Best EdTech Companies in Montreal, Canada
The 60 best EdTech companies in Montreal, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Paper.
Our analysis of 261 EdTech companies
$20.4b in tracked funding; 94% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
Ranked: Best EdTech companies in Montreal
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Paper Provider of educational support system for educational institutes | $390M | 53 mo ago | Series D | Philip Cutler Founder & Board Director | 2014 | HubSpot CMS HubSalesforceAnimate.css+31 | — |
| 2 | Explorance Learning assessment and feedback management platform for educational institutions and enterprises | $20M | 55 mo ago | Acquired | Samer Saab Founder & CEO | 2003 | Apple iCloud MailMicrosoft 365Node.js+17 | — |
| 3 | Mobi724 Payment processing solution provider to the financial sector | $8M | 42 mo ago | Public | M Vienneau Chief Executive Officer | 2012 | — | — |
| 4 | Budge Studios Educational apps for children | $3M | 64 mo ago | Acquired | Noemie Dupuy Co-Founder and Member Board of Directors | 2010 | Apple iCloud MailGoogle WorkspaceAlgolia+13 | — |
| 5 | Tribal Nova Pre-school and kindergarten kids educational game | $2M | 206 mo ago | Acqui-Hired | Eric Brassard CEO | 2004 | — | — |
| 6 | District 3 Innovation Center A collaborative learning platform for entrepreneurs and startups | $1M | 129 mo ago | Seed | — | 2012 | — | — |
| 7 | ChallengeU Teaching platform and online courses | $650K | 155 mo ago | Seed | Mark Edwards CEO | 2013 | HubSpot CMS HubSentryAmazon Web Services+19 | — |
| 8 | EXO U BYOD classroom management platform | $417K | 147 mo ago | Deadpooled | — | 2010 | — | — |
| 9 | moozoom Provider of online social-emotional learning solutions for schools to teach students | $388K | 46 mo ago | Seed | Jean Turgeon Founder & CEO | 2019 | WordPressMySQLPHP+28 | — |
| 10 | Nimbus Learning Application for managing tutoring and mentoring programs for universities and colleges | $126K | 18 mo ago | Seed | Ben Attal Co-Founder | 2018 | WordPressMySQLPHP+29 | — |
| 11 | MakerBloks Electronic kits for children | $120K | 120 mo ago | Deadpooled | Francois Poirier Founder & CEO | 2014 | — | — |
Top 12 EdTech companies in Montreal
#1
Series D · Montreal, Quebec · founded 2014 · 3000 employees$390.1Mraised▾
Paper provides an educational support system for educational institutes. It provides teaching and learning solutions for teachers and students respectively and offers features such as online learning solutions, learning collaborative tools, teacher retention solutions, personalized learning solutions, and more.
- Feb 2022Series D$270M
- Jun 2021Series C$100M
- Mar 2020Series A$7.5M
- Aug 2016Seed$1.6M
#2
Seed · Montreal, Montreal · founded 2018$125.8Kraised▾
Nimbus is a web-based application for managing tutoring and mentoring programs for universities and colleges. Its features include scheduling tools for students and teachers, video conferencing solution, in-built feedback system, in-app messaging, and more. Its clientele include St. Francis-Xavier University, University of Manitoba, etc.
- Dec 2024Seed$125.8K
#3
Public · Montreal, Montreal · founded 2012 · 35 employees$8.1Mraised▾
Payment processing solution provider to the financial sector. They offer solutions like card linked payments, where users can redeem loyalty points, and rewards currency accumulated on a card linked account directly at the point of sale. It provides API for seamless and secure integration, implementation and management, and data monetization. Mobi also offers POS solutions for clients to process EMV payments, cash advances, and other ATMs at the point of sale.
- Dec 2022Post IPO$671.2K
- May 2019Post IPO$372.8K
- Jan 2019Conventional Debt$500K
- Jan 2019Post IPO$1M
#4
Acquired · Montreal, Montreal · founded 2003 · 285 employees$19.6Mraised▾
Learning assessment and feedback management platform for educational institutions and enterprises. Its product Blue is an evaluation tool the measures needs, expectations, skills, knowledge, and competencies through course assessment, internal surveys, and other tools. Its other product Bluepulse is a live formative feedback platform that gauges student sentiment, understanding, and progress through ongoing formative feedback, detailed reports, and more. The applications are LTI compliant with Integration with SIS, LMS, HRMS, and more.
