Top 40 InsurTech VC (Venture Capital) Funds in Canada in May 2026

Portfolio highlights

• Sensibill — Sensibill is a solution for financial institutions and banks to collect, synthesize, and action customer spend data to personalize at scale. Schedule a free demo now!
• HONK — Discover how HONK transforms parking with cutting-edge solutions for drivers and parking operators.
• Wealthsimple — Being better than a bank means more of everything. Spend, trade and invest with Wealthsimple.

Portfolio highlights

• Cybrid — The Cybrid software development kit & cloud-based platform can enable you to launch crypto trading within weeks, for minimal fees. Save millions in headcount, legal, and operational costs, compared to building your own platform from scratch.
• Emma — Get the best life insurance quotes in Canada. Prices start at $8/month. No medical exam. Buy whole or term life insurance and protect your loved ones now.
• Mycroft — Mycroft is the platform that serves as your virtual Security and Compliance officer, consolidating all your security needs, supported by experts.

Portfolio highlights

• Eli — At-home hormone testing from Eli Health: track cortisol, progesterone, and testosterone with saliva tests that deliver lab-grade results in 20 minutes.
• Fletch — Fletch - the cybersecurity answer engine. Get ahead and stay ahead of cyber threats.
• BenchSci — BenchSci is the world leader in AI-Assisted Reagent Selection and Experiment Design. Our preclinical R&D SaaS platform uses machine learning to help pharmaceutical companies increase their research velocity.

Portfolio highlights

• VEDA GmbH — VEDA GmbH is an agency offering flexible HR software and services for over 40 years that effectively support companies in HR management.
• Ignition — Engage clients, get paid and run your business on autopilot with Ignition. Create online proposals & automate client payments, all from one place. Learn more.
• The Learning Internet — Explore Learning.com's digital literacy & coding curriculum for K-12 students. Learn more, try EasyTech for free, or talk to a specialist today.

Portfolio highlights

• Nesto — LOW FROM THE GET GO. With nesto's exclusive mortgage solution, score the lowest rate on your first try! New mortgage - Mortgage Renewal / Refinance.
• Mahalo — Enhance customer experience with Mahalo: AI-powered support, seamless warranty claims automation, and hassle-free product registration. Reduce costs and boost efficiency with our smart solutions.
• Mahalo Software — Enhance customer experience with Mahalo: AI-powered support, seamless warranty claims automation, and hassle-free product registration. Reduce costs and boost efficiency with our smart solutions.

Portfolio highlights

• Welbi — Boost your resident experience with streamlined administrative processes, personalized programming, and real-time insights powered by Welbi.
• Axonify — Axonify provides eLearning software, interval reinforcement solutions, and gamified learning. Using principles of interval reinforcement and incorporating the realities of how emerging workforces learn in today’s environment, Axonify enables its customers to make training stick and improve employee performance.
• SceneDoc — SceneDoc is public safety’s first all-in-one mobile software for data collection and retrieval. By modernizing with SceneDoc, agencies operate with higher levels of clarity and control, with fewer moving parts, capturing data and reporting at the point of need. SceneDoc is saving agencies an hour of paperwork per shift on average, resulting in lesstime reporting and more time in the community so officers can do what they do best.

Portfolio highlights

• Stord — Stord offers fulfillment, warehousing, and transportation for DTC and B2B, plus the integrated software you need to provide your end consumers with the best pre-purchase and post-delivery consumer experience. No matter your product, Stord is ready to power your commerce.
• dub — The first Copy-Trading platform for stocks. Copy anyone's investments. For free. Regulated Broker-Dealer member FINRA and SIPC & FDIC insured.
• Invivyd — Adagio is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of antibody-based solutions for infectious diseases with pandemic potential. The company’s portfolio of antibodies has been optimized using Adimab’s industry-leading antibody engineering capabilities and is designed to provide patientsand clinicians with a powerful combination of potency, breadth, durable protection (via half-life extension), manufacturability and affordability. Adagio’s portfolio of SARS-CoV-2 antibodies includes multiple, non-competing broadly neutralizing antibodies with distinct binding epitopes, led by ADG20. Adagio has secured manufacturing capacity for the production of ADG20 with thirdparty contract manufacturers through the completion of clinical trials and, if approved by regulatory authorities, through initial commercial launch.

