Best Road Transport Tech Companies in Canada
The 232 best Road Transport Tech companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Miovision.
Canada's Road Transport Tech sector is bigger and busier than most people realize — 232 companies tracked, $767M in disclosed funding, and not a single unicorn in sight yet. That last point is worth sitting with. Miovision leads the pack at $307M raised, Spare Labs follows at $70M, and Spare at $59M, with Dejero at $88M rounding out the upper tier. So the capital is concentrated, but the field beneath it is wide open.
What's moving the needle right now? Median app install growth is running at roughly +15% year-over-year across more than 1,000 road and transportation apps, which tells you user adoption is real and accelerating. The thematic heat is striking too: coverage clustering around truck accidents, bus crashes, and traffic incidents signals that safety infrastructure and incident response are where the product urgency lives this quarter. Investors like BDC, Techstars, and the Ontario Centre of Innovation are active across the roster, which means early-stage companies here aren't starved for institutional attention. If you're scanning this directory for where Canadian road transport tech is heading, the funding spread from $4M to $307M tells you the range of bets still on the table.
Our analysis of 99 Road Transport Tech companies
$54.1b in tracked funding; 86% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
Ranked: Best Road Transport Tech companies in Canada
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | App-install YoY | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Miovision Developer of traffic management software and intelligent transportation hardware systems 80AI top 15%Funding top 24%Tech top 27%Moat top 31% All 11 signals ▾AItop 15% Fundingtop 24% Techtop 27% Moattop 31% Growthtop 32% Markettop 41% Innovationtop 43% Talentbottom 49% Patentsbottom 48% Globalbottom 47% Newsbottom 21% AI: Holds AI/ML patents (G06N-family CPC) Funding: Raised $307M across 7 rounds · 7 rounds over 15 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 80/100 | $307M | 38 mo ago | 384 | Tony B. Co-Founder | WordPressMySQLPHP+44 | — | 15 patents Intelligent transportation analytics and video compression technologies for traffic management | 1 launch |
| 2 | Dejero Technology solutions provider for broadcasting | $88M | 6 mo ago | 138 | Bogdan Frusina Founder | WordPressBetterDocsPlesk+34 | — | 259 patents Robust wireless broadband and WAN optimization for unreliable, multi‑network connections | 1 award |
| 3 | Spare Labs Saas-enabled platform offering comprehensive mobility management solutions | $70M | 21 mo ago | 118 | Kristoffer Vik Hansen Co Founder and CEO | SentryApple iCloud MailGoogle Workspace+21 | — | — | — |
| 4 | Spare Operations management solutions for transit operators | $59M | 21 mo ago | — | Josh Andrews Co-Founder & COO | WebflowApple iCloud MailPreact+16 | — | — | — |
| 5 | Facedrive App-based driver co-operative based ride-hailing platform | $56M | 50 mo ago | 78 | Imran Khan Co-Founder | — | — | — | — |
| 6 | Busbud App-based bus travel bookings | $46M | 51 mo ago | 86 | Michael Gradek Co-Founder and CTO | VarnishTailwind CSSBootstrap+21 | — | — | 2 awards |
| 7 | Transit App-based platform offering trip planning services | $25M | 91 mo ago | 196 | Sam Vermette Co-Founder & CEO | WordPressMySQLPHP+17 | +22% | 12 patents Optimizing ride‑sharing fleet routing and driver break scheduling algorithms | 1 job opening |
| 8 | Bus.com Online platform for booking charter bus | $22M | 28 mo ago | 108 | — | WordPressApple iCloud MailGoogle Workspace+27 | — | — | — |
| 9 | Aegis Mobility Software for safe driving targeted towards corporate fleets | $20M | 139 mo ago | 11 | — | — | — | 77 patents Context-aware mobile communication, NFC integration, and satellite-based location services | — |
| 10 | Teo Taxi Online electric car ride-hailing aggregator | $17M | 100 mo ago | 18 | — | HubSpot CMS HubTikTok PixelLinkedin Insight Tag+19 | +38% | — | — |
| 11 | RideCo Provider of on-demand transit software optimizing paratransit and microtransit service | $16M | 52 mo ago | 100 | Steve Jurvetson President & CEO | WebflowApple iCloud MailGoogle Workspace+27 | — | — | 1 internship · 1 launch · 1 partnership |
| 12 | Joyride Provider of a SaaS-driven mobility solution for multi-vehicle rental companies | $9M | 27 mo ago | 30 | Vince Cifani Co-Founder & CEO | DokanCart FunctionalityWooCommerce+39 | — | — | 1 launch · 1 partnership |
| 13 | Digital Payment Technologies Provider of multi-space parking meters, management software, and online services | $6M | 211 mo ago | — | Mike Simmons CEO & Chairman | HighchartsNginxGoogle Font API+6 | — | — | — |
