Creative Destruction Lab (CDL)

AdeptMind is a Toronto-based SaaS company that develops an AI-powered e-commerce product discovery and search platform. Founded in 2016, it uses deep learning and natural language processing to deliver personalized search results and smart filtering, helping online retailers reduce no-result searches. The platform collects data across all products to power recommendations without requiring third-party search tools, and it targets shopping center marketplaces and e-commerce product discovery.

Founded in 2019 with headquarters in San Sebastian, Spain, Multiverse Computing develops quantum computing software tailored to solve complex real-world challenges. Its software leverages probabilistic technology for portfolio optimization, risk analysis, and market simulation, serving clients across industries such as finance, energy, manufacturing, and logistics.

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 startup that develops software to streamline hiring by filtering applicants and verifying resumes. Its CEO, Erik Simins, previously founded MAGNUS HRS, a staffing firm that now serves over 150 enterprise customers. Workwolf’s platform uses blockchain and AI to provide up‑to‑date background verification, producing detailed reports for employers and allowing candidates to create verified profiles. The solution reduces manual effort, shortens time‑to‑hire, and lowers the risk of mis‑hiring. The company has earned three global innovation awards and is preparing for a $4.5 million seed financing round.

Revolve Surgical is a Toronto, Ontario-headquartered company developing a robotic surgery platform designed to enable robotic procedures across a broader range of operating rooms and to advance value-based care. The hybrid manual-robotic system eliminates teleoperation and seeks to reduce the size, cost, and training required by current robotic devices, expanding access to robotic surgery for patients. The technology targets abdominal surgeries performed outside traditional hospital settings, aiming to bring the benefits of surgical robotics to more care settings in the United States.

Measure Protocol Limited is a London-based company established in 2018, with additional offices in Silicon Valley, Toronto, and Chennai. It develops a blockchain-powered application that serves as a marketplace for personal data, addressing concerns related to fraud, privacy, transparency, and consumer engagement. The application enables users to earn compensation for completing surveys and to connect various personal data sources, including location, health, and purchase history from online accounts. By providing verified, first-party consumer behavior insights, Measure Protocol aims to overcome the accuracy and scalability challenges faced by modern digital advertising. Its deterministic panel offers high-fidelity behavioral insights, ensuring that brands target genuine high-intent consumers instead of relying on inferred data, thereby enhancing the effectiveness of marketing strategies.

Arma Biosciences develops a sensor platform for continuous monitoring of a wide range of physiological markers. The platform uses sensing tips compatible with saliva, blood, urine, sweat, and tears and can be rapidly developed to detect diverse health indications, including cardiac biomarkers such as BNP, CRP, and Cardiac Troponin, enabling individuals to access real-time information about their health status. The company is headquartered in Toronto, Ontario.

Ratio.City is a Toronto-based developer of an online mapping and analysis platform for real estate development. The platform enables users to identify potential development locations and to model 3D building massing for low-, mid-, and high-rise scenarios while incorporating city planning regulations to inform land valuations. By generating a three-dimensional building simulation, it helps real estate professionals strategically identify sites that fit target markets and quickly assess land value. The company focuses on providing tools and data to evaluate development opportunities efficiently. Founded in 2017, Ratio.City serves the real estate industry.

CapIntel Inc. is a financial technology company based in Toronto, Canada, founded in 2017. It develops an online platform designed to enhance financial advisory services, utilized by over 12,000 financial advisors and asset management sales teams across North America. The platform integrates investment analytics with collaborative tools, facilitating better communication between asset managers and advisors, and improving the overall client experience. By enabling financial advisors to build client portfolios, compare fund performance, and create easily comprehensible proposals, CapIntel enhances advisors' confidence in communicating investment options to their clients. The company's solutions aim to increase sales for both advisors and asset managers, positioning CapIntel as a leading sales platform in the financial advisory sector.

BeatDapp is a music technology company that provides streaming fraud detection and data integrity solutions for the music industry. The platform authenticates and validates media streamed in real time to reduce discrepancies between digital service providers and rights holders, helping labels, artists, and distributors ensure fair compensation and lower audit costs. With offices in Vancouver, Los Angeles, and Toronto, BeatDapp serves streaming services, labels, collection societies, creator tools, and distributors by delivering accurate streaming data and insights to combat fraud and improve royalty reporting.