- Nov 2021Series B$19.6M
#5
Acquired · Montreal, Montreal · founded 2010 · 129 employees$3Mraised▾
Budge Studios creates educational apps for children. Their apps consist of original characters, including Barbie, Thomas, Friends, Strawberry Shortcake, Caillou, The Smurfs, Miss Hollywood, Hello Kitty, and Crayola. Apps are available in various languages on App store, Play store, and Amazon.
- Mar 2021Series A—
- Jan 2015Series A$3M
#6
Seed · Montreal, Quebec · founded 2019 · 38 employees$388Kraised▾
Provider of online social-emotional learning solutions for schools to teach students. It offers quizzes, student engagement solutions, learning videos, and more.
- Aug 2022Seed$388K
#7
Acqui-Hired · Montreal, Montreal · founded 2004$2.5Mraised▾
Tribal Nova provides an educational game for kids in preschool and kindergarten level of age 3-6 age. Helps kids to learn math, animals, emotions, nutrition and language development skills. The platform is available in 3 different languages. Available in both iStore and android. Tribal Nova is a part of Houghton Mifflin Harcourt Company.
- Apr 2009Seed$2.5M
#8
Seed · Montreal, Montreal · founded 2012 · 66 employees$1Mraised▾
District 3 Innovation center serves as a collaborative community-based learning platform for entrepreneurs and startups. Started off as an alumni networking platform for Concordia University, Canada. Platform allows early stage startups, entrepreneurs, coaches, alumni and funders to connect, coach, give feedback and share knowledge. Also, runs multiple online mentor-based courses for aspiring entrepreneurs such as the 'Social Entrepreneurship Program', 'Minimum viable product program', 'Product market fit program' and 'Validation Program'. Has partnered with Concordia University to provide a certification course in Entrepreneurship and Innovation.
- Sep 2015Seed$1M
#9
Seed · Montreal, Montreal · founded 2013 · 41 employees$650Kraised▾
ChallengeU offers an interactive platform for online courses to high school students. Courses include Maths and French. Courses comply with the Quebec Ministry of Education and Higher Education. Provides with a dedicated teacher available anytime. Accessible on computers, tablets and mobile phones. Operates on a freemium model.
- Jul 2013Seed$650K
#10
Deadpooled · Montreal, Montreal · founded 2010 · 27 employees$417.4Kraised▾
EXO U is the creator of Ormi BYOD teaching platform. The platform helps teachers share, manage, and view activity on any mobile device in the classroom. Can create new lessons or send existing instructional materials incorporating polls and quizzes. Works with or without internet and does not require upgrades to existing connectivity. Went Public on Jun 1, 2013. Shares trade on the TSX Venture Exchange under the ticker symbol EXO.
- Mar 2014Post IPO$417.4K
#11
Deadpooled · Montreal, Montreal · founded 2014 · 13 employees$120Kraised▾
MakerBloks develops reactive and magnetic building blocks that children can assemble to form different circuits. The firm is also working on an iPad application which can make the experience more engaging.
- Jun 2016Seed$120K
#12
Deadpooled · Montreal, Montreal · founded 2012$20Kraised▾
Erudite Science is the creator of Sphinx. Sphinx is an assessment-driven learning tool for Mathematics that enables teachers to create customized formative examinations and homework for K-12, with the option to author their own content or choose from a database of educator-approved content. Powered by artificial intelligence (AI) that provides an interactive learning experience with real-time feedback and result analytics. The company is also developing an automated Math tutoring platform called Thoth. Part of Edge EdTech accelerator program in NYC.
- Nov 2015Seed$20K
- Aug 2015Grant (prize money)$600K
- Mar 2015Grant (prize money)$394.8K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of EdTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Education Technology is moving in Canada
A read on the academic research around Education Technology — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 634 Canada-affiliated papers.
- Athabasca University45
- University of Calgary34
- Simon Fraser University33
- University of Toronto33
- University of British Columbia26
- Adaptive learning1→9
- Learning analytics2→6
- Analytics1→5
- Data science1→4
- Educational technology2→4
- Educational technology15→46
- Blended learning8→37
- Mathematics education16→35
- Learning analytics11→25
- Context (archaeology)8→22
- Educational technology10→41
- Higher education1→18
- Technology integration1→15
- Curriculum1→14
- Mathematics education3→15
Where edtech is researched across Canada
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing edtech patents in Canada
Canada edtech patent filing is accelerating — 101 filings from 60 assignees (2016–2025), led by 4AG Robotics, Toronto Dominion BANK, The Ontario Educational Communic; annual filings 5→46.
- 4AG Robotics14
- Toronto Dominion BANK12
- The Ontario Educational Communic11
- Avigilon Patent Holding 110
- Shopify7
- CAE6
- Services Petroliers Schlumberger6
- Schlumberger CA6