Radar · Auto in Toronto
Best Auto Companies in Toronto, Canada
The 85 best Auto companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Clutch.
By Rohit KhannaTrends & Stories
85companies tracked
$214.5Mdisclosed funding
0unicorns
12have raised
FLIAR INTELLIGENCE · AUTO × TORONTO
Our analysis of 50 Auto companies
$2.4b in tracked funding; 78% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
50companies analysed
78%cloud-native stacks
2021funding peak (by rounds)
2011median founding year
37median Fliar Index™
283kcombined LinkedIn audience
56%of audience held by top 3
1companies hiring publicly (12 mo)
Ranked: Best Auto companies in Toronto
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Clutch Online-first dealer of used cars 74Funding top 18%Growth top 28%Moat top 31%Tech top 34% All 7 signals ▾Fundingtop 18% Growthtop 28% Moattop 31% Techtop 34% Talenttop 38% Markettop 43% Globalbottom 38% Funding: Raised $127M across 8 rounds · 8 rounds over 6 yrs (1.3/yr) Growth: Web rank 500,000 → 100,000 YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 74/100 | $127M | 17 mo ago | Series D | Stephen Seibel Co-Founder & COO | 2016 | Apple iCloud MailGoogle WorkspaceFacebook Login+36 | — | 1 expansion · 1 award |
| 2 | dynaCERT Firm specialised in delivering carbon emission reduction technologies to global marketplace 55Partners top 18%Growth top 30%Funding top 32%News top 33% All 12 signals ▾Partnerstop 18% Growthtop 30% Fundingtop 32% Newstop 33% Moattop 34% Talenttop 39% Patentstop 41% Producttop 42% Innovationbottom 48% Globalbottom 48% Marketbottom 41% Techbottom 30% Partners: 5 contract events in 12 mo · Named contractor/client in 5 deals Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 55/100 | $32M | 11 mo ago | Public | Jim Payne CEO & Chairman of Board | 2001 | — | 65 patents On-demand electrolytic H₂/O₂ generation for combustion engines and greenhouse‑gas emissions tracking | — |
| 3 | Tenet Computer Group Provider of auto financing solutions for buying electric vehicles 35Tech top 35%Talent top 38%Funding top 42%Fin. health bottom 49% All 7 signals ▾Techtop 35% Talenttop 38% Fundingtop 42% Fin. healthbottom 49% Globalbottom 45% Marketbottom 37% Growthbottom 25% Tech: 33 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 35/100 | $28M | 31 mo ago | Series A | Andreas Wallendahl Co-Founder & CEO | 2021 | ContentfulSentryApple iCloud Mail+25 | — | — |
| 4 | Trolley Manufacturer of trolleys and trams 60Tech top 24%Product top 30%Innovation top 39%Funding top 39% All 11 signals ▾Techtop 24% Producttop 30% Innovationtop 39% Fundingtop 39% AItop 45% Talentbottom 49% Growthbottom 47% Marketbottom 44% Moatbottom 38% Globalbottom 37% Newsbottom 34% Tech: 59 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Product: 12 distinct product lines · Company stage: Series B rank vs industry peers · Fliar Intelligence Index 60/100 | $25M | 20 mo ago | Series B | Tim Nixon Founder & CEO | 2015 | WordPressCart FunctionalityApple iCloud Mail+41 | — | — |
| 5 | Fiix Online on-demand automotive repair service 11Product top 37%Innovation top 38%Patents top 42%Moat bottom 49% All 8 signals ▾Producttop 37% Innovationtop 38% Patentstop 42% Moatbottom 49% Fundingbottom 46% Globalbottom 36% Newsbottom 32% Marketbottom 8% Product: 0 product launch events in 12 mo · 8 distinct product lines Innovation: 11 patents (top 62% of patent-holders) · 10 filings since 2022 vs 1 in 2017-21 rank vs industry peers · Fliar Intelligence Index 11/100 | $2M | 105 mo ago | Acquired | — | 2016 | — | 11 patents AI-driven predictive maintenance and inventory optimization for industrial equipment | — |
| 6 | TDot Performance Toronto-based online seller of performance auto parts 37Product top 22%Tech top 26%Innovation top 39%Growth top 45% All 7 signals ▾Producttop 22% Techtop 26% Innovationtop 39% Growthtop 45% Fundingbottom 31% Marketbottom 30% Globalbottom 25% Product: 7 distinct product lines · Company stage: PE Tech: 55 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 37/100 | $1M | 126 mo ago | Late Stage | — | 2008 | Cart FunctionalityMagentoKlevu+41 | — | — |
