Top 10 Innovative Canadian Startups in 2021

Kimi Dutta Kimi Dutta
Mar 24, 2021 5 min read
Top 10 Innovative Canadian Startups in 2021

As a diverse country particularly in finance, business, arts, and culture with a thriving startup tech sector, Canada lies at the economic heart of the world’s wealthiest countries, estimated to keep humming throughout. From banking to finance, Canada is the home of its principal stock exchange and has likely reached the peak of globalization.

Let’s take a look at Top 10 successful Canadian Startups in 2021

1. Loopio
2. Opencare
3. Connected
4. Ritual
5. League
6. Maple
7. integrate.ai
8. Borrowell
9. Mejuri
10. Ada
FAQ

1. Loopio

Establishment: 2014

With more than 800 companies including Netskope, Thomson Reuters, IBM, Citrix and Sprinklr, Loopio has emerged as the Mail’s Top-400 Fastest Growing Companies with a three-year growth average of 681% and is ranked 79 in the entire globe. However, Loopio is a startup that helps companies answer RFPs, Security Questionnaire’s and more.

Loopio Website
Loopio Website

2. Opencare

Establishment: 2012

Open care’s vision is to connect users with local dentists based on own choice. Open care is a modern change that has a command over traditional industry. Through connecting with specialized dentists of the area, Open care is highly focused on optimal health and is growing leaps and bounds.

Opencare Website
Opencare Website

3. Connected

Establishment: 2014

Not particularly a design agency or consultant, it is a platform that helps brands build software products used in research and development phase. The company has an access to share option plan, where employees own shares in their company. And it is ranked one of LinkedIn’s top-25 startups, in Canada in 2019.

Connected Website
Connected Website

Coming to the company culture, it is widely built. Each Connected employee experiences equal amount of respect and as a result, Connected is considered the best workplace. And the greatness includes a house to each employee if needed, along with progressive competitions amongst the groups periodically.

4. Ritual

Establishment: 2014

Ritual is perhaps one of Canada’s best-known startup app that help users to get their pre-ordered foods from their favorite restaurants and coffee houses.  With Ritual, there is no need to fight the crowds or stand in long queues.

Ritual website
Ritual website

Unlike India’s Zomato and Swiggy, this pre-ordering app is also known for its suitability and reliability. It also has the advantage of piggyback on orders, where one of your mate can pick up more than one order on behalf of multiple people. The new funding has nearly reached around $30 million fund and has set sail with existing markets after ceasing operations in Europe.

5. League

Establishment: 2014

League is one-to-one platform for employees to engage with their lifestyle, health and benefit programs. According to Linked in’s annual rankings, the rapidly growing hub is counted in Canada’s top startups-three years running.

League Website
League Website

6. Maple

Establishment: 2015

With Maple, you can connect with Canadian licensed doctors for medical help 24/7.  Online consultation isn’t new, but Maple app takes things to a whole new level, providing immediate help from doctors and specialists.

maple website
maple website

On the contrary, with the launch of Maple, it has become way too easier to deal with immediate medical support from healthcare professionals of your choice. Notably, a click of a button away. The two most recent investors are Loblaw Companies Limited and RBC Ventures, and the company had a raised of $73 million in a sequence of funding.

7. integrate.ai

Establishment: 2017

Integrate.ai is one of the most talked cross-industry in today’s technological world, that implies machine learning and innovative intelligence to target customer necessities before it is felt. However, a lot of people have already started implementing this technology app to improve their quality and outputs.

integrate.ai Website
integrate.ai Website

As customer data becomes increasingly on trend, integrate.ai became the world's first AI powered cross industry intelligence network to master in Design Certification. The Former Facebook and Instagram executive Steve Irvine is the founder and CEO of the company.

8. Borrowell

Establishment: 2014

Borrowell is a financial technology company that offers Canadians free access to their credit score, including recommendations for financial tips and tools to improve credit scores. Listed as the World’s top financial technology company for its transparency, Borrowell will be a trailblazer for many such factual ideas.

Borrowell Website
Borrowell Website

9. Mejuri

Year founded: 2013

Mejuri is Canada’s the most popular marketing targeted company that deals directly with the consumer. Mejuri sells fine jewelry at comparatively-low prices and has expanded as far-reaching jewelry house. The brand operates directly to consumers (via online), to sell through brick and mortar storefronts. Re-launched in 2015, the company has female employees in maximum.

Mejuri Website
Mejuri Website

10. Ada

Establishment: 2016

Ada is an artificial-intelligence where businesses are allowed to speak directly with prospective customers through a chat box. As mountains of businesses pile up, customers feel discomfort and thereby any businesses in particular need to be properly explained and analyzed, to be able to make better business decisions.

ada Website
ada Website

Today, Ada employs more than 120 people in its Toronto office. Needless to say that, Ada’s growth has been augmented to date. In order to focus on issues of greater impact, Ada allows live agents too, providing a support role for any queries that customers have.

FAQ

Which country is best for startups?

United states is considered as the best country for startups.

Which country has most entrepreneurs?

United States has most number of entrepreneurs.

How many startups fail in Canada?

Business failure statistics show that about 96 percent of small businesses  survive for one full year, 85 percent survive for three years and 70 percent survive for five years.

Conclusion

So as Canadian startups are growing abruptly, we see many new startups lining up in the space. Hence there is the sense of innovation in order to maintain a competitive edge, probably for the recognition of a leading sector and for the brand familiarity to reach across various platforms in the near future.

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