Best GRC Software Companies in British Columbia, Canada
The 50 best GRC Software companies in British Columbia, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Trulioo.
Our analysis of 50 GRC Software companies
$4.6b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best GRC Software companies in British Columbia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Trulioo 🦄 Provider of online identity verification services for KYC, KYB, and AML 74AI top 20%Funding top 27%Product top 28%Market top 31% All 12 signals ▾AItop 20% Fundingtop 27% Producttop 28% Markettop 31% Moattop 32% Innovationtop 37% Techtop 37% Patentstop 41% Partnerstop 41% Globaltop 42% Newsbottom 46% Growthbottom 32% AI: Classified as an AI company Funding: Raised $477M across 6 rounds · 6 rounds over 14 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 74/100 | $477M | 62 mo ago | Series D | — | 2011 | WordPressMySQLPHP+18 | 1 launch · 1 expansion |
| 2 | Galvanize Vulnerability and threat management platform | $50M | 103 mo ago | Acquired | — | 1987 | WordPressMySQLPHP+37 | — |
| 3 | Owl Technologies KYC solutions for banks and insurance companies | $40M | 57 mo ago | Series B | Sean Merat Co-Founder & CEO | 2018 | Apple iCloud MailGoogle WorkspaceNode.js+25 | 2 awards |
| 4 | FINCAD Financial analytics and risk management software provider | $12M | 87 mo ago | Acquired | Mark D’Arcy President & CEO | 1990 | — | — |
| 5 | Fatigue Science Provider of sleep analyzing and tracking wearable devices | $11M | 78 mo ago | Series A | Andrew Morden CEO | 2006 | HubSpot CMS HubSentrySalesforce+26 | 3 partnerships |
| 6 | QuIC Financial Technologies Risk management and analytics suite | $10M | 246 mo ago | Acqui-Hired | Nigel Cairns ex-CEO | 1998 | — | — |
| 7 | Salus Cloud-based compliance management platform for businesses | $6M | 31 mo ago | Series A | Rob Clifford Co-Founder & CTO | 2018 | Apple iCloud MailGoogle WorkspaceNode.js+24 | — |
| 8 | Styx Intelligence Cloud and AI based digital risk management software provider | $2M | 16 mo ago | Seed | — | 2020 | WordPressMySQLPHP+11 | — |
| 9 | BlackIce Risk Technologies Risk management solution for banks and financial institutions | $2M | 102 mo ago | Public | Judy Kalyan CEO & Chairman | 2008 | — | — |
| 10 | Aprio Board Portal Cloud-based board meeting management software provider | $1M | 93 mo ago | Seed | Ian Warner CEO & President | 2003 | WordPressUnbounceElementor+32 | — |
Top 12 GRC Software companies in British Columbia
#1
Seed · Vancouver, British Columbia · founded 2020 · 13 employees$1.9Mraised▾
Developer of a digital risk protection platform designed to protect assets against cyber attacks. The company uses artificial intelligence (AI) technology that provides visibility and supports remediation against threats targeting your digital assets and monitors public attack surface to identify any exposure of digital assets, as well as assets across the surface, deep and dark web and various channels including social networks, news media, forums and many more, enabling businesses to safeguard against the risk associated with digital transformations.
- Mar 2025Seed$1.9M
- Mar 2022Seed—
#2
Trulioo 🦄Series D · Vancouver, British Columbia · founded 2011 · 412 employees$477.2Mraised▾
Provider of online identity verification services for KYC, KYB, and AML. The company offers a platform to customize workflows with person and business verification capabilities. It helps to achieve compliance and prevent fraud. The platform delivers integration through a single token and endpoint, giving access to verification services.
- Jun 2021Series D$394M
- Sep 2019Series C$52.9M
- 2018Series B$7.3M
- Dec 2015Series B$15M
#3
Public · Vancouver, British Columbia · founded 2015$95.7Kraised▾
Risk and credit management platform for banks. It offers an open banking platform that provides a risk model as a service validating borrowers' key lending metrics banking, age, income, and historical financial data for both alternative and mainstream lenders. It also offers solutions for identity verification, risk scoring, and more.
- Jan 2025Post IPO$55.5K
- May 2024Post IPO$40.2K
#4
Series A · Vancouver, British Columbia · founded 2018 · 44 employees$5.9Mraised▾
Cloud-based compliance management platform for businesses. Its features include form creation, task automation, compliance monitoring, human error reduction, corrective action tracking, and more. It streamlines operations to automate repetitive tasks and accelerates insights in real-time, helping managers to monitor and track corrective actions.
- Dec 2023Series A$5.9M
- Nov 2023Grant (prize money)$2.6M
#5
Series B · Vancouver, British Columbia · founded 2018 · 89 employees$40Mraised▾
KYC solutions for banks and insurance companies. Offers a chatbot, which is an end-to-end encrypted, zero-knowledge system compliant with all regulations for handling sensitive data. The solution automates and streamlines the KYC process.
