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Radar · Wearable Technology in Canada

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.

239companies tracked
$610.9Mdisclosed funding
0unicorns
78have raised

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.

Sources & further reading
  • Wearable technology market set to double by 2030 as AI and health trac
  • Electronic Wearable Market
FLIAR INTELLIGENCE · WEARABLE TECHNOLOGY × CANADA

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.

50companies analysed
93%cloud-native stacks
2025funding peak (by rounds)
2unicorns
2013median founding year
145kcombined LinkedIn audience
48%of audience held by top 3
3companies hiring publicly (12 mo)

Ranked: Best Wearable Technology companies in Canada

#CompanyDisclosed fundingLast roundStageEmployeesFounderTech stackPatents & IP focusRecent signals
1North
Provider of smart eyewear solution for consumers
$267M91 mo agoAcqui-Hired200——323 patents
Patents concentrated in computing, sensing & instrumentation
—
2Muse
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
$41M15 mo agoSeries C62Jean Fournier
CEO
ShopifyBootstrapRevy+35—1 award
3BIONIK
Provider of assistive and rehabilitation hardware and software solutions
$40M108 mo agoPublic12Michal Prywata
Co-Founder
———
4Flosonics 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
$39M15 mo agoSeries C38—WordPressApple iCloud MailGoogle Workspace+3722 patents
Wearable ultrasound flow sensing patches and dynamic fluid control systems for medical applications
2 job openings · 2 awards
5Orpyx
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
$39M20 mo agoSeries B89Breanne Everett
Co-Founder & CEO
Apple iCloud MailMicrosoft 365Node.js+20——
6Nymi
Developer of wearable multi-factor authentication solution for passwordless access and security
$30M96 mo agoAcquired43—Wix eCommerceWixSentry+2252 patents
Wearable biometric authentication and motion‑based user activity monitoring for secure access
1 partnership
7Xandar Kardian
Provider of radar-based sensors for detecting human presence
$24M54 mo agoSeries A36Sung Cho
Co-Founder
WordPressMySQLPHP+31——
8Connect&Go
Provider of a wearable device for guest engagement
$18M45 mo agoAcquired49Dominic Gagnon
Co-Founder & CEO
SentryZendeskVuetify+313 patents
Certificate-less authentication and encryption for secure communications
—
9Recon Instruments
Heads-up Display technology for sports and activity-specific environments
$17M145 mo agoAcqui-Hired75————
10Data Sciences Int.
Wireless implantable telemetry devices and data analytic IT solutions
$12M292 mo agoAcquired180—Progress SitefinityWindows ServerKendo UI+14—1 launch
11Fatigue Science
Provider of sleep analyzing and tracking wearable devices
$11M76 mo agoSeries A40Andrew Morden
CEO
HubSpot CMS HubSentrySalesforce+26—3 partnerships
12Aerial
AI-powered WiFi motion intelligence solutions for elder care, smart homes, and security applications
$7M76 mo agoSeed28Michel Allegue
Co-Founder & CTO
Apache HTTP ServerAmazon Web ServicesLodash+10——
13Eli
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
$7M12 mo agoSeries A19Marina Rivas
Co-Founder & CEO
Cart FunctionalityShopifyShop Pay+28——
14Synex Medical
Developer of non-invasive health monitoring technology using magnetic resonance spectroscopy
$5M67 mo agoSeed24Ben Nashman
Founder & CEO
Apple iCloud MailGoogle WorkspaceSalesforce+1130 patents
Patents concentrated in health & consumer products
—
15AdHawk Microsystems
Developer of imaging sensors embedded smart glasses
$5M104 mo agoSeries A41Sandro Banerjee
Co-Founder
—32 patents
Compact MEMS optical scanners and low-power eye‑tracking systems for vision interfaces
—
16AI 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
$4M14 mo agoPublic3—WordPressMySQLPHP+1048 patents
Patents concentrated in electrical & electronics
—
