Best HealthTech Companies in Toronto, Canada
The 661 best HealthTech companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: AlayaCare.
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 Toronto
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AlayaCare Provider of cloud based platform for home healthcare practitioners 76Funding top 13%Customers top 27%Growth top 28%Moat top 31% All 12 signals ▾Fundingtop 13% Customerstop 27% Growthtop 28% Moattop 31% Innovationtop 34% Producttop 35% Techtop 38% AItop 45% Talentbottom 49% Marketbottom 48% Globalbottom 37% Newsbottom 24% Funding: Raised $274M across 10 rounds · 10 rounds over 11 yrs (0.9/yr) Customers: Play-Store rating 4.20★ across 1,946 ratings (3 apps) · Review volume +16% in 6 mo rank vs industry peers · Fliar Intelligence Index 76/100 | $274M | 3 mo ago | Series D | 92 | Adrian Schauer Founder & CEO | WordPress Block EditorBeaver BuilderWordPress+42 | — | — |
| 2 | League Provider of SaaS based digital platform to manage employee health benefits 80Tech top 18%Funding top 23%Innovation top 27%Patents top 27% All 12 signals ▾Techtop 18% Fundingtop 23% Innovationtop 27% Patentstop 27% Moattop 31% Growthtop 35% AItop 45% Customerstop 45% Producttop 46% Marketbottom 47% Globalbottom 41% Newsbottom 37% Tech: 72 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Funding: Raised $242M across 5 rounds · 5 rounds over 12 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 80/100 | $242M | 15 mo ago | Series C | 136 | — | WordPress Block EditorUnbounceWordPress+45 | 18 patents AI-driven personalized content, activity recommendation, and wearable behavior analytics platforms. | 1 launch · 1 partnership |
| 3 | Deep Genomics AI-powered platform for RNA biology to accelerate genetic therapy discovery 55AI top 22%Moat top 28%Funding top 29%Patents top 33% All 11 signals ▾AItop 22% Moattop 28% Fundingtop 29% Patentstop 33% Innovationtop 39% Talenttop 41% Marketbottom 49% Globalbottom 43% Techbottom 37% Growthbottom 35% Newsbottom 27% AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC) Moat: Editorial + unicorn rating 8/10 · IP moat: 92 patents rank vs industry peers · Fliar Intelligence Index 55/100 | $238M | 58 mo ago | Series C | 105 | Brendan Frey Co-Founder & Chief Innovation Officer | WagtailPythonDjango+9 | 92 patents AI-driven genomic variant analysis and therapeutic design for precision medicine | 6 job openings · 1 expansion |
| 4 | Benchsci Developer of an AI platform for understanding disease biology 78AI top 20%Funding top 25%Talent top 28%Moat top 31% All 11 signals ▾AItop 20% Fundingtop 25% Talenttop 28% Moattop 31% Techtop 32% Innovationtop 35% Producttop 37% Markettop 45% Growthtop 45% Globalbottom 37% Newsbottom 32% AI: Classified as an AI company Funding: Raised $170M across 7 rounds · 7 rounds over 10 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 78/100 | $170M | 36 mo ago | Series D | 426 | Elvis Wianda Co-Founder | HubSpot CMS HubSalesforceFacebook Login+20 | — | 1 launch |
| 5 | Geneseeq Providing personalised cancer treatment solutions based on patients genomic profile 55Talent top 28%Funding top 31%Moat top 40%Market bottom 49% All 5 signals ▾Talenttop 28% Fundingtop 31% Moattop 40% Marketbottom 49% Globalbottom 45% Talent: 4 named leaders on record · 4 C-suite/founder profiles curated Funding: Raised $128M across 3 rounds · 3 rounds over 12 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 55/100 | $128M | 77 mo ago | Series D | — | Xiaonan Wang Co-Founder & CTO | — | — | — |
