Best Internet of Things - Industry Applications Companies in Montreal, Canada
The 57 best Internet of Things - Industry Applications companies in Montreal, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Worximity.
Our analysis of 184 Internet of Things - Industry Applications companies
$13.9b in tracked funding; 91% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Internet of Things - Industry Applications companies in Montreal
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Worximity Provider of production analysis software 37Funding top 39%Growth top 45%Tech top 45%Global bottom 37% All 6 signals ▾Fundingtop 39% Growthtop 45% Techtop 45% Globalbottom 37% Marketbottom 36% Newsbottom 22% Funding: Raised $22.2M across 5 rounds · 5 rounds over 11 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 37/100 | $22M | 49 mo ago | 44 | — | Webflow EcommerceWebflowEmotion+25 | Top 10M | — | 1 partnership · 1 expansion |
| 2 | OMsignal Apparel to monitor heart rate, breathing and activity | $21M | 117 mo ago | 40 | — | — | — | 25 patents Integrated wearable textile sensors for real-time respiration and biometric monitoring | — |
| 3 | Mnubo A cloud platform that provides M2M vertical applications to manage a wide range of machine-to-machine devices. | $18M | 93 mo ago | 60 | — | — | — | — | 1 launch |
| 4 | Connect&Go Provider of a wearable device for guest engagement | $18M | 46 mo ago | 49 | Dominic Gagnon Co-Founder & CEO | SentryZendeskVuetify+31 | Top 5M | 3 patents Certificate-less authentication and encryption for secure communications | — |
| 5 | PreVu3D Provider of Digital Twin solutions 57Global top 25%Innovation top 38%Tech top 40%Funding top 41% All 9 signals ▾Globaltop 25% Innovationtop 38% Techtop 40% Fundingtop 41% Producttop 41% Growthtop 45% Talentbottom 49% Marketbottom 45% Newsbottom 22% Global: Serving 60+ countries worldwide · Investors from 1 country beyond Canada Innovation: 3 product lines rank vs industry peers · Fliar Intelligence Index 57/100 | $12M | 40 mo ago | 38 | Nicolas Morency Founder & CEO | WordPressApple iCloud MailGoogle Workspace+31 | Top 10M | — | 3 launchs · 1 partnership |
| 6 | Aerial AI-powered WiFi motion intelligence solutions for elder care, smart homes, and security applications | $7M | 76 mo ago | 28 | Michel Allegue Co-Founder & CTO | Apache HTTP ServerAmazon Web ServicesLodash+10 | Top 50M | — | — |
| 7 | 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 | 13 mo ago | 19 | Marina Rivas Co-Founder & CEO | Cart FunctionalityShopifyShop Pay+28 | Top 5M | — | — |
| 8 | Odotech Provides technology for monitoring and managing odors | $4M | 221 mo ago | 23 | — | — | — | 23 patents Odor detection, sampling, and dynamic emission control technologies for air quality monitoring. | — |
| 9 | Ormuco Platform providing edge computing deployment solutions | $3M | 83 mo ago | 27 | — | — | — | 14 patents Distributed computing and real-time graphics rendering for networked devices | — |
| 10 | EERS 4.0 Developers of wireless earpieces | $3M | 169 mo ago | — | Nick Laperle Co-Founder & President | WordPressApple iCloud MailMicrosoft 365+31 | Top 50M | 4 patents In-ear acoustic protection and health monitoring with integrated communication technology. | — |
| 11 | Intellitix Provider of mobile app and API security solutions | $3M | 175 mo ago | 43 | — | Cart FunctionalitySquarespace CommerceSquarespace+24 | Top 50M | — | 1 job opening · 2 launchs |
| 12 | C2Ro Provider of AI video analytics solutions for retail and other industries 24Innovation top 48%Funding top 49%Tech top 50%Product bottom 48% All 7 signals ▾Innovationtop 48% Fundingtop 49% Techtop 50% Productbottom 48% Globalbottom 38% Marketbottom 27% Newsbottom 22% Innovation: 1 product line Funding: Raised $2.8M across 3 rounds · 3 rounds over 8 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 24/100 | $3M | 14 mo ago | 27 | — | Wix eCommerceWixSentry+15 | Top 50M | — | — |
| 13 | YWire Technologies Designs lighting control devices for the commercial buildings market | $2M | 174 mo ago | — | Omar Tabba Co-Founder | — | — | 10 patents Smart lighting control switches and electronic illumination management systems | — |
| 14 | Nectar Real-time monitoring and analytic system for beehives | $1M | 55 mo ago | 30 | — | Node.jsReactNext.js App Router+12 | Top 10M | — | — |
| 15 | iLOC Technologies Provider of GPS tracking devices | $1M | 152 mo ago | 1 | Bob Aloisio Co-Founder | — | — | 12 patents Real-time personal geolocation and perimeter monitoring via wearable beacon devices. | — |
| 16 | Leap Medical A non-invasive device to detect brain injuries and infections | $1M | 195 mo ago | — | Victor Lanzo Co-Founder & CEO | — | — | — | — |
| 17 | Vrvana 3D immersive Virtual Reality headset | $750K | — | 15 | — | — | — | 3 patents Patents concentrated in computing, sensing & instrumentation | — |
| 18 | Jitbase Software to capture, share and access knowledge | $650K | 57 mo ago | 9 | Francois Laforge Co-Founder | HubSpot CMS HubYouTubeEnvoy+18 | Top 10M | — | — |
| 19 | eno Internet first brand offering electronic products | $100K | 120 mo ago | 19 | Jacob Flood Co-Founder & CEO | — | — | — | — |
Top 12 Internet of Things - Industry Applications companies in Montreal
#1
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
#2
Series A · Montreal, Montreal · founded 2016 · 27 employees$2.8Mraised▾
Provider of AI video analytics solutions for retail and other industries. The company’s technology integrates with existing security cameras, offering scalability and accuracy. It provides solutions for theft deterrence, behavioral analysis, and operational efficiency. The company’s offerings are biometric-free and compliant with data privacy regulations.
- Apr 2025Series A$850.3K
- Jun 2019Series A$1.7M
- May 2018Seed$1.1M
#3
Series B · Montreal, Montreal · founded 2011 · 44 employees$22.2Mraised▾
Provider of production analysis software. It offers solutions for enterprises to monitor their production units in real-time through a mobile software application. All the equipment in the manufacturing unit can be connected to Tileboard using sensors that keep track of the data. Tileboard can plug into the ERP and other systems to give a single view of the overall production KPIs. The dashboard provides insights about productivity, downtime, material efficiency, Overproduction, and overall efficiency (OEE). Using this Smart solution, a decision-maker can keep track of critical KPIs in different manufacturing units.
- May 2022Conventional Debt$2.7M
- May 2022Series B$8.2M
- Mar 2020Conventional Debt$1.5M
- Aug 2019Series A$6.2M
#4
Acquired · Montreal, Montreal · founded 2012 · 49 employees$17.8Mraised▾
Provider of a wearable device for guest engagement. It develops NFC access, payments, and engagement solutions for event managers to monitor and run events. It uses a wearable wristband that allows multi credential access to different areas of an event site. It allows users to make payments using the RFID bracelet. It consists of kiosks that let visitors to an event find information and offers and engage on social media. The chief end use cases are at music festivals, sports stadiums, business conferences, and more. It also offers consulting services to help event managers develop marketing strategies for events.
- Aug 2022Conventional Debt$923.5K
- Aug 2022Series A$3.9M
- Nov 2021Series A$3.2M
- Aug 2020Series A$3.1M
#5
Series A · Montreal, Montreal · founded 2017 · 38 employees$11.8Mraised▾
SaaS-based VR systems for the construction industry. It enables users to create a 3D model for understanding and interacting in the virtual environment. The cloud solution enables users to scan and capture photorealistic 3D models, measure and document contextual information, and reorganize contents.
- Feb 2023Series A$10M
- Jun 2020Seed$1.8M
#6
Deadpooled · Montreal, Montreal · founded 2011 · 40 employees$21Mraised▾
OMsignal is apparel that continuously tracks users biometrics to help you connect to a fitter, healthier, happier self. Embedded sensors in the apparel monitor your heart rate, breathing and activity while the OMsignal app displays the data in real-time on the mobile phone. OMsignal can be worn on a daily basis.
- Sep 2016Series A$10M
- Sep 2015Conventional Debt$3.5M
- Jun 2014Series A$10M
- Jun 2013Seed$1M
#7
Acquired · Montreal, Montreal · founded 2012 · 60 employees$18.4Mraised▾
Offers a cloud big data analytics platforms for insights and intelligence to connected object manufacturers. Their solutions are tailored to five verticals: wearable devices, industry, automotive, buildings and healthcare. Their solution analyzes the data generated by devices and provides distinct benefits such as: understand user behavior and feature requirements, discover overloaded resources and patterns to predict unanticipated events and adaptive patient tracking and monitoring as well as decreased re-hospitalization. Also enables developers to build, deploy and manage data-rich applications for connected devices.
