Best HealthTech Companies in Montreal, Canada
The 196 best HealthTech companies in Montreal, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Inversago Pharma.
Our analysis of 71 HealthTech companies
$9.5b in tracked funding; 81% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best HealthTech companies in Montreal
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Inversago Pharma Peripheral cannabinoid (CB1) receptor antagonist/inverse agonist for the treatment of metabolic diseases | $115M | 44 mo ago | Series C | 25 | — | — | 20 patents Development of small‑molecule CB1 receptor antagonists and related heterocyclic drug candidates | — |
| 2 | Dialogue Cloud-based telemedicine platform for employees and patients | $88M | 70 mo ago | Acquired | 240 | — | HubSpot CMS HubBugHerdAtlassian Statuspage+29 | — | — |
| 3 | Nomic Provider of next-generation proteomics platform for drug discovery and protein analysis 60Funding top 27%Growth top 28%Talent top 28%Moat top 39% All 8 signals ▾Fundingtop 27% Growthtop 28% Talenttop 28% Moattop 39% Techtop 46% Globalbottom 43% Marketbottom 39% Newsbottom 18% Funding: Raised $63.0M across 2 rounds · 2 rounds over 6 yrs (0.3/yr) Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 60/100 | $63M | 21 mo ago | Series B | 43 | Jeff Munzar Co-Founder & CTO | WebflowSentryWistia+22 | — | 1 partnership |
| 4 | MEDFAR International Cloud-based clinical practice management system for providers 76Tech top 26%Funding top 28%Market top 37%Talent top 38% All 8 signals ▾Techtop 26% Fundingtop 28% Markettop 37% Talenttop 38% Growthtop 45% AItop 45% Globalbottom 32% Newsbottom 22% Tech: 54 technologies across 6/8 capability areas · Cloud: Azure, Cloudflare Funding: Raised $41.9M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 76/100 | $42M | 42 mo ago | Late Stage | 300 | Patrick Issid Co-Founder | WordPressApple iCloud MailGoogle Workspace+35 | — | — |
| 5 | Ability Developer of modulating biotherapeutics to address cancer and autoimmune diseases | $30M | 24 mo ago | Seed | — | Jean Buerckert Co-Founder & CTO | WordPressMySQLPHP+9 | — | 1 internship |
| 6 | Optina Provider of AI-driven clinical decision support for retinal disease diagnosis | $26M | 52 mo ago | Series A | — | Dave Anderson CEO & President | — | — | — |
| 7 | Optina Diagnostics Developer of eye-scanning devices for Alzheimer's disease | $24M | 52 mo ago | Series A | 42 | David LaPointe CEO | — | 32 patents Advanced multispectral retinal imaging and AI-driven biomarker detection for eye diagnostics | — |
| 8 | Extenway Solutions Provider of patient engagement platform for healthcare organizations | $23M | 119 mo ago | Deadpooled | 37 | John Mcallister CEO & President | — | — | — |
| 9 | OMsignal Apparel to monitor heart rate, breathing and activity | $21M | 117 mo ago | Deadpooled | 40 | — | — | 25 patents Integrated wearable textile sensors for real-time respiration and biometric monitoring | — |
| 10 | Cannara Biotech Producer of premium‐grade cannabis and cannabis‐derivative products 53Product top 14%Funding top 24%Innovation top 34%News top 34% All 9 signals ▾Producttop 14% Fundingtop 24% Innovationtop 34% Newstop 34% Moattop 39% Growthtop 47% Marketbottom 44% Techbottom 42% Globalbottom 36% Product: 5 distinct product lines · Company stage: Public Funding: Raised $17.7M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) rank vs industry peers · Fliar Intelligence Index 53/100 | $18M | 4 mo ago | Public | 54 | — | WordPressMySQLPHP+23 | — | 1 partnership |
