Radar Companies Enterprise Infrastructure · Toronto
Radar · Enterprise Infrastructure in Toronto

Best Enterprise Infrastructure Companies in Toronto, Canada

The 270 best Enterprise Infrastructure companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: 1Password.

270companies tracked
$1.7Bdisclosed funding
2unicorns
83have raised
FLIAR INTELLIGENCE · ENTERPRISE INFRASTRUCTURE × TORONTO

Our analysis of 50 Enterprise Infrastructure companies

$9.9b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
98%cloud-native stacks
2025funding peak (by rounds)
3unicorns
2017median founding year
664kcombined LinkedIn audience
68%of audience held by top 3
3companies hiring publicly (12 mo)

Ranked: Best Enterprise Infrastructure companies in Toronto

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackPatents & IP focusRecent signals
11Password 🦄
Cloud based platform for remote access software
83Tech top 21%Market top 22%Moat top 26%Funding top 27%
All 11 signals ▾
Techtop 21%
Markettop 22%
Moattop 26%
Fundingtop 27%
Customerstop 31%
Innovationtop 32%
Producttop 34%
Newstop 42%
Talenttop 43%
Growthtop 44%
Globaltop 48%
Tech: 63 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
Market: 1,413 employees (top 2% of Enterprise Infrastructure) · Top-100,000 web property
rank vs industry peers · Fliar Intelligence Index 83/100
$920M54 mo ago1,413David Teare
Co-Founder
WebflowCart FunctionalityPassage+251 launch
2Tailscale 🦄
VPN solutions based on wireguard protocol
84Tech top 23%Funding top 25%Moat top 25%Customers top 27%
All 12 signals ▾
Techtop 23%
Fundingtop 25%
Moattop 25%
Customerstop 27%
Talenttop 28%
Innovationtop 29%
Markettop 31%
Patentstop 33%
Growthtop 37%
Producttop 40%
Globalbottom 43%
Newsbottom 18%
Tech: 50 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services
Funding: Raised $115M across 4 rounds · 4 rounds over 6 yrs (0.7/yr)
rank vs industry peers · Fliar Intelligence Index 84/100
$115M14 mo ago116Avery Pennarun
Co-founder and CEO
SanityNode.jsSalesforce+2527 patents
Secure zero‑trust mesh networking with distributed key management and overlapping IPv6 subnet handling.
5 job openings
3Buf
Provider of schema management and validation tools for API development
$93M54 mo ago49Peter Edge
Founder & CEO
WebflowApple iCloud MailGoogle Workspace+29
4SecureKey
Cloud-based identity verification solutions
$71M79 mo ago11662 patents
Secure authentication and credential management for devices and networks
5Ethoca
Fraud protection solutions for omnichannel retailers
$45M131 mo ago162DrupalMariaDBPHP+195 patents
Payment fraud detection and transaction rescue solutions for electronic commerce
6Fable
Cloud based usability testing platform
60Tech top 33%Growth top 35%Funding top 36%Moat top 39%
All 7 signals ▾
Techtop 33%
Growthtop 35%
Fundingtop 36%
Moattop 39%
Markettop 47%
Talentbottom 49%
Globalbottom 36%
Tech: 46 technologies across 6/8 capability areas · Cloud: Amazon Ses, Amazon Web Services
Growth: Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 60/100
$37M20 mo ago146Alwar Pillai
Co-Founder & CEO
WordPressApple iCloud MailMicrosoft 365+431 partnership · 1 award
7Fixmo
Integrity assurance software
$31M160 mo ago6812 patents
Mobile device security and multi‑profile containerized app management solutions
8Nymi
Developer of wearable multi-factor authentication solution for passwordless access and security
$30M96 mo ago43Wix eCommerceWixSentry+2252 patents
Wearable biometric authentication and motion‑based user activity monitoring for secure access
1 partnership
9BlueCat
Cloud-based DNS and DHCP appliance and security solutions provider
$28M179 mo ago467WordPressSentryApple iCloud Mail+252 launchs
10Clickfree
Limited information available
$25M190 mo agoBryan McLeod
CEO
Cart FunctionalityShopifyShop Pay+22
11The Open Application Network
Cross-platform application development solutions provider
$22M104 mo ago14
12OpsLevel
Platform offering ALM enablers software
