Top startups in Toronto for 2024

In Toronto, we rank 2177 startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Startups in Toronto are falling behind the performance of their global counterparts.

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Top Unicorns in Toronto for 2024

SB Score:754

1Password is a user-friendly password manager that securely stores documents, credit card info, and addresses. It offers convenience and peace of mind for users looking to keep their sensitive information safe and easily accessible.

Industry:
Software & Data
Subindustry:
Cybersecurity

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SB Score:687

Wealthsimple Inc. offers investment services through its affiliates, providing Invest and Smart Savings products to users across Canada. As a registered portfolio manager in every province and territory, Wealthsimple Inc. enables individuals to easily manage and grow their finances.

Industry:
Fintech
Subindustry:
Fintech-Other

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SB Score:657

FreshBooks is the go-to accounting software for service-based small businesses, offering professional invoice creation with your own branding. Easily accept credit card payments, track invoice views, create estimates, and send recurring invoices to clients. Simplify your accounting with FreshBooks.

Industry:
Software & Data
Subindustry:
SaaS

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Total amount:8

Best Startups in Toronto for 2024

SB Score:615

Ideogram is an artificial intelligence startup that provides generative text-to-image technology.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

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SB Score:614

LifeLabs, a Canadian-owned company with over 50 years of experience, is dedicated to meeting the healthcare needs of Canadians.

Industry:
Healthtech
Subindustry:
Biotechnology

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SB Score:613

KOHO Financial offers a user-friendly banking app for simplified access to financial products. Their platform is designed to make banking easier for all, providing a seamless experience for managing your money.

Industry:
Fintech
Subindustry:
Fintech-Other

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4th

Kik
SB Score:610

Kik allows users to connect with friends, groups, and the world through chat. Simply ask for someone's Kik to start chatting! Brands and content providers can also engage with their audience and attract new followers. Join the conversation and discover new ways to interact with others on Kik.

Industry:
Social & Leisure
Subindustry:
Social Media

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SB Score:608

Borrowell empowers Canadians with free credit score monitoring, personal loans, and product recommendations to make informed financial decisions. Helping users improve their credit and financial well-being, Borrowell is the go-to platform for taking control of your finances and becoming a credit hero.

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:599

StackAdapt is a user-friendly advertising platform offering native, display, video, connected TV, and audio ad solutions. Their advanced platform combines machine learning with a top-notch user experience, making it a go-to choice for multi-channel advertising needs.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

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SB Score:590

Tailscale simplifies building and managing private networks with their innovative corporate VPN alternative. Connect securely and seamlessly with ease.

Industry:
Software & Data
Subindustry:
Cybersecurity

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SB Score:589

Mejuri offers handcrafted, everyday fine jewelry without the retail markup. Their direct-to-consumer model ensures high-quality pieces at accessible prices.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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9th

Q4
SB Score:582

Q4 is a SaaS platform offering investor relations professionals communication and intelligence solutions. It helps users streamline their investor communications and gain valuable insights to make informed decisions.

Industry:
Marketing & Sales
Subindustry:
CRM

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10th

GoBolt
SB Score:577

Founded in 2017, GoBolt is a technology company building the first sustainable and vertically integrated supply chain network that partners with merchants to deliver a complete end-to-end customer experience.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

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11th

Ritual
SB Score:567

Ritual is a platform that lets users order food and drinks from their favorite local restaurants and coffee shops.

Industry:
Foodtech
Subindustry:
Online Food Ordering

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Total amount:2177

Most Funded Startups in Toronto for 2024

The top three most funded startups in Toronto have raised total funding of more than USD 821M. Among the top three funded startups, the most popular industry, based on total funding, is Energy & Environment.

SB Score:456

Hydrostor develops Advanced Compressed Air Energy Storage (A-CAES), a clean, affordable, and long-lasting energy storage solution.

Industry:
Energy & Environment
Subindustry:
Energy

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SB Score:613

KOHO Financial offers a user-friendly banking app for simplified access to financial products. Their platform is designed to make banking easier for all, providing a seamless experience for managing your money.

Industry:
Fintech
Subindustry:
Fintech-Other

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SB Score:561

Vena Solutions offers a user-friendly Spreadsheet Process Management solution with Vena 5, streamlining financial processes for organizations. Their aim is to enhance productivity, minimize risk, and lower costs by improving the efficiency, quality, and control of spreadsheet-based business operations.

Industry:
Software & Data
Subindustry:
SaaS

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Total amount:2177

Top Hiring Startups in Toronto by Employee Number

The top three hiring startups in Toronto have an average employee size that is smaller than to the global average. Among these, the Software & Data industry features the startup with the largest workforce.

