Locations

MONTREAL

Private financing in MONTREAL, aggregated from public sources.

$3.3B
Capital raised
85
Companies
146
Rounds
2008
First on record
2026-03-11
Latest round

Cooling MONTREAL drew $36.2M over the last 12 months, down 59% versus the prior 12 ($89.3M). Of 81 companies rankable against same-niche peers, 26% model over-valued and 26% under-valued.

Capital flow over time

Quarterly capital raised in MONTREAL.

2008-Q2 · $1.3M2008-Q22008-Q3 · $3.1M2009-Q2 · $3.1M2009-Q3 · $71.7M2009-Q4 · $101K2010-Q1 · $48.5M2010-Q12010-Q2 · $8.7M2011-Q1 · $91.8M2011-Q2 · $10.8M2011-Q3 · $25.8M2011-Q4 · $674K2011-Q42012-Q1 · $392K2012-Q2 · $22.7M2012-Q3 · $2.5M2012-Q4 · $45.2M2013-Q1 · $3.4M2013-Q12013-Q2 · $215.8M2013-Q3 · $740K2013-Q4 · $2.0M2014-Q1 · $1.6M2014-Q2 · $19.3M2014-Q22014-Q3 · $180.6M2015-Q1 · $15.2M2015-Q2 · $27.7M2015-Q3 · $23.4M2016-Q2 · $116.5M2016-Q22016-Q3 · $6.2M2016-Q4 · $39.1M2017-Q1 · $2.3M2017-Q2 · $678K2017-Q3 · $10.1M2017-Q32017-Q4 · $863K2018-Q1 · $20.3M2018-Q2 · $411K2018-Q3 · $88.6M2018-Q4 · $84.4M2018-Q42019-Q1 · $8.5M2019-Q3 · $26.0M2019-Q4 · $4.4M2020-Q2 · $111K2020-Q3 · $3.6M2020-Q32020-Q4 · $694.1M2021-Q1 · $44.4M2021-Q2 · $273.4M2021-Q3 · $233.2M2021-Q4 · $451.0M2021-Q42022-Q1 · $183.7M2022-Q2 · $274K2022-Q4 · $13.2M2023-Q1 · $391K2023-Q4 · $132K2023-Q42024-Q1 · $1.0M2024-Q3 · $182K2024-Q4 · $41.3M2025-Q1 · $31.5M2025-Q2 · $16.3M2025-Q22025-Q3 · $10.9M2026-Q1 · $25.3M
Sector mix
SectorCompaniesRoundsCapital
Other Technology1533$1.7B
Other2947$447.7M
Telecommunications24$394.7M
Biotechnology813$221.3M
Edtech12$173.7M
Other Travel14$94.8M
Pharmaceuticals25$93.9M
Environmental Services22$35.9M
Top-funded companies
CompanySectorRaisedModeled value
Lightspeed POS Inc.Other Technology$1.5B$10.7B
Cogeco Cable, Inc.Telecommunications$390.0M$3.5B
Milestone Pharmaceuticals Inc.Pharmaceuticals$91.3M$2.8B
Sea to Sky Highway Investment Limited PartnershipOther$115.3M$2.0B
Paper Education Co Inc.Edtech$173.7M$1.7B
MethylGene Inc.Biotechnology$97.2M$1.0B
BioCrude Technologies USA, Inc.Environmental Services$35.0M$849.0M
Enobia Pharma CorpBiotechnology$100.0M$819.2M
Airgraft Inc.Other Technology$31.6M$761.4M
Thrasos Innovation Inc.Biotechnology$14.0M$506.1M
Eacom Timber CorpOther$71.1M$388.6M
Shake Labs Inc.Software / Tech$20.0M$377.5M
Breather Products Inc.Other$20.7M$331.0M
Sharethrough Inc.Other Technology$15.0M$317.8M
Taiga Motors CorpOther$18.4M$250.3M
Zapper Inc.Other$17.2M$234.4M
Midland Exploration Inc.Other$11.9M$180.4M
7943067 Canada Inc.Other$21.8M$170.4M
Puzzle Medical Devices Inc.Healthtech$30.0M$168.5M
VM6 Software, Inc.Computers$4.0M$163.2M
Other locations

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Frequently asked
How much venture funding have companies in MONTREAL raised?
Companies based in MONTREAL have raised approximately $3.3B across 146 recorded financing rounds among 85 companies, aggregated from public sources.
Is startup funding in MONTREAL growing?
MONTREAL funding is currently cooling: capital raised over the last 12 months was down 59% versus the prior 12 months.
What sectors are most active in MONTREAL?
The most active sectors in MONTREAL by recorded financing are Other Technology, Other, Telecommunications, Biotechnology. See the sector mix table for company and round counts.
Which are the most-funded companies in MONTREAL?
The most-funded MONTREAL companies in our coverage include Lightspeed POS Inc., Cogeco Cable, Inc., Milestone Pharmaceuticals Inc., Sea to Sky Highway Investment Limited Partnership, Paper Education Co Inc.. See the ranked table for disclosed capital and modeled valuations.