Best Wearable Technology Companies in Ontario, Canada
The 124 best Wearable Technology companies in Ontario, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: North.
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 Ontario
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | North Provider of smart eyewear solution for consumers | $267M | 91 mo ago | 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 | 16 mo ago | 62 | Jean Fournier CEO | ShopifyBootstrapRevy+35 | — | 1 award |
| 3 | BIONIK Provider of assistive and rehabilitation hardware and software solutions | $40M | 108 mo ago | 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 | 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 | Nymi Developer of wearable multi-factor authentication solution for passwordless access and security | $30M | 96 mo ago | 43 | — | Wix eCommerceWixSentry+22 | 52 patents Wearable biometric authentication and motion‑based user activity monitoring for secure access | 1 partnership |
| 6 | Xandar Kardian Provider of radar-based sensors for detecting human presence | $24M | 54 mo ago | 36 | Sung Cho Co-Founder | WordPressMySQLPHP+31 | — | — |
| 7 | Synex Medical Developer of non-invasive health monitoring technology using magnetic resonance spectroscopy | $5M | 67 mo ago | 24 | Ben Nashman Founder & CEO | Apple iCloud MailGoogle WorkspaceSalesforce+11 | 30 patents Patents concentrated in health & consumer products | — |
| 8 | AdHawk Microsystems Developer of imaging sensors embedded smart glasses | $5M | 104 mo ago | 41 | Sandro Banerjee Co-Founder | — | 32 patents Compact MEMS optical scanners and low-power eye‑tracking systems for vision interfaces | — |
| 9 | 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 | 3 | — | WordPressMySQLPHP+10 | 48 patents Patents concentrated in electrical & electronics | — |
| 10 | eSight Provider of wearable glasses to help people with low vision to see | $4M | 84 mo ago | 51 | — | WordPressMySQLPHP+31 | 118 patents Advanced wearable near‑eye optics and vision‑augmentation systems for AR/VR displays | 3 launchs |
| 11 | CardioComm Solutions Provides software for electrocardiogram (“ECG”) management and reporting software | $4M | 144 mo ago | 23 | Etienne Grima CEO | Cart FunctionalityWooCommerceWordPress+15 | 2 patents Unlocking and managing OTC biosignal recording devices for health monitoring | — |
| 12 | Kiwi Wearable Technologies Motion Recognition Software | $2M | 129 mo ago | — | Ali Nawab Co-Founder & CEO | — | — | — |
| 13 | AioCare Developer of cloud-based SaaS solutions for care coordination and remote patient monitoring | $2M | 178 mo ago | 10 | Michael Gross CEO & Chairman | — | — | — |
| 14 | TritonWear Developer of tech hardware for swimming analytics | $2M | 116 mo ago | 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 | — |
| 15 | Medella Health Contact lenses for continuous and non-invasive monitoring of glucose levels | $1M | 120 mo ago | 3 | — | — | — | — |
| 16 | Myant The company develops AI-optimized health solutions using textile computing | $1M | 61 mo ago | — | Tony Chahine Founder & CEO | WordPressApple iCloud MailGoogle Workspace+24 | 184 patents Integrated textile-based biometric and physiological sensing for smart garments | 1 partnership |
| 17 | GaitTronics Develops robots for effortless mobility for seniors | $600K | 167 mo ago | 2 | — | — | 5 patents Intelligent control systems for patient gait assistance and rehabilitation devices | — |
| 18 | Hearshot Voice communication device for water sports | $550K | 123 mo ago | — | Sebastian Koper Co-Founder | — | 3 patents Wireless communication integration into helmets for high‑motion activities | — |
| 19 | Brink Bionics Developer of robotic upper-limb replacement technology | $334K | 69 mo ago | 1 | Erik Lloyd Co-Founder & CEO | — | 7 patents EMG-based low‑latency control and modular prosthetic hand technologies for myoelectric devices | — |
| 20 | Longan Vision Provider of augmented reality-based smart visor solutions for firefighters | $314K | 68 mo ago | 10 | Enzo Jia Co-Founder & CEO | WebflowYouTubecore-js+7 | 3 patents AR head‑mounted display optics with eye‑tracking and waveguide illumination | 1 launch |
