Business Services · Canada, India

Best Business Services Companies in Canada

Updated 2026-06-16 · Ranked by funding & momentum

7714 indexable Business Services companies headquartered in Canada, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $8.4B across 204 funded companies, including 1 unicorn.

7,714
Companies
$8.4B
Total Funding
204
Funded
1
Unicorns
4
Rounds (90d)

Ranked: Best Business Services companies in Canada

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 SherWeb
Provider of IT services suite
$90.9M Series C Series C Mar 2026 996 1998 ↑ Active
2 Beacon
Provider of software acquisition and operational support for business growth
$250M Series B Series B Nov 2025 2024 ↑ Active
3 Taalas
Provider of AI model development services
$50M Series D Series D Feb 2026 2023 ↑ Active
4 Quadshift
Acquirer and builder of vertical market software for B2B companies
$23M Series B Series B Apr 2026 2017 ↑ Active
5 Urbacon Data Centre Solutions
Data Center design, construction, operation and maintenance services
$231.4M Funding Raised Conventional Debt Aug 2025 2016 ↑ Active
6 Optimus SBR
Provider of business strategy, technology, finance, and other consulting services
$81.8M Late Stage PE Nov 2025 262 2010 ↑ Active
7 Apera
Provider of AI based robotic vision
$9.1M Series A Series A Apr 2026 34 2020 ↑ Active
8 Spartan Delta
Provider of asset management services
$336.3M Public Post IPO Jan 2025 101 2005 ↑ Active
9 Volatus Aerospace
Provider of drone, aerial inspection and imaging services
$21.4M Public Post IPO Nov 2025 52 2020 ↑ Active
10 Teranet
Data for land information, financial institution and legal institutions.
$353.7M Acquired Conventional Debt Mar 2025 1,000 1991 ↑ Active
11 RaySecur
Manufacturer of mail security systems using millimeter-wave 3D imaging
$23.2M Series A Series A Nov 2025 49 2015 ↑ Active
12 Railtown
Provider of application development services
$7.5M Public Post IPO Feb 2026 9 2019 ↑ Active
13 Coastalcounties
Provider of workforce development and training services to industry sectors
$10.5M Funding Raised Grant (prize money) Dec 2025 2002 ↑ Active
14 Sekur Private Data
Provider of cybersecurity, data management, and IT solution services
$5.5M Public Post IPO Jan 2026 2012 ↑ Active
15 Vertical City
Provider of advertising and screen & software services
$1.4M Seed Conventional Debt May 2026 36 2011 ↑ Active
16 Belgravia Hartford
Provider of legal services
$24.4M Public Post IPO Jun 2025 9 2002 ↑ Active
17 INEO
Digital OOH advertising system for retail stores
$3.8M Public Post IPO Dec 2025 27 2016 ↑ Active
18 Polyaglorithm Machine Learning
Online platform for equipment monitoring and analytics
$1.5M Seed Seed Jan 2026 2018 ↑ Active
19 Diversified Royalty Corp
Provider of financial services
$239.8M Public Post IPO Feb 2024 39 1991
20 Alithya
IT consulting and management services
$17.1M Public Post IPO Dec 2024 3,600 1992 ↑ Active
21 Capturely
Provider of virtual and in-person professional headshot photography services
$250K Seed Seed Feb 2026 15 2010 ↑ Active
22 HiringBranch
Provider of skills assessment platform for hiring and training talent
$2.5M Series A Conventional Debt Apr 2025 2014 ↑ Active
23 StorageVault Canada
Provides building and acquiring storage businesses services
$330.5M Public Convertible Debt Jan 2023 800 2007
24 Levio
Provider of cyber-security services
$92.9M Series C Series C Feb 2024 3 2013
25 Waverly
AI-powered social platform for like-minded individuals
$616M Series C Conventional Debt Jan 2022 2018
26 eSentire Unicorn
Provider of managed IT security services
$412.1M $1B
as of 2022
Acquired Series E Feb 2022 700 2001
27 Corus Entertainment
Media and Content company
$1.8B Public Conventional Debt Jun 2019 3,336 1999
28 Converge
Software development service provider
$475.3M Acquired Post IPO Aug 2021 12 2017
29 MONDATA
Provider of cyber security suite services
$17M Series B Series B Jun 2024 1 2018
30 Q9 Networks
Provider of data center, cloud backup and disaster recovery services
$733.8M Acquired Conventional Debt Nov 2010 201 1995
31 Viral Nation
Offering marketing technology suite solutions
$198.2M Series D Series D Apr 2022 437 2014
32 Simply Better Brands
Provider of branding services
$14.4M Public Post IPO Apr 2024 16 2017
33 Shoplazza
Marketing services provider
$199M Series C Series C Jan 2022 300 2017
34 People Corporation
Provider of group benefits, retirement and human resource services
$262M Acquired Post IPO Apr 2020 1,500 2007
35 Cinareo
SaaS based workforce management software for contact centers
$1M Seed Seed Jan 2025 2022 ↑ Active
36 OSF Digital
Provider of global commerce and digital cloud transformation services
$143M $400M
as of 2024
Series C Series C Apr 2022 2,047 2003
37 XTM
Provider of earned wage access platform for service-focused businesses
$20.5M Public Post IPO Dec 2023 2006
38 ARHT
Provider of holographic solution for events and conferences
$22.3M Deadpooled Post IPO Aug 2023 39 2014
39 scale ai
Provider of AI-enabled supply chain management services
$21M Series B Series B Oct 2023 2017
40 Siyata
Home - Siyata Mobile
$39M Public Post IPO Oct 2022 2010
41 SX Network
Provider of block chain development services
$9.5M Series B Series B Mar 2024 2018
42 TransCanna
Provider of cannabis focused advertising ,marketing, and products distribution services
$33.9M Public Post IPO Aug 2022 2017
43 Zedcor
Provider of intelligent security solutions for industrial and commercial surveillance needs
$3.7M Series A Series A May 2024 2005
44 Startupcan
Provider of entrepreneurial support programs and resources
$100K Funding Raised Grant (prize money) May 2025 2016 ↑ Active
45 Mission Ready Solutions
Manufactures defence and tactical solutions to prevent injuries of military personnels
$12.6M Public Post IPO Jan 2023 2002
46 Radialpoint
Sales and technical support services to ISVs and service providers.
$140.8M Acquired Series D Sep 2008 80 1997
47 HS GovTech
Provider of SaaS applications for government and environmental health data management solutions
$9.6M Acquired Post IPO Mar 2023 65 1998
48 Shakudo
Provider of AI, software development, and data science services
$11.1M Series A Jul 2023 26 2021
49 NexOptic
Canada based optical products manufacturer
$13.7M Public Post IPO Oct 2022 14 2007
50 MSP Corp
Provider of management consulting and business management services
$27.7M Acquired Series B Sep 2021 400 2020

Top 12 Business Services companies in Canada

#1
SherWeb Series C
$90.9M Raised
expand_more
#1

SherWeb Series C

location_onSherbrooke, Quebec
Founded
1998
Employees
996
Funding raised
$90.9M
Stage
Series C

Provider of IT services suite

Funding rounds (1 disclosed of 1)
Round Date Amount
Series C Mar 2026 $90.9M
Tech stack
azureazure edge networkazure front doorbootstrapcdnjscloudflare+14
#2
Beacon Series B
$250M Raised
expand_more
#2

Beacon Series B

location_onToronto, Ontario
Founded
2024
Funding raised
$250M
Stage
Series B

Provider of software acquisition and operational support for business growth. It acquires software businesses, promising to protect their legacy and deepen customer relationships. The company offers hands-on operational assistance and proven strategies across various departments. It provides back-office support, allowing teams to focus on customer service and product development. The company pairs businesses with exp

Funding rounds (1 disclosed of 2)
Round Date Amount
Series B Nov 2025 $250M
Seed 2024 Undisclosed
Tech stack
framer sitesgoogle analyticshstshttp/3open graphpriority hints+2
#3
Taalas Series D
$50M Raised
expand_more
#3

Taalas Series D

location_onToronto, Ontario
Founded
2023
Funding raised
$50M
Stage
Series D

Taalas is a company focused on creating a platform that enables the quick transformation of any deep learning model into custom silicon. They also provide engineering and technical services in areas such as Accident Reconstruction, Biomechanics, and Design Analysis.

