Insurtech · Canada
Top Insurtech Companies in Canada (2026 Update)
BounceWatch lists 160 Insurtech companies in Canada. Half were founded in 2010 or later. 33% have a recorded funding round. Most are based in Toronto, Montreal and Calgary.
- Companies
- 160
- Median founded
- 2010
- of 157 with a year
- Raised funding
- 33%
- 52 companies
- Hiring now
- 8
- companies with open roles
Showing 160 Companies
| Company | City | Founded | Focus | Services | Target Customers | Business Model | Revenue Model | Employees | Funding Stage | |
|---|---|---|---|---|---|---|---|---|---|---|
|
Optimity
Optimity: a mission-driven tech firm focused on helping… |
Toronto
|
2014 |
Health And Wellness
Wearable Data
+11
|
— | — | — | — | 40 | Series A |
|
Finaeo Inc.
Building the digital fabric to connect and power life a… |
Toronto
|
2016 |
Digital Fabric
Life Insurance
+4
|
— | — | — | — | 5 | Non Equity Assistance |
|
Brickeye
Construction IoT and Data Analytics I Construction Risk… |
Toronto
|
2014 |
Construction Technology
IoT-enabled Monitoring
+12
|
— | — | — | — | 33 | Debt Financing |
|
|
Scription
Subscription maintenance plans for commercial and indus… |
Edmonton
|
2020 |
Subscription Maintenance Pla...
Commercial Equipment
+12
|
— | — | — | — | 21 | Pre-Seed |
|
PainWorth
The easiest way to settle your personal injury claim. I… |
Edmonton
|
2019 |
Personal Injury
Claim Settlement
+8
|
— | — | — | — | 11 | Pre-Seed |
|
ETAP
Auto Insurance was broken but we've fixed it! Get Insta… |
Ottawa
|
2021 |
Insurance Technology
Auto Insurance
+11
|
— | — | — | — | 18 | Pre-Seed |
|
FindBob
The Transition Management Company for the insurance and… |
Toronto
|
2014 |
Transition Management
Advisor
+10
|
— | — | — | — | 6 | Seed |
|
FTEX
At FTEX, we offer the most efficient and intelligent mo… |
Montreal
|
2017 |
Electric Vehicles
Motor Controllers
+13
|
— | — | — | — | 24 | Seed |
|
Humi by Employment Hero
Where Canadian employment lives. Welcome to Canada's o… |
Toronto
|
2016 |
HR Software
Cloud-based Solutions
+9
|
HR Management
Payroll
+4
|
Small Businesses
Mid-Sized Businesses
+6
|
— | — | 124 | Series B |
|
Wisedocs
Wisedocs is the AI-powered claims documentation platfor… |
Toronto
|
2018 |
AI-powered Platform
Claims Documentation
+13
|
Medical Chronologies
Medical Insights
+4
|
Insurance Carriers
Third-Party Administrators
+5
|
B2B
SaaS
+1
|
Subscription
Usage Based
+1
|
131 | Series A |
|
Redeo API
Fast forwarding return to work. |
Montreal
|
2022 |
Disability Management
Return To Work Solutions
+12
|
Paperless Digital Insurance Claims And Underwriting Forms
Integration With EMR Software
+2
|
Physicians
Insurance Companies
+2
|
B2B
API
+1
|
Subscription
Usage Based
+1
|
1 | Seed |
|
Riskfuel
Riskfuel uses AI to accelerate valuation and risk workl… |
Toronto
|
2019 |
Valuation
Financial Instruments
+6
|
— | — | — | — | 11 | Pre-Seed |
|
Lydia.ai
Insuring the next billion people. |
Toronto
|
2014 |
Health AI
Deep Learning
+8
|
— | — | — | — | 40 | Series A |
|
SortSpoke
The world's best cloud-based data extraction tool that… |
Toronto
|
2017 |
Data Extraction
AI/ML
+6
|
— | — | — | — | 17 | Venture round |
|
Chisel AI
Purpose-built AI solutions for commercial insurance |
Toronto
|
2015 |
Data Extraction
NLP
+7
|
— | — | — | — | 1 | Seed |
|
|
Foxquilt
Your Business Your Insurance |
Toronto
|
2016 |
Insurance Technology
Machine Learning Underwritin...
+10
|
— | — | — | — | 45 | Series B |
|
Koïos Intelligence
We Empower the Insurance and Financial Industry. |
Montreal
|
2017 |
AI-powered Agents
Conversational AI
+12
|
OlivoAgent
OlivoLive
+5
|
Insurance Brokers
Insurance Agencies
+2
|
B2B
SaaS
+1
|
Subscription
Tiered Pricing
+1
|
26 | Venture round |
|
Emma
The fast and simple way to buy life insurance in Canada… |
Quebec
|
2017 |
Life Insurance
Online Insurance
+9
|
Life Insurance Quotes
Term Life Insurance
+4
|
Parents
Married Couples
+4
|
B2C
Marketplace
+1
|
Marketplace Fee
Affiliate
|
57 | Debt Financing |
|
APOLLO Insurance
Making insurance effortless. |
Toronto
|
2018 |
Digital Insurance
Online Insurance Marketplace
+12
|
Online Insurance Quoting
Instant Insurance Policy Issuance
+3
|
Tenants
Homeowners
+5
|
Marketplace
Platform
+1
|
Commission
Subscription
|
64 | Series B |
|
ProNavigator
ProNavigator is the all-in-one knowledge management sys… |
Kitchener
|
2016 |
AI-driven Knowledge-sharing...
Insurance Industry
+4
|
— | — | — | — | 28 | Venture round |
Showing 20 of 160 companies in this list
