{"id":7711,"date":"2025-06-13T14:08:45","date_gmt":"2025-06-13T18:08:45","guid":{"rendered":"https:\/\/montrealtips.com\/2025\/06\/13\/top-10-montreal-based-ai-startups-to-watch\/"},"modified":"2026-05-15T11:21:36","modified_gmt":"2026-05-15T15:21:36","slug":"top-10-montreal-based-ai-startups-to-watch","status":"publish","type":"post","link":"https:\/\/montrealtips.com\/fr\/2025\/06\/13\/top-10-montreal-based-ai-startups-to-watch\/","title":{"rendered":"Top 10 Montreal AI Startups to Watch (2026)"},"content":{"rendered":"<div class=\"mtl-tldr\" style=\"font-family:-apple-system,BlinkMacSystemFont,sans-serif;max-width:760px;margin:24px auto 0;padding:20px 24px;background:#eff6ff;border:1px solid #bfdbfe;border-left:5px solid #2563eb;border-radius:12px;color:#0b1f3a\"><strong style=\"font-size:14px;text-transform:uppercase;letter-spacing:0.5px;color:#2563eb\">Quick answer \u00b7 10 AI startups \u00b7 world-class<\/strong><h2 style=\"margin:8px 0 10px;font-size:22px;color:#0b1f3a\" id=\"top-10-montreal-ai-startups-2026\">Top 10 Montreal AI startups (2026)<\/h2><p style=\"margin:0;color:#1e293b;font-size:16px;line-height:1.6\"><strong>Top 3:<\/strong> Cohere (LLMs, ~$5.5B), Element AI legacy (now ServiceNow MTL), Hopper (travel ML).<br><strong>Engine:<\/strong> Mila \u2014 the world&#8217;s largest deep-learning institute.<br><strong>Big-tech presence:<\/strong> Google Brain, Meta FAIR, Microsoft Research, Samsung AI.<\/p><\/div>\n<div class=\"mtl-topcta\" style=\"font-family:-apple-system,BlinkMacSystemFont,sans-serif;max-width:760px;margin:18px auto 22px;padding:18px 22px;background:#fffbeb;border:1px solid #fde68a;border-left:5px solid #f59e0b;border-radius:12px;color:#0b1f3a;line-height:1.55\"><p style=\"margin:0 0 8px;font-size:15px\"><strong>&#x1f4a1; Insider tip:<\/strong> Quebec&#8217;s SR&#038;ED + provincial R&#038;D tax credit stack can rebate up to 80% of eligible AI R&#038;D costs. That&#8217;s why Cohere, Microsoft Research, Meta, and Samsung all have major Montreal teams despite higher US salaries.<\/p><p style=\"margin:0 0 10px;font-size:14px;color:#475569\"><strong>&#x2728; Best for:<\/strong> AI engineers, investors, founders evaluating where to base.<\/p><a href=\"https:\/\/mila.quebec\" target=\"_blank\" rel=\"noopener\" style=\"display:inline-block;background:#16a34a;color:#fff;padding:9px 16px;border-radius:6px;text-decoration:none;font-weight:600;font-size:14px;margin-top:4px\">Explore Mila \u2192<\/a><\/div>\n<\n\n\n<div class=\"mtl-toc\" style=\"font-family:-apple-system,BlinkMacSystemFont,sans-serif;max-width:760px;margin:18px auto;padding:16px 20px;background:#f9fafb;border:1px solid #e5e7eb;border-radius:10px;color:#0b1f3a\"><h3 style=\"margin:0 0 10px;font-size:16px;color:#0b1f3a\">&#x1f4cd; In this article<\/h3><ol style=\"margin:0;padding:0 0 0 20px;font-size:15px;line-height:1.7\"><li style=\"margin-bottom:6px\"><a href=\"#top-10-montreal-ai-startups-2026\" style=\"color:#2563eb;text-decoration:none\">1. Top 10 Montreal AI startups (2026)<\/a><\/li><li style=\"margin-bottom:6px\"><a href=\"#the-10-to-watch\" style=\"color:#2563eb;text-decoration:none\">2. &#x1f916; The 10 to watch<\/a><\/li><li style=\"margin-bottom:6px\"><a href=\"#why-montreal\" style=\"color:#2563eb;text-decoration:none\">3. &#x1f30e; Why Montreal is an AI hub<\/a><\/li><li style=\"margin-bottom:6px\"><a href=\"#hiring\" style=\"color:#2563eb;text-decoration:none\">4. &#x1f4bc; Hiring + salaries<\/a><\/li><\/ol><\/div>\n\n\n!