Best Wearable Technology Companies in Canada
The 239 best Wearable Technology companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: North.
Canada's Wearable Technology sector has 239 companies tracked, $611M in total disclosed funding, and zero unicorns yet — which tells you exactly where the opportunity sits. North leads the pack at $267M raised, a figure that dwarfs every other name on this list. Muse ($41M), Orpyx ($39M), and Flosonics Medical ($39M) cluster tightly behind it, and I'd argue that mid-tier concentration is actually the more interesting story. The global market hit $61.7B in 2023 and is forecast to reach $466.5B by 2032 at a 15.9% CAGR, driven by connected devices, falling data costs, and carriers hunting new revenue streams.
So what's moving right now? Application momentum is real: median install growth sits at roughly +15% YoY across nearly 2,800 tech and biotech apps. Clinical and safety use cases are expanding fast, from AI-powered industrial safety wearables entering the field to sign-language translation devices pushing into accessibility. Investors like BDC, Ontario Brain Institute, and Velocity are backing Canadian founders across exactly these verticals. The rankings below sort by disclosed equity funding and recent momentum — use them as your shortcut into a sector that's clearly not waiting around.
- Wearable technology market set to double by 2030 as AI and health trac
- Electronic Wearable Market
Our analysis of 50 Wearable Technology companies
$7.0b in tracked funding; 93% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Wearable Technology companies in Canada
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | North Provider of smart eyewear solution for consumers | $267M | 91 mo ago | Acqui-Hired | 200 | — | — | 323 patents Patents concentrated in computing, sensing & instrumentation | — |
| 2 | Muse Provider of brainwave tracking devices and related premium subscription services 62Funding top 26%Tech top 30%Growth top 35%Innovation top 38% All 10 signals ▾Fundingtop 26% Techtop 30% Growthtop 35% Innovationtop 38% Producttop 39% Moattop 39% Customerstop 50% Talentbottom 49% Marketbottom 46% Globalbottom 38% Funding: Raised $41.0M across 11 rounds · 11 rounds over 14 yrs (0.8/yr) Tech: 54 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud rank vs industry peers · Fliar Intelligence Index 62/100 | $41M | 15 mo ago | Series C | 62 | Jean Fournier CEO | ShopifyBootstrapRevy+35 | — | 1 award |
| 3 | BIONIK Provider of assistive and rehabilitation hardware and software solutions | $40M | 108 mo ago | Public | 12 | Michal Prywata Co-Founder | — | — | — |
| 4 | Flosonics Medical Developer of non-invasive hemodynamic monitoring devices 48Funding top 29%Moat top 32%Product top 35%Patents top 39% All 9 signals ▾Fundingtop 29% Moattop 32% Producttop 35% Patentstop 39% Innovationtop 42% Techtop 44% Globalbottom 43% Marketbottom 39% Newsbottom 22% Funding: Raised $39.0M across 4 rounds · 4 rounds over 8 yrs (0.5/yr) Moat: Editorial + unicorn rating 7/10 · IP moat: 22 patents rank vs industry peers · Fliar Intelligence Index 48/100 | $39M | 15 mo ago | Series C | 38 | — | WordPressApple iCloud MailGoogle Workspace+37 | 22 patents Wearable ultrasound flow sensing patches and dynamic fluid control systems for medical applications | 2 job openings · 2 awards |
| 5 | Orpyx Wearable devices for neuropathy patients and athletes 53Funding top 29%Growth top 35%Tech top 39%Product top 46% All 8 signals ▾Fundingtop 29% Growthtop 35% Techtop 39% Producttop 46% Talentbottom 49% Marketbottom 41% Globalbottom 37% Newsbottom 18% Funding: Raised $38.5M across 3 rounds · 3 rounds over 6 yrs (0.5/yr) Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 53/100 | $39M | 20 mo ago | Series B | 89 | Breanne Everett Co-Founder & CEO | Apple iCloud MailMicrosoft 365Node.js+20 | — | — |
| 6 | Nymi Developer of wearable multi-factor authentication solution for passwordless access and security | $30M | 96 mo ago | Acquired | 43 | — | Wix eCommerceWixSentry+22 | 52 patents Wearable biometric authentication and motion‑based user activity monitoring for secure access | 1 partnership |