SB Score:330

Thoughtworks Canada is revolutionizing the world through their innovative culture and technology expertise. They create significant impact by combining cutting-edge technology with their unique approach to problem-solving.

Industry:
Software & Data
Subindustry:
Software

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SB Score:184

OnTab simplifies mobile payments for merchants by seamlessly integrating with existing payment terminals. It is an open platform that connects various payment processors, banks, loyalty programs, and more. No new hardware or POS integration is required, making it easy for businesses to start accepting mobile payments.

Industry:
Fintech
Subindustry:
Payments

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SB Score:614

LifeLabs, a Canadian-owned company with over 50 years of experience, is dedicated to meeting the healthcare needs of Canadians.

Industry:
Healthtech
Subindustry:
Biotechnology

National Rank (Canada)

0

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Regional Rank (North America)

0

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Global Rank (WorldWide)

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4th

PIVX
SB Score:215

PIVX is a faster and more private version of Bitcoin that rewards small investors. Join PIVX for speedy transactions, enhanced privacy, and rewarding opportunities for all levels of investment.

Industry:
Fintech
Subindustry:
Financial Services

National Rank (Canada)

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Total amount:2177

Explore the Startup Ecosystem of Toronto

National Rank

(Canada)

1st

0

Regional Rank

(North America)

9th

1

Global Rank

(WorldWide)

22nd

1

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Best Software & Data Startups in Toronto for 2024

Toronto startups in the Software & Data industry are overperforming their global industry peers. The top three Software & Data startups in Toronto have raised more than USD 672M, an amount that is higher than the global industry average.

SB Score:615

Ideogram is an artificial intelligence startup that provides generative text-to-image technology.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

National Rank (Canada)

0

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Regional Rank (North America)

0

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Global Rank (WorldWide)

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SB Score:599

StackAdapt is a user-friendly advertising platform offering native, display, video, connected TV, and audio ad solutions. Their advanced platform combines machine learning with a top-notch user experience, making it a go-to choice for multi-channel advertising needs.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

National Rank (Canada)

0

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Regional Rank (North America)

0

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Global Rank (WorldWide)

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Browse
SB Score:590

Tailscale simplifies building and managing private networks with their innovative corporate VPN alternative. Connect securely and seamlessly with ease.

Industry:
Software & Data
Subindustry:
Cybersecurity

National Rank (Canada)

0

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Regional Rank (North America)

0

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Global Rank (WorldWide)

0

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Total amount:827

Best Fintech Startups in Toronto for 2024

Toronto startups in the Fintech industry are overperforming their global industry peers. The top three Fintech startups in Toronto have raised more than USD 560M, an amount that is higher than the global industry average.

SB Score:613

KOHO Financial offers a user-friendly banking app for simplified access to financial products. Their platform is designed to make banking easier for all, providing a seamless experience for managing your money.

Industry:
Fintech
Subindustry:
Fintech-Other

National Rank (Canada)

0

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Regional Rank (North America)

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Global Rank (WorldWide)

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SB Score:608

Borrowell empowers Canadians with free credit score monitoring, personal loans, and product recommendations to make informed financial decisions. Helping users improve their credit and financial well-being, Borrowell is the go-to platform for taking control of your finances and becoming a credit hero.

Industry:
Fintech
Subindustry:
Financial Services

National Rank (Canada)

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Regional Rank (North America)

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Global Rank (WorldWide)

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SB Score:565

Relay is a digital bank tailor-made for small businesses on the rise. It offers streamlined financial services to help businesses grow and thrive.

Industry:
Fintech
Subindustry:
Online Banking

National Rank (Canada)

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Regional Rank (North America)

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Total amount:252

Best Ecommerce & Retail Startups in Toronto for 2024

Toronto startups in the Ecommerce & Retail industry are overperforming their global industry peers. The top three Ecommerce & Retail startups in Toronto have raised more than USD 288M, an amount that is higher than the global industry average.

SB Score:589

Mejuri offers handcrafted, everyday fine jewelry without the retail markup. Their direct-to-consumer model ensures high-quality pieces at accessible prices.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

National Rank (Canada)

0

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Regional Rank (North America)

0

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Global Rank (WorldWide)

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Browse
SB Score:577

Founded in 2017, GoBolt is a technology company building the first sustainable and vertically integrated supply chain network that partners with merchants to deliver a complete end-to-end customer experience.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

National Rank (Canada)

0

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Regional Rank (North America)

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Global Rank (WorldWide)

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SB Score:561

Knix creates women's underwear with a focus on comfort and functionality. Designed to meet the needs of women, their products are innovative and high-quality.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

National Rank (Canada)

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Total amount:255

Top Cities for Startups in Canada - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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