Innovative tech startups in Montréal

Montréal has long been recognised as a hub of creativity and innovation, giving rise to a vibrant ecosystem of tech startups that are making waves both locally and internationally. From cybersecurity to women’s health, these companies are pushing boundaries and redefining industries.​

Montreal downtown skyline
Photo by Jean-Daniel Francoeur

Flare:

In an era where digital threats are ever-evolving, Flare offers a proactive approach to cybersecurity. Founded in 2017, Flare’s AI-driven platform continuously scans the internet, including the dark web, to detect and prioritise potential risks. With over $10 million in Series A funding and backing from notable investors like Inovia Capital and White Star Capital, Flare is poised to set new standards in digital footprint monitoring.

Eli:

Addressing a significant gap in women’s healthcare, Eli provides an at-home solution for consistent hormone monitoring through saliva. Established in 2019, Eli empowers women to manage their hormonal health effectively, impacting areas such as menopause, fertility, and contraception. With $6.7 million secured in seed funding and support from investors like Techstars and Panache Ventures, Eli is transforming personalised healthcare for women.

PearFiction Studios:

Transitioning from mobile games to real-money casino games, PearFiction Studios has become a leader in the gaming industry with the release of top slot games like “Chicago Gold.” Founded in 2014, the Montréal-based studio is renowned for its innovative and creative online casino games, handling everything from concept to development in-house.

Basedash:

For businesses seeking efficient data management solutions, Basedash offers a no-code platform that converts databases into user-friendly admin apps. Since its inception in 2020, Basedash has garnered $4.5 million in seed funding, with backing from Y Combinator and Matrix Partners, enabling companies to streamline their internal operations seamlessly.

ENDVR.io:

ENDVR.io bridges the communication gap between companies and frontline retail staff. Founded in 2019, this digital platform facilitates product education and sales skill enhancement, allowing brands to motivate and reward their sales associates effectively. With $4.4 million in seed funding from investors like Companyon Ventures, ENDVR.io is reshaping the retail landscape.

Goloot:

In the fast-paced world of digital marketing, Goloot stands out by monetising digital moments through engaging and native advertising. Established in 2020, Goloot has quickly risen as one of Canada’s fastest-growing early-stage companies, raising over $5 million in just two years and attracting investors such as Anges Québec and Bernard Prevost.

OROHealth:

As telehealth becomes increasingly vital, OROHealth offers a platform that enhances communication between healthcare professionals and patients. Founded in 2020, the company focuses on creating digital solutions tailored to medical practitioners’ needs, particularly dermatologists, and has secured $3 million in seed funding to advance its mission.

Ubenwa Health:

Ubenwa Health leverages AI-driven sound analysis to detect neurological and respiratory conditions in infants through their cries. Since 2017, this groundbreaking approach has attracted over $2.5 million in pre-seed funding and support from investors like Radical Ventures and AIX Ventures, promising to revolutionise infant healthcare.

Montréal’s tech startup scene is a testament to the city’s spirit of innovation and entrepreneurship. These companies not only contribute to the local economy but also make significant impacts on their respective industries worldwide.