| 7 | Xandar Kardian Provider of radar-based sensors for detecting human presence | $24M | 54 mo ago | Series A | 36 | Sung Cho Co-Founder | WordPressMySQLPHP+31 | — | — |
| 8 | Connect&Go Provider of a wearable device for guest engagement | $18M | 45 mo ago | Acquired | 49 | Dominic Gagnon Co-Founder & CEO | SentryZendeskVuetify+31 | 3 patents Certificate-less authentication and encryption for secure communications | — |
| 9 | Recon Instruments Heads-up Display technology for sports and activity-specific environments | $17M | 145 mo ago | Acqui-Hired | 75 | — | — | — | — |
| 10 | Data Sciences Int. Wireless implantable telemetry devices and data analytic IT solutions | $12M | 292 mo ago | Acquired | 180 | — | Progress SitefinityWindows ServerKendo UI+14 | — | 1 launch |
| 11 | Fatigue Science Provider of sleep analyzing and tracking wearable devices | $11M | 76 mo ago | Series A | 40 | Andrew Morden CEO | HubSpot CMS HubSentrySalesforce+26 | — | 3 partnerships |
| 12 | Aerial AI-powered WiFi motion intelligence solutions for elder care, smart homes, and security applications | $7M | 76 mo ago | Seed | 28 | Michel Allegue Co-Founder & CTO | Apache HTTP ServerAmazon Web ServicesLodash+10 | — | — |
| 13 | 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 | 12 mo ago | Series A | 19 | Marina Rivas Co-Founder & CEO | Cart FunctionalityShopifyShop Pay+28 | — | — |
| 14 | Synex Medical Developer of non-invasive health monitoring technology using magnetic resonance spectroscopy | $5M | 67 mo ago | Seed | 24 | Ben Nashman Founder & CEO | Apple iCloud MailGoogle WorkspaceSalesforce+11 | 30 patents Patents concentrated in health & consumer products | — |
| 15 | AdHawk Microsystems Developer of imaging sensors embedded smart glasses | $5M | 104 mo ago | Series A | 41 | Sandro Banerjee Co-Founder | — | 32 patents Compact MEMS optical scanners and low-power eye‑tracking systems for vision interfaces | — |
| 16 | AI ML Innovations Provider of an AI and SaaS-based digital health monitoring platform and device for healthcare providers 42Patents top 19%Innovation top 22%AI top 30%Moat top 32% All 12 signals ▾Patentstop 19% Innovationtop 22% AItop 30% Moattop 32% Producttop 35% Fundingtop 37% Partnerstop 37% Newstop 43% Growthtop 45% Globalbottom 37% Techbottom 24% Marketbottom 18% Patents: 48 patents matched (strict assignee match) · 12 filings since 2022 vs 7 in 2017-21 Innovation: 48 patents (top 22% of patent-holders) · 12 filings since 2022 vs 7 in 2017-21 rank vs industry peers · Fliar Intelligence Index 42/100 | $4M | 14 mo ago | Public | 3 | — | WordPressMySQLPHP+10 | 48 patents Patents concentrated in electrical & electronics | — |
| 17 | eSight Provider of wearable glasses to help people with low vision to see | $4M | 84 mo ago | Seed | 51 | — | WordPressMySQLPHP+31 | 118 patents Advanced wearable near‑eye optics and vision‑augmentation systems for AR/VR displays | 3 launchs |
| 18 | Kognitiv Spark Cloud-based industrial holographic platform for remote support & training | $4M | 51 mo ago | Series A | 33 | Yan Simard Co-Founder & CEO | Cart FunctionalitySquarespace CommerceSquarespace+24 | — | 1 expansion |
| 19 | CardioComm Solutions Provides software for electrocardiogram (“ECG”) management and reporting software | $4M | 144 mo ago | Public | 23 | Etienne Grima CEO | Cart FunctionalityWooCommerceWordPress+15 | 2 patents Unlocking and managing OTC biosignal recording devices for health monitoring | — |
| 20 | Total Flow Medical Developer of medical devices for cardiopulmonary bypass | $4M | 49 mo ago | Seed | 5 | Luke Harris Co-founder and Inventor | — | — | — |
| 21 | EERS 4.0 Developers of wireless earpieces | $3M | 168 mo ago | Late Stage | — | Nick Laperle Co-Founder & President | WordPressApple iCloud MailMicrosoft 365+31 | 4 patents In-ear acoustic protection and health monitoring with integrated communication technology. | — |
| 22 | Intellitix Provider of mobile app and API security solutions | $3M | 175 mo ago | Series A | 43 | — | Cart FunctionalitySquarespace CommerceSquarespace+24 | — | 1 job opening · 2 launchs |
| 23 | Kiwi Wearable Technologies Motion Recognition Software | $2M | 129 mo ago | Deadpooled | — | Ali Nawab Co-Founder & CEO | — | — | — |
