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Top 24 AI startups in Toronto
May 27, 2025 | By Siddhant Patel | 26 |
2
Funding: $334.5M
Tenstorrent is a computing company that develops AI processors designed to help in faster training and adaptability to future algorithms.
Tenstorrent is a computing company that develops AI processors designed to help in faster training and adaptability to future algorithms.
3
Funding: $282.6M
Waabi is an artificial intelligence (AI) company that commercializes driverless trucks.
Waabi is an artificial intelligence (AI) company that commercializes driverless trucks.
4
Funding: $236.7M
Deep Genomics brings together world-leading expertise in machine learning and genome biology. We’re inventing a new generation of computational technologies that predict what will happen within a cell when DNA is altered by genetic variation, whether natural or therapeutic. Our systems predict the molecular effects of genetic variation, opening a new and exciting path to discovery for disease diagnostics and therapies.
Deep Genomics brings together world-leading expertise in machine learning and genome biology. We’re inventing a new generation of computational technologies that predict what will happen within a cell when DNA is altered by genetic variation, whether natural or therapeutic. Our systems predict the molecular effects of genetic variation, opening a new and exciting path to discovery for disease diagnostics and therapies.
5
Funding: $190.6M
Ada is an automated customer experience company that provides chat bots used in customer support.
Ada is an automated customer experience company that provides chat bots used in customer support.
6
Funding: $149.4M
Ecobee is a provider of Wi-Fi enabled smart thermostats comes with Amazon's Alexa voice assistant built in for residential and commercial applications.
Ecobee is a provider of Wi-Fi enabled smart thermostats comes with Amazon's Alexa voice assistant built in for residential and commercial applications.
7
Funding: $123.1M
Moonvalley builds cinematic videos with AI where generative image will be created with capable video and image foundational models.
Moonvalley builds cinematic videos with AI where generative image will be created with capable video and image foundational models.
8
Funding: $67.1M
Wysdom develops full-stack virtual assistant platform. Connect to customers, answer questions, complete purchases, and transact any time with a trusted cognitive enterprise care solution over social, web chat, and IVR.
Wysdom develops full-stack virtual assistant platform. Connect to customers, answer questions, complete purchases, and transact any time with a trusted cognitive enterprise care solution over social, web chat, and IVR.
9
Funding: CA$65M
Kira is a powerful machine learning software that identifies, extracts, and analyzes text in your contracts and other documents.
Kira is a powerful machine learning software that identifies, extracts, and analyzes text in your contracts and other documents.
10
Funding: $49.6M
Integrate.ai is building an AI powered platform for B2C enterprises that integrates with business processes to make customer interactions more natural and valuable.
Integrate.ai is building an AI powered platform for B2C enterprises that integrates with business processes to make customer interactions more natural and valuable.
11
Funding: $39.9M
InteraXon builds a wearable brain sensing headband Muse that leverages the world’s largest database of brain activity to help people live happier, healthier lives.
InteraXon builds a wearable brain sensing headband Muse that leverages the world’s largest database of brain activity to help people live happier, healthier lives.
12
Funding: $30.4M
CentML accelerates Machine Learning workloads by maximizing training and inference efficiency leading to compute cost reduction.
CentML accelerates Machine Learning workloads by maximizing training and inference efficiency leading to compute cost reduction.
13
Funding: $25.6M
Cyclica is enhancing drug discovery by harnessing big data and predictive analytics; cloud-based, AI-assisted drug discovery
Cyclica is enhancing drug discovery by harnessing big data and predictive analytics; cloud-based, AI-assisted drug discovery
15
Funding: $12M
Resemble AI creates custom voices using proprietary deep-learning models that can produce realistic speech synthesis.
Resemble AI creates custom voices using proprietary deep-learning models that can produce realistic speech synthesis.
16
Funding: $10.8M
Atomic Reach is a content optimization platform built to help marketers create high quality content.
Atomic Reach is a content optimization platform built to help marketers create high quality content.
17
Funding: $9.2M
CakeAI uses Analytics and Artificial Intelligence to drive Insights and Innovation in business.
CakeAI uses Analytics and Artificial Intelligence to drive Insights and Innovation in business.
18
Funding: $7.2M
Protexxa is a B2B SaaS cybersecurity platform that leverages Artificial Intelligence to rapidly identify, evaluate, predict, and resolve cyber issues for employees.
Protexxa is a B2B SaaS cybersecurity platform that leverages Artificial Intelligence to rapidly identify, evaluate, predict, and resolve cyber issues for employees.
19
Funding: $5.2M
WinterLight Labs develops a novel AI technology that can quickly and accurately quantify speech and language patterns to help detect and monitor cognitive and mental diseases.
WinterLight Labs develops a novel AI technology that can quickly and accurately quantify speech and language patterns to help detect and monitor cognitive and mental diseases.
20
Funding: CA$5.5M
Bookmarks' AI software AiDA builds a personalized, mobile-friendly website in minutes. You will be ready to show the world a professional destination that gives customers the impression you mean business.
Bookmarks' AI software AiDA builds a personalized, mobile-friendly website in minutes. You will be ready to show the world a professional destination that gives customers the impression you mean business.
