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Radar · Construction Tech in Toronto

Best Construction Tech Companies in Toronto, Canada

The 58 best Construction Tech companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Augmenta AI.

58companies tracked
$37.1Mdisclosed funding
0unicorns
13have raised
FLIAR INTELLIGENCE · CONSTRUCTION TECH × TORONTO

Our analysis of 50 Construction Tech companies

$2.6b in tracked funding; 91% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
91%cloud-native stacks
2025funding peak (by rounds)
3unicorns
2019median founding year

Ranked: Best Construction Tech companies in Toronto

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Augmenta AI
Developer of automated electrical design platform for clash-free conduit routing
62AI top 18%Talent top 28%Patents top 32%Moat top 37%
All 11 signals ▾
AItop 18%
Talenttop 28%
Patentstop 32%
Moattop 37%
Innovationtop 38%
Fundingtop 41%
Growthtop 45%
Techbottom 45%
Globalbottom 43%
Marketbottom 40%
Newsbottom 21%
AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC)
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 62/100
$16M16 mo agoSeedMassimiliano Moruzzi
Co-Founder
2018Webflowcore-jsjQuery+1211 patents
AI-driven motion control, CAD routing optimization, and metal‑polymer composite manufacturing
2 launchs
2Brickeye
Provider of construction risk mitigation platform integrating IoT and data analytics
37Funding top 33%Talent top 38%Product top 42%Moat bottom 45%
All 6 signals ▾
Fundingtop 33%
Talenttop 38%
Producttop 42%
Moatbottom 45%
Marketbottom 40%
Globalbottom 36%
Funding: Raised $10.0M across 2 rounds · 2 rounds over 3 yrs (0.7/yr)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 37/100
$10M5 mo agoAcquiredAnthony Fernando
Co-Founder
2013———
3Adaptis
Provider of AI-powered platform for capital planning and asset decarbonization
32Talent top 38%AI top 45%Tech top 50%Funding bottom 49%
All 7 signals ▾
Talenttop 38%
AItop 45%
Techtop 50%
Fundingbottom 49%
Globalbottom 36%
Marketbottom 28%
Newsbottom 21%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
AI: Product described with: ai-powered
rank vs industry peers · Fliar Intelligence Index 32/100
$5M15 mo agoSeedSheida Shahi
Co-Founder & CEO
2022WixSentryBootstrap+12——
4AlterBiota
Manufacturer of bio-graphene additives for the concrete industry
10Funding bottom 49%Talent bottom 49%Product bottom 40%Tech bottom 36%
All 6 signals ▾
Fundingbottom 49%
Talentbottom 49%
Productbottom 40%
Techbottom 36%
Globalbottom 32%
Marketbottom 19%
Funding: Raised $4.0M across 1 rounds · 1 rounds over 2 yrs (0.5/yr)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
rank vs industry peers · Fliar Intelligence Index 10/100
$4M26 mo agoSeedMark Masotti
President & CEO
2018WordPressMySQLPHP+16——
5Ratio.City
Cloud-based urban analytics platform
$1M83 mo agoSeedMonika Jaroszonek
Co-Founder & CEO
2017———
6PledgX
Provider of an online marketplace for construction professionals
$457K36 mo agoSeedBen Arber
Co-Founder and Board Member
2020———
7Provision
AI-powered PDF reader for document management
$125K48 mo agoSeedLuigi Corte
Co-Founder
2021Webflow EcommerceWebflowAmazon Web Services+14—1 launch
8Tread
Solution to track construction materials and related logistics
$120K93 mo agoSeedNoah Dolgoy
Co-Founder & CEO
2016Apple iCloud MailGoogle WorkspaceGoogle Maps+143 patents
AI-driven platform for recruiting and managing driver workforce
—

Top 12 Construction Tech companies in Toronto

#1
Acquired · Toronto, Ontario · founded 2013
$10Mraised
▾

Provider of construction risk mitigation platform integrating IoT and data analytics. The platform offers real-time monitoring, alerts, and analytics for construction projects. It focuses on mitigating water damage, monitoring concrete, and managing environmental risks. The platform serves general contractors, owners, developers, and insurance providers with risk mitigation solutions.

