Business Services · Ontario, India

Best Business Services Companies in Ontario, Canada

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

3196 indexable Business Services companies headquartered in Ontario, Canada, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $5.8B across 100 funded companies, including 1 unicorn.

3,196
Companies
$5.8B
Total Funding
100
Funded
1
Unicorns
1
Rounds (90d)

Ranked: Best Business Services companies in Ontario

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Beacon
Provider of software acquisition and operational support for business growth
$250M Series B Series B Nov 2025 2024 ↑ Active
2 Taalas
Provider of AI model development services
$50M Series D Series D Feb 2026 2023 ↑ Active
3 Quadshift
Acquirer and builder of vertical market software for B2B companies
$23M Series B Series B Apr 2026 2017 ↑ Active
4 Urbacon Data Centre Solutions
Data Center design, construction, operation and maintenance services
$231.4M Funding Raised Conventional Debt Aug 2025 2016 ↑ Active
5 Optimus SBR
Provider of business strategy, technology, finance, and other consulting services
$81.8M Late Stage PE Nov 2025 262 2010 ↑ Active
6 Teranet
Data for land information, financial institution and legal institutions.
$353.7M Acquired Conventional Debt Mar 2025 1,000 1991 ↑ Active
7 Sekur Private Data
Provider of cybersecurity, data management, and IT solution services
$5.5M Public Post IPO Jan 2026 2012 ↑ Active
8 Belgravia Hartford
Provider of legal services
$24.4M Public Post IPO Jun 2025 9 2002 ↑ Active
9 Polyaglorithm Machine Learning
Online platform for equipment monitoring and analytics
$1.5M Seed Seed Jan 2026 2018 ↑ Active
10 StorageVault Canada
Provides building and acquiring storage businesses services
$330.5M Public Convertible Debt Jan 2023 800 2007
11 Levio
Provider of cyber-security services
$92.9M Series C Series C Feb 2024 3 2013
12 eSentire Unicorn
Provider of managed IT security services
$412.1M $1B
as of 2022
Acquired Series E Feb 2022 700 2001
13 Converge
Software development service provider
$475.3M Acquired Post IPO Aug 2021 12 2017
14 Corus Entertainment
Media and Content company
$1.8B Public Conventional Debt Jun 2019 3,336 1999
15 Cinareo
SaaS based workforce management software for contact centers
$1M Seed Seed Jan 2025 2022 ↑ Active
16 Simply Better Brands
Provider of branding services
$14.4M Public Post IPO Apr 2024 16 2017
17 Q9 Networks
Provider of data center, cloud backup and disaster recovery services
$733.8M Acquired Conventional Debt Nov 2010 201 1995
18 Viral Nation
Offering marketing technology suite solutions
$198.2M Series D Series D Apr 2022 437 2014
19 Shoplazza
Marketing services provider
$199M Series C Series C Jan 2022 300 2017
20 XTM
Provider of earned wage access platform for service-focused businesses
$20.5M Public Post IPO Dec 2023 2006
21 ARHT
Provider of holographic solution for events and conferences
$22.3M Deadpooled Post IPO Aug 2023 39 2014
22 SX Network
Provider of block chain development services
$9.5M Series B Series B Mar 2024 2018
23 Ciscom
Provider of document management, process automation, and other services
$325.3K Public Post IPO Nov 2024 25 2020 ↑ Active
24 Shakudo
Provider of AI, software development, and data science services
$11.1M Series A Jul 2023 26 2021
25 MSP Corp
Provider of management consulting and business management services
$27.7M Acquired Series B Sep 2021 400 2020
26 ChainSafe
Provider design services of blockchain technology solutions for the decentralized web
$18.8M Series A Series A Oct 2022 112 2017
27 Graph Blockchain
Blockchain solutions provider
$3M Public Post IPO Jan 2024 7 2017
28 Innovation, Science and Economic Development Canada
Provider of innovation, science and economic development services
$142.7K Early Stage Unattributed Dec 2024 9 1993 ↑ Active
29 RouteThis
Provider of smart home services
$23.5M Series A Series A Feb 2022 82 2012
30 Dexterra
Provider of facility management and forestry services
$108.5M Acquired Series F Oct 2008 8,949 1985
31 Predictiv AI
Provider of AI model development services
$1.1M Public Post IPO Mar 2024 1994
32 SLANG Worldwide
Provider of branded portfolio of cannabis infused products for consumers
$17.6M Public Post IPO Feb 2021 76 2017
33 Cypherpunk Holdings
Bitcoin and privacy tech focused investment firm
$14M Public Post IPO Apr 2021 15 2002
34 Blockchain Foundry
Blockchain-based solutions and services provider
$12.8M Late Stage Post IPO Mar 2021 9 2008
35 HyperComply
Third party risk management software for enterprises
$6.4M Acquired Seed Sep 2022 41 2018
36 Sourced Group
Provider of IT services suite
$17.1M Acquired Series A Oct 2020 230 2010
37 Altus Group
Provider of project management, asset management and IT consulting services
$40M Acquired Conventional Debt 627 2005
38 Calligo
Provider of IT service suite solutions
$22.6M Series B Series B Nov 2016 25 2012
39 Prophecy DeFi
Provider of bloackchain development services for investment firms
$7.9M Public Post IPO Nov 2021 1997
40 Common Fate
Provider of cloud & network security management services
$3.1M Seed Seed Dec 2022 9 2021
41 Brainhunter
Staffing and recruitment agency
$25M Acquired Conventional Debt 52 2010
42 Neroshield
Government focused on transportation and logistic services
$2.5M Series A Series A Oct 2022 2019
43 Xtreme Labs
Provider of networking, security, cloud solutions, and other services
$20M Acquired Series B 2007
44 CFS Consulting
Provider of BMC Control-M digital business automation services and solutions
$446.2K Funding Raised Grant (prize money) Jan 2024 2004
45 Bluefin
Decentralized digital asset trading platform
$6.4M Seed Seed May 2021 42 2020
46 Parallelz
Provider of web applications development services
$3M Seed Seed Jun 2022 11 2021
47 Joyn
Provider of content creation and digital marketing services
$3.5M Seed Seed Apr 2022 9 2021
48 SearchEye
Provider of content marketing and SEO services
$735.7K Seed Seed Aug 2023 11 2018
49 I Love Rewards
Provider of software development services
$13.6M Deadpooled Series B Jun 2009 64 2002
50 Pure Global
Manufacturer of cannabis based healthcare products
$10M Public Post IPO Sep 2018 1992