&#8211; wp:paragraph &#8211;><p>Montreal is one of the world&#8217;s top three AI research hubs (Mila ranks #1 globally for academic AI publications). Below: the 10 startups and labs worth watching, plus what drives the ecosystem.<\/p><!-- \/wp:post-content -->\n<!-- wp:html --><div style=\"font-family:-apple-system,BlinkMacSystemFont,sans-serif;max-width:760px;margin:30px auto;overflow-x:auto\"><h2 style=\"margin:0 0 14px;font-size:24px;color:#0b1f3a\" id=\"the-10-to-watch\">&#x1f916; The 10 to watch<\/h2><table style=\"width:100%;border-collapse:collapse;font-size:14px;min-width:640px\"><thead><tr style=\"background:#0b1f3a;color:#fff\"><th style=\"padding:10px 8px;border:1px solid #1e293b;text-align:left\">Company<\/th><th style=\"padding:10px 8px;border:1px solid #1e293b;text-align:left\">Focus<\/th><th style=\"padding:10px 8px;border:1px solid #1e293b;text-align:left\">Stage \/ size<\/th><\/tr><\/thead><tbody>\n<tr><td style=\"padding:10px 8px;border:1px solid #e2e8f0\"><strong>Cohere<\/strong><\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Enterprise LLMs, RAG<\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">~$5.5B valuation<\/td><\/tr>\n<tr style=\"background:#f9fafb\"><td style=\"padding:10px 8px;border:1px solid #e2e8f0\"><strong>ServiceNow Montreal<\/strong><\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Enterprise AI (ex-Element AI)<\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Public<\/td><\/tr>\n<tr><td style=\"padding:10px 8px;border:1px solid #e2e8f0\"><strong>Hopper<\/strong><\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Travel ML, pricing<\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Late-stage, profitable<\/td><\/tr>\n<tr style=\"background:#f9fafb\"><td style=\"padding:10px 8px;border:1px solid #e2e8f0\"><strong>Lightspeed Commerce<\/strong><\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Retail AI + payments<\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Public (TSX, NYSE)<\/td><\/tr>\n<tr><td style=\"padding:10px 8px;border:1px solid #e2e8f0\"><strong>AlayaCare<\/strong><\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Home healthcare AI<\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Series D+<\/td><\/tr>\n<tr style=\"background:#f9fafb\"><td style=\"padding:10px 8px;border:1px solid #e2e8f0\"><strong>Optina Diagnostics<\/strong><\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Retinal imaging AI<\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Series B<\/td><\/tr>\n<tr><td style=\"padding:10px 8px;border:1px solid #e2e8f0\"><strong>BIOS Health<\/strong><\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Neural interface<\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Series A<\/td><\/tr>\n<tr style=\"background:#f9fafb\"><td style=\"padding:10px 8px;border:1px solid #e2e8f0\"><strong>Imagia<\/strong><\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Healthcare AI<\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Mid-stage<\/td><\/tr>\n<tr><td style=\"padding:10px 8px;border:1px solid #e2e8f0\"><strong>Trax Retail<\/strong><\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Retail image AI<\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Pre-IPO<\/td><\/tr>\n<tr style=\"background:#f9fafb\"><td style=\"padding:10px 8px;border:1px solid #e2e8f0\"><strong>Stradigi AI<\/strong><\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Enterprise AI platform<\/td><td style=\"padding:10px 8px;border:1px solid #e2e8f0\">Growth-stage<\/td><\/tr>\n<\/tbody><\/table><\/div><!