| 6 | CorVista Provider of an AI-based cardiac health diagnosis tool for healthcare professionals 45Funding top 16%Moat top 31%AI top 45%Growth top 48% All 9 signals ▾Fundingtop 16% Moattop 31% AItop 45% Growthtop 48% Talenttop 49% Techbottom 46% Globalbottom 39% Newsbottom 38% Marketbottom 28% Funding: Raised $126M across 15 rounds · 15 rounds over 11 yrs (1.4/yr) Moat: Editorial + unicorn rating 8/10 · Soonicorn rank vs industry peers · Fliar Intelligence Index 45/100 | $126M | 8 mo ago | Series C | 19 | Adrian Lam CEO | WordPressMySQLPHP+14 | — | — |
| 7 | Analytics4Life Developer of diagnostic platform using AI for cardiovascular disease assessments 57AI top 20%Funding top 31%Talent bottom 49%Global bottom 48% All 6 signals ▾AItop 20% Fundingtop 31% Talentbottom 49% Globalbottom 48% Techbottom 31% Newsbottom 27% AI: Classified as an AI company Funding: Raised $101M across 7 rounds · 7 rounds over 10 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 57/100 | $101M | 8 mo ago | Series C | — | Adrian Lam CEO & President | — | — | — |
| 8 | Maple On-demand doctor consultation platform | $72M | 69 mo ago | Series B | 185 | Stuart Starr Co-Founder & CTO | WordPressSentryMySQL+38 | — | 1 launch · 3 partnerships · 1 award |
| 9 | Smile Digital Health Provider of health data integration solutions for the healthcare industry 50Funding top 32%Market top 44%Growth top 45%Moat top 48% All 8 signals ▾Fundingtop 32% Markettop 44% Growthtop 45% Moattop 48% Talentbottom 49% Techbottom 47% Globalbottom 36% Newsbottom 18% Funding: Raised $60.5M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) Market: 330 employees (top 12% of HealthTech) · Top-5,000,000 web property rank vs industry peers · Fliar Intelligence Index 50/100 | $60M | 16 mo ago | Series B | 330 | Duncan Weatherston CEO | HubSpot CMS HubSalesforceAmazon Web Services+21 | — | 1 launch |
| 10 | PocketHealth Provider of a cloud-based medical image sharing platform 55Funding top 30%Tech top 35%Talent top 38%Growth top 45% All 7 signals ▾Fundingtop 30% Techtop 35% Talenttop 38% Growthtop 45% Marketbottom 45% Globalbottom 37% Newsbottom 27% Funding: Raised $55.5M across 3 rounds · 3 rounds over 4 yrs (0.8/yr) Tech: 40 technologies across 4/8 capability areas · Cloud: Azure, Cloudflare rank vs industry peers · Fliar Intelligence Index 55/100 | $56M | 26 mo ago | Series B | — | Harsh Nayyar Co-Founder & CTO | WordPressTypeScriptPHP+37 | — | — |
| 11 | Thriver | $55M | 70 mo ago | Series B | 61 | Yishay Waxman Co-Founder (formerly Platterz) | — | — | — |
| 12 | Swift Medical Provider of AI-based wound care and diagnosis tool 60AI top 30%Moat top 31%Funding top 32%Talent top 38% All 13 signals ▾AItop 30% Moattop 31% Fundingtop 32% Talenttop 38% Techtop 39% Producttop 40% Patentstop 42% Innovationtop 45% Growthtop 45% Marketbottom 48% Globalbottom 40% Newsbottom 21% Customersbottom 13% AI: Classified as an AI company · Product described with: ai-based Moat: Editorial + unicorn rating 7/10 · IP moat: 10 patents rank vs industry peers · Fliar Intelligence Index 60/100 | $48M | 28 mo ago | Series B | 118 | Sheila Wang Co-Founder | WordPress Block EditorWordPressBugHerd+44 | 10 patents Medical imaging devices for tissue visualization, especially wound assessment and monitoring. | — |
| 13 | Vital Provider of biomarkers for the diagnosis of disease 60Growth top 30%Funding top 34%Talent top 38%Tech top 48% All 7 signals ▾Growthtop 30% Fundingtop 34% Talenttop 38% Techtop 48% Marketbottom 48% Productbottom 45% Globalbottom 39% Growth: Web rank 10,000,000 → 5,000,000 YoY Funding: Raised $48.0M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 60/100 | $48M | 34 mo ago | Series A | 95 | Farnoud Kazemzadeh Co-founder | Tailwind CSSVue.jsGSAP+11 | — | — |
| 14 | WellnessLiving Developer of business management software for fitness and wellness industries | $46M | 46 mo ago | Late Stage | 313 | Len Fridman Co-Founder & CEO | WordPressMySQLZoho+32 | — | 1 launch |