- Oct 2018Series B—
- Jan 2018Series B$13.4M
- May 2015Series A$5M
#8
Seed · Montreal, Montreal · founded 2015 · 28 employees$6.8Mraised▾
AI-powered WiFi motion intelligence solutions for elder care, smart homes, and security applications. The company leverages existing WiFi infrastructure to detect human presence, activity, sleep patterns, and environmental changes without additional hardware like cameras or wearables. Their technology analyzes WiFi signal distortions using advanced AI models to provide non-invasive monitoring.
- Feb 2020Seed—
- Nov 2018Seed$3M
- Feb 2018Seed$1.5M
- Jul 2017Seed$1.7M
#9
Seed · Montreal, Montreal · founded 2016 · 30 employees$1.1Mraised▾
Real-time monitoring and analytic system for beehives. Nectar is an early-stage startup involved in the development of a sensor-based monitoring system for beekeepers in Canada. It claims that the specially designed sensors will translate the signals emitted by beehives into meaningful information for the beekeeper and will notify the beekeeper in the case of requirement of intervention.
- Nov 2021Seed—
- Sep 2019Seed$830K
- Jul 2016Seed$290K
#10
Funding Raised · Montreal, Montreal · founded 2008 · 27 employees$3Mraised▾
Ormuco provides an edge PaaS and decentralized platform for building and deploying applications. Claims that it helps users to build Infrastructure as a Service (IaaS), tap into decentralization for increasing revenue, reducing O&M load with cognitive assistance, and automate the deployment of systems and applications on demand.
- Aug 2019Grant (prize money)$3M
#11
Acqui-Hired · Montreal, Montreal · founded 1998 · 23 employees$4Mraised▾
Odotech Inc. designs, develops, and markets odor measurement and monitoring solutions. It also measures and monitors odors and predicts their impact. Some of its products include OdoFlux, sampling chamber for odors and volatile chemicals from surface sources; Odile, a dilution olfactometer quantifies odors using a panel; Tropos, a software for modeling and display of the atmospheric dispersion of odors; PolAir, atmospheric dispersion modeling and display software; OdoWatch, a network comprises electronic noses, a weather tower, and a central control unit; and OdoScan site operators. In addition, it offers consulting services the fields of odor, air quality, risk assessment, and environmental impact studies.
- Feb 2008Series B$4M
#12
Late Stage · Montreal, Montreal · founded 1998$3Mraised▾
Developers of wireless earpieces. It has developed earpieces for people working in a noisy environment. Its earpieces capture the voice from inside the ear canal and communicate it to the other person wearing the earphones. Its earphones communicate using a smartphone app. Its earphones have embedded sensors that allow the user to constantly monitor user's heart rate, oxygenation, temperature, and stress level, and in case vitals fall below specified parameters, the app first gives a vocal warning to the user through the ear-piece and then sends alert messages to the concerned person. It facilitates direct communication with the wearer and determines the exact GPS location of the wearer in case of emergency.
- May 2012Post IPO$3M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Internet of Things - Industry Applications coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Internet of Things is moving in Canada
A read on the academic research around Internet of Things — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 959 Canada-affiliated papers.
- Artificial Intelligence in Medicine74
- Carleton University61
- Concordia University57
- University of Waterloo50
- University of Ottawa45
- Computer security5→52
- Wireless2→48
- Wireless sensor network14→58
- Scalability1→41
- Computer network9→49
- Wireless7→32
- Computer security3→27
- Software deployment2→13
- Edge computing1→11
- World Wide Web1→11
- Key (lock)2→12
- Computer security6→15
- World Wide Web3→7
- Smart city3→7
- Internet privacy2→6
Where iot 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 iot patents in Canada
Canada iot patent filing is cooling — 13,905 filings from 8,000 assignees (2016–2025), led by Research IN Motion, Blackberry, Nortel Networks; annual filings 1764→732.
- Research IN Motion8385
- Blackberry5290
- Nortel Networks972
- Toronto Dominion BANK417
- Ericsson Telefon AB L M384
- Huawei TECH354
- Geotab341
- Cognitive Systems332
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.