Forcen develops and manufactures force-sensing film for various industries, including surgical robotics, industrial robotics, and aerospace. Its film can be integrated into parts or assemblies of devices in these sectors, providing real-time force feedback. Founded in 2015, the company is headquartered in Toronto, Canada.

Doorr Inc. is a Toronto-based company founded in 2018 that specializes in developing application software for the mortgage industry. The company offers a digital mortgage platform designed to streamline the mortgage process for brokers, agents, and financial institutions. This platform facilitates collaboration between brokers and their clients, providing tools for managing pre-approvals, refinances, and purchases in a centralized location. By digitizing the entire mortgage experience—from document management to deal funding—Doorr enhances efficiency and improves visibility throughout the application and approval process. Its solutions also include data visualization and customizable websites, allowing agents to better serve their clients and navigate the complexities of the mortgage market.

Lunie is a non-custodial cryptocurrency platform based in Toronto, Ontario, designed for both mobile and web use. The company focuses on staking and governance for proof-of-stake blockchains, providing developers with support across various networks, including Cosmos, Polkadot, Kusama, and Terra. Lunie's mission is to facilitate the growth and management of these blockchain ecosystems, emphasizing user control and security in cryptocurrency transactions.

Founded in Toronto in 2018, Grain Discovery operates an online marketplace that leverages blockchain technology to facilitate efficient, transparent, and secure transactions between farmers and buyers. Its platform offers tools for instant bids, contract finalization, ERP integration, CRM consolidation, and traceability solutions, enabling agricultural supply chain verticals to manage operations more efficiently.

INDUS.AI is a construction intelligence platform that provides real-time visibility into construction sites for real estate investors, owners, developers, and general contractors. The platform uses live video from secure cameras to identify inefficiencies, monitor productivity, and surface risks, enabling project teams to optimize labor, equipment, and materials, reconcile over-billed charges, and adjust schedules. It aims to improve safety, efficiency, and transparency on projects. Founded in 2017, INDUS.AI has offices in San Francisco and Toronto and serves clients in the United States, Canada, Hong Kong, and Brazil.

Delphia Inc. is a Toronto-based company, incorporated in 1993, that specializes in developing artificially intelligent surveys designed to assist individuals in making informed decisions regarding careers, education, finances, and health. The company emphasizes the importance of data in fostering capital formation and economic empowerment. Delphia creates products that encourage 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 opportunities for wealth creation for both individual and institutional investors.

AuroraQ is a quantum computing startup based in Toronto, Canada, founded in 2017, that develops standardized and modular quantum components designed to integrate with a range of quantum processor technologies and scale with customer needs. The company sells its modular components to existing quantum computing companies as well as academic and government customers, enabling easier access to quantum capabilities and broader market participation. In addition, AuroraQ offers engineering services for superconducting quantum processors, including designing and running quantum circuits, deriving the equations that describe time evolution, analyzing parasitic dissipation of quantum information, and simulating circuit behavior under varying environmental conditions, helping customers advance quantum computing development.

Notch Therapeutics is a Toronto-based company developing immune cell therapies using induced pluripotent stem cell technology to create gene-edited allogeneic T cells. Its platform enables precise control of Notch signaling during T-cell development, enabling scalable manufacture of a uniform supply of therapeutic T cells for cancer indications such as non-Hodgkin lymphoma, leukemia, and multiple myeloma. The approach aims to overcome bottlenecks in cell therapy development by integrating advanced product design with commercially compatible processes, supporting a next-generation pipeline of cell therapies.

ProteinQure is a biotechnology company focused on designing novel exotic peptides with broad therapeutic applications. It leverages quantum computing, atomic-level simulations, reinforcement learning, and artificial intelligence to engineer dynamic peptide therapeutics and to design protein structures with efficiency. The company provides structure determination, protein design, and property determination to enable drug discovery and design. Founded in 2017, ProteinQure is based in Toronto, Canada.

Founded in 2014, Brizi develops remote-control augmented reality camera systems that automate and monetize fan content. It serves real-time sharing, social sharing, brand messaging, and end-to-end control applications for indoor and outdoor venues globally.

CryptoNumerics Inc. is an enterprise software company based in Toronto, Canada, founded in 2017. The company specializes in solutions that facilitate data privacy and security in compliance with regulations such as HIPAA and GDPR. Its flagship products include CN-Fuse, which identifies key intersections across decentralized datasets; CN-Shroud, which balances re-identification risk and data quality through differential privacy and anonymization; and CN-Insight, which enables the training of machine learning models to predict adverse drug reactions. By allowing organizations to create privacy-protected datasets and build statistical models while safeguarding intellectual property, CryptoNumerics empowers data owners to leverage machine learning in a distributed manner, enhancing insights and operational efficiency while minimizing costs and risks. As of July 2020, CryptoNumerics operates as a subsidiary of Snowflake Computing Inc.

Wondereur Inc. is a digital art platform based in Toronto, Canada, founded in 2012. The company offers the Wondereur application for iPad and iPhone, which allows contemporary artists to share personal narratives and insights about their creative processes. Additionally, the platform features photojournalists who document artists' daily lives with visually striking imagery from studios and urban environments. Wondereur also aids curators in identifying emerging talent and acquiring art at favorable prices. The platform provides real-time intelligence on the art market, analyzing various factors that influence an artist's long-term market value, including endorsements from galleries, publications, and prevailing art movements. This analysis results in intelligent indices that suggest price ranges and projected growth rates for contemporary artworks, serving customers across Europe, Asia, the United States, and Canada.

Founded in 2017, Phenomic AI is a Toronto-based company that develops artificial intelligence-driven drug discovery platforms. Its technology analyzes phenotypes in complex disease models like high-content co-culture and 3D assays, enabling pharmaceutical companies to discover drugs more efficiently.

FleetOps is a Toronto-based freight technology company that operates a freight marketplace and a carrier-focused platform to connect brokers, shippers, and trucking capacity. The company automates the allocation of loads to drivers by analyzing telematics data from providers to determine truck locations, routes, idle time, available driving hours, and driver behavior, and it uses AI to match loads with suitable drivers. The platform also delivers tailored analytics and KPIs for carrier trucking operations, helping to optimize dispatch and execution.

Founded in 2016, EnergyX Solutions specializes in energy management software. Its platform, MyEnergyXpert, enables utilities and retailers to engage customers in energy efficiency programs through automated personalized conversations and AI-based recommendations. The company aims to reduce global greenhouse gas emissions by digitizing energy efficiency solutions.

Founded in Toronto, Canada in 2016, Tread develops a platform for managing construction equipment services. Its software uses data analytics to optimize equipment usage, facilitating interactions among contractors, brokers, and operators as if they were part of the same fleet.

Founded in 2016, MIMOSA Diagnostics develops a handheld device that uses near-infrared light to accurately assess tissue health. This non-invasive tool enables patients or caregivers to monitor foot health, particularly for diabetes management, and aids clinicians in making informed treatment decisions.

HelpWear develops a waterproof wearable device that monitors heart activity, detects heart attacks, and sends real-time alerts to medical facilities. Incorporated in 2015, the company is based in Toronto, Canada.

WinterLight Labs Inc. is a Toronto-based company founded in 2015 that specializes in developing a speech-based platform for the detection and monitoring of cognitive and mental diseases, including dementia and Alzheimer's disease. The company's innovative AI technology analyzes natural speech samples to quantify various speech and language patterns, enabling the accurate assessment of cognitive health. By utilizing a brief one-minute speech sample, WinterLight's platform can characterize aspects such as lexical diversity, syntactic complexity, semantic content, and articulation, effectively capturing the speaker's cognitive state. This diagnostic tool has significant applications across clinical trials, long-term care, primary care, and speech-language pathology, facilitating the early detection of cognitive impairment and tracking disease progression.

Kepler Communications designs, develops, and operates satellite networks for global connectivity. It specializes in Low-Earth Orbit (LEO) satellites, PolarConnect for extreme environments, Global Data Service for large data transfers, and everywhereIOT for IoT devices. Serving industries such as maritime, natural resources, research, defense, and logistics.

