About Artificial Intelligence companies in Artificial Intelligence in Canada
There are 987 Artificial Intelligence companies in Artificial Intelligence in Canada, including 299 funded companies having collectively raised $11.2B in venture capital money and private equity. Out of these, 139 are Series A+ funded, and 7 have achieved unicorn status.
Artificial Intelligence companies in Artificial Intelligence in Canada has seen 45 acquisitions and 5 IPOs. This represents almost 5.1% of all such companies - which is higher than the 4.9% exit rate of tech companies in general.
Top Artificial Intelligence companies in Artificial Intelligence in Canada
There are more than 987 Artificial Intelligence companies in Artificial Intelligence in Canada. Landr is the top Artificial Intelligence company in Artificial Intelligence in Canada, ranked using Tracxn Score (what's this?).
Here are 5 of the top Artificial Intelligence companies in Artificial Intelligence in Canada:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of online tools for music mastering, distribution, and collaboration | Montreal (Canada) | 2012 | Series B | $37.7M | |
Developer of enterprise AI platform and multilingual language and retrieval models | Toronto (Canada) | 2019 | Series D | $1.54B | |
Provider of a modular hardware and software platform for industrial automation | Montreal (Canada) | 2016 | Series D | $263M | |
Provider of incentive compensation management solutions for enterprises | Toronto (Canada) | 2003 | Acquired | $49M | |
Provider of an AI-powered platform for digital advertising campaign management | Toronto (Canada) | 2014 | Series B | $537M |
Artificial Intelligence companies founded year-on-year in Artificial Intelligence in Canada
157 Artificial Intelligence startups in Artificial Intelligence in Canada were founded in 2023 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 66 |
2024 | 110 |
2023 | 157 |
2022 | 74 |
2021 | 73 |
2020 | 87 |
2019 | 54 |
2018 | 63 |
2017 | 60 |
Stage-wise distribution of Artificial Intelligence companies in Artificial Intelligence in Canada
Out of the total 987 Artificial Intelligence companies in Artificial Intelligence in Canada, 299 have secured funding. Among them, 139 have reached Series A or higher, and 84 to Series B or beyond.
Founded - 987
Funded - 299
Series A+ - 139
Series B+ - 84
Series C+ - 67
Company Stage | No. of companies |
|---|---|
Founded | 987 |
Funded | 299 |
Series A+ | 139 |
Series B+ | 84 |
Series C+ | 67 |
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Funding Trends in Artificial Intelligence companies in Artificial Intelligence in Canada
Total funding year-on-year in Artificial Intelligence companies in Artificial Intelligence in Canada
Artificial Intelligence companies in Artificial Intelligence in Canada saw a total funding of more than $10.8B in the last 10 years. The most amount of funding was in 2025 at more than $2.4B. There has been a total funding of $933M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $933M |
2025 | $2.4B |
2024 | $1.76B |
2023 | $967M |
2022 | $1.14B |
2021 | $2.05B |
2020 | $321M |
2019 | $633M |
2018 | $350M |
2017 | $254M |
Recent Funding Rounds in Artificial Intelligence companies in Artificial Intelligence in Canada
In the year 2026, till March 2026, Artificial Intelligence companies in Artificial Intelligence in Canada have raised $930M in equity funding across 9 rounds.
In the same period last year (i.e. till March 2025), Artificial Intelligence companies in Artificial Intelligence in Canada had raised $330M across 17 rounds.
So, 2026 has seen a 181.69% rise in funding in Artificial Intelligence companies in Artificial Intelligence in Canada as compared to 2025.
Here are some recent, important funding rounds in Artificial Intelligence companies in Artificial Intelligence in Canada:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 8188 | Mar 24, 2026 | and 2 more | |
Series B | 4240 | Mar 23, 2026 | ||
Seed | 6421 | Feb 11, 2026 | ||
Seed | 5764 | Feb 04, 2026 | - | |
Series C | 6711 | Jan 28, 2026 |
Top Investors in Artificial Intelligence companies in Artificial Intelligence in Canada
Plug and Play Tech Center is the top investor in Artificial Intelligence companies in Artificial Intelligence in Canada based on number of companies invested.
Here are some top investors in Artificial Intelligence companies in Artificial Intelligence in Canada:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | ||
Menlo Park (United States) | ProteinQure and Covalent | |
Montreal (Canada) | ||
Toronto (Canada) | ||
Montreal (Canada) |
M&A activity in Artificial Intelligence companies in Artificial Intelligence in Canada
In the year 2026, till March 2026, 2 acquisitions happened in Artificial Intelligence companies in Artificial Intelligence in Canada. Last year, in 2025, a total of 8 acquisitions happened in Artificial Intelligence companies in Artificial Intelligence in Canada.
Here are some recent, important acquisitions in Artificial Intelligence companies in Artificial Intelligence in Canada:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Mar 18, 2026 | ||
Business Acquisition | Jan 20, 2026 | ||
Business Acquisition | Dec 05, 2025 | ||
Business Acquisition | Nov 05, 2025 | ||
Business Acquisition | Jun 27, 2025 |
Acquisition trends in Artificial Intelligence companies in Artificial Intelligence in Canada
Here are the acquisition trends in Artificial Intelligence companies in Artificial Intelligence in Canada:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 2 |
2025 | 8 |
2024 | 5 |
2023 | 7 |
2022 | 6 |
2021 | 2 |
2020 | 5 |
2019 | 6 |
2018 | 4 |
2017 | 2 |
IPOs in Artificial Intelligence companies in Artificial Intelligence in Canada
In the year 2026, till April 2026, 1 IPO happened in Artificial Intelligence companies in Artificial Intelligence in Canada.
Here are some recent, important IPOs in Artificial Intelligence companies in Artificial Intelligence in Canada:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 09, 2026 | Toronto Stock Exchange - Venture Exchange (TSX-V) | |
Feb 21, 2025 | Frankfurt Stock Exchange (FRA) | |
Jan 08, 2025 | CBOE Stock Exchange (CBSX) | |
Nov 18, 2021 | Toronto Stock Exchange (TSX) | |
Mar 12, 2021 | Frankfurt Stock Exchange (FRA) |
Colleges which produce the most Artificial Intelligence companies in Artificial Intelligence in Canada
Companies founded by alumni from top colleges in Artificial Intelligence companies in Artificial Intelligence in Canada
Most number of Artificial Intelligence startups in Artificial Intelligence in Canada have been founded by alumni from University of Toronto, University of Waterloo and McGill University.
College | No. of companies |
|---|---|
University of Toronto | 53 |
University of Waterloo | 44 |
McGill University | 19 |
The University of British Columbia | 16 |
Queen's University | 13 |
York University | 12 |
McMaster University | 10 |
Stanford University | 10 |
Massachusetts Institute of Technology | 6 |
Carnegie Mellon University | 5 |
Total funding in Artificial Intelligence companies founded by alumni from top colleges in Artificial Intelligence in Canada
In the last 10 years, graduates from University of Toronto have raised the most funding for Artificial Intelligence companies in Artificial Intelligence in Canada, compared to alumni from other top colleges. University of Oxford alumni are second, and McGill University alumni are third.
College | Total Funding |
|---|---|
University of Toronto | $4.69B |
University of Oxford | $1.55B |
McGill University | $1.26B |
The University of British Columbia | $625M |
University of Waterloo | $582M |
Harvard University | $405M |
Queen's University | $327M |
McMaster University | $312M |
Harvard Business School | $267M |
Kellogg School of Management | $258M |
Top News in Artificial Intelligence companies in Artificial Intelligence in Canada
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Mycom Partners with LatenceTech to Strengthen SLA GovernanceBenzinga•Mar 03, 2026•Mycom, LatenceTech
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StackAdapt Partners With Experian to Supercharge First-party Data Activation for AdvertisersMarTech Series•Feb 18, 2026•Experian, StackAdapt
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Robot Trucker Waabi Enters Robotaxi Arena With Billion Dollar Fundingbitcoinethereumnews.com•Jan 28, 2026•Waabi, G2 Venture Partners, Khosla Ventures, Uber and 19 others
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Sonic Incytes Receives FDA Clearance for Velacur ONE for Liver Disease ManagementFinancial Post•Aug 13, 2025•Sonic Incytes
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HEALWELL Announces Update: AI Performance, Pentavere Acquisition, and Enhanced IntegrationFinanzNachrichten•Jul 16, 2025•HEALWELL AI, Pentavere
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Varicent and ServiceNow Join Forces to Power the Next Generation of Revenue ExecutionBusiness Wire•Jul 12, 2025•Varicent, ServiceNow
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Varicent and ServiceNow Join Forces to Power Next-Gen Revenue ExecutionBusiness Wire•Jul 08, 2025•Varicent, ServiceNow
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