- Nov 2021Series B$30M
- 2020Grant (prize money)$3.5M
- Aug 2019Seed$2M
#6
Acquired · Vancouver, British Columbia · founded 1987 · 299 employees$50Mraised▾
Galvanize provides software for security, risk management, compliance, and audit. The company offers a wide range of software such as Rsam CyberBond which is threat and vulnerability management platform, RiskBond which is risk management software for the enterprise, AuditBond which is software for audit professionals to manage audit workflow, and Rsam ITGRCBond which is IT risk and compliance management software.
- Dec 2017Series C$50M
#7
Series A · Vancouver, British Columbia · founded 2006 · 40 employees$11.1Mraised▾
Fatigue Science has developed wearable devices to optimize sleep and manage fatigue in athletes, military, and organizations. The company's products include ReadiBand which is a wearable device used for tracking sleep and Readi analyzes those data to predicts sleep's impact on reaction time and cognitive effectiveness.
- Feb 2020Series A$3.2M
- Feb 2019Series A$7.6M
- Oct 2009Seed$300K
#8
Acquired · Surrey, British Columbia · founded 1990 · 106 employees$12Mraised▾
FINCAD is a provider of valuation and risk measurement solutions for multi-asset, multi-currency derivative portfolios. The company provide valuation and risk that supports a range of data formats and integration methods. FINCAD analytics are fundamental quantitative tools for a wide range of activities, including: OTC derivative valuation, structuring, trading, reporting, risk measurement, regulatory compliance, collateral management, asset liability management and model validation. Also provides solutions that can assist with risk measurement projects.
- Apr 2019PE$12M
- Jan 2016Venture Debt$7M
#9
Acqui-Hired · Vancouver, British Columbia · founded 1998 · 105 employees$10Mraised▾
Risk management and analytics suite. Develops simulation, risk calculation, and pricing platform solutions for financial institutions and companies. The company offers QuIC product suite that consists of an n-dimensional vector based calculator to solve mathematical problems. Its products include QuIC Engine for desktop computers to achieve levels of performance associated with supercomputers; QuIC Script, a vector computing language to express financial solutions to the QuIC Engine; and QuIC Analytics that provides instrumentations, such as interest rate and foreign exchange derivatives, equities and commodities, hybrids, asset-backed securities, and credit derivatives.
- Jan 2006Series B$10M
#10
Public · Vancouver, British Columbia · founded 2008$1.9Mraised▾
Risk management solution for banks and financial institutions. Its solutions include Enterprise Risk Aggregation for a risk data warehouse and regulatory reporting solution, Dashboard for risk metrics and rubrics, Governance and Compliance database which helps in maintaining compliance with regulatory guidance, and Basel solution for businesses to meet compliance.
- Jan 2018Post IPO$1.9M
#11
Seed · Vancouver, British Columbia · founded 2003 · 14 employees$1Mraised▾
Aprio is a cloud-based board meeting management software provider. It offers features such as meeting preparation, board package aggregation, user permissions management, contact information management, meeting scheduling, calendar changes, meeting alerts, material management, meeting documents management, and practical training. Clients include Vancity, VyStar, Tim Hortons, Island Health, and Eldoradogold.
- Oct 2018Seed$1M
#12
Seed · Vancouver, British Columbia · founded 2019 · 6 employees—raised▾
Digital safety compliance and EHS management platform for workforce safety. It provides features such as training, safety updates and alerts, safety reward programs, digital documentation, certification management, and onboarding support. The platform allows for the management of safety related documents, such as policies, procedures, and certifications.
- May 2022Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of GRC Software coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Regtech & Compliance is moving in Canada
A read on the academic research around Regtech & Compliance — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 114 Canada-affiliated papers.
- Artificial Intelligence in Medicine9
- University of Toronto8
- Centre Hospitalier Universitaire Sainte-Justine6
- Royal Roads University5
- University of Ottawa5
- Data mining1→4
- Credit card fraud1→11
- Credit card1→8
- Computer security1→6
- Data mining1→5
- World Wide Web1→4
- Money laundering8
- Accounting5
- Financial transaction3
- Compliance (psychology)3
- Terrorism2
Where regtech 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 regtech patents in Canada
Canada regtech patent filing is accelerating — 82 filings from 37 assignees (2016–2025), led by Mastercard TECH Canada ULC, Toronto Dominion BANK, Zighra; annual filings 2→16.
- Mastercard TECH Canada ULC47
- Toronto Dominion BANK15
- Zighra10
- Rogers Communications7
- Royal BANK Of Canada5
- Element AI3
- Verafin3
- Zwicky Richard Kazimierz3
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.