50Growth top 35%Funding top 38%Tech top 44%Talent bottom 49%
All 7 signals ▾
Growthtop 35%
Fundingtop 38%
Techtop 44%
Talentbottom 49%
Marketbottom 43%
Globalbottom 39%
Newsbottom 22%
Growth: Fresh capital in last 24 mo
Funding: Raised $20.0M across 3 rounds · 3 rounds over 6 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 50/100
$20M18 mo ago53John Laban
CEO & Co-Founder
WebflowSentryApple iCloud Mail+27
13Discourse
Open source discussion platform
$20M57 mo ago186GhostNode.jsVarnish+15
14Exinda
WAN optimization with Network orchestration platform
$19M121 mo ago127
15Ethereum
Blockchain-based public network for decentralized applications
$18M55 mo ago1TurbopackSentryNode.js+17
16Skrumble
Cloud communications for businesses
$16M97 mo ago9WordPressMySQLPHP+17
17Umajin
Mobile app development platform for designers and developers
$13M58 mo ago21
18Feroot
Provider of cloud based web application security solutions
$11M51 mo ago24Vitaliy Lim
Founder & CTO
WordPressApple iCloud MailGoogle Workspace+32
19Protexxa
Offering cyber risk and vulnerability assessment solutions
37Growth top 35%Moat top 38%Funding top 40%AI top 45%
All 11 signals ▾
Growthtop 35%
Moattop 38%
Fundingtop 40%
AItop 45%
Talentbottom 49%
Techbottom 47%
Marketbottom 38%
Patentsbottom 37%
Globalbottom 31%
Innovationbottom 25%
Newsbottom 18%
Growth: Fresh capital in last 24 mo
Moat: Editorial + unicorn rating 7/10 · IP moat: 2 patents
rank vs industry peers · Fliar Intelligence Index 37/100
$10M22 mo ago47Claudette McGowan
Chief Executive Officer
WordPressMySQLPHP+272 patents
Assessing data confidence and reliability in AI/ML data pipelines
20Agnostiq
Provider of a quantum computing development platform
$9M38 mo ago20Oktay Goktas
Co-Founder
3 patents
Secure hybrid quantum‑classical workflow execution on advanced computing platforms
21Quantum Bridge Technologies
Provider of quantum computing technology for communication applications
32Funding top 37%Moat top 38%Innovation top 40%Patents top 44%
All 8 signals ▾
Fundingtop 37%
Moattop 38%
Innovationtop 40%
Patentstop 44%
Talentbottom 49%
Techbottom 47%
Globalbottom 39%
Marketbottom 23%
Funding: Raised $8.7M across 2 rounds · 2 rounds over 3 yrs (0.7/yr)
Moat: Editorial + unicorn rating 4/10 · IP moat: 9 patents
rank vs industry peers · Fliar Intelligence Index 32/100
$9M1 mo ago15Mattia Montagna
Co-Founder & CEO
WordPressMySQLPHP+219 patents
Secure quantum key distribution and management for cryptographic networks
22Invixium
Biometric systems for access management
$8M72 mo ago43
43 → 107 (+149%)
Shiraz Kapadia
Founder & CEO
WordPressMySQLPHP+351 launch · 1 partnership
23Think Dynamics
Cloud orchestration and management solutions provider
$7M299 mo agoDuncan Hill
Founder
24LoginID
Secure authentication solution using biometrics
$6M60 mo ago44Simon Law
CEO
Cart FunctionalityDocusaurusReact+15
25ICONTEK
Developer of NLP engines and automated conversational interface products
$6M94 mo ago8
26IntelliGO Networks
Security analytics & log management for threat detection and response
$6M103 mo agoKhaled Mansour
President & CEO
27Tempo
Developer of an AI-powered platform for React application design and development
62AI top 30%Tech top 32%Funding top 43%Growth top 45%
All 7 signals ▾
AItop 30%
Techtop 32%
Fundingtop 43%
Growthtop 45%
Talentbottom 49%
Globalbottom 48%
Marketbottom 47%
AI: Classified as an AI company · Product described with: ai-powered
Tech: 38 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services
rank vs industry peers · Fliar Intelligence Index 62/100
$6M7 mo agoKevin Michael
Co-Founder & CEO
SentryInstatusNode.js+271 launch · 1 partnership
28Sekur Private Data
Provider of cybersecurity, data management, and IT solution services
72Growth top 15%Partners top 18%Product top 18%Innovation top 23%
All 9 signals ▾
Growthtop 15%
Partnerstop 18%
Producttop 18%
Innovationtop 23%
Newstop 25%
Fundingtop 35%
Marketbottom 48%
Talentbottom 42%
Globalbottom 25%
