Companies / St. John's
AI companies in St. John's
The Canadian AI Index tracks 4 AI companies headquartered in St. John's. They have raised C$102M across 3 rounds, including C$950K in 2026.
Largest rounds
| Company | Round | Date | Amount | Investors |
|---|---|---|---|---|
| CoLab Software | Series C | Nov 2025 | US$72M | Intrepid Growth Partners (lead) and 5 more |
| Trophi.ai | Grant | Mar 2026 | C$950K | Atlantic Canada Opportunities Agency (ACOA) (lead) |
US$ rounds converted to C$ at the Bank of Canada rate on each round's date to rank them.
All 4 companies
| Company | Category | HQ | Founded | Date raised | Disclosed raised | Status |
|---|---|---|---|---|---|---|
| SiftmedMedical-records AI for insurance claims | Health/Bio AI | St. John's, NL | 2021 | Jul 2026 | — | Active |
| Trophi.aiAI sim-racing performance coach | Consumer AI | St. John's, NL | 2020 | Mar 2026 | C$950K | Active |
| CoLab SoftwareAI-powered engineering design review and collaboration platform | Industrial/Manufacturing AI | St. John's, NL | 2017 | Nov 2025 | US$72M | Active |
| Kraken RoboticsDefence and underwater robotics; acquired Covelya ($615M)Public | Defence/Security AI | St. John's, NL | 2012 | — | — | Public |
Data as of October 20, 2026.