Portfolio highlights

• HyTrust — HyTrust was founded by veterans in the enterprise infrastructure and security space who recognized early on not only that virtualization and the cloud were going to dramatically transform the data center, but also that security would be a critical inhibitor to cloud adoption.The mission behind HyTrust has always been to mitigate the risk ofcatastrophic data center failure and data breaches — especially in light of the concentration of risk that occurs within virtualized and cloud environments. Organizations can now confidently expand virtualization to mission critical applications and take full advantage of the cloud.HyTrust has assembled a world-class team of company builders and innovators and has earned venture backing from the biggest players in the next-generation datacenter: Cisco, VMware, Intel, Fortinet, and In-Q-Tel, the funding arm of the US intelligence community. Further venture investment has come from highly respected firms such as Trident Capital, Sway Ventures, Epic Ventures, Advanced Venture Partners and Granite Ventures.
• Camino — Building permitting and licensing software designed to be user-friendly. Made for government agencies in North America.
• Tally — Looking to manage your credit card debt? Sign up to be the first to know about the DebtIQ launch.

Portfolio highlights

• GHGSat — GHGSat’s mission is to become the global reference for remote sensing of greenhouse gas (GHG), air quality gas, and other trace gas emissions from any source in the world.In June 2016, GHGSat launched the world’s first high-resolution satellite capable of measuring greenhouse gas (CO2 & CH4) emissions from any industrial facility in theworld. GHGSat is using this unique satellite and its patented technology to provide greenhouse gas emissions monitoring data and services globally,with better accuracy and at at a fraction of the cost of comparable alternatives. Owners of industrial facilities are now able to monitor all of their facilities, local or remote, anywhere in the world, with a common technology, in near-real-time. Significantly improved emissions information is enabling industries to better measure, control, and ultimately reduce emissions of GHGs.Building on lessons learned from its demonstration satellite, GHGSat launched its second satellite in Sept 2020 and a third is scheduled for Q1'21. Three more satellites are under construction for launch in early 2022. GHGSat also uses the same instrument technology from its satellites on aircraft, to provide complementary resolution and performance for customers in shale plays. GHGSat’s technology can also be used to monitor air quality gases, as well as other trace gases, in the atmosphere. Business cases are being developed for key markets, such as measuring SOx from ships.
• The Boyd Group — The Boyd Group is a major retail auto glass operator in the U.S. with operations under the trade names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority and Autoglassonly.com. The Company also operates a third party administrator, Gerber National Claims Services ("GNCS"), that offers glass, emergencyroadside and first notice of loss services.
• Wesdome Gold Mines — Wesdome Gold Mines produces gold and also concentrates on a list of projects that are in different phases of development. Additionally, they provide mining services to build itself as an intermediate gold producer.

Portfolio highlights

• Goose Insurance Services — Mobile First B2C Insurance Platform

Portfolio highlights

• Cinareo — Cinareo is leading solution for capacity planning that complements your WFM platform to provide you with insights on your contact center operations.
• Healthkind — Enabling healthcare teams to deliver personalized care at scale.
• Planetary Technologies — info@planetarytech.com

Portfolio highlights

• Percent — Unlock private credit investments with Percent. Access alternative investments on the platform powering the future of private markets.
• Micro Connect — Micro Connect provides market infrastructure, fintech, and platform development.
• MasterExchange — Trading platform for music rights leveraging emerging technology to create friction free and compliant investment opportunities to everyone.

Portfolio highlights

• Qwak — Build, deploy, maintain, and monitor ML models and features in a single platform.
• Vellum — Vellum is the development platform for production-worthy large language model applications.
• Flashpoint — Flashpoint is a privately held cybersecurity company founded in 2010 with headquarters in New York, NY. The company specializes in the collection, analytics, and automation of external threat intelligence.

Portfolio highlights

• WeatherPromise — WeatherPromise offers weather forecasts. It provides vacation, outdoor events, and outdoor activity reports.
• Bread Financial — Bread Financial offers personalized payment, lending, and savings solutions. They provide customers and partners with a wide range of digitally enabled options that are easy, empowered, and flexible financially. Their service includes credit card facility, loan options, and flexible payment options.
• MGT Insurance — MGT Insurance is the leading business insurance platform, combining best-in-class product and underwriting expertise with innovative technology to drive scale and profitability.

