SaaS startups have become the darling of Venture Capital investors, especially in Toronto. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 12 VC funded SaaS startups in Toronto .
A chatbot-based platform from Ada, a computer software provider, enables large enterprises to automate customer experience. Its platform utilizes a machine learning engine that works on the web and mobile devices, reducing the amount of help requests and enabling users to find solutions on their own. The business was established in 2016 and has its main office in Toronto, Canada.
AdeptMind is a SaaS AI/ML startup that pioneers in eCommerce Product Discovery and Shopping Center Marketplaces. Its co-founders recently completed the sale of their prior business, Maluuba, which was highly successful. This time, in Toronto, Ontario, Canada, they want to build a rad Silicon Valley-style team.
The sole financial closing and consolidation software for mid-sized businesses is offered by Fluence. By providing game-changing efficiency gains and reliable, timely statistics, we provide customers the time, confidence, and performance they need. Fluence offers speedy implementation, acceptance, and time to value thanks to its out-of-the-box delivery, no-coding administration, and real Excel interface. Our clients can rely on us to satisfy their demands today and in the future thanks to a cloud calculating engine that has been decades in the making and was created by a team with centuries of combined expertise. Greetings from Fluence. We adjourn early.
HiMama offers SaaS to child care and early childhood education programs so they can manage their classrooms, run their child care programs, and assist the learning and development of young children. It gives daycare centers a quick and simple method to document and share children's activities, from amusing and enjoyable incidents to learning and developmental milestones, and it helps administrators with staff management and tuition collection from parents. The program is the result of in-depth investigation and conversations with early childhood educators.
The largest worldwide network of micromobility providers is powered by Joyride. For operators of dockless bikeshare systems and electric scooter fleets, they provide turnkey software solutions. Their technology has a web-based dashboard for fleet operators as well as a white-label mobile application for end customers. Their management software enables any size business to deploy their fleet within 24 hours and smoothly grow their operations from five to 500,000+ cars. They presently power customers in more than 100 markets across the world.
The 1 billion knowledge workers may realize their full potential with the aid of Lynk. Knowledge workers may access opportunities provided by Lynk or on private markets set up on the Lynk platform by other businesses and organizations with a single login. By providing credentials for knowledge and experience as well as workflow tools to speed up engagements, Lynk aspires to become the infrastructure for knowledge work. Systems must keep up with the changing nature of labor, and Lynk's networked marketplace will hold the key to realizing this economic promise. Lynk collaborates with hundreds of multinational corporations, including the top Fortune 500 businesses, high-growth startups, and investment firms, with a diversified staff spread over 8 locations. Every day, the site offers tens of thousands of consulting, project, part-time, and full-time possibilities. With operations throughout the globe in significant locations including New York, Toronto, Singapore, Hong Kong, and Mumbai, Lynk is ISO27001 certified. With the UBS Group, we have also formed a complex global alliance. Visit https://lynk.global/ for additional info.
The internet's layer for contactless consumer involvement and commerce is called Openscreen. Openscreen facilitates the development of interactive apps that let businesses connect, communicate, and do business with their clients and assets wherever they are. Openscreen provides seamless QR Code-based apps that attract consumers, foster loyalty, expedite operations, and essentially enhance revenue and retention by transforming physical and manual interactions into digital activities.
Small and medium enterprises may utilize ORNA, a security orchestration, automation, and response (SOAR) platform, to identify assaults and use AI to direct response, reporting, compliance, and preventive activities through a cutting-edge real-time collaborative environment. The current quo of conventional incident response plans and playbooks, DR, BCP processes, and the related antiquated methods of addressing security issues are what we intend to change: - ORNA's proprietary AI engine combines data from 28 sources, including the infrastructure of the customer, CVE, MITRE, and the DarkWeb, using natural language processing (NLP), to produce highly specific attack and incident-specific tasks and actions for each stakeholder in the IT, legal, executive, HR, communications, and other domains. Everyone in your business will then be fully informed on how to respond to this specific occurrence with the greatest possible efficiency. Simple to use Risk & Compliance tools from ORNA that correspond to industry frameworks By leading your firm through the NIST process in a far simpler way than the framework itself, Report Builder features can help you stop attacks, expedite reporting, and lower cyber insurance costs. - Organizations, consultants, and suppliers may easily build, customize, share, and even sell cyber incident playbooks with other ORNA users thanks to ORNA's Playbook Community Marketplace. For cybersecurity resources, consider the App Store. - We did go there because of the pricing. ORNA offers an enterprise SOAR experience for a fraction of the cost, and in order to keep our clients' abilities up to par, we also offer free training and assault simulations.
PartnerStack (YC15) is on a mission to change the way companies reach customers through channel sales. PartnerStack enables companies to reach more customers through partnerships. The platform provides the enables some of the fastest growing companies like Asana, Intuit and Freshworks with the tools required to build, manage, and scale channel partner programs. The network brings companies and channel partners together. We pride ourselves on building something people want but our company is more than the feedback we receive from our users. Every member of our team is passionate about learning and adds something unique to our culture. We love to work with people who are consummately curious are incredibly supportive.
Plobal Apps is a SaaS platform where brands build mobile apps in minutes with zero coding and enable e-commerce businesses to deliver mobile experiences with the help of AI. Plobal Apps helps online stores translate the high mobile traffic volume (81% of all Shopify traffic comes from mobile devices) into a high conversion rate and consequently higher revenue. The company doesn't just build apps for customers, but function as their app commerce partners and carve out a comprehensive mobile commerce success journey for them and help them drive installs, engage customers, and scale revenues.
Sensei Labs develops data-driven digital workplace solutions to address the problems faced by today's fast-growing businesses. It facilitates invention, supports large-scale cooperation, and makes it simple for individuals to organize their work. Some of the top corporations in the world utilize its award-winning enterprise SaaS solutions, Conductor and Catalyst, all around the world. The business was established in 2015, and its main office is in Toronto, Ontario.
Vena connects people, existing systems, and data to power finance-led business planning and real-time reporting using a spreadsheet platform. Vena turns Excel into an enterprise-class business solution with a centralized database, workflow, detailed audit trail and more. With Vena, hundreds of leading global brands now get trusted numbers and insights – fast – without sacrificing their favorite spreadsheet software. Customers use Vena for corporate performance management (CPM) applications including budgeting, financial close management and reporting, and automating other spreadsheet-driven processes beyond Finance. Vena is the fastest-growing cloud CPM vendor, and the only one to embrace – not replace – Excel spreadsheets.