| 15 | Muse Provider of brainwave tracking devices and related premium subscription services 62Funding top 26%Tech top 30%Growth top 35%Innovation top 38% All 10 signals ▾Fundingtop 26% Techtop 30% Growthtop 35% Innovationtop 38% Producttop 39% Moattop 39% Customerstop 50% Talentbottom 49% Marketbottom 46% Globalbottom 38% Funding: Raised $41.0M across 11 rounds · 11 rounds over 14 yrs (0.8/yr) Tech: 54 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud rank vs industry peers · Fliar Intelligence Index 62/100 | $41M | 15 mo ago | Series C | 62 | Jean Fournier CEO | ShopifyBootstrapRevy+35 | — | 1 award |
| 16 | Vetster Online video consultation platform to manage pets health | $40M | 49 mo ago | Series B | 97 | — | SentryApple iCloud MailGoogle Workspace+29 | — | 1 job opening · 1 award |
| 17 | ACTO Provider of an AI and SaaS-based educational platform for the life science industry 40Funding top 29%Growth top 37%Moat top 39%Product top 40% All 7 signals ▾Fundingtop 29% Growthtop 37% Moattop 39% Producttop 40% Techtop 48% Globalbottom 43% Marketbottom 29% Funding: Raised $39.5M across 3 rounds · 3 rounds over 6 yrs (0.5/yr) Growth: 1 acquisition/expansion move in 24 mo · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 40/100 | $40M | 21 mo ago | Series B | 18 | — | WordPressMySQLPHP+28 | — | — |
| 18 | LifeSpeak Cloud-based platform for employee wellness 45Tech top 27%Funding top 30%Innovation top 33%Product top 34% All 11 signals ▾Techtop 27% Fundingtop 30% Innovationtop 33% Producttop 34% Markettop 48% Moattop 48% Talentbottom 41% Customersbottom 38% Globalbottom 32% Newsbottom 28% Growthbottom 22% Tech: 61 technologies across 4/8 capability areas · Cloud: Amazon S3, Amazon Web Services Funding: Raised $31.9M across 3 rounds · 3 rounds over 6 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 45/100 | $32M | 27 mo ago | Public | 158 | Michael Held Founder & CEO | WordPressMySQLPHP+30 | — | — |
| 19 | Dionymed Platform offering support services to cannabis cultivators | $31M | 80 mo ago | Public | 5 | Edward M. Fields CEO | — | — | — |
| 20 | HEALWELL AI AI-enabled decision support tool for healthcare providers 57Partners top 14%News top 22%Product top 30%Innovation top 32% All 11 signals ▾Partnerstop 14% Newstop 22% Producttop 30% Innovationtop 32% Growthtop 37% Talenttop 37% Techtop 39% Fundingtop 42% Moattop 48% Marketbottom 41% Globalbottom 29% Partners: 7 contract events in 12 mo · Named contractor/client in 7 deals News: 31 BI events in 12 mo (of 78 tracked, 10 types) · +35% YoY rank vs industry peers · Fliar Intelligence Index 57/100 | $29M | 24 mo ago | Acquired | — | Alexander Dobranowski CEO | WordPressMySQLPHP+35 | — | — |
| 21 | Practice Better Cloud based platform offering nutrition practice management software for wellness professionals 67Tech top 18%Funding top 31%Talent top 38%Growth top 39% All 10 signals ▾Techtop 18% Fundingtop 31% Talenttop 38% Growthtop 39% AItop 45% Producttop 46% Customersbottom 44% Marketbottom 43% Globalbottom 36% Newsbottom 21% Tech: 90 technologies across 7/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront Funding: Raised $27.0M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 67/100 | $27M | 18 mo ago | Series B | 37 | Graeme Downes Co-Founder | SentryZendeskTypeScript+37 | — | — |
| 22 | Think Research SaaS based point of care management software for clinical decision support | $25M | 49 mo ago | Acquired | 172 | — | styled-componentsReactAmazon Web Services+6 | — | 3 job openings · 1 award |