Validere Technologies Inc. is a Toronto-based company that specializes in providing critical information about liquids through innovative measurement, reporting, and verification solutions. Founded in 2015, Validere develops portable devices, including the Validere Identifier, which assesses the hazardous nature of liquids by referencing a comprehensive library. Additionally, the company offers EDGE Connect, a platform that facilitates secure connections between buyers and sellers, enabling the discovery of arbitrage opportunities. Validere's main focus is on liquid fingerprinting, industrial process monitoring, and optimizing logistics within the energy sector. By delivering accessible and verifiable testing data, Validere aids organizations in making informed business decisions and enhances the accuracy of crude oil testing, ensuring accountability and quality across operations. The company's expertise in emissions management and tracking further positions it as a valuable partner for energy companies seeking to improve their financial and environmental performance.

Sesame HQ Inc., operating as Sesame, is a Toronto-based company that provides a web-based software application designed for educators and students. This platform enables teachers to document observations, conversations, and various student work products, facilitating a transparent learning process from Kindergarten to Grade 12. Through its Sesame Snap mobile app, educators can capture student progress using photos, videos, and audio recordings, while also recording evaluations through rubrics and checklists. The application allows for collaborative lesson planning and creates personalized learning portfolios for each student, showcasing evidence of their achievements across all subject areas. Additionally, parents can access their child's portfolio, promoting engagement in their educational journey. Sesame's focus on project-based learning and performance arts supports a holistic approach to education, making notable moments in student learning visible and accessible.

PetBot develops an internet-connected pet care system that enables remote monitoring and interaction with pets. Founded in 2013, the company is headquartered in Toronto, Canada.

OTI Lumionics Inc. is a Toronto-based company founded in 2011, specializing in the development of lighting solutions utilizing organic light emitting diodes (OLEDs). The company focuses on innovative product applications, such as transparent displays, under panel sensors, and under display cameras. OTI Lumionics has introduced the aerelight A1 OLED Lamp and a LED desk lamp design that incorporates a wireless charger. Its products leverage proprietary technologies known as HaloTorr and ElektroTorr, aiming to unlock the full potential of OLED technology. The founding team comprises award-winning researchers and engineers from the University of Toronto's Department of Materials Science & Engineering.

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 based in Toronto, Ontario, founded in 2013 by Ron Gonzalez and Sara Seabrooke. The company focuses on determining compatibility for singles and couples through its innovative platform, which integrates personal genomics and psychological compatibility assessments. By utilizing these tools, Instant Chemistry aims to enhance the likelihood of individuals finding their ideal match while providing valuable insights to help them make informed decisions about their relationships.

PUSH Design Solutions Inc. is a Toronto-based technology company founded in 2013 that specializes in workout performance monitoring and analysis. The company develops the PUSH Band 2.0, a wristband designed to track workouts involving both the body and equipment, along with an online portal for organizing training programs and storing performance data. PUSH aims to enhance human performance through its innovative technology, which serves both enterprise clients and consumers. Under the PUSH Pro brand, the company offers solutions for professional sports, wellness, and military applications, enabling coaches and trainers to remotely schedule and deliver training programs while analyzing user data. The PUSH Athlete brand targets consumers by providing a connected fitness experience that integrates professional coaching, data analytics, community engagement, and traditional fitness equipment, thereby transforming standard equipment into smart devices.

Nymi Inc. is a Toronto-based company that specializes in developing wearable biometric devices, particularly the Nymi Band, which authentically identifies users through their unique electrocardiogram using proprietary HeartID technology. Founded in 2011 and originally named Bionym Inc., the company rebranded in December 2014. Nymi offers a mobile application for Android that activates its wearable bands, which are sold online. The company's focus extends to creating a connected worker platform that enhances workplace integration by improving health and safety, enterprise security, data integrity, and productivity across various industries, including life sciences, healthcare, manufacturing, and finance. Nymi's innovative approach facilitates digital transformation by connecting employees with their digital networks in a secure and user-friendly manner. The company has been recognized as one of the Best Workplaces in Canada for small organizations in 2019.