| 24 | AioCare Developer of cloud-based SaaS solutions for care coordination and remote patient monitoring | $2M | 178 mo ago | Seed | 10 | Michael Gross CEO & Chairman | — | — | — |
| 25 | LGTmedical Smartphone attached pulse oximeter | $2M | 147 mo ago | Deadpooled | 7 | Tom Walker President & CEO | — | — | — |
| 26 | TritonWear Developer of tech hardware for swimming analytics | $2M | 116 mo ago | Seed | 11 | Tristan Lehari Co-Founder & CEO | HubSpot CMS HubFacebook LoginLinkedin Sign-in+26 | 13 patents Wireless wearable sensor systems for real-time biometric metric calculation and feedback | — |
| 27 | Health Tech Connex Brain wave monitoring devices | $2M | 69 mo ago | Seed | 48 | — | — | — | — |
| 28 | Plantiga Provider of smart insoles for activity tracking | $1M | 59 mo ago | Seed | 9 | Norman McKay Co-Founder | Cart FunctionalitySquarespace CommerceSquarespace+18 | 12 patents Integrated footbed suspension systems for improved comfort in footwear | — |
| 29 | Medella Health Contact lenses for continuous and non-invasive monitoring of glucose levels | $1M | 120 mo ago | Seed | 3 | — | — | — | — |
| 30 | Myant The company develops AI-optimized health solutions using textile computing | $1M | 61 mo ago | Funding Raised | — | Tony Chahine Founder & CEO | WordPressApple iCloud MailGoogle Workspace+24 | 184 patents Integrated textile-based biometric and physiological sensing for smart garments | 1 partnership |
| 31 | iLOC Technologies Provider of GPS tracking devices | $1M | 151 mo ago | Seed | 1 | Bob Aloisio Co-Founder | — | 12 patents Real-time personal geolocation and perimeter monitoring via wearable beacon devices. | — |
| 32 | Leap Medical A non-invasive device to detect brain injuries and infections | $1M | 194 mo ago | Deadpooled | — | Victor Lanzo Co-Founder & CEO | — | — | — |
| 33 | Enject Developer of drug delivery device to inject glucagon and treat severe hypoglycemia | $1M | 201 mo ago | Deadpooled | — | Richard Rylander CEO & Co-Founder | — | — | — |
| 34 | Sens Provider of a wearable headset and companion app for mental health management | $900K | 127 mo ago | Acquired | — | Paola Telfer Co-Founder & CEO | Cart FunctionalityTypeScriptGraphQL+30 | 48 patents Closed-loop wearable neurostimulation and EEG/biometric monitoring for cognitive assessment | 2 launchs |
| 35 | Zennea Technologies Provider of therapeutic sleep wearable for treating sleep apnea | $781K | 64 mo ago | Deadpooled | 12 | Nell Du Co-Founder | — | — | — |
| 36 | Vrvana 3D immersive Virtual Reality headset | $750K | — | Acquired | 15 | — | — | 3 patents Patents concentrated in computing, sensing & instrumentation | — |
| 37 | GaitTronics Develops robots for effortless mobility for seniors | $600K | 167 mo ago | Early Stage | 2 | — | — | 5 patents Intelligent control systems for patient gait assistance and rehabilitation devices | — |
| 38 | Hearshot Voice communication device for water sports | $550K | 123 mo ago | Deadpooled | — | Sebastian Koper Co-Founder | — | 3 patents Wireless communication integration into helmets for high‑motion activities | — |
| 39 | Relevium technologies Provider of magnetic wearable devices for pain relief and rehabilitation | $400K | 72 mo ago | Public | — | Aurelio Useche CEO | — | — | — |
| 40 | TENZR Online platform providing devices for physical therapy rehabilitation 35Growth top 35%Tech top 48%Product bottom 45%Funding bottom 42% All 6 signals ▾Growthtop 35% Techtop 48% Productbottom 45% Fundingbottom 42% Globalbottom 38% Marketbottom 32% Growth: Fresh capital in last 24 mo Tech: 18 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud rank vs industry peers · Fliar Intelligence Index 35/100 | $400K | 18 mo ago | Seed | 24 | — | WixSentryApple iCloud Mail+14 | — | — |
| 41 | Brink Bionics Developer of robotic upper-limb replacement technology | $334K | 69 mo ago | Seed | 1 | Erik Lloyd Co-Founder & CEO | — | 7 patents EMG-based low‑latency control and modular prosthetic hand technologies for myoelectric devices | — |
| 42 | Longan Vision Provider of augmented reality-based smart visor solutions for firefighters | $314K | 68 mo ago | Seed | 10 | Enzo Jia Co-Founder & CEO | WebflowYouTubecore-js+7 | 3 patents AR head‑mounted display optics with eye‑tracking and waveguide illumination | 1 launch |