Portfolio highlights

• Kiro — Kiro is an IT company that offers artificial intelligence, ergonomic design, and software development solutions for medical biology.
• Koios Intelligence — MISSIONKoïos Intelligence is on a mission to Improve the insurance value chain using conversational AI.Our platform Olivo is built for insurance customers with the goal of eliminating waiting time, reducing operational costs and offering an unprecedented customer experience. Based on Natural Language Processing and state-of-the-art ArtificialIntelligence, Olivo is made to answer new customer needs and expectations in today’s digital world.

Portfolio highlights

• XP Health — XP Health is a health tech startup introducing a new kind of vision benefit for employees leveraging machine learning.Founded in 2019 by Antonio Moraes and James Wong, XP Health is an AI-powered vision benefits platform for employees and their families to get frames from the world’s leading designers like Tom Ford, Ray-Ban, Armani, Gucci, Coach.Its proprietary deep learning model uses facial recognition technology that recommends the best frames based on facial dimensions with 98% accuracy. The company is working with companies like Chegg, Zenefits, and Sequoia Consulting Group.
• Penguin Ai — Penguin AI uses AI to analyze health records and support care decisions, improving patient outcomes.
• COVU — COVU delivers AI-driven technology to empower Insurance agencies and their customers.

Portfolio highlights

• gofor — GoFor is a provider of last-mile, on-demand, and same-day delivery services and solutions for suppliers and retailers. The company's streamlined SaaS platform encompasses a full suite of logistics capabilities including eCommerce integration, dispatching, and reporting. GoFor’s delivery model allows businesses to supplement their busy fleetsor act as a complete out-sourced logistics partner. It was founded in 2016 and is based in Ottawa, Ontario, Canada.
• QuoteToMe — QuoteToMe is a tech-enabled solution for construction contractors to simplify inventory, equipment, and temporary services procurement for project needs. The QuoteToMe One Touch PO device automates purchase orders using technology.
• Brilliant Harvest — Brilliant Harvest is the Most Powerful AI Helpdesk For Equipment Dealers.

Portfolio highlights

• Towt — Towt is a shipping company that provides a practical and alternative solution for shipping. It's mission is to decarbonize the shipping industry using wind drilling for cleaner, less hydrocarbon-dependent transport.
• Spareka — Spareka is specialist in the online sale of spare parts for the home. Spareka is a site in the sale of spare parts but the site is not limited of course, to the sale of these parts but it also contributes to the replacement of the part and helps with repair.
• Koios Intelligence — MISSIONKoïos Intelligence is on a mission to Improve the insurance value chain using conversational AI.Our platform Olivo is built for insurance customers with the goal of eliminating waiting time, reducing operational costs and offering an unprecedented customer experience. Based on Natural Language Processing and state-of-the-art ArtificialIntelligence, Olivo is made to answer new customer needs and expectations in today’s digital world.

Portfolio highlights

• Ring — Ring is an outdoor home security company that provides homeowners a line of preventative outdoor security doorbells and cameras. It is on a mission to reduce crime in neighborhoods and empower consumers by creating a Ring of Security around homes and communities with its suite of smart home security products: Ring Video Doorbell, Ring VideoDoorbell Pro, Ring Stick Up Cam, and the new Ring Floodlight Cam. With these security devices, Ring has created the neighborhood watch for the digital age and continues to prevent burglaries and keep homes around the world safe.The company was established in 2012 and is based in Santa Monica, California.
• Networked Insights — Situs prediksi toto terpercaya yang aman dan mudah menang sangatlah penting untuk diketahui apabila ingin bermain. Oleh karena itu disini disediakan prediksi toto Hk, toto SGP, dan toto Sdy. Yang memiliki akurasi sebesar 95%.
• Relay Platform — With Relay, brokers drastically increase their close and renewal rates by securing and comparing quotes and creating winning proposals faster. Relay is the single-entry multi-carrier comparative-rating solution that can handle all P&C lines, across all mediums including both instant (“API”) and email quoting, at any level of complexity. Relayfacilitated over $2.15 billion in bound coverage across insurance and reinsurance since launching in April 2020. With a rapidly growing client base in North America, Relay also counts among the few Lloyd’s accredited London market e-platforms, and just launched its Cyber+ I5 Automated Proposal portal. Visit www.relayplatform.com or email contact@relayplatform.com for a demo

