Radar Companies Facility Management Tech · Toronto
Radar · Facility Management Tech in Toronto

Best Facility Management Tech Companies in Toronto, Canada

The 61 best Facility Management Tech companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ecobee.

61companies tracked
$468.5Mdisclosed funding
0unicorns
19have raised

Ranked: Best Facility Management Tech companies in Toronto

#CompanyDisclosed fundingLast roundStageEmployeesFounderTech stackPatents & IP focusRecent signals
1ecobee
Manufacturer of smart thermostats, sensors, cameras, and security system bundles
78AI top 15%Customers top 19%Tech top 23%Patents top 33%
All 13 signals ▾
AItop 15%
Customerstop 19%
Techtop 23%
Patentstop 33%
Fundingtop 34%
Producttop 36%
Markettop 37%
Moattop 38%
Talenttop 38%
Innovationtop 42%
Growthbottom 48%
Globalbottom 42%
Newsbottom 24%
AI: Holds AI/ML patents (G06N-family CPC)
Customers: Play-Store rating 4.30★ across 39,875 ratings (2 apps) · Review volume +45% in 6 mo
rank vs industry peers · Fliar Intelligence Index 78/100
$155M97 mo agoAcquired520Oksana Lvova
Ceo
Amazon WebstoreContentfulApple iCloud Mail+3782 patents
Residential smart energy management and integrated home automation (thermostats, lighting, cameras).
1 job opening
2iLobby
Provider of SaaS-driven hardware and software solution for visitor management
55Innovation top 20%Moat top 22%Funding top 39%Product top 40%
All 9 signals ▾
Innovationtop 20%
Moattop 22%
Fundingtop 39%
Producttop 40%
Talentbottom 45%
Techbottom 40%
Marketbottom 39%
Globalbottom 36%
Newsbottom 22%
Innovation: 8 product lines
Moat: Editorial + unicorn rating 8/10 · Soonicorn
rank vs industry peers · Fliar Intelligence Index 55/100
$100M66 mo agoSeries A71Ariel Mashiyev
CEO
EnvoyAzureAlpine.js+10
3Fiix
Cloud-based CMMS software for commercial spaces
67Tech top 30%Product top 33%Innovation top 35%Funding top 36%
All 11 signals ▾
Techtop 30%
Producttop 33%
Innovationtop 35%
Fundingtop 36%
Moattop 37%
Patentstop 40%
Growthtop 45%
AItop 45%
Markettop 48%
Customersbottom 46%
Globalbottom 36%
Tech: 51 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services
Product: 5 distinct product lines · 1 published app (97.9k installs)
rank vs industry peers · Fliar Intelligence Index 67/100
$52M89 mo agoAcquired192WordPressMySQLSalesforce+3711 patents
AI-driven predictive maintenance and inventory optimization for enterprise asset management
4Encycle
Provider of wireless energy management solutions
24Funding top 35%Moat top 37%Product top 40%Patents top 49%
All 10 signals ▾
Fundingtop 35%
Moattop 37%
Producttop 40%
Patentstop 49%
Talentbottom 49%
Innovationbottom 43%
Globalbottom 43%
Marketbottom 37%
Techbottom 25%
Newsbottom 22%
Funding: Raised $45.7M across 8 rounds · 8 rounds over 15 yrs (0.5/yr)
Moat: Editorial + unicorn rating 7/10 · IP moat: 18 patents
rank vs industry peers · Fliar Intelligence Index 24/100
$46M61 mo agoSeries C30Robert Chiste
Chairman and CEO
18 patents
Intelligent HVAC control and fault detection via smart thermostat orchestration
2 job openings
5Parity
Platform for reducing energy consumption
48Product top 30%Funding top 32%Innovation top 34%Talent top 38%
All 9 signals ▾
Producttop 30%
Fundingtop 32%
Innovationtop 34%
Talenttop 38%
Moattop 39%
Techbottom 45%
Marketbottom 36%
Globalbottom 36%
Newsbottom 21%
Product: 6 distinct product lines · Company stage: Series B
Funding: Raised $35.7M across 6 rounds · 6 rounds over 7 yrs (0.9/yr)
rank vs industry peers · Fliar Intelligence Index 48/100
$36M24 mo agoSeries B23Brian MacLeod
Co-Founder
1 expansion
6Xandar Kardian
Provider of radar-based sensors for detecting human presence
$24M54 mo agoSeries A36Sung Cho
Co-Founder
WordPressMySQLPHP+31
7ThoughtWire
Provider of IoT predictive maintenance platform
$22M72 mo agoSeries A64Dale Hall
Executive VP & Co-Founder
32 patents
Semantic data integration and sharing platform for enterprise software systems
8Lane
Cloud-based software solution for workplace management
$10M72 mo agoAcquired58
9Adaptis
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
$5M14 mo agoSeed19Sheida Shahi
Co-Founder & CEO
WixSentryBootstrap+12
10energyX Solutions
Energy audit app for energy service companies
$5M70 mo agoAcquired12
11Mero Technologies
Provider of sensor for cleaning management
$4M41 mo agoSeed35Nathan Mah
Co-Founder & CEO
WebflowApple iCloud MailGoogle Workspace+22
12Edgecom Energy
AI-powered energy management software
27Talent top 38%AI top 45%Funding bottom 49%Tech bottom 37%
All 6 signals ▾
Talenttop 38%
AItop 45%
Fundingbottom 49%
Techbottom 37%
Globalbottom 37%
Marketbottom 27%
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 27/100
$4M17 mo agoSeed22Mostafa Salehi
Co-Founder
WordPressMySQLRedis+201 launch
13Nanoleaf
Energy efficient lightbulbs
$3M123 mo agoAcquired95Tom Rodinger
Chief Technology Officer and Cofounder
Cart FunctionalityShopifyRoute+33
14Numze
On-demand marketplace for hiring security guards
$1M80 mo agoSeed2Ron Hazell
Founder
15OpenUnit
SaaS-driven facility management software for storage facilities
$1M61 mo agoSeed1Lucas Playford
Co-Founder
RubyTailwind CSSRuby on Rails+13
16SensorSuite
Cloud-based building energy management solution
$550K104 mo agoSeries A13

Top 12 Facility Management Tech companies in Toronto

#1
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
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
#2
Seed · Toronto, Ontario · founded 2016 · 22 employees
$3.7Mraised

AI-powered energy management software. It provides AI-powered energy management software solutions to large energy consumers, enabling them to reduce energy costs and emissions through predictive analytics and IoT-based monitoring.

Fliar Intelligence Index™ 27how this company ranks against its industry peers
Talent
top 38%
AI
top 45%
Funding
bottom 49%
Tech
bottom 37%
Global
bottom 37%
Market
bottom 27%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
AI: Product described with: ai-powered
Funding: Raised $3.7M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) · Last round Seed (Jan 2025)
Audience (LinkedIn): 5k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • Jan 2025Seed$2.5M
  • Dec 2024Seed$1.2M
Founders & team
Mostafa SalehiCo-FounderBehdad BahramiCo-Founder & CEO
Investors
ABB, GreenSky
Tech stack
Apache Http ServerDebianElementorGoogle CloudGoogle Cloud CdnGoogle Workspace
#3
Series B · Toronto, Ontario · founded 2018 · 23 employees
$35.7Mraised

Platform for reducing energy consumption. It monitors the consumption of gas and electricity by connecting to the building via the cloud and optimizes the mechanical systems. It provides real-time energy data and allows tracking of monthly savings through energy reports.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Product
top 30%
Funding
top 32%
Innovation
top 34%
Talent
top 38%
Moat
top 39%
Tech
bottom 45%
Product: 6 distinct product lines · Company stage: Series B
Funding: Raised $35.7M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) · Last round Series B (Jun 2024)
Innovation: 6 product lines
Audience (LinkedIn): 8k LinkedIn followers — 2.8% of this cohort's audience
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
  • Jun 2024Series B$19M
  • Oct 2023Conventional Debt$4M
  • Oct 2022Series B$8M
  • Dec 2020Series A$5M
Founders & team
Brian MacLeodCo-FounderBrad PilgrimCo-founder - CEO
Investors
RET Ventures, Wyse, New York State, ArcTern Ventures, SVB, Idealist Capital
Tech stack
Master SliderWordpressMysqlPhpBootstrapAnimate.Css
#4
Acquired · Toronto, Ontario · founded 2007 · 520 employees
$155Mraised

