The Canadian AI Index

Companies / Enterprise SaaS AI

Enterprise SaaS AI companies in Canada

The Canadian AI Index tracks 116 Canadian enterprise SaaS AI companies. They have raised C$1.4B across 76 rounds, including C$377M in 2026.

Largest rounds

CompanyRoundDateAmountInvestors
BeaconSeries BNov 2025US$250MGeneral Catalyst, Lightspeed Venture Partners, D1 Capital Partners (leads)
BeaconSeries CJan 2026US$225MGeneral Catalyst, HarbourVest Partners (leads) and 6 more
AdaSeries CMay 2021US$130MSpark Capital (lead) and 6 more
AdaSeries BMar 2020US$44MAccel (lead) and 5 more
SpareSeries BSep 2024C$42MInovia Capital (lead) and 2 more
LandbaseSeries AJun 2025US$30MSound Ventures, Picus Capital (leads) and 4 more
NovistoSeries CMay 2025US$27MInovia Capital (lead) and 5 more
Borderless AISeedMar 2024US$27MSusquehanna, Aglaé Ventures (leads)
ODAIASeries BMay 2023US$25MThreshold Ventures, Monograph Capital (leads) and 1 more
VoiceflowVenture roundAug 2023US$15MOpenView Venture Partners (lead) and 1 more

US$ rounds converted to C$ at the Bank of Canada rate on each round's date to rank them.

All 116 companies

Data as of October 20, 2026.

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