Funded Professional Services Startups in Canada
Among the 24 most recent Canadian professional services entries, one disclosed round stands apart: Optimus SBR’s $116M (announced 2025-11-06).
Among the 24 most recent Canadian professional services entries, one disclosed round stands apart: Optimus SBR’s $116M (announced 2025-11-06). Every other disclosed amount shown is below $20M (next-largest disclosed is Lightworks at $12M on 2026-02-17), making that $116M outlier dwarf the rest of the list.
The rounds also cluster around specific geographies and time windows. Toronto appears repeatedly (e.g., Adaptis $4M on 2025-04-08; Ownright $3M on 2025-03-18; Optimus SBR $116M on 2025-11-06), while several Quebec/B.C./Ontario cities show single entries (Montréal, Sherbrooke, Delta, Denman Island, Calgary). Temporally, the most recent edge runs from 2026-06-05 (Bullfinch Earth) back to 2021-09-09 (Radicle Group), with many of the latest rounds concentrated in mid-2025 to early-2026. Stage reporting is sparse: 11 of 24 entries are marked “Series Unknown” and 3 of 24 are “undisclosed.”
Most recent rounds
24 shownRelated listings
Frequently asked
What’s the largest disclosed round in this Canada professional services set, and how far above the next tier is it?
Optimus SBR’s disclosed $116M (2025-11-06) is the only amount above $50M in the rows shown, while the next-largest disclosed amounts sit much lower (Lightworks $12M on 2026-02-17, and other disclosed entries like $8M Alvéole on 2022-11-10 and $7.7? not shown; the next clearly listed tier is below $20M).
Are there city concentrations, or is the geography evenly spread across Canada?
Geography is clustered rather than evenly spread: Toronto appears across multiple entries (e.g., DevvStream Holdings in Vancouver, but for Toronto specifically Optimus SBR $116M on 2025-11-06; Adaptis $4M on 2025-04-08; Ownright $3M on 2025-03-18; Northstar? is Delta; Notary Pro is Ottawa). Other cities show up mostly once (Montréal: Alvéole $8M on 2022-11-10; Sherbrooke: Aquarius $20K on 2024-10-16; Calgary: Salish Environmental $3M on 2022-10-12).
Which entries were announced closest to the top of the list, and what does that say about the newest activity?
The most recent dates are tightly grouped in late June 2026: Bullfinch Earth (Pre-Seed) closed 2026-06-05 with $100K and DevvStream Holdings (Series Unknown) closed 2026-06-04 with $2M, followed by Retarget.gg on 2026-06-03 (undisclosed). That cluster at the end of the displayed timeline suggests the newest rounds are concentrated within a few days.
How dominant is missing stage disclosure in these professional services rounds?
Stage labels are frequently missing or unclear: 11 of 24 entries are tagged “Series Unknown” and 3 of 24 are “undisclosed,” including examples like Retarget.gg (2026-06-03, undisclosed) and EcoClaim (2024-02-13, undisclosed). Only a smaller subset has explicit stages such as Seed (e.g., Adaptis $4M on 2025-04-08; Ownright $3M on 2025-03-18) or Series A (Alvéole $8M on 2022-11-10).
Are there other notable outliers besides the $116M round?
Yes, the bottom end is extremely small versus the rest: the smallest disclosed amount shown is Aquarius at $20K on 2024-10-16. Meanwhile, several entries sit in mid-range disclosed values (e.g., Northstar Clean Technologies $720K on 2025-12-09 and CDEM $490K on 2023-08-03), highlighting a wide spread between sub-$1M rounds and the single $116M outlier.
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