| 43 | BodiTrak Provider of smart fabric for pressure sensing | $300K | 119 mo ago | Early Stage | — | Bruce Macfarlane CEO | — | — | — |
| 44 | Smart Nora Developer of a smart device to control snoring | $250K | 31 mo ago | Seed | — | Behzad Hariri Co-founder | ShopifyZohoShop Pay+40 | — | — |
| 45 | NURO Developer of non-surgical neurotechnology facilitating communication via thought and intent | $250K | 98 mo ago | Seed | 4 | Francois Gand Founder & CEO | — | 9 patents Brain-computer interface systems and neurodiagnostic platforms for cognitive monitoring | — |
| 46 | Zergo Nanotechnology sensor-based test kits for tracking ovulation and fertility at home | $180K | 83 mo ago | Seed | 2 | — | — | — | — |
| 47 | Penta Medical Provider of a wearable athletic injury management system | $180K | 96 mo ago | Deadpooled | — | Alexa Roeper Co-Founder & CEO | — | — | — |
| 48 | iMerciv Assistive wearable technology for visually impaired | $150K | 80 mo ago | Funding Raised | 2 | Bin Liu Co-Founder & CEO | — | 5 patents Object detection hardware and methods for image/video analysis | — |
| 49 | Bionic Power Wearable charger packs | $106K | 23 mo ago | Series A | 19 | — | WordPressMySQLZoho+18 | 59 patents Wearable robotic exoskeletons for gait assistance, rehabilitation, and energy harvesting | — |
Top 12 Wearable Technology companies in Canada
#1
Series C · Toronto, Ontario · founded 2007 · 62 employees$41Mraised▾
Provider of brainwave tracking devices and related premium subscription services. The company offers devices that measure brain activity, heart rate, breath, and body movement. Data is tracked via application to improve focus, reduce stress, and enhance self-awareness. The devices use sensors to detect brain activity and provide biofeedback to optimize mental performance.
- Feb 2025Series C$173.3K
- Nov 2024Series C$201.6K
- Aug 2022Series C$9.5M
- Jan 2018Series B$1.3M
#2
Series C · Greater Sudbury, Ontario · founded 2015 · 38 employees$39Mraised▾
Flosonics Medical is a developer of non-invasive sensors for the management of critically ill patients, performing continuous monitoring of arterial flow with automatic artery detection. The company develops products for fluid responsiveness detection in the ICU, E.D, and operating room. The company's smart-bandage product, FloPatch, is designed to address the clinical needs of critically ill patients and the physicians, nurses, and paramedics who care for them in the ambulance, emergency department, operating room, and intensive care unit. The patch is disposable and is enabled with ultrasound technology.
- Mar 2025Venture Debt$5.2M
- May 2024Series C$20M
- Feb 2021Series A$14M
- Sep 2019Grant (prize money)—
#3
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
#4
Series B · Calgary, Alberta · founded 2010 · 89 employees$38.5Mraised▾
Wearable devices for neuropathy patients and athletes. It develops a sensor-based product, Orpyx SI, the sensory insoles with remote patient monitoring allows users to manage and prevent diabetic foot ulcers and limb loss through advanced foot sensor technology and real-time analytics. The insoles can fit above the shoe and capture pressure data from the user's feet. The pressure data is then wirelessly transmitted from the shoe inserts to a smartwatch. The smartwatch alerts the user at extreme pressure levels to modify their behaviour and avoid damage. The device can be used to track neuropathy and is FDA cleared. Other product lines include SurroSense Rx system, Orpyx LogR solution and SurroGai Rx system.
- Sep 2024Series B$20M
- Oct 2023Series A$11K
- Jul 2020Series A$5.6M
#5
Public · Toronto, Ontario · founded 2020 · 3 employees$4.4Mraised▾
Provider of an AI and SaaS-based digital health monitoring platform and device for healthcare providers. The company has developed a Health Gauge which assists professionals to monitor patients' health remotely with the help of AI-based technology. The tool has the ability to capture body vitals such as blood pressure, heart rate & HR variability, pulse wave velocity, and more. The AI used in the product can interpret health data on a real-time basis.