| 11 | Reliant AI Provider of an AI platform for biopharmaceutical research and development | $11M | 21 mo ago | Acquired | — | Karl Hermann Co-Founder & CEO | WebflowVercelMicrosoft Advertising+13 | — | 1 partnership |
| 12 | Emovi Developer of a knee assessment device | $11M | 87 mo ago | Series C | 38 | Michelle Laflamme CEO & President | — | 23 patents Personalized orthopedic surgery planning using 3D kinematic imaging and simulation | — |
| 13 | Hyasynth Bio Developer of cannabinoid products intended to treat neurological disorders | $11M | 53 mo ago | Series A | 18 | Zach Wiltshire Co-Founder & COO | — | — | — |
| 14 | Clinia Provider of health-grade infrastructure delivering AI-powered search and generative experiences 48Funding top 39%Tech top 43%Growth top 45%AI top 45% All 8 signals ▾Fundingtop 39% Techtop 43% Growthtop 45% AItop 45% Talentbottom 49% Marketbottom 38% Globalbottom 29% Newsbottom 18% Funding: Raised $10.8M across 3 rounds · 3 rounds over 4 yrs (0.8/yr) Tech: 24 technologies across 3/8 capability areas · Cloud: Amazon Ses, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 48/100 | $11M | 29 mo ago | Series A | 32 | Simon Bedard Co-Founder & CEO | TurbopackApple iCloud MailGoogle Workspace+20 | — | 1 partnership |
| 15 | Valence Labs AI research engine focusing on advancing drug discovery through computational biology | $8M | 54 mo ago | Acquired | 27 | Therence Bois Co-Founder & COO | WordPressMySQLPHP+20 | — | 1 launch |
| 16 | Innodem Neurosciences AI based eye movement tracking software | $7M | 65 mo ago | Series A | 14 | Etienne De Villers-Sidani Founder | Cart FunctionalityShopifyLazySizes+9 | 22 patents Neurodiagnostic eye‑tracking systems for detecting gaze‑pattern abnormalities in neurological disorders | — |
| 17 | Aerial AI-powered WiFi motion intelligence solutions for elder care, smart homes, and security applications | $7M | 76 mo ago | Seed | 28 | Michel Allegue Co-Founder & CTO | Apache HTTP ServerAmazon Web ServicesLodash+10 | — | — |
| 18 | My Intelligent Machines Provider of AI powered platform for life science researcher | $7M | 62 mo ago | Seed | 33 | — | — | — | — |
| 19 | Jintronix Motion tracking based therapy for MSK | $7M | 135 mo ago | Series A | 11 | — | WordPressMySQLPHP+16 | — | — |
| 20 | Eli Provider of AI-base smart devices for women to monitor reproductive health 72Innovation top 25%Growth top 25%News top 25%Tech top 31% All 11 signals ▾Innovationtop 25% Growthtop 25% Newstop 25% Techtop 31% Talenttop 38% Fundingtop 40% Moattop 44% AItop 45% Producttop 46% Globalbottom 39% Marketbottom 31% Innovation: 4 new-product events in 24 mo · Deep-tech classification: Tech Hardware Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 72/100 | $7M | 12 mo ago | Series A | 19 | Marina Rivas Co-Founder & CEO | Cart FunctionalityShopifyShop Pay+28 | — | — |
| 21 | Pathway Provider of guidance tools for healthcare providers 35Customers top 14%Tech top 34%Product top 42%Moat top 42% All 12 signals ▾Customerstop 14% Techtop 34% Producttop 42% Moattop 42% Fundingtop 43% Talentbottom 49% Newsbottom 46% Patentsbottom 44% Innovationbottom 41% Globalbottom 40% Growthbottom 35% Marketbottom 32% Customers: App rating 4.5★ (201 reviews) · Review volume +55% in 6 mo Tech: 28 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 35/100 | $6M | 31 mo ago | Acquired | 14 | Jon Hershon Co-Founder & CEO | SentryZendeskNode.js+25 | 11 patents Patents concentrated in health & consumer products | — |
