# 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).

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.

🇨🇦 Canada · 26 companies · Updated Nov 11, 2026

| # | Company | Industry | Headquarters | Employees | Founded |
|---|---|---|---|---|---|
| 1 | [Tenstorrent](https://www.tamtam.ai/c/tenstorrent) (tenstorrent.com)<br>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 | 🇨🇦 Toronto | 1,226 | 2016 |
| 2 | [Hopper](https://www.tamtam.ai/c/hopper) (hopper.com)<br>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 | 🇨🇦 Montreal | 1,065 |  |
| 3 | [Cohere](https://www.tamtam.ai/c/cohere) (cohere.com)<br>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 | 🇨🇦 Toronto | 1,020 | 2019 |
| 4 | [Voices](https://www.tamtam.ai/c/voices) (voices.com)<br>A voice marketplace connecting businesses with voice actors for hire and payment, bypassing the need for talent agents | Technology, Information and Media | 🇨🇦 London | 964 | 2005 |
| 5 | [Coveo](https://www.tamtam.ai/c/coveo) (coveo.com)<br>Leading provider of AI-powered solutions for enhancing digital experiences, enabling businesses to deliver personalized and innovative interactions at scale | Software Development | 🇨🇦 Montreal | 832 | 2005 |
| 6 | [ada CX](https://www.tamtam.ai/c/ada-cx) (ada.cx)<br>A global leader in customer service automation, using AI to help companies efficiently resolve customer inquiries across languages and channels | Software Development | 🇨🇦 Toronto | 768 | 2016 |
| 7 | [League](https://www.tamtam.ai/c/league) (league.com)<br>AI-powered healthcare platform delivering personalized consumer experiences, supporting payers and providers to improve health outcomes globally. | Technology, Information and Internet | 🇨🇦 Toronto | 511 | 2014 |
| 8 | [Clutch](https://www.tamtam.ai/c/clutch) (clutch.ca)<br>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 | 🇨🇦 Toronto | 468 | 2016 |
| 9 | [Fantuan 饭团](https://www.tamtam.ai/c/fantuan) (fantuan.ca)<br>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 | 🇨🇦 Burnaby | 372 | 2014 |
| 10 | [PartnerStack](https://www.tamtam.ai/c/partnerstack) (partnerstack.com)<br>It provides tools for companies to build and manage channel partner programs, enhancing customer reach through strategic partnerships and collaboration. | Software Development | 🇨🇦 Toronto | 358 | 2015 |
| 11 | [Xanadu](https://www.tamtam.ai/c/xanadu-toronto) (xanadu.ai)<br>A Canadian quantum technology company advancing photonic quantum hardware, quantum computing, and quantum machine learning through hardware, software, and research | Computer Hardware Manufacturing | 🇨🇦 Toronto | 348 | 2016 |
| 12 | [Thalmic Labs](https://www.tamtam.ai/c/thalmic-labs) (thalmic.com)<br>Pioneering wearable technology company revolutionizing human-device interaction with the Myo armband, measuring muscle activity to control digital devices wirelessly | Consumer Electronics | 🇨🇦 Kitchener | 334 | 2012 |
| 13 | [Waabi](https://www.tamtam.ai/c/waabi) (waabi.ai)<br>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 | 🇨🇦 Toronto | 319 | 2021 |
| 14 | [CluePoints](https://www.tamtam.ai/c/cluepoints) (cluepoints.com)<br>Provides AI-powered software for risk-based quality management and oversight of clinical trial data, enhancing accuracy and regulatory compliance. | Software Development | 🇨🇦 Avenue Albert Einstein 2A | 317 | 2012 |
| 15 | [Vital Bio](https://www.tamtam.ai/c/vital-bio) (vitalbio.com)<br>Revolutionizing healthcare with proactive and accessible lab testing through innovative technology and collaborative efforts of scientists and engineers | Biotechnology Research | 🇨🇦 Oakville | 251 | 2019 |
| 16 | [BioRender](https://www.tamtam.ai/c/biorender) (biorender.com)<br>Revolutionizing scientific communication with graphics, empowering researchers to share their work easily Passionate team solving big problems for users | Software Development | 🇨🇦 Toronto | 244 | 2017 |
| 17 | [BenchSci](https://www.tamtam.ai/c/benchsci) (benchsci.com)<br>Advanced AI platform empowering scientists in biomedical research, accelerating innovation at top pharmaceutical companies and research centers worldwide | Software Development | 🇨🇦 Toronto | 242 | 2015 |
| 18 | [CloudTalk](https://www.tamtam.ai/c/cloudtalk) (cloudtalk.io)<br>It provides AI-powered calling software for businesses, enhancing communication quality and analytics, supporting sales and customer service globally. | Software Development | 🇨🇦 Toronto | 223 | 2016 |
| 19 | [MedMe Health](https://www.tamtam.ai/c/medme-health) (medmehealth.com)<br>MedMe is revolutionizing pharmacies with a cloud platform for managing clinical services, serving leading chains in Canada and impacting millions of patients | Software Development | 🇨🇦 Toronto | 70 | 2019 |
| 20 | [Kaloom Networks](https://www.tamtam.ai/c/kaloom-networks) (kaloom.com)<br>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 | 🇨🇦 Montreal | 42 | 2016 |
| 21 | [Pomelo Health](https://www.tamtam.ai/c/pomelo-health) (pomelohealth.com)<br>A healthcare management and patient engagement software company focused on improving access to healthcare, clinic productivity, efficiency, and communication with patients | Software Development | 🇨🇦 Montreal | 39 | 2012 |
| 22 | [attention labs](https://www.tamtam.ai/c/attention-labs) (attentionlabs.ai)<br>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 | 🇨🇦 Toronto | 29 | 2021 |
| 23 | [Theory+Practice](https://www.tamtam.ai/c/theory-practice) (tap.work)<br>Platform integrating pricing, demand, marketing, and supply chain data to optimize pricing, personalize promotions, and forecast demand accurately. | Software Development | 🇨🇦 Vancouver | 21 | 2018 |
| 24 | [Opalia®](https://www.tamtam.ai/c/opalia) (opaliafoods.com)<br>Canadian company revolutionizing milk production by utilizing mammary cells to create cow milk, aiming to shape the future of dairy | Biotechnology Research | 🇨🇦 Montreal | 14 | 2020 |
| 25 | [Interaptix Augmented Reality](https://www.tamtam.ai/c/interaptix-augmented-reality) (interaptix.com)<br>Venture-backed augmented reality company in Toronto developing technologies at the forefront of mixed reality, HCI, machine learning, and computer vision | Software Development | 🇨🇦 Toronto | 13 |  |
| 26 | [Tyltgo (YC S20)](https://www.tamtam.ai/c/tyltgo-yc-s20) (tyltgo.com)<br>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 | 🇨🇦 Toronto | 8 | 2019 |