| 23 | Felix Provider of an online pharmacy for purchasing medicines 67Tech top 24%Funding top 25%Growth top 35%Talent top 38% All 9 signals ▾Techtop 24% Fundingtop 25% Growthtop 35% Talenttop 38% Moattop 39% Producttop 46% Marketbottom 49% Globalbottom 37% Newsbottom 22% Tech: 48 technologies across 6/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront Funding: Raised $24.3M across 5 rounds · 5 rounds over 7 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 67/100 | $24M | 7 mo ago | Series C | 50 | Kyle Zien Co-Founder & CEO | WebflowApple iCloud MailGoogle Workspace+28 | — | 7 job openings |
| 24 | Alternate Health Manufacturer and distributor of CBD-infused products for consumers | $24M | 75 mo ago | Deadpooled | — | Howard Mann Founder & CEO | — | — | — |
| 25 | Xandar Kardian Provider of radar-based sensors for detecting human presence | $24M | 54 mo ago | Series A | 36 | Sung Cho Co-Founder | WordPressMySQLPHP+31 | — | — |
| 26 | Aviron Manufacturer of fitness rowing machines | $24M | 54 mo ago | Series A | 1 | Inessa Karlinsky Co-Founder & CMO | SentryZendeskApple iCloud Mail+43 | — | 3 job openings · 1 launch |
| 27 | Cyclica AI platform for supporting drug discovery research | $21M | 43 mo ago | Acquired | 56 | Jason Mitakidis Founder | — | 32 patents AI-powered computational drug discovery and proteome-wide ligand docking platforms. | — |
| 28 | OnCall Cloud-based telehealth management solution for providers | $19M | 50 mo ago | Acquired | 52 | — | — | — | — |
| 29 | Nutritional High Provider of cannabis infused product development and distribution services | $18M | 70 mo ago | Public | 10 | — | — | — | — |
| 30 | Carebook Provider of online medical records and patient communication platform 11Funding top 34%Product top 42%Market top 50%Global bottom 45% All 7 signals ▾Fundingtop 34% Producttop 42% Markettop 50% Globalbottom 45% Newsbottom 27% Techbottom 15% Growthbottom 10% Funding: Raised $16.3M across 4 rounds · 4 rounds over 5 yrs (0.8/yr) Product: 1 published app (3.0k installs) · Company stage: Acquired rank vs industry peers · Fliar Intelligence Index 11/100 | $16M | 30 mo ago | Acquired | 48 | — | — | — | — |
| 31 | Wise Docs Tech AI and cloud-based clinical documentation solutions for healthcare professionals 48Funding top 35%Growth top 35%Moat top 39%Tech top 43% All 8 signals ▾Fundingtop 35% Growthtop 35% Moattop 39% Techtop 43% Productbottom 45% Marketbottom 39% Globalbottom 36% Newsbottom 22% Funding: Raised $12.7M across 4 rounds · 4 rounds over 4 yrs (1.0/yr) Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 48/100 | $13M | 16 mo ago | Series A | 42 | — | WebflowGSAPAmazon Web Services+25 | — | 2 launchs |
| 32 | Intrepid Labs Developer of drug formulation science to accelerate the development of therapeutics 35Market bottom 49%Funding bottom 49%Talent bottom 49%Global bottom 45% All 4 signals ▾Marketbottom 49% Fundingbottom 49% Talentbottom 49% Globalbottom 45% Funding: Raised $11.0M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 35/100 | $11M | 13 mo ago | Seed | — | Christine Allen Co-Founder and CEO | — | — | — |
| 33 | BlueDot Provider of infectious disease intelligence platform 48AI top 20%Moat top 39%Funding top 42%Tech top 44% All 8 signals ▾AItop 20% Moattop 39% Fundingtop 42% Techtop 44% Talentbottom 49% Marketbottom 47% Globalbottom 37% Growthbottom 35% AI: Classified as an AI company Moat: Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked rank vs industry peers · Fliar Intelligence Index 48/100 | $10M | 41 mo ago | Series A | 108 | Kamran Khan Founder & CEO | WordPress Block EditorElementorWordPress+28 | — | — |
| 34 | VentriPoint Heart analysis system 62News top 18%Product top 24%Growth top 25%Partners top 32% All 10 signals ▾Newstop 18% Producttop 24% Growthtop 25% Partnerstop 32% Fundingtop 36% Globaltop 37% Techtop 44% Innovationtop 47% Moattop 48% Marketbottom 45% News: 9 BI events in 12 mo (of 46 tracked, 7 types) · +350% YoY Product: 1 product launch event in 12 mo · 12 distinct product lines rank vs industry peers · Fliar Intelligence Index 62/100 | $9M | 16 mo ago | Public | — | — | WordPressMySQLZoho+17 | — | — |