| 22 | ViTAA Medical Developer of personalized medicine solutions for patients diagnosed with abdominal aortic aneurysms 57AI top 15%Talent top 28%Innovation top 30%Patents top 30% All 8 signals ▾AItop 15% Talenttop 28% Innovationtop 30% Patentstop 30% Fundingtop 48% Techbottom 41% Marketbottom 34% Globalbottom 33% AI: Holds AI/ML patents (G06N-family CPC) Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 57/100 | $5M | 17 mo ago | Series A | 24 | Randy Moore Co-Founder | WordPress Block EditorWordPressMySQL+17 | 42 patents AI-powered imaging analysis and device design for aortic aneurysm diagnosis and treatment | — |
| 23 | Aifred Health AI-driven clinical decision support tools for personalized treatment in mental health | $4M | 66 mo ago | Seed | 26 | Robert Fratila Co-Founder & VP of AI | — | 11 patents AI-powered clinical decision support for mental health treatment selection and data integration | — |
| 24 | Haleo Clinic Provider of app for sleep management | $4M | 47 mo ago | Seed | 56 | Bradley Smith Founder & CEO | SentryApple iCloud MailTypeScript+25 | — | — |
| 25 | Medzy Online pharmacy for buying prescribed medicines | $4M | 55 mo ago | Seed | 19 | Francis V Co-Founder | SentryZendeskApple iCloud Mail+18 | — | 1 launch |
| 26 | Remedium AI Provider of an AI-based platform for drug discovery | $3M | — | Seed | — | Robert Murgita Founder | — | — | — |
| 27 | Kento Health Provider of accessible cardiac programs for individuals with heart conditions | $3M | 31 mo ago | Seed | — | Mike Furino Co-Founder & COO | WebflowGSAPSwiper+10 | — | — |
| 28 | Ditch Labs AI-based nicotine addiction treatment solution for healthcare professionals | $3M | 35 mo ago | Seed | 9 | Laurent Laferrière Co-Founder & CEO | — | 5 patents Dual-reservoir electronic cigarette vaporization devices | — |
| 29 | Ubenwa Provider of AI-based diagnostic application platform for newborns | $2M | 46 mo ago | Seed | 8 | Charles Onu Co-Founder & CEO | Webflow EcommerceWebflowcore-js+9 | — | — |
| 30 | ORO Health Provider of an AI-based telehealth and communication platform for healthcare professionals and patients | $2M | 58 mo ago | Seed | 18 | — | — | — | — |
| 31 | KixCare Online platform offering pediatric teleconsultation | $2M | 56 mo ago | Seed | 20 | Harley Eisman Co-Founder | WordPressMySQLPHP+28 | — | 2 launchs |
| 32 | Montrium Cloud-based regulatory document quality & content management platform for life sciences industries | $2M | 58 mo ago | Funding Raised | 64 | — | HubSpot CMS HubFacebook LoginLinkedin Sign-in+26 | — | — |
| 33 | Simmunome Provider of an AI-powered computational models for clinical trial study | $2M | 33 mo ago | Seed | 5 | Armstrong Murira Co-Founder & CEO | Cart FunctionalitySquarespace CommerceSquarespace+12 | — | — |
| 34 | Perceiv Developer of artificial intelligence based platform for aging related diseases | $2M | 42 mo ago | Seed | 9 | Cesar Laurent Co-Founder & CTO | Google Siteslit-htmllit-element+4 | — | — |
| 35 | GrayOS Cloud-based patient-flow management tool for healthcare professionals | $1M | 58 mo ago | Seed | 9 | Andre Diamant CEO & Founder | — | — | 1 partnership |
| 36 | LIFT Digital On-Demand online live fitness sessions | $1M | 136 mo ago | Acquired | 21 | — | WordPressMySQLPHP+27 | — | — |
| 37 | Leap Medical A non-invasive device to detect brain injuries and infections | $1M | 194 mo ago | Deadpooled | — | Victor Lanzo Co-Founder & CEO | — | — | — |
| 38 | SOLABS Enterprise Quality Management System for Life Sciences Industry | $1M | 207 mo ago | Series A | 28 | — | Windows ServerMicrosoft ASP.NETIIS+2 | — | 3 partnerships |
| 39 | SensAura Tech Multimodal emotion recognition platform using physiological data from wearables | $500K | 135 mo ago | Deadpooled | 4 | Jean-Philip Poulin Co-Founder | — | — | — |