- Apr 2025Post IPO$1.5M
- Dec 2024Post IPO$17.1K
- Nov 2024Post IPO$1.1M
- Jun 2024Post IPO$373.8K
#6
Acqui-Hired · Kitchener, Ontario · founded 2012 · 200 employees$266.7Mraised▾
North provides smart eyewear solution for consumers. Its smart glass comes with a holographic display and supports features like such as voice to text, navigation, notifications and more. It is also equipped with Bluetooth, Qualcomm APQ8009w, IP55, 9-axis IMU and more. It works in integration with a companion application which is compatible with both iOS and Android devices. The package comes with a portable battery case and company provides customized prescription glasses to its customers. The company also provides Loop which is a Bluetooth enabled smart ring with a 4-directional thumb-controlled joystick controller for navigation in the glass.
- Nov 2018Grant (prize money)$24M
- Oct 2018Series C$130M
- Sep 2016Series B$120M
- 2013Seed$1.1M
#7
Seed · Surrey, British Columbia · founded 2017 · 24 employees$399.8Kraised▾
Online platform providing devices for physical therapy rehabilitation. The company offers smart device and mobile app that enables the physical therapy rehabilitation process. Users can connect with the device with software, take the mobility assessment test, and play games for the recovery process.
- Nov 2024Seed$399.8K
- 2024Seed—
#8
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
#9
Series A · Toronto, Ontario · founded 2005 · 36 employees$23.6Mraised▾
Provider of radar-based sensors for detecting human presence. The platform provides a radar system that detects the micro-vibrations created by humans during breathing. The features of the product include vital sign monitoring, fall detection, image processing, privacy protection, security and service optimization, energy-saving, and more.
- Dec 2021Series A$10M
- Dec 2019Seed$3M
- Apr 2018Seed$650K
#10
Series A · Vancouver, British Columbia · founded 2007 · 19 employees$106Kraised▾
Bionic Power’s first product - the PowerWalk M-Series - was developed in collaboration with the Canadian Forces and the US Army. With a device on each leg, a user walking at a comfortable speed generates an average of 12 watts of electricity. Now the company is also planning to make such products that can have applications in healthcare, direct consumer applications like on a trip etc.
- Jul 2024Series A—
- Jan 2009Seed$29K
- May 2008Seed$27K
- Oct 2007Seed$50K
#11
Acquired · Toronto, Ontario · founded 2011 · 43 employees$30.4Mraised▾
Developer of wearable multi-factor authentication solution for passwordless access and security. The company's offering is designed for use in IT and OT environments. It provides authentication for applications, systems, and networks. The wearable device supports compliance with industry regulations for managing access and electronic signatures.
- Jun 2018Series C—
- May 2017Series B$15M
- Sep 2014Series A$14M
- Aug 2013Seed$1.4M
#12
Public · Toronto, Ontario · founded 2010 · 12 employees$40.1Mraised▾
Bionik Labs provides assistive and rehabilitation hardware and software solutions for healthcare professionals and patients. Offers InMotion Interactive Therapy, that improves upper-extremity motor retraining for patients with neurological conditions and injuries and InMotionConnect which is a software system that assists therapists to monitor & analyze the patient's progress and neurological condition. Also offers InMotionARM, which is a shoulder & elbow evaluation & therapy solution for stroke, spinal cord injury, multiple sclerosis, Parkinson's & other neurological conditions and InMotionARM/HAND which is a solution to treat patients with different deficits such as severe impairment, high level strengthening or coordination.
- May 2017Post IPO—
- Apr 2016Post IPO$27M
- Jul 2015Post IPO$13.1M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Wearable Technology coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Wearable Health Tech is moving in Canada
A read on the academic research around Wearable Health Tech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 248 Canada-affiliated papers.
- York University21
- McGill University19
- Ministry of Health16
- University of Toronto15
- McGill University Health Centre14
- Continuous glucose monitoring1→8
- Insulin1→5
- Continuous glucose monitoring16→39
- Diabetes mellitus18→38
- Type 2 diabetes6→24
- Glycemic11→25
- Type 1 diabetes8→20
- Diabetes mellitus12→22
- Continuous glucose monitoring10→19
- Type 1 diabetes5→12
- Insulin3→8
- Pregnancy1→5
Where wearable health 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 wearable health patents in Canada
Canada wearable health patent filing is steady — 23 filings from 11 assignees (2016–2025), led by SALU Design Group, Mindfull Solutions, Philips Electronics; annual filings 3→3.
- SALU Design Group6
- Mindfull Solutions3
- Philips Electronics3
- Tarkett Sports Canada3
- UNIV Kingston2
- Health Gauge2
- Deloitte LLP1
- WANG SHAN1