Best Finance & Accounting Tech Companies in Toronto, Canada
The 96 best Finance & Accounting Tech companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Vena Marketing.
Our analysis of 100 Finance & Accounting Tech companies
$11.4b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.
Ranked: Best Finance & Accounting Tech companies in Toronto
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Vena Marketing Provider of financial planning and analysis platform for business performance 72Funding top 22%News top 30%Moat top 31%Innovation top 34% All 10 signals ▾Fundingtop 22% Newstop 30% Moattop 31% Innovationtop 34% Growthtop 37% Talenttop 38% Producttop 39% Markettop 40% Techtop 43% Globalbottom 37% Funding: Raised $385M across 6 rounds · 6 rounds over 14 yrs (0.4/yr) News: 3 BI events in 12 mo (of 24 tracked, 5 types) · Top themes: Funding, M&A rank vs industry peers · Fliar Intelligence Index 72/100 | $385M | 14 mo ago | 736 | Rishi Grover Co-Founder | HubSpot CMS HubSentryZendesk+29 | Top 1M | — | 1 award |
| 2 | Loopio AI powered RFP software | $209M | 62 mo ago | 290 | Zakir Hemraj Co-Founder & CEO | WordPress Site EditorWordPressSentry+36 | Top 5M | — | 1 launch |
| 3 | Float Streamlining business expenses and financial management 67Funding top 18%Tech top 24%Talent top 28%Moat top 40% All 7 signals ▾Fundingtop 18% Techtop 24% Talenttop 28% Moattop 40% Growthtop 45% Globalbottom 48% Marketbottom 47% Funding: Raised $202M across 4 rounds · 4 rounds over 5 yrs (0.8/yr) Tech: 66 technologies across 6/8 capability areas · Cloud: Amazon Ses, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 67/100 | $202M | 4 mo ago | — | Griffin Keglevich Co-Founder | WordPress Block EditorWordPressSentry+45 | Top 1M | — | — |
| 4 | FreshBooks 🦄 Provider of accounting software for invoicing, billing, payments, and payroll 69Tech top 18%Moat top 26%Funding top 29%Global top 31% All 12 signals ▾Techtop 18% Moattop 26% Fundingtop 29% Globaltop 31% Customerstop 33% Markettop 34% Talenttop 38% Producttop 43% AItop 45% Growthbottom 39% Fin. healthbottom 32% Newsbottom 27% Tech: 75 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services Moat: Editorial + unicorn rating 9/10 · Unicorn rank vs industry peers · Fliar Intelligence Index 69/100 | $154M | 15 mo ago | 673 | Mike McDerment Co-Founder & CEO | SentryAtlassian StatuspageApple iCloud Mail+38 | Top 500k | — | 1 partnership |
| 5 | Wave Web-based accounting software for businesses | $82M | 85 mo ago | 343 | — | WebflowYouTubeGSAP+29 | Top 100k | — | 1 launch |
| 6 | Sensibill Receipt management solutions for digital banking applications | $46M | 73 mo ago | 72 | — | — | — | — | — |
| 7 | Notch Provider of accounts receivable automation software for invoice and payment management | $33M | 41 mo ago | 63 | Diego Ferrera Co-Founder and CTO | Cart FunctionalityWebflowNginx+25 | Top 10M | — | — |
| 8 | Plooto Provider of accounts payable and accounts receivable automation software solutions | $26M | 42 mo ago | 93 | Hamed Abbasi Co-Founder & Co-CEO | HubSpot CMS HubSalesforceRxJS+28 | Top 5M | — | 1 partnership |
| 9 | Blue J Provider of an AI tax research solution for accounting professionals 64AI top 20%Talent top 28%Funding top 34%Growth top 35% All 11 signals ▾AItop 20% Talenttop 28% Fundingtop 34% Growthtop 35% Moattop 37% Techtop 40% Innovationtop 49% Globalbottom 43% Newsbottom 42% Patentsbottom 41% Marketbottom 37% AI: Classified as an AI company Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 64/100 | $16M | 10 mo ago | 54 | Brett Janssen Co-Founder & CTO | WebflowSalesloftHubSpot+28 | Top 5M | 6 patents Plate-shaped catalyst layers for fuel cell/electrolyzer electrodes | 2 job openings |
| 10 | Railz Data as a service accounting for businesses | $15M | 60 mo ago | 52 | — | ReadMeAlgoliaReact+12 | Top 50M | — | — |
| 11 | Fluence Technologies Cloud-based solution for financial data analytics | $10M | 61 mo ago | 89 | Michael Morrison CEO | PlyrEnvoyAlpine.js+10 | Top 50M | — | — |
