Top 10 Startups in Montreal
Montreal is one of the great cities in Canada, with hundreds of startups thriving in the industry and boosting the local economy. Read Here!
Top 10 Startups in Montreal
Montreal is one of the most beautiful cities in Canada, boasting diverse cultures and mesmerizing sights. However, it is also home to hundreds of companies, including small and large enterprises.
Although startups in Montreal are small businesses, they play a critical role in Canada’s economic growth and development. Here are the top ten startups to consider in Montreal. Read on!
1. BrainBox AI
Brainbox AI, Montreal, has the prestigious title of being recognized by TIME magazine as one of the best companies in Canada. The company’s product is a structure that uses self-adaptive artificial intelligence to improve a building’s energy consumption, helping users save money and combat climate change.
Brainbox AI boasts a 20% to 40% reduction in consumer carbon emissions and a 25% reduction in energy costs. Additionally, it enables the autonomous operation of air conditioning systems based on weather conditions.
2. Algolux
Algolux is a leading Montreal startup that provides automation services using machine learning for all image processing computer systems. The company aims to improve the quality of image and video systems in all industrial sectors. It has become one of Montreal’s top startups with its exciting services.
3. Livescale
Livescale brings technology that has been successful in other regions to the West, and since 2016, the Montreal-based company has made a name for itself as the premier service.
The primary reason is that it combines e-commerce and live streaming. Livescale’s product is a platform that helps brands connect with consumers across different media platforms and facilitate the sale of their products through live streaming.
4. Dialogue
Dialogue has achieved outstanding results in its first five years of existence. The Montreal-based startup has a noble goal: to reduce barriers to quality health care in Canada. Telemedicine is one of the fastest-growing areas to achieve this goal.
Dialogue connects remote partners with vital health care services. The primary objective of this company is to facilitate health organizations and streamline their operations in harsh situations and events, such as the Covid-19 pandemic.
5. Hopper
Hopper, a travel app that uses data-driven insights to help plan trips, is a Montreal-based startup founded in 2007 by Joost Ouwerkerk, Frederic Lalonde, and Sebastien Rainville. Hopper is one of the Montreal startups to consider in 2022. The company has made substantial efforts to boost Canada’s tourism industry and economy during the Covid-19 pandemic.
6. Busbud
Busbud is a Montreal startup that provides an online booking platform for intercity bus travel. Busbud and its services have made paper bus timetables and itineraries obsolete and are just a click away from its platform. It works with about 1,400 bus companies in more than 15,000 cities worldwide. It operates in 75 countries and offers a wide range of currency options.
7. Lightspeed
Lightspeed is a state-of-the-art retail platform that integrates inventory management, on-demand reporting, customer management, e-commerce, and other services. The purpose is to drive sales and manage your store. Currently, the company has more than 25,000 customers in over 30 countries.
8. LANDR
LANDR is a cloud-based automated mastering service that allows users to upload audio tracks in various formats and have them digitally mastered instantly by artificial intelligence algorithms.
It democratizes the mastering process and delivers audio results comparable to professional studio work in minutes. Thus, it is one of the best startups in Montreal for music enthusiasts.
9. Concentric
Concentric is an ag-tech startup developing safe Phyto nutritional products using patented microbial consortium technology. The Montreal-based startup has closed 2021 by raising $9.5 million, making it the best company.
10. Wavo
Wavo is a music industry startup born out of Montreal’s creative and vibrant arts scene. The company works at the intersection of artificial intelligence, music, and marketing analytics in music marketing. Wavo’s platform is specifically designed for professionals in the music industry, offering products/services that support aspects such as business intelligence and marketing automation.
Final Words
These Montreal-based startup companies play a significant role in the city’s development and growth, driving millions. Startups in Montreal are innovation centers, creating employment opportunities for locals and people coming to Montreal from abroad. Until Next Time!
- Article based on personal opinion, experience and research.
- Photos from Unsplash & canva.
