Cohere
LLM Platform — TorontoEnterprise AI platform building frontier LLMs for business. Secure, private AI.
$1.54B total raised. 842 employees
Aidan Gomez (CEO, co-author of Transformer paper)Ivan ZhangNick Frosst (ex-Hinton lab)
Waabi
Autonomous Driving — TorontoPhysical AI for autonomous driving. Self-driving trucks + robotaxis with Uber. Largest Canadian tech fundraise.
$1B+ total (Khosla, NVIDIA, Volvo). 250 employees
Tenstorrent
AI Hardware — TorontoAI chip startup building next-gen processors. Led by legendary chip architect Jim Keller.
VC-backed. 40+ open roles
Ljubisa Bajic (Co-Founder)Jim Keller (CEO, ex-Apple/AMD/Tesla/Intel)
Sanctuary AI
Robotics — VancouverGeneral-purpose humanoid robots with human-like AI intelligence.
$147M total. 163 employees
Geordie Rose (Co-Founder, also founded D-Wave)Suzanne Gildert
Ada
Enterprise AI — TorontoAI-powered customer service platform. 5B+ interactions for Square, YETI, monday.com. Unicorn.
$200M total. Unicorn. 650 employees
Mike Murchison (CEO)David Hariri
Coveo
AI Search — Quebec CityAI-powered search, personalization, and recommendations for enterprises. Public (TSX: CVO).
$358M total. Public. 823 employees
Laurent Simoneau (Co-Founder/CTO)Richard Tessier
Shopify (AI/ML)
E-commerce + AI — Ottawa/TorontoE-commerce giant with major AI/ML investment — GenAI agents, ML infra, applied ML across products.
Public (NYSE: SHOP). $100B+ market cap
Tobias Lutke (CEO)
Lightspeed Commerce
Commerce + AI — MontrealCloud POS and e-commerce platform with AI features for retail and hospitality.
Public (NYSE/TSX: LSPD). ~160 open roles
Dax Dasilva (Founder)
Hopper
Travel AI — MontrealAI-powered travel platform predicting airfare/hotel prices using big data and ML. Unicorn.
$700M+ total. Unicorn
Frederic Lalonde (CEO)Joost Ouwerkerk
MindBridge
Financial AI — OttawaAI-powered financial risk intelligence. Detects anomalies and prevents fraud. Deloitte Fast 50.
VC-backed
Eli Fathi (CEO)Solon Angel
Dialogue
Health AI — MontrealCanada's leading virtual healthcare and wellness platform. AI-enhanced telemedicine.
Public (TSX: CARE)
Cherif Habib (CEO)Alexis Smirnov (CTO)
Klue
Competitive Intel AI — VancouverAI-powered competitive intelligence platform. Automates competitor and market data collection.
VC-backed
Jason Smith (CEO)Saroop Sievert
Borealis AI (RBC)
Finance AI Research — Toronto/MontrealRoyal Bank of Canada's AI research lab. New AI private cloud with Red Hat and NVIDIA.
RBC subsidiary
Google DeepMind Canada
AI Research — Toronto/MontrealGoogle's AI research labs with significant Toronto and Montreal presence.
Google subsidiary
Microsoft Research Montreal
AI Research — MontrealNLP and 'common sense' AI research. Born from acquisition of Maluuba (2017).
Microsoft subsidiary
Untether AI
AI Hardware — TorontoAt-memory computing for AI inference. Neural net processors for power-constrained edge devices.
VC-backed
D-Wave
Quantum Computing — VancouverQuantum computing pioneer. Quantum-AI applications. Public (NYSE: QBTS).
Public (NYSE: QBTS)
Geordie Rose (also co-founded Sanctuary AI)
Mila Institute
AI Research Institute — MontrealWorld's largest academic AI research center. Founded by Yoshua Bengio. Raising $100M VC fund.
$100M fund with Inovia Capital
Yoshua Bengio (Founder, Turing Award laureate)
Meta AI (FAIR Montreal)
AI Research — MontrealFundamental AI research lab. One of the largest corporate AI labs in Montreal.
Meta subsidiary
Samsung AI Centre
AI Research — Toronto/MontrealAI research focused on computer vision and NLP.
Samsung subsidiary