Growth: Fresh capital in last 24 mo
Partners: 5 contract events in 12 mo · Named contractor/client in 5 deals
rank vs industry peers · Fliar Intelligence Index 72/100
$5M5 mo agoAlain Ghiai
Founder & CEO
29Surf
Cloud based customer data management platform
$5M55 mo agoSwish Goswami
Co-Founder & CEO
WebflowjQuery-pjaxcore-js+16
30Qui
Offering federated identity management solutions
$5M46 mo agoPeter Carrescia
Co-Founder
31Tina
Open-source CMS supporting Git and visual editing
$5M72 mo agoJordan Patterson
Co-Founder
Node.jsRadix UITailwind CSS+255 patents
AI-driven petroleum reservoir modeling, well data interpretation, and production forecasting
1 launch
32Sortspoke
Platform offering data extraction software
$5M51 mo ago21HubSpot CMS HubAmazon Web ServicesPostHog+16
33Codex
Provider of code collaboration tools
$5M54 mo agoSaumil Patel
Co-Founder
34Venue
Video conferencing platform
$4M46 mo ago11Pei Li
Co-Founder
Webflowcore-jsjQuery+18
35BrandProtect
Cyber threat intelligence & brand protection
$4M226 mo ago48
36BioConnect
Provider of multi-modal authentication platform, hardware, and software access control
$4M70 mo ago31HubSpot CMS HubApple iCloud MailMicrosoft 365+1721 patents
Biometric authentication and secure access‑control communication systems
1 partnership
37Iotum
Provider of tools for unified communication
$4M101 mo ago288 patents
Real-time telecommunication management and web-based conferencing systems
38VeriFast
Platform offering identity verification and authentication services
$4M44 mo ago20Chad Guziewicz
Co-Founder
WebflowBootstrapAmazon Web Services+2410 patents
Enterprise identity management and data integrity verification platforms
39Private AI
Developer of PII identification, de-identification, and data anonymization software
$3M43 mo ago31Patricia Thaine
Co-Founder and CEO
WordPressMySQLPHP+44
40Cybeats
Provider of a cybersecurity platform for IoT devices
60News top 19%Product top 19%Growth top 25%Partners top 32%
All 10 signals ▾
Newstop 19%
Producttop 19%
Growthtop 25%
Partnerstop 32%
Fundingtop 36%
Innovationtop 38%
Moattop 48%
Techbottom 48%
Marketbottom 43%
Globalbottom 38%
News: 5 BI events in 12 mo (of 43 tracked, 8 types) · +150% YoY
Product: 3 distinct product lines · Company stage: Public
rank vs industry peers · Fliar Intelligence Index 60/100
$3M7 mo ago41WebflowAmazon Web ServicesBambooHR+151 award
41SoLVBL
Data authentication solutions provider
$3M60 mo agoPaul Carroll
CEO & President
42PitchPoint Solutions
Credit risk solutions for lenders
$3M63 mo ago20Stephen Schrump
CEO & President
Node.jsZohoTailwind CSS+10
43Fairblock
Blockchain infrastructure builder using applied cryptography
$2M32 mo ago4Bowen You
Co-Founder
Tailwind CSSReactReact Router+6
44Deskree
Cloud based API development platform
$2M32 mo ago11Dmytro Grechko
Co-Founder & CEO
WebflowApple iCloud MailGoogle Workspace+17
45Route1
Provider of automatic license plate recognition and actionable business intelligence solutions
35Product top 18%Patents top 38%News top 40%Innovation top 42%
All 12 signals ▾
Producttop 18%
Patentstop 38%
Newstop 40%
Innovationtop 42%
Fundingtop 48%
Talentbottom 49%
Globalbottom 45%
Moatbottom 45%
Marketbottom 44%
Fin. healthbottom 42%
Techbottom 40%
Growthbottom 38%
Product: 1 product launch event in 12 mo, 1 the year before · Company stage: Public
Patents: 18 patents matched (strict assignee match) · Lead CPC: H04L63/0823 (+1 more areas)
rank vs industry peers · Fliar Intelligence Index 35/100
$1M7 mo ago51Tony Busseri
CEO | President | Board Director
WordPressShowitApple iCloud Mail+1518 patents
Cryptographic key generation, storage, distribution, and derived credential management systems
1 launch · 2 partnerships
46Functionland
Blockchain based networked attached storage
$1M50 mo ago14Ehsan Shariati
Founder
WordPressMySQLPHP+134 launchs
47ORNA
Cloud based platform offering cyber incident response platform for the IT industry
$1M48 mo ago23

