Meet 15 Canadian startups set to disrupt industries in 2025, perfect for investors, innovators, and trend-watchers such as Profitual, Boardy, and more.
Canada’s startup ecosystem continues to thrive, with innovative companies emerging across sectors like biotech, fintech, AI, and clean tech. In 2025, a new wave of ventures is making headlines for the significant funding they've secured to scale their impact. From Halifax to Vancouver, these startups are redefining industries and attracting attention from global investors.
In this post, we spotlight 15 Canadian startups that have recently raised capital and are poised for breakout success. Whether you're an investor, entrepreneur, or tech enthusiast, these companies are worth keeping on your radar.
Profitual, founded in 2022 by Raymond Fitzpatrick in Fredericton, is a fintech startup that provides artificial intelligence-driven financial modeling for early-stage companies. Its tool allows founders to import spreadsheets and receive instant analysis of their financials, enabling them to project, control cash flow, and produce investor-grade reports. By eliminating the need for complex financial analysis, Profitual allows startups to work with CFO-level information without having to hire a CFO.
Since its inception, Profitual has expanded gradually, particularly following the completion of the NextAI accelerator in 2024. In May 2025, the firm received $1 million in funding headed by the New Brunswick Innovation Foundation, taking its overall funding to $2 million. With over 100 paying clients and a 33% revenue growth over the last year, Profitual is scaling its platform to accommodate more established startups. It is also adding new AI-powered onboarding and reporting capabilities to boost user experience and scalability.
Learn more about Profitual: https://www.profitual.ai/
Boardy, founded in 2024 and headquartered in San Francisco, California, is an AI-powered professional networking startup that uses voice technology to facilitate meaningful connections. The platform enables real-time matchmaking based on user profiles, helping founders, executives, and professionals connect with like-minded peers, potential investors, and collaborators. Boardy’s voice assistant engages users in natural conversation to understand their goals and introduce them to relevant contacts, making networking more intuitive and efficient.
The company has raised $8 million in seed funding as of December 2024, led by investors such as Creandum, 8VC, Afore Capital, Blue Moon, and several angel investors. This round followed a $3 million pre-seed round earlier in 2024, demonstrating strong investor confidence in Boardy’s innovative approach to social AI. The funding supports product development, scaling operations, and expanding its user base across industries.
Learn more about Boardy: https://www.boardy.ai
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ProteinQure, founded in 2017 by Toronto-based Lucas Siow, is a biotech company with experience in AI-designed peptide therapeutics. It employs a platform that combines molecular simulations and machine learning to select new proteins to attack cancer and rare diseases. ProteinQure's lead product, PQ203, targets triple-negative breast cancer and is positioned to begin clinical trials in Q3 2025. ProteinQure stands out because it is specifically interested in peptide-based therapies, a niche within the broader AI drug discovery industry.
From its start, ProteinQure raised $16 million, including the $11 million Series A in 2025 from Heron Rock Fund. ProteinQure has gained a history of capital discipline and scientific ingenuity. New collaborations with leading cancer centers such as Princess Margaret and MD Anderson have positioned it for clinical triumph. With PQ203 moving into trials, ProteinQure is poised for a huge leap in its therapeutic pipeline.
Learn more about ProteinQure: https://www.proteinqure.com/
AssistIQ, founded at some point in 2022 in Montréal, is revolutionizing hospital supply management through its AI platform. It enables healthcare experts to track surgical implants and supplies in real time, improving cost savings and visibility into operations. The platform is designed to lighten the load on health systems by simplifying inventory and use tracking, thus becoming a valuable tool for surgical centers and hospitals.
The company has so far raised $14 million, including a Series A round worth $11.5 million in April 2025 from Battery Ventures. AssistIQ is scaling up in the U.S. market with implementations at Northwell Health and Owensboro Health. It is expanding its platform through collaborations with institutions like the CHUM Research Centre, and its recent growth reflects increased demand for more intelligent healthcare logistics solutions.
Learn more about AssistIQ: https://www.assistiq.ai/
WareMatch, founded in approximately 2023, is a 3PL industrial leasing marketplace that centralizes warehouse space and brings logistics providers together. WareMatch digitalizes and simplifies industrial leasing and coordination of logistics to help businesses optimize their supply chain effectiveness. Its SaaS solution targets making logistics seamless for firms seeking scalable and adaptable warehouse facilities.
WareMatch in 2025 raised $2 million to drive platform development and international expansion. The company is now building out its abilities to support global logistics markets, and the recent round of funding is an important step toward building out operations beyond Canada. As demand for digital logistics solutions accelerates, WareMatch stands well-positioned as a front runner in the evolving supply chain.