17eSight
Provider of wearable glasses to help people with low vision to see
$4M84 mo agoSeed51—WordPressMySQLPHP+31118 patents
Advanced wearable near‑eye optics and vision‑augmentation systems for AR/VR displays
3 launchs
18Kognitiv Spark
Cloud-based industrial holographic platform for remote support & training
$4M51 mo agoSeries A33Yan Simard
Co-Founder & CEO
Cart FunctionalitySquarespace CommerceSquarespace+24—1 expansion
19CardioComm Solutions
Provides software for electrocardiogram (“ECG”) management and reporting software
$4M144 mo agoPublic23Etienne Grima
CEO
Cart FunctionalityWooCommerceWordPress+152 patents
Unlocking and managing OTC biosignal recording devices for health monitoring
—
20Total Flow Medical
Developer of medical devices for cardiopulmonary bypass
$4M49 mo agoSeed5Luke Harris
Co-founder and Inventor
———
21EERS 4.0
Developers of wireless earpieces
$3M168 mo agoLate Stage—Nick Laperle
Co-Founder & President
WordPressApple iCloud MailMicrosoft 365+314 patents
In-ear acoustic protection and health monitoring with integrated communication technology.
—
22Intellitix
Provider of mobile app and API security solutions
$3M175 mo agoSeries A43—Cart FunctionalitySquarespace CommerceSquarespace+24—1 job opening · 2 launchs
23Kiwi Wearable Technologies
Motion Recognition Software
$2M129 mo agoDeadpooled—Ali Nawab
Co-Founder & CEO
———
24AioCare
Developer of cloud-based SaaS solutions for care coordination and remote patient monitoring
$2M178 mo agoSeed10Michael Gross
CEO & Chairman
———
25LGTmedical
Smartphone attached pulse oximeter
$2M147 mo agoDeadpooled7Tom Walker
President & CEO
———
26TritonWear
Developer of tech hardware for swimming analytics
$2M116 mo agoSeed11Tristan Lehari
Co-Founder & CEO
HubSpot CMS HubFacebook LoginLinkedin Sign-in+2613 patents
Wireless wearable sensor systems for real-time biometric metric calculation and feedback
—
27Health Tech Connex
Brain wave monitoring devices
$2M69 mo agoSeed48————
28Plantiga
Provider of smart insoles for activity tracking
$1M59 mo agoSeed9Norman McKay
Co-Founder
Cart FunctionalitySquarespace CommerceSquarespace+1812 patents
Integrated footbed suspension systems for improved comfort in footwear
—
29Medella Health
Contact lenses for continuous and non-invasive monitoring of glucose levels
$1M120 mo agoSeed3————
30Myant
The company develops AI-optimized health solutions using textile computing
$1M61 mo agoFunding Raised—Tony Chahine
Founder & CEO
WordPressApple iCloud MailGoogle Workspace+24184 patents
Integrated textile-based biometric and physiological sensing for smart garments
1 partnership
31iLOC Technologies
Provider of GPS tracking devices
$1M151 mo agoSeed1Bob Aloisio
Co-Founder
—12 patents
Real-time personal geolocation and perimeter monitoring via wearable beacon devices.
—
32Leap Medical
A non-invasive device to detect brain injuries and infections
$1M194 mo agoDeadpooled—Victor Lanzo
Co-Founder & CEO
———
33Enject
Developer of drug delivery device to inject glucagon and treat severe hypoglycemia
$1M201 mo agoDeadpooled—Richard Rylander
CEO & Co-Founder
———
34Sens
Provider of a wearable headset and companion app for mental health management
$900K127 mo agoAcquired—Paola Telfer
Co-Founder & CEO
Cart FunctionalityTypeScriptGraphQL+3048 patents
Closed-loop wearable neurostimulation and EEG/biometric monitoring for cognitive assessment
2 launchs
35Zennea Technologies
Provider of therapeutic sleep wearable for treating sleep apnea
$781K64 mo agoDeadpooled12Nell Du
Co-Founder
———
36Vrvana
3D immersive Virtual Reality headset
$750K—Acquired15——3 patents
Patents concentrated in computing, sensing & instrumentation
—
37GaitTronics
Develops robots for effortless mobility for seniors
$600K167 mo agoEarly Stage2——5 patents
Intelligent control systems for patient gait assistance and rehabilitation devices
—
38Hearshot