Portfolio highlights

• Inscora — Inscora provides automated cyber risk assessment and sales enablement tools for cyber insurance brokers.
• Vosker — Vosker provides remote area monitoring tech enabling you to take things further
• Moka — Moka helps you save effortlessly by automatically investing your spare change. Get started in just a few minutes and watch your money grow with every purchase you make. Save more, spend less and invest smarter with Moka.

Portfolio highlights

• Google — Google provides the Android operating system, the Chrome web browser, and a search engine to support global connectivity. Its software suite includes productivity tools such as Gmail, Docs, and Calendar, alongside media platforms like YouTube and Google Play. The firm designs hardware, including the Pixel line of smartphones, tablets, and wearabledevices integrated with Wear OS. Through its research divisions, the company creates generative models and tools such as Gemini 3.1 and Veo 3.1 for image creation, video generation, and conversational assistance. Current features include Agentic Vision for visual reasoning and Personal Intelligence, which utilizes Google Photos for contextual content creation.
• Solvvy — Resolve customer issues quickly, accurately, and at scale with Zoom Virtual Agent; the AI chatbot designed to boost contact center efficiency and save money.
• WealthEngine — WealthEngine offers wealth screening and search, customer segmentation and modeling, donor analysis. Prospecting software integrates with Salesforce, Ellucian.

Portfolio highlights

• Peerby Classic — Borrow and rent goods from others nearby - affordable, convenient and green. Tools, bikes, party equipment, electronics and more. Try it now.
• Zobi — Zobi’s not just Artificial Intelligence, it’s Home Intelligence. Our smart, brand-agnostic solutions take a holistic view of homes - people, devices, networks, habits. They build an anonymous profile for each home, then use that intel to spot unusual behaviour and stop cybercriminals.
• Finverity — Finverity provides technology, working capital and expertise to give banks, NBFIs, financiers and companies a strategic advantage in supply chain finance

Portfolio highlights

• Ultriva — Ultriva is a lean manufacturing software that enables you to adapt quickly and deliver impressive results. Experience modern lean manufacturing now. Learn more.
• Immunwork — Immunwork develops innovative drugs that combine targeting and effector functions to enhance efficacy and safety. The company focuses on creating ultralong-acting analogues, such as TE-8214, an octreotide derivative, and TE-8035, a modified human insulin. Immunwork's drug pipeline addresses immune system diseases and leverages a proprietarytechnology platform. The company is involved in clinical trials to validate its therapeutic solutions.
• Phase — Design and prototype websites and apps visually and intuitively, in a new powerful product reworked for the digital age.

Portfolio highlights

• PanopticAI — PanopticAI is a health system that uses artificial intelligence and signal processing to comprehend the human body and improve health.
• Vpon Holdings — Vpon Holdings is an AI big data analysis and advertising company.
• Ziwu Technology — Ziwu Technology offers the conversion of bio-based waste into sustainable new materials and provides environmentally friendly solutions.

Portfolio highlights

• Maxa AI — We harmonize your entire ERP and data system landscape into a single defensible number story. No custom data pipeline. No manual grind. No spreadsheet forensics. In production in 60 days. Answers in 60 seconds. Right every time.
• Sardine — Solve risk, compliance, and payments with one powerful API.
• Walnut Insurance — Insurance for everyone. Pick from transparent plans made for you.

Portfolio highlights

• Aurelian — AI-powered automation for non-emergency calls.
• Scala — Scala is an AI operations platform built for modern contact center and customer experience leaders. As CX organizations grow, they’re buried under disconnected systems, fragmented data, and endless dashboards that describe symptoms but rarely explain causes. Manual processes drain frontline teams, while leaders are left guessing why the same issueskeep resurfacing across channels. Scala was created to bring order to that complexity.With Scala, world-class operators see clearly, diagnose what matters, and act with confidence at scale.
• Search Party — Search Party helps brands get discovered inside AI-driven search interfaces. Search party specializes in Generative Engine Optimization (GEO), a new discipline built for the era of conversational AI and large language models. Instead of optimizing for web crawlers, Search party deploys agents that position brands to appear, be cited, and berecommended within generative platforms like ChatGPT, Gemini, and Perplexity.