Manufacturer of smart thermostats, sensors, cameras, and security system bundles. The company provides smart thermostats with accessories, air filter subscriptions, and power extender kits. It offers smart sensors for rooms, doors, and windows. The company also manufactures wired smart doorbell cameras and smart cameras with voice control. In addition, the business provides home security bundles and smart security subscriptions.

Fliar Intelligence Index™ 78how this company ranks against its industry peers
AI
top 15%
Customers
top 19%
Tech
top 23%
Patents
top 33%
Funding
top 34%
Product
top 36%
AI: Holds AI/ML patents (G06N-family CPC)
Customers: Play-Store rating 4.30★ across 39,875 ratings (2 apps) · Review volume +45% in 6 mo · Marquee-customer mentions: top 30% of tracked companies
Tech: 63 technologies across 6/8 capability areas · Cloud: Amazon Ses, Amazon Web Services · Devops: Envoy, Nginx
Audience (LinkedIn): 38k LinkedIn followers — 13.3% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Staff Product Manager - Energy Devices, Lead Marketing Manager
Funding rounds
  • May 2018Series C$36.3M
  • Mar 2018Series C$61M
  • Dec 2016Series C$267K
  • Aug 2016Series C$35M
Founders & team
Oksana LvovaCeoMark MalchiondoCo-founder and VP Software Engineering
Investors
Relay Ventures, Energy Impact Partners, Thomvest Ventures, Northleaf, Export Development Canada, AGL
Tech stack
AffirmAmplitudeApple Icloud MailAuraBootstrapCloudflare
#5
Series C · Toronto, Ontario · founded 2005 · 30 employees
$45.7Mraised

Provider of wireless energy management solutions. It offers enviro grid swarm logic controllers that are attached to electrical loads like air conditioning, heaters, compressors, pumps, humidifiers, dehumidifiers, to communicate and coordinate with each other and to reduce electrical demand for commercial, industrial, institutional, and multi-unit residential facilities.

Fliar Intelligence Index™ 24how this company ranks against its industry peers
Funding
top 35%
Moat
top 37%
Product
top 40%
Patents
top 49%
Talent
bottom 49%
Innovation
bottom 43%
Funding: Raised $45.7M across 8 rounds · 8 rounds over 15 yrs (0.5/yr) · Last round Series C (May 2021)
Moat: Editorial + unicorn rating 7/10 · IP moat: 18 patents · 10 curated direct competitors tracked
Product: 1 published app (80 installs) · Company stage: Series C
Audience (LinkedIn): 4k LinkedIn followers
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Sales Engineer, National Account Director
Funding rounds
  • May 2021Series C$7.5M
  • Dec 2020Series C$2.2M
  • Oct 2018Series C$4.9M
  • Dec 2016Series C$11.5M
Founders & team
Robert ChisteChairman and CEO
Investors
BDC, Takeda Ventures, Accel-Rx, NGEN Partners, EnerTech Capital, Export Development Canada
Tech stack
UbuntuApache Http ServerHstsDigicert
#6
Series A · Toronto, Ontario · founded 2015 · 71 employees
$100Mraised

Developer of tablet-based visitor registration and management platform designed for streamlining the management of visitors. The company's SaaS-based platform optimizes the front desk by streamlining the management of visitors and contractors with a convenient self-serve checkpoint, enabling governments, banks, airports and retailers to improve operational efficiency and enhance branding.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Innovation
top 20%
Moat
top 22%
Funding
top 39%
Product
top 40%
Talent
bottom 45%
Tech
bottom 40%
Innovation: 8 product lines
Moat: Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $100M · 1 rounds over 5 yrs (0.2/yr) · Last round round (Jan 2021)
Founders & team
Ariel MashiyevCEO
Investors
Insight Partners
#7
Series A · Toronto, Ontario · founded 2005 · 36 employees
$23.6Mraised

Provider of radar-based sensors for detecting human presence. The platform provides a radar system that detects the micro-vibrations created by humans during breathing. The features of the product include vital sign monitoring, fall detection, image processing, privacy protection, security and service optimization, energy-saving, and more.