Top 12 Enterprise Infrastructure companies in Toronto

#1
Series A · Toronto, Ontario · founded 2019 · 15 employees
$8.7Mraised

Provider of quantum computing technology for communication applications. It designs and develops quantum key infrastructure systems that integrate with existing symmetric encryption modules. Its product portfolio includes a QKI gateway for protecting local area networks, a small-sized QKI gateway to protect small offices, and operators for key distribution systems. It has applications in the government, defence, critical infrastructure, telecommunication, and cybersecurity sectors.

Fliar Intelligence Index™ 32how this company ranks against its industry peers
Funding
top 37%
Moat
top 38%
Innovation
top 40%
Patents
top 44%
Talent
bottom 49%
Tech
bottom 47%
Funding: Raised $8.7M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) · Last round Series A (May 2026)
Moat: Editorial + unicorn rating 4/10 · IP moat: 9 patents
Innovation: 9 patents (top 70% of patent-holders) · 9 filings since 2022 vs 0 in 2017-21 · Deep-tech classification: Tech Hardware
Audience (LinkedIn): 3k LinkedIn followers
Funding rounds
  • May 2026Series A$8M
  • Aug 2024Seed
  • May 2023Grant (prize money)$665.2K
Founders & team
Mattia MontagnaCo-Founder & CEO
Investors
Canadian Space Agency, Juniper Networks, Primo Capital, Wayra, Cadenza, Club degli Investitori
Tech stack
Amazon Web ServicesApache Http ServerBunnyCore-JsDownload MonitorElementor
#2
Series C · Toronto, Ontario · founded 2019 · 116 employees
$115Mraised

VPN solutions based on wireguard protocol. The product uses multi-factor identification and single-sign-on technology for secure authentication. The features of the product include automatic key rotations, point-to-point connections, encryption, audit-compliant logging, etc. The product is available for Linux, iOS, Windows, Raspberry Pi and ARM.

Fliar Intelligence Index™ 84how this company ranks against its industry peers
Tech
top 23%
Funding
top 25%
Moat
top 25%
Customers
top 27%
Talent
top 28%
Innovation
top 29%
Tech: 50 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services · Devops: Nginx, Varnish
Funding: Raised $115M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) · Last round Series C (Apr 2025)
Moat: Editorial + unicorn rating 9/10 · IP moat: 27 patents · Unicorn
Audience (LinkedIn): 38k LinkedIn followers — 5.8% of this cohort's audience
Hiring (LinkedIn): 5 hiring posts in 12 mo (public) · momentum +5 · hiring: Customer Support Engineer, Windows Engineer
Funding rounds
  • Apr 2025Series C$160M
  • May 2022Series B$100M
  • Nov 2020Series A$12M
  • Apr 2020Seed$3M
Founders & team
Avery PennarunCo-founder and CEODavid CrawshawCo-FounderDavid CarneyCo-Founder
Investors
Heavybit, Uncork Capital, CRV, Insight Partners, Accel, Sparkwave Capital
Tech stack
Amazon CloudfrontAmazon Web ServicesApple Sign-InCloudflareCloudflare Bot ManagementDiscourse
#3
Public · Toronto, Ontario · founded 2012
$5.5Mraised

