June 2026
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Largest Generative AI Public Companies in Canada
Benchmark revenue and EBITDA valuation multiples for public comps like
BlackBerry, Volatus Aerospace, Coveo Solutions, Redwood AI and Railtown AI Technologies.
 | BlackBerry, once known for being the world’s largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communications for enterprises. The firm provides endpoint management and other secure communications software to enterprises, specializing in regulated industries like government and financial institutions. BlackBerry also has a sizable embedded software business primarily serving the automotive market, with some exposure to the industrial market. | $10 | +127% | $6B | $6B | 10.8x | 55.4x | ||
| Volatus Aerospace Inc. is a leader in globalized aerial solutions for intelligence and cargo. With deep technological and subject matter expertise and over 100 years of combined institutional knowledge in aviation, Volatus provides meaningful aerial solutions for end users across various industries using piloted and remotely piloted aircraft systems (RPAS or drones). It is committed to enhancing operational efficiency, safety, and sustainability through innovation, real-world aerial solutions. | $0 | -- | $326M | $321M | 13.0x | (64.3x) | ||
| Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The company's solutions provide value to its customers by helping drive revenue growth, reduce customer support costs, increase customer satisfaction and website engagement, and improve employee proficiency and satisfaction. Geographically, the company generates maximum revenue from the United Kingdom and the rest from the United States, Canada, and other regions. | $3 | -43% | $295M | $208M | 1.4x | (261.3x) | ||
| Redwood AI Corp is a Vancouver-based artificial intelligence company. It is engaged in providing software and analytics solutions for chemical and pharmaceutical development. Its platform integrates AI models, cheminformatics, and operational data to support synthesis planning, process optimization, and supply-chain decision-making, helping reduce time, cost, and risk from early development through commercialization. | $3 | -- | $100M | $97M | - | (17.2x) | ||
| Railtown AI Technologies Inc is engaged in the business of developing a software-as-a-service artificial intelligence solution that helps software development teams detect, analyze, and fix errors quickly in their development projects. Its Platform allows for real-time exception monitoring and alerting which permits developers, team managers, and executives to quickly locate, understand. and correct errors in their software development projects and their root causes, thereby preventing system and application downtimes. | $0 | -27% | $63M | $60M | - | (15.7x) | ||
| Rocket Doctor AI Inc delivers physician-built, AI-powered solutions designed to make high- quality healthcare accessible throughout the entire patient journey. A cornerstone of the company's proprietary technology is the Global Library of Medicine (GLM), a clinically validated decision support system developed with input from hundreds of physicians world-wide. Alongside the GLM and its AI-powered digital health platform and marketplace. The group empowers over 300 MDs to provide care to more than 700,000 patients. Itsproprietary technology software and systems enable doctors to independently launch and manage their own virtual or hybrid in-person practices - improving efficiency, restoring autonomy to MDs, and expanding patient access to care. | $0 | -- | $41M | $41M | 31.9x | (7.7x) | ||
| VERSES AI Inc is a cognitive computing company building next-generation intelligent software systems modeled after the wisdom and genius of Nature. