FundedIQ

Recently Funded Artificial Intelligence Startups in Toronto

Updated Sep 2026

Funded Artificial Intelligence startups in Toronto number 104 in FundedIQ, tracked with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the Artificial Intelligence startup funding landscape in Toronto, along with the 100 most recently funded Artificial Intelligence startups in Toronto.

The median disclosed round is $4.3M, with the middle half of rounds falling between $2.0M and $25M. Artificial Intelligence startups in Toronto closed 51 funding rounds over the last 24 months, 22 of them in the last 12 months, and raised $1.8B in disclosed capital.

Toronto AI capital leans heavily toward early stage bets. Recurring involvement from firms like Inovia Capital and OMERS Ventures indicates a preference for foundational risk over late stage scaling. This concentration of seed capital means a high density of lean teams. Approaching these companies yields a high volume of early technical founders who still control their own procurement decisions.

Artificial Intelligence funded startup statistics in Toronto

Funded Artificial Intelligence startups in Toronto
104
tracked in the database
Funding rounds, last 12 months
22
51 over 24 months
Disclosed capital raised, 24 months
$1.8B
45 of 51 rounds disclosed an amount
Median round size
$4.3M
middle half $2.0M to $25M

Most recent funding round on record: Aug 2026.

100 most recently funded Artificial Intelligence startups in Toronto

100 of 104

Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.