Funding rounds
  • Dec 2021Series A$10M
  • Dec 2019Seed$3M
  • Apr 2018Seed$650K
Founders & team
Sung ChoCo-Founder
Investors
Phoenix Venture Partners, Portfolia, Taronga Ventures, The Longevity Fund, Saltagen Ventures, Upward
#8
Seed · Toronto, Ontario · founded 2017 · 35 employees
$4.3Mraised

Mero provides advanced sensing systems for managing cleaning in commercial facilities. Uses sensors to detect the need for cleaning supplies.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Funding rounds
  • Jan 2023Grant (prize money)$1.5M
  • Aug 2021Seed$3.6M
  • Feb 2020Seed$150K
  • Seed$700K
Founders & team
Nathan MahCo-Founder & CEOCole MacDonaldCo-Founder
Investors
Canada, Fresco Capital, 500 Global, The DMZ, ventureLAB, Seeders
Tech stack
Amazon S3Amazon Web ServicesApple Icloud MailCloudflareCloudflare Bot ManagementCore-Js
#9
Acquired · Toronto, Ontario · founded 2008 · 192 employees
$52Mraised

Cloud-based CMMS software for commercial spaces. It helps businesses organize and schedule their maintenance activities. Helps facility managers in tracking work orders, maintaining a work calendar, asset management, creating purchase requests, managing environmental, health, and safety standards data, etc. It helps in reducing equipment outages and optimizing maintenance costs. Also offers similar solutions through a mobile application for remote monitoring.

Fliar Intelligence Index™ 67how this company ranks against its industry peers
Tech
top 30%
Product
top 33%
Innovation
top 35%
Funding
top 36%
Moat
top 37%
Patents
top 40%
Tech: 51 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services · Devops: Envoy, Nginx
Product: 5 distinct product lines · 1 published app (97.9k installs) · Company stage: Acquired
Innovation: 11 patents (top 54% of patent-holders) · 10 filings since 2022 vs 1 in 2017-21 · 5 product lines
Audience (LinkedIn): 20k LinkedIn followers — 7.0% of this cohort's audience · 17 engagements/post (4.2× cohort median)
Funding rounds
  • Jan 2019Series C$40M
  • May 2018Series B$12M
  • 2016Series A
  • Mar 2016Series A$5M
Investors
BuildGroup, Georgian, MaRS IAF, MaRS Discovery District, Velocity, The DMZ
Tech stack
AhrefsAmazon Web ServicesBabelCdnjsCloudflareCloudflare Bot Management
#10
Series A · Toronto, Ontario · founded 2009 · 64 employees
$22Mraised

ThoughtWire is the provider of Ambiant IIoT, a platform that provides real-time guidance to users enabling them to predict and resolve issues. It is applied to develop self-optimizing production lines for reducing downtime and preventing machine failures. Applications are in the areas of smart buildings, cities, and hospitals. Clientele and industry partners include Hamilton Health Sciences, IBM, McKesson, Ontario Shores, OXFORD, Plan Group, South Lake, William Osler Health System, Hitachi among others.