| 14 | Pitstop Cloud based solution for predictive maintenance of vehicles | $6M | 38 mo ago | 29 | — | WordPress Block EditorBreakdanceWordPress+41 | — | — | 1 partnership |
| 15 | Treepz App-based bus tickets booking platform | $4M | 40 mo ago | 68 | John Shaibu Co-Founder | Node.jsGoogle Sign-inTailwind CSS+12 | — | — | — |
| 16 | Kite Provider of multi-category electric micro-mobility solutions for residential properties | $4M | 7 mo ago | 5 | — | WixSentryBootstrap+11 | — | — | — |
| 17 | HonkMobile App-based marketplace for parking spaces | $3M | 128 mo ago | 29 | Raj Iyer Co-Founder & Coo | WordPressMySQLPHP+31 | +22% | — | — |
| 18 | Loop Scooters Electric scooter sharing service | $3M | 78 mo ago | 4 | Anwar Sukkarie Founder & CEO | — | — | — | — |
| 19 | Velocia App-based rewards platform for mobility | $2M | 46 mo ago | 18 | Eldredge Bermingham Co-Founder | — | — | — | — |
| 20 | Pantonium Web-based fleet routing and dispatching management software | $2M | 72 mo ago | 30 | — | — | — | 3 patents Optimizing real-time routing and dispatch for mass transit vehicle fleets | — |
| 21 | Eva App-based platform offering taxi-hailing and on-demand delivery services | $1M | 54 mo ago | 46 | — | Google MapsAzure Front DoorReact+11 | — | — | 1 partnership |
| 22 | Bixi Online booking platform for shared bikes | $1M | 153 mo ago | — | Christian Vermette CEO & MD | WordPressMySQLPHP+18 | +20% | — | — |
| 23 | Drive Power Smartphone distraction avoidance apps | $866K | 155 mo ago | — | Michael Moen CEO | — | — | — | — |
| 24 | Roll Scooter App-based platform offering electric kick-scooter sharing services | $120K | 59 mo ago | 10 | Richard Cao Founder & CEO | — | — | — | — |
| 25 | Trapeze Group Tech-enabled comprehensive operations management software solutions for transit operators | $106K | 133 mo ago | 1,001 | Peter Schneck CEO | WordPressApple iCloud MailMicrosoft 365+31 | — | — | — |
Top 12 Road Transport Tech companies in Canada
#1
Series C · Waterloo, Ontario · founded 2008 · 138 employees$87.8Mraised▾
Technology solutions provider for broadcasting. It provides media broadcasting services that include remote acquisition, management & distribution of professional live video over IP networks. It offers live broadcasting of news and other stories through wireless video cellular networks. Offers LIVE Plus platform for broadcasters, media organizations, and mobile production companies to transmit the live video over a cellular network. It also provides public transit/transportation operators with end-to-end connectivity solutions like software, hardware, network & connectivity services for bus, rail, and vehicle fleets.
- Dec 2025Venture Debt$20M
- Feb 2022Conventional Debt$13M
- Apr 2021Series C$47.8M
- Nov 2017Series B$25.1M
#2
Series A · Thornhill, Ontario · founded 2020 · 5 employees$3.5Mraised▾
Provider of multi-category electric micro-mobility solutions for residential properties. The company offers multi-vehicle rental services for residents and guests where users can find and book electric micro-mobility like electric kick scooters, bicycles, and more. in their vicinity through mobile applications. The mobile application is available for Android and iOS platforms.
- Oct 2025Series A—
- Aug 2023Seed$3.5M
- Sep 2022Seed—
#3
Series B · Vancouver, British Columbia · founded 2015$59Mraised▾
Operations management solutions for transit operators. The platform provides an end-to-end ecosystem for operating modern paratransit and public transportation services.
- Sep 2024Series B$31M
- Jun 2024Series A$10M
- Nov 2021Series A$18M
#4
Funding Raised · Vancouver, British Columbia · founded 2015 · 118 employees$70Mraised▾
Saas-enabled platform offering comprehensive mobility management solutions. The company offers tools for mobility companies for launching, operating, and managing their services. The company's products include autonomous platforms for smart shuttling providing real-time ETAs for shuttle commuters, a mobile-based scalable carpooling platform for companies and their employees, and custom-made solutions at clients' request.
#5
Series D · Kitchener, Ontario · founded 2005 · 384 employees$307.3Mraised▾
Developer of traffic management software and intelligent transportation hardware systems. Products include video detection cameras, signal performance analytics, and adaptive signal control technology. The offerings facilitate emergency vehicle preemption and transit signal priority to improve traffic flow. Additional capabilities include portable data collection devices and cloud-based platforms for monitoring intersection performance and safety. These tools assist in managing signalized intersections and analyzing multimodal traffic data for operational planning.