Funding rounds (2 disclosed of 2)
Round Date Amount
Series D Feb 2026 $169M
Series C Mar 2024 $50M
Tech stack
apple icloud mailcdnjscloudflaregodaddygoogle hosted librariesgoogle workspace+10
#4
Quadshift Series B
$23M Raised
expand_more
#4

Quadshift Series B

location_onToronto, Ontario
Founded
2017
Funding raised
$23M
Stage
Series B

Acquirer and builder of vertical market software for B2B companies. The organization provides resources including marketing, sales, finance, and IT management. It offers brand guides with logos, fonts, and colors. The entity aims to increase online lead conversion through website rebuilds and improved online presence. It also offers customer data mining and direct marketing tools.

Funding rounds (1 disclosed of 2)
Round Date Amount
Series B Apr 2026 Undisclosed
Series B Feb 2025 $23M
#5
$231.4M Raised
expand_more
#5

Urbacon Data Centre Solutions Funding Raised

location_onToronto, Ontario
Founded
2016
Funding raised
$231.4M
Stage
Funding Raised

Urbacon provides data center design, construction, operation, and maintenance services. It provides colocation services with data centers in Montreal, Richmond Hill, Sault STE.MARIE, and Toronto. It designed over 2.5 million square feet of data center space and built over 2 million square feet of data center space. It operates in Canada and has over 27 years of data center experience.

Funding rounds (1 disclosed of 1)
Round Date Amount
Conventional Debt Aug 2025 $231.4M
Tech stack
wordpressmysqlphpcontact form 7yoast seolitespeed+7
#6
Optimus SBR Late Stage
$81.8M Raised
expand_more
#6

Optimus SBR Late Stage

location_onToronto, Ontario
Founded
2010
Employees
262
Funding raised
$81.8M
Stage
Late Stage

Provider of business strategy, technology, finance, and other consulting services

Funding rounds (1 disclosed of 1)
Round Date Amount
PE Nov 2025 $81.8M
Founders & key people
Tech stack
addtoanyaddtoany share buttonsanimate.cssapache http serverbootstrapcdnjs+14
#7
Apera Series A
$9.1M Raised
expand_more
#7

Apera Series A

location_onVancouver, British Columbia
Founded
2020
Employees
34
Funding raised
$9.1M
Stage
Series A

Provider of AI based robotic vision

Funding rounds (1 disclosed of 2)
Round Date Amount
Series A Apr 2026 Undisclosed
Series A Mar 2025 $9.1M
Tech stack
apple icloud mailcalendlycloudflarecloudflare bot managementcore-jselementor+14
#8
Spartan Delta Public
$336.3M Raised
expand_more
#8

Spartan Delta Public

location_onCalgary, Alberta
Founded
2005
Employees
101
Funding raised
$336.3M
Stage
Public

Provider of asset management services

Funding rounds (7 disclosed of 7)
Round Date Amount
Post IPO Jan 2025 $59M
Post IPO Feb 2021 $120.6M
Post IPO Apr 2020 $64M
Post IPO Dec 2019 $25M
Post IPO Dec 2017 $5M
Post IPO Feb 2017 $5.3M
1 earlier round — sign up free
Founders & key people
Tech stack
angularcart functionalitycloudflarecloudflare bot managementcore-jsdocusign+14
#9
$21.4M Raised
expand_more
#9

Volatus Aerospace Public

location_onCoquitlam, British Columbia
Founded
2020
Employees
52
Funding raised
$21.4M
Stage
Public

Provider of drone, aerial inspection and imaging services

Funding rounds (7 disclosed of 8)
Round Date Amount
Post IPO Nov 2025 $1M
Post IPO Jul 2025 $7.3M
Post IPO Jun 2025 $3.7M
Post IPO Apr 2025 $2M
Grant (prize money) Nov 2024 $53.2K
Post IPO Oct 2024 $5.4M
2 earlier rounds — sign up free
Founders & key people
Tech stack
amazon sesamazon web servicesapple icloud mailcloudflarecore-jselementor+14
#10
Teranet Acquired
$353.7M Raised
expand_more
#10

Teranet Acquired

location_onToronto, Ontario
Founded
1991
Employees
1,000
Funding raised
$353.7M
Stage
Acquired

Teranet is a company that designs, develops and operates land information systems for the legal, real estate and financial services industries. In addition to owning and operating the electronic land registration system for the Province of Ontario, the company has also developed specialized offerings to assist real estate agents, lawyers and financial institutions to manage their decision, document and risk managemen

