Creative Destruction Lab (CDL)

AdeptMind Inc. is a Toronto-based company that specializes in developing a deep learning platform designed for online retailers, enhancing the way customers search for products. Founded in 2016, the company employs artificial intelligence and natural language processing to address the common issue of search results in e-commerce, enabling users to find products more effectively. AdeptMind's technology focuses on smart filtering and personalized search results, allowing customers to receive tailored recommendations based on their preferences without relying on third-party services. The platform's innovative approach to product discovery aims to transform the online shopping experience by aligning search functionalities with customer intent.

Private AI Inc., founded in 2017 and based in Toronto, Canada, specializes in developing privacy-preserving machine learning and natural language processing tools. The company focuses on enabling secure data analysis for developers by finding, redacting, and generating synthetic personally identifiable information (PII) within semi- and unstructured datasets. Private AI's technology boasts over 99.5% accuracy across more than 47 languages and 50 different entity types. Its platform operates as a Docker container within clients' existing infrastructure, ensuring that sensitive data remains on-site and is never shared externally. This approach allows organizations across various industries to analyze large datasets while maintaining user privacy and data security.

Multiverse Computing SL is a software development company based in San Sebastian, Spain, with an additional office in Toronto, Canada. Founded in 2019, the company specializes in creating quantum computing software that addresses complex financial and macro-economic challenges. Its products are tailored for various applications, including portfolio optimization, risk analysis, and market simulation. By leveraging probabilistic and nondeterministic technologies, Multiverse Computing aims to help organizations across diverse sectors such as banking, energy, manufacturing, and logistics navigate the complexities of the second quantum revolution, ultimately providing them with a competitive advantage in their respective industries.

Mayday Labs Inc. is a Toronto-based company that specializes in designing and developing wellness and productivity software solutions. Founded in 2018, the company focuses on creating an AI-assisted scheduling tool that helps users organize and optimize their time effectively. This tool analyzes how time is allocated across various activities and offers calendar management features, including automatic travel time scheduling. By providing personalized assistance and recommendations for daily time management, Mayday Labs aims to enhance productivity and adapt to changing schedules, enabling users to manage their time more efficiently.

Workwolf is a Toronto-based start-up focused on addressing significant challenges in the employment market, specifically applicant filtration and resume verification. Founded by Erik Simins, a subject matter expert in human resources, the company offers a blockchain and AI-driven background verification solution that allows candidates to create verified profiles while providing employers with detailed reports on candidate credentials. This technology aims to reduce resume fraud and streamline the hiring process, resulting in faster time-to-hire and fewer mis-hires. Workwolf has received three global awards for its innovation and market potential, and is currently preparing for a $4.5 million seed financing round to further its growth and development.

Revolve Surgical is a Toronto-based company founded in 2019 that is developing a unique surgical robot designed for use in a variety of operating environments, including the over one million abdominal surgeries conducted outside of hospitals in the United States. The company's robotic surgery platform employs a hybrid manual-robotic approach that eliminates the need for teleoperation, thereby reducing both the size and cost of traditional surgical robots. By simplifying design and operation, Revolve aims to enhance access to robotic surgery for patients and improve value-based care in the medical field.

Measure Protocol Limited develops a blockchain-based application designed to create a marketplace for person-based data. Founded in 2018 and headquartered in London, with additional offices in Silicon Valley, Toronto, and Chennai, the company addresses issues of fraud, privacy, and transparency in data collection. Through its platform, users can earn money by completing surveys and connecting various personal data sources, including location, health, and purchase history from online accounts. Measure Protocol provides verified, first-party consumer behavior insights, offering a solution to the accuracy and scalability challenges faced in modern digital advertising. This approach ensures that brands can effectively target genuine, high-intent consumers rather than relying on imprecise models.

Arma Biosciences is a developer of a sensor platform that monitors a multitude of physiological markers. The platform's sensing tips are compatible with saliva, blood, urine, sweat, and tears, and can be quickly developed to detect various health indications. It enables personalized health monitoring. Arma Biosciences' headquarters is based in Toronto, Ontario.