| 7 | Electric Vehicle Network Provider of car rental services 22Growth top 30%Tech top 44%Global bottom 33%Funding bottom 27% All 5 signals ▾Growthtop 30% Techtop 44% Globalbottom 33% Fundingbottom 27% Marketbottom 10% Growth: Web rank 50,000,000 → 10,000,000 YoY Tech: 41 technologies across 3/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 22/100 | $500K | 61 mo ago | Seed | — | 2018 | WordPressApple iCloud MailMicrosoft 365+38 | — | 1 launch |
| 8 | Multimatic Manufacturer and supplier of structure and suspension components 35Tech top 40%Market top 46%Moat bottom 49%Talent bottom 49% All 10 signals ▾Techtop 40% Markettop 46% Moatbottom 49% Talentbottom 49% Growthbottom 46% Patentsbottom 45% Globalbottom 44% Innovationbottom 39% Productbottom 36% Fundingbottom 19% Tech: 19 technologies across 5/8 capability areas · Cloud: Heroku Market: 939 employees (top 18% of Auto) · Top-5,000,000 web property rank vs industry peers · Fliar Intelligence Index 35/100 | $1K | 109 mo ago | Funding Raised | Peter Czapka CEO | 1984 | TurbopackNode.jsSalesforce+14 | 590 patents Automotive body structures and cargo access mechanisms for trucks and passenger vehicles | 1 launch · 1 partnership · 1 award |
Top 11 Auto companies in Toronto
#1
Public · Toronto, Ontario · founded 2001 · 30 employees$31.7Mraised▾
Public · Toronto, Ontario · founded 2001 · 30 employees
Firm specialised in delivering carbon emission reduction technologies to global marketplace
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Partners
top 18%Growth
top 30%Funding
top 32%News
top 33%Moat
top 34%Talent
top 39%Partners: 5 contract events in 12 mo · Named contractor/client in 5 deals
Growth: Fresh capital in last 24 mo
Funding: Raised $31.7M across 14 rounds · 14 rounds over 9 yrs (1.6/yr) · Last round Post IPO (Jun 2025)
Audience (LinkedIn): 4k LinkedIn followers
Funding rounds
- Jun 2025Post IPO$3.6M
- Feb 2025Post IPO$3.5M
- Oct 2024Post IPO$733K
- Jul 2024Post IPO$794.3K
Founders & team
Investors
KarbonKleen, MOSOLF
Tech stack
HstsCloudflareHttp/3
#2
Series D · Toronto, Ontario · founded 2016 · 203 employees$126.8Mraised▾
Series D · Toronto, Ontario · founded 2016 · 203 employees
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.
Fliar Intelligence Index™ 74how this company ranks against its industry peers
Funding
top 18%Growth
top 28%Moat
top 31%Tech
top 34%Talent
top 38%Market
top 43%Funding: Raised $127M across 8 rounds · 8 rounds over 6 yrs (1.3/yr) · Last round Series D (Jan 2025)
Growth: Web rank 500,000 → 100,000 YoY · Fresh capital in last 24 mo
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 9 curated direct competitors tracked
Audience (LinkedIn): 32k LinkedIn followers — 11.3% of this cohort's audience · 111 engagements/post (1.6× cohort median)
Activity (LinkedIn): 1 awards · 1 expansions announced in 12 mo
Funding rounds
- Jan 2025Series D$40.4M
- Jun 2024Series B$9.6M
- Jul 2023Series B$12.2M
- May 2022Conventional Debt$150M
Founders & team
Investors
Neuberger Berman, Upper90, Canaan, Global Founders Capital, FJ Labs, Real Ventures
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesApple Icloud MailCloudflare
#3
Series B · Toronto, Ontario · founded 2015 · 105 employees$24.7Mraised▾
Series B · Toronto, Ontario · founded 2015 · 105 employees
Manufacturer of trolleys and trams
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Tech
top 24%Product
top 30%Innovation
top 39%Funding
top 39%AI
top 45%Talent
bottom 49%Tech: 59 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Observability: Datadog, Microsoft Clarity
Product: 12 distinct product lines · Company stage: Series B
Innovation: 12 product lines
Funding rounds
- Oct 2024Series B$23M
- Sep 2023Series A$1.1M
- Jul 2023Series A$200K
- Jul 2023Series A$1M
Founders & team
Investors
Wavecrest Growth Partners, Pace Capital, GreenSky, GreenSky Capital, INV Fintech
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesApple Icloud MailBootstrapCart Functionality
#4
Series A · Toronto, Ontario · founded 2021 · 39 employees$28Mraised▾
Series A · Toronto, Ontario · founded 2021 · 39 employees
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.
