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Updated List of Top Recently Funded Startups in Toronto for 2024

Last update to database: October 28, 2024

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Exploring Toronto's Best Funded Companies for 2024

 Discover the latest developments in Toronto's thriving startup ecosystem with our updated list of recently funded startups for 2024. As one of North America's leading tech hubs, Toronto is home to a diverse range of innovative companies securing significant investments across various industries. With fresh funding, many of these startups are scaling rapidly and may be hiring as they expand their operations.


Our list is updated each week to provide the most current insights into these emerging businesses, covering key funding rounds, major investors, and industry trends.


Whether you're an investor, entrepreneur, or job seeker, explore the dynamic landscape of Toronto's top funded companies and uncover exciting opportunities in Canada's most vibrant startup market.

Comprehensive Database of Recently Funded Companies in Toronto - Updated Weekly

Company Name
Website Industries Funding Amount (USD) Recent Funding Date Recent Funding Type Company Headquarters # Employees Company Description Top 5 Investors
Mave http://www.maveai.co Customer Service, PropTec... $1M October 24, 2024 Pre-Seed Toronto, Ontario, Canada 13 Mave is an AI startup emp... Relay Ventures, Alate Par...
Butler http://www.butler.ai Artificial Intelligence (... $868K October 23, 2024 Pre-Seed Toronto, Ontario, Canada 7 An all-in-one data engine... Script Capital, Z Fellows...
Phaseshift http://www.phaseshift.ai Advanced Materials, Artif... $3M October 21, 2024 Seed Toronto, Ontario, Canada 5 Accelerating the developm... Creative Destruction Lab ...
Fable http://www.makeitfable.com Software, Usability Testi... $25M October 16, 2024 Series B Toronto, Ontario, Canada 180 Digital accessibility, po... Five Elms Capital, Busine...
Moselle http://www.moselle.io E-Commerce, Small and Med... $2M October 08, 2024 Seed Toronto, Ontario, Canada 6 Moselle is a digital plat... True., MaRS Investment Ac...
Unified.to http://www.unified.to Developer APIs, Developer... $810K October 07, 2024 Pre-Seed Toronto, Ontario, Canada 7 Unified APIs for B2B SaaS Techstars, Alumni Venture...
Marlow http://www.wearemarlow.com E-Commerce, Wellness, Wom... $1M October 04, 2024 Seed Toronto, Ontario, Canada 23 Marlow designs and sells ... Dream Ventures, Shine Ven...
The Nmbr Company http://www.nmbr.co Embedded Systems, Softwar... $6M September 24, 2024 Seed Toronto, Ontario, Canada 11 Nmbr is an embedded payro... Luge Capital, Motivate Ve...
Motion http://www.motionapp.com Analytics, Visual Search $30M September 19, 2024 Series B Toronto, Ontario, Canada 61 Motion creates platform t... Inovia Capital, Abstract ...
Rebelstork http://www.rebelstork.com E-Commerce, Marketplace, ... $18M September 19, 2024 Series A Toronto, Ontario, Canada 37 Rebelstork is enabling th... Serena Ventures, Trybe Ve...
Mosaic Manufacturing http://www.mosaicmfg.com 3D Printing, Manufacturin... $21M September 18, 2024 Undisclosed Toronto, Ontario, Canada 69 Mosaic is building the to... Techstars, Business Devel...
Loop Financial http://www.bankonloop.com Credit Cards, Finance, Fi... $5M September 17, 2024 Seed Toronto, Ontario, Canada 35 Loop Financial offers fin... Luge Capital, Mistral Ven...
Campfire http://www.campfire.to Artificial Intelligence (... $4M September 12, 2024 Seed Toronto, Ontario, Canada 7 Campfire is an operator o... Y Combinator, FundersClub...