Provider of cybersecurity, data management, and IT solution services

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Growth
top 15%
Partners
top 18%
Product
top 18%
Innovation
top 23%
News
top 25%
Funding
top 35%
Growth: Fresh capital in last 24 mo
Partners: 5 contract events in 12 mo · Named contractor/client in 5 deals
Product: 9 product launch events in 12 mo, 2 the year before · Company stage: Public
Audience (LinkedIn): 984 LinkedIn followers
Funding rounds
  • Jan 2026Post IPO$1.1M
  • Jun 2025Post IPO$1.1M
  • May 2025Post IPO$50.2K
  • Apr 2025Post IPO$76.1K
Founders & team
Alain GhiaiFounder & CEO
#4
Seed · Toronto, Ontario · founded 2023
$5.5Mraised

Developer of an AI-powered platform for React application design and development. The platform enables users to design and edit React code visually using a drag-and-drop editor. It allows importing components from Storybook or generating custom libraries. The platform integrates with existing codebases, VSCode, and GitHub, offering component templates and AI assistance for product development.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
AI
top 30%
Tech
top 32%
Funding
top 43%
Growth
top 45%
Talent
bottom 49%
Global
bottom 48%
AI: Classified as an AI company · Product described with: ai-powered
Tech: 38 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Observability: Datadog, Microsoft Clarity
Funding: Raised $5.5M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) · Last round Seed (Oct 2025)
Audience (LinkedIn): 8k LinkedIn followers
Activity (LinkedIn): 2 product launches · 1 partnerships (incl. Guidewire Software and P&C carriers) announced in 12 mo
Funding rounds
  • Oct 2025Seed$5M
  • 2023Seed$500K
Founders & team
Kevin MichaelCo-Founder & CEO
Investors
Golden Ventures, Y Combinator, BoxGroup, Webflow, Inovia Capital, General Catalyst
Tech stack
Amazon S3Amazon Web ServicesClickbankCloudflareCloudflare Bot ManagementCore-Js
#5
Public · Toronto, Ontario · founded 2016 · 41 employees
$3Mraised

Provider of a cybersecurity platform for IoT devices. It provides solutions to identify security vulnerabilities in the development process of a device and protects it against abnormal device behaviour and allows immediate response without downtime. It also provides SOC integration and tools to manage the ongoing security of deployed devices, including secure firmware updates.

Fliar Intelligence Index™ 60how this company ranks against its industry peers
News
top 19%
Product
top 19%
Growth
top 25%
Partners
top 32%
Funding
top 36%
Innovation
top 38%
News: 5 BI events in 12 mo (of 43 tracked, 8 types) · +150% YoY · 3 high-value events (IPO/M&A/funding/contracts) in 12 mo
Product: 3 distinct product lines · Company stage: Public
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Nov 2025Post IPO$1M
  • Nov 2024Post IPO$135.6K
  • Apr 2024Post IPO$1.8M
  • Apr 2023Post IPO$4.6M
Investors
Inovia Capital, Maple Leaf Angels, GreenSoil Investments, ScaleX, MaRS Discovery District, Ripple Ventures
Tech stack
Amazon SesAmazon Web ServicesBamboohrCloudflareCloudflare Bot ManagementGoogle Ads
#6
Series B · Toronto, Ontario · founded 2018 · 146 employees
$37Mraised

Cloud based usability testing platform. It is an accessibility platform powered by people with disabilities. It provides a solution for remote user interviews, prototype reviews, compatibility testing, and native application testing. It generates feedback from customized user groups. It supports testing across websites, webapps, native apps, mobile, desktop, and browsers.