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Tech
top 35%Talent
top 38%Funding
top 42%Fin. health
bottom 49%Global
bottom 45%Market
bottom 37%Tech: 33 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Observability: Logrocket, Sentry
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $28.0M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) · Last round Series A (Nov 2023)
Funding rounds
- Nov 2023Series A$10M
- Nov 2022Conventional Debt$25M
- Jul 2022Seed$18M
- 2021Seed—
Founders & team
Investors
Humancapitalonline, Giant Ventures, Breyer Capital, Global Founders Capital, Firstminute Capital, Climate Capital
Tech stack
Amazon CloudfrontAmazon SesAmazon Web ServicesApple Icloud MailCalendlyCloudflare
#5
Acquired · Toronto, Ontario · founded 2016 · 3 employees$1.9Mraised▾
Acquired · Toronto, Ontario · founded 2016 · 3 employees
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, Thornhill, Vaughan, Newmarket, Aurora, and Etobicoke!
Fliar Intelligence Index™ 11how this company ranks against its industry peers
Product
top 37%Innovation
top 38%Patents
top 42%Moat
bottom 49%Funding
bottom 46%Global
bottom 36%Product: 0 product launch events in 12 mo · 8 distinct product lines · Company stage: Acquired
Innovation: 11 patents (top 62% of patent-holders) · 10 filings since 2022 vs 1 in 2017-21 · 8 product lines
Patents: 11 patents matched (strict assignee match) · 10 filings since 2022 vs 1 in 2017-21 · Latest publication 2025
Funding rounds
- Sep 2017Seed$1.8M
- 2016Grant (prize money)$20K
- Seed$50K
Investors
Ramen Ventures, Javelin Venture Partners, Y Combinator, Altair Capital, Garage Capital, Quintus Capital
#6
Seed · Toronto, Ontario · founded 2018 · 4 employees$500Kraised▾
Seed · Toronto, Ontario · founded 2018 · 4 employees
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.
Fliar Intelligence Index™ 22how this company ranks against its industry peers
Growth
top 30%Tech
top 44%Global
bottom 33%Funding
bottom 27%Market
bottom 10%Growth: Web rank 50,000,000 → 10,000,000 YoY
Tech: 41 technologies across 3/8 capability areas · Cloud: Cloudflare · Security: Cloudflare Bot Management, Http/3
Global: Single-market focus (Canada)
Audience (LinkedIn): 314 LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- May 2021Seed$500K
Investors
EV Angels
Tech stack
AddtoanyApple Icloud MailAutoptimizeBootstrapCalendlyCdnjs
#7
Late Stage · Toronto, Ontario · founded 2008 · 18 employees$1Mraised▾
Late Stage · Toronto, Ontario · founded 2008 · 18 employees
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. Users get the benefits of not having to pay any customs duties or brokerage fees, as is the case when ordering from the US.
Fliar Intelligence Index™ 37how this company ranks against its industry peers
Product
top 22%Tech
top 26%Innovation
top 39%Growth
top 45%Funding
bottom 31%Market
bottom 30%Product: 7 distinct product lines · Company stage: PE
Tech: 55 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Devops: Nginx
Innovation: 7 product lines
Funding rounds
- Dec 2015PE$1M
Tech stack
Amazon S3Amazon Web ServicesAttentiveBabelBlueshiftCart Functionality
#8
Funding Raised · Toronto, Ontario · founded 1984 · 939 employees$1.2Kraised▾
Funding Raised · Toronto, Ontario · founded 1984 · 939 employees
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.