| 40 | Relevium technologies Provider of magnetic wearable devices for pain relief and rehabilitation | $400K | 72 mo ago | Public | — | Aurelio Useche CEO | — | — | — |
| 41 | Object Research Systems 3D visualization and analysis solutions | $200K | 192 mo ago | Funding Raised | 20 | — | — | — | — |
| 42 | Streamline Genomics Genetic sequence data analysis solution | $120K | 96 mo ago | Seed | 2 | Josette-Renee Landry Founder and president | — | — | — |
Top 12 HealthTech companies in Montreal
#1
Public · Montreal, Montreal · founded 2018 · 54 employees$17.7Mraised▾
Producer of premium‐grade cannabis and cannabis‐derivative products. The company offer a variety of organic cannabis-infused with medicinal herbs and flowers. The company offerings span dried flower, pre-rolls, hash, rosin, live resin extracts, oils, and accessories, all hang-dried, hand-trimmed, and slow-cured for potency and terpene preservation.
- Feb 2026Post IPO$4.6M
- Jul 2021Post IPO$5M
- Oct 2019Conventional Debt$6M
- Jul 2019Post IPO$2.2M
#2
Series B · Montreal, Quebec · founded 2017 · 43 employees$63Mraised▾
Provider of next-generation proteomics platform for drug discovery and protein analysis. The company has developed the nELISA, a next-generation ELISA platform by using DNA nanotechnology for measuring proteins and applicable for a wide variety of use cases within drug and biomarker development workflows.
- Sep 2024Series B$42M
- Dec 2021Series A$17M
- 2020Seed—
#3
Series A · Montreal, Montreal · founded 2019 · 19 employees$6.6Mraised▾
Eli is a provider of AI-based smart devices for women to monitor reproductive health. The platform provides a point-of-care device for women to get their everyday hormone profile, at home, from a saliva sample. The device helps to monitor their reproductive lives, including contraception, fertility, and menopause. It also provides an AI-based mobile app that enables users to interpret the information collected by the device and make informed decisions.
- Jun 2025Series A$12M
- Jan 2025Seed$1.1M
- Apr 2023Seed$3.7M
- Dec 2020Seed$1.5M
#4
Series A · Montreal, Quebec · founded 2019 · 24 employees$4.9Mraised▾
Developer of personalized medicine solutions for patients diagnosed with abdominal aortic aneurysms. The Flagship product, RAW Mapping technology that enables accurate diagnosis and monitoring of aortic weakening. It analyzes the deformation of the aorta wall using images captured throughout the cardiac cycle.
- Jan 2025Series A$4.9M
#5
Acquired · Montreal, Quebec · founded 2023$11.3Mraised▾
Provider of an AI platform for biopharmaceutical research and development. It offers a flagship product, Reliant Tabular that streamline the process of finding scientific evidence for decision-making, reducing data processing time. It combines an AI engine with customized tools to assist with portfolio strategy and launch success prediction. The platform automates data ingestion and extraction, and provides knowledge graphs to map relationships between trials and mechanisms.
- Aug 2024Seed$11.3M
#6
Seed · Montreal, Quebec · founded 2023$30Mraised▾
Developer of modulating biotherapeutics to address cancer and autoimmune diseases. It has AbiLeap discovery engine that combines continuously learning AI with an extensive database of antigen-antibody interactions to generate fully human, IgG-based multispecific antibodies across cancer and autoimmune applications. The pipeline includes Leap 1121 for auti-immune disease, Leap 1009 and 1030 for solid tumors.