Fliar Intelligence Index™ 60how this company ranks against its industry peers
Tech
top 33%
Growth
top 35%
Funding
top 36%
Moat
top 39%
Market
top 47%
Talent
bottom 49%
Tech: 46 technologies across 6/8 capability areas · Cloud: Amazon Ses, Amazon Web Services · Devops: Nginx
Growth: Fresh capital in last 24 mo
Funding: Raised $37.0M across 4 rounds · 4 rounds over 8 yrs (0.5/yr) · Last round Series B (Oct 2024)
Audience (LinkedIn): 39k LinkedIn followers — 5.9% of this cohort's audience
Activity (LinkedIn): 1 partnerships · 1 awards (incl. Fable) announced in 12 mo
Funding rounds
  • Oct 2024Series B$25M
  • May 2022Series A$10.5M
  • Jul 2020Seed$1.5M
  • 2018Grant (prize money)$75K
Founders & team
Alwar PillaiCo-Founder & CEO
Investors
Five Elms Capital, Difference Partners, Disruption Ventures, BDC, Innovation Grade Ventures, Globalive Capital
Tech stack
Amazon SesAmazon Web ServicesApple Icloud MailBootstrapCloudflareCloudflare Bot Management
#7
Public · Toronto, Ontario · founded 2004 · 51 employees
$1.4Mraised

Provider of automatic license plate recognition and actionable business intelligence solutions. The company offers a unified analytics platform with lifecycle support for reliable system operations. It translates operational data into actionable insight, supporting real-time decision-making. The company integrates data and analytics, enabling operators to evaluate operations against benchmarks.

Fliar Intelligence Index™ 35how this company ranks against its industry peers
Product
top 18%
Patents
top 38%
News
top 40%
Innovation
top 42%
Funding
top 48%
Talent
bottom 49%
Product: 1 product launch event in 12 mo, 1 the year before · Company stage: Public
Patents: 18 patents matched (strict assignee match) · Lead CPC: H04L63/0823 (+1 more areas)
News: 14 BI events in 12 mo (of 41 tracked, 7 types) · -18% YoY · 2 high-value events (IPO/M&A/funding/contracts) in 12 mo
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 1 product launches · 2 partnerships (incl. City of St. Petersburg parking team) announced in 12 mo
Funding rounds
  • Nov 2025Post IPO$356.1K
  • Dec 2020Post IPO$106.2K
  • Mar 2018Post IPO$968.4K
Founders & team
Tony BusseriCEO | President | Board Director
Tech stack
Animate.CssApple Icloud MailCdnjsCloudflareCloudflare Bot ManagementGoogle Analytics
#8
Series A · Toronto, Ontario · founded 2018 · 53 employees
$20Mraised

Platform offering ALM enablers software. It helps to convert vague data into metadata that can be accessed by anyone in the organization. It helps to scale the production readiness and enhance continuous improvement. It offers a security and compliance solution that helps to track ownership information and integrates with the existing tools to ensure no security goes unowned. The platform integrates with git repositories, CI or CD pipelines, monitoring tools, container orchestrator, etc.

Fliar Intelligence Index™ 50how this company ranks against its industry peers
Growth
top 35%
Funding
top 38%
Tech
top 44%
Talent
bottom 49%
Market
bottom 43%
Global
bottom 39%
Growth: Fresh capital in last 24 mo
Funding: Raised $20.0M across 3 rounds · 3 rounds over 6 yrs (0.5/yr) · Last round Series A (Dec 2024)
Tech: 32 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services · Observability: Sentry
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • Dec 2024Series A$2.2M
  • Mar 2022Series A$15M
  • Nov 2020Seed$5M
Founders & team
John LabanCEO & Co-Founder
Investors
MKT1, Threshold, Webb Investment Network, S28 Capital, Vertex Ventures, Union Capital
Tech stack
Amazon S3Amazon Web ServicesApple Icloud MailCdnjsChili PiperCloudflare
#9
Series C · Toronto, Ontario · founded 2006 · 1413 employees
$920.1Mraised

Cloud based platform for remote access software. It stores passwords and provides document storage. It allows the user to control what information to make visible, delegate management roles, and get comprehensive usage reports. It offers features such as password manager, access management, two factor authentication, passkeys, and more. The app supports Mac, Windows, Android, iOS, and the web. The customers include Today, BBC, CNN, and Mashable.