Fliar Intelligence Index™ 37how this company ranks against its industry peers
Funding
top 33%
Talent
top 38%
Product
top 42%
Moat
bottom 45%
Market
bottom 40%
Global
bottom 36%
Funding: Raised $10.0M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) · Last round Series B (Jan 2026)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Product: 1 published app (91 installs) · Company stage: Acquired
Audience (LinkedIn): 4k LinkedIn followers — 7.5% of this cohort's audience
Funding rounds
  • Jan 2026Series B$10M
  • Oct 2023Series A$10M
Founders & team
Anthony FernandoCo-FounderRichard LiangCo-Founder & CTO
Investors
BDC, Graphite Ventures, GreenSky, Brightspark Ventures, Export Development Canada, MaRS IAF
#2
Seed · Toronto, Ontario · founded 2018 · 35 employees
$15.8Mraised
▾

Developer of automated electrical design platform for clash-free conduit routing. The platform analyzes models and generates constructible conduit routes. It optimizes for length, bend degree, installation time, and cost. The platform integrates with existing conduit schedules and Autodesk Revit. It allows users to explore multiple designs and compare material and labor costs. The platform is designed for commercial projects.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
AI
top 18%
Talent
top 28%
Patents
top 32%
Moat
top 37%
Innovation
top 38%
Funding
top 41%
AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC)
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Patents: 11 patents matched (strict assignee match) · 11 filings since 2022 vs 0 in 2017-21 · Latest publication 2026
Audience (LinkedIn): 5k LinkedIn followers — 10.5% of this cohort's audience
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
  • Mar 2025Seed$10M
  • Jun 2023Seed$11.8M
  • Jun 2022Seed$4.1M
Founders & team
Massimiliano MoruzziCo-FounderDavide PanelliCo-FounderFrancesco IorioCo-Founder & CEO
Investors
Hazelview Ventures, BDC, Suffolk, Eclipse, Ferguson Ventures, Whiteshell Group
Tech stack
BunnyCloudflareCookiehubGoogle AnalyticsGoogle WorkspaceGsap
#3
Seed · Toronto, Ontario · founded 2022 · 19 employees
$5.5Mraised
▾

Provider of AI-powered platform for capital planning and asset decarbonization. The platform uses predictive analytics and real building data to guide capital planning decisions. It aligns decarbonization goals with financial realities across design, retrofit, and development. The platform offers portfolio-wide insights to uncover risks and opportunities. It provides a step-by-step plan, mapping out when to invest in capital projects.

Fliar Intelligence Index™ 32how this company ranks against its industry peers
Talent
top 38%
AI
top 45%
Tech
top 50%
Funding
bottom 49%
Global
bottom 36%
Market
bottom 28%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
AI: Product described with: ai-powered
Tech: 15 technologies across 5/8 capability areas · Cloud: Google Cloud, Google Cloud Cdn · Observability: Sentry
Audience (LinkedIn): 4k LinkedIn followers — 8.8% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Apr 2025Seed$4M
  • Jun 2024Seed$5.5M
  • Jan 2023Seed$1.5M
  • Sep 2022Seed—
Founders & team
Sheida ShahiCo-Founder & CEOAida MollaeiCo-Founder
Investors
Accelerator Centre, Building Ventures, MetaProp, 2048 Ventures, Blue Vision Capital, Powerhouse
#4
Seed · Toronto, Ontario · founded 2018 · 8 employees
$4Mraised
▾

AlterBiota manufactures nanotechnology-based additives/admixtures for concrete. Its eco-friendly admixtures increase the strength of concrete.

