# The 416 — Toronto Startups

> The city paper for Toronto startups — live funding, hiring, neighbourhoods, listings, and companies for sale in the 416.

The 416 is the independent city paper for Toronto startups. The desk indexes 26 companies across 12 neighbourhoods, including 6 unicorns (Wealthsimple, Cohere, 1Password, ApplyBoard, Tenstorrent, Shopify Toronto) and 21 firms hiring.

## Read next

- Index: https://torontostartups.com/startups
- Unicorns: https://torontostartups.com/unicorns
- Hiring: https://torontostartups.com/jobs
- Transfers: https://torontostartups.com/transfers
- FAQ: https://torontostartups.com/faq
- LLM map: https://torontostartups.com/llms.txt
- Full desk: https://torontostartups.com/llms-full.txt

## Companies

- [Wealthsimple](https://torontostartups.com/llms/wealthsimple): Fintech, Financial District, $1.1B+, unicorn, hiring
- [Cohere](https://torontostartups.com/llms/cohere): AI, King West, $1B+, unicorn, hiring
- [1Password](https://torontostartups.com/llms/1password): Security, Waterfront, $920M, unicorn, hiring
- [Wattpad](https://torontostartups.com/llms/wattpad): Media, Downtown, Acquired
- [League](https://torontostartups.com/llms/league): Health, King West, $280M+, hiring
- [ApplyBoard](https://torontostartups.com/llms/applyboard): Edtech, Waterloo, $500M+, unicorn, hiring
- [Ada](https://torontostartups.com/llms/ada): AI, King West, $200M+, hiring
- [Ritual](https://torontostartups.com/llms/ritual): Commerce, Financial District, $70M+
- [Wave](https://torontostartups.com/llms/wave): Fintech, Liberty Village, Acquired, hiring
- [FreshBooks](https://torontostartups.com/llms/freshbooks): SaaS, Liberty Village, $90M+, hiring
- [ecobee](https://torontostartups.com/llms/ecobee): Climate, Corktown, Acquired, hiring
- [TouchBistro](https://torontostartups.com/llms/touchbistro): SaaS, King West, $190M+, hiring
- [Borrowell](https://torontostartups.com/llms/borrowell): Fintech, Financial District, $90M+
- [BenchSci](https://torontostartups.com/llms/benchsci): Health, MaRS, $110M+, hiring
- [Xanadu](https://torontostartups.com/llms/xanadu): Quantum, Waterfront, $250M+, hiring
- [Waabi](https://torontostartups.com/llms/waabi): Mobility, Waterfront, $280M+, hiring
- [Deep Genomics](https://torontostartups.com/llms/deep-genomics): Health, MaRS, $240M+, hiring
- [Tenstorrent](https://torontostartups.com/llms/tenstorrent): Hardware, North York, $700M+, unicorn, hiring
- [StackAdapt](https://torontostartups.com/llms/stackadapt): Adtech, Financial District, Bootstrappy / late, hiring
- [Clearco](https://torontostartups.com/llms/clearco): Fintech, Yorkville, $700M+
- [Top Hat](https://torontostartups.com/llms/top-hat): Edtech, Queen West, $150M+, hiring
- [Properly](https://torontostartups.com/llms/properly): Commerce, The Junction, $50M+, hiring
- [Layer 6](https://torontostartups.com/llms/layer-6): AI, Financial District, Acquired, hiring
- [Vidyard](https://torontostartups.com/llms/vidyard): SaaS, Waterloo, $90M+, hiring
- [Shopify Toronto](https://torontostartups.com/llms/shopify-toronto): Commerce, King West, Public, unicorn, hiring
- [Figure 1](https://torontostartups.com/llms/figure1): Health, MaRS, Acquired