Radiant Biotherapeutics http://www.radiantbio.com Biotechnology, Therapeuti... $35M September 11, 2024 Series A Toronto, Ontario, Canada 18 Radiant is a biotechnolog... Abrdn, Bill & Melinda Gat...
Ecomtent http://www.ecomtent.ai Artificial Intelligence (... $850K September 10, 2024 Pre-Seed Toronto, Ontario, Canada 12 The next generation of ec... Techstars, MaRS Investmen...
NetNow http://www.netnow.io Developer APIs, Finance, ... $1M September 09, 2024 Pre-Seed Toronto, Ontario, Canada 13 NetNow provides an end-to... Antler, Day One Ventures,...
Moku http://www.moku.gg Blockchain, Gaming, Web3 $5M September 09, 2024 Seed Toronto, Ontario, Canada 14 Moku is a web3 gaming pla... cloud white, Baronar baro...
HDAX Therapeutics http://www.hdaxtx.com Biopharma, Biotechnology,... $3M September 05, 2024 Seed Toronto, Ontario, Canada 12 HDAC6, small molecule, pe... Ontario Centre of Innovat...
New School Foods http://www.newschoolfoods.co Food and Beverage, Seafoo... $6M August 28, 2024 Seed Toronto, Ontario, Canada 25 New School Foods is a pla... Climate Capital, HackCapi...
Viggle http://www.viggle.ai Artificial Intelligence (... $19M August 26, 2024 Series A Toronto, Ontario, Canada 6 Viggle AI is a Canadian s... Andreessen Horowitz, Two ...
Milha http://www.milha.co Distillery, Retail, Wine ... $518K August 21, 2024 Seed Toronto, Ontario, Canada 4 Milha & Co. is a wine and...
Boosted.ai http://www.boosted.ai Artificial Intelligence (... $10M August 15, 2024 Venture - Series Unknown Toronto, Ontario, Canada 77 Boosted.ai is an artifici... Royal Bank of Canada, CIB...
MolecuLight http://www.moleculight.com Health Care, Medical, Med... $9M August 15, 2024 Series C Toronto, Ontario, Canada 54 MolecuLight develops port... Prosegur, Azahar, Export ...
Walnut Insurance http://www.gowalnut.com Embedded Software, Financ... $3M August 08, 2024 Seed Toronto, Ontario, Canada 24 Walnut Insurance is an in... Diagram Ventures, TELUS V...
Wisedocs http://www.wisedocs.ai Artificial Intelligence (... $3M August 01, 2024 Private Equity Toronto, Ontario, Canada 57 Wisedocs provides medical... MassChallenge, CIBC Innov...
Layer2 Financial http://www.layer2financial.com Cryptocurrency, Financial... $11M July 31, 2024 Series A Toronto, Ontario, Canada 23 Layer2 Financial enables ... Galaxy Digital, Accomplic...
Elevate Farms http://www.elevate.farm Agriculture, AgTech, Farm... $3M July 30, 2024 Series B Toronto, Ontario, Canada 18 Revolutionizing sustainab... Brightspark Ventures, Ora...
Swan Cloud http://www.swanchain.io Blockchain, Cloud Computi... $3M July 29, 2024 Seed Toronto, Ontario, Canada 11 Swan Chain develops a sto... Chainlink, Gate.io, Outli...
UBILD http://www.ubildapp.com Construction, Marketplace... $498K July 27, 2024 Pre-Seed Toronto, Ontario, Canada 13 A.I powered construction ... Forum Ventures, Right Sid...
RetiSpec http://www.retispec.com Health Care, Medical Devi... $10M July 26, 2024 Series A Toronto, Ontario, Canada 25 RetiSpec is a medical ima... Eli Lilly, Center of Agin...
Protexxa http://www.protexxa.com Cyber Security, Informati... $10M July 23, 2024 Series A Toronto, Ontario, Canada 110 Protexxa is a B2B SaaS cy... Export Development Canada...
ethica Channel Enablement http://www.ethica.partners Software $2M July 19, 2024 Seed Toronto, Ontario, Canada 11 SD-WAN Newchip Accelerator, Gree...
RainStick http://www.rainstickshower.com Energy, Environmental Eng... $2M July 16, 2024 Seed Toronto, Ontario, Canada 17 RainStick is a recirculat... BDC Venture Capital, Rave...
e-Zinc http://www.e-zinc.ca Clean Energy, CleanTech, ... $31M June 27, 2024 Series A Toronto, Ontario, Canada 77 e-Zinc is an electrochemi... Creative Destruction Lab ...
