FundedIQ

Recently Funded Series D Startups in Canada

Updated Aug 2026

Funded Series D startups in Canada number 15 in FundedIQ, tracked with their funding rounds, amounts, investors, industries, locations and company details. This page provides an overview of the Series D startup funding landscape in Canada, along with the 15 most recently funded Series D startups in Canada.

Artificial Intelligence, Biotechnology and Information Technology hold the most companies by sector. Toronto and Montréal hold the deepest concentrations of these companies. Series D startups in Canada closed 5 funding rounds over the last 24 months, 3 of them in the last 12 months, and raised $382M in disclosed capital. The median disclosed round is $90M, with the middle half of rounds falling between $35M and $100M.

Artificial Intelligence and Biotechnology dominate this stage. Administrative Services and Commerce and Shopping add unexpected variety to the mix. Toronto and Montréal lead the geography. Large headcounts are common, but small teams also appear. Filter by sub-sector to separate deep tech from service providers.

Series D funded startup statistics in Canada

Funded Series D startups in Canada
15
tracked in the database
Funding rounds, last 12 months
3
5 over 24 months
Disclosed capital raised, 24 months
$382M
5 of 5 rounds disclosed an amount
Median round size
$90M
middle half $35M to $100M

Most recent funding round on record: Jan 2026.

15 most recently funded Series D startups in Canada

15 shown

Ordered 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.

V
Montréal, Canada · Design
Vention is a next-generation digital manufacturing platform for machine design, enabling engineers and other…
Series D ·
$90M
A
Halifax, Canada · Biotechnology
Founded in 2012, we are focused on researching, developing, and commercializing breakthrough medical device…
Series D ·
$35M
C
Toronto, Canada · Artificial Intelligence (AI)
Cohere is a platform that gives developers and businesses access to NLP, powered by the innovative generation…
Series D ·
$100M
B
Toronto, Canada · Artificial Intelligence (AI)
Experts know that the best answers cannot simply be looked up in a statute or found in a publisher’s online…
Series D ·
$122M
C
Toronto, Canada · Commerce and Shopping
Clutch is a Toronto-based technology company that is reinventing the way people buy and own cars. Clutch…
Series D ·
$35M
K
Toronto, Canada · Financial Services
KOHO is one seamless platform for your money and life. Founded in 2014, we are a forward-thinking fintech…
Series D ·
$63M
B
Toronto, Canada · Artificial Intelligence (AI)
BenchSci uses AI to empower scientists to run more successful experiments to accelerate drug discovery.…
Series D ·
$70M
J
Edmonton, Canada · Mobile
Software for home service firms that has won awards for operations management Around 27 million households in…
Series D ·
$100M
W
Montréal, Canada · Administrative Services
WorkJam is an employee engagement suite that unleashes the potential of enterprise workforces through agile…
Series D ·
$50M
C
Ottawa, Canada · Information Technology
Series D ·
$10M
L
Quebec, Canada · Hardware
LeddarTech is a leader in environmental sensing platforms for autonomous vehicles and advanced driver…
Series D ·
$116M
A
Ottawa, Canada · Information Technology
Assent Compliance specializes in IT solutions that help organizations with their compliance strategies. These…
Series D ·
$350M
V
Vancouver, Canada · Biotechnology
Virogin Biotech Ltd. ("Virogin") was founded in 2015, with the headquarters located in Vancouver, Canada.…
Series D ·
$120M
D
Vancouver, Canada · Gaming
Dapper Labs is a consumer-focused Flow blockchain product made for fun and games and supports digital…
Series D ·
$250M
S
Burnaby, Canada · Energy
Svante offers companies in emissions-intensive industries a commercially viable way to capture large-scale…
Series D ·
$75M

Industries with the most funded Series D startups in Canada

Sector counts across all 15 tracked companies in Canada. A company assigned more than one industry is counted in each.

Where are funded Series D startups located in Canada?

Where funded Series D startups in Canada are based, by the city on the company record.

Funded Series D startups in Canada by province

The provinces with the most funded startups on record.

About the FundedIQ Series D startup funding data in Canada

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 15 funded Series D startups in Canada currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (0 of 5 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded Series D startups in Canada is dated Jan 2026.

The table above shows the 15 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 Series D startups are there in Canada?

FundedIQ tracks 15 funded Series D startups in Canada. This page lists the 15 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 Series D startups in Canada raised?

Series D startups in Canada tracked by FundedIQ have raised $382M in disclosed capital across 5 funding rounds over the last 24 months, including 3 rounds in the last 12 months. 5 of those 5 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

What industries have the most funded Series D startups in Canada?

Artificial Intelligence has the most, with 3 companies, followed by Biotechnology (2), Information Technology (2) and Administrative Services (1). Sector counts include every company assigned that industry, and a company can carry more than one.

Which cities have the most funded Series D startups in Canada?

Toronto leads with 5 companies, then Montréal (2), Ottawa (2) and Vancouver (2).

What is a typical funding round size for Series D startups in Canada?

The median disclosed round over the last 24 months is $90M, and the middle half of rounds fall between $35M and $100M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

How often is the Series D startup funding data in Canada 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 Series D startups in Canada is dated Jan 2026. Counts and totals on this page are recomputed on every refresh.

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