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SaaS startups have become the darling of Venture Capital investors, especially in Canada. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 35 VC funded SaaS startups in Canada .
A chatbot-based platform from Ada, a computer software provider, enables large enterprises to automate customer experience. Its platform utilizes a machine learning engine that works on the web and mobile devices, reducing the amount of help requests and enabling users to find solutions on their own. The business was established in 2016 and has its main office in Toronto, Canada.
AdeptMind is a SaaS AI/ML startup that pioneers in eCommerce Product Discovery and Shopping Center Marketplaces. Its co-founders recently completed the sale of their prior business, Maluuba, which was highly successful. This time, in Toronto, Ontario, Canada, they want to build a rad Silicon Valley-style team.
AlayaCare is a start-up that offers a complete hardware ecosystem and software platform for home health care. The platform enables home care organizations to provide hybrid telehealth/visiting health solutions, empowering patients to live healthier lives while lowering healthcare costs. The founders are a successful group of businessmen who have started, grown, and sold two mobile software companies. AlayaCare seeks to address a market plagued by antiquated software and ineffective business procedures. Better patient outcomes, better physician tools, and better payer economics are all the results of doing this. It fosters an environment where everyone in the team is encouraged to disagree while yet always keeping the bigger vision in mind. Through its partnership with The Madiro Fund, the business also offers its service without charge to NGOs operating in poor nations that want to use mobile technology to better the lives of those who are less fortunate. In Montréal, Quebec, Adrian Schauer and Neil Grunberg established the business in 2014.
Carbide, previously Securicy, gives rapidly expanding businesses access to enterprise-class security and privacy. Our information security/privacy management platform, in contrast to "checkbox-style" compliance solutions, enables clients to establish, promote, and demonstrate their dedication to security regardless of the security framework or privacy policy they desire to comply with.
Clir is a program for reporting and optimizing renewable energy sources that combines AI with a cloud-based platform to improve the efficiency and profitability of renewable energy facilities.
The sole financial closing and consolidation software for mid-sized businesses is offered by Fluence. By providing game-changing efficiency gains and reliable, timely statistics, we provide customers the time, confidence, and performance they need. Fluence offers speedy implementation, acceptance, and time to value thanks to its out-of-the-box delivery, no-coding administration, and real Excel interface. Our clients can rely on us to satisfy their demands today and in the future thanks to a cloud calculating engine that has been decades in the making and was created by a team with centuries of combined expertise. Greetings from Fluence. We adjourn early.
HiMama offers SaaS to child care and early childhood education programs so they can manage their classrooms, run their child care programs, and assist the learning and development of young children. It gives daycare centers a quick and simple method to document and share children's activities, from amusing and enjoyable incidents to learning and developmental milestones, and it helps administrators with staff management and tuition collection from parents. The program is the result of in-depth investigation and conversations with early childhood educators.
Introhive is a SaaS platform that aids businesses in boosting sales and managing the customer experience. With the help of data automation and sales acceleration, their technology integrates relationship intelligence into CRM. In order to get relationship insights and increase efficiency, the firm also offers an enterprise relationship management (ERM) solution. Its headquarters are in Fredericton, New Brunswick, and it was established in 2012 by Jody Glidden and Stewart Walchli.
The largest worldwide network of micromobility providers is powered by Joyride. For operators of dockless bikeshare systems and electric scooter fleets, they provide turnkey software solutions. Their technology has a web-based dashboard for fleet operators as well as a white-label mobile application for end customers. Their management software enables any size business to deploy their fleet within 24 hours and smoothly grow their operations from five to 500,000+ cars. They presently power customers in more than 100 markets across the world.
With the help of Klue, an AI platform for competitive intelligence, B2B sales teams may do competitor research and receive sales battle cards. enables teams that support sales to use competitive information to increase sales. Its main office is located in Vancouver, Canada, and it was formed in 2015 by Jason Smith and Sarathy Naicker.
