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26 leading venture-backed startups in Canada

Tamtam tracks 26 venture-backed startups headquartered in Canada. This list ranks all of them by number of employees on LinkedIn, led by Tenstorrent, Hopper and Cohere. Their median headcount is 319. Half of them were founded in 2016 or later. The most common headquarters are Toronto (15) and Montreal (5).

๐Ÿ‡จ๐Ÿ‡ฆ Canada26 companiesUpdated Nov 11, 2026

These Canadian venture-backed startups are primarily in software development and information technology, with a notable presence in AI and hardware manufacturing. Most companies were founded in the mid-2010s, indicating a relatively young and growing sector. The largest among them include Tenstorrent, which builds AI computers, and Cohere, focused on AI foundation models. Hopper is a global travel platform, while Voices operates a voice marketplace.

A significant concentration of these companies is headquartered in Toronto, with a secondary cluster in Montreal. This suggests these cities are key hubs for venture-backed technological innovation in Canada. Other notable companies are Coveo, providing AI-powered digital experience solutions, and ada CX, a leader in customer service automation.

#CompanyIndustryHeadquarters EmployeesFounded
1
Tenstorrenttenstorrent.com

Tenstorrent builds next-generation AI computers, combining expertise in computer architecture, ASIC design, systems, and neural network compilers Offices worldwide Join our team!

Computer Hardware Manufacturing ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 1,226 2016
2
Hopperhopper.com

Global travel platform providing industry-leading e-commerce, fintech solutions, and travel agency services to help users travel better and partners earn more

Software Development ๐Ÿ‡จ๐Ÿ‡ฆ Montreal 1,065 n/a
3
Coherecohere.com

Building cutting-edge foundation models and end-to-end AI products for businesses, with a focus on data security and privacy across various deployment options.

Software Development ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 1,020 2019
4
Voicesvoices.com

A voice marketplace connecting businesses with voice actors for hire and payment, bypassing the need for talent agents

Technology, Information and Media ๐Ÿ‡จ๐Ÿ‡ฆ London 964 2005
5
Coveocoveo.com

Leading provider of AI-powered solutions for enhancing digital experiences, enabling businesses to deliver personalized and innovative interactions at scale

Software Development ๐Ÿ‡จ๐Ÿ‡ฆ Montreal 832 2005
6
ada CXada.cx

A global leader in customer service automation, using AI to help companies efficiently resolve customer inquiries across languages and channels

Software Development ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 768 2016
7
Leagueleague.com

AI-powered healthcare platform delivering personalized consumer experiences, supporting payers and providers to improve health outcomes globally.

Technology, Information and Internet ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 511 2014
8
Clutchclutch.ca

Canada's largest online used car retailer provides a seamless car buying experience with door-to-door delivery, 10-day Money-Back Guarantee, instant cash offers, and trade-in services

Technology, Information and Internet ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 468 2016
9
Fantuan ้ฅญๅ›ขfantuan.ca

A technology platform connecting people with their local community through services such as food delivery, grocery shopping, convenience items, and daily deals

Technology, Information and Internet ๐Ÿ‡จ๐Ÿ‡ฆ Burnaby 372 2014
10
PartnerStackpartnerstack.com

It provides tools for companies to build and manage channel partner programs, enhancing customer reach through strategic partnerships and collaboration.

Software Development ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 358 2015
11
Xanaduxanadu.ai

A Canadian quantum technology company advancing photonic quantum hardware, quantum computing, and quantum machine learning through hardware, software, and research

Computer Hardware Manufacturing ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 348 2016
12
Thalmic Labsthalmic.com

Pioneering wearable technology company revolutionizing human-device interaction with the Myo armband, measuring muscle activity to control digital devices wirelessly

Consumer Electronics ๐Ÿ‡จ๐Ÿ‡ฆ Kitchener 334 2012
13
Waabiwaabi.ai

AI company led by Raquel Urtasun creating advanced self-driving technology with a focus on safety, backed by top investors and innovative approach

Truck Transportation ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 319 2021

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14
CluePointscluepoints.com

Provides AI-powered software for risk-based quality management and oversight of clinical trial data, enhancing accuracy and regulatory compliance.

Software Development ๐Ÿ‡จ๐Ÿ‡ฆ Avenue Albert Einstein 2A 317 2012
15
Vital Biovitalbio.com

Revolutionizing healthcare with proactive and accessible lab testing through innovative technology and collaborative efforts of scientists and engineers

Biotechnology Research ๐Ÿ‡จ๐Ÿ‡ฆ Oakville 251 2019
16
BioRenderbiorender.com

Revolutionizing scientific communication with graphics, empowering researchers to share their work easily Passionate team solving big problems for users

Software Development ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 244 2017
17
BenchScibenchsci.com

Advanced AI platform empowering scientists in biomedical research, accelerating innovation at top pharmaceutical companies and research centers worldwide

Software Development ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 242 2015
18
CloudTalkcloudtalk.io

It provides AI-powered calling software for businesses, enhancing communication quality and analytics, supporting sales and customer service globally.

Software Development ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 223 2016
19
MedMe Healthmedmehealth.com

MedMe is revolutionizing pharmacies with a cloud platform for managing clinical services, serving leading chains in Canada and impacting millions of patients

Software Development ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 70 2019
20
Kaloom Networkskaloom.com

Innovative technology company delivering high-performance, cost-effective edge data center networking solutions with a focus on AI, 5G, and green networks

Computer Networking Products ๐Ÿ‡จ๐Ÿ‡ฆ Montreal 42 2016
21
Pomelo Healthpomelohealth.com

A healthcare management and patient engagement software company focused on improving access to healthcare, clinic productivity, efficiency, and communication with patients

Software Development ๐Ÿ‡จ๐Ÿ‡ฆ Montreal 39 2012
22
attention labsattentionlabs.ai

AI-driven immersive audio and spatial computing solutions for hybrid-remote meetings, leveraging attention-based audio data for personalized, echo-free experiences in mixed reality environments

Software Development ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 29 2021
23
Theory+Practicetap.work

Platform integrating pricing, demand, marketing, and supply chain data to optimize pricing, personalize promotions, and forecast demand accurately.

Software Development ๐Ÿ‡จ๐Ÿ‡ฆ Vancouver 21 2018
24
Opaliaยฎopaliafoods.com

Canadian company revolutionizing milk production by utilizing mammary cells to create cow milk, aiming to shape the future of dairy

Biotechnology Research ๐Ÿ‡จ๐Ÿ‡ฆ Montreal 14 2020
25
Interaptix Augmented Realityinteraptix.com

Venture-backed augmented reality company in Toronto developing technologies at the forefront of mixed reality, HCI, machine learning, and computer vision

Software Development ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 13 n/a
26
Tyltgo (YC S20)tyltgo.com

This company provides last-mile delivery services for retail and eCommerce businesses in Ontario and British Columbia using trained crowdsourced drivers

Transportation, Logistics, Supply Chain and Storage ๐Ÿ‡จ๐Ÿ‡ฆ Toronto 8 2019

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How this list is built

Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Nov 11, 2026.

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