-- \/wp:html -->\n<!-- wp:heading --><h2 id=\"why-montreal\">&#x1f30e; Why Montreal is an AI hub<\/h2><!-- \/wp:heading -->\n<!-- wp:list --><ul><li><strong>Mila<\/strong> \u2014 world&#8217;s largest deep-learning research institute, founded by Yoshua Bengio<\/li><li><strong>R&#038;D tax stack<\/strong> \u2014 SR&#038;ED + provincial credits cut R&#038;D costs 30-80%<\/li><li><strong>Universities<\/strong> \u2014 McGill, U de M, Polytechnique produce ~2,000 AI grads\/year<\/li><li><strong>Big-tech labs<\/strong> \u2014 Google Brain, Meta FAIR, Microsoft Research, Samsung all have MTL offices<\/li><li><strong>Lower cost<\/strong> \u2014 engineer salaries 30-40% below SF, but talent quality matches<\/li><\/ul><!-- \/wp:list -->\n<!-- wp:heading --><h2 id=\"hiring\">&#x1f4bc; Hiring + salaries<\/h2><!-- \/wp:heading -->\n<!-- wp:html --><div style=\"font-family:-apple-system,BlinkMacSystemFont,sans-serif;max-width:760px;margin:18px auto\"><table style=\"width:100%;border-collapse:collapse;font-size:14px\"><thead><tr style=\"background:#f1f5f9\"><th style=\"padding:10px;border:1px solid #e2e8f0\">Role<\/th><th style=\"padding:10px;border:1px solid #e2e8f0\">Salary range (CAD)<\/th><\/tr><\/thead><tbody>\n<tr><td style=\"padding:10px;border:1px solid #e2e8f0\">ML Engineer<\/td><td style=\"padding:10px;border:1px solid #e2e8f0\">$120K-$200K<\/td><\/tr>\n<tr><td style=\"padding:10px;border:1px solid #e2e8f0\">Applied Research Scientist (PhD)<\/td><td style=\"padding:10px;border:1px solid #e2e8f0\">$150K-$280K<\/td><\/tr>\n<tr><td style=\"padding:10px;border:1px solid #e2e8f0\">AI Product Manager<\/td><td style=\"padding:10px;border:1px solid #e2e8f0\">$140K-$210K<\/td><\/tr>\n<tr><td style=\"padding:10px;border:1px solid #e2e8f0\">Mila Research Resident<\/td><td style=\"padding:10px;border:1px solid #e2e8f0\">Stipend + equity<\/td><\/tr>\n<\/tbody><\/table><\/div><!-- \/wp:html -->\n<!-- wp:html --><div class=\"mtl-related\" style=\"font-family:-apple-system,BlinkMacSystemFont,sans-serif;max-width:760px;margin:30px auto;padding:20px 24px;background:#f7f9fc;border:1px solid #e3e8ef;border-radius:12px\"><h3 style=\"margin:0 0 10px;font-size:18px;color:#0b1f3a\">Related<\/h3><ul style=\"margin:0;padding-left:20px;color:#1e293b;font-size:15px\"><li style=\"margin-bottom:6px\"><a href=\"\/top-10-montreal-founders-under-35\/\" style=\"color:#2563eb\">Top 10 founders under 35<\/a><\/li><li style=\"margin-bottom:6px\"><a href=\"\/top-10-places-to-meet-like-minded-entrepreneurs-in-montreal\/\" style=\"color:#2563eb\">Where to network<\/a><\/li><li style=\"margin-bottom:6px\"><a href=\"\/top-10-montreal-companies-supporting-sustainability\/\" style=\"color:#2563eb\">Top sustainability companies<\/a><\/li><li style=\"margin-bottom:6px\"><a href=\"\/best-executive-coaches-in-montreal-quebec-2025\/\" style=\"color:#2563eb\">Best executive coaches<\/a><\/li><\/ul><\/div><!-- \/wp:html -->\n<!-- wp:html --><div class=\"mtl-faq\" style=\"font-family:-apple-system,BlinkMacSystemFont,sans-serif;max-width:760px;margin:36px auto;padding:24px;background:#f7f9fc;border:1px solid #e3e8ef;border-radius:12px\"><h2 style=\"margin:0 0 18px;font-size:22px;color:#0b1f3a\" id=\"frequently-asked-questions\">Frequently asked questions<\/h2>\n<div style=\"margin-bottom:16px;padding:14px 18px;background:#fff;border-left:4px solid #2563eb;border-radius:6px\"><h3 style=\"margin:0 0 6px;font-size:17px;color:#0b1f3a\">Top AI startups in Montreal?