Ratio.City Inc. is a Toronto-based company founded in 2017 that specializes in online mapping and analysis tools for the real estate industry. Its platform enables real estate professionals to strategically identify and evaluate urban development opportunities, helping them unlock the full potential of various sites. The company offers three-dimensional building simulations that comply with city planning regulations, facilitating informed land valuations. This technology allows users to efficiently assess potential development locations and determine land values quickly, streamlining the decision-making process for real estate developers.

16 Bit Inc. is a Toronto-based company that specializes in developing medical image analysis systems, utilizing artificial intelligence to enhance diagnostic capabilities. The company is focused on creating a breast cancer screening triaging algorithm, as well as solutions for neurological emergency detection and pediatric bone age assessment. By leveraging its innovative software, 16 Bit aims to improve the quality, efficiency, and accessibility of healthcare, aiding physicians and radiologists in interpreting medical results more effectively.

BeatDapp is a technology company that specializes in music streaming software aimed at eliminating streaming fraud and ensuring fair compensation for artists. Founded in 2018 and headquartered in Vancouver, British Columbia, with additional offices in Los Angeles and Toronto, BeatDapp provides a SaaS-based platform that allows music labels and artists to accurately track their songs and collect royalties. Its innovative tracking system authenticates and validates media streamed in real-time, reducing discrepancies between Digital Service Providers and rights holders. This capability not only enhances royalty revenue for rights holders but also mitigates legal risks associated with royalty disputes. With a team of industry and technology veterans, BeatDapp is positioned to revolutionize the music industry by delivering transparent streaming data to a rapidly growing market of paid consumers.

CapIntel Inc. is a financial technology company based in Toronto, Canada, that specializes in developing an online platform designed to enhance financial advisory services. Founded in 2017, CapIntel's platform serves over 12,000 financial advisors and asset management sales teams across North America. It combines investment analytics with online collaboration and communication tools, facilitating seamless interactions between asset managers and advisors, as well as between advisors and their retail clients. The platform enables financial professionals to build client portfolios, compare performance, and easily create visually appealing proposals, thereby increasing sales and improving client experience. By empowering advisors with the tools they need to instill confidence in their clients regarding investments, CapIntel aims to elevate personal finance management and secure clients' financial futures.

Forcen Inc. is a Toronto-based company that develops and manufactures innovative force-sensing film technology for various applications, including surgical robotics, industrial robotics, and aerospace and defense. Founded in 2015, Forcen specializes in providing real-time force feedback, allowing users to accurately gauge the force applied during surgical procedures or industrial tasks. This technology can be seamlessly laminated onto medical devices and robotic systems, enhancing their performance and safety. By delivering precise data on force and torque, Forcen aims to improve operational efficiency and reduce complications in both medical and industrial environments.

Doorr Inc. is a company that designs and develops a digital mortgage platform aimed at simplifying the mortgage process for brokers, agents, and financial institutions. Founded in 2018 and based in Toronto, Canada, the platform facilitates seamless collaboration between brokers and their clients on various mortgage-related activities, including pre-approvals, refinances, and purchases. By providing a centralized location for document management and support, Doorr enhances efficiency and reduces barriers associated with data access and sharing. The platform also includes features like data visualization and customizable websites, digitizing the entire experience from the initial application to final approval. As of October 2020, Doorr operates as a subsidiary of D+H Limited Partnership.

Lunie is a non-custodial cryptocurrency platform based in Toronto, Ontario, designed for both mobile and web users. The platform specializes in staking and governance for proof-of-stake blockchains, facilitating the management of various networks. Lunie supports multiple proof-of-stake blockchains, including Cosmos, Polkadot, Kusama, and Terra, thereby enabling developers and users to engage with these ecosystems effectively.

QuantumSense is an artificial intelligence company founded in Canada and is a successful graduate of the first quantum machine learning track of the Creative Destruction Lab program in Toronto. It provides a top semantic search engine that works on the sentence level. This solution goes beyond the simple keyword search by encapsulating the meaning and structure of words in sentences to make efficient comparisons in meaning and search. This gives a much more accurate and faster search for ideas or text passages in documents or archives of any business smoothing the workflow and saving countless hours. The sentiment analysis can also be used together with the fundamental analysis in finance to analyze unstructured data to make better predictions. Another vertical is the insurance industry where our semantic search engine can automate and significantly speed up the insurance claims process of insurers.