Some of the biggest businesses in the world utilize the email & landing page generation tool Knak. Without touching a word of code, Knak enables people and teams to collaborate on and generate stunning, responsive, on-brand emails. Top marketing automation programs including Marketo, Eloqua, Salesforce Marketing Cloud, Pardot, Adobe Campaign, as well as hundreds of email sending platforms, are compatible with the Knak platform.
Business solutions for equity, health plan administration, and workplace savings are offered by Link Investment Management. The Link team offers group plan solutions from our Calgary headquarters with the aim of improving retirement for all Canadians. With the help of our cutting-edge, entirely digital software-as-a-service (SaaS) business solution, plan administrators and plan participants can administer their benefits programs easily, affordably, and effectively. In order to develop the finest solutions at a competitive price, we work directly with businesses of all sizes as well as through channel partners. Visit our website at www.linkinvestmentmanagment.com for more details about Link Investment Management.
With the help of a completely unique and brand-owned experience, Livescale's Live Shopping solution enables companies to increase sales, engagement, and brand awareness. Livescale, a Montreal, Canada-based company founded by Virgile Ollivier and Laurent Boutet, is revolutionizing the way brands build communities through its innovative Live Shopping technology, enabling immersive, interesting, and seamless shopping experiences to take place in-house for brands across industries. Livescale was chosen by LVMH as one of the most cutting-edge technology firms for 2020 because to its integrated checkout, immersive client resources, and exceptional customer support, making it unique in the worldwide market.
The 1 billion knowledge workers may realize their full potential with the aid of Lynk. Knowledge workers may access opportunities provided by Lynk or on private markets set up on the Lynk platform by other businesses and organizations with a single login. By providing credentials for knowledge and experience as well as workflow tools to speed up engagements, Lynk aspires to become the infrastructure for knowledge work. Systems must keep up with the changing nature of labor, and Lynk's networked marketplace will hold the key to realizing this economic promise. Lynk collaborates with hundreds of multinational corporations, including the top Fortune 500 businesses, high-growth startups, and investment firms, with a diversified staff spread over 8 locations. Every day, the site offers tens of thousands of consulting, project, part-time, and full-time possibilities. With operations throughout the globe in significant locations including New York, Toronto, Singapore, Hong Kong, and Mumbai, Lynk is ISO27001 certified. With the UBS Group, we have also formed a complex global alliance. Visit https://lynk.global/ for additional info.
The end-to-end enterprise software Novisto enables businesses to derive value from their ESG strategy, data, and reporting. It is designed for better corporate sustainability management. Novisto helps businesses own their ESG story while streamlining every stage of the sustainability management journey. By empowering businesses to generate wealth via sustainability, our mission is to develop a more diverse and resilient society.
In North America, 1.7 million RFPs with a total contract value of $750 billion are released annually by 95,000 local governments. For access to this job, the businesses that rely on it spend $56 billion USD annually on sales and marketing. They employ Ontopical, a prominent provider of marketing intelligence, to their benefit. Every week, our program scans and analyzes hundreds of municipal meeting agendas, minutes, and videos, giving customers the opportunity to forge important connections before suggestions are widely requested. Derrick Koenig, the CEO of the prior business, increased revenue to $5M and successfully exited. three months hence. Our next-generation machine learning system can automatically identify early signals of impending business possibilities for your company in 2022, allowing you to go in front of RFPs. We now monitor more than 15,000 towns.
The internet's layer for contactless consumer involvement and commerce is called Openscreen. Openscreen facilitates the development of interactive apps that let businesses connect, communicate, and do business with their clients and assets wherever they are. Openscreen provides seamless QR Code-based apps that attract consumers, foster loyalty, expedite operations, and essentially enhance revenue and retention by transforming physical and manual interactions into digital activities.