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Tech
top 40%Market
top 46%Moat
bottom 49%Talent
bottom 49%Growth
bottom 46%Patents
bottom 45%Tech: 19 technologies across 5/8 capability areas · Cloud: Heroku · Devops: Nginx
Market: 939 employees (top 18% of Auto) · Top-5,000,000 web property
Moat: Editorial + unicorn rating 1/10 · IP moat: 7 patents
Audience (LinkedIn): 64k LinkedIn followers — 22.7% of this cohort's audience
Activity (LinkedIn): 1 product launches · 1 partnerships · 1 awards (incl. Verstappen.com Racing) announced in 12 mo
Funding rounds
- May 2017Grant (prize money)$1.2K
- 2015Grant (prize money)—
Founders & team
Investors
Europa
Tech stack
Google AnalyticsGoogle Tag ManagerHerokuHstsHttp/3Linkedin Ads
#9
Seed · Toronto, Ontario · founded 2020 · 27 employees—raised▾
Seed · Toronto, Ontario · founded 2020 · 27 employees
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.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Talent
top 35%Global
bottom 48%Funding
bottom 46%Talent: 3 named leaders on record
Global: Investors from 1 country beyond Canada
Funding: 1 rounds over 4 yrs (0.2/yr) · Last round Seed (Sep 2022) · Backed by 1 investors; strongest: Alchemist Accelerator
Funding rounds
- Sep 2022Seed—
Founders & team
Investors
Alchemist Accelerator
#10
Seed · Toronto, Ontario · founded 2020—raised▾
Seed · Toronto, Ontario · founded 2020
Manufacturer and design of bicycles
Fliar Intelligence Index™ 35how this company ranks against its industry peers
Innovation
top 29%Patents
top 32%Talent
top 38%Moat
top 45%Tech
bottom 47%Global
bottom 36%Innovation: 35 patents (top 44% of patent-holders) · 26 filings since 2022 vs 9 in 2017-21
Patents: 35 patents matched (strict assignee match) · 26 filings since 2022 vs 9 in 2017-21 · Latest publication 2025
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding rounds
- Mar 2022Angel—
Founders & team
Investors
OvareVentures
Tech stack
AosApple PayCart FunctionalityCdnjsCloudflareCore-Js
#11
Funding Raised · Toronto, Ontario · founded 1982 · 650 employees—raised▾
Funding Raised · Toronto, Ontario · founded 1982 · 650 employees
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.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 51k LinkedIn followers — 17.8% of this cohort's audience
Activity: 1 product launches · 3 awards announced in 12 mo
Funding rounds
- Apr 2014Unattributed—
Founders & team
Investors
Penfund
Tech stack
Animate.CssApple Icloud MailBootstrapCloudflareCloudflare Bot ManagementCore-Js
Funding & investor landscape
$214.5Mtotal disclosed funding
8companies funded
39disclosed rounds
0rounds last 90 days
Most active investors
Notable founders
Jim Payne
CEO & Chairman of Board · dynaCERT
Stephen Seibel
Co-Founder & COO · Clutch
Dan Park
CEO · Clutch
Tim Nixon
Founder & CEO · Trolley
Andreas Wallendahl
Co-Founder & CEO · Tenet Computer Group
Alexander Liegl
Co-Founder · Tenet Computer Group
Peter Czapka
CEO · Multimatic
Shivam Arora
Company Owner · Haze Automotive
Henry Lo
Co-Founder · Haze Automotive
Frank Gairdner
Co-Founder · BRIDGE
Michael Yakubowicz
Co-Founder · BRIDGE
Ezer Mevorach
CEO & President · Mevotech
Prism market signals · Canada · country-scoped Prism corpus, 8,317,024 docs
Market landscape — 10 sub-themes by coverage
Share of Auto coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH IN TORONTO · Mobility
How research on Autonomous Vehicles in Toronto is moving
A read on the academic research around Autonomous Vehicles in Toronto — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 65 papers.
65 papers · stance +0.45 · 38% breakthrough · 21% concern
top institutions
- University of Toronto39
- Toronto Metropolitan University26
leading researchers
Said M. Easa · Maksym Diachuk · Jelena Mišić · Vojislav B. Mišić · Xiaolin Chang · Hrag-Harout Jebamikyous
prism intelligence · tone & topics
95% positive · 2% critical tone
TransportationArtificial IntelligenceComputer ScienceMachine LearningAutomotiveBusiness
▲
Breakthroughs23 · 35%
▼ 100%→32% share
▼0.3× share momentum5 median citations78% since 2021mostly methods-led
Breakthroughs are cooling (100%→32% of field), led by Computer security.
rising sub-themes (early→recent)
- Computer security4
- Computer network3
- Convolutional neural network2
- Focus (optics)2
- Information privacy2
Newly emergingComputer security 0→4 · Computer network 0→3
Landmark Monocular 3D Object Detection for Autonomous Driving · 1,068 cites
◆
Advancements25 · 38%
▲ 0%→43% share
1 median citations92% since 2021mostly methods-led
Advancements are rising (0%→43% of field), led by Trajectory.
rising sub-themes (early→recent)
- Trajectory4
- Geometric design4
- Reinforcement learning4
- Kinematics4
- Human–computer interaction3
Newly emergingTrajectory 0→4 · Geometric design 0→4 · Reinforcement learning 0→4
Landmark A Review and Comparative Study on Probabilistic Object Detection in Autonomous Driving · 294 cites
▼
Concerns13 · 20%
▲ 0%→21% share
39 median citations85% since 2021mostly empirical
Concerns are rising (0%→21% of field), led by Transport engineering.
rising sub-themes (early→recent)
- Transport engineering3
- Object detection2
- Circular economy2
- Sustainability2
- State (computer science)2
Landmark Deep Learning for LiDAR Point Clouds in Autonomous Driving: A Review · 555 cites
Common 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.
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.