Funded Data and Analytics Startups in Canada
Among the 50 listed Canada-based data and analytics companies, the largest disclosed round is MineSense Technologies’ $42M Series E on 2022-12-07, which dw…
Among the 50 listed Canada-based data and analytics companies, the largest disclosed round is MineSense Technologies’ $42M Series E on 2022-12-07, which dwarfs the rest of the disclosed amounts in this view (the next-largest disclosed entries are $30M: Motion on 2024-09-19 and Xanadu on 2023-01-23, and $25M: Fable on 2024-10-16). The smallest disclosed amount is $100K at KorrAI (2023-05-22), setting a wide disclosed-range spread from six figures to tens of millions. Temporally, the list edges from 2022-12-07 through 2025-07-16, with two most recent 2025-07-16 entries (d1g1t at undisclosed; New Wave at $2M) clustered at the top of the date range. Geographically, Toronto appears repeatedly (including Fable 2024-10-16, Motion 2024-09-19, and Secoda 2023-09-21), suggesting a concentration in one metro rather than a fully even spread. Stage/label disclosure is mixed: 18 of 50 entries are tagged “Series Unknown,” and 8 of 50 are “undisclosed,” limiting comparisons where deal size isn’t published.
Most recent rounds
50 shownRelated listings
Frequently asked
What does the size distribution look like, and is there a clear size outlier in disclosed rounds?
MineSense Technologies’ $42M (Series E, 2022-12-07) is the only disclosed round above $30M, while the next-largest disclosed amounts shown cluster at $30M (Motion 2024-09-19; Xanadu 2023-01-23) and $25M (Fable 2024-10-16). At the low end, KorrAI’s $100K (2023-05-22) is the smallest disclosed amount in the rows.
Do most rounds cluster within a narrow recent window, or are they evenly spread across the period shown?
The rows span from 2022-12-07 to 2025-07-16, but several high-profile rounds cluster in 2024 (e.g., Fable $25M on 2024-10-16; Motion $30M on 2024-09-19; Vidyard $15M on 2024-04-15). The most recent date in the list is 2025-07-16, with d1g1t (undisclosed) and New Wave ($2M) both appearing on that day.
Are there specific cities that appear more often than others in this Canadian data-and-analytics set?
Toronto is a recurring hub across different years and stages, including Motion (Toronto, 2024-09-19), Fable (Toronto, 2024-10-16), Vidyard is listed in Kitchener but Secoda is in Toronto (2023-09-21 $14M) and Manifest Climate (Toronto, 2023-07-24 undisclosed). Other cities appear, but the Toronto recurrence is stronger than any single alternative like Vancouver (e.g., MyFO $3M on 2024-10-18; Falco Resources is Montreal; MineSense is Vancouver 2022-12-07 $42M).
How much of the list is hard to compare because stage or amount wasn’t disclosed?
18 of 50 entries are labeled “Series Unknown” (for example, d1g1t on 2025-07-16 is undisclosed, and Wyvern is “Series Unknown” on 2024-10-17 with $6M). Separately, 8 of 50 entries have an “undisclosed” amount (including Greenspace 2025-03-11 and Remsoft 2025-03-11), which creates gaps when comparing deal sizes by stage.
Which stages dominate the disclosed set, and do any stages coincide with the largest checks?
Disclosed rounds appear across multiple stages, including Seed (e.g., Cinareo $1M on 2025-01-23; MyFO $3M on 2024-10-18), Series A (Secoda $14M on 2023-09-21; Mappedin $9M on 2023-02-22), and Series B (Fable $25M on 2024-10-16; Motion $30M on 2024-09-19). The largest disclosed amount ($42M) is specifically tied to Series E (MineSense Technologies on 2022-12-07), while the next tier of large disclosed rounds sits around Series B levels.
Are there any notable subclusters defined by repeated deal sizes or by similar disclosed ranges?
Several entries fall in the mid-to-high single-digit to mid-teens range, such as Exonetik $740K (2024-04-05) is much smaller than the $15M Vidyard round (2024-04-15), but the “teens” include Vidyard $15M (2024-04-15) and Secoda $14M (2023-09-21). Meanwhile, large checks above $20M appear as a small group: Motion $30M (2024-09-19), Xanadu $30M (2023-01-23), and Fable $25M (2024-10-16), each separated by year and tied to different Toronto-area companies.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.