Best IT Services Companies in Toronto, Canada
The 375 best IT Services companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Q9 Networks.
Ranked: Best IT Services companies in Toronto
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Altus Group Provider of project management, asset management and IT consulting services | $40M | — | Acquired | 627 | — | ContentfulTurbopackNode.js+30 | — | 1 award |
| 2 | Xtreme Labs Provider of networking, security, cloud solutions, and other services | $20M | — | Acquired | — | Sunny Madra Co-Founder & CTO | — | 13 patents Patents concentrated in electrical & electronics | — |
| 3 | Orium Provider of headless commerce storefront software solutions for brands | $11M | — | Acquired | 61 | Jason Cottrell Founder & CEO | ContentfulTurbopackApple iCloud Mail+24 | — | — |
| 4 | BlancLink Provider of mobile application & web development and UX design services | $300K | — | Seed | 10 | — | — | — | — |
| 5 | 108ideaspace Provider of digital marketing and application development services | — | — | Unfunded | — | — | WordPressApple iCloud MailGoogle Workspace+25 | — | — |
| 6 | 247 Labs Provider of web & mobile application development services | — | — | Unfunded | 66 | — | WordPressMySQLPHP+21 | — | — |
| 7 | 3 Quotes Provider of IT procurement services and contract negotiation | — | — | Unfunded | — | — | — | — | — |
| 8 | 500 Creative Boutique Web Design Agency | — | — | — | — | — | — | — | — |
Top 12 IT Services companies in Toronto
#1
Series B · Toronto, Ontario · founded 2024$250Mraised▾
Provider of software acquisition and operational support for business growth. It acquires software businesses, promising to protect their legacy and deepen customer relationships. The company offers hands-on operational assistance and proven strategies across various departments. It provides back-office support, allowing teams to focus on customer service and product development. The company pairs businesses with experienced operating partners to navigate challenges and accelerate long-term growth.
- Nov 2025Series B$250M
- 2024Seed—
#2
Funding Raised · Toronto, Ontario · founded 2016$231.4Mraised▾
Urbacon provides data center design, construction, operation, and maintenance services. It provides colocation services with data centers in Montreal, Richmond Hill, Sault STE.MARIE, and Toronto. It designed over 2.5 million square feet of data center space and built over 2 million square feet of data center space. It operates in Canada and has over 27 years of data center experience.
- Aug 2025Conventional Debt$231.4M
#3
Acquired · Toronto, Ontario · founded 1991 · 1000 employees$353.7Mraised▾
Teranet is a company that designs, develops and operates land information systems for the legal, real estate and financial services industries. In addition to owning and operating the electronic land registration system for the Province of Ontario, the company has also developed specialized offerings to assist real estate agents, lawyers and financial institutions to manage their decision, document and risk management processes. Teranet is a wholly-owned investment of Borealis Infrastructure.
- Mar 2025Conventional Debt$353.7M
#4
Public · Toronto, Ontario · founded 2012$5.5Mraised▾
Provider of cybersecurity, data management, and IT solution services
- Jan 2026Post IPO$1.1M
- Jun 2025Post IPO$1.1M
- May 2025Post IPO$50.2K
- Apr 2025Post IPO$76.1K
#5
Series C · Toronto, Ontario · founded 2013 · 3 employees$92.9Mraised▾
Provider of cyber-security services
- Feb 2024Series C$92.9M
#6
Acquired · Toronto, Ontario · founded 2017 · 12 employees$475.3Mraised▾
Converge Technology is a software development service provider. Helps to develop software for various businesses. Builds a platform of regionally focused IT infrastructure.
- Aug 2021Post IPO$150M
- Jun 2021Post IPO$172.5M
- May 2021Post IPO$150M
- Jan 2021Post IPO—
#7
Acquired · Toronto, Ontario · founded 1995 · 201 employees$733.8Mraised▾
Provider of data center, cloud backup and disaster recovery services
- Nov 2010Conventional Debt$450M
- Apr 2010Conventional Debt$209.4M
- Apr 2001PE$56.5M
- 2000PE$17.8M
#8
Series A · Toronto, Ontario · founded 2021 · 26 employees$11.1Mraised▾
Developer of an end-to-end machine learning platform designed to take artificial intelligence (AI) teams from ideation to production at breakthrough speeds. The company's platform specializes in accelerating and empowering AI teams, also scale up and customizing clusters with a single line of code, enabling data science and machine learning teams to produce results in the form of products rather than experiments, while making them less reliant on engineers to take their research to market.
#9
Acquired · Toronto, Ontario · founded 2010 · 230 employees$17.1Mraised▾
Provider of IT services suite
- Oct 2020Series A$1.9M
- Sep 2019Series A$15.2M
#10
Acquired · Toronto, Ontario · founded 2005 · 627 employees$40Mraised▾
Altus Group is an advisory service, software and data solution company. Provides analytics and expert services that include project appraisal, cost segregation, debt valuation, due diligence, litigation support, valuation process administration. The analytics services include modeling of commercial, retail, residential and operated asset development projects, Sensitivity analysis, reporting of dynamic KPI, Development Budget and Reforecasting. Based out of Canada and extends operations in North America, Europe and Asia Pacific.Targets commercial real estate industry.
- Conventional Debt$40M
#11
Acquired · Toronto, Ontario · founded 2007$20Mraised▾
Provider of networking, security, cloud solutions, and other services
- Series B$20M
#12
Seed · Toronto, Ontario · founded 2021 · 11 employees$3Mraised▾
Developer of a technology platform designed to amplify human creative output and create a better internet for everyone. The company builds a computing architecture platform that enables new ways of delivering, distributing, and discovering mobile applications, helping developers, with no modifications or software development kit (SDK), to transform their existing native-mobile apps into fully native web applications.
- Jun 2022Seed$3M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of IT Services coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
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.