V
Toronto, Canada · Artificial Intelligence (AI)
Veeda AI is a physical artificial intelligence company dedicated to building the foundational spatial…
Seed ·
$90M
F
Toronto, Canada · Artificial Intelligence (AI)
Fisent Technologies helps companies leverage the benefits of GenAI technology with its BizAI, an Applied…
Seed ·
$4.3M
L
Looki
Toronto, Canada · Artificial Intelligence (AI)
Looki is building the next generation of human-centric ai platforms - emotionally aware, and deeply embedded…
Series A ·
Undisclosed
T
Toronto, Canada · Artificial Intelligence (AI)
Tenet Fintech Group is an innovative Fintech service provider to the Chinese commercial lending sector.
Series Unknown ·
$2.0M
S
Toronto, Canada · Artificial Intelligence (AI)
shuriii is an edtech company that provides personalized platform based on artificial intelligence for…
Pre-Seed ·
$130k
T
the-hyve
Toronto, Canada · Artificial Intelligence (AI)
The-Hyve develops a mobile application that connects adults with events and social experiences based on…
Pre-Seed ·
Undisclosed
B
Toronto, Canada · Artificial Intelligence (AI)
Biossil is an applied AI drug discovery platform to create specialized treatments for distinct patients.
Series Unknown ·
$70M
F
Toronto, Canada · Artificial Intelligence (AI)
Future Fertility is a fertility technology company focused on AI-enabled and non-invasive diagnostic…
Series A ·
$4.1M
T
Toronto, Canada · Artificial Intelligence (AI)
ThinkLabs AI is dedicated to developing and implementing AI solutions for specific industries. The goal is to…
Series A ·
$28M
S
Toronto, Canada · Artificial Intelligence (AI)
Spellbook is a law-tech startup that creates a contract drafting tool for legal professionals using advanced…
Series Unknown ·
$40M
T
Toronto, Canada · Artificial Intelligence (AI)
Taalas is developing a platform that can efficiently convert any AI model into specialized silicon.
Series B ·
$169M
S
Toronto, Canada · Artificial Intelligence (AI)
Simplify the task of managing your data infrastructure with Shakudo. This platform ensures compatibility…
Series A ·
$7.0M
G
Toronto, Canada · Artificial Intelligence (AI)
Guava is an InsurTech SaaS platform that provides rewards, customer engagement, and AI infrastructure for…
Pre-Seed ·
$250k
W
Toronto, Canada · Artificial Intelligence (AI)
Raquel Urtasun, an AI pioneer and visionary, launched Waabi, an AI business that is developing the next wave…
Series C ·
$750M
A
Toronto, Canada · Artificial Intelligence (AI)
Armilla AI is a governance platform that promotes ethical decision-making with transparency by utilizing…
Series Unknown ·
$25M
N
Toronto, Canada · Artificial Intelligence (AI)
NetraMark is an AI and pharma-tech business that has created exclusive solutions for pharmaceutical and…
Series Unknown ·
$2.5M
R
Toronto, Canada · Artificial Intelligence (AI)
Resemble AI utilizes its own advanced deep-learning models to generate personalized voices, enabling the…
Series Unknown ·
$13M
L
Toronto, Canada · Artificial Intelligence (AI)
Lemurian Labs offers technology to create smart robots that can progress mankind and improve efficiency. They…
Series A ·
$28M
T
Toronto, Canada · Artificial Intelligence (AI)
Tempo Labs gives individuals the ability to create and modify top-notch react code through natural language…
Seed ·
$5.0M
B
Toronto, Canada · Artificial Intelligence (AI)
Basetwo is an AI co-pilot for manufacturing. Our platform provides process engineers with recommendations on…
Series Unknown ·
$1.0M
C
Toronto, Canada · Artificial Intelligence (AI)
Cohere is a platform that gives developers and businesses access to NLP, powered by the innovative generation…
Series D ·
$100M
B
Toronto, Canada · Artificial Intelligence (AI)
Bittensor is a peer-to-peer framework, open-source in nature, that turns a blockchain-based machine-learning…
Series Unknown ·
$8.0M
B
Toronto, Canada · Artificial Intelligence (AI)
Experts know that the best answers cannot simply be looked up in a statute or found in a publisher’s online…
Series D ·
$122M
S
StartupFuel
Toronto, Canada · Artificial Intelligence (AI)
Venture Capital CRM with AI prediction for deal success
Seed ·
Undisclosed
J
Toronto, Canada · Artificial Intelligence (AI)
Jozu is a specialized MLOps tool designed to securely and efficiently package and deploy AI/ML models. Unlike…
Seed ·
$4.0M
X
Xatoms
Toronto, Canada · Artificial Intelligence (AI)
Water is vital for life and ensuring access to clean water is a duty shared by all people worldwide. Xatoms…
Series Unknown ·
Undisclosed
X
Toronto, Canada · Artificial Intelligence (AI)
Tusk offers shipping, logistics, and eCommerce services to give customers quick access to more comprehensive…
Seed ·
$6.0M
F
Toronto, Canada · Artificial Intelligence (AI)
Series Unknown ·
$3.0M
A
Toronto, Canada · Artificial Intelligence (AI)
ACTO is an omnichannel schooling stage for life sciences organizations. ACTO is an AI-controlled SaaS stage…
Series Unknown ·
$2.1M
A
Toronto, Canada · Artificial Intelligence (AI)
Ada is a computer software company that features a chatbot-based platform that helps enterprise businesses to…
Series Unknown ·
$1.8M
E
Toronto, Canada · Artificial Intelligence (AI)
Ecopia AI is a computerized reasoning organization having some expertise in removing understanding from…
Series Unknown ·
$2.6M
G
Toronto, Canada · Artificial Intelligence (AI)
Glassbox is a software as a service platform that simplifies the process of creating and assessing intricate…
Pre-Seed ·
$1.2M
A
Toronto, Canada · Artificial Intelligence (AI)
Alexi is leading the way in creating AI technology for legal teams, allowing them to produce top-notch legal…
Series Unknown ·
$3.1M
L
