The Canadian AI Index

Founders / Mike Murchison

Mike Murchison

Mike Murchison is the co-founder and CEO of Ada, an enterprise SaaS AI company based in Toronto. Mike Murchison co-founded Ada with David Hariri. Ada had raised C$245.1M across 5 rounds as of November 2026, most recently a C$1.8M grant in March 2025 from FedDev Ontario. Ada agreed to combine with Dialpad in November 2026.

Co-founder/CEO of Ada.

LinkedIn@mimurchison

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Ada

AI customer service automation platform, including phone-based generative AI assistance.

Role
Co-founder/CEO
HQ
Toronto, ON
Founded
2016
Status
Agreed to combine with Dialpad
Disclosed raised
C$245.1M
Latest round
Grant, Mar 4, 2025
Website
ada.cx

Co-founders: David Hariri

Investors: FedDev Ontario, Spark Capital, Accel, FirstMark Capital, Bessemer Venture Partners, Tiger Global, Version One Ventures, Burst Capital, and 6 more

Founders are listed as named in primary coverage of their companies. Profile links are matched to the company before they are published. To correct this page or ask for it to be removed, email the Index.

Data as of November 10, 2026.

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