Top Tech Startups In Canada In 2022 To Watch

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Canada has always been a great place to live in and for the right reasons – better quality of life, beautiful cities, great education system, and Hockey to name a few!

And as a top leading economy in the world, some of the best startups come from the Great White North. Some of the best tech innovations are born in Canada.

Shopify for instance was merely an Ontario-based startup in 2008 and look at it right now.

Many small businesses are already using Shopify to reach out to their target market.

Launching your own startup is a tough job.

One of the biggest issues that startup owners face is digital security.

Although, online security can be solve using the best VPN solution, many business owners are still not aware of the benefits of using such technology.

If you are an inspiring entrepreneur in Canada, you may want to protect your great ideas by using the best VPN in Canada. You can check out to find the right VPN solution that will suit your needs.

Many Canadian startups are bound for greatness. And 2021 won’t be anything different.

Here are Canadian startups that could be the next billion-dollar company that are waiting to blow up in the market in 2021. – Spend Less. Live More.

Contrary to its name, Article is not a content library where you can submit articles in. It is actually a company that delivers modern-designed furniture including sofas, bed, dining sets, and shelves.

Article currently only ships to the United States and Canada.

The company was founded by four innovative individuals named Aamir Baig, Fraser Hall, Andy Prochazka, and Sam Prochaka.

Article was established on May 17, 2012, in Vancouver, Canada and its goal was to sell top quality furniture with intricate details at very reasonable prices.

Watch out for

Buddybuild – Build Better Apps

Buddybuild is a platform that can help you create awesome iOS apps. Buddybuild offers continuous integration, continuous delivery, and an interactive feedback solution into one comprehensive platform – making it every iOS mobile developer’s perfect haven.

Although Buddybuild was only established in 2015, it has already caught the attention of top tech companies like Apple. Just earlier this year Apple Inc. has bought the app development service and has included the Vancouver-based company into its Xcode group.

The Buddybuild founders include Dennis Pilarinos, Christopher Stott, and Johnny Shi. The company will stay put in Vancouver to serve as Apple’s presence in the country.

Watch out for

CareGuide – A Family of Care Providers

Finding the right person to take care of a family member can be extremely overwhelming these days. You need someone that possesses the right skills and at the same time is trustworthy. And that’s what CareGuide can offer you.

CareGuide is based in Toronto, Canada and helps people find the right caregiver for their needs. Whether it is a nanny, an elderly care provider, a baby sitter, a pet sitter or a housekeeper, CareGuide can help you find the perfect care service specialist that matches your needs.

The company was founded in 2012 by John Philip Green. The care service company has also acquired CanadianNanny to continue to provide the best platform for matching care providers with families all over Canada.

Watch out for

Deep Genomics – Creating a New Universe of Genetic Medicines

Established in 2014 by Brendan Frey, Andrew Delong, Hui Yuan Xiong, and Hannes Bretschneider, Deep Genomics is a Toronto-based company that specializes in developing genetic medicines. The company uses artificial intelligence to discover the best possible treatments that are effective and safe.

With the AI-powered discovery platform, Deep Genomics believe that using such technology is the key to creating the future of medicine. According to the company, it will be hiring more employees this 2020 to improve an already world-class approach to medicine development.

Watch out for

Element AI – The Leading AI Solutions Provider

Element AI is at the frontier for anything related to artificial intelligence.

The Montreal-based company focuses on providing the right AI technology to businesses and organization to create better, scalable and stronger results.

The company was established in 2016 by Yoshua Bengio and Jean-Francois Gagné with the mission of bringing together the best technology in creating an AI-First World to elevate collective wisdom.

Things are going as planned for Element AI. Just last year it raised $102 Million to develop AI-based services. And earlier in 2018, it opened its first international outpost in London.

Watch out for - The future of conversational banking

Canadian startup aims at revolutionizing how we do our banking habits. is basically like a digital assistant (e.g. Siri) which can serve as your personal banker wherever, and wherever you go. was co-founded by Jake Tyler, Natalie Cartwright, and Guru Atlu in 2014 in Vancouver. The Ai-based banking platform has also partnered with ATB Financial and BMO, raised funds amounting to $3 Million, and has hired ex-Twitter executive Stephen Morse to help with the startup’s global strategic plans.

The fast-growing AI startup is projected to expand in 2020 to provide a full-feature AI-powered banking platform.

Watch out for

Kindred - Fast, Smart, Flexible.

Another AI-powered Canadian startup that’s making waves in the market today is Kindred. The company is already being used by major retail brands such as Gap Inc. with its warehouse robotics needs.

Kindred was made possible thanks to four key people namely Geordie Rose, Suzanne Gildert, George Babu, and Jim Liefer. The AI-based company was established in 2014 in Toronto.

In 2017, Kindred has raised a total funding amounting to $35 million. This paved the way for the company to improve its first product called Kindred Sort, which is being used in the retail distribution industry.

