Best GRC Software Companies in Toronto, Canada
The 71 best GRC Software companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Intelex.
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 Toronto
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | 3rd Wave Cloud-based global trade management software | — | — | 37 | — | — | Top 50M | — |
| 2 | Abliminal Identity verification & cyber risk tools for financial institutions | — | — | — | Thomas Davies CEO | — | — | — |
| 3 | Adaptive Finance Technologies Provider of AI-driven investment management solutions | — | — | — | Edward Tang Co-Founder | — | — | — |
| 4 | Afterdata Company Data catalog management solution | — | — | 9 | Daniel Zhang Co-Founder & COO | — | — | — |
| 5 | AI Risk AI powered risk and audit management platfrom | — | — | — | Claudiu Popa Founder | — | — | — |
| 6 | APEXA Compliance management for insurance industry | — | — | 27 | — | HubSpot CMS HubAmazon Web ServicesHubSpot Cookie Policy Banner+12 | Top 5M | — |
| 7 | Atrion International EH&S and risk management solutions | — | — | — | Patrick Lavoie CEO | — | — | — |
| 8 | ChainWatch AML & CTF compliance solutions | — | — | — | Marko Hafez Co-Founder & President | — | — | — |
Top 12 GRC Software companies in Toronto
#1
Series B · Toronto, Ontario · founded 2016 · 330 employees$60.5Mraised▾
Provider of health data integration solutions for the healthcare industry. It aims to enhance health by providing solutions that allow organizations to access, transform, store, enrich, analyze, aggregate, and share health information. It allows users to access analytics on measures, gap in care, clinical decision support, population analytics, and more.
- Feb 2025Conventional Debt$10.5M
- Jan 2023Series B$30M
- Aug 2021Series A$20M
#2
Public · Toronto, Ontario · founded 2008 · 148 employees$21.3Mraised▾
Platform offers software for credit risk management. It offers a solution that enables banks and financial institutions to manage business credit risks by connecting with SMEs, brokers, and data providers. It uses artificial intelligence and analytics to qualify borrowers based on their financial profiles.
- Mar 2025Post IPO$2.5M
- Dec 2023Post IPO$3.4M
- Jun 2023Post IPO$500K
- Jun 2023Post IPO$223.6K
#3
Acquired · Toronto, Ontario · founded 2021 · 4 employees$16.3Mraised▾
Provider of an AI platform for data and analytics solutions. The platform delivers data governance and context across the entire data stack. It offers features such as AI-powered search, data cataloging, data lineage, and data quality monitoring. The platform also provides tools for data documentation, access requests, and policy enforcement.
- Sep 2023Series A$14M
- Oct 2021Seed$2.2M
- Sep 2021Seed$125K
#4
Series B · Toronto, Ontario · founded 2015 · 118 employees$65.1Mraised▾
Platform for energy asset management, emissions monitoring, and environmental health and safety. It offers enterprise asset management and optimization, maintenance scheduling, and mobile field services. The platform provides solutions for regulatory air and GHG reporting, voluntary emissions reporting, emissions measurement and response, emissions assurance and verification, and corporate emissions strategy. It also supports permit and document management, environmental compliance, health and safety, quality management and optimization, and volumetric management and accounting. The platform caters to upstream oil and gas, midstream oil and gas, refineries, petrochemicals, utilities, and CCUS industries.
- Mar 2022Series B$43M
- Mar 2020Series A$15M
- Oct 2018Seed$7M
- 2016Seed$120K
#5
Series A · Toronto, Ontario · founded 2015 · 64 employees$29.2Mraised▾
Provider of AI-powered sustainability intelligence platform for investors and corporations. It automates sustainability analysis, turning unstructured information into structured insights aligned with regulations and frameworks. The platform supports ESG strategies, benchmarking, compliance, due diligence, and portfolio monitoring. It identifies risks and opportunities, integrating with existing tools for seamless workflows and customized data solutions.
- Mar 2022Series A$24M
- Mar 2022Venture Debt—
- Feb 2021Seed$5.1M
#6
Seed · Toronto, Ontario · founded 2021 · 16 employees$5.3Mraised▾
Provider of API-based credit risk signals for banks and credit institutions. It provides users with a platform that offers a solution that enables businesses to obtain credit data and risk signals of small and medium-sized businesses by collecting data points across transactions, payments, and behaviour.
- Feb 2023Seed$600K
- Oct 2022Seed$1.2M
- Apr 2022Seed$3.5M
#7
Acquired · Toronto, Ontario · founded 1992 · 499 employees$122.5Mraised▾
Intelex is an environment health & safety software for the manufacturing industry. The product is an EHS & quality management platform and the features of the product include business analytics, EHSQ community, supplier management, root cause analysis, electronic signatures, image mapping, document control, etc. The application of the product is in industries such as manufacturing, automotive, construction, retail, education, etc. The clientele includes Volvo, Nestle, Virgin Atlantic, American Electric Power, StandardAero, Altalink, etc.
- Aug 2015PE$122.5M
#8
Series A · Toronto, Ontario · founded 2017 · 66 employees$11Mraised▾
Online financial advisory platform for investments. It offers services for investment comparisons, preparing compelling proposals, tracking compliance checkpoints, and more.
- Jun 2022Series A$11M
#9
Seed · Toronto, Ontario · founded 2017 · 24 employees$11.2Mraised▾
Provider of cloud based web application security solutions. It offers a privacy rights management platform that helps enterprises and SaaS software vendors comply with data privacy regulations, such as GDPR. The platform automates privacy compliance for data subjects, processors, and controllers while eliminating manual processes and providing real-time views into enterprise privacy-related data across all applications. It can also predict risks and mitigate penalties bypassing data-use restrictions downstream to enterprise systems and third-party applications. Available both on-premise and in the cloud.
- Feb 2022Seed$11M
- Jul 2021Seed$2.5M
#10
Acquired · Toronto, Ontario · founded 2018 · 41 employees$6.4Mraised▾
Third party risk management software for enterprises. It allows users to share compliance information, automate security questionnaires, and accelerate sales. It enables users to send and respond to security questionnaires. It also allows users to send security questionnaires to vendors and monitor a network of tools
- Sep 2022Seed$6.4M
#11
Series A · Toronto, Ontario · founded 2019 · 31 employees$3.5Mraised▾
Developer of PII identification, de-identification, and data anonymization software. The company provides tools for identifying and redacting personally identifiable information from various data types. Its technology supports on-premise and cloud deployments. The company's solutions help organizations comply with privacy regulations.
- Nov 2022Series A$8M
- Sep 2021Seed$3.1M
- Seed$120K
#12
Acquired · Toronto, Ontario · founded 2000 · 346 employees$24Mraised▾
Resolver is an integrated GRC for enterprises. Its application areas include risk management, internal audit, compliance, risk assessment, incident management and others. It serves to various industries like healthcare, financial services, manufacturing etc. It serves to 1000 + clients including Citi, Air Canada, Walmart, Bank Financial Group etc. It was acquired by the PE firm Kass in 2015.
- Jun 2017Series B$20M
- Mar 2016Series B$4M
- Oct 2006Series B$4.4M
- Jan 2005Series B$3.8M
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.