<\/h3><p style=\"margin:0;color:#1e293b;font-size:15px;line-height:1.55\">Cohere, ServiceNow Montreal (ex-Element AI), Hopper, Lightspeed, AlayaCare, Optina Diagnostics, BIOS Health, Imagia, Trax Retail, Stradigi AI.<\/p><\/div>\n<div style=\"margin-bottom:16px;padding:14px 18px;background:#fff;border-left:4px solid #2563eb;border-radius:6px\"><h3 style=\"margin:0 0 6px;font-size:17px;color:#0b1f3a\">Why is Montreal an AI hub?<\/h3><p style=\"margin:0;color:#1e293b;font-size:15px;line-height:1.55\">Mila (world&#8217;s largest deep-learning institute), Quebec R&#038;D tax credits up to 80%, universities producing 2,000 AI grads\/year. Google Brain, Meta FAIR, Microsoft Research, Samsung all have Montreal labs.<\/p><\/div>\n<div style=\"margin-bottom:16px;padding:14px 18px;background:#fff;border-left:4px solid #2563eb;border-radius:6px\"><h3 style=\"margin:0 0 6px;font-size:17px;color:#0b1f3a\">Is Montreal the AI capital of Canada?<\/h3><p style=\"margin:0;color:#1e293b;font-size:15px;line-height:1.55\">Yes by research output. Mila ranks #1 globally for academic AI publications per capita. Toronto rivals on total VC volume but Montreal leads on depth of talent and big-tech research labs.<\/p><\/div>\n<div style=\"margin-bottom:16px;padding:14px 18px;background:#fff;border-left:4px solid #2563eb;border-radius:6px\"><h3 style=\"margin:0 0 6px;font-size:17px;color:#0b1f3a\">Who founded Cohere?<\/h3><p style=\"margin:0;color:#1e293b;font-size:15px;line-height:1.55\">Aidan Gomez (co-author of &#8220;Attention Is All You Need&#8221;), Ivan Zhang, Nick Frosst. Headquartered in Toronto with major Montreal operations. ~$5.5B valuation in 2024.<\/p><\/div>\n<div style=\"margin-bottom:16px;padding:14px 18px;background:#fff;border-left:4px solid #2563eb;border-radius:6px\"><h3 style=\"margin:0 0 6px;font-size:17px;color:#0b1f3a\">Are AI startups hiring in Montreal?<\/h3><p style=\"margin:0;color:#1e293b;font-size:15px;line-height:1.55\">Yes, sector grew 30%+ YoY through 2024-2025. ML engineers $120K-$200K. Research scientists with PhDs $150K-$280K. Bilingualism not mandatory at most AI-focused startups.<\/p><\/div><\/div><!-- \/wp:html -->\n<!-- wp:html --><div class=\"mtl-sources\" style=\"font-family:-apple-system,BlinkMacSystemFont,sans-serif;max-width:760px;margin:20px auto;padding:14px 20px;background:#fff;border-top:1px solid #e2e8f0;color:#475569;font-size:13px;line-height:1.5\"><p style=\"margin:0 0 6px\"><strong>Reviewed by:<\/strong> Montreal Tips editorial team \u00b7 <strong>Last updated:<\/strong> May 13, 2026<\/p><p style=\"margin:0\"><strong>Sources:<\/strong> PitchBook, Mila, Crunchbase Montreal AI dataset.<\/p><\/div><!-- \/wp:html -->\n<!-- wp:html --><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Top AI startups in Montreal?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Cohere, ServiceNow Montreal, Hopper, Lightspeed, AlayaCare, Optina, BIOS Health, Imagia, Trax Retail, Stradigi AI.\"}},{\"@type\":\"Question\",\"name\":\"Why is Montreal an AI hub?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mila world's largest deep-learning institute, Quebec R&D tax credits, universities producing 2,000 AI grads\/year, big-tech labs.\"}},{\"@type\":\"Question\",\"name\":\"Is Montreal the AI capital of Canada?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes by research output. 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