Learn more about WareMatch: https://www.warematch.com/
3D BioFibR, founded by John Frampton in 2022 in Halifax, Nova Scotia, is a biotechnology company that specializes in collagen biomaterials for tissue engineering. The company produces collagen fibers based on a patented dry-spinning method that replicates the biomechanical and biochemical characteristics of native tissues. The fibers find application in many areas including 3D bioprinting, hydrogels, and cellular scaffolds for 2D and 3D cell culture. Their flagship product, CollaFibR®, is manufactured on a completely automated process guaranteeing reproducibility and scalability, and thus making 3D BioFibR one of the first companies to produce collagen fibers on commercial scale for biomedical use.
3D BioFibR has secured over $5.2 million in funding from investors such as Concrete Ventures, Build Ventures, and Invest Nova Scotia since establishment. The company has raised a number of seed rounds, including $2.17 million in June 2025, to support ISO 13485 certification, clean room expansion, and manufacturing scale-up to meet enhanced worldwide demand. In 2024, it was recognized as the most innovative company at the Discovery Awards, and it continues to collaborate with partners like PlantForm to advance recombinant human collagen technologies. With only 12 employees, 3D BioFibR has already proven to expand remarkably and is becoming a next-generation leader in producing biopolymer fibers.
Learn more about 3D BioFibR: https://3dbiofibr.com/
CrashBay, founded in 2019 by John Harvey in Milton, Ontario, is a digital marketplace for collision repair connecting car owners, insurers, and fleet managers with certified repair shops all across North America. The marketplace offers concierge services, SaaS solutions to carriers, and educational tools to automotive professionals with a vision of simplifying the repair process and increasing industry transparency.
CrashBay has raised over $2 million to date, including a $1.25 million in 2025. The company is expanding its network and has just brought on a CFO and advisory board member to manage its financial growth and direction. These key leadership recruits reflect CrashBay's efforts to expand its business and broaden its service offering in the competitive automotive repair industry.
Learn more about 3D BioFibR: https://3dbiofibr.com/
RegenEAU, founded in 2018 and based in Lévis, Quebec, is a cleantech company that specializes in wastewater heat recovery systems. Its patented technology recovers residual heat from greywater and blackwater and converts it into a renewable energy source for domestic hot water generation. RegenEAU's systems are designed to serve condominiums, multi-unit dwellings, and commercial buildings with a sustainable solution to reduce energy consumption and carbon emissions as well as improve building performance.
RegenEAU has participated in many accelerator programs and secured capital through seed rounds, for example, a $3 million oversubscribed round in June 2025 with backing from Cycle Capital, Fondaction, and Groupe Marcel Charest et Fils. The firm has grown to an employee base of 10 and is additionally expanding its market presence across Canada. Recent press coverage highlights its smart building technology and sustainability focus.
Learn more about RegenEAU: https://regeneau.com/en/
LawZero, founded in 2025 in Montréal, is a non-profit AI safety lab that focuses on designing safe-by-design artificial intelligence. Founded in Mila, the Quebec AI Institute, LawZero was created by world-renowned AI researcher Yoshua Bengio in order to respond to the growing risks of autonomous AI systems. The organization aims to create technical solutions that prioritize human safety, truthfulness, and ethical design over others in leading-edge AI technologies.
LawZero has secured $30 million in funding from supporters like Eric Schmidt and Jaan Tallinn, and was backed by the Silicon Valley Community Foundation. With Co-President Sam Ramadori at the helm, the organization is quickly building its research activity and has hired high-profile figures like Philippe Beaudoin to lead its scientific agenda. LawZero is increasingly renowned for its aim of creating AI as a global common good and mitigating dangers of catastrophic proportions made by cutting-edge AI systems.
Learn more about LawZero: https://lawzero.org/en
Taiv, founded in 2018 by Avi Stoller, Noah Palansky, and Jordan Davis in Winnipeg, is an adtech company that disrupts live TV advertising in hospitality venues. Its platform replaces generic commercials with targeted ads using a combination of hardware and AI-based software, allowing bars and restaurants to display more relevant content to their patrons. Taiv's solution drives customer engagement and allows businesses to build sales through more customized media experiences.
The firm has raised more than $11.2 million, including a $10.5 million Series A round in June 2025 from IDC Ventures. Taiv has 50 employees and is now live in more than 2,000 venues in North America and is further expanding its reach. Its recent takeover of Local Reach and launch in key U.S. markets represent an important milestone in its expansion. Taiv is turning out to be a pioneering figure in the nexus of advertising, entertainment, and AI.