INDUS.AI is a construction intelligence platform that provides real estate investors, owners, developers, and general contractors with real-time visibility and actionable insights into construction activities, productivity, and risks. Founded in 2017, the company operates offices in San Francisco and Toronto, serving clients across the United States, Canada, Hong Kong, and Brazil. INDUS.AI employs a cloud-based 3D computer vision platform that utilizes live video streams from secure IP cameras to identify inefficiencies on construction sites. This technology enables project managers and general contractors to optimize labor, equipment, and materials while offering real-time project controls to address over-billed charges and schedule discrepancies. By enhancing safety, efficiency, and transparency, INDUS.AI aims to transform construction site management and improve overall project outcomes.

Delphia Inc., based in Toronto, Canada, specializes in developing artificial intelligence-driven surveys that assist individuals in making informed decisions across various domains, including careers, education, finances, and health. Founded in 1993, the company emphasizes the importance of data in fostering capital formation and economic empowerment. Delphia creates products designed to incentivize the sharing of proprietary data, aiming to provide users with a competitive advantage in financial markets. By actively managing personal data, Delphia seeks to unlock innovative avenues for wealth creation for both individual and institutional investors.

AuroraQ is a quantum computing startup based in Toronto, Canada, founded in 2017. The company specializes in developing standardized and modular quantum components that integrate seamlessly with various quantum processor technologies, offering scalability and ease of entry into the quantum market. AuroraQ provides engineering analysis services, which include designing conducting quantum circuits, generating quantum equations for circuit operation, and analyzing the dissipation of quantum information under different environmental conditions. By selling directly to existing quantum computing companies, as well as academic and government customers, AuroraQ aims to facilitate the growth of the quantum computation industry and accelerate advancements in quantum technology.

Notch Therapeutics Inc. is an immune cell therapy company focused on developing gene-edited allogenic T cell therapies for cancer treatment. Based in Toronto, Canada, the company utilizes a proprietary platform for induced pluripotent stem cell (iPSC) technology that allows for precision control of Notch signaling, which is essential for T cell development. This innovative approach addresses critical limitations in cell therapy development, enabling the design and manufacture of a consistent and limitless supply of therapeutic T cells. Notch Therapeutics aims to provide targeted treatments for conditions such as non-Hodgkin lymphoma, leukemia, and multiple myeloma, facilitating advancements in the treatment of complex disease systems. Established in 2018, the company is positioned at the forefront of next-generation cancer therapies.

ProteinQure Inc. is a biotechnology company based in Toronto, Canada, founded in 2017. It specializes in the development and manufacturing of protein-based therapeutic drugs, focusing on the design of novel exotic peptides for a wide range of therapeutic applications. The company employs advanced technologies such as quantum computing, molecular simulations, and reinforcement learning to facilitate the engineering of novel therapeutics. By utilizing atomic-level simulations and artificial intelligence, ProteinQure aims to create dynamic peptides that effectively target specific disease pathways, potentially outperforming traditional drug delivery systems. The company’s innovative approach seeks to enhance drug discovery and design, offering new possibilities for treating previously untreatable conditions. ProteinQure prides itself on its diverse team, which integrates expertise from experimental and computational biology, machine learning, and software engineering to advance the field of drug development.

Untether AI Corporation, based in Toronto, Canada, specializes in manufacturing neural net-based inference processors and chips designed to enhance artificial intelligence applications. Established in 2017, the company focuses on developing a new class of specialized processors that minimize complexity while ensuring efficient neural net inference operations. By positioning processing capabilities close to memory, Untether AI's technology significantly reduces the energy required for inference tasks, which are crucial for devices such as augmented reality headsets and wearables. This innovative architecture not only maximizes inference output but also operates within strict energy budgets, making it highly suitable for various applications where traditional inference technologies may fall short. As the demand for efficient AI processing continues to grow, Untether AI is well-positioned to address these challenges with its scalable and resource-efficient solutions.

