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Top AI Companies in Canada (2026 Update)

BounceWatch lists 681 AI companies in Canada. Half were founded in 2018 or later. 52% have a recorded funding round, 3 in the last twelve months. Most are based in Toronto, Montreal and Calgary.

Companies
681
Median founded
2018
of 667 with a year
Raised funding
52%
352 companies
Hiring now
36
companies with open roles
Cities Toronto 228 Montreal 121 Calgary 37 Edmonton 19 Kitchener 19
Focus Deep Learning Software Development Computer Vision Machine Learning Natural Language Processing Predictive Analytics

Showing 681 Companies

Company City Founded Focus Services Target Customers Business Model Revenue Model Employees Funding Stage
Boosted.ai
Boosted.ai

Supercharging productivity for investment managers thro…

Canada Toronto 2017
Quantitative Investing Portfolio Management +9
— — — — 73 Series B
Qube Technologies
Qube Technologies

Emissions reduction through continuous monitoring techn…

Canada Calgary 2018
AI-based Technology Environmental Surveillance +9
— — — — 61 Venture round
Pathway
Pathway

The AI assistant for medicine

Canada Montreal 2020
Health Tech Big Data +6
— — — — 22 Seed
Blue Guardian
Blue Guardian

Protect Before They Connect

Canada London 2023
Mental Health Early Warning System +4
— — — — 3 Grant
Birdseye
Birdseye

Expand Your Business. Delight Your Customers. Create En…

Canada Toronto 2021
AI Software ECommerce +6
— — — — 39 Seed
Raven.ai
Raven.ai

Helping manufacturers accelerate continuous OEE improve…

Canada Ottawa 2013
Manufacturing Technology OEE Improvement +12
— — — — 35 Series A
Arteria AI
Arteria AI

Discover the power of data-driven contracts

Canada Toronto 2020
Data-driven Contracts Digital Documentation +9
— — — — 95 Series B
Emagin, an Innvovyze Company
Emagin, an Innvovyze Company

What AI can do for water.

Canada Kitchener 2016
Water Industry Artificial Intelligence +12
— — — — 2 Convertible Note
Drishya AI Labs
Drishya AI Labs

Making Energy Intelligent

Canada Calgary 2019
AI Solutions Smart Performance Insights +4
— — — — 64 Pre-Seed
MicroTraffic Road Safety Video Analytics
MicroTraffic Road Safety Video...

Road safety video analytics for traffic engineers in 10…

Canada Winnipeg 2017
Traffic Engineering Road Safety +5
— — — — 4 Non Equity Assistance
Vantage
Vantage

The orchestration layer for retail and commerce media

Canada Toronto 2013
Retail Media Networks Ecommerce Marketing +11
— — — — 86 Venture round
Waverly
Waverly

Social network for curious minds

Canada Montreal 2020
Social Network Curious Minds +4
— — — — 6 Seed
C2RO
C2RO

Privacy-Aware, AI-Driven Loss Prevention and Behavioral…

Canada Montreal 2016
AI-SaaS Platform Video Analytics +11
— — — — 22 Venture round
Rithmik Solutions
Rithmik Solutions

We increase uptime in mines with advanced analytics tha…

Canada Montreal 2017
Advanced Analytics Maintenance Optimization +11
— — — — 11 Seed
Wisely
Wisely

Accelerating fundraising with AI.

Canada Toronto 2017
AI Fundraising Machine Learning For Nonprof... +9
— — — — 3 Seed
Class8
Class8

It's not a truck. It's a business.

Canada Toronto 2015
Freight Marketplace Telematics Data +11
— — — — 29 Series A
GroupBy Inc.
GroupBy Inc.

B2B & B2C eCommerce Search and Recommendations optimize…

Canada Toronto 2013
ECommerce B2C +11
— — — — 78 Series B
Citylitics Inc.
Citylitics Inc.

Public Infrastructure Sales Insights

Canada Toronto 2011
Market Intelligence Data Aggregation +12
— — — — 61 Series A
Blue J
Blue J

Better Tax Answers

Canada Toronto 2015
Generative AI Tax Experts +7
— — — — 54 Series B
Flare
Flare

Attackers Shouldn’t Have The Information Advantage.

Canada Montreal 2017
Threat Monitoring Digital Footprint Monitoring +6
— — — — 99 Series A

Showing 20 of 681 companies in this list

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