Learn more about Taiv: https://www.taiv.tv/
Established by Nebez Briefkani and Thierry Ajaltouni in 2022 in Montréal, Vessel is a fintech company that provides an AI-powered platform for investor and fund management. The platform has been designed to help general partners automate reporting, manage co-investment opportunities, and streamline compliance processes. Vessel enables fund managers to screen limited partners, organize investor calls, and monitor fund performance more effectively, with greater ease of cultivating good investor relationships and expanding business1.
Vessel has raised over $7 million in funding since, including in June 2025 a seed round from Afore Capital and Inovia Capital. Vessel has grown to a team of around 13 employees and is adding automation features aggressively while modestly expanding its sales and marketing team. Vessel is increasingly being adopted by venture capital firms and is still a new-age solution for fund operations in the age of AI1.
Learn more about Vessel: https://vessel.co/
MesoMat, founded in 2018 by Kari Dalnoki-Veress, Paul Fowler, and Sukhbir Kalirai in Hamilton, Ontario, manufactures innovative materials to monitor conditions in real-time. The company's underlying technology is a plastic-based sensing fiber that can operate as a light weight strain sensor with the capability of sensing fatigue, fracture, and failure of critical material systems. The sensing fibers are implanted into high-strain applications and paired with proprietary electronics and software to deliver continuous data for performance optimization and predictive maintenance.
MesoMat secured seed funding in June 2025, with Ridgeline leading the round. Funders who have supported the firm include Creative Destruction Lab, Archangel Network of Funds, and Golden Triangle Angel Network. Funded by a small but highly focused team, MesoMat is expanding its commercial tire-monitoring platform and establishing its presence in the mobility and climate tech sectors.
Learn more about MesoMat: https://mesomat.com/
Finofo, founded in 2023 by Prateek Sodhi and Charles Maranda in Calgary, is an operations financial platform that simplifies global payments and treasury management for mid-market businesses. The platform automates cross-border payables and receivables, multi-currency book consolidation, and provides real-time cash flow forecasting. Finofo is designed to automate tedious FX workflows and reduce the time finance teams spend handling cross-border transactions.
In June 2025, Finofo secured $3.3 million in seed funding with Watertower Ventures as the lead investor, along with Motivate Venture Capital and SaaS Ventures joining in. The company's revenue for the last year tripled and introduced a plan for small businesses at $29 per month, with limitless local payments in 90 countries. Finofo is scaling its infrastructure to facilitate multi-entity operations and emerging as a go-to solution for powering energy, logistics, and manufacturing companies.
Learn more about Finofo: https://www.finofo.com/
Eli Health, founded by Marina Pavlovic Rivas and Thomas Cortina in Montréal in 2019, is a health technology company with expertise in real-time hormone monitoring. Its flagship product, the Hormometer, uses saliva tests to measure cortisol and progesterone levels. The device is accompanied by a smartphone application that provides customized feedback and AI-based suggestions, helping people manage stress, sleep, and overall wellness without the hassle of going to the doctor.
Eli Health has raised $20 million to date, including a 2025 Series A raise of $12 million from BDC Capital's Thrive Venture Fund. Eli Health achieved FDA registration and has developed 12 patent-pending technologies in biochemistry, hardware, and AI. Eli Health has been recognized with CES 2025 awards for digital health innovation and is progressing towards a public launch of its progesterone tracking feature later this year.
Learn more about Eli Health: https://eli.health/en-ca
Blossom Social, founded in 2021 by Maxwell Nicholson, Annika Ng, Kartik Bhutani, and Brandon Beavis in Vancouver, is a social investment platform where users can collaborate and share vetted investment ideas, trades, and portfolios. The app has portfolio analysis functionality, dividend tracking, and gamified investing education. Blossom wants to build a community around money smarts and help users make smart investment decisions.
Blossom raised $2.1 million in seed capital in 2024 with a combination of venture capital and equity crowdfunding from LOI Venture and Goodwater Capital. The company currently has more than 125,000 users and is expanding into the United States. Blossom is on track to reach $1 million this year and has added experienced talent to grow brand partnerships and subscription options
Learn more about Blossom Social:https://www.blossomsocial.com/
As we look across the Canadian startup landscape in 2025, it's clear that innovation is not just surviving, it’s thriving. These 15 standout companies represent bold ideas, diverse talent, and global ambition that define Canada’s entrepreneurial spirit. With fresh funding and visionary leadership, they are solving real-world problems and shaping the future of their industries.
Which of these startups do you believe will lead the next wave of innovation?
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