Small and medium enterprises may utilize ORNA, a security orchestration, automation, and response (SOAR) platform, to identify assaults and use AI to direct response, reporting, compliance, and preventive activities through a cutting-edge real-time collaborative environment. The current quo of conventional incident response plans and playbooks, DR, BCP processes, and the related antiquated methods of addressing security issues are what we intend to change: - ORNA's proprietary AI engine combines data from 28 sources, including the infrastructure of the customer, CVE, MITRE, and the DarkWeb, using natural language processing (NLP), to produce highly specific attack and incident-specific tasks and actions for each stakeholder in the IT, legal, executive, HR, communications, and other domains. Everyone in your business will then be fully informed on how to respond to this specific occurrence with the greatest possible efficiency. Simple to use Risk & Compliance tools from ORNA that correspond to industry frameworks By leading your firm through the NIST process in a far simpler way than the framework itself, Report Builder features can help you stop attacks, expedite reporting, and lower cyber insurance costs. - Organizations, consultants, and suppliers may easily build, customize, share, and even sell cyber incident playbooks with other ORNA users thanks to ORNA's Playbook Community Marketplace. For cybersecurity resources, consider the App Store. - We did go there because of the pricing. ORNA offers an enterprise SOAR experience for a fraction of the cost, and in order to keep our clients' abilities up to par, we also offer free training and assault simulations.
PartnerStack (YC15) is on a mission to change the way companies reach customers through channel sales. PartnerStack enables companies to reach more customers through partnerships. The platform provides the enables some of the fastest growing companies like Asana, Intuit and Freshworks with the tools required to build, manage, and scale channel partner programs. The network brings companies and channel partners together. We pride ourselves on building something people want but our company is more than the feedback we receive from our users. Every member of our team is passionate about learning and adds something unique to our culture. We love to work with people who are consummately curious are incredibly supportive.
PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of the number of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
Plobal Apps is a SaaS platform where brands build mobile apps in minutes with zero coding and enable e-commerce businesses to deliver mobile experiences with the help of AI. Plobal Apps helps online stores translate the high mobile traffic volume (81% of all Shopify traffic comes from mobile devices) into a high conversion rate and consequently higher revenue. The company doesn't just build apps for customers, but function as their app commerce partners and carve out a comprehensive mobile commerce success journey for them and help them drive installs, engage customers, and scale revenues.
Revolutionary talent assessment platform Plum is talent realized. Universally designed, Plum uses objective data to measure and match human potential to job needs, enhancing talent decisions across the employee lifecycle. With unmatched scalability, Plum empowers organizations to quantify job fit, improve quality of hire, identify potential, provide personalized career insights and create high-performing teams from one platform. Plum has been named a Top HR Product of the Year by Human Resource Executive, won an HR Tech Award from Lighthouse Research & Advisory and secured High Performer status with G2. Visit www.plum.io to learn more.
Provision Analytics creates practical and precise software for food processors and manufacturers. Its software package automates food safety processes, greatly reducing time spent on data input and recall procedures; this data links granular process data with production results, generating analytics that reduces food loss and quality deviations.
QuoteMachine is a software to help local retailers turn any in-store conversation into an online sale. When a customer leaves the store without buying, the sales associate sends them a personalized microsite that contains the list of the products they talked about. When the customer is ready, they can then order directly from the microsite. Our microsite converts at 70%.
Revelate’s data fulfillment platform provides a suite of capabilities for data sharing and data commercialization for our customers to fully realize the value of their data. We reduce the burden for data teams to distribute data the way the consumer needs it, in and outside of their organization. Revelate integrates into the fabric of any data ecosystem to prepare, package, and distribute data from anywhere to anyone.
Rewind has been protecting businesses by backing up their SaaS data. Today, over 80,000 organizations in more than 100 countries use Rewind’s top-rated software and support. Rewind's solutions empower businesses to protect and recover the data they need for consistent growth.