| 35 | Altis Labs Online platform offering clinical imaging data insights | $6M | 35 mo ago | Seed | 30 | Felix Baldauf-Lenschen Founder & CEO | — | 7 patents AI-driven medical imaging for outcome prediction and adverse reaction modeling in healthcare | — |
| 36 | Avicanna Developer of plant-derived cannabinoid-based products 67Growth top 15%News top 24%Funding top 29%Talent top 36% All 10 signals ▾Growthtop 15% Newstop 24% Fundingtop 29% Talenttop 36% Patentstop 37% Moattop 38% Innovationtop 40% Techtop 48% Marketbottom 44% Globalbottom 39% Growth: Fresh capital in last 24 mo News: 12 BI events in 12 mo (of 54 tracked, 9 types) · +140% YoY rank vs industry peers · Fliar Intelligence Index 67/100 | $6M | 4 mo ago | Public | 80 | Aras Azadian Chief Executive Officer | WordPressMySQLPHP+29 | 16 patents Cannabinoid pharmaceutical formulations for neurological, pain, skin, and epilepsy therapies | — |
| 37 | Ryte AI-based platform that provides data about hospitals and doctors 37Moat top 38%AI top 45%Patents top 46%Funding top 49% All 9 signals ▾Moattop 38% AItop 45% Patentstop 46% Fundingtop 49% Innovationtop 50% Talentbottom 45% Marketbottom 42% Techbottom 38% Globalbottom 36% Moat: Editorial + unicorn rating 4/10 · IP moat: 7 patents AI: Product described with: ai-based rank vs industry peers · Fliar Intelligence Index 37/100 | $6M | 15 mo ago | Series A | 95 | Saleh Almenawer Founder & CEO | WordPressApple iCloud MailMicrosoft 365+22 | 7 patents Expert ranking algorithms and telemedicine platforms for healthcare data analytics | — |
| 38 | COSM Provider of devices for women pelvic floor disorder 40Partners top 32%Talent top 42%AI top 45%Funding top 48% All 10 signals ▾Partnerstop 32% Talenttop 42% AItop 45% Fundingtop 48% Moattop 48% Techtop 49% Newsbottom 48% Growthbottom 47% Globalbottom 36% Marketbottom 35% Partners: 2 partnership announcements in 12 mo (2 in 24 mo) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 40/100 | $6M | 12 mo ago | Seed | 34 | Derek Sham Founder & CEO | WixSentryBootstrap+14 | — | — |
| 39 | AI ML Innovations Provider of an AI and SaaS-based digital health monitoring platform and device for healthcare providers 42Patents top 19%Innovation top 22%AI top 30%Moat top 32% All 12 signals ▾Patentstop 19% Innovationtop 22% AItop 30% Moattop 32% Producttop 35% Fundingtop 37% Partnerstop 37% Newstop 43% Growthtop 45% Globalbottom 37% Techbottom 24% Marketbottom 18% Patents: 48 patents matched (strict assignee match) · 12 filings since 2022 vs 7 in 2017-21 Innovation: 48 patents (top 22% of patent-holders) · 12 filings since 2022 vs 7 in 2017-21 rank vs industry peers · Fliar Intelligence Index 42/100 | $4M | 14 mo ago | Public | 3 | — | WordPressMySQLPHP+10 | 48 patents Patents concentrated in electrical & electronics | — |
| 40 | Future Fertility Provider of predictive image analysis tool for IVF clinics 40AI top 28%Growth top 35%Funding top 42%Moat top 45% All 10 signals ▾AItop 28% Growthtop 35% Fundingtop 42% Moattop 45% Patentstop 46% Innovationbottom 46% Marketbottom 36% Globalbottom 36% Newsbottom 22% Techbottom 18% AI: Holds AI/ML patents (G06N-family CPC) · Product described with: ai-based Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 40/100 | $4M | 1 mo ago | Series A | 29 | — | WordPressMySQLPHP+11 | 4 patents Patents concentrated in computing, sensing & instrumentation | 1 partnership |