Funding rounds
  • Jun 2020Conventional Debt$8.5M
  • Mar 2018Conventional Debt
  • Mar 2018Series A$20M
  • Sep 2017Grant (prize money)$955K
Founders & team
Dale HallExecutive VP & Co-Founder
Investors
Canadian Business Growth Fund, Yaletown, BDC, Export Development Canada, Greensoil PropTech Ventures, FedDev Ontario
Tech stack
WordpressMysqlPhpGoogle MapsAstraWpforms
#11
Acquired · Toronto, Ontario · founded 2014 · 58 employees
$10Mraised

Cloud-based software solution for workplace management. It streamlines building operations and automates tasks. It enables users to users to store tenant handbooks, register guests, manage visitors, respond to maintenance issues, assign & book common amenities, communicate with the office community, send & receive notifications, create forums, send event invites, feature local vendors, and more. Its app is available for iOS and Android phones.

Funding rounds
  • Jun 2020Series A$7.5M
  • May 2019Seed$2.5M
Investors
Alate Partners, Panache Ventures, Colliers Proptech Accelerator, Round13, Techstars, Clanton Capital
Tech stack
WordpressMysqlPhpWistiaVarnishYoast Seo Premium
#12
Acquired · Toronto, Ontario · founded 2016 · 12 employees
$5Mraised

Energy audit app for energy service companies. It is designed to provide homes and small-medium businesses with actionable results in less than 15 minutes by using a proprietary algorithm and building profiles to predict the building upgrades and retrofits that will save customers the most on current energy bills.

Funding rounds
  • Aug 2020Seed$748K
  • Jul 2019Seed$500K
  • Jan 2019Seed$376.9K
  • Sep 2018Seed$1.3M
Investors
MaRS IAF, Globalive Capital, Impact Investment Partners, Armco Capital, Verstra Ventures, L-Spark
Tech stack
Squarespace CommerceSquarespaceYoutubeStimulusLinkedin AdsGoogle Tag Manager

Funding & investor landscape

$468.5Mtotal disclosed funding
20companies funded
58disclosed rounds
0rounds last 90 days
Most active investors
MaRS Discovery District6 rounds
BDC5 rounds
Accelerator Centre3 rounds
Export Development Canada3 rounds
Greensoil PropTech Ventures3 rounds
MaRS IAF3 rounds
Sustainable Development Technology Canada3 rounds
The DMZ3 rounds
Canadian Technology Accelerator2 rounds
L-Spark2 rounds

Notable founders

Sheida Shahi
Co-Founder & CEO · Adaptis
Aida Mollaei
Co-Founder · Adaptis
Mostafa Salehi
Co-Founder · Edgecom Energy
Behdad Bahrami
Co-Founder & CEO · Edgecom Energy
Brian MacLeod
Co-Founder · Parity
Brad Pilgrim
Co-founder - CEO · Parity
Oksana Lvova
Ceo · ecobee
Mark Malchiondo
Co-founder and VP Software Engineering · ecobee
Robert Chiste
Chairman and CEO · Encycle
Ariel Mashiyev
CEO · iLobby
Sung Cho
Co-Founder · Xandar Kardian
Nathan Mah
Co-Founder & CEO · Mero Technologies
Prism market signals · Canada · country-scoped Prism corpus, 8,660,875 docs

Market landscape — 10 sub-themes by coverage

Share of Facility Management Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Facility Management Tech companies are there in Toronto, Canada?
Radar tracks 61 indexable Facility Management Tech companies headquartered in Toronto, Canada that meet our profile-completeness bar.
What is the total funding raised by Facility Management Tech companies in Toronto, Canada?
The Facility Management Tech companies in Toronto, Canada on this list have raised a combined $468.5M in disclosed equity funding across 20 funded companies.
Which is the highest-funded Facility Management Tech company in Toronto, Canada?
ecobee is the highest-funded Facility Management Tech company in Toronto, Canada, with $155M in disclosed equity funding.
How many Facility Management Tech companies in Toronto, Canada are funded?
20 of the 61 Facility Management Tech companies in Toronto, Canada on this list have disclosed at least one equity funding round.
How many Facility Management Tech unicorns are there in Toronto, Canada?
None of the Facility Management 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 Facility Management Tech companies?
The most active investors in Toronto, Canada Facility Management Tech companies on this list include MaRS Discovery District, BDC, Accelerator Centre, Export Development Canada, Greensoil PropTech Ventures.
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