Fliar Intelligence Index™ 10how this company ranks against its industry peers
Funding
bottom 49%
Talent
bottom 49%
Product
bottom 40%
Tech
bottom 36%
Global
bottom 32%
Market
bottom 19%
Funding: Raised $4.0M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) · Last round Seed (May 2024)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Product: 1 published app (110 installs) · Company stage: Seed
Audience (LinkedIn): 599 LinkedIn followers
Activity (LinkedIn): 1 partnerships (incl. Casey Concrete Limited) announced in 12 mo
Funding rounds
  • May 2024Seed$4M
Founders & team
Mark MasottiPresident & CEO
Investors
Invest Nova Scotia, BDC, Sustainable Development Technology Canada
Tech stack
CloudflareCloudflare Bot ManagementCore-JsElementorGodaddyGoogle Maps
#5
Seed · Toronto, Ontario · founded 2020 · 10 employees
$457.1Kraised
▾

Provider of an online marketplace for construction professionals. It allows the contractors to find projects by helping them to build a profile, generating qualification statements, keeping previous project records. This platform also helps the general contractors to choose the right personnel by evaluating their records.

Funding rounds
  • Jun 2023Seed—
  • Sep 2022Seed—
  • Mar 2022Seed$457.1K
Founders & team
Ben ArberCo-Founder and Board Member
Investors
Accelerator Centre, Ontario Canada, Canadian Space Agency, RevTech Labs
#6
Seed · Toronto, Ontario · founded 2017 · 15 employees
$1Mraised
▾

RATIO.city is a cloud-based urban analytics platform. The platform offers online mapping and analysis tools for identifying project development locations. The platform generates customized 3D builds for identifying potential development sites.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 5.2% of this cohort's audience
Funding rounds
  • Jul 2019Seed$1M
Founders & team
Monika JaroszonekCo-Founder & CEO
Investors
2048 Ventures, RioCan, Tercot, Guloien Capital, RockPort Capital, Surface Ventures
#7
Seed · Toronto, Ontario · founded 2021 · 4 employees
$125Kraised
▾

AI-powered PDF reader for document management. It uses artificial intelligence to understand the contents of documents, making it easy to search for and find important information.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 4.6% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Jul 2022Seed$500K
Founders & team
Luigi CorteCo-Founder
Investors
Y Combinator, Team Ignite Ventures
#8
Seed · Toronto, Ontario · founded 2016 · 46 employees
$120Kraised
▾

Developer of a construction management platform designed to hire equipment-operating subcontractors. The company's platform uses data analytics to keep construction moving and serves as a bridge between heavy equipment operators and construction companies, enabling users to record and measure equipment usage in real-time and save extra costs.

Founders & team
Noah DolgoyCo-Founder & CEOMerrick ReadCo-Founder & CTO
Investors
FJ Labs, Ripple Ventures, Techstars, Crosslink Capital, Real Ventures, FundersClub
#9
Seed · Toronto, Ontario · founded 2017 · 6 employees
$30Kraised
▾

Provider of mobile apps for lead generation of home improvement contractors. The company offers 'Phyxter Pro' - a mobile app to connect with local part suppliers, 'Phyxer Home Services' - a mobile app for getting quotes from local contractors, and 'Phyxter Wholesale' - a wholesale platform to connect with local parts buyers. Its mobile app is available for Android and iOS devices.

Funding rounds
  • Jun 2018Seed$30K
Founders & team
Jake GibsonFounder & CEO
Investors
Accelerator Centre, Accelerate Okanagan
Tech stack
WordpressMysqlPhpBricksWp RocketThemeisle Menu Icons
#10
Deadpooled · Toronto, Ontario · founded 2012
$29.5Kraised
▾

Shotlst is a collaboration platform for people who work with photos or images to get the job done. Its web-based tool helps in storing and sharing project wise progress photos, annotating, assigning tasks and interacting with Shotlst via text message and email. Incubated by the University of Toronto Early Stage Technology (UTEST) program.