Top 12 Business Services companies in Ontario

#1
Beacon Series B
$250M Raised
expand_more
#1

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
#2
Taalas Series D
$50M Raised
expand_more
#2

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
#3
Quadshift Series B
$23M Raised
expand_more
#3

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
#4
$231.4M Raised
expand_more
#4

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
#5
Optimus SBR Late Stage
$81.8M Raised
expand_more
#5

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
#6
Teranet Acquired
$353.7M Raised
expand_more
#6

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
#7
$5.5M Raised
expand_more
#7

Sekur Private Data Public

location_onToronto, Ontario
Founded
2012
Funding raised
$5.5M
Stage
Public

Provider of cybersecurity, data management, and IT solution services

Funding rounds (10 disclosed of 10)
Round Date Amount
Post IPO Jan 2026 $1.1M
Post IPO Jun 2025 $1.1M
Post IPO May 2025 $50.2K
Post IPO Apr 2025 $76.1K
Post IPO Mar 2025 $164.7K
Post IPO Nov 2024 $309.5K
4 earlier rounds — sign up free
Founders & key people
#8
$24.4M Raised
expand_more
#8

Belgravia Hartford Public

location_onToronto, Ontario
Founded
2002
Employees
9
Funding raised
$24.4M
Stage
Public

Provider of legal services

Funding rounds (6 disclosed of 6)
Round Date Amount
Post IPO Jun 2025 $7.3M
Post IPO Aug 2024 $321K
Post IPO Jan 2018 $6.7M
Post IPO Jul 2017 $120K
Post IPO Dec 2016 $30.5K
Post IPO Dec 2014 $10M
#9
$1.5M Raised
expand_more
#9

