Twelve Prominent Startup Businesses Based in Toronto to Keep an Eye On
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Toronto, Canada's largest city, is rapidly emerging as a global tech hub, attracting a diverse range of startups and established companies. Here are some of the notable tech companies based in Toronto, each bringing their unique offerings to the table.
AI and Custom App Development Lead the Way
One area where Toronto excels is in artificial intelligence (AI) and custom app development. Companies like 247 Labs Inc. specialise in delivering cloud-native mobile and web experiences, with a focus on rapid innovation for sectors such as healthcare, education, and retail [1].
Another AI-driven app developer, datarockets, is renowned for scalable mobile and web solutions in fintech, education, and transportation. They prioritise transparency and long-term partnerships [1].
Provide Profico offers full-stack development, mobile apps, and UX/UI design, serving industries such as automotive, healthcare, and finance with end-to-end digital solutions [1].
Machine Learning and Advanced Materials
In the realm of machine learning, Integrate.ai develops tools for privacy-safe machine learning and analytics, enabling organisations to extract value from sensitive data with reduced risk [2].
Meanwhile, Phaseshift Technologies uses its Rapid Alloy Design platform to design and evaluate advanced industrial materials for industries like aerospace, mining, and energy. They secured $3 million in seed financing in late 2024 [3].
Expanding Horizons in Various Industries
Several Toronto-based companies are making waves in different sectors. Supernova Technology, for instance, offers cloud-based solutions for securities-based lending to banks and registered investment advisors [4].
Sonatus, founded in 2018, develops in-vehicle and cloud software solutions for automakers, aiming to provide more connected, flexible, and secure driving experiences [4].
BuildOps is a unified management platform for commercial contractors, offering quoting, invoicing, scheduling, and real-time data insights. They are expanding in Canada, with their Old Toronto office as the main hub [5].
Wine Recommendations and More
In the leisure industry, Somm is a wine recommendation app based in Toronto, offering wine tastings, vineyard tours, and curated dining events. In 2022, they acquired DINR, an app for same-day restaurant reservations [6].
Toronto's tech scene is also home to HyperComply, a company that automates the process of sharing compliance information and accelerates sales through machine learning. They are fully remote but host in-person team gatherings and social events at their offices in the United States and Canada [7].
Lastly, Secoda is an AI-powered company that consolidates all data sources into a unified data management platform. The team operates remotely but meets in person on a regular basis [8].
With these startups and many others, Toronto's tech scene continues to grow and evolve, offering a rich environment for innovation and growth.
[1] Toronto Startups [2] Integrate.ai [3] Phaseshift Technologies [4] Supernova Technology [5] BuildOps [6] Somm [7] HyperComply [8] Secoda
Businesses in the finance sector can benefit from the services of Provide Profico, a full-stack development company in Toronto that offers mobile apps, UX/UI design, and end-to-end digital solutions for industries such as finance [1].In the realm of technology, Somm is a wine recommendation app based in Toronto, offering a variety of leisure-focused services such as wine tastings, vineyard tours, and curated dining events [6].
