Best Internet of Things - Industry Applications Companies in Ottawa, Canada
The 40 best Internet of Things - Industry Applications companies in Ottawa, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Raven Telemetry.
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 Ottawa
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Raven Telemetry Cloud-based platform for assets monitoring 45Moat top 31%Funding top 37%Talent top 38%Growth top 45% All 10 signals ▾Moattop 31% Fundingtop 37% Talenttop 38% Growthtop 45% AItop 45% Techtop 48% Patentsbottom 44% Innovationbottom 38% Marketbottom 37% Globalbottom 36% Moat: Editorial + unicorn rating 7/10 · IP moat: 10 patents Funding: Raised $18.6M across 3 rounds · 3 rounds over 8 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 45/100 | $19M | 43 mo ago | Series A | Priyansh Srivastava Co-Founder | 2013 | WordPressMySQLPHP+27 | 10 patents Industrial IoT analytics and augmented management for equipment performance and location tracking. | — |
| 2 | BluWave-ai Developer of artificial intelligence software for optimizing energy grid operations 64Innovation top 21%Patents top 24%Moat top 25%Talent top 25% All 11 signals ▾Innovationtop 21% Patentstop 24% Moattop 25% Talenttop 25% AItop 30% Fundingtop 40% Producttop 40% Globalbottom 40% Marketbottom 38% Techbottom 34% Newsbottom 22% Innovation: 51 patents (top 30% of patent-holders) · 42 filings since 2022 vs 9 in 2017-21 Patents: 51 patents matched (strict assignee match) · 42 filings since 2022 vs 9 in 2017-21 rank vs industry peers · Fliar Intelligence Index 64/100 | $18M | 44 mo ago | Series A | Paul Georges Leroux Co-Founder | 2017 | jQueryHSTSGoogle Workspace+3 | 51 patents Smart EV charger fleet management and grid power allocation communication systems | 1 award |
| 3 | Blumind Developer of all-analog AI neural network architecture for edge applications 53AI top 25%Innovation top 31%Patents top 34%Funding top 35% All 9 signals ▾AItop 25% Innovationtop 31% Patentstop 34% Fundingtop 35% Talenttop 38% Growthtop 45% Globalbottom 44% Techbottom 41% Marketbottom 23% AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC) Innovation: 21 patents (top 51% of patent-holders) · 21 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 53/100 | $14M | 16 mo ago | Series A | Niraj Mathur Co-Founder & CEO | 2020 | Craft CMSPHPYii+13 | 21 patents Patents concentrated in computing, sensing & instrumentation | — |
| 4 | Energate Provider of app-based demand response solutions & energy management software solutions | $7M | 170 mo ago | Acqui-Hired | — | 2004 | — | 21 patents Smart grid load control and demand‑response via adaptive duty‑cycling thermostats | — |
| 5 | Else Labs Provider of connected cooking robots | $2M | 108 mo ago | Seed | — | 2013 | — | — | — |
| 6 | GaitTronics Develops robots for effortless mobility for seniors | $600K | 170 mo ago | Early Stage | — | 2012 | — | 5 patents Assistive gait control systems for patient rehabilitation and mobility support | — |
| 7 | Raven Connected IoT-enabled vehicle tracking & driver monitoring solutions | — | 49 mo ago | Seed | — | 2015 | WordPressMySQLPHP+23 | 4 patents Patents concentrated in transport & manufacturing processes | 1 launch |
| 8 | EVE Provider of connected car ecosystem for OEMs | — | 97 mo ago | Seed | — | 2015 | — | — | — |
Top 8 Internet of Things - Industry Applications companies in Ottawa
#1
Series A · Ottawa, Ontario · founded 2020 · 12 employees$14Mraised▾
Developer of all-analog AI neural network architecture for edge applications. It delivers efficient power and low latency using standard CMOS process technology. The company's technology offers solutions using industry standard software tools for always-on applications. It provides devices, chiplets, IP, and software for integration into various products.
- Apr 2025Series A$14M
#2
Series A · Ottawa, Ontario · founded 2017 · 46 employees$17.8Mraised▾
Developer of artificial intelligence software for optimizing energy grid operations. The company provides solutions for smart grid optimization, data center energy management, and electric vehicle fleet orchestration. Its products support grid operators, utilities, and enterprises in managing energy storage and renewable energy resources. The company's technology also caters to off-grid microgrids and electric vehicle infrastructure.
- Dec 2022Series A$9.5M
- Nov 2022Conventional Debt$1.7M
- Apr 2022Series A$4.5M
- Mar 2020Seed$212.7K
#3
Series A · Ottawa, Ontario · founded 2013 · 65 employees$18.6Mraised▾
Cloud-based platform for assets monitoring. It uses artificial intelligence that offers tools for real-time prescriptive analytics connected with machines, collects data such as up-time, counts, and error codes, and transmits data to the cloud. It analyses this data to find patterns and predict the future performance of machines and allows escalation in case of any issues are found. It is a tool available on the subscription based pricing model.
- Jan 2023Series A$12M
- May 2018Series A$6.1M
- Seed$500K
#4
Acqui-Hired · Ottawa, Ontario · founded 2004 · 26 employees$7.2Mraised▾
Provider of app-based demand response solutions & energy management software solutions. It provides energy management solutions that enable energy management through its vertically integrated consumer-connected demand response platform. Its app is available for Android devices.
- Jun 2012Grant (prize money)$2.9M
- May 2010Series B$7.2M
#5
Seed · Ottawa, Ontario · founded 2013 · 18 employees$1.9Mraised▾
Provider of connected cooking robots. Else Labs lab has designed and developed a smart and internet-connected automatic cooking device called Oliver which is monitored and controlled using a mobile app. The app has pre-programmed recipes and will also guide the user step-by-step on how to proceed and load them into the 7 designated canisters in the device. After loading all the ingredients, the user can program Oliver to start cooking.
- Aug 2017Seed$1.8M
- Oct 2015Angel—
- Angel$150K
#6
Early Stage · Ottawa, Ontario · founded 2012 · 2 employees$600Kraised▾
GaitTronics has developed a robot which helps seniors in assisted moving. The robot named SoloWalk has completed the product development phase and the launch is targeted for early 2016. The product is targeted towards elders with hip replacement surgery. Owing to the minimal assistance needed, it greatly reduces the effort needed to be provided by care givers.
- Jun 2012Grant (prize money)—
#7
Seed · Ottawa, Ontario · founded 2015 · 20 employees—raised▾
Raven Connected offers IoT-enabled vehicle tracking & driver monitoring solutions. It offers dash cameras for personal and business purposes. It offers features like vehicle monitoring, critical event detection, security alerts, Wifi-hotspots, navigation, etc. The mobile app is available for both Android and iOS devices.
- Jul 2022Seed—
- Jul 2018Seed—
#8
Seed · Ottawa, Ontario · founded 2015 · 2 employees—raised▾
Provider of connected car ecosystem for OEMs. It provides tailored connected car platforms & software modules. Provides OEMs with a customizable connected car ecosystem that integrates consumer applications (social, productivity, travel & IoT), mobile platforms (Android & QNX), and OEM hardware.
- Jul 2018Seed—
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 Iot in Ottawa is moving
A read on the academic research around Iot in Ottawa — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 45 papers.
- University of Ottawa45
- Ottawa University1
- Wireless sensor network1→3
- Intrusion detection system2
- Wireless sensor network2
- Scheduling (production processes)2
- Efficient energy use2
- Nitrous oxide2
- Internet of Things3
- Wireless2
- Cloud computing2
- Reinforcement learning1
- Reliability (semiconductor)1
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.