Toronto, Canada · Artificial Intelligence (AI)
Lydia AI is a health AI insurtech startup on a mission to insure the next billion people by making insurance…
Series Unknown ·
Undisclosed
S
Toronto, Canada · Artificial Intelligence (AI)
Starboard revolutionize global trade by empowering SMB freight forwarders with cutting-edge AI tools.
Seed ·
$5.5M
B
Toronto, Canada · Artificial Intelligence (AI)
Boosted.ai is an artificial intelligence company that enhances portfolio management outcomes for the global…
Series Unknown ·
$15M
F
Toronto, Canada · Artificial Intelligence (AI)
FleetOps operates as a freight marketplace, using telematics data from providers like BigRoad.com to allocate…
Series B ·
$22M
P
Toronto, Canada · Artificial Intelligence (AI)
Phaseshift Technologies is an advanced materials company founded in 2019 in Toronto. We accelerate the…
Seed ·
$3.0M
C
Toronto, Canada · Artificial Intelligence (AI)
Cartage is an end-to-end logistics partner for suppliers and manufacturers across North America. We combine…
Seed ·
$2.4M
S
Toronto, Canada · Artificial Intelligence (AI)
SnapWrite enables brands, retailers and pre-loved stores automate product detail pages from images while…
Series Unknown ·
$10k
C
Toronto, Canada · Artificial Intelligence (AI)
Campfire is an operator of an online platform that allows remote teams to socialize virtually. The company's…
Seed ·
$4.0M
E
Toronto, Canada · Artificial Intelligence (AI)
The next generation of ecommerce catalog management
Pre-Seed ·
$840k
W
Toronto, Canada · Artificial Intelligence (AI)
Wombo is an AI-powered lip-sync app that creates deepfake copies of images lip-syncing to a selection of…
Seed ·
$9.0M
G
Glassbox
Toronto, Canada · Artificial Intelligence (AI)
Glassbox is a platform for financial modeling and analysis software as a service (SaaS) that aims to simplify…
Pre-Seed ·
Undisclosed
H
Toronto, Canada · Artificial Intelligence (AI)
Hutsy is a financial application that offers individualized advice through an AI-driven financial assistant.…
Pre-Seed ·
$2.0M
T
Toronto, Canada · Artificial Intelligence (AI)
Tenstorrent is revolutionizing AI and deep learning with its cutting-edge processor design and software. The…
Series Unknown ·
$300M
H
Toronto, Canada · Artificial Intelligence (AI)
HEALWELL AI is a healthcare technology company that aims to empower patients and doctors by utilizing…
Series Unknown ·
$15M
P
Paillor
Toronto, Canada · Artificial Intelligence (AI)
AI based employee support
·
Undisclosed
A
Toronto, Canada · Artificial Intelligence (AI)
AI Arena offers a platform where users can engage in gaming that integrates artificial intelligence. In this…
Series A ·
$6.0M
E
Toronto, Canada · Artificial Intelligence (AI)
EZee Assist offers instantaneous responses to inquiries regarding franchise operations. Users can still rely…
Pre-Seed ·
$1.4M
B
Toronto, Canada · Artificial Intelligence (AI)
Birdseye creates software and machine learning tools specifically designed for ecommerce agencies and…
Seed ·
$3.0M
R
Toronto, Canada · Artificial Intelligence (AI)
We're a team of physicians, healthcare executives, data scientists and AI experts committed to empowering…
Series Unknown ·
$8.2M
T
Tali AI
Toronto, Canada · Artificial Intelligence (AI)
Tali is an artificial intelligence (AI) virtual assistant that helps physicians save time on every patient…
Seed ·
Undisclosed
A
Asepha
Toronto, Canada · Artificial Intelligence (AI)
Asepha simplifies the process for pharmacists to incorporate AI-based solutions into their everyday…
Seed ·
Undisclosed
A
Toronto, Canada · Artificial Intelligence (AI)
Arteria AI applies computerized reasoning to the drafting, exchange, and investigation of agreements.
Series B ·
$30M
C
Toronto, Canada · Artificial Intelligence (AI)
CentML is a startup that specializes in machine learning and provides solutions for optimizing ML training…
Seed ·
$27M
A
Toronto, Canada · Artificial Intelligence (AI)
AI to automate microchip design
Pre-Seed ·
$2.4M
T
Toronto, Canada · Artificial Intelligence (AI)
With Tempo Labs, individuals are given the ability to produce and modify excellent react code by using…
Pre-Seed ·
$500k
E
Toronto, Canada · Artificial Intelligence (AI)
EasyCode is an AI called GPT-4 that has been designed to comprehend the specific context of developers. It…
Pre-Seed ·
$1.3M
I
Toronto, Canada · Artificial Intelligence (AI)
Ideogram is a tech startup specializing in AI that offers innovative text-to-image technology that generates…
Seed ·
$17M
O
ORNA
Toronto, Canada · Artificial Intelligence (AI)
ORNA is a SOAR platform designed for small and midsize businesses to identify and respond to cyber attacks.…
Series Unknown ·
Undisclosed
S
Semantic Health
Toronto, Canada · Artificial Intelligence (AI)
Semantic Health is a healthcare technology company situated in Toronto that employs exclusive artificial…
Series Unknown ·
Undisclosed
A
Toronto, Canada · Artificial Intelligence (AI)
Altis Labs is a company that specializes in computational imaging and utilizes artificial intelligence to…
Seed ·
$6.0M
T
Toronto, Canada · Artificial Intelligence (AI)
Train Fitness focuses on automatic exercise detection and rep counting using Artificial Intelligence and the…
Seed ·
$2.5M
S
Toronto, Canada · Artificial Intelligence (AI)
Solv4x has introduced groundbreaking advancements for fleet operators. We employ state-of-the-art AI-based…
Series Unknown ·
$30k
B
Toronto, Canada · Artificial Intelligence (AI)
BenchSci uses AI to empower scientists to run more successful experiments to accelerate drug discovery.…
Series D ·
$70M
Z
Toronto, Canada · Artificial Intelligence (AI)
Zagitas provides digital workforce that automates processes from end-to-end in accounting and order…
