28 Top startups in Thunder Bay for June 2025

We rank Carbonix, ShipEarly and Rent Panda in Thunder Bay along with 25 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Thunder Bay startup ecosystem ranks #630 globally and #22 in Canada.

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Best Startups in Thunder Bay for 2025

SB Score:248

Carbonix, a Canadian Indigenous tech company, pioneers innovative solutions. Specializing in cutting-edge technology, Carbonix aims to revolutionize industries. Their mission is to create a sustainable future through advanced technology.

Industry:
Hardware & IoT
Subindustry:
Manufacturing

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SB Score:216

ShipEarly connects manufacturers with retailers to enhance the customer experience both online and in-store.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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SB Score:198

A platform connecting landlords with tenants to find the ideal rental property. Streamlined and user-friendly, it simplifies the search process for both parties. Find your perfect home or tenant effortlessly with this innovative solution.

Industry:
Ecommerce & Retail
Subindustry:
Proptech

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SB Score:187

Radialis Medical creates and sells cutting-edge breast cancer detection technology, including detectors and systems. They develop, test, and market innovative solutions to improve early detection and treatment.

Industry:
Healthtech
Subindustry:
Health Care

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SB Score:163

Recroup is a platform connecting employers with over 2 million college students and recent graduates in North America. Employers can target candidates by university, major, location, and skills, and utilize tools like challenges and talent profiles to find the best entry-level talent. Find your next hire effortlessly with Recroup.

Industry:
Social & Leisure
Subindustry:
Social Media

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Contact North | Contact Nord is a bilingual distance education network in Ontario, connecting residents in small, rural, remote, Indigenous, and Francophone communities to education and training opportunities. They help people access learning without having to leave their communities, serving over 1,300 locations.

Industry:
Edtech
Subindustry:
Edtech

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SB Score:159

Ungalli produces eco-friendly clothing using recycled plastic bottles for a sustainable and stylish wardrobe.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

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SB Score:153

Nordmin Engineering provides full EPCM solutions worldwide to industrial sectors from resource definition through construction to site closure.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Thunder Bay)

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Total amount:28

Top 9 Software & Data Startups in Thunder Bay for 2025

Thunder Bay startup ecosystem ranks #546 globally for the Software & Data industry.
SB Score:153

Nordmin Engineering provides full EPCM solutions worldwide to industrial sectors from resource definition through construction to site closure.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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SB Score:121

Cirro is the ultimate flight operations management system for pilots and operators, fully compliant with Transport Canada and international regulations. Accessible on iOS, Android, and PC, Cirro streamlines operations on all mobile devices for a seamless experience.

Industry:
Software & Data
Subindustry:
Enterprise Technology

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Total amount:9

Top 5 Healthtech Startups in Thunder Bay for 2025

The top three Healthtech startups in Thunder Bay have raised more than USD 1.73M. Thunder Bay startup ecosystem ranks #416 globally for the Healthtech industry.
SB Score:187

Radialis Medical creates and sells cutting-edge breast cancer detection technology, including detectors and systems. They develop, test, and market innovative solutions to improve early detection and treatment.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Thunder Bay)

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Regional Rank (North America)

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Total amount:5

Top 3 Social & Leisure Startups in Thunder Bay for 2025

The top three Social & Leisure startups in Thunder Bay have raised more than USD 200K. Thunder Bay startup ecosystem ranks among the top 10 locations in the world for startups in Social & Leisure, holding the falseth position.
SB Score:163

Recroup is a platform connecting employers with over 2 million college students and recent graduates in North America. Employers can target candidates by university, major, location, and skills, and utilize tools like challenges and talent profiles to find the best entry-level talent. Find your next hire effortlessly with Recroup.

Industry:
Social & Leisure
Subindustry:
Social Media

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Total amount:3

Most Funded Startups in Thunder Bay for 2025

The top three most funded startups in Thunder Bay have raised total funding of more than USD 3M. Carbonix has 17.16% more funding than Recroup.
SB Score:248

Carbonix, a Canadian Indigenous tech company, pioneers innovative solutions. Specializing in cutting-edge technology, Carbonix aims to revolutionize industries. Their mission is to create a sustainable future through advanced technology.

Industry:
Hardware & IoT
Subindustry:
Manufacturing

City Rank (Thunder Bay)

0

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Regional Rank (North America)

0

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Global Rank (WorldWide)

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SB Score:187

Radialis Medical creates and sells cutting-edge breast cancer detection technology, including detectors and systems. They develop, test, and market innovative solutions to improve early detection and treatment.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Thunder Bay)

0

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Regional Rank (North America)

0

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Global Rank (WorldWide)

0

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SB Score:163

Recroup is a platform connecting employers with over 2 million college students and recent graduates in North America. Employers can target candidates by university, major, location, and skills, and utilize tools like challenges and talent profiles to find the best entry-level talent. Find your next hire effortlessly with Recroup.

Industry:
Social & Leisure
Subindustry:
Social Media

City Rank (Thunder Bay)

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Regional Rank (North America)

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Total amount:28

Top Hiring Startups in Thunder Bay by Employee Number

The top three hiring startups in Thunder Bay have an median employee size that is between [101-250]

Contact North | Contact Nord is a bilingual distance education network in Ontario, connecting residents in small, rural, remote, Indigenous, and Francophone communities to education and training opportunities. They help people access learning without having to leave their communities, serving over 1,300 locations.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Thunder Bay)

0

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Regional Rank (North America)

0

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Global Rank (WorldWide)

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SB Score:153

Nordmin Engineering provides full EPCM solutions worldwide to industrial sectors from resource definition through construction to site closure.

Industry:
Software & Data
Subindustry:
Enterprise Technology

City Rank (Thunder Bay)

0

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Regional Rank (North America)

0

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SB Score:248

Carbonix, a Canadian Indigenous tech company, pioneers innovative solutions. Specializing in cutting-edge technology, Carbonix aims to revolutionize industries. Their mission is to create a sustainable future through advanced technology.

Industry:
Hardware & IoT
Subindustry:
Manufacturing

City Rank (Thunder Bay)

0

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Regional Rank (North America)

0

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Global Rank (WorldWide)

0

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SB Score:216

ShipEarly connects manufacturers with retailers to enhance the customer experience both online and in-store.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Thunder Bay)

0

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Regional Rank (North America)

0

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Global Rank (WorldWide)

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Total amount:28

Explore the Startup Ecosystem of Thunder Bay

National Rank

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Regional Rank

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185th

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Global Rank

(WorldWide)

585th

131

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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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