Micruity http://www.micruity.com Financial Services, FinTe... $5M June 25, 2024 Venture - Series Unknown Toronto, Ontario, Canada 29 Micruity is a finance and... Prudential Financial, Six...
Pok Pok http://www.playpokpok.com Children, EdTech, Educati... $6M June 18, 2024 Series A Toronto, Ontario, Canada 24 Pok Pok is an award-winni... Adjacent, Konvoy, Initial...
Leasey.AI http://www.leasey.ai Enterprise Software, Prop... $100K June 18, 2024 Pre-Seed Toronto, Ontario, Canada 10 Leasey is a residential p... DMZ Ventures
Chexy http://www.chexy.co FinTech $3M June 17, 2024 Seed Toronto, Ontario, Canada 21 Chexy offers a tenant-fac... Antler, Crossbeam Venture...
Parity http://www.paritygo.com Energy, Real Estate, Soft... $19M June 11, 2024 Series B Toronto, Ontario, Canada 29 Parity is a software for ... SVB Financial Group, ArcT...
The Logic http://www.thelogic.co E-Commerce, Innovation Ma... $3M June 04, 2024 Venture - Series Unknown Toronto, Ontario, Canada 27 The Logic is an online me... Relay Ventures, Postmedia...
Acorn Biolabs http://www.acorn.me Health Care, Medical $8M June 03, 2024 Series A Toronto, Ontario, Canada 22 Acorn Biolabs is cryopres... MDE Investments, Lee Li H...
Aptose Biosciences http://www.aptose.com Biopharma, Biotechnology,... $4M May 31, 2024 Post-IPO Equity Toronto, Ontario, Canada 42 Aptose Biosciences is a b... Cowen Group, Hanmi Pharma...
McEwen Mining http://www.mcewenmining.com Mineral, Mining Technolog... $22M May 28, 2024 Post-IPO Equity Toronto, Ontario, Canada 220 McEwen Mining is a gold a... Stellantis
Fury Gold Mines http://www.furygoldmines.com Mining, Mining Technology... $4M May 23, 2024 Post-IPO Equity Toronto, Ontario, Canada 22 Fury Gold Mines is an exp...
Sinn Studio Inc. http://www.sinnstudio.com Video Games, Virtual Real... $3M May 22, 2024 Seed Toronto, Ontario, Canada 26 Sinn Studio is a committe... Republic, Alumni Ventures...
My Beacon http://www.mybeacon.ca Apps, Financial Services,... $4M May 22, 2024 Seed Toronto, Ontario, Canada 0 Beacon is a purpose-built... Jonathan McCain, Jawl Res...
Ontario Non-Profit Housing Association http://www.onpha.on.ca Non Profit $1M May 14, 2024 Grant Toronto, Ontario, Canada 29 The Ontario Non-Profit Ho...
Baseline http://www.baselinesoftware.com Financial Services, FinTe... $2M May 14, 2024 Seed Toronto, Ontario, Canada 14 Baseline is technology pl... Exit North Ventures, Tim ...
Panda Hub http://www.pandahub.com Automotive, Mobile Apps, ... $1M May 14, 2024 Seed Toronto, Ontario, Canada 22 The Largest Car Detailing... Dillon Brooks
Spectral Medical http://www.spectraldx.com Biotechnology, Health Car... $6M May 09, 2024 Post-IPO Debt Toronto, Ontario, Canada 33 Spectral Medical focuses ... Birch Hill Equity Partner...
Three Ships http://www.threeshipsbeauty.com Beauty, E-Commerce $3M May 08, 2024 Seed Toronto, Ontario, Canada 130 Three Ships Beauty is a s... BDC Venture Capital, Jona...
Neural Therapeutics http://www.neuraltherapeutics.ca Biotechnology, Health Car... $363K May 08, 2024 Undisclosed Toronto, Ontario, Canada 3 Neural Therapeutics is an...
West Red Lake Gold Mines http://www.westredlakegold.com Mineral, Mining, Precious... $22M May 07, 2024 Post-IPO Equity Toronto, Ontario, Canada 32 West Red Lake Gold Mines ... Accilent Capital Manageme...
HEALWELL AI http://www.healwell.ai Artificial Intelligence (... $12M May 06, 2024 Post-IPO Equity Toronto, Ontario, Canada 14 HEALWELL AI is a healthca... WELL Health Technologies,...

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