Toronto AI Companies: Top 10 AI Startups!

Are you interested, in discovering the AI and tech companies in Canada? This detailed guide showcases businesses leading the way in intelligence. Each company is carefully selected for its impact, on the tech industry.

These companies are assisting businesses in rethinking their approaches and improving their effectiveness. If you’re looking for cutting edge AI solutions or tailored software development these major Canadian tech firms must be on your list to explore this landscape.

Toronto AI Companies in Canada 2024


Blumind is a Canadian deep-tech startup run by visionaries to transform the digital landscape. They deliver an all-analog AI neural network architecture without compromising on quality. Blumind is serving everyone everywhere using standard, cost-effective CMOS process technology.

Company Products

● Wearables and personal devices
● Security and safety
● Connected Home
● Mil-Aero
● Smart Mobility
● Industrial, architectural, and medical


AMPL Intellectual Property: Blumind’s proprietary AMPL intellectual property and Blumind Chiplets support innovation in various applications and transform industries.
● Solutions: Blumind’s technology focuses on ease of use and rapid integration and deployment.
● Software: Blumind’s neural system processor inference products include PyTorch and TensorFlow.


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  • Telecom
  • Retail
  • Insurance
  • Healthcare
  • Education
  • Consumer Packaged Goods
  • Utilities
  • Financial Services
  • Travel and Hospitality provides the easiest way to evaluate third-party data before buying. It empowers organizations to accelerate more successful AI data projects throughout the whole process, from experimentation to deployment.  


  • Platform: offers a platform, for data collaboration allowing data science experts to utilize models without transferring data.
  • Security, Privacy, and Trust: They provide federated learning and analytics products. 


  • Healthcare Operations
  • Modern clinical trials
  • Retail Health Operations
  • AI Drug Discovery
  • Insurance risk management 

Private AI

Private AI is a trusted company from startups to Fortune 500. It provides several digital solutions within your four walls.  


  • PrivateGPT Headless
  • PrivateGPT Chatbots 
  • Text De-Identification
  • File De-Identification 


  • Healthcare
  • Machine Learning
  • Data Discovery 
  • ASR Transcripts
  • Named entity recognition is a customer cloud tool that helps commercial teams spend less time analyzing data, increasing time for the right customers. ODAIA secured 25 million USD in Series B financing.


  • MAPTUAL Field: For sales teams to focus on the best opportunities and have meaningful engagements with all customers. 
  • MAPTUAL Sphere: For commercial leaders to ensure commercial alignment and readiness to deliver impactful engagement and personalized campaigns 


  • Pharma accelerates the future of AI with its remarkable features. AI inference accelerator ICs offer superior energy efficiency, great accuracy, and fastness throughout the process. It can efficiently address challenges in a cost manner.


  • Hardware: OEMs and on-premise data centers can use AI inference ICs and AI accelerator cards to ensure the deployment of artificial intelligence just about anywhere. 
  • Software: Easily import models from popular frameworks, like Tensorflow, Pytorch and ONNX using the user friendly imAIgine® Software Development Kit.
  • Technology: Untether AI addresses the key compute and efficiency bottlenecks for AI workloads to manage data and memory access. 


  • Automotive
  • Financial
  • Government
  • Visual AI 


BluWaveAI is an advanced technology company specializing in Artificial Intelligence (AI) that is transforming the energy sector through its grid energy optimization platform, which enhances the efficiency of renewable energy sources.

The AI powered software developed by BluWave AI provides support to electricity providers, businesses, electric vehicle fleets and large institutions.


  • EV Everywhere
  • EV Fleet Orchestrator 
  • Smart Grid Optimizer  


  • Energy
  • Weather forecasts and simulations 
  • Electrical 


Replicant is an automation AI company that provides one engine for all channels.  


  • Automation: Provides resources for authentication, first notice of loss, dispatch service requests, call routing, billing and payments, and appointments and scheduling.  


  • Healthcare
  • Insurance
  • Transportation
  • E-commerce
  • Consumer Services
  • Hospitality and travel 


Cerebras consists of computer designers, system engineers, software developers and machine learning researchers. Their goal is to create a category of computer systems that boost AI capabilities and shape the landscape of AI technology.


  • Cloud: millions of AI cores
  • Performance at the push of a button.
  • Cluster: Condor Galaxy 1 AI Supercomputer and Andromeda AI Supercomputer 
  • System: CS 2 Virtual Product Tour 
  • Processor: The Wafer-Scale Engine (WSE) to learn deeply about computer systems.
  • Software: With the Cerebras Software Platform, CSoft, you can push more for the frontiers of deep learning.  


  • Health & Pharma
  • Energy
  • Government
  • Scientific Computing
  • Financial Services
  • Web and social media

Corl is a revenue-based financing company for tech companies. They have non-dilutive capital to help entrepreneurs grow their businesses without giving up board seats, equity, or personal guarantees. 


  • Revenue: They finance tech companies to grow big. 


  • Healthcare
  • SaaS
  • E-commerce
  • Social Media
  • Technology
  • Education

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