Series Unknown ·
$20k
H
HUEX Labs
Toronto, Canada · Artificial Intelligence (AI)
HUEX are building AiDA, the Automated Intelligent Digital Assistant. AiDA is a voice enabled digital…
Series Unknown ·
Undisclosed
O
Toronto, Canada · Artificial Intelligence (AI)
ODAIA has innovated the first AI-powered Customer Data Platform (CDP) that pioneered the combination of…
Series B ·
$25M
D
Denti.AI
Toronto, Canada · Artificial Intelligence (AI)
Denti.AI is a company that uses artificial intelligence to analyze dental x-rays and voice dictation,…
Series Unknown ·
Undisclosed
P
Toronto, Canada · Artificial Intelligence (AI)
Pitstop functions as a Prognostic Maintenance Platform that is located on the cloud and allows companies to…
Seed ·
$3.8M
C
Toronto, Canada · Artificial Intelligence (AI)
Cohere is a platform to build machines that understand the world and make them safely accessible to all.
Series Unknown ·
Undisclosed
B
Toronto, Canada · Artificial Intelligence (AI)
The Toronto-based digital health company BlueDot has created a global early warning system for infectious…
Series Unknown ·
$3.0M
P
Toronto, Canada · Artificial Intelligence (AI)
Modern machine learning models from Private AI are the finest in the world at locating, removing, and…
Series A ·
$8.0M
K
Toronto, Canada · Artificial Intelligence (AI)
An AI-based sales interaction platform called Kaitongo offers sector-specific, useful customer and market…
Series Unknown ·
$30k
M
Toronto, Canada · Artificial Intelligence (AI)
Myplanet is an online software developer that provides customized product production and retail platform…
Venture - Series Unknown ·
$11M
L
Toronto, Canada · Artificial Intelligence (AI)
LUCID, Inc. is an artificial intelligence company based in Canada.
Seed ·
$2.5M
C
Toronto, Canada · Artificial Intelligence (AI)
Canvass AI is an AI-based platform designed for the Industrial Operations. Our software puts AI in the hands…
Series A ·
$3.3M
O
Overbond AI
Toronto, Canada · Artificial Intelligence (AI)
Overbond is a developer of artificial intelligence (AI)-driven real-time data solutions for bond trading…
Venture - Series Unknown ·
Undisclosed
S
SilicoLabs
Toronto, Canada · Artificial Intelligence (AI)
Experimenter is a no-code task design software that enables users to create and combine: 2D, 3D and…
Pre-Seed ·
Undisclosed
O
Toronto, Canada · Artificial Intelligence (AI)
Oncoustics is making and conveying progressed AI answers for minimal expense, harmless observation,…
Seed ·
$5.0M
A
Toronto, Canada · Artificial Intelligence (AI)
Begun simply as a meaningful venture by a gathering of experienced business people who are excessively…
Seed ·
$2.5M
A
Toronto, Canada · Artificial Intelligence (AI)
Ataccama reexamines how information is figured out how to make esteem on an endeavor scale. Binding together…
Venture - Series Unknown ·
$150M
S
Toronto, Canada · Artificial Intelligence (AI)
SortSpoke's man-made brainpower does the mind boggling information extraction work that individuals do today.…
Venture - Series Unknown ·
$4.5M
D
Toronto, Canada · Artificial Intelligence (AI)
Delphia is building the world's most memorable speculation counsel that permits individuals to put their…
Series A ·
$60M
A
Toronto, Canada · Artificial Intelligence (AI)
Artintech Inc. is a Canadian technology development company focused on resolving operations and supply chain…
Pre-Seed ·
$40k
F
Toronto, Canada · Artificial Intelligence (AI)
Forma Ai is a information technology company located in Toronto.
Series B ·
$45M
F
Toronto, Canada · Artificial Intelligence (AI)
Established in Toronto in 2019, F8th Inc. develops continuous authentication technologies, to help banks,…
Grant ·
$100k
D
Toronto, Canada · Artificial Intelligence (AI)
Diversio's mission is to leverage data, analytics and fresh ideas to help organizations become more…
Series A ·
$6.5M
T
Toronto, Canada · Artificial Intelligence (AI)
Tealbook is an enterprise software company that connects buyers and suppliers and provides the data needed to…
Series B ·
$40M
U
Ugsei
Toronto, Canada · Artificial Intelligence (AI)
Ugsei Inc. is an aerospace manufacturer, developing an electric vertical takeoff and landing aircraft that it…
Seed ·
Undisclosed
G
Toronto, Canada · Artificial Intelligence (AI)
GrowthGenius helps sales teams at B2B tech companies consistently fill their pipeline. We use machine…
Series A ·
$1.8M
D
Toronto, Canada · Artificial Intelligence (AI)
Deep Genomics recruits from among the top 1% of recent graduates and seasoned experts at the intersection of…
Series C ·
$180M
U
Toronto, Canada · Artificial Intelligence (AI)
Untether AI is creating a new class of specialized processor targeting an extreme point on the…
Venture - Series Unknown ·
$125M
A
Toronto, Canada · Artificial Intelligence (AI)
AdeptMind is an AI company that innovates in e-commerce product discovery using active learning and deep…
·
$6.2M
C
Toronto, Canada · Artificial Intelligence (AI)
CorVista Health (formerly known as Analytics 4 Life) is a medical device manufacturing company that…
Series C ·
$65M
B
Toronto, Canada · Artificial Intelligence (AI)
Borrowell is a credit education company that offers free credit scores, education, and weekly credit…
Series C ·
$20M
M
Toronto, Canada · Artificial Intelligence (AI)
Maxia is an artificial intelligence company based in Canada.
Pre-Seed ·
$100k
P
Toronto, Canada · Artificial Intelligence (AI)
Phenomic AI is a developer of a drug discovery platform designed to discovery and optimize therapeutics…
·
$6.0M
S
Toronto, Canada · Artificial Intelligence (AI)
Senso is a fintech startup using artificial intelligence to provide financial institutions with…
·
$3.0M

