Funded Information Technology Startups in Toronto
Across the 26 most recent information technology rounds in Toronto, the largest disclosed amount is 1Password’s $620M Series C on 2022-01-19, which dwarfs…
Across the 26 most recent information technology rounds in Toronto, the largest disclosed amount is 1Password’s $620M Series C on 2022-01-19, which dwarfs every other disclosed round in the list (the next-largest disclosed amounts are $160M for Tailscale on 2025-04-08 and $50M for Valence on 2025-09-22). The amounts also show a wide spread: multiple pre-seed/seed grants are $100K or $100K-level (e.g., Leasey $100K on 2024-06-18; Origami XR $100K on 2022-03-22; Apply Digital $100K on 2022-01-12), while several mid-stage rounds cluster in the single-digit millions (e.g., MiCharity $5M on 2023-06-16; Perceptive Space $3M on 2024-08-06).
Stage and disclosure mix is uneven: 12 of 26 entries are labeled “Series Unknown,” and 3 of 26 list “undisclosed” amounts (Repliers 2025-05-14; Bidmii 2024-11-01; Lane Four 2024-10-31; all missing amounts). Temporally, the round dates span 2021-05-20 (OpenUnit) to 2025-11-20 (Feroot Security), with a clear concentration in 2024–2025 (most of the listed rounds), and the geography stays consistently Toronto, Ontario throughout the rows.
Most recent rounds
26 shownRelated listings
Frequently asked
Which disclosed round is the outlier, and how does it compare to other disclosed amounts in this Toronto IT set?
1Password’s $620M Series C on 2022-01-19 is the only disclosed round above $100M, far above Tailscale’s $160M on 2025-04-08 and Valence’s $50M on 2025-09-22.
How much of the list is missing or non-standard on round size (undisclosed amounts vs “Series Unknown”)?
Out of 26 entries, 12 are labeled “Series Unknown” (e.g., Cybeats Technologies on 2025-07-21, Spetz on 2025-03-25), and 4 entries show “undisclosed” amounts (Repliers 2025-05-14; Bidmii 2024-11-01; Lane Four 2024-10-31; Jetdocs 2023-05-01).
Is there a temporal cluster in the most recent period shown?
Yes. The newest listed round is Feroot Security on 2025-11-20, and many additional rounds fall in 2024–2025 (for example, Tailscale 2025-04-08, Valence 2025-09-22, and Perceptive Space 2024-08-06), with the earliest row at 2021-05-20 (OpenUnit).
What stage mix dominates when stage names are provided (beyond “Series Unknown”)?
Among labeled stages, “Series A” appears multiple times (Feroot Security 2025-11-20 $14M; MiCharity 2023-06-16 $5M), and “Seed” shows up repeatedly as well (Lancey 2022-12-05 $2M; Venue 2022-08-17 $4M; FilSwan is “undisclosed” and stage is “Seed” on 2024-09-25).
Are there small-round outliers worth flagging relative to the smallest disclosed amount?
The smallest disclosed amount is $100K, appearing at Leasey (2024-06-18), Origami XR (2022-03-22), and Apply Digital (2022-01-12). These $100K rounds form a clear low-end band alongside several other low single-digit millions entries like Aux Mode ($1M on 2023-07-24) and Metaguest ($720K on 2025-05-09).
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