| 41 | ProteinQure Provider of computational protein drug design platform 53Talent top 28%AI top 30%Innovation top 36%Product top 36% All 10 signals ▾Talenttop 28% AItop 30% Innovationtop 36% Producttop 36% Moattop 37% Patentstop 38% Fundingtop 46% Techbottom 45% Globalbottom 40% Marketbottom 29% Talent: Analyst team rating 4/5 · 4 named leaders on record AI: Classified as an AI company · Product described with: artificial intelligence rank vs industry peers · Fliar Intelligence Index 53/100 | $4M | 12 mo ago | Series A | 18 | Tomas Babej Cofounder and Chief Technology Officer | WordPressProton MailApple iCloud Mail+13 | 9 patents Protein therapeutics targeting the sortilin receptor and natriuretic peptide delivery systems | 2 job openings |
| 42 | MedMe Health Cloud based pharmacy management software for professionals 42Growth top 35%Funding top 42%Moat top 48%Tech bottom 49% All 8 signals ▾Growthtop 35% Fundingtop 42% Moattop 48% Techbottom 49% Talentbottom 49% Marketbottom 36% Globalbottom 36% Newsbottom 22% Growth: Fresh capital in last 24 mo Funding: Raised $3.7M across 4 rounds · 4 rounds over 6 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 42/100 | $4M | 9 mo ago | Seed | 31 | Nicholas Hui Co-Founder & Chief Product Officer | WebflowMicrosoft ClarityGoogle Analytics+14 | — | — |
| 43 | Predict Medix Inc AI-powered contactless screening solutions for workplace 24News top 25%Product top 35%Moat top 38%Funding top 41% All 7 signals ▾Newstop 25% Producttop 35% Moattop 38% Fundingtop 41% AItop 45% Marketbottom 31% Globalbottom 30% News: 3 BI events in 12 mo (of 21 tracked, 7 types) · +200% YoY Product: 0 product launch events in 12 mo · Company stage: Public rank vs industry peers · Fliar Intelligence Index 24/100 | $3M | 14 mo ago | Public | 11 | — | — | — | — |
| 44 | EmergConnect Provider of emergency department performance improvement platform for healthcare systems 32Funding bottom 48%Global bottom 48%Talent bottom 45%Tech bottom 36% All 4 signals ▾Fundingbottom 48% Globalbottom 48% Talentbottom 45% Techbottom 36% Funding: Raised $2.0M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) Global: Investors from 2 countries beyond Canada rank vs industry peers · Fliar Intelligence Index 32/100 | $2M | 12 mo ago | Seed | — | Ron Galaev Founder & CEO | WordPressMySQLPHP+17 | — | — |
| 45 | Greenspace Provider of a SaaS-based telehealth platform for mental health providers and patients 48Growth top 35%Tech top 45%Funding top 48%Moat top 48% All 7 signals ▾Growthtop 35% Techtop 45% Fundingtop 48% Moattop 48% Talentbottom 49% Marketbottom 46% Globalbottom 36% Growth: Fresh capital in last 24 mo Tech: 32 technologies across 4/8 capability areas · Cloud: Amazon Web Services, Cloudflare rank vs industry peers · Fliar Intelligence Index 48/100 | $1M | 15 mo ago | Series B | 66 | Simon Weisz President and Co-Founder | WordPressMySQLSalesforce+20 | — | — |
| 46 | Steadiwear Designer & manufacturer of healthcare gloves 29Growth top 35%Moat top 38%Tech top 42%Funding bottom 49% All 10 signals ▾Growthtop 35% Moattop 38% Techtop 42% Fundingbottom 49% Talentbottom 49% Productbottom 47% Innovationbottom 40% Globalbottom 39% Patentsbottom 37% Marketbottom 17% Growth: Fresh capital in last 24 mo Moat: Editorial + unicorn rating 4/10 · IP moat: 8 patents rank vs industry peers · Fliar Intelligence Index 29/100 | $1M | 8 mo ago | Seed | 6 | Mark Elias Co-Founder & CEO | ShopifyShop PayPayPal+32 | 8 patents Wearable tremor‑damping devices for involuntary hand motion control in medical applications | — |
| 47 | Healthkind AI-powered tools to enhance clinic-patient communications 42AI top 26%Talent top 38%Moat top 48%Market bottom 40% All 6 signals ▾AItop 26% Talenttop 38% Moattop 48% Marketbottom 40% Fundingbottom 38% Globalbottom 32% AI: Classified as an AI company · Product described with: ai-powered, natural language processing Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 42/100 | $899K | 18 mo ago | Seed | — | Matt Zukowski Co-Founder & CTO | — | — | — |
