69 Best Software As A Service Saas Startups in Canada to Watch in 2025

The Definitive Seedtable Ranking of Software As A Service Saas Startups in Canada

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 334 start-ups with an aggregate funding of $7.1b. The average funding per company in this subset is $102.6m.

Last update to the database: Feb 18, 2025. See changelog.

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4

Funding Rounds

$60.7m

Money raised

Vidyard is a company providing a video marketing platform for businesses. It participated in the S11 cohort of Y Combinator.

Key people:

6

Funding Rounds

$83.3m

Money raised

BenchSci is a biotechnology company with a machine learning platform for researching biological compounds. It was founded in 2015 and is located in Toronto, Canada.

Location:

Key people:

4

Funding Rounds

$27.0m

Money raised

Grow is a SMB BI Saas company headquartered in Utah.

6

Funding Rounds

$190.7m

Money raised

Ada is a brand interaction platform that enables the automation of conversations with customers and employees via an AI-based chatbot.

2

Funding Rounds

$24.1m

Money raised

Bridgit is a company that creates contextual information for ideas on the web, and has stated aims to strengthen users’ ability to identify fake posts and false news.

Location:

Key people:

4

Funding Rounds

$167.0m

Money raised

League is a digital health benefits provider.

2

Funding Rounds

$765.0k

Money raised

Obie was an AI agent that could answer frequently asked questions by accessing tools like Confluence, Google Drive, Jira, Dropbox, etc.

8

Funding Rounds

$204.9m

Money raised

A company that has designed software with scheduling and communication tools for restaurants. It was founded in 2014 and is located in Saskatoon, Ontario.

Location:

Key people:

4

Funding Rounds

$217.0m

Money raised

Top Hat is a company founded by Mike Silagadze. Top Hat produces software aimed at increasing engagement in students. The software allows users to integrate videos and graphics and customize interactive textbooks.

4

Funding Rounds

$258.3m

Money raised

An artificial Intelligence company making a business intelligence platform.

3

Funding Rounds

$31.3m

Money raised

A software company with a platform for insights into aquaculture and how it affects the seafood industry. It was founded in 2012 and is located in Quebec, Canada.

2

Funding Rounds

$20.9m

Money raised

A software company that makes a cloud-based design review and issue tracking platform, specifically for manufacturing teams. The company was founded in 2017 and is located in St. John's, Newfoundland and Labrador, Canada.

Key people:

10

Funding Rounds

$138.6m

Money raised

Mojio is the leading open platform for connecting cars and providing an expanding marketplace of apps and services that provide accurate, near real-time information about what's happening under the hood.

3

Funding Rounds

$3.5m

Money raised

Kiite is a company making a knowledge management platform founded by Derek Hall, Joseph Fung and Donna Litt.

Key people:

9

Funding Rounds

$2.5b

Money raised

A software company offering a platform for international students to find and apply to top universities.

Key people:

5

Funding Rounds

$81.0m

Money raised

Bench is a company founded in 2012 by Jordan Menashy, Pavel Rodionov, Adam Saint and Ian Crosby.

2

Funding Rounds

$11.9m

Money raised

Strike Graph is a compliance SaaS solution simplifying cyber security certifications.

Location:

Key people:

4

Funding Rounds

$83.0m

Money raised

Klue is a Vancouver-based artificial intelligence company offering a competitive enablement platform that automates the collection of competitor and market intelligence.

Location:

Key people:

1

Funding Rounds

42 Technologies Inc. is a cloud-based business-to-business predictive analytics platform for retailers. It consolidates point of sale data to allow retailers to leverage data across various platforms and more easily identify key trends among customers and sales.

2

Funding Rounds

$13.7m

Money raised

Shabodi offers an application enablement platform (AEP) for enterprises, system integrators, and telecommunication providers, allowing them to build custom applications on advanced LTE and 5G networks.

Location:

Key people:

2

Funding Rounds

Quantum Benchmark is a company that is developing quantum software solutions for overcoming quantum computing errors.

8

Funding Rounds

$99.3m

Money raised

Hootsuite is a social network management platform created to interact, listen and analyze results.

Key people:

1

Funding Rounds

Pathful is a company founded in 2012.

6

Funding Rounds

$29.0m

Money raised

Foodee is a company founded in 2010 by Jon Cartwright, Dario Meli, David Tedman and Ryan Spong.

Location:

Key people:

4

Funding Rounds

$386.0m

Money raised

Industries:

4

Funding Rounds

$41.5m

Money raised

Flybits Inc. is a company that has the mission to bring meaning and wisdom to the data that surrounds every customer, inspiring them to live their lives.

Industries:

Key people:

1

Funding Rounds

$100.0k

Money raised

Terrene is an artifical intelligence company founded by Kash (Khashayar) Pourdeilami, Francois le Roux and Cameron Mills.

3

Funding Rounds

$39.3m

Money raised

Unbounce provides a landing page building platform for businesses.

6

Funding Rounds

$64.5m

Money raised

Tealbook empowers procurement teams with a platform that leverages advanced AI to deliver better visibility, increased accuracy and effortless analytics across the supplier base.

1

Funding Rounds

$20.0m

Money raised

Resolver's Integrated Risk Management platform helps plan and prepare your organization to limit the likeliness or impact of security risk and compliance events from occurring.

5

Funding Rounds

$31.0m

Money raised

Humi is a Toronto, Ontario-based company offering an HR, payroll, benefits, and insurance platform.

Location:

Key people:

4

Funding Rounds

$12.6m

Money raised

Granify is a company founded in 2011 by Jeff Lawrence.