Watch out for

Lightspeed – An all-in-one point of sale solution

This Montreal-based Canadian startup is the leading provider of cloud-based Point-of-Sale software. The company was founded in 2005 by Dax Dasilva.

Lightspeed could ultimately help show owners create their online presence by helping them with sales processing and retail analytics. The company has said that it is already serving 50,000 businesses located across the globe.

The company is backed by major investors including ACCEL, iNovia Capital, Caisse de dépôt et placement du Québec, and Investissement Québec. In 2017, Lightspeed has raised over $207 million.

Watch out for

Ritual – Making friends with food

Food definitely brings people together. And that is what Ritual was made for. Launched in 2014 in Toronto, Canada, Ritual’s app has great potentials to become the next big foodie app.

The company is passionate about integrating mobile technology to bring the most convenient food ordering experience. No more falling in line at your favorite restaurant to order some food. Simply use the Ritual ordering app and order your food effortlessly.

The social ordering app has already reached the US in late of 2017. The key people behind the success of Ritual are Ray Reddy and Robert Kim.

Watch out for

Rumie – Making free digital education accessible for all

The Rumie Initiative is a non-profit organization that is currently based in Toronto, Canada. The company offers free digital education accesses to underserved communities across the globe.

Tariq Fancy is the man behind the massive success of Rumie.

Although the organization was only founded in 2013, Rumie has already made a great impression the world. In 2014, it was awarded the Best Social Startup, and in 2016 was the recipient of the Library of Congress Literacy Award.

Rumie also won the Google Impact Challenge in 2017, cementing its reputation as one of the best non-profit organizations in existence. The Canadian startup has made it clear that is will only get bigger in the coming years to bring less fortunate communities the education they deserve.

Watch out for

StackAdapt – The #1 performing native advertising platform

When it comes to native advertising, StackAdapt is the best at it. The Toronto-based startup offers a solution to help brands accelerate their customer engagement and acquisition programs.

The Canadian startup was established in 2013 by Ildar Shar, Vitaly Percherskiy, and Yang Han and has rapidly grown to become the most innovative advertising platform that it is today. The company continues to expand and will only get bigger in the coming years.

StackAdapt provides its services to big names / clients like Google, Kodak, and Banque Libano.

Watch out for

Sensibill – Designed for customers, built for banks

Sensibill is a receipt management service that lets people manage their receipts through their digital banking app. Founded in 2013 by Corey Gross and Jamie Alexander in Toronto, Canada, Sensibill aims at making receipt management, well, sensible.

Sensibill is designed to help consumers effortlessly save any receipt, or retrieve them as needed. This award-winning receipt management solution has already partnered with prestigious banking institutions such as Quontic Bank and the Royal Bank of Scotland.

As of this writing, the Toronto-based startup has now raised funding worth $20 million. The Canadian company also plans to go global in the next couple of years and is already making waves in the US, UK, and Australia.

Watch out for

Thinkific – The most trusted online course platform for your business

Thinkific is a Vancouver-based startup that was established in 2012 by brothers Greg and Matt Smith. With online education a booming industry these days, Thinkific has essentially captured the best solution for companies and entrepreneurs to effectively help other individuals / aspiring entrepreneurs to be successful in their respective careers.

Thinkific is rapidly growing and is expected to become bigger and more relevant in the coming years. With Thinkific, you can basically create your own courses, then market and sell them online through your very own website. Thinkific is the perfect solution for anything related to online education.

Watch out for

TopHat – Higher ed apps for classroom response, OER & assessment

Another Canadian startup that is dominating the online education tech industry is TopHat. The company was founded in 2009 by Mike Silagadze and Mohsen Shahini in a small apartment near the University of Waterloo.

By 2010, the founders have secured a $200,000 funding from two Toronto-based investors in order to revolutionize the higher education system. TopHat has one clear mission – to improve education. And that is just what is has been doing over the past couple of years.

In 2017, TopHat was awarded the ‘Startup of the Year’ at the Canadian Startup Awards. This paved the way for the company to increase its funding by $30 million.

Watch out for

Tulip – A mobile platform for enterprise store associates

Ali Asaria founded Tulip in 2013 with the goal of providing a better business software solution for store salespeople. The almost-five-year-old company that is based in Toronto helps retailers understand the ever-changing needs of consumers.

With Tulip, store associates can optimize their sales and profit-making campaigns with the use of a powerful mobile app to help meet the needs of their respective customers.

In order to accelerate retail transformation with its mobile application, Tulip has raised more than $50 million in funding in the last couple of years. World top brands like Michael Kors, Indigo, and Hugo Boss have already signed deals with the company to ‘digitalize’ their retail practices.

Watch out for


Most of the Canadian tech startups mentioned above are posed to make it big worldwide within the next couple of years.

Like Shopify, any of these startups can make Canada great once more.

Don’t sleep on these 15 Canadian startups.

The world is only waiting for these startups to become the next big thing.

Among the startups listed above, which do you think is most likely to become a global trend?

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