Funded Data and Analytics Startups in Toronto
Across the 22 Toronto data-and-analytics startups shown, the largest disclosed round is Fable’s $25M (2024-10-16).
Across the 22 Toronto data-and-analytics startups shown, the largest disclosed round is Fable’s $25M (2024-10-16). That figure sits in a different tier than most other disclosed rounds, where several are clustered at or below $2M (e.g., Reklaim $330K on 2025-02-12, Cohesys $370K on 2024-07-08, and multiple $2M entries), while a small set of rounds land in the mid-to-high teens or $20M–$30M range (Cinchy $15M in 2022-10-27; Motion $30M in 2024-09-19; Relay $24M in 2024-02-06).
The list is also temporally concentrated: 10 of the 22 rounds fall between 2024-09-19 and 2025-07-16, with the two most recent round dates both on 2025-07-16 (d1g1t undisclosed; New Wave $2M). On classification, disclosure is often incomplete: 6 of 22 rounds are marked “undisclosed,” and 9 of 22 are “Series Unknown,” so the stage mix shown is uneven. All entries are based in Toronto, Ontario, Canada, with no additional cities listed within this page.
Most recent rounds
22 shownRelated listings
Frequently asked
Which disclosed rounds stand out in Toronto data and analytics, and how do they compare to the rest?
Fable’s $25M (Series B, 2024-10-16) is the largest disclosed amount in the table. Several other disclosed rounds are far smaller—Reklaim’s $330K (2025-02-12) and Cohesys’s $370K (2024-07-08) are in the sub-$1M range—while a handful of others are higher but still below Fable’s top line, such as Motion $30M (2024-09-19) and Relay $24M (2024-02-06).
Are there temporal clusters, especially around late 2024 and mid-2025?
Yes. 10 of the 22 listed rounds occur between 2024-09-19 and 2025-07-16, including Motion $30M (2024-09-19), Greenspace (2025-03-11, undisclosed), and two separate entries on the most recent date 2025-07-16 (d1g1t undisclosed; New Wave $2M).
How often are rounds undisclosed or labeled “Series Unknown,” and what does that imply for stage analysis?
Disclosure is incomplete in a sizable share: 6 of 22 rows are “undisclosed” amounts, and 9 of 22 rows are “Series Unknown” for the round type. For example, d1g1t (2025-07-16) and New Wave (2025-07-16) differ on amount disclosure, while multiple entries like Greenspace (2025-03-11) show undisclosed amounts with a nonstandard stage label (Series B in this case).
What stage mix shows up repeatedly among disclosed entries, and where does it break down?
Among explicitly labeled stages, Series B appears multiple times—Fable $25M (2024-10-16), Motion $30M (2024-09-19), and Cinchy $15M (2022-10-27)—and Pre-Seed also repeats (Cinareo $1M on 2025-01-23; NUMR INC undisclosed on 2024-04-10; Touchless undisclosed on 2022-08-24). However, “Series Unknown” is frequent (9 of 22), limiting how cleanly the table can be used for stage-level comparisons across the full 2022–2025 range.
Are there outliers in amount disclosure or round size that merit closer attention?
Two types of outliers stand out: amount outliers and disclosure outliers. Amount-wise, the largest disclosed round is $25M (Fable, 2024-10-16), while multiple entries cluster near $2M (e.g., Deskree $2M on 2023-09-20; Evidence $2M on 2023-09-14; Mero Technologies $2M on 2023-01-10). Disclosure-wise, several rounds are “undisclosed” (e.g., d1g1t on 2025-07-16 and Greenspace on 2025-03-11), making it impossible to benchmark those against the disclosed $10M debt round from Source (2022-02-16).
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