Polyaglorithm Machine Learning Seed

location_onWaterloo, Ontario
Founded
2018
Funding raised
$1.5M
Stage
Seed

Online platform for equipment monitoring and analytics. It offers a platform that uses artificial intelligence and machine learning interfaces to analyze streams of production data being generated by manufacturing equipment. It generates manufacturing data from machines in real time with cost management, predictive maintenance, fault detection, etc. It also offers predictive maintenance solutions to detect and mitiga

Funding rounds (1 disclosed of 1)
Round Date Amount
Seed Jan 2026 $1.5M
Founders & key people
Investors
#10
$330.5M Raised
expand_more
#10

StorageVault Canada Public

location_onScarborough, Ontario
Founded
2007
Employees
800
Funding raised
$330.5M
Stage
Public

Provides building and acquiring storage businesses services

Funding rounds (3 disclosed of 3)
Round Date Amount
Convertible Debt Jan 2023 $3.5M
Conventional Debt Apr 2019 $320M
Conventional Debt Feb 2019 $7M
Tech stack
amazon cloudfrontamazon s3amazon web servicesapple icloud mailbolt cmsbootstrap+14
#11
Levio Series C
$92.9M Raised
expand_more
#11

Levio Series C

location_onToronto, Ontario
Founded
2013
Employees
3
Funding raised
$92.9M
Stage
Series C

Provider of cyber-security services

Funding rounds (1 disclosed of 1)
Round Date Amount
Series C Feb 2024 $92.9M
Investors
Tech stack
azureazure monitorgodaddygoogle analyticsgoogle font apihsts+13
#12
eSentire Unicorn Acquired
$412.1M Raised
expand_more
#12

eSentire Unicorn Acquired

location_onWaterloo, Ontario
Founded
2001
Employees
700
Funding raised
$412.1M
Valuation
$1B · 2022
Stage
Acquired

ESentire is a Managed security service provider. It provides a non-disruptive approach to zero trust segmentation, policy-based enforcement & automation solution. It provides cloud-based threat protection solutions and managed cybersecurity services. Its product employs behavior-based analytics, mitigation & intelligence. It includes manual monitoring of customer's networks to detect and block cyberattacks in real-ti

Funding rounds (7 disclosed of 7)
Round Date Amount
Series E Feb 2022 $325M
Series D Mar 2019 $47M
Series D Feb 2016 $19.5M
Series C Sep 2014 $12.6M
Series B Jul 2013 $7M
Series A 2012 $1M
1 earlier round — sign up free
Tech stack
6senseadobe audience manageramazon web servicesaosapple icloud mailbootstrap+14

Recent signals in Ontario Business Services

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Funding & investor landscape

Total raised
$5.8B
across these companies
Companies funded
100
with disclosed funding
Highest-funded
$1.8B raised

Most active investors

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 8 investments in Business Services L L-Spark 7 investments in Business Services RV Relay Ventures 7 investments in Business Services MD MaRS Discovery District 6 investments in Business Services V ventureLAB 6 investments in Business Services E Europa 5 investments in Business Services EP Extreme Venture Partners 5 investments in Business Services B BDC 4 investments in Business Services GC Garage Capital 4 investments in Business Services

Notable founders in Ontario 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 Ontario, Canada?
Radar tracks 3196 indexable Business Services companies headquartered in Ontario, Canada, India, that meet our profile-completeness bar.
What is the total funding raised by Business Services companies in Ontario, Canada?
The Business Services companies in Ontario, Canada on this list have raised a combined $5.8B in disclosed equity funding across 100 funded companies.
Which is the highest-funded Business Services company in Ontario, Canada?
Corus Entertainment is the highest-funded Business Services company in Ontario, Canada, with $1.8B in disclosed equity funding.
How many Business Services companies in Ontario, Canada are funded?
100 of the 3196 Business Services companies in Ontario, Canada on this list have disclosed at least one equity funding round.
How many Business Services unicorns are there in Ontario, Canada?
1 Business Services company in Ontario, Canada on this list is valued at $1B or more.
Who are the top investors in Ontario, Canada Business Services companies?
The most active investors in Ontario, Canada Business Services companies on this list include Accelerator Centre, TechAlliance, The DMZ, Ontario Centre of Innovation, L-Spark.

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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