| 48 | Clincove AI-powered clinical trial management platform designed to streamline and accelerate Phase I–III studies 40AI top 45%Talent top 45%Funding bottom 41%Global bottom 33% All 4 signals ▾AItop 45% Talenttop 45% Fundingbottom 41% Globalbottom 33% AI: Product described with: ai-powered Talent: 2 named leaders on record rank vs industry peers · Fliar Intelligence Index 40/100 | $500K | 8 mo ago | Seed | — | Michael Sousa Chief Technology Officer | — | — | 2 launchs |
| 49 | Marion Surgical Virtual training platform for surgeons to learn, collaborate and practice procedures 13Product top 43%Moat top 45%Talent bottom 49%Innovation bottom 42% All 9 signals ▾Producttop 43% Moattop 45% Talentbottom 49% Innovationbottom 42% Patentsbottom 39% Globalbottom 37% Fundingbottom 36% Techbottom 35% Marketbottom 23% Product: 6 distinct product lines · Company stage: Seed Moat: Editorial + unicorn rating 5/10 · IP moat: 5 patents rank vs industry peers · Fliar Intelligence Index 13/100 | $381K | 18 mo ago | Seed | 7 | Ben Sainsbury CEO | — | 5 patents VR surgical simulation platforms providing haptic‑feedback instrument training | — |
| 50 | Phoenix Provider of telehealth booking platform for men's health | $225K | 15 mo ago | Series A | 9 | — | Amazon WebstoreWebflowSentry+36 | 6 patents Protects and monitors downhole drilling components against shock, vibration, and performance gaps. | 2 job openings · 1 launch |
Top 12 HealthTech companies in Toronto
#1
Series D · Toronto, Ontario · founded 2014 · 92 employees$274.1Mraised▾
Alayacare offers a cloud-based software platform for home healthcare practitioners. The platform features clinical documentation, back-office functionality, patient and family portals, remote patient monitoring, telehealth, and mobile care worker apps. It also helps in analyzing wearable devices to fetch patient data for processing through machine learning technology by giving real-time insights for the care professionals.
- Feb 2026Conventional Debt$50M
- Jun 2021Series D$182M
- Aug 2020Conventional Debt$11.4M
- Jan 2020Series C$36.8M
#2
Series C · Toronto, Ontario · founded 2012 · 19 employees$126Mraised▾
Provider of an AI-based cardiac health diagnosis tool for healthcare professionals. The company has designed a diagnostic tool called CorVista that has the ability to detect cardiovascular disease in patients. The AI technology used in the software analyses patients' data in order to detect diseases such as pulmonary hypertension, heart failure, or coronary artery diseases.
- Oct 2025Series C$550K
- Jun 2025Series C$500K
- May 2025Series C$899.2K
- Jan 2025Series C$797.7K
#3
Series C · Toronto, Ontario · founded 2012$100.7Mraised▾
Developer of diagnostic platform using AI for cardiovascular disease assessments. The platform CorVista System automates clinical data collection and diagnostic review, providing clinicians with actionable assessments at the point of care. The technology leverages machine-learned models designed for diagnostic performance, with a focus on multiple cardiovascular conditions. The system gathers heart signals and transmits the data to a secure cloud platform for processing.
- Oct 2025Series C$550K
- Jun 2025Series C$500K
- Jun 2024Series C$1.5M
- Aug 2022Series C$1M
#4
Series C · Toronto, Ontario · founded 2014 · 136 employees$242Mraised▾
League provides a SaaS-based digital platform for employee health benefits. The platform gives employers tools to easily manage their benefits program and deliver healthcare services for employees. The web-based app gives the ability to create personal health spending accounts and tracks employee utilization. It also gives customized offerings for employees, delivered on-site by the best health professionals in the business.