| 12 | Una Software Provider of platform for financial planning and analysis solutions 42AI top 26%Talent top 38%Partners top 45%Funding top 46% All 11 signals ▾AItop 26% Talenttop 38% Partnerstop 45% Fundingtop 46% Moattop 48% Innovationbottom 45% Growthbottom 42% Marketbottom 40% Productbottom 39% Globalbottom 37% Newsbottom 27% AI: Classified as an AI company · Product described with: ai powered, ai-driven Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 42/100 | $10M | 4 mo ago | — | Don Mal Co-Founder & Chairman | — | — | — | — |
| 13 | DisclosureNet Disclosure Management Solution | $10M | 174 mo ago | 51 | — | — | — | — | — |
| 14 | Integral Platform offering software tools for financial management to crypto businesses | $8M | 27 mo ago | 24 | Gui Laliberte Founder & CEO | — | — | — | — |
| 15 | Mint Provider of payroll processing, card issuance, and mobile wallet financial services | $8M | 93 mo ago | — | Vishy Karamadam Chairman & CEO | — | — | — | — |
| 16 | Hubdoc Financial documents management | $5M | 108 mo ago | 100 | — | TeachableSentryZendesk+30 | Top 1M | — | — |
| 17 | Barley Cloud-based compensation management software for businesses | $4M | 39 mo ago | 10 | Jafar O Co-Founder | WebflowRubyRuby on Rails+18 | Top 50M | — | — |
| 18 | Paidiem Online workforce management software for enterprises | $4M | 49 mo ago | 13 | Richard Cromie Founder | SentryApple iCloud MailGoogle Workspace+9 | Top 50M | — | — |
| 19 | pVelocity Cost simulation & financial planning analysis software for businesses | $3M | 258 mo ago | 17 | Dale deFreitas CEO | — | — | 18 patents Enterprise data analytics platform for aggregating, visualizing, and delivering business intelligence. | — |
| 20 | Aya Provider of employee prepaid cards for healthcare payments | $3M | 67 mo ago | 19 | Chanddeep Madaan CEO and Founder | WordPressMySQLPHP+37 | Top 50M | — | — |
| 21 | Necho System Automated expense management solution. | $2M | 305 mo ago | 61 | Scott Anderson CEO & President | — | — | — | — |
| 22 | Blackspark Cloud-based tax preparation and management solutions for businesses | $2M | 51 mo ago | 3 | — | Cart FunctionalitySquarespace CommerceSquarespace+17 | Top 5M | 2 patents Automated electronic tax preparation and filing software solutions | — |
| 23 | BeniPlus Platform providing flexible employee benefits including health, wellness, and retirement options | $808K | 26 mo ago | 7 | Robert Kearns Co-Founder | Webflow EcommerceWebflowcore-js+18 | Top 50M | — | 1 launch |
Top 12 Finance & Accounting Tech companies in Toronto
#1
Series B · Toronto, Ontario · founded 2019$201.8Mraised▾
Streamlining business expenses and financial management. The company offers corporate cards, bill payment solutions, and expense management software. The platform automates bookkeeping, provides real-time spending insights, and ensures robust security. It also includes high-yield accounts to optimize cash flow. The integrated system simplifies financial processes, allowing businesses to focus on growth. Customer support is readily available through various channels.
- Jan 2026Conventional Debt$73M
- Jan 2025Series B$48.8M
- Feb 2024Conventional Debt$50M
- Nov 2021Series A$30M
#2
Series C · Toronto, Ontario · founded 2011 · 736 employees$385Mraised▾
Provider of financial planning and analysis platform for business performance. The platform offers modeling, workflows, collaboration, and a central database. It provides integrations, security, and professional services. The platform delivers financial planning and analysis, budgeting and forecasting, and capital expenditure planning. It also supports cash flow planning, workforce planning, and financial close management.
- Apr 2025Conventional Debt—
- Apr 2021Series C$241.3M
- Sep 2020Conventional Debt$25M
- Jan 2019Series C$115M
#3
Seed · Toronto, Ontario · founded 2023$10.1Mraised▾
Provider of platform for financial planning and analysis solutions. The platform offers budgeting, planning, and forecasting capabilities using native AI software. It provides tools for real-time modeling, AI powered forecasting, and commitment tracking. The platform integrates data from CRM, ERP, and other operational systems. It also offers prebuilt templates, embedded BI, and AI-driven forecasting models. The platform enables users to assign plan owners, monitor progress, and track outcomes.