Voice communication device for water sports
$550K123 mo agoDeadpooled—Sebastian Koper
Co-Founder
—3 patents
Wireless communication integration into helmets for high‑motion activities
—
39Relevium technologies
Provider of magnetic wearable devices for pain relief and rehabilitation
$400K72 mo agoPublic—Aurelio Useche
CEO
———
40TENZR
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
$400K18 mo agoSeed24—WixSentryApple iCloud Mail+14——
41Brink Bionics
Developer of robotic upper-limb replacement technology
$334K69 mo agoSeed1Erik Lloyd
Co-Founder & CEO
—7 patents
EMG-based low‑latency control and modular prosthetic hand technologies for myoelectric devices
—
42Longan Vision
Provider of augmented reality-based smart visor solutions for firefighters
$314K68 mo agoSeed10Enzo Jia
Co-Founder & CEO
WebflowYouTubecore-js+73 patents
AR head‑mounted display optics with eye‑tracking and waveguide illumination
1 launch
43BodiTrak
Provider of smart fabric for pressure sensing
$300K119 mo agoEarly Stage—Bruce Macfarlane
CEO
———
44Smart Nora
Developer of a smart device to control snoring
$250K31 mo agoSeed—Behzad Hariri
Co-founder
ShopifyZohoShop Pay+40——
45NURO
Developer of non-surgical neurotechnology facilitating communication via thought and intent
$250K98 mo agoSeed4Francois Gand
Founder & CEO
—9 patents
Brain-computer interface systems and neurodiagnostic platforms for cognitive monitoring
—
46Zergo
Nanotechnology sensor-based test kits for tracking ovulation and fertility at home
$180K83 mo agoSeed2————
47Penta Medical
Provider of a wearable athletic injury management system
$180K96 mo agoDeadpooled—Alexa Roeper
Co-Founder & CEO
———
48iMerciv
Assistive wearable technology for visually impaired
$150K80 mo agoFunding Raised2Bin Liu
Co-Founder & CEO
—5 patents
Object detection hardware and methods for image/video analysis
—
49Bionic Power
Wearable charger packs
$106K23 mo agoSeries A19—WordPressMySQLZoho+1859 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.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Funding
top 26%
Tech
top 30%
Growth
top 35%
Innovation
top 38%
Product
top 39%
Moat
top 39%
Funding: Raised $41.0M across 11 rounds · 11 rounds over 14 yrs (0.8/yr) · Last round Series C (Feb 2025)
Tech: 54 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud · Observability: Sentry
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 12k LinkedIn followers — 8.5% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Feb 2025Series C$173.3K
  • Nov 2024Series C$201.6K
  • Aug 2022Series C$9.5M
  • Jan 2018Series B$1.3M
Founders & team
Jean FournierCEO
Investors
ff Venture Capital, BDC, Export Development Canada, Phyto Partners, Iter Investments, CHOC
Tech stack
Apple PayBootstrapChargebeeClevertapCloudflareConvert
#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.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Funding
top 29%
Moat
top 32%
Product
top 35%
Patents
top 39%
Innovation
top 42%
Tech
top 44%
Funding: Raised $39.0M across 4 rounds · 4 rounds over 8 yrs (0.5/yr) · Last round Venture Debt (Mar 2025)
Moat: Editorial + unicorn rating 7/10 · IP moat: 22 patents · 10 curated direct competitors tracked
Product: 2 distinct product lines · Company stage: Series C
Audience (LinkedIn): 8k LinkedIn followers — 5.5% of this cohort's audience
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Clinical Data Scientist, Jr. Quality Assurance Specialist
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
  • Mar 2025Venture Debt$5.2M
  • May 2024Series C$20M
  • Feb 2021Series A$14M
  • Sep 2019Grant (prize money)—
Investors
iGan Partners, Genesys Capital, MaRS IAF, Accel-Rx, Northern Ontario Angels, Amplify Capital
Tech stack
Apple Icloud MailBootstrapCdnjsCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#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.