- Feb 2025Series C—
- Feb 2022Series C$95M
- Dec 2021Series C$70M
- Oct 2019Series B—
#5
Series C · Toronto, Ontario · founded 2019 · 50 employees$24.3Mraised▾
Provider of an online pharmacy for purchasing medicines. The platform allows users to order prescribed medicines online and can get the medicines delivered to their doorstep. It offers medication for various diseases like birth control, erectile dysfunction, acne, hair loss, and many more.
- Oct 2025Series C$53M
- Apr 2023Series B$13.4M
- Dec 2020Series A$7.8M
- Nov 2019Seed$2.5M
#6
Public · Toronto, Ontario · founded 2016 · 80 employees$5.9Mraised▾
Developer of plant-derived cannabinoid-based products. The company develops advanced cannabinoid formulations and delivery mechanisms for medical applications and consumer products. It markets its cannabinoid-based solutions to a range of channels and markets including derma-cosmetics, phytotherapeutics, and pharmaceutical solutions.
- Feb 2026Post IPO$1.1M
- Jul 2025Post IPO$729.7K
- Nov 2024Post IPO$573.3K
- Aug 2024Post IPO$1.5M
#7
Series A · Toronto, Ontario · founded 2011 · 29 employees$4.1Mraised▾
Provider of predictive image analysis tool for IVF clinics. The company offers a non-invasive sofware analysis tool to predict the oocytes function and success rate after in-vitro techniques. The AI-based engine also helps in giving insights for healthy embryo transfer rate, prevent the embryo transfer at the non-ideal time and reduce twin isolation embryos.
- Apr 2026Series A$4.1M
- Jan 2022Series A—
#8
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
#9
Series C · Toronto, Ontario · founded 2007 · 62 employees$41Mraised▾
Provider of brainwave tracking devices and related premium subscription services. The company offers devices that measure brain activity, heart rate, breath, and body movement. Data is tracked via application to improve focus, reduce stress, and enhance self-awareness. The devices use sensors to detect brain activity and provide biofeedback to optimize mental performance.
- Feb 2025Series C$173.3K
- Nov 2024Series C$201.6K
- Aug 2022Series C$9.5M
- Jan 2018Series B$1.3M
#10
Seed · Toronto, Ontario · founded 2023$11Mraised▾
Developer of drug formulation science to accelerate the development of therapeutics. The proprietary technology platform, VALIANT, enables the design and optimization of fully optimized formulations of drugs by improving the properties and performance of therapeutic molecules.
- May 2025Seed$7M
- 2023Seed$4M
#11
Seed · Toronto, Ontario · founded 2019 · 31 employees$3.7Mraised▾
MedMe Health cloud-based pharmacy management software for professionals. It allows pharmacists to schedule, conduct, and track clinical services. It helps pharmacies in revenue cycle management, track clinical outcomes, documentation, video consult with customers, online scheduling messaging, and others. It has features for EHR integration, workflow management, customer relationship management, teleconsultation, automated documentation, and more.
- Aug 2025Conventional Debt—
- Mar 2022Seed$2.7M
- Apr 2021Seed$595.6K
- Mar 2021Seed$125K
#12
Series B · Toronto, Ontario · founded 2014 · 18 employees$39.5Mraised▾
Provider of an AI and SaaS-based educational platform for the life science industry. The company has developed a digital platform with learning tools like SALESFitness which is a product that provides trading in clinical sales, MARKETINGFitness a centralized tool for life science marketing of new launches, MSLFitness provides engaging learning experiences and more. There are features for remote video coaching, user engagement tools, and AI-assisted tools for performance tracking.
- Sep 2024Series B$10M
- Jul 2022Series B$18M
- Aug 2020Series A$11.5M
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
How research on Digital Health in Toronto is moving
A read on the academic research around Digital Health in Toronto — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 329 papers.
University of Toronto and peers lead Toronto's digital-health research, focusing primarily on concern-flagged mobile health and digital mental health policy implementation, with a cautiously contested tone (mean stance 0.11).
- University of Toronto275
- Toronto Metropolitan University34
- Toronto Rehabilitation Institute16
- Unity Health Toronto13
- Toronto General Hospital10
- Health administration1→4
- Health care1→3
- Health care1→19
- Health informatics2→19
- Mental health1→10
- Health administration4→12
- Psychological intervention1→7
- Health care6→51
- Public health6→22
- Psychological intervention3→18
- Nursing research8→22
- Health administration11→22