Brizi Inc. is a Canadian company that specializes in remote-control augmented reality camera systems, enabling fans to control cameras in venues such as stadiums, arenas, and auditoriums. Founded in 2014 and based in Toronto, Brizi offers technology that allows attendees to use their smartphones to capture live event moments and share them instantly on social media. This innovation not only enhances the fan experience but also provides venues with opportunities for monetization through real-time and social sharing applications. The company has formed a strategic alliance with Canon U.S.A., further solidifying its position as a leader in fan-controlled camera technology across various sports and entertainment venues worldwide.

CryptoNumerics Inc. is an enterprise software company based in Toronto, Canada, established in 2017. The company specializes in providing solutions that facilitate data analysis while ensuring privacy and compliance with regulations such as HIPAA and GDPR. Its primary offerings include CN-Fuse, which connects and maps decentralized datasets; CN-Shroud, which uses differential privacy techniques to balance re-identification risk and data quality; and CN-Insight, a tool for training machine learning models to predict adverse drug reactions across distributed datasets. By enabling the creation of privacy-protected datasets and allowing for the development of statistical and machine learning models without compromising intellectual property, CryptoNumerics addresses the challenges posed by data restrictions and helps organizations utilize their data more effectively. The company operates as a subsidiary of Snowflake Computing Inc. since July 2020.

Phenomic AI Inc. is a biotechnology company based in Toronto, Canada, founded in 2017. The company specializes in developing artificial intelligence solutions to enhance drug discovery and the creation of therapies for cancer. Its innovative platform utilizes AI, computer vision, and high-content screening to analyze phenotypes in complex disease models, such as high-content co-culture and three-dimensional assays. By focusing on the tumor stroma, Phenomic AI aims to optimize the discovery and development of new medicines, streamlining the process for pharmaceutical companies to identify potential drug candidates more effectively.

FleetOps, founded in 2014 and based in Toronto, Canada, operates a freight marketplace that connects brokers and shippers with truck drivers. The company has developed an application that automates the allocation of loads to drivers by utilizing data from telematics providers. This data offers insights into truck locations, typical routes, idle times, and driver behavior, which are analyzed through artificial intelligence and machine learning algorithms to determine optimal load assignments. FleetOps also provides a dashboard for trucking dispatchers, allowing them to monitor logistics and track freight movement efficiently. By integrating these capabilities, FleetOps aims to streamline the trucking operation process and enhance overall efficiency for its clients.

Wondereur Inc. operates a digital art platform that connects contemporary artists with potential buyers and art enthusiasts. Through its application for iPad and iPhone, the platform allows artists to share personal stories and insights about their creative processes, while photojournalists provide visual documentation of artists' environments. Additionally, the platform assists curators in identifying emerging talent and offers early-bird pricing for art acquisitions. Wondereur also analyzes various factors that influence an artist's market value, such as endorsements from galleries and publications, and generates intelligent indices that suggest price ranges and projected growth rates for contemporary artworks. Established in 2012 and headquartered in Toronto, Canada, Wondereur serves a diverse customer base across Europe, Asia, the United States, and Canada.

EnergyX Solutions Inc. is a technology company based in Toronto, Canada, specializing in energy management and conservation. Established in 2016, the company has developed a cloud-based energy management software platform that facilitates energy efficiency programs for utilities and energy retailers. Their online platform, "MyEnergyXpert," automates the energy audit process and engages customers by providing personalized recommendations through artificial intelligence. The platform helps identify potential energy savings, enroll customers, and track their progress in real-time, allowing program managers to monitor customer journeys and receive insights for future program design. By implementing its digitized energy efficiency solutions, EnergyX aims to significantly reduce global greenhouse gas emissions, promoting customized energy savings for homes and businesses.

Tread, Inc. is a Toronto-based company founded in 2016 that specializes in developing a platform for managing construction equipment services. The platform facilitates interaction among contractors, brokers, and operators, simulating a unified fleet experience. By leveraging data analytics, Tread enables construction companies to hire equipment-operating subcontractors effectively. Its software provides real-time recording and measurement of equipment usage, allowing clients to identify opportunities for cost savings and optimize operational efficiency in construction projects.

HelpWear Inc., founded in 2015 and based in Toronto, Canada, specializes in developing innovative home heart monitoring solutions aimed at enhancing at-home healthcare. The company focuses on creating affordable and accessible products tailored to the needs of patients and the requirements of the healthcare system. Its flagship device is a waterproof wearable that monitors cardiovascular health, detects heart attacks, and transmits real-time alerts to medical facilities through an embedded emergency contact system. This technology enables patients with heart conditions to receive timely support from healthcare professionals while keeping them informed about their health status and necessary checkups.

AmacaThera Inc. is a clinical-stage biotechnology company based in Toronto, Canada, established in 2016. The company focuses on developing and commercializing an injectable hydrogel technology designed to enhance drug delivery for various medical applications. This innovative platform aims to improve patient outcomes in areas such as post-surgical pain management, cancer treatment, and other challenging therapeutic targets. AmacaThera's technology features a fast-gelling material that transitions from a liquid to a gel under force, combining hyaluronan and methylcellulose. This unique formulation allows for localized and sustained drug delivery, ultimately assisting healthcare providers in effectively managing patients' pain following surgery.

Acorn Biolabs, Inc. is a biotechnology company based in Toronto, Canada, founded in 2017. The company specializes in providing a take-home human cell cryopreservation service that focuses on non-invasive, follicle-based cell collection methods. Acorn Biolabs aims to preserve healthy young cells for potential future use in regenerative treatments, including gene therapies and stem cell therapeutics. Its services are accessible directly to consumers through both at-home and in-clinic collections, and the company partners with various clinics and pharmacies to expand its reach across Canada.

WatrHub is a data and intelligence company that delivers predictive intelligence on infrastructure opportunities in the US and Canada. WatrHub is the only source of predictive market information on how, when, and why these water infrastructure investments will be made. Its AI engine transforms millions of public documents into actionable sales leads and market insights. Manufacturers subscribe to WatrHub to secure their next water utility clients and bring their advanced, efficient technologies to aging water infrastructure. It was founded in 2011 and is headquartered in Toronto, Canada.

WinterLight Labs Inc. is a Toronto-based company that specializes in developing a speech-based platform for detecting cognitive and mental diseases, including dementia and Alzheimer’s disease. Founded in 2015, the company utilizes artificial intelligence to analyze and quantify speech and language patterns, allowing for the accurate identification and monitoring of cognitive impairments. The platform can assess a person's cognitive, acoustic, and linguistic state from a brief one-minute speech sample, evaluating aspects such as lexical diversity, syntactic complexity, semantic content, and articulation. WinterLight Labs' technology has significant applications in clinical trials, long-term and primary care, and speech-language pathology, enabling healthcare professionals to track the progression of cognitive conditions effectively.

Sensassure is a company focused on enhancing incontinence care for seniors through innovative technology. Founded in 2013 and based in Toronto, Canada, Sensassure has developed the SmartPatch, a wearable sensor that attaches to the outside of adult briefs. This device allows caregivers to monitor when a resident may experience an episode of incontinence, facilitating timely interventions. By providing insights into wetness levels, the SmartPatch helps reduce costs associated with briefs and laundry while supporting residents in maintaining their dignity and skin integrity. Sensassure aims to improve the quality of life for elderly individuals by delivering personalized care solutions.

Kepler Communications Inc. specializes in satellite communications by designing, developing, and operating satellite infrastructure for space-based connectivity. The company focuses on creating a network of Low-Earth Orbit satellites that facilitate communication for various applications, including connecting space stations and devices. Its offerings include PolarConnect, which allows organizations in extreme environments to maintain global connectivity, and the Global Data Service, a high-bandwidth solution for transferring large data files from remote locations to the internet. Kepler is also developing everywhereIOT, a solution aimed at providing reliable, low-power connectivity for Internet of Things devices worldwide. Established in 2015 and headquartered in Toronto, Canada, Kepler serves diverse industries such as maritime, natural resources, research, defense, and logistics, positioning itself as a leader in addressing connectivity challenges in both terrestrial and space environments.