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Innovation
top 25%
Growth
top 25%
News
top 25%
Tech
top 31%
Talent
top 38%
Funding
top 40%
Innovation: 4 new-product events in 24 mo · Deep-tech classification: Tech Hardware
Growth: Fresh capital in last 24 mo
News: 4 BI events in 12 mo (of 12 tracked, 4 types) · +300% YoY · Top themes: New product
Audience (LinkedIn): 16k LinkedIn followers — 11.1% of this cohort's audience
Activity (LinkedIn): 3 product launches · 1 awards announced in 12 mo
Funding rounds
  • Jun 2025Series A$12M
  • Jan 2025Seed$1.1M
  • Apr 2023Seed$3.7M
  • Dec 2020Seed$1.5M
Founders & team
Marina RivasCo-Founder & CEOThomas CortinaCo-founder
Investors
Techstars, Real Ventures, Panache Ventures, Ramen Ventures, MEDTEQ, 2048 Ventures
Tech stack
AliaAlpine.JsApple PayCart FunctionalityCloudflareCore-Js
#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.

Fliar Intelligence Index™ 53how this company ranks against its industry peers
Funding
top 29%
Growth
top 35%
Tech
top 39%
Product
top 46%
Talent
bottom 49%
Market
bottom 41%
Funding: Raised $38.5M across 3 rounds · 3 rounds over 6 yrs (0.5/yr) · Last round Series B (Sep 2024)
Growth: Fresh capital in last 24 mo
Tech: 27 technologies across 5/8 capability areas · Cloud: Cloudflare · Devops: Nginx
Audience (LinkedIn): 6k LinkedIn followers — 4.2% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Medical Sales Representative
Funding rounds
  • Sep 2024Series B$20M
  • Oct 2023Series A$11K
  • Jul 2020Series A$5.6M
Founders & team
Breanne EverettCo-Founder & CEO
Investors
Aphelion Capital, Thin Air Labs, Intergenconnect, Relentless Venture Fund, Viewpoint Group, ICM Asset Management
Tech stack
Apple Icloud MailBluehostCloudflareCloudflare Bot ManagementCookie ScriptCore-Js
#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.

Fliar Intelligence Index™ 42how this company ranks against its industry peers
Patents
top 19%
Innovation
top 22%
AI
top 30%
Moat
top 32%
Product
top 35%
Funding
top 37%
Patents: 48 patents matched (strict assignee match) · 12 filings since 2022 vs 7 in 2017-21 · Latest publication 2025
Innovation: 48 patents (top 22% of patent-holders) · 12 filings since 2022 vs 7 in 2017-21 · Deep-tech classification: Artificial Intelligence, Tech Hardware
AI: Classified as an AI company · Product described with: ai-based
Funding rounds
  • 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.

Funding rounds
  • Nov 2018Grant (prize money)$24M
  • Oct 2018Series C$130M
  • Sep 2016Series B$120M
  • 2013Seed$1.1M
Investors
Intel Capital, Fidelity, Spark Capital, First Round Capital, inovia, Alexa Fund
#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.

Fliar Intelligence Index™ 35how this company ranks against its industry peers
Growth
top 35%
Tech
top 48%
Product
bottom 45%
Funding
bottom 42%
Global
bottom 38%
Market
bottom 32%
Growth: Fresh capital in last 24 mo
Tech: 18 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud · Observability: Sentry
Product: 2 published apps (1.0k installs) · Company stage: Seed
Funding rounds
  • Nov 2024Seed$399.8K
  • 2024Seed—
Investors
PAX Momentum, Particular Ventures, Seeders, Expert DOJO, Keiretsu Forum
Tech stack
Apple Icloud MailBootstrapCloudflareGoogle CloudGoogle Cloud CdnGsap
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers — 5.7% of this cohort's audience
Funding rounds
  • Aug 2022Conventional Debt$923.5K
  • Aug 2022Series A$3.9M
  • Nov 2021Series A$3.2M
  • Aug 2020Series A$3.1M
Founders & team
Dominic GagnonCo-Founder & CEO
Investors
Finalta Capital, Careys, Gestal, Financiere Outremont
Tech stack
ActivecampaignAmazon CloudfrontAmazon Web ServicesAxeptioBootstrapCart Functionality
#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.

