Recently Funded Startups in Ontario
Updated Sep 2026
There are 1,240 funded startups in Ontario in the FundedIQ database, each with its funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the startup funding landscape in Ontario, along with the 100 most recently funded startups there.
Artificial Intelligence, Financial Services and Natural Resources hold the most companies by sector. Toronto and Ottawa hold the deepest concentrations of funded startups in Ontario. Startups in Ontario closed 676 funding rounds over the last 24 months, 337 of them in the last 12 months, and raised $27B in disclosed capital. The median disclosed round is $2.8M, with the middle half of rounds falling between $720K and $12M.
Artificial Intelligence leads this group, followed by Financial Services and Natural Resources. The presence of Natural Resources and Biotechnology alongside Health Care creates a split between digital software and physical science. Toronto remains the primary center. Filtering by city or sub-sector separates the heavy industrial players from the software firms concentrated in Ottawa or Waterloo.
Ontario funded startup statistics
Most recent funding round on record: Sep 2026.
100 most recently funded startups in Ontario
100 of 1,240Ordered 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.
1,140 more funded startups
This page shows the 100 most recent rounds (back to May 2026). The full 1,240-company history for this listing opens on a FundedIQ plan.
Unlock all 1,240 companies in this listing: full funding history, investors, and founders.
Ontario startup funding trends
Funding activity
Startups in Ontario closed 676 funding rounds over the last 24 months, 337 of them in the last 12, adding up to $27B in disclosed capital.
Round sizes
The median disclosed round is $2.8M, with the middle half running from $720K to $12M. 586 of 676 rounds disclosed an amount.
Sectors
Artificial Intelligence, Financial Services and Natural Resources hold the most companies, led by Artificial Intelligence at 142. The most common headcount band across the segment is 11-50.
Industries with the most funded startups in Ontario
Sector counts across all 1,240 tracked companies in Ontario. A company assigned more than one industry is counted in each.
Where are funded startups located in Ontario?
Where funded startups in Ontario are based, by the city on the company record.
Funding stages in Ontario
How the last 24 months of funding rounds for funded startups in Ontario break down by stage.
A further 544 rounds in this period were announced without a stage label and are not ranked above.
About the FundedIQ Ontario startup funding data
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 1,240 funded startups in Ontario currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (90 of 676 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Ontario is dated Sep 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 startups are there in Ontario?
FundedIQ tracks 1,240 funded startups in Ontario. 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 startups in Ontario raised?
Startups in Ontario tracked by FundedIQ have raised $27B in disclosed capital across 676 funding rounds over the last 24 months, including 337 rounds in the last 12 months. 586 of those 676 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.
What industries have the most funded startups in Ontario?
Artificial Intelligence has the most, with 142 companies, followed by Financial Services (120), Natural Resources (117) and Health Care (96). Sector counts include every company assigned that industry, and a company can carry more than one.
Which cities have the most funded startups in Ontario?
Toronto leads with 833 companies, then Ottawa (76), Mississauga (41) and Waterloo (41).
What is a typical funding round size for startups in Ontario?
The median disclosed round over the last 24 months is $2.8M, and the middle half of rounds fall between $720K and $12M. 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 startups in Ontario?
Seed is the most common labelled stage, with 51 rounds in the last 24 months, ahead of Pre-Seed (27) and Series A (27). A further 544 rounds were announced without a stage label and are not counted here.
How often is the Ontario startup funding data 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 startups in Ontario is dated Sep 2026. Counts and totals on this page are recomputed on every refresh.
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