7490 Top startups in Canada for April 2025

We rank Wattpad, StackAdapt and Hootsuite in Canada along with 7487 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Canada startup ecosystem ranks #4 globally and #2 in North America.

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Top Unicorn Startups in Canada for 2025

Twenty two startups have achieved unicorn status by exceeding USD 1 billion in valuation. Collectively, the top three unicorns in Canada have raised more than USD 19.4B.
SB Score:726

1Password is a secure password manager that provides businesses and families with a safe way to share passwords, credit cards, and documents. It keeps important information secure with AES 256-bit encryption. They allow users to keep the information easily organized with convenient categories and tags and find what they need with a customizable search. Founded in 2005, 1Password remembers and fills web forms with passwords, credit card information, and addresses—with a single click. It is focused on making security convenient and keeping customers happy. It is headquartered in Toronto, Ontario in Canada.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Toronto)

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2nd

Clio
SB Score:723

Clio streamlines law firm operations with online tools for practice management and client collaboration. Boost efficiency and communication with this web-based suite designed to simplify legal workflows.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Vancouver)

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SB Score:687

Wealthsimple Inc. offers investment services through its affiliates, providing Invest and Smart Savings products to users across Canada. As a registered portfolio manager in every province and territory, Wealthsimple Inc. enables individuals to easily manage and grow their finances.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Toronto)

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Total amount:22

Best Startups in Canada for 2025

SB Score:772

Wattpad is a digital entertainment company providing an online social storytelling platform for original stories. The company utilizes the power of community and technology to enable the creation and distribution of content across a variety of formats. Its flagship app, Wattpad, is home to a community of more than 65 million people who spend over 20 billion minutes a month engaged in original stories. Tap by Wattpad, the company’s second storytelling product, offers short, chat-based stories in over a dozen languages. Wattpad Studios co-produces stories for film, television, digital, and print, together with industry partners. Wattpad Brand Solutions offers a full suite of advertising products to help brands build deep engagement with Millennial and Gen Z consumers. It was established by Allen Lau and Ivan Yuen in Toronto, Ontario, Canada in 2006.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Toronto)

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SB Score:699

StackAdapt is an intuitive advertising platform that provides native, display, video, connected TV, and audio ad solutions. By integrating advanced machine learning with an exceptional user experience, it stands out as a premier choice for comprehensive multi-channel advertising needs.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Toronto)

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SB Score:678

Hootsuite is a social media management platform that helps businesses and organizations streamline their marketing efforts on various social networks through a single dashboard.

Industry:
Marketing & Sales
Subindustry:
Digital Marketing

City Rank (Vancouver)

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SB Score:669

Talent.com is a Montreal-based platform, founded in 2020, that streamlines job searches by aggregating listings from company career sites, staffing agencies, and job boards. It connects job seekers with a wide range of employment opportunities, making the job hunt more efficient and accessible.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Montreal)

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SB Score:655

Jobber is a software platform that helps home service businesses manage operations, from scheduling and dispatching to invoicing and customer relations.

Industry:
Software & Data
Subindustry:
Software

City Rank (Edmonton)

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SB Score:648

This startup enhances classroom engagement by allowing students to use their mobile devices for quizzes, live discussions, and interactive simulations. Professors receive instant feedback on student comprehension to adapt lectures in real-time.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Waterloo)

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SB Score:646

Unsplash offers a collection of free, high-quality photos for everyone to use without worrying about copyright issues. With the Unsplash license, users can easily access and share stunning photography for any project or creative endeavor.

Industry:
Hardware & IoT
Subindustry:
Internet of Everything

City Rank (Montreal)

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SB Score:640

AlayaCare offers innovative cloud-based software for home health care providers. Streamlining operations and enhancing patient care, AlayaCare's platform revolutionizes the way agencies manage their services.

Industry:
Software & Data
Subindustry:
Cloud

City Rank (Montreal)

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SB Score:638

Paper is a developer of an educational platform designed to make personalized tutoring available to all students. The platform connects students with a certified educator who can answer questions and provide contextualized feedback on exactly where the student went wrong in the learning process.

Industry:
Edtech
Subindustry:
Education-Other

City Rank (Montreal)

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SB Score:633

Prodigy Education offers an interactive math platform that combines games with curriculum-aligned content, creating a fun and educational experience for students.

Industry:
Edtech
Subindustry:
Edutainment

City Rank (Oakville)

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SB Score:631

Neo Financial offers a comprehensive suite of financial services including spending, savings, and rewards programs. Experience seamless banking solutions designed to help you maximize your money effortlessly.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Calgary)

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Total amount:7491

Top 2701 Software & Data Startups in Canada for 2025

The top three Software & Data startups in Canada have raised more than USD 1.64B. Canada startup ecosystem ranks among the top 10 locations in the world for startups in Software & Data, holding the 4th position.
SB Score:772

Wattpad is a digital entertainment company providing an online social storytelling platform for original stories. The company utilizes the power of community and technology to enable the creation and distribution of content across a variety of formats. Its flagship app, Wattpad, is home to a community of more than 65 million people who spend over 20 billion minutes a month engaged in original stories. Tap by Wattpad, the company’s second storytelling product, offers short, chat-based stories in over a dozen languages. Wattpad Studios co-produces stories for film, television, digital, and print, together with industry partners. Wattpad Brand Solutions offers a full suite of advertising products to help brands build deep engagement with Millennial and Gen Z consumers. It was established by Allen Lau and Ivan Yuen in Toronto, Ontario, Canada in 2006.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Toronto)

