About Investment Tech sector in Toronto, Canada
The Investment Tech sector in Toronto, Canada comprises 424 companies, including 122 funded companies having collectively raised $2.26B in venture capital money and private equity. Out of these, 53 are Series A+ funded, and 1 has achieved unicorn status.
Investment Tech sector in Toronto, Canada has seen 30 acquisitions and 3 IPOs. This represents almost 7.8% of all such companies - which is higher than the 5.3% exit rate of tech companies in general.
This sector includes companies offering platforms for retail and institutional investors to research and invest in multiple financial assets. Also includes companies offering solutions to financial institutions providing investment related services.
Investment Tech sector is also known as Trading Tech, Trading Software Tech, Wealth Tech or Invest Tech.
All companies that provide software tools and solutions to facilitate public and private market investing. Also includes companies providing financial data and related analytics. Robo advisors, traditional investment advisors and brokerage houses. Robo Advisors is viewed as a separate cut by the investors, and traditional investment advisors are generally offline are excluded.
Top Investment Tech Companies in Toronto, Canada
There are 424 Investment Tech startups in Toronto, Canada which include Wealthsimple, Delphia Technologies, Q4, Micruity, PureFacts. Out of these, 122 startups are funded, with 53 having secured Series A+ funding, and 1 achieving unicorn status.
Over the past 10 years, an average of 28 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Toronto, University of Waterloo and Massachusetts Institute of Technology.
Here is the list of top Investment Tech startups in Toronto, Canada
1. Wealthsimple
Online robo advisory and stock trading platform. It offers investment in exchange-traded funds, stocks, cryptocurrencies, and more. It features tools and a calculator for tax filing. It enables users to invest in diversified portfolios.
Key facts about Wealthsimple
- Founded Year: 2014
- Location: Toronto (Canada)
- Stage: Series F
- Total Funding till date: $901M
- Investors: Power financial, Meritech and 30 Others
- Latest Funding Round: Series F, May 03, 2021, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 5 of 1,567 Competitors
Online investment strategy and advisor. It provides financial advisory solutions and distributes the fees it earns from managing the portfolio to its members as data dividends. It takes in existing data to show outcomes based on pre-set strategies.
Key facts about Delphia Technologies
- Founded Year: 2018
- Location: Toronto (Canada)
- Stage: Series A
- Total Funding till date: $66.2M
- Investors: Lerer Hippeau, Multicoin Capital and 14 Others
- Latest Funding Round: Series A, Jun 08, 2022, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 1 of 1 Competitors
3. Q4
Cloud based platform offering investor relations and markets solutions. It provides users with a platform that offers IR solutions, tools, insight, and information that support the decision making process for the organization, communicate and engage with investors. Its offering includes webcasting, studio, and intelligence solutions.
Key facts about Q4
- Founded Year: 2006
- Location: Toronto (Canada)
- Stage: Acquired
- Total Funding till date: $65M
- Investors: Napier Park Global Capital, First Ascent Ventures and 14 Others
- Latest Funding Round: Conventional Debt, Apr 15, 2020, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 1 of 75 Competitors
4. Micruity
Finance company offering pension management solutions. It allows users to manage financial insurance products like deferred annuities and pension plans for the retirement of employees. It provides a platform for communicating, verifying, and aggregating annuity-related data. It also offers an API to integrate into current company systems.
Key facts about Micruity
- Founded Year: 2017
- Location: Toronto (Canada)
- Stage: Series B
- Total Funding till date: $29.1M
- Investors: State Street Global Advisors, Western & Southern Financial Group and 15 Others
- Latest Funding Round: Series B, Aug 05, 2025, $*****
- Tracxn Score: 63/100 What is this?
5. PureFacts
CRM solutions for wealth managers. It features tools for portfolio views, transaction summaries, knows client fields, and client reports. The company also provides a reporting portal, data aggregation, augmented intelligence and fee calculation tools to the wealth management industry.
Key facts about PureFacts
- Founded Year: 2010
- Location: Toronto (Canada)
- Stage: Acquired
- Total Funding till date: $61M
- Investors: Scotiabank, Round13 and 1 Other
- Latest Funding Round: Series C, Mar 29, 2023, $*****
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 6 of 1,044 Competitors
Companies founded year-on-year in the Investment Tech sector in Toronto
45 Investment Tech startups in Toronto were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | 1 |
2024 | 5 |
2023 | 27 |
2022 | 24 |
2021 | 42 |
2020 | 45 |
2019 | 45 |
2018 | 35 |
2017 | 29 |
2016 | 27 |
Stage-wise distribution of Investment Tech sector companies in Toronto
Out of the total 424 Investment Tech companies in Toronto, 122 have secured funding. Among them, 53 have reached Series A or higher, and 43 to Series B or beyond.