- Feb 2026Seed—
- Apr 2025Seed$4.4M
- Dec 2024Seed$5.2M
- Nov 2024Seed$464.4K
#4
Series E · Toronto, Ontario · founded 2003 · 673 employees$153.8Mraised▾
Provider of accounting software for invoicing, billing, payments, and payroll. It offers tools for creating invoices, tracking expenses, managing clients, and generating financial reports. The software supports mileage tracking, time tracking, and project management. It also provides features for estimating, bookkeeping, and team management.
- Mar 2025Conventional Debt$125M
- Aug 2022Conventional Debt$100M
- Aug 2021Series E$80.8M
- Aug 2021Conventional Debt$50M
#5
Acquired · Toronto, Ontario · founded 2015 · 54 employees$16Mraised▾
Provider of an AI tax research solution for accounting professionals. The platform offers a curated database of tax resources, updated to reflect changes. It leverages tax expertise to provide oversight of algorithms. The solution is designed to be conversational, providing answers to tax questions. It helps tax experts research efficiently and communicate confidently.
- Aug 2025Series D$122M
- Dec 2024Series C—
- Aug 2021Series B$9M
- Nov 2018Series A$7M
#6
Series B · Toronto, Ontario · founded 2014 · 290 employees$209Mraised▾
Loopio provides contract management solutions for enterprises. It provides tools for businesses to generate and share contracts automatically with prospects. Its product, RFP software, provides RFP content management, collaboration, and automation solutions. It allows users to aggregate and organize content, set up content reviews, assign tasks, and track team progress. Its product, proposal software, provides proposal development and creating solutions. It allows users to create and design interactive and updated proposals. Its product, security questionnaires, provides security content aggregation and security questionnaire response automation solutions. It allows users to aggregate and store security and compliance content and eradicate FAQs sections. Its major clients are HedgeServ, BugCrowd, IBM Watson Health, and Iovation.
- Apr 2021Series B$200M
- Feb 2018Series A$9M
#7
Series A · Toronto, Ontario · founded 2015 · 63 employees$32.6Mraised▾
Provider of accounts receivable automation software for invoice and payment management. The software automates invoice processing, payment collection, and payment reconciliation. It offers features such as customer payment portals, OCR invoice scanning, and integration with accounting and ERP systems. The software aims to streamline accounts receivable workflows and accelerate payment collection.
- Jan 2023Series A$10M
- Jul 2021Series A$10M
- Apr 2018Series A$12.6M
#8
Seed · Toronto, Ontario · founded 2016 · 24 employees$8.5Mraised▾
Platform offering software tools for financial management to crypto businesses. It allows businesses to prepare real-time P&L, features automatically calculated gains and losses across tokens & instruments, even ones with compounding holding periods, synchronizing transactions and balances with the accounting software of your choice & more.
- Feb 2024Seed—
- May 2022Seed$8.5M
#9
Series B · Toronto, Ontario · founded 2015 · 93 employees$26.4Mraised▾
Provider of accounts payable and accounts receivable automation software solutions. The software simplifies payment and accounting processes for businesses. It offers features such as invoice management, online payments, and integration with accounting platforms. The platform allows for team collaboration, secure transactions, and customizable workflows.
- Dec 2022Series B$20M
- Apr 2021Series A$6.4M
- 2016Seed—
- Apr 2015Seed—
#10
Acquired · Toronto, Ontario · founded 2010 · 343 employees$82.4Mraised▾
Wave provides web-based accounting software for businesses. It features solutions for accounting to track income and expenses, invoicing to create and send invoices to customers with multiple templates, receipt scanning, mobile invoicing, recurring billing, and more. The mobile application is available on both IOS platform and the APK version.
- May 2019Series D—
- May 2017Series D$24M
- Oct 2016Series D$14.6M
- Jan 2016Series C$6.7M
#11
Acquired · Toronto, Ontario · founded 2012 · 72 employees$46.5Mraised▾
Sensibill provides receipt management solutions for mobile banking applications. Customers can capture paper receipt using the smartphone camera and forward email receipts to the service provider. It utilizes OCR and deep learning technology to structure unique data types found on receipts. It allows customers to analyze personal and business expenses.
- May 2020Conventional Debt$5M
- Jul 2019Series B$31.5M
- Mar 2017Series A$13M
- Mar 2015Seed$2M
#12
Series A · Toronto, Ontario · founded 2020 · 52 employees$15.1Mraised▾
Railz provides data as a service accounting for businesses. It features solutions for financial planning & analysis, forecasting, reports creation, valuation, accounting transaction, risk & fraud metrics, and more. It provides services to multiple sectors including banking, lending, accounting & audit, e-commerce, and more.
- Jun 2021Series A—
- May 2021Series A$12M
- 2020Seed$3.1M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Finance & Accounting Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
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.