With 350+ digital health startups and over $2B raised in the last 36 months, Toronto is now leading in AI diagnostics, virtual care, and pharma tech innovation. (Source: MaRS, 2025; StartUp Health)
But beyond funding, what makes Toronto’s ecosystem powerful is its depth across the full healthcare value chain—from virtual care to AI imaging, patient data to drug discovery.
Here’s a breakdown of the sectors scaling fastest 👇
1. Telehealth & Virtual Care
- Full-stack care platforms built for access, speed, and reimbursement integration.
- Maple (getmaple.ca), Rocket Doctor AI, Tia Health, KixCare - Virtual Care for Kids, Mavencare, MD Connected, Therapia, Your Doctors Online, Verto Health
2. AI Diagnostics & Imaging
- AI-first tools built for radiology, dermatology, ophthalmology, and pathology.
- Altis Labs, Swift Medical, PocketHealth, RetiSpec, Perimeter Medical Imaging AI , A.I. VALI, Pathcore, Skinopathy, Synaptive Medical, Muse (InteraXon), eSight, Xandar Kardian
3. Health Data & Ops Platforms
- Interoperability, workflow automation, EMRs, and patient engagement layers.
- Smile Digital Health, MedStack, Think Research, OceanMD, a WELL Health Company, PointClickCare, League, Signal 1, Hypercare, Figure 1, ACTO, BlueDot, Verto Health, ThoughtWire
4. Digital Therapeutics, Mental Health & Rehab
- Digital care tools targeting pain, cognition, therapy, and chronic care adherence.
- Greenspace Health, Layla Care, ManagingLife, Curv Health, Phyxable, Creyos, Inkblot Therapy by GreenShield Health, MindBeacon by Kii Health, Lucid, Ellerca Health Corp.
5. Medical Devices & Wearables
- Hardware+software innovation in brain health, rehab, diagnostics, and sanitation.
- Exact Imaging, Conavi Medical, Synaptive Medical, CleanSlate UV, Able Innovations, Myant, Epineuron, Muse® by Interaxon Inc. (Muse), eSight, Xandar Kardian Inc.
6. Life Sciences Tools & PharmaTech
- Accelerating drug discovery, clinical trials, and personalized medicine.
- Deep Genomics, BenchSci, BioRender, ODAIA, DNAstack, PhenoTips, Geneseeq, Notch Therapeutics, Future Fertility, ProteinQure, MedMe Health
What Makes Toronto’s HealthTech Ecosystem Work?
- Built around global research institutions like UHN, MaRS, and U of T
- Supported by cross-border access to U.S. payers, FDA pathways, and pharma partnerships
- Balanced across the stack: B2C, B2B, SaaS, and hard tech
- Powered by clinical validation + commercial design from day one
📈 Looking to scale into hospitals, sell to providers, or raise across Canada and the U.S.? We help HealthTech startups with:
- Market research & validation
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- Fundraising traction narratives
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