Best Road Transport Tech Companies in Toronto, Canada
The 40 best Road Transport Tech companies in Toronto, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Joyride.
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 Toronto
| # | Company | Disclosed funding | Employees | Last round | Stage | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Precise ParkLink Tech-enabled platform offering parking management solutions | — | 283 | — | Unfunded | — | Cart FunctionalitySquarespace CommerceSquarespace+30 | — |
| 2 | Rent Centric Software provider for rental and shared car operations | — | 87 | — | Unfunded | — | Apple iCloud MailMicrosoft 365Windows Server+16 | — |
| 3 | Joyride Provider of a SaaS-driven mobility solution for multi-vehicle rental companies | $9M | 30 | 29 mo ago | Series A | Vince Cifani Co-Founder & CEO | DokanCart FunctionalityWooCommerce+39 | 1 launch · 1 partnership |
| 4 | Pantonium Web-based fleet routing and dispatching management software | $2M | 30 | 74 mo ago | Funding Raised | — | — | — |
| 5 | HonkMobile App-based marketplace for parking spaces | $3M | 29 | 131 mo ago | Seed | Raj Iyer Co-Founder & Coo | WordPressMySQLPHP+31 | — |
| 6 | Curbo Provide car subscription services | — | 23 | — | Funding Raised | Noble Sahota Co-Founder | Node.jsNextAuth.jsRadix UI+26 | 1 job opening |
| 7 | Velocia App-based rewards platform for mobility | $2M | 18 | 49 mo ago | Series A | Eldredge Bermingham Co-Founder | — | — |
| 8 | Metavera Technology solutions for carsharing and fleet management | — | 18 | — | Acqui-Hired | — | — | — |
Top 7 Road Transport Tech companies in Toronto
#1
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
#2
Series A · Toronto, Ontario · founded 2018 · 18 employees$2.5Mraised▾
Velocia is an app-based reward platform for mobility. Users can earn rewards whenever they ride/share a car, bike/scooter share or use public transit. Once the users are done with their ride, they get reward points for it. It can accumulate & redeemed on the next trip. The app is available for both Android and iOS devices.
- Aug 2022Series A$2.5M
- Mar 2020Series A—
- Feb 2019Seed—
#3
Funding Raised · Toronto, Ontario · founded 2009 · 30 employees$2.1Mraised▾
Pantonium is a web-based fleet routing and dispatching management software. The features of the product are dispatching, on-demand trip optimization, live tracking vehicle location, driver scheduling, and work tracking, report generation, etc. The solution is offered for public transport, non-emergency medical transportation, smart mobility, and autonomous vehicles.
- Jun 2020Grant (prize money)$2.1M
#4
Seed · Toronto, Ontario · founded 2013 · 29 employees$3Mraised▾
HonkMobile is an app-based marketplace for parking spaces in North American locations. The app enables parking space owners to list their spaces out for rent. Prospective parkers can search, compare, book & pay for parking spaces after providing relevant details.
- Oct 2015Seed$3M
#5
Seed · Toronto, Ontario · founded 2019 · 10 employees$120Kraised▾
App-based platform offering electric kick-scooter sharing services. The platform enables users to find, book and unlock vehicles through mobile applications. Users can scan the QR code to access the vehicle. At the end of the ride, users have to leave the vehicle at any place responsibly. The scooters offered are equipped with GPS & anti-theft features. The mobile application is available for Android and iOS platforms.
- Jul 2021Seed$120K
#6
Seed · Toronto, Ontario · founded 2017 · 10 employees—raised▾
Drop Mobility is focused on providing urban micro-mobility services. The company offers stationless electric bikes, kick scooters, and bicycle rental services. Users can find & book nearby available bicycles/scooters, access the reserved vehicle by scanning the QR code, and make payments for their trip via the mobile app. The app is available for both Android & iOS devices.
- Jan 2024Seed—
#7
Seed · Toronto, Ontario · founded 2016—raised▾
Space share is a company that offers an online marketplace for users to rent and share real estate spaces. The platform offers spaces for events, public storage, parking, and other activities. The spaces are listed by homeowners on the portal for free. The space seeker can browse for spaces and can request to book it from the platform, once confirmed the space provider can book the space by making a payment online. The company earns revenue by charging a fixed commission for the transactions happening in the platform.
- Feb 2017Seed—
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 in Toronto is moving
A read on the academic research around Autonomous Vehicles in Toronto — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 65 papers.
- University of Toronto39
- Toronto Metropolitan University26
- Computer security4
- Computer network3
- Convolutional neural network2
- Focus (optics)2
- Distributed computing2
- Trajectory4
- Geometric design4
- Kinematics4
- Reinforcement learning4
- Metric (unit)3
- Transport engineering3
- Object detection2
- Circular economy2
- Sustainability2
- State (computer science)2
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.