Algocian Inc. is a Toronto-based company founded in 2015 that specializes in developing image recognition video analytics software. The company's technology enables real-time person detection for various applications, particularly in the security and automotive sectors. By utilizing advanced image recognition capabilities, Algocian aims to enhance video monitoring systems, making them more effective and responsive. The software is designed to work with both digital and analog cameras, broadening its applicability across different types of surveillance and monitoring environments.

Sesame HQ Inc., based in Toronto, Canada, offers a web-based software application designed for teachers and students in Kindergarten through Grade 12. The platform enables educators to document observations, conversations, and student work, facilitating the tracking of student progress through various formats, including photos, videos, and audio recordings via the Sesame Snap app. Teachers can collaboratively plan lessons, provide feedback through rubrics and checklists, and maintain personalized learning portfolios for each student. These portfolios contain tangible evidence of learning and can be shared with parents and other educators, enhancing visibility into each student's educational journey. Sesame's application is particularly useful in project-based learning and performance-oriented fields such as the arts and culinary training.

PetBot Inc., founded in 2013 and based in Toronto, Canada, specializes in developing a pet care and monitoring system that utilizes internet-connected devices and cloud-based applications. As a subsidiary of Petcube, Inc., PetBot offers a compact and refillable device that allows pet owners to connect with their pets from anywhere. The device is wall-mountable, wifi compatible, and does not require batteries, making it user-friendly. Pet owners can customize audio greetings, remotely feed their pets, and capture photos and videos, enabling them to provide care and interaction even when they are away. This innovative approach enhances the pet ownership experience by ensuring pets receive attention and care, regardless of their owners' physical presence.

Kiwi is the world leader in motion recognition technology. With Kiwi's dead simple motion recognition platform, you can get your products tracking motions in literally a matter of minutes. Capture, analyze and improve anything: any motion, on any device, with any sensor. Based in Toronto, Canada, Kiwi's team works diligently to solve the ambiguous motions that surround us. By categorizing and analyzing motions, you can do anything from a simple repetition count in the gym, to analyzing safety metrics in a factory. The options are endless, reach out to us to find out how your products could benefit from motion recognition.

Instant Chemistry is a biotechnology company that uses personal genomics to determine compatibility for singles and couples. The company’s platform employ psychological compatibility tests, as well as a tool to improve the chances that singles will find their perfect match. Instant Chemistry was founded by Ron Gonzalez and Sara Seabrooke in 2013 and is based in Toronto, Ontario.

PUSH Design Solutions Inc. is a technology company based in Toronto, Canada, founded in 2013. It specializes in designing and developing workout performance monitoring solutions, primarily through its PUSH Band 2.0, a wristband that tracks workout data from both the body and exercise equipment. The company offers an online portal that enables users to organize their workouts, training programs, and store their performance data. PUSH operates under two brands: PUSH Pro, which provides solutions for professional sports, wellness, and military sectors, allowing coaches and trainers to schedule and analyze user performance remotely; and PUSH Athlete, which aims to enhance the fitness experience by integrating traditional equipment with advanced technology, offering features such as coaching, data analysis, and community engagement.

Nymi Inc. is a Toronto-based company that specializes in wearable biometric devices, particularly the Nymi Band, which utilizes proprietary HeartID technology to authenticate users based on their unique electrocardiogram. Founded in 2011 and rebranded from Bionym Inc. in December 2014, Nymi aims to facilitate digital transformation in various sectors, including life sciences, healthcare, manufacturing, and financial services. The company offers a connected worker platform designed to enhance workplace safety, security, productivity, and data integrity by integrating human users with their digital environments. Nymi also provides a mobile application for Android to activate their wearable devices and sells the Nymi Bands online. Recognized for its positive workplace culture, Nymi was awarded one of the Best Workplaces in Canada in 2019 for companies with fewer than 100 employees.