Funded Internet Services Startups in Canada
Recent disclosed funding in Canadian “Internet Services” skews sharply toward a single outlier: StreamingFast raised $60M on 2021-06-17, while the next-lar…
Recent disclosed funding in Canadian “Internet Services” skews sharply toward a single outlier: StreamingFast raised $60M on 2021-06-17, while the next-largest disclosed amounts shown are $63M (Ting, 2024-08-20) and $23M (Zone·tv, 2022-10-10), with most other disclosed rounds clustered well below $20M (e.g., $17M for Damon Motors on 2025-03-19; $19M for ChainSafe Systems on 2022-10-18). Temporally, the 29 rows span 2020-03-09 (Checkfront) through 2026-05-06 (Jetty), and funding activity concentrates in mid-2024: three of the disclosed entries fall between 2024-07-24 and 2024-08-20 (BLUERUSH $900K on 2024-07-24; Ting $63M on 2024-08-20; plus Nulogy’s undisclosed round on 2024-02-15 keeps the year active). Geographically, Ontario appears repeatedly (Toronto, Pickering, Halifax, and other cities) alongside strong Vancouver presence (Beatdapp 2024-01-19 $17M; VanHack 2023-06-02 $2M), and a large share of rounds are classified as “Series Unknown” or “undisclosed” (14 “Series Unknown,” 2 “undisclosed”).
Most recent rounds
29 shownRelated listings
Frequently asked
What’s the biggest disclosed round here, and how much does it dominate the rest?
The largest disclosed amount is Ting’s $63M on 2024-08-20. It sits in the same high-disclosed range as StreamingFast’s $60M (2021-06-17) and Zone·tv’s $23M (2022-10-10), while many other disclosed rounds are far lower, including $19M (ChainSafe Systems, 2022-10-18), $17M (Damon Motors, 2025-03-19), and $9M (Checkfront, 2020-03-09).
Which cities show up most, and do they suggest a geographic cluster?
Toronto is one of the most repeated bases, including Ting (Toronto, 2024-08-20 $63M), BLUERUSH (Toronto, 2024-07-24 $900K), Nulogy (Toronto, 2024-02-15 undisclosed), and AutoLeap (Toronto, 2023-04-11 $30M). Vancouver is another recurring hub, with Damon Motors (Vancouver 2025-03-19 $17M), Beatdapp (Vancouver 2024-01-19 $17M), VanHack (Vancouver 2023-06-02 $2M), and Castr (Vancouver 2022-09-15 undisclosed).
Are there any notable concentration windows in the round dates?
Yes. 2024 includes multiple entries clustered within a few months, such as BLUERUSH on 2024-07-24 ($900K) and Ting on 2024-08-20 ($63M). More broadly, the list spans 2020-03-09 (Checkfront) through 2026-05-06 (Jetty), indicating activity across the entire window rather than a single short burst.
What stage mix dominates, and how much funding lacks a stage label?
“Series Unknown” appears in 14 of the 29 rows, more than any named stage (e.g., Seed appears 3 times: iRestify 2022-03-08 $5M; myComply 2022-04-06 $3M; Visualping 2021-07-16 $6M). Amounts are also frequently missing or confidential: 2 rows are explicitly “undisclosed” (Nulogy on 2024-02-15; Drop Mobility on 2024-01-24), so both stage and amount transparency are limited in a sizable share of entries.
Which entries look like outliers on amount disclosure, worth prioritizing for diligence?
At the high end, StreamingFast’s $60M (2021-06-17) and Ting’s $63M (2024-08-20) stand well above many other disclosed rounds in the list (for example, Fractalytic at $20K on 2023-05-02 and BisRing at $100K on 2020-10-31). At the low end, Fractalytic’s $20K is the smallest disclosed amount shown, creating a wide disclosed range between those extremes.
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