The Next Big Thing in Cybersecurity: Meet Canada’s Top 15 Security Startups

As businesses and individuals become increasingly reliant on technology, the need for robust cybersecurity measures has never been greater. In Canada, a host of innovative startups are rising to the challenge, developing cutting-edge solutions to keep sensitive information secure. From blockchain-based platforms to advanced AI-driven security systems, these startups are at the forefront of the fight against cybercrime. In this article, we’ll take a closer look at 15 of the most exciting security startups in Canada, exploring their key offerings and the problems they’re solving.

Axelar Network: Bridging Blockchain Ecosystems

Axelar Network is a decentralized communication tool that connects blockchain ecosystems, applications, and assets. Founded by Georgios Vlachos and Sergey Gorbunov, Axelar is pioneering a new way to integrate disparate blockchain networks, making it easier for businesses to interact across different platforms.

Figment: Supporting Web 3 Ecosystem Growth

Figment is on a mission to support the adoption, growth, and long-term success of the Web 3 ecosystem. The startup, founded by Andrew Cronk, Lorien Gabel, and Matt Harrop, provides a range of blockchain-related services, including staking, node management, and developer tools.

Tailscale: Zero-Configuration VPNs for Secure Connectivity

Tailscale is a software company that provides zero-configuration virtual private networks (VPNs) for secure connectivity. Founded by Avery Pennarun, Brad Fitzpatrick, and David Carney, Tailscale’s platform makes it easy for businesses to create secure networks across multiple devices and locations.

Private AI: Privacy-Preserving Machine Learning and NLP

Private AI develops privacy-preserving machine learning and natural language processing tools, making privacy and GDPR compliance reliable. Founded by Gerald Penn, Patricia Thaine, and Pieter Luitjens, the startup is at the forefront of the push to create privacy-first AI solutions.

Carbide: SaaS Compliance for SMBs

Carbide provides a SaaS platform for SMBs to attain and maintain compliance with information security and privacy standards such as SOC2, HIPAA, GDPR, CCPA, ISO, and more. Founded by Darren Gallop and Laird Wilton, Carbide’s platform makes it easy for small businesses to meet their regulatory requirements.

Feroot Security: Protecting Web Application Code

Feroot Security platform protects the client-side javascript code of web applications against client-side attacks and compliance violations. Founded by Ivan Tsarynny and Vitaliy Lim, the startup provides advanced cybersecurity solutions for web applications.

Byos: Edge Microsegmentation for Remote Endpoints

Byos delivers an edge microsegmentation solution for better protecting and managing remote endpoints on untrusted networks. Founded by Matias Katz, Byos’ technology allows businesses to secure remote devices and protect against cyberattacks.

Qohash: Safeguarding Sensitive Data

Qohash finds, tracks, and safeguards the world’s most sensitive data. Founded by Dany Grimard and Jean Le Bouthillier, Qohash is a leader in the field of data protection, providing innovative solutions for businesses of all sizes. Discovering Cybersecurity-Related Issues is a computer software company that assists software developers in discovering cybersecurity-related issues. The startup provides advanced cybersecurity tools for developers to identify vulnerabilities in their code, helping them to create more secure software.

Quickpass: Privileged Access Management for MSPs

Quickpass is a privileged access management platform for managed service providers. The startup’s platform makes it easy for MSPs to manage access to critical systems and applications, ensuring the security of their clients’ data.

Source: Interoperable Data Management

Source is an interoperable data management layer of Web3. Founded by Addo Smajic, Alex Gogan, and David Turner, Source’s platform enables businesses to securely manage and share data across multiple platforms and networks.

TrojAI: Advancing Trustworthy AI

TrojAI helps global changemakers build a better world by advancing Trustworthy AI. Founded by James Stewart, the startup is developing innovative solutions for ensuring the ethical and safe use of AI technology.

Springdel: EdgeOps Platform for the Edge of Things

Springdel takes enterprise beyond cloud and device management with the world’s only EdgeOps platform purpose-built for the Edge of Things. Founded by Afzal Mawji and Calvin Chung, Springdel’s platform enables businesses to manage and secure their IoT devices and data.

aDolus Technology Inc.: Cloud Platform for Safeguarding Critical Infrastructure

aDolus provides a cloud platform to safeguard critical infrastructure, brokering information about ICS and IoT software and firmware. Founded by Billy Rios, Eric Byres, and Jonathan Butts, aDolus’ technology is a key player in the field of industrial cybersecurity.

ORNA: AI-driven SOAR Platform for SMBs

ORNA is an innovative AI-driven Security Orchestration, Automation, and Response (SOAR) platform for small and midsize businesses. Founded by Jana Krioukov, Logan Wolfe, and Martyn Gill, ORNA’s platform makes it easy for SMBs to manage and respond to security threats.


These 15 security startups are just a few examples of the innovative solutions being developed in Canada to protect against cyber threats. From blockchain and AI-driven solutions to advanced microsegmentation and compliance management platforms, these startups are making significant contributions to the global fight against cybercrime. As the digital landscape continues to evolve, we can expect to see even more exciting developments from Canada’s security startup ecosystem.

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Canada Venture News is a Canadian venture magazine that covers startups, business, technology, and innovation in Canada. The online publication provides news, insights, and resources for entrepreneurs, investors, and business professionals, featuring articles, interviews, and analysis of the latest trends and developments in the Canadian startup ecosystem.