Fliar Intelligence Index™ 83how this company ranks against its industry peers
Tech
top 21%
Market
top 22%
Moat
top 26%
Funding
top 27%
Customers
top 31%
Innovation
top 32%
Tech: 63 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Nginx
Market: 1,413 employees (top 2% of Enterprise Infrastructure) · Top-100,000 web property · Unicorn (valued $6.8B)
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Audience (LinkedIn): 119k LinkedIn followers — 17.9% of this cohort's audience
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • Dec 2021Series C$620M
  • May 2021Series B$100.1M
  • Nov 2019Series A$200M
Founders & team
David TeareCo-FounderRoustem KarimovFounderDavid FaugnoCEO
Investors
Accel, Slack, Skip Capital, Sound Ventures, Iconiq Capital, Tiger Global Management
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesAtlassian StatuspageBabel
#10
Series A · Toronto, Ontario · founded 2021 · 47 employees
$10.1Mraised

Offering cyber risk and vulnerability assessment solutions. It is a B2B SaaS cybersecurity platform that leverages Artificial Intelligence to rapidly identify, evaluate, predict, and resolve cyber issues for employees.

Fliar Intelligence Index™ 37how this company ranks against its industry peers
Growth
top 35%
Moat
top 38%
Funding
top 40%
AI
top 45%
Talent
bottom 49%
Tech
bottom 47%
Growth: Fresh capital in last 24 mo
Moat: Editorial + unicorn rating 7/10 · IP moat: 2 patents
Funding: Raised $10.1M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Series A (Jul 2024)
Audience (LinkedIn): 5k LinkedIn followers
Funding rounds
  • Jul 2024Series A$7.2M
  • Oct 2022Seed$2.9M
Founders & team
Claudette McGowanChief Executive Officer
Investors
BCE, Sandpiper Ventures, Export Development Canada, BKR Capital, Firehood, Graphite Ventures
Tech stack
Amazon Web ServicesBootstrapCloudflareCloudflare Bot ManagementCore-JsGoogle Analytics
#11
Series B · Toronto, Ontario · founded 2019 · 49 employees
$93.4Mraised

Provider of schema management and validation tools for API development. It offers a platform for schema distribution, discovery, and documentation. The platform provides tools for local Protobuf development and API evolution validation. It also generates SDKs and API documentation, and performs policy checks. The company provides open-source projects, including RPC frameworks and semantic validation libraries.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Activity: 2 product launches announced in 12 mo
Funding rounds
  • Dec 2021Series B$68M
  • Apr 2021Series A$20.7M
  • Sep 2020Seed$3.7M
  • May 2020Seed$1M
Founders & team
Peter EdgeFounder & CEO
Investors
Addition Capital, Lightspeed Venture Partners, Garage Capital, Lux Capital, Haystack, Tiger Global Management
Tech stack
Amazon S3Amazon Web ServicesApple Icloud MailCloudflareCloudflare Bot ManagementCore-Js
#12
Funding Raised · Toronto, Ontario · founded 2017
$14.6Kraised

Provider of continuous security testing platform and related security services. The company offers penetration testing, application security testing, and cloud and infrastructure security testing. Governance, risk, and compliance services are also available. The company focuses on security and privacy by design. It provides continuous visibility of cybersecurity risks, technical debt reduction, and remediation guidance.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers
Funding rounds
  • Feb 2026Grant (prize money)$14.6K
Investors
Cybersecure Catalyst
Tech stack
WordpressMysqlPhpBootstrapWpbakeryYoast Seo

Funding & investor landscape

$1.7Btotal disclosed funding
68companies funded
147disclosed rounds
1rounds last 90 days
Most active investors
MaRS Discovery District10 rounds
Y Combinator10 rounds
OneEleven6 rounds
BDC5 rounds
MaRS IAF5 rounds
Ontario Centre of Innovation5 rounds
The DMZ5 rounds
UTEST5 rounds
Export Development Canada4 rounds
Good News Ventures4 rounds

Notable founders

Mattia Montagna
Co-Founder & CEO · Quantum Bridge Technologies
Avery Pennarun
Co-founder and CEO · Tailscale
David Crawshaw
Co-Founder · Tailscale
Alain Ghiai
Founder & CEO · Sekur Private Data
Kevin Michael
Co-Founder & CEO · Tempo
Alwar Pillai
Co-Founder & CEO · Fable
Tony Busseri
CEO | President | Board Director · Route1
John Laban
CEO & Co-Founder · OpsLevel
David Teare
Co-Founder · 1Password
Roustem Karimov
Founder · 1Password
Claudette McGowan
Chief Executive Officer · Protexxa
Peter Edge
Founder & CEO · Buf
Prism market signals · Canada · country-scoped Prism corpus, 440,083 docs

Market landscape — 10 sub-themes by coverage

Share of Enterprise Infrastructure coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH IN TORONTO · Networking & Security

How research on Cloud Computing in Toronto is moving

A read on the academic research around Cloud Computing in Toronto — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 77 papers.