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Regional Rank (North America)

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SB Score:699

StackAdapt is an intuitive advertising platform that provides native, display, video, connected TV, and audio ad solutions. By integrating advanced machine learning with an exceptional user experience, it stands out as a premier choice for comprehensive multi-channel advertising needs.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Toronto)

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SB Score:669

Talent.com is a Montreal-based platform, founded in 2020, that streamlines job searches by aggregating listings from company career sites, staffing agencies, and job boards. It connects job seekers with a wide range of employment opportunities, making the job hunt more efficient and accessible.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Montreal)

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Total amount:2701

Top 594 Fintech Startups in Canada for 2025

The top three Fintech startups in Canada have raised more than USD 2.07B. Canada startup ecosystem ranks among the top 10 locations in the world for startups in Fintech, holding the 4th position.
SB Score:631

Neo Financial offers a comprehensive suite of financial services including spending, savings, and rewards programs. Experience seamless banking solutions designed to help you maximize your money effortlessly.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Calgary)

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SB Score:615

KOHO Financial provides an application-based banking platform to simplify financial products available to everyone. Its platform helps users to complete their day-to-day banking operations while offering tools such as goals, cash flow projections, group spending, spending insights, and categorizations to let users manage their expenses and banking operations on the go. The company was founded in 2014 and is headquartered in Toronto, Ontario.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Toronto)

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SB Score:581

Borrowell helps consumers make great choices about their credit. With its free credit score monitoring, personal loans and product recommendations, Borrowell empowers Canadians to improve their financial well-being and be the hero of their credit.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Toronto)

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Total amount:594

Top 679 Ecommerce & Retail Startups in Canada for 2025

The top three Ecommerce & Retail startups in Canada have raised more than USD 630M. Canada startup ecosystem ranks among the top 10 locations in the world for startups in Ecommerce & Retail, holding the 4th position.
SB Score:565

Mejuri offers handcrafted, everyday fine jewelry without the retail markup. Their direct-to-consumer model ensures high-quality pieces at accessible prices.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Toronto)

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SB Score:564

Canada Drives revolutionizes car shopping in Canada by providing a hassle-free platform to buy and sell cars since 2010. Their goal is to make the car buying process as simple and convenient as possible, making them the go-to destination for all your automotive needs.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Vancouver)

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Total amount:679

Most Funded Startups in Canada for 2025

The top three most funded startups in Canada have raised total funding of more than USD 4.65B. AbCellera has 0.75% more funding than Eavor.
SB Score:521

AbCellera revolutionizes antibody discovery and immune profiling for therapies and vaccines, leading the world in innovative research.

Industry:
Healthtech
Subindustry:
Biotechnology

City Rank (Vancouver)

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SB Score:449

Eavor is a technology-based energy company that provides a clean, carbon-neutral, scalable, baseload power solution. The company's solution represents a truly scalable form of clean baseload power. They achieve this by mitigating or eliminating many of the issues that have hindered traditional geothermal solutions. The system is made with existing commercial componentry configured in a completely novel way. They use the most recent advances in drilling techniques and merge them with the latest heat-to-power generation technology to create a scalable, steady, and reliable source of green power.

Industry:
Energy & Environment
Subindustry:
Energy

City Rank (Calgary)

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SB Score:638

Paper is a developer of an educational platform designed to make personalized tutoring available to all students. The platform connects students with a certified educator who can answer questions and provide contextualized feedback on exactly where the student went wrong in the learning process.

Industry:
Edtech
Subindustry:
Education-Other

City Rank (Montreal)

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Regional Rank (North America)

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Total amount:7491

Top Hiring Startups in Canada by Employee Number

The top three hiring startups in Canada have an median employee size that is between [10001+]
SB Score:504

Foodtastic is a restaurant startup driven by three men's love for food, customer service, and design. Passionate about creating a unique dining experience, they aim to combine delicious dishes with exceptional service and a stylish ambiance.

Industry:
Social & Leisure
Subindustry:
Social & Leisure-Other

City Rank (Montreal)

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SB Score:405

SoftCom Group is a provider of cloud hosting, email and business communications services worldwide, serving tens of thousands of businesses through its family of Internet brands. The Group leverages Internet Data Centers around the world and is delivers a complete set of solutions to the small to medium size business market from domain names, shared hosting, business email & collaboration, virtual private server, dedicated servers to SEO, website design, online marketing and complex managed hosting solutions.

Industry:
Hardware & IoT
Subindustry:
Internet of Everything

City Rank (Toronto)

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SB Score:377

A pioneering in Enterprise Information Management, OpenText empowers organizations to efficiently manage and leverage their data. From data storage to analysis, OpenText provides cutting-edge solutions for businesses to optimize their information management processes.

Industry:
Marketing & Sales
Subindustry:
Content Marketing

City Rank (Waterloo)

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Total amount:7490

Explore the Startup Ecosystem of Canada

Population

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38.9 Million

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Regional Rank

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2nd

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Global Rank

(WorldWide)

4th

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Top Cities for Startups in Canada - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
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36.732
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20.495
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17.743
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4.366
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3.232
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1
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6
2.118
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