City desk · Named index
Toronto startups, named.
Neighbourhood, stage, headcount, and who is hiring. Not every company in the city — the ones this desk will put in print.
26
On the desk
6
Unicorns
21
Open desks
12
Neighbourhoods
The 416 keeps a named index, not a census. 26 companies are in print across 12 neighbourhoods, including 6 unicorns (Wealthsimple, Cohere, 1Password, ApplyBoard, Tenstorrent, Shopify Toronto) and 21 firms hiring. Hundreds of Toronto startups are not listed. A row is here only if the desk will stand behind it. 21 more were filed by a founder and approved — those sit under the named list, with the website they submitted.
The index
On the desk
| Company | Trade | Neighbourhood | Stage | Hiring |
|---|---|---|---|---|
| Wealthsimple | Fintech | Financial District | Late | Open |
| Cohere | AI | King West | Late | Open |
| 1Password | Security | Waterfront | Late | Open |
| Wattpad | Media | Downtown | Public / acquired | — |
| League | Health | King West | Growth | Open |
| ApplyBoard | Edtech | Waterloo | Late | Open |
| Ada | AI | King West | Growth | Open |
| Ritual | Commerce | Financial District | Growth | — |
| Wave | Fintech | Liberty Village | Public / acquired | Open |
| FreshBooks | SaaS | Liberty Village | Growth | Open |
| ecobee | Climate | Corktown | Public / acquired | Open |
| TouchBistro | SaaS | King West | Growth | Open |
| Borrowell | Fintech | Financial District | Growth | — |
| BenchSci | Health | MaRS | Growth | Open |
| Xanadu | Quantum | Waterfront | Growth | Open |
| Waabi | Mobility | Waterfront | Growth | Open |
| Deep Genomics | Health | MaRS | Growth | Open |
| Tenstorrent | Hardware | North York | Late | Open |
| StackAdapt | Adtech | Financial District | Late | Open |
| Clearco | Fintech | Yorkville | Growth | — |
| Top Hat | Edtech | Queen West | Growth | Open |
| Properly | Commerce | The Junction | Early | Open |
| Layer 6 | AI | Financial District | Public / acquired | Open |
| Vidyard | SaaS | Waterloo | Growth | Open |
| Shopify Toronto | Commerce | King West | Public / acquired | Open |
| Figure 1 | Health | MaRS | Public / acquired | — |
Filed and approved
These came in through the desk. The link is the website they submitted.
| Company | Trade | Place | Stage | Site |
|---|---|---|---|---|
| MapleReady Canada Test — Kasabeh Technology | Edtech | Remote — Canada | Bootstrapped | Site |
| within | Commerce | Downtown Toronto | Pre-seed | Site |
| StrikeHoney | SaaS | Waterloo / KW | Pre-seed | Site |
| Beaver | AI | Remote — Canada | Pre-seed | Site |
| Nationwide Shifters | Other | Richmond Hill | Pre-seed | Site |
| TNAADO Inc. | Other | King West | Bootstrapped | Site |
| New Connect | SaaS | Downtown Toronto | Bootstrapped | Site |
| Distronode | SaaS | Greater Toronto Area | Bootstrapped | Site |
| Nabbit | SaaS | Hamilton | Bootstrapped | Site |
| PhonoLogic | SaaS | Leslieville | Seed | Site |
| Qstudy AI | AI | Winnipeg | Seed | Site |
| Payaptic | SaaS | Etobicoke | Seed | Site |
| Carscout Canada | SaaS | Greater Toronto Area | Pre-seed | Site |
| Rk Growth | Commerce | Kingston | Bootstrapped | Site |
| Dixit Algorizmi | Security | Hamilton | Pre-seed | Site |
| Skill Reality Inc. | AI | Downtown Toronto | Pre-seed | Site |
| SiC Research | Hardware | Vaughan | Seed | Site |
| Ether | Adtech | The Junction | Bootstrapped | Site |
| Sorvius | SaaS | Etobicoke | Pre-seed | Site |
| Pricentra | SaaS | Cabbage town | Bootstrapped | Site |
| StepSafe Technologies Inc. | Hardware | Mississauga | Pre-seed | Site |
Who is hiring
21 desks open across the index. Skip the LinkedIn lottery.
The money tape
Named rounds from the corridor — who took capital, and from where.