3

Funding Rounds

$51.3m

Money raised

Issuu is a company founded in 2006 by Martin Ferro-Thomsen, Ruben Bjerg Hansen and Michael Hansen.

8

Funding Rounds

$115.8m

Money raised

Certn is a British Colombia-based company developing a data platform that helps businesses perform comprehensive background checks and ongoing risk monitoring on employees and contractors around the world.

Key people:

5

Funding Rounds

$50.5m

Money raised

A company offering a platform for delivering fast and dependable internet connections.

4

Funding Rounds

$89.4m

Money raised

Canalyst is an equity analysis platform specifically aimed at helping CIOs, PMs, and Directors of Research get more from their teams. More time, more coverage, and ultimately, more confidence in your investment decisions. Our database of 4000+ equity models spans the S&P 500, Russell 2000, TSX, and TSX-V, plus many more under-covered small- and mid-cap names. Buyside clients of all sizes get an edge on finding alpha, thanks to instant access to fully functioning fundamental models backed by complete, robust, and validated financial and operational data. Founded and headquartered in Vancouver, Canada, BC, were an energetic team with a love of stocks and technology. Whether you're looking to try out our platform or interested in joining our team, we'd love to hear from you. Request a demo: canalyst.com/demo-request/ All other inquiries: [email protected]

Location:

Key people:

4

Funding Rounds

$10.5m

Money raised

nanoPay is a company founded in 2012 by Laurence Cooke.

4

Funding Rounds

$36.4m

Money raised

PartnerStack (formerly GrowSumo) enables companies to leverage partnerships in order to grow revenue, increase distribution, and go to market quicker and more efficiently. The fastest growing software companies in the world like Asana, Drift, Freshworks, and Intuit use PartnerStack to power their reseller, marketing, and referral partner programs.

Key people:

8

Funding Rounds

$246.8m

Money raised

FreshBooks is a Toronto-based developer of cloud-based accounting software for businesses and individuals.

3

Funding Rounds

$56.0m

Money raised

Igloo Software is a collaboration and knowledge management software platform founded in 2008 by Dan Latendre.

1

Funding Rounds

$11.0m

Money raised

Alongside is a company founded in 2014.

3

Funding Rounds

$87.2k

Money raised

Chillwall AI is a Deep Learning company.

Key people:

1

Funding Rounds

$1.0m

Money raised

Mover was a software development company providing cloud file migration, including admin-led and self-service offerings. The company was acquired by Microsoft in October 2019.

2

Funding Rounds

$160.0k

Money raised

Fortuna.ai is an AI company specialized in delivering financial services for organizations.

Key people:

5

Funding Rounds

$184.7m

Money raised

Heyday is a company developing conversation AI.

3

Funding Rounds

$27.5m

Money raised

Cinchy is a Toronto, Ontario-based company providing a data collaboration platform allowing users to collaborate on data in real-time, without requiring separate application databases.

3

Funding Rounds

$16.5m

Money raised

Cerebri AI is an AI company that is developing an end-to-end AI and data science platform.

3

Funding Rounds

$10.2m

Money raised

Checkfront is a company founded in 2010 by Jason Morehouse.

3

Funding Rounds

$2.1m

Money raised

Upverter is a company providing cloud-based PCB design tools for engineers. It participated in the W11 cohort of Y Combinator.

4

Funding Rounds

$32.0m

Money raised

Uberflip is a company founded in 2008 by Yoav Schwartz.

Location:

Key people:

3

Funding Rounds

$12.2m

Money raised

Breathe Life is an end-to-end SaaS platform for insurance sales.

2

Funding Rounds

$1.1m

Money raised

Vantage Analytics is a data analytics company helping retail businesses achieve greater revenue growth.

Key people:

2

Funding Rounds

$3.5m

Money raised

A software company making human resource management software for small and medium sized businesses.

1

Funding Rounds

A company making quantum electronic design automation toolkits for designing and optimizing nano and quantum electronics.

Location:

Key people:

6

Funding Rounds

$35.2m

Money raised

Axonify is a Microlearning platform built for business.

Key people:

2

Funding Rounds

$120.0k

Money raised

SharpestMinds is an e-learning platform that connects businesses and companies to top emerging STEM students.

Location:

Key people:

3

Funding Rounds

$920.0m

Money raised

Comprehensive password manager for macos, windows, ios and android

1

Funding Rounds

$22.0m

Money raised

Thinkific allows users to create online courses and membership sites.

Location:

Key people:

2

Funding Rounds

$9.3m

Money raised

We provide non-dilutive growth capital to B2B SaaS and software enabled businesses.

1

Funding Rounds

$1.4m

Money raised

An insurance technology company offering a platform for portfolio risk management and pricing for the reinsurance industry.

5

Funding Rounds

$213.5m

Money raised

Developer of a cloud-based analytics platform designed to assist people and businesses in decision making.

4

Funding Rounds

$200.0k

Money raised

Adventure Bucket List is a company founded in 2014 by Blake Pridham.

Key people:

2

Funding Rounds

$11.0m

Money raised

CrowdRiff is a company founded in 2011 by Dan Holowack.

Location:

Key people:

2

Funding Rounds

$35.9m

Money raised

Elastic Path Software is a Canada-based company founded in 2000.

3

Funding Rounds

$1.9m

Money raised

Routific is a company founded in 2012.

1

Funding Rounds

$500.0k

Money raised

A company offering a software platform for small and medium sized business marketers.

3

Funding Rounds

$5.6m

Money raised

A company making digital asset management and marketing operations software.

Key people:

4

Funding Rounds

$1.8m

Money raised

Securicy is a company founded in 2016.

5

Funding Rounds

$48.0m

Money raised

SkyHive is an Artificial Intelligence company.

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