Funding rounds
  • Dec 2021Series A$10M
  • Dec 2019Seed$3M
  • Apr 2018Seed$650K
Founders & team
Sung ChoCo-Founder
Investors
Phoenix Venture Partners, Portfolia, Taronga Ventures, The Longevity Fund, Saltagen Ventures, Upward
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 2.5% of this cohort's audience
Funding rounds
  • Jul 2024Series A—
  • Jan 2009Seed$29K
  • May 2008Seed$27K
  • Oct 2007Seed$50K
Investors
WUTIF Capital, Foresight
Tech stack
CloudflareCore-JsElementorEwww Image OptimizerFont AwesomeGoogle Analytics
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers — 5.1% of this cohort's audience
Activity: 1 partnerships (incl. HEITEC) announced in 12 mo
Funding rounds
  • Jun 2018Series C—
  • May 2017Series B$15M
  • Sep 2014Series A$14M
  • Aug 2013Seed$1.4M
Investors
Relay Ventures, GII, Ignition Partners, Mastercard, Export Development Canada, Salesforce Ventures
Tech stack
BootstrapCloudflareCloudflare Bot ManagementDocusignGoogle AnalyticsGoogle Cloud
#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.

Funding rounds
  • May 2017Post IPO—
  • Apr 2016Post IPO$27M
  • Jul 2015Post IPO$13.1M
Founders & team
Michal PrywataCo-Founder
Investors
Ginger Capital, MBX Capital, Hammerstone Capital, Financiere Saint James, The DMZ
Tech stack
Nginx

Funding & investor landscape

$610.9Mtotal disclosed funding
63companies funded
136disclosed rounds
0rounds last 90 days
Most active investors
Accelerator Centre12 rounds
Ontario Brain Institute10 rounds
Velocity10 rounds
Ontario Centre of Innovation9 rounds
BDC7 rounds
L-Spark5 rounds
MaRS Discovery District5 rounds
Real Ventures5 rounds
The DMZ5 rounds
Y Combinator5 rounds

Notable founders

Jean Fournier
CEO · Muse
Marina Rivas
Co-Founder & CEO · Eli
Thomas Cortina
Co-founder · Eli
Breanne Everett
Co-Founder & CEO · Orpyx
Dominic Gagnon
Co-Founder & CEO · Connect&Go
Sung Cho
Co-Founder · Xandar Kardian
Michal Prywata
Co-Founder · BIONIK
Andrew Morden
CEO · Fatigue Science
Yan Simard
Co-Founder & CEO · Kognitiv Spark
Ryan Groom
Co-Founder & CTO · Kognitiv Spark
Luke Harris
Co-founder and Inventor · Total Flow Medical
Michel Allegue
Co-Founder & CTO · Aerial
Prism market signals · Canada · country-scoped Prism corpus, 8,314,289 docs

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

RESEARCH SIGNALS · Canada

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.