Funding rounds (1 disclosed of 1)
Round Date Amount
Conventional Debt Mar 2025 $353.7M
Tech stack
anime.jsapple icloud mailcdnjscloudflarecloudflare bot managementdocusign+14
#11
RaySecur Series A
$23.2M Raised
expand_more
#11

RaySecur Series A

location_onQuebec City, Quebec
Founded
2015
Employees
49
Funding raised
$23.2M
Stage
Series A

Manufacturer of mail security systems using millimeter-wave 3D imaging. These systems provide real-time detection of threats within mail and packages, including powders and liquids. The technology offers a dynamic, three-dimensional video display of mail contents, enhancing operator safety and improving threat detection capabilities compared to traditional X-ray scanning. The systems are designed for use across vario

Funding rounds (4 disclosed of 5)
Round Date Amount
Series A Nov 2025 Undisclosed
Series A Jun 2024 $6.5M
Series A Sep 2021 $13M
Seed Dec 2019 $3.7M
Grant (prize money) Oct 2019 $225K
Tech stack
cloudflarecloudflare bot managementcore-jsfacebook pixelgoogle analyticsgoogle tag manager+14
#12
Railtown Public
$7.5M Raised
expand_more
#12

Railtown Public

location_onVancouver, British Columbia
Founded
2019
Employees
9
Funding raised
$7.5M
Stage
Public

Provider of application development services

Funding rounds (5 disclosed of 5)
Round Date Amount
Post IPO Feb 2026 $2.5M
Post IPO Dec 2024 $1.5M
Post IPO Jul 2024 $1.5M
Post IPO Jun 2023 $1.5M
Post IPO Nov 2022 $565K
Tech stack
cloudflarecloudflare bot managementcore-jselementorgoogle analyticsgoogle font api+14

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Funding & investor landscape

Total raised
$8.4B
across these companies
Companies funded
204
with disclosed funding
Highest-funded
$1.8B raised

Most active investors

AO Accelerate Okanagan 31 investments in Business Services E Europa 15 investments in Business Services B BDC 14 investments in Business Services AC Accelerator Centre 13 investments in Business Services T TechAlliance 12 investments in Business Services TD The DMZ 11 investments in Business Services OI Ontario Centre of Innovation 9 investments in Business Services L L-Spark 8 investments in Business Services S Spring 8 investments in Business Services CP Capital croissance PME 7 investments in Business Services RV Relay Ventures 7 investments in Business Services BN BC Acceleration Network 6 investments in Business Services

Notable founders in Canada Business Services

NG Nilam Ganenthiran Founder/CEO Beacon · $250M raised
DG Divyahans G Co-Founder Beacon · $250M raised
LB Lejla Bajic Co-Founder & COO Taalas · $50M raised
DI Drago Ignjatovic Co-Founder & CTO Taalas · $50M raised
LB Ljubisa Bajic Co-Founder & CEO Taalas · $50M raised
JP John Paterson Founder & CEO Quadshift · $23M raised
GT Gary Toste CEO, Quadshift Chemical Compliance Division Quadshift · $23M raised
LC Lorne Cohen CEO Quadshift · $23M raised
MD Mark Dunlop CEO Quadshift · $23M raised
JG Jeff Galad CEO Quadshift · $23M raised
MM Marco Mancini President & CEO Urbacon Data Centre Solutions · $231.4M raised
KG Kevin Gauci Founder & CEO Optimus SBR · $81.8M raised

Frequently asked questions

How many Business Services companies are there in Canada?
Radar tracks 7714 indexable Business Services companies headquartered in Canada, India, that meet our profile-completeness bar.
What is the total funding raised by Business Services companies in Canada?
The Business Services companies in Canada on this list have raised a combined $8.4B in disclosed equity funding across 204 funded companies.
Which is the highest-funded Business Services company in Canada?
Corus Entertainment is the highest-funded Business Services company in Canada, with $1.8B in disclosed equity funding.
How many Business Services companies in Canada are funded?
204 of the 7714 Business Services companies in Canada on this list have disclosed at least one equity funding round.
How many Business Services unicorns are there in Canada?
1 Business Services company in Canada on this list is valued at $1B or more.
Who are the top investors in Canada Business Services companies?
The most active investors in Canada Business Services companies on this list include Accelerate Okanagan, Europa, BDC, Accelerator Centre, TechAlliance.

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 2026-06-16.

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