- Apr 2023Series D$194.5M
- Jan 2020Conventional Debt$15.2M
- Jan 2020Series C$75.9M
- May 2018Series B$11.7M
#6
Series B · Montreal, Montreal · founded 2013 · 108 employees$21.7Mraised▾
Online platform for booking charter bus. Users can book buses by providing location, destination, user details, payment details, preferred dates, and more.
- Feb 2024Series B$600K
- Jun 2019Series B$15.2M
- Apr 2017Series A$5M
- 2016Seed$120K
#7
Series A · Toronto, Ontario · founded 2014 · 30 employees$8.9Mraised▾
Joyride is a provider of a SaaS-driven mobility solutions for multi-vehicle rental companies. Users have to install the hardware on the bike to build cycling programs for the bike-sharing system, receive damage and maintenance alerts, and track the location of the bike. It offers an online platform to manage cycling events, generate reports and provide ride analytics.
- Mar 2024Series A$5.2M
- Jun 2021Seed$3.7M
- Jan 2021Grant (prize money)$282K
#8
Public · Richmond Hill, Ontario · founded 2015 · 78 employees$55.7Mraised▾
App-based driver co-operative based ride-hailing platform. Their platform enables users to book their ride by providing location, passenger details, and more. It offers features like real-time tracking, variant payment options, and more. It offers various services like food delivery, electric car subscription, an online marketplace to buy/sell apparel & more. Their mobile app is available for Android devices.
- Apr 2022Post IPO$17.5M
- Mar 2022Post IPO—
- Feb 2022Post IPO$4.7M
- Feb 2021Grant (prize money)$2M
#9
Series C · Montreal, Montreal · founded 2011 · 86 employees$46Mraised▾
App-based bus travel bookings. It helps users find and select bus routes through clear and organized digital tools. The platform supports comparing options so trips can be planned with simplicity. It offers an online space where tickets and travel details are managed in one place.
- Feb 2022Series C$11M
- Sep 2020Series C$12M
- Sep 2018Series B$2M
- Jan 2018Series B$11M
#10
Acquired · Kitchener, Ontario · founded 2015 · 29 employees$5.6Mraised▾
Cloud-based solution for predictive maintenance of vehicles. The OBD device connects to the vehicle and sends vehicle ECU data to the cloud. Using AI and data analytics users get proactively informed about the vehicle health by the app. It sends vehicle health alerts to the users and also to service centres for vehicle maintenance-related support.
- Apr 2023Series A$3.8M
- Oct 2020Series A—
- May 2019Seed$1.1M
- Jul 2016Seed—
#11
Series A · Waterloo, Ontario · founded 2012 · 100 employees$15.9Mraised▾
Provider of on-demand transit software optimizing paratransit and microtransit service. The software streamlines operations, improves service efficiency, and increases productivity. It offers solutions for eligibility, reservations, scheduling, and dispatching. The software also provides reporting for operational and business intelligence.
- Feb 2022Series A$15.8M
- Jun 2015Seed$125K
#12
Seed · Brampton, Ontario · founded 2019 · 68 employees$4.4Mraised▾
App-based bus tickets booking platform. Travelers can check the availability of the tickets by providing the destination, date of traveling, number of passengers, and more. Bookings can be made through the app by providing an online payment. Their app is available for iOS and Android devices.
- Feb 2023Seed$1.2M
- 2022Seed—
- Nov 2021Seed$1.5M
- Aug 2021Seed$1.3M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Road Transport Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Autonomous Vehicles is moving in Canada
A read on the academic research around Autonomous Vehicles — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 602 Canada-affiliated papers.
- University of Waterloo92
- Carleton University42
- University of Toronto39
- Concordia University36
- University of Ottawa29
- Computer vision1→18
- Robustness (evolution)1→13
- Control theory (sociology)2→14
- Object detection1→11
- Convolutional neural network1→5
- Computer vision1→14
- Control theory (sociology)1→13
- Trajectory1→12
- Real-time computing1→10
- Automation1→6
- Systems engineering1→4
Where autonomous vehicles 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 autonomous vehicles patents in Canada
Canada autonomous vehicles patent filing is cooling — 334 filings from 341 assignees (2016–2025), led by Blackberry, Rohani Mohsen, Research IN Motion; annual filings 26→21.
- Blackberry18
- Rohani Mohsen16
- Research IN Motion15
- Huawei TECH12
- LUO JUN11
- Yeung Peter11
- Medicago10
- Xenon Pharmaceuticals10
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.