## 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.

## More company lists in Canada

- [The largest companies in Canada](https://www.tamtam.ai/l/largest-companies-canada) (11,083)
- [Multinational companies in Canada](https://www.tamtam.ai/l/multinational-companies-canada) (1,934)
- [Manufacturers in Canada](https://www.tamtam.ai/l/manufacturers-canada) (946)
- [Retail chains in Canada](https://www.tamtam.ai/l/retail-chains-canada) (851)
- [Critical infrastructure operators in Canada](https://www.tamtam.ai/l/critical-infrastructure-operators-canada) (767)
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- [Financial services firms in Canada](https://www.tamtam.ai/l/financial-services-firms-canada) (687)
- [Companies with in-house R&D in Canada](https://www.tamtam.ai/l/r-and-d-companies-canada) (678)
- [Logistics companies in Canada](https://www.tamtam.ai/l/logistics-companies-canada) (593)
- [Truck Transportation companies in Canada](https://www.tamtam.ai/l/truck-transportation-companies-canada) (581)
- [SaaS companies in Canada](https://www.tamtam.ai/l/saas-companies-canada) (543)
- [Hardware manufacturers in Canada](https://www.tamtam.ai/l/hardware-companies-canada) (502)
- [Energy companies in Canada](https://www.tamtam.ai/l/energy-companies-canada) (497)
- [Software Development companies in Canada](https://www.tamtam.ai/l/software-development-companies-canada) (484)
- [Professional services firms in Canada](https://www.tamtam.ai/l/professional-services-firms-canada) (481)
- [IT Services and IT Consulting companies in Canada](https://www.tamtam.ai/l/it-services-and-it-consulting-companies-canada) (477)
- [Transportation, Logistics, Supply Chain and Storage companies in Canada](https://www.tamtam.ai/l/transportation-logistics-supply-chain-and-storage-companies-canada) (464)
- [Distributors and wholesalers in Canada](https://www.tamtam.ai/l/distributors-and-wholesalers-canada) (452)
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- [Healthcare providers in Canada](https://www.tamtam.ai/l/healthcare-providers-canada) (416)
- [Construction companies in Canada](https://www.tamtam.ai/l/construction-companies-canada) (391)
- [Oil and Gas companies in Canada](https://www.tamtam.ai/l/oil-and-gas-companies-canada) (380)
- [Companies with a mobile app in Canada](https://www.tamtam.ai/l/companies-with-mobile-app-canada) (367)
- [Retail companies in Canada](https://www.tamtam.ai/l/retail-companies-canada) (358)

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Source: https://www.tamtam.ai/l/venture-backed-startups-canada