Toronto's University of Toronto and Toronto Metropolitan University lead cloud-computing research focused on IoT, resource management, and data security, with a cautiously optimistic tone (mean stance 0.53).

77 papers · stance +0.53 · 57% breakthrough · 19% concern
breakthrough · advancement · concern
top institutions
  • University of Toronto58
  • Toronto Metropolitan University14
  • Toronto Zoo2
  • Toronto Dementia Research Alliance2
  • Toronto Rehabilitation Institute1
leading researchers
Baochun Li · Ben Liang · Min Dong · Boyang Wang · Hui Li · Alberto Leon‐Garcia
prism intelligence · tone & topics
88% positive · 4% critical tone
Software DevelopmentComputer ScienceTelecommunicationsMachine LearningArtificial IntelligenceEnvironment
Breakthroughs39 · 51%
▼ 58%→49% share
▼0.8× share momentum8 median citations51% since 2021mostly methods-led
Distributed computing dominates breakthroughs, rising to 10 papers, while Point cloud, Key, and Mobile device emerge as brand-new sub-topics.
rising sub-themes (early→recent)
  • Distributed computing10
  • Computer security5
  • Server5
  • Audit4
  • Scalability4
Newly emergingPoint cloud 0→3 · Key (lock) 0→3 · Mobile device 0→3
Landmark On-the-fly multiparty computation on the cloud via multikey fully homomorphic encryption · 899 cites
Advancements16 · 21%
▼ 21%→20% share
▲1.0× share momentum83 median citations50% since 2021mostly methods-led
Distributed computing leads advancements at 4 papers, with Task management and Computer network each contributing 3.
rising sub-themes (early→recent)
  • Distributed computing4
  • Task (project management)3
  • Computer network3
  • Backhaul (telecommunications)2
  • Beamforming2
Landmark Sparse Beamforming and User-Centric Clustering for Downlink Cloud Radio Access Network · 416 cites
Concerns13 · 17%
▲ 17%→20% share
▲1.2× share momentum3 median citations62% since 2021mostly position pieces
Concern share grew 17%→20%; Aerosol, Analytics, and Operating system each rising to 2 papers signals broadening risk areas.
rising sub-themes (early→recent)
  • Aerosol2
  • Analytics2
  • Operating system2
  • Alliance2
  • Mandate2
Landmark Can homomorphic encryption be practical? · 980 cites

Common questions

How many Enterprise Infrastructure companies are there in Toronto, Canada?
Radar tracks 270 indexable Enterprise Infrastructure companies headquartered in Toronto, Canada that meet our profile-completeness bar.
What is the total funding raised by Enterprise Infrastructure companies in Toronto, Canada?
The Enterprise Infrastructure companies in Toronto, Canada on this list have raised a combined $1.7B in disclosed equity funding across 68 funded companies.
Which is the highest-funded Enterprise Infrastructure company in Toronto, Canada?
1Password is the highest-funded Enterprise Infrastructure company in Toronto, Canada, with $920.1M in disclosed equity funding.
How many Enterprise Infrastructure companies in Toronto, Canada are funded?
68 of the 270 Enterprise Infrastructure companies in Toronto, Canada on this list have disclosed at least one equity funding round.
How many Enterprise Infrastructure unicorns are there in Toronto, Canada?
2 Enterprise Infrastructure companies in Toronto, Canada on this list are valued at $1B or more.
Who are the top investors in Toronto, Canada Enterprise Infrastructure companies?
The most active investors in Toronto, Canada Enterprise Infrastructure companies on this list include MaRS Discovery District, Y Combinator, OneEleven, BDC, MaRS IAF.
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.

Coming soon