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