4 more funded startups

104 startups · 100 visible Unlock with FundedIQ

This page shows the 100 most recent rounds (back to Jul 2020). The full 104-company history for this listing opens on a FundedIQ plan.

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Funding stages of funded Artificial Intelligence startups in Toronto

How the last 24 months of funding rounds for funded Artificial Intelligence startups in Toronto break down by stage.

A further 23 rounds in this period were announced without a stage label and are not ranked above.

About the FundedIQ Artificial Intelligence startup funding data in Toronto

FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.

Figures on this page cover the 104 funded Artificial Intelligence startups in Toronto currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (6 of 51 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded Artificial Intelligence startups in Toronto is dated Aug 2026.

The table above shows the 100 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.

Frequently asked questions

How many funded Artificial Intelligence startups are there in Toronto?

FundedIQ tracks 104 funded Artificial Intelligence startups in Toronto. This page lists the 100 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.

How much funding have Artificial Intelligence startups in Toronto raised?

Artificial Intelligence startups in Toronto tracked by FundedIQ have raised $1.8B in disclosed capital across 51 funding rounds over the last 24 months, including 22 rounds in the last 12 months. 45 of those 51 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

What is a typical funding round size for Artificial Intelligence startups in Toronto?

The median disclosed round over the last 24 months is $4.3M, and the middle half of rounds fall between $2.0M and $25M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

What is the most common funding stage for Artificial Intelligence startups in Toronto?

Seed is the most common labelled stage, with 10 rounds in the last 24 months, ahead of Series A (6) and Pre-Seed (5). A further 23 rounds were announced without a stage label and are not counted here.

How often is the Artificial Intelligence startup funding data in Toronto updated?

The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded Artificial Intelligence startups in Toronto is dated Aug 2026. Counts and totals on this page are recomputed on every refresh.

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