Portfolio highlights

• Quandri — Quandri is a digital worker for insurance brokers & agencies.
• Slate — Slate provides embedded lending services that allow platforms to offer business customers access to capital. The platform manages underwriting, compliance, and operations, so the lending process is integrated without heavy engineering work. Businesses can use Slate’s API or white-label components to include one-click loan applications on theirplatforms. Slate handles automated customer communications throughout the loan lifecycle, including payment confirmations and reminders. The service ensures compliance with federal and provincial lending regulations, anti-money laundering rules, and data protection laws. Slate supports lending across major Canadian markets and manages regulatory requirements for all transactions. Platforms can launch embedded lending quickly, giving customers access to funds while Slate handles risk, licensing, and legal obligations.
• The Intelligent Search Company — The Intelligent Search Company mission to give decision-makers and AI agents.

Portfolio highlights

• ACTO — ACTO is an omnichannel education platform for life sciences companies. ACTO is an AI-powered SaaS platform built for life sciences that uses mobile experiences and agency partnerships to give learners all the tools they need in one intuitive cross-platform app, and give leaders powerful admin tools with engagement data in one command center.
• Bridgit — Bridgit is a leading provider of construction resource management software, helping construction teams optimize workforce planning and project delivery.
• Fable — Accessibility platform powered by people with disabilities and expert-level accessibility services and training. Learn more about Fable.

Portfolio highlights

• Axio — Discover Axio's platform for assessing and managing cyber risks, enhancing resilience, and optimizing cybersecurity investments.
• CoverTree — Finally, a better kind of manufactured home insurance. Buy online and save up to 40% in less than 3 minutes. Powered by Three steps. Three minutes.
• Honeycomb — At Honeycomb Insurance we're simplifying the real estate insurance process, making it easier to find better coverage at a fraction of the cost

Portfolio highlights

• Assetflo — Assetflo provides mobile IoT solutions for tracking the precise location from tracking applications.
• Botni.Vision — Botni.Vision is an intelligence company, enabling human and artificial learning.
• Trolley — Trolley is the best payouts platform for businesses needing to pay creators, musicians, artists, freelancers, or on-demand workers.

Portfolio highlights

• Chexy — Let your rent elevate your lifestyle. Chexy is the new standard for paying rent. We believe that tenants should be able to pay rent digitally and flexibly while building credit and earning rewards.
• auticon — auticon is the first German company to exclusively employ autistic people as software testers and offer their services (Software-Tests) on the free market. This innovative approach gives the client the advantage of special high-quality workmanship.
• North One — NorthOne is an online Business Account with built-in features to make business banking fast and easy. No overdraft fees. No minimum balance. No hidden fees.

Portfolio highlights

• Arseno — Arseno specializes in producing practical customised apparel.
• LIBERTY SPRING — Founded in 1986, Liberty Springs designs and assembles complex, high value-added precision springs for the automotive industry and for the recreational and off-road vehicle sector. Canada’s leading manufacturer, the Montmagny-based company has more than 700 employees at five different production sites, including more than 450 employees in Québec.Over two-thirds of production is exported.
• The Unscented Company — We create effective unscented home and body care smartly designed for eco conscious living and a sustainable future.