| 21 | Smart Nora Developer of a smart device to control snoring | $250K | 31 mo ago | — | Behzad Hariri Co-founder | ShopifyZohoShop Pay+40 | — | — |
| 22 | NURO Developer of non-surgical neurotechnology facilitating communication via thought and intent | $250K | 98 mo ago | 4 | Francois Gand Founder & CEO | — | 9 patents Brain-computer interface systems and neurodiagnostic platforms for cognitive monitoring | — |
| 23 | Zergo Nanotechnology sensor-based test kits for tracking ovulation and fertility at home | $180K | 83 mo ago | 2 | — | — | — | — |
| 24 | Penta Medical Provider of a wearable athletic injury management system | $180K | 96 mo ago | — | Alexa Roeper Co-Founder & CEO | — | — | — |
| 25 | iMerciv Assistive wearable technology for visually impaired | $150K | 80 mo ago | 2 | Bin Liu Co-Founder & CEO | — | 5 patents Object detection hardware and methods for image/video analysis | — |
| 26 | HelpWear Wearable device for cardiac monitoring | $120K | 108 mo ago | 19 | — | — | 12 patents Wearable dry‑electrode ECG monitoring devices for single‑arm cardiac sensing | — |
Top 12 Wearable Technology companies in Ontario
#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
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
#4
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
#5
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
#6
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
#7
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
#8
Seed · Toronto, Ontario · founded 2015$250Kraised▾
Developer of a smart device to control snoring. Its device records and detects the snore sounds and makes a movement in the pillow when the snoring crosses the sound limit to interrupt the individual and stop the snoring. It caters to multiple age groups.
- Nov 2023Seed$250K
#9
Seed · Toronto, Ontario · founded 2017 · 24 employees$5.3Mraised▾
Developer of non-invasive health monitoring technology using magnetic resonance spectroscopy. The technology measures blood metabolites like glucose and lactate without a needle prick. It uses magnetic resonance to measure hydrogen atoms in metabolites. Radio frequency pulses target protons in glucose molecules, enhancing signals. The technology isolates and measures analyte signals to determine blood concentrations.
- Oct 2020Seed$5.3M
#10
Seed · Toronto, Ontario · founded 2006 · 51 employees$4.1Mraised▾
eSight has developed sight-enhancing, clinically validated electronic glasses that assist people with low vision or people who are blind and are suffering from a range of eye conditions. The glasses are designed to automatically focus thereby allowing users to transition between nearsighted objects to long-distance without difficulty, as well as provides the ability to manually zoom in on items.
- May 2019Conventional Debt$10M
- May 2015Seed$562.6K
- 2013Seed$950K
- Jul 2012Seed$1.8M
#11
Public · Toronto, Ontario · founded 1989 · 23 employees$3.9Mraised▾
CardioComm Solutions’ specializes in the software engineering of computer based electrocardiogram (“ECG”) management and reporting software. This software permits physician interpretations of ECGs and supports private and public payer fee-for-service billings. CardioComm Solutions offerings include PC and LAN based products known as GEMS( Global ECG Management System), internet based SAAS and ASP software is known as GC3/12 (Global Cardio 3 and 12 lead), a medical ECG service (call centre model) is operated under the C4 name (CardioComm Solutions Coordinating Centre) and a consumer based HeartCheck driven call centre under the Smart Monitoring name
- 2014Post IPO—
- Feb 2012Post IPO$2M
- Feb 2011Post IPO$150K
- Dec 2010Post IPO$300K
#12
Series A · Kitchener, Ontario · founded 2015 · 41 employees$4.6Mraised▾
Developer of imaging sensors embedded smart glasses. The product is based on a CMOS-MEMS technology platform. A micro-scanner positions a diffractive optic element (DOE) to direct a beam of infrared light towards the eye, finger, or head. One or more photodiodes can detect the reflection at a unique angle that corresponds to the user’s gaze direction or finger/head position.
- Oct 2017Series A$4.6M
- 2017Series A—
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
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.