Founded - 424
Funded - 122
Series A+ - 53
Series B+ - 43
Series C+ - 39
Company Stage | No. of companies |
|---|---|
Founded | 424 |
Funded | 122 |
Series A+ | 53 |
Series B+ | 43 |
Series C+ | 39 |
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Funding Trends in the Investment Tech sector in Toronto
Total funding year-on-year in the Investment Tech sector in Toronto
The Investment Tech sector in Toronto saw a total funding of more than $1.74B in the last 10 years. The most amount of funding was in 2021 at more than $759M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $26.3M |
2024 | $39M |
2023 | $49.2M |
2022 | $139M |
2021 | $759M |
2020 | $145M |
2019 | $86.2M |
2018 | $327M |
2017 | $93.9M |
Recent Funding Rounds in Investment Tech in Toronto
In the year 2025, till October 2025, Investment Tech companies in Toronto have raised $408M in equity funding across 3 rounds.
In the same period last year (i.e. till June 2024), Investment Tech companies in Toronto had raised $12.8M across 4 rounds.
So, 2025 has seen a 3080.31% rise in funding in Investment Tech companies in Toronto as compared to 2024.
Here are some recent, important funding rounds in Investment Tech companies in Toronto:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series F | 3805 | Oct 27, 2025 | ||
Series B | 4758 | Aug 05, 2025 | - | |
Series B | 1872 | Jul 17, 2025 | and 1 more | |
Series B | 1474 | Nov 25, 2024 | ||
Series A | 6404 | Jun 25, 2024 | and 4 more |
Top Investors in Investment Tech in Toronto
Plug and Play Tech Center is the top investor in Investment Tech companies in Toronto based on number of companies invested.
Here are some top investors in Investment Tech companies in Toronto:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | - | |
Toronto (Canada) | ||
Toronto (Canada) | ||
Toronto (Canada) | ||
Toronto (Canada) |
M&A activity in Investment Tech sector in Toronto
In the year 2025, till December 2025, 3 acquisitions happened in Investment Tech sector in Toronto. Last year, in 2024, a total of 3 acquisitions happened in Investment Tech sector in Toronto.
Here are some recent, important acquisitions in Investment Tech sector in Toronto:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Dec 05, 2025 | ||
Business Acquisition | Sep 24, 2025 | ||
Business Acquisition | Feb 11, 2025 | ||
Business Acquisition | Oct 28, 2024 | ||
Business Acquisition | Aug 12, 2024 |
Acquisition trends in Investment Tech sector in Toronto
Here are the acquisition trends in Investment Tech sector in Toronto:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | 2 |
2024 | 3 |
2023 | 3 |
2022 | 5 |
2021 | 3 |
2020 | 2 |
2019 | 7 |
2018 | 2 |
2017 | 3 |
2016 | 2 |
IPOs in Investment Tech in Toronto
In the year 2022, till June 2022, 1 IPO happened in Investment Tech sector in Toronto.
Here are some recent, important IPOs in Investment Tech sector in Toronto:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jun 06, 2022 | Canadian Securities Exchange (CSE) | |
Oct 28, 2021 | Toronto Stock Exchange (TSX) | |
May 05, 2021 | Toronto Stock Exchange (TSX) | |
May 18, 2011 | Toronto Stock Exchange (TSX) | |
Nov 04, 2002 | Toronto Stock Exchange (TSX) |
Colleges which produce the most Investment Tech companies in Toronto
Companies founded by alumni from top colleges in the Investment Tech in Toronto
Most number of Investment Tech startups in Toronto have been founded by alumni from University of Toronto, University of Waterloo and Massachusetts Institute of Technology.
College | No. of companies |
|---|---|
University of Toronto | 29 |
University of Waterloo | 10 |
Massachusetts Institute of Technology | 3 |
Carnegie Mellon University | 2 |
University of Pennsylvania | 2 |
York University | 2 |
Booth School of Business | 1 |
Columbia University | 1 |
Cornell University | 1 |
IIM Calcutta | 1 |
Total funding in Investment Tech companies founded by alumni from top colleges in Toronto
In the last 10 years, University of Oxford graduates' Investment Tech companies in Toronto have raised the most funding among top colleges. University of Toronto alumni are second, and University of Waterloo alumni are third.
College | Total Funding |
|---|---|
University of Oxford | $901M |
University of Toronto | $265M |
University of Waterloo | $141M |
Carnegie Mellon University | $69.8M |
Cornell University | $68M |
IIT Bombay | $32.2M |
McGill University | $16.7M |
Massachusetts Institute of Technology | $10.5M |
University of Pennsylvania | $8.4M |
University of California (Berkeley) | $6.4M |
Top News in Investment Tech in Toronto
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Global fintech investment slumps to seven-year low of $95.6bnOpalesque•Aug 11, 2025•Ivm Intersurer BV
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