research sentiment over time
200920212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 38% → 51% across 2009–2026.
top research entities
  • York University21
  • McGill University19
  • Ministry of Health16
  • University of Toronto15
  • McGill University Health Centre14
leading researchers
Michael C. Riddell · Denice S. Feig · Rémi Rabasa‐Lhoret · Sémah Tagougui · Lauren V. Turner · Ronnie Aronson · Harpreet S. Bajaj · Jennifer M. Yamamoto
▲ Breakthroughs20 · 8%
▲ 8%→11% share
▲1.4× share momentum2 median citations85% since 2021mostly methods-led
Continuous glucose monitoring breakthroughs are surging — Canadian papers rose from 1 to 8, alongside Insulin jumping 1 to 5.
rising sub-themes (early→recent)
  • Continuous glucose monitoring1→8
  • Insulin1→5
Landmark Preventing Exercise-Induced Hypoglycemia in Type 1 Diabetes Using Real-Time Continuous Glucose Monitoring and a New Carb · 145 cites
◆ Advancements124 · 50%
▼ 50%→47% share
▼0.9× share momentum4 median citations58% since 2021mostly empirical
Diabetes-focused advancements are intensifying — CGM papers tripled (16→39), Type 2 diabetes quadrupled (6→24), Glycemic nearly doubled (11→25).
rising sub-themes (early→recent)
  • Continuous glucose monitoring16→39
  • Diabetes mellitus18→38
  • Type 2 diabetes6→24
  • Glycemic11→25
  • Type 1 diabetes8→20
Newly emergingType 2 Diabetes Mellitus 0→5
Landmark Noninvasive Diagnostic Devices for Diabetes through Measuring Tear Glucose · 147 cites
▼ Concerns69 · 28%
▼ 31%→24% share
▼0.8× share momentum5 median citations52% since 2021mostly empirical
Pregnancy-related wearable health concerns are newly emerging — papers rose from 1 to 5 alongside CGM concern papers nearly doubling (10→19).
rising sub-themes (early→recent)
  • Diabetes mellitus12→22
  • Continuous glucose monitoring10→19
  • Type 1 diabetes5→12
  • Insulin3→8
  • Pregnancy1→5
Landmark ISPAD Clinical Practice Consensus Guidelines 2022: Glycemic targets and glucose monitoring for children, adol · 220 cites
RESEARCH HOTSPOTS · Canada

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.

Montreal37 · +0.22
Hot · Type 1 diabetesAdvancing · Randomized controlled trialOpportunity · Diabetic ketoacidosisConcern · Hypoglycemia
Edmonton/Calgary21 · +0.21
Hot · Blood Glucose Self-MonitoringAdvancing · Continuous glucose monitoringOpportunity · PregnancyConcern · Diabetes mellitus
Toronto15 · -0.01
Hot · GlycemicAdvancing · Diabetes mellitusOpportunity · PopulationConcern · Intensive care medicine
Vancouver11 · +0.39
Hot · Continuous glucose monitoringAdvancing · Diabetes mellitusOpportunity · Glycemic
Ottawa/Kingston10 · -0.05
Hot · Diabetes mellitusOpportunity · HypoglycemiaConcern · Continuous glucose monitoring
Waterloo/Hamilton7 · +0.49
Hot · GlycemicOpportunity · Wearable computer
PATENT SIGNAL · Canada

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.

23 filings11 assigneespeak 4/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • SALU Design Group6
  • Mindfull Solutions3
  • Philips Electronics3
  • Tarkett Sports Canada3
  • UNIV Kingston2
  • Health Gauge2
  • Deloitte LLP1
  • WANG SHAN1

Common questions

How many Wearable Technology companies are there in Canada?
Radar tracks 239 indexable Wearable Technology companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by Wearable Technology companies in Canada?
The Wearable Technology companies in Canada on this list have raised a combined $610.9M in disclosed equity funding across 63 funded companies.
Which is the highest-funded Wearable Technology company in Canada?
North is the highest-funded Wearable Technology company in Canada, with $266.7M in disclosed equity funding.
How many Wearable Technology companies in Canada are funded?
63 of the 239 Wearable Technology companies in Canada on this list have disclosed at least one equity funding round.
How many Wearable Technology unicorns are there in Canada?
None of the Wearable Technology companies in Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Canada Wearable Technology companies?
The most active investors in Canada Wearable Technology companies on this list include Accelerator Centre, Ontario Brain Institute, Velocity, Ontario Centre of Innovation, BDC.
Rohit KhannaTrends & Stories

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.

Coming soon