised
$500K
Stage
Seed

Developer of an online platform designed to offer a fleet of electric vehicles on a rental basis. The company's platform offers a transportation rental service where customers can avail of electric vehicles on an hourly rental basis as and when required, enabling customers to enjoy driving their electric vehicles in a hassle-free manner.

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed May 2021 $500K
Tech stack
addtoanyapple icloud mailautoptimizebootstrapcalendlycdnjs+14
#7
TDot Performance Late Stage
$1M Raised
expand_more
location_onToronto, Ontario
Founded
2008
Employees
18
Funding raised
$1M
Stage
Late Stage

TDot Performance is a Toronto-based online seller of performance auto parts and accessories. The platform has various products like air intake systems, batteries, engine components, ignition systems, cooling systems, etc. It claims to have 250 brands in stock and carries the product lines for leading brands, such as Superchips, Flowmaster, Bully Dog, Magnaflow, Corsa, Airaid, Borla, BAK Industries, K&N, and others. U

Funding rounds (1 disclosed of 1)
Round Date Amount
PE Dec 2015 $1M
Tech stack
amazon s3amazon web servicesattentivebabelblueshiftcart functionality+14
#8
Multimatic Funding Raised
$1.2K Raised
expand_more
location_onToronto, Ontario
Founded
1984
Employees
939
Funding raised
$1.2K
Stage
Funding Raised

Multimatic is a manufacturer and supplier of structure and suspension components. Manufactures body hardware, suspension systems, and body structures, design and development of lightweight composite automotive systems, door, hood, trunk, liftgate/decklid and sliding hinge systems for automotives.

Funding rounds (1 disclosed of 2)
Round Date Amount
Grant (prize money) May 2017 $1.2K
Grant (prize money) 2015 Undisclosed
Founders & key people
Investors
Tech stack
google analyticsgoogle tag managerherokuhstshttp/3linkedin ads+13
#9
27 Employees
expand_more
location_onToronto, Ontario
Founded
2020
Employees
27
Stage
Seed

Developer of sports electric vehicle designed to provide lightweight sportscars. The company's services include taking race-car technology that is normally exclusive to hyper-cars due to the high price and democratizing it to mass market vehicles, enabling customers to have access to carbon fiber automobiles at affordable prices.

Funding rounds
Round Date Amount
Seed Sep 2022 Undisclosed
#10
BRIDGE Seed
expand_more
location_onToronto, Ontario
Founded
2020
Stage
Seed

Manufacturer and design of bicycles

Funding rounds
Round Date Amount
Angel Mar 2022 Undisclosed
Tech stack
aosapple paycart functionalitycdnjscloudflarecore-js+14
#11
Mevotech Funding Raised
650 Employees
expand_more
location_onToronto, Ontario
Founded
1982
Employees
650
Stage
Funding Raised

Mevotech is a manufacturer and supplier of major auto components to aftermarket. Manufactures bearings, bootkits, hub assemblies, idler arm, outer tie rod, inner tie rod, center link, bellows, bushings, strut mounts, control arms, stabilizer links, and ball joint for the automotive industry. Clientele includes Chevy, Dodge, and Fiat.

Funding rounds
Round Date Amount
Unattributed Apr 2014 Undisclosed
Investors
Tech stack
animate.cssapple icloud mailbootstrapcloudflarecloudflare bot managementcore-js+14
#12
Dynaplas Late Stage
175 Employees
expand_more
location_onToronto, Ontario
Founded
1985
Employees
175
Stage
Late Stage

Dynaplas is a manufacturer and supplier of major auto components to tier 1. Manufactures safety restraint systems, drivetrain, thermal systems, powertrain, cognitive restraint safety, electrical, fuel systems, braking actuation and ABS, over-molding and assemblies, automated braking and safety, and camera assembly components. Clientele includes Bosch, Continental, Magna, Federal-Mogul, and TI Automotive.

Funding rounds
Round Date Amount
PE 2003 Undisclosed
Tech stack
wordpressmysqlphpwp enginecloudflarehttp/3

Recent signals in Toronto Auto

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Funding & investor landscape

Total raised
$214.5M
across these companies
Companies funded
8
with disclosed funding
Highest-funded
$126.8M raised

Most active investors

Global Founders Capital Global Founders Capital 2 investments in Auto Alchemist Accelerator Alchemist Accelerator 1 investment in Auto Altair Capital Altair Capital 1 investment in Auto Altos Ventures Management Altos Ventures Management 1 investment in Auto Ascolta Ventures Ascolta Ventures 1 investment in Auto Assurant Assurant 1 investment in Auto Azure Capital Partners Azure Capital Partners 1 investment in Auto BrandProject BrandProject 1 investment in Auto Breyer Capital Breyer Capital 1 investment in Auto Breyerlabs Breyerlabs 1 investment in Auto Burst Capital Burst Capital 1 investment in Auto CAI Capital Partners CAI Capital Partners 1 investment in Auto

Notable founders in Toronto Auto

Jim Payne Jim Payne CEO & Chairman of Board, dynaCERT Inc. dynaCERT · $31.7M raised
SS Stephen Seibel Co-Founder & COO Clutch · $126.8M raised
DP Dan Park CEO Clutch · $126.8M raised
Tim Nixon Tim Nixon Founder & CEO Trolley · $24.7M raised
AW Andreas Wallendahl Co-Founder & CEO Tenet Computer Group · $28M raised
Alexander Liegl Alexander Liegl Co-Founder Tenet Computer Group · $28M raised
PC Peter Czapka CEO Multimatic · $1.2K raised
SH Sean Hazaray CEO & Co-Founder Haze Automotive
FG Frank Gairdner Co-Founder BRIDGE
EM Ezer Mevorach CEO & President Mevotech

Frequently asked questions

How many Auto companies are there in Toronto, Canada?
Radar tracks 85 indexable Auto companies headquartered in Toronto, Canada that meet our profile-completeness bar.
What is the total funding raised by Auto companies in Toronto, Canada?
The Auto companies in Toronto, Canada on this list have raised a combined $214.5M in disclosed equity funding across 8 funded companies.
Which is the highest-funded Auto company in Toronto, Canada?
Clutch is the highest-funded Auto company in Toronto, Canada, with $126.8M in disclosed equity funding.
How many Auto companies in Toronto, Canada are funded?
8 of the 85 Auto companies in Toronto, Canada on this list have disclosed at least one equity funding round.
How many Auto unicorns are there in Toronto, Canada?
None of the Auto companies in Toronto, Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Toronto, Canada Auto companies?
The most active investors in Toronto, Canada Auto companies on this list include Global Founders Capital, Alchemist Accelerator, Altair Capital, Altos Ventures Management, Ascolta Ventures.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-22.

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