Funding rounds
  • Jul 2012Seed$29.5K
Founders & team
Matt RattoCo Founder & CEOMike BorgCo Founder & CTO
Investors
TIAP, UTEST
#11
Seed · Toronto, Ontario · 7 employees
—raised
▾

App-based platform for setting targets and talent retention for construction companies. The platform allows users to set a weekly target, design incentives, and track productivity.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 827 LinkedIn followers
Activity: 1 awards announced in 12 mo
Founders & team
Calvin BenchimolCo-Founder & CEO
Investors
GroundBreak Ventures, EllisDon, FutureSight
Tech stack
CloudflareCloudflare Bot ManagementCore-JsGoogle Font ApiGoogle Tag ManagerGoogle Workspace
#12
Series A · Toronto, Ontario · founded 2017 · 34 employees
—raised
▾

Provider of SaaS-driven concrete monitoring and data-driven solutions for the construction industry. The company offers hardware and software solutions that include real-time concrete monitoring, thermal monitoring, and data-driven solutions. It caters to precasters, infrastructure developers, and building contractors.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 6.3% of this cohort's audience
Funding rounds
  • Nov 2023Series A—
Founders & team
Jordan KorenzvitChief Executive Officer
Investors
Holcim
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesBootstrapCdnjs

Funding & investor landscape

$37.1Mtotal disclosed funding
10companies funded
14disclosed rounds
0rounds last 90 days
Most active investors
Accelerator Centre4 rounds
BDC4 rounds
The DMZ3 rounds
2048 Ventures2 rounds
FJ Labs2 rounds
GroundBreak Ventures2 rounds
MaRS Discovery District2 rounds
Ontario Centre of Innovation2 rounds
Team Ignite Ventures2 rounds
Techstars2 rounds

Notable founders

Anthony Fernando
Co-Founder · Brickeye
Richard Liang
Co-Founder & CTO · Brickeye
Massimiliano Moruzzi
Co-Founder · Augmenta AI
Davide Panelli
Co-Founder · Augmenta AI
Sheida Shahi
Co-Founder & CEO · Adaptis
Aida Mollaei
Co-Founder · Adaptis
Mark Masotti
President & CEO · AlterBiota
Ben Arber
Co-Founder and Board Member · PledgX
Monika Jaroszonek
Co-Founder & CEO · Ratio.City
Luigi Corte
Co-Founder · Provision
Noah Dolgoy
Co-Founder & CEO · Tread
Merrick Read
Co-Founder & CTO · Tread
Prism market signals · Canada · country-scoped Prism corpus, 8,701,232 docs

Market landscape — 10 sub-themes by coverage

Share of Construction Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH FROM Toronto · institutions

What Toronto researches in proptech construction

Toronto's universities—led by TMU and U of T—research BIM integration, 3D surveying, and construction management with balanced optimism, producing steady advancement-focused work across heritage and infrastructure monitoring.

28 papersstance +0.5030% breakthrough19% concern
breakthrough · advancement · concern
local research themes
BIM and Construction Integration3D Surveying and Cultural HeritageConstruction Project Management and PerformanceInfrastructure Maintenance and MonitoringFacilities and Workplace ManagementSustainable Building Design and Assessment
top institutions
  • Toronto Metropolitan University16
  • University of Toronto11
  • Toronto Rehabilitation Institute1

Common questions

How many Construction Tech companies are there in Toronto, Canada?
Radar tracks 58 indexable Construction Tech companies headquartered in Toronto, Canada that meet our profile-completeness bar.
What is the total funding raised by Construction Tech companies in Toronto, Canada?
The Construction Tech companies in Toronto, Canada on this list have raised a combined $37.1M in disclosed equity funding across 10 funded companies.
Which is the highest-funded Construction Tech company in Toronto, Canada?
Augmenta AI is the highest-funded Construction Tech company in Toronto, Canada, with $15.8M in disclosed equity funding.
How many Construction Tech companies in Toronto, Canada are funded?
10 of the 58 Construction Tech companies in Toronto, Canada on this list have disclosed at least one equity funding round.
How many Construction Tech unicorns are there in Toronto, Canada?
None of the Construction Tech companies in Toronto, Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Toronto, Canada Construction Tech companies?
The most active investors in Toronto, Canada Construction Tech companies on this list include Accelerator Centre, BDC, The DMZ, 2048 Ventures, FJ Labs.
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.

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