- Jun 2024Seed$18M
- Dec 2023Seed$12M
#7
Series C · Montreal, Montreal · founded 2015 · 25 employees$114.8Mraised▾
Inversago Pharma (formerly GIcare Pharma) is focused on developing peripheral cannabinoid (CB1) receptor antagonist/inverse agonist for the treatment of metabolic diseases such as obesity, insulin resistance, and liver fibrosis. Its drug INV-101 (Inverse agonist of peripheral CB1) under phase-1.
- Oct 2022Series C$70M
- Sep 2020Series B$37.8M
- Jul 2018Series A$7M
#8
Series A · Montreal, Quebec · founded 2016 · 32 employees$10.8Mraised▾
Provider of health-grade infrastructure delivering AI-powered search and generative experiences. The infrastructure optimizes health information workflows, enabling users to find accurate results. It builds dynamic Q&A experiences to provide contextualized answers, supporting decision-making. The platform delivers retrieval and generative experiences, leveraging data across ecosystems. It offers modular infrastructure optimized for specific use cases and requirements.
- Jan 2024Series A$7.5M
- Mar 2022Grant (prize money)$545K
- Mar 2022Seed$3.3M
#9
Late Stage · Montreal, Montreal · founded 2010 · 300 employees$41.9Mraised▾
Cloud-based clinical practice management system for providers. The company offers patient records, minimizing the administrative burden, and helping the medical team to build a successful relationship with its patients. It helps in managing patient demographics and electronic medical records, appointments and scheduling, billing, medications, prescriptions records, diagnostic imaging, and lab results.
- Dec 2022PE$22.2M
- Feb 2021PE$19.8M
#10
Acquired · Montreal, Montreal · founded 2016 · 240 employees$88.2Mraised▾
Cloud-based telemedicine platform for employees and patients. The company offers an online platform that helps the patients and employees to virtually consult with their nurses and practitioners via video conferencing tools. The platform also helps in giving e-prescriptions, referral management solutions, and more to the users.
- Jul 2020Series B$32.2M
- Jun 2019Series B$40M
- Feb 2018Series A$12M
- Mar 2017Seed$4M
#11
Acquired · Montreal, Montreal · founded 2020 · 14 employees$6.3Mraised▾
Provider of guidance tools for healthcare providers. The app provides reference tools that give doctors access to guideline summaries, mobile-friendly interactive algorithms, clinical calculators, landmark trials, and more. It provides patient and case specific guidance. It provides rapid, evidence based answers to clinical questions by summarizing medical guidelines, offering interactive diagnostic algorithms, and integrating drug information, dosing, and study data.
- Nov 2023Seed$5M
- Oct 2021Seed$1.3M
#12
Series A · Montreal, Quebec · founded 2011$25.7Mraised▾
Provider of AI-driven clinical decision support for retinal disease diagnosis. This involves using a hyperspectral camera and AI capabilities to aid eye specialists in the accurate diagnosis and management of early, intermediate, and late-stage retinal diseases. The system facilitates early detection, enabling timely interventions and a patient-centric approach to care. It helps identify high-risk patients before vision loss occurs and monitors disease progression.
- Jan 2022Series A—
- Oct 2021Series A$20M
- May 2020Seed$500K
- Oct 2018Seed$3.2M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of HealthTech coverage by sub-theme.
Regulatory-risk over time flat
Funding & growth over time
funding rising · growth rising
What Montreal researches in digital health
Montreal's institutions—led by Montreal Children's Hospital and the Neurological Institute—cautiously research digital mental health interventions and mHealth applications, with a mildly optimistic yet contested tone (mean stance 0.17).
- Montreal Children\'s Hospital4
- Montreal Neurological Institute and Hospital3
- Montreal Police Service2
- Montreal Heart Institute2
- Montreal Clinical Research Institute2
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.