Portfolio highlights

• GHGSat — GHGSat’s mission is to become the global reference for remote sensing of greenhouse gas (GHG), air quality gas, and other trace gas emissions from any source in the world.In June 2016, GHGSat launched the world’s first high-resolution satellite capable of measuring greenhouse gas (CO2 & CH4) emissions from any industrial facility in theworld. GHGSat is using this unique satellite and its patented technology to provide greenhouse gas emissions monitoring data and services globally,with better accuracy and at at a fraction of the cost of comparable alternatives. Owners of industrial facilities are now able to monitor all of their facilities, local or remote, anywhere in the world, with a common technology, in near-real-time. Significantly improved emissions information is enabling industries to better measure, control, and ultimately reduce emissions of GHGs.Building on lessons learned from its demonstration satellite, GHGSat launched its second satellite in Sept 2020 and a third is scheduled for Q1'21. Three more satellites are under construction for launch in early 2022. GHGSat also uses the same instrument technology from its satellites on aircraft, to provide complementary resolution and performance for customers in shale plays. GHGSat’s technology can also be used to monitor air quality gases, as well as other trace gases, in the atmosphere. Business cases are being developed for key markets, such as measuring SOx from ships.
• Hydrostor — Hydrostor, a global leader in long-duration energy storage, pioneers technology to scale carbon reduction with a dedicated professional team.
• Torngat Metals — We are a company dedicated to developing the Strange Lake rare earth project in northern Quebec. Through our commitment to drawing on best environmental

Portfolio highlights

• Meroxa — Meroxa is the industry-leading low-code real-time data streaming platforms. Explore our platform for free!
• Udacity — Learn online and advance your career with courses in programming, data science, artificial intelligence, digital marketing, and more. Gain in-demand technical skills. Join today!
• Branch — Branch help businesses modernize their payment methods to empower working Americans. Earned wage access, cashless tips and mileage reimbursements, no-fee paycard alternatives, and 1099 digital disbursements are just some of the tools in our fast, free, and flexible platform.

Portfolio highlights

• Vectr — Vectr is a drawing tool that lets you create vector images – graphics that are scalable without the loss of resolution – easily and intuitively. Instead of using pixels, vector graphics use mathematical equations to draw out your creations. Vectr performs the math behind-the-scenes, so the only thing they need to focus on is what they'recreating. With its easy-to-use interface, anyone can use Vectr to become an illustrator or graphic designer we’ll show them how in no time.Vectr was founded in 2014 and is based in San Francisco, California, United States.
• Breathe Life — Zinnia seeks to deliver exceptional insurance experiences by transforming the life and annuity insurance experience from end-to-end.
• Thirdshelf — Customer loyalty program for your Lightspeed, Vend or Heartland Retail point of sale. Pay as you grow. No contract required. Start For Free

Portfolio highlights

• Tegus — Tegus is a primary research platform for investors and corporations. Tegus offers a smart-searchable database of 1:1 expert call transcripts & an expert network.
• DataJoy Inc. — Democratize analytics through AI-powered BI
• OneStream Software — OneStream is the leading enterprise Finance management platform that unifies finance and operational data with AI, increasing the strategic impact of the CFO.

Portfolio highlights

• HDAX Therapeutics — HDAX Therapeutics novel modality unlocks a never-seen-before binding mechanism to key biological molecules.
• Radiant Biotherapeutics — Radiant Biotherapeutics: Transformative, multi-valent, multi-specific antibody platform: Multabody
• Grey Matter Neurosciences — Grey Matter Neurosciences is a neurotechnology firm developing new medical devices and drug-device combinations to treat age-related brain illnesses like dementia.

Portfolio highlights

• MixRift — MIXRIFT - game developers specialized in Mixed Reality
• unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
• Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.

Portfolio highlights

• Handhold — Handhold is an AI platform that creates multimodal agents to automate the sales and onboarding process for inbound leads.
• Finaeo — Finaeo is powering the future of life and health insurance with our all-in-one platform. Our digital marketplace connects carriers, brokers and clients through a fully-integrated experience.
• Super.com — Through rich rewards and everyday savings, Super helps you access more of what you want at better prices, escape overspending, and level up life.

Portfolio highlights

• ACTO — ACTO is an omnichannel education platform for life sciences companies. ACTO is an AI-powered SaaS platform built for life sciences that uses mobile experiences and agency partnerships to give learners all the tools they need in one intuitive cross-platform app, and give leaders powerful admin tools with engagement data in one command center.
• Loop — Bank on Loop to save time, save money and grow globally. Join thousands of entrepreneurs and businesses across Canada to spend, send and grow without fees.
• Unicone Art — Unicone Art is your go-to source for clear casting epoxy resin material for art projects. It is perfect for creating crystal clear pieces with a great finish.