EdTech startups in Toronto, Canada
There are 495 EdTech startups in Toronto, Canada which include Top Hat, Xello, KEV Group, Figure 1, BioRender. Out of these, 74 startups are funded, with 23 having secured Series A+ funding.
Over the past 10 years, an average of 24 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Toronto, University of Waterloo and Harvard Business School.
Here is the list of top EdTech startups in Toronto, Canada
1. Top Hat
Provider of interactive digital platform and content for higher education. The platform offers tools for educators to create engaging learning experiences. It includes features for student response, assessment, discussions, and attendance tracking. The platform also provides customizable content, interactive textbooks, and integration with learning management systems.
Key facts about Top Hat
- Founded Year: 2009
- Location: Toronto (Canada)
- Stage: Series E
- Total Funding till date: $200M
- Investors: Georgian, Emergence Capital and 18 Others
- Latest Funding Round: Series E, Feb 04, 2021, $*****
- Tracxn Score: 72/100 What is this?
- Competitors Rank: 1 of 30 Competitors
2. Xello
Xello provides an online platform for developing technical and soft skills in students. It provides students with "Xello", an online platform through which students can create profiles and learn skills required in colleges and various jobs. It offers features such as student data reporting, self-assessment tools, personalized student portfolios, etc. It provides educators with data reports, communication and course management, etc.
Key facts about Xello
- Founded Year: 1997
- Location: Toronto (Canada)
- Stage: Late Stage
- Investors: Canadian Business Growth Fund and Fusion Partners
- Latest Funding Round: PE, May 07, 2020, $*****
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 6 of 812 Competitors
3. KEV Group
KEV Group provides a web-based financial management platform for schools. The features include student fees and forms catalog customised with pictures, instalment payments, email reminder, etc, school accounting management, community notifications, student fees and forms data collection and comprehensive reports to track payments and finances. It also enables integration of online payments and digital forms with school-level accounting. The platform is has been certified by PIPEDA, SSAE 16 Type II, PCI and Cloud backup. Claims to have been used by 8500+ schools across 23 states and 10 provinces.
Key facts about KEV Group
- Founded Year: 1996
- Location: Toronto (Canada)
- Stage: Funding Raised
- Investors: Saratoga Investment, Rothschild & Co and 1 Other
- Latest Funding Round: Unattributed, Feb 21, 2025, $*****
- Tracxn Score: 55/100 What is this?
- Competitors Rank: 35 of 7,057 Competitors
4. Figure 1
Provider of medical educational platform for professionals. The company offers a platform for doctors and the medical community at large can share photos and information about rare and difficult-to-diagnose cases. The features include image descriptions of existing images in the database so users can search for diagnoses. They also provide face detection software that finds any potential identifying features and more.
Key facts about Figure 1
- Founded Year: 2013
- Location: Toronto (Canada)
- Stage: Series B
- Total Funding till date: $20.9M
- Investors: Union Square Ventures, Rho Canada Partners and 18 Others
- Latest Funding Round: Series B, Jun 13, 2017, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 10 of 1,379 Competitors
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5. BioRender
BioRender is a digital teaching tool provider for life sciences. It provides icons, templates to help researchers & teachers create, share scientific illustrations. Monetizes through monthly subscription packages. Some of their clients include Standford medical, Genentech, University of Cambridge, Roche, University of Toronto, and others.
Key facts about BioRender
- Founded Year: 2016
- Location: Toronto (Canada)
- Stage: Seed
- Total Funding till date: $120K
- Investors: Refactor Capital, Fifty Years and 6 Others
- Latest Funding Round: Seed, Mar 21, 2018, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 4 of 174 Competitors