Sensei Labs develops data-driven digital workplace solutions to address the problems faced by today's fast-growing businesses. It facilitates invention, supports large-scale cooperation, and makes it simple for individuals to organize their work. Some of the top corporations in the world utilize its award-winning enterprise SaaS solutions, Conductor and Catalyst, all around the world. The business was established in 2015, and its main office is in Toronto, Ontario.
Stellaralgo assists businesses in gathering, analyzing, and utilizing the data necessary to make wise business choices. It allows live audience business decision-making through its SaaS data platform, empowering properties to design the finest experience for the most ardent fans on the planet.
Supportbench is a customer service platform that helps companies deliver an amazing customer experience. Supportbench unlocks the potential of support teams by giving them a canvas to create and execute their vision of how best to support their customers.
VEERUM is a SaaS provider that applies digital technology to asset ownership, helping our clients build and maintain a better world. VEERUM's Asset Visualization Platform provides stakeholders with the latest tools and information to optimize asset outcomes. VEERUM provides a secure cloud-based web solution enabling data transparency across the entire asset lifecycle. It allows asset stakeholders to view aggregated asset data in the context of a 3D model. All information is available for a total audit history of the asset. We are the simplest and easiest to use solution on the market so you can stay ahead of the competition on your journey to digital adoption. Our clients are accelerating the transition to digital asset ownership, effectively building and maintaining the world’s critical infrastructure. Founded in 2014, VEERUM is a global software provider headquartered in Calgary, Alberta.
Vena connects people, existing systems, and data to power finance-led business planning and real-time reporting using a spreadsheet platform. Vena turns Excel into an enterprise-class business solution with a centralized database, workflow, detailed audit trail and more. With Vena, hundreds of leading global brands now get trusted numbers and insights – fast – without sacrificing their favorite spreadsheet software. Customers use Vena for corporate performance management (CPM) applications including budgeting, financial close management and reporting, and automating other spreadsheet-driven processes beyond Finance. Vena is the fastest-growing cloud CPM vendor, and the only one to embrace – not replace – Excel spreadsheets.
Our main goal at Vendasta is to democratize technology for small and medium-sized enterprises in order to stimulate local economies (SMBs). We achieve this by giving our channel partners, who are local specialists from all over the world, a strong platform. Partners promote, sell, bill, fulfill, and provide digital solutions to their SMB clients using Vendasta's platform. Our end-to-end platform and marketplace offer a single sign-on to SMBs' digital goods and analytics through a tight integration with an operating system. More than 60,000 channel partners use Vendasta, and these partners in turn deal with more than 5.5 million SMBs globally. At www.vendasta.com, register for free and learn more about Vendasta.
A people analytics and workforce planning tool called Visier People gives you the answers to a large number of pre-built, best practice questions about your workforce that cover a wide range of HR and business problems. Visier People supports you and your people analytics and planning needs, from beginning to end. Visier People was created by people data and HR specialists to include the solutions you need to strategically manage a complex workforce. Visier People provides you with access to a Customer Success team through an unrivaled all-inclusive subscription model. This team is dedicated to consistently providing you with fresh business value so that your returns increase and increase.
A SaaS firm called Visualping provides robotic automatic "website change notifications as service" and has hundreds of use cases. For example, customers may use us to check pricing and promotions, the availability of products and tickets, and new job or rental posts. - Businesses use us to track reviews, legal amendments, competitor analysis, automate operations, etc. We presently have more than 2 million users, with users across all sectors and 85% of Fortune 500 firms.
A Canadian technology startup called XpertSea is revolutionizing the way the globe's aquaculture sector raises seafood to help feed the world. Our joint solution, which combines intelligent aquaculture equipment with a farm management platform, reveals useful insights powered by artificial intelligence. With the help of these insights, farmers and industry professionals may improve feed efficiency, cut down on environmental waste, conduct disease prevention measures, and use data to make the whole supply chain transparent and knowledgeable. We are harnessing Canadian creativity to make aquaculture lucrative and sustainable, serving clients in more than 50 countries.
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