Thanks to its investment, strong government support and diverse talent pool, Toronto has recently established itself as one of the largest startup ecosystems in the world. With over 2,000 startups representing more than 30 percent of the country’s total, more continue to flock to the province. Be it simplifying homeownership, digitizing pharmaceutical care or comparing insurers to find users the best home and auto rates, these companies, though small in size, are making a big impact.
Startup Companies in Toronto
- Homewise
- Secoda
- Pillway
- HyperComply
- YouSet
Startup Companies in Toronto to Know
Homewise’s end-to-end homeownership platform helps Canadian mortgage shoppers save time and money by negotiating with a wide range of banks and lenders to find the best mortgage rates that meet their needs. The platform is completely free for users.
Toronto-based Secoda is an AI-powered company that creates a single source of truth for an organization’s data by connecting and consolidating all data sources, models, pipelines, databases, warehouses and visualization tools into a unified data management platform. The team operates remotely but meets in person on a regular basis.
A fully registered digital pharmacy, Pillway leverages technology to simplify healthcare, providing access to doctors and pharmacists, free prescription delivery and ongoing support. The company has two offices countrywide.
HyperComply aims to expedite the process of sharing compliance information, automating security questionnaires and accelerating sales. Powered by machine learning, it was built to help companies respond to security questionnaires before being reviewed by a security specialist. HyperComply is fully remote but hosts in-person team gatherings and social events at its offices in the United States and Canada.
YouSet combines technology, data and human expertise to enable users to compare rates from major insurers in under four minutes. It recently launched a feature that allows customers to bundle home and auto policies from different providers, unlocking up to 15 percent in additional savings. Employees can work remotely or from the company’s Montréal office, making use of benefits like unlimited sick and mental health days, paid parental leave and monthly team activities and events.
