Funded Startups in Toronto
Across the 50 Toronto-based entries shown (sorted by round date descending), the largest disclosed round is Beacon Software’s Series B on 2025-11-06 for $2…
Across the 50 Toronto-based entries shown (sorted by round date descending), the largest disclosed round is Beacon Software’s Series B on 2025-11-06 for $250M, which dwarfs the rest: the next-largest disclosed amounts shown include Electric Mind at $100M (2025-10-28) and Wealthsimple at $393M (2025-10-28), with multiple other rounds far below $50M. Sector-wise, AI-related companies cluster heavily: “Artificial Intelligence (AI)” appears across multiple entries including Wealthsimple ($393M, 2025-10-28), Spellbook ($50M, 2025-10-08), Cohere ($100M, 2025-09-28), and Blue J Legal ($122M, 2025-08-04), alongside broader IT/cyber/sustainability pairings. Temporal concentration is also visible in the recent window: many rounds land between 2025-10-28 and 2025-11-20 (e.g., Feroot Security $14M on 2025-11-20; Beacon Software $250M on 2025-11-06; Optimus SBR $82M on 2025-11-04). Disclosures skew “incomplete” in a predictable way, with 9 rows marked “undisclosed” and 5 marked “Venture - Series Unknown.” Dates span 2025-07-16 through 2025-11-20, anchoring the page in the last four-plus months.
Most recent rounds
50 shownRelated listings
Frequently asked
Which rounds are the strongest disclosed outliers, and how far above the rest are they?
The biggest disclosed amount is Beacon Software’s $250M Series B on 2025-11-06; other large disclosed rounds in the same list include Wealthsimple’s $393M Series E on 2025-10-28 and Electric Mind’s $100M Private Equity on 2025-10-28. Below that, many disclosed entries sit well under $50M, including NLPatent’s $3M seed (2025-11-16) and Provision’s $7M seed (2025-10-13).
Do the dates cluster near the top of the list, suggesting a recent funding wave?
Yes. Multiple rounds fall within late October through mid-November 2025, including Electric Mind ($100M, 2025-10-28), Wealthsimple ($393M, 2025-10-28), Beacon Software ($250M, 2025-11-06), and Feroot Security ($14M, 2025-11-20). The page’s span runs from 2025-07-16 (Belgravia Hartford $5M) up to 2025-11-20 (Feroot Security), so density is highest toward the latest months.
How incomplete are the disclosure patterns, and do they affect which comparisons are reliable?
Nine of the 50 rows show “undisclosed” amounts (e.g., BrokerBot on 2025-10-16 and d1g1t on 2025-07-16). Five rows also use “Venture - Series Unknown” in the stage field (e.g., Oak Street Partners at $720K on 2025-09-22), so stage/amount comparisons are most reliable when the amount is disclosed.
What stage mix dominates these Toronto rounds, and which specific stages appear repeatedly?
Beyond “Series Unknown” and “undisclosed,” clearly labeled stages recur at meaningful levels: Seed appears on multiple entries (e.g., NLPatent $3M on 2025-11-16; Provision $7M on 2025-10-13; Mycroft $4M on 2025-09-27), while Private Equity shows several high-dollar checks such as Optimus SBR $82M (2025-11-04) and Electric Mind $100M (2025-10-28). Venture - Series Unknown is present but not the majority, with 5 rows explicitly marked that way.
Are any sectors over-represented relative to others, based on repeated labels in the rows shown?
AI-linked categories recur across many entries, spanning both product and services labels: Wealthsimple (FinTech/Finance) at $393M on 2025-10-28; Spellbook (AI) at $50M on 2025-10-08; Cohere (AI) at $100M on 2025-09-28; and Blue J Legal (AI) at $122M on 2025-08-04. Natural resources and blockchain/crypto also appear multiple times (e.g., Denison Mines $345M on 2025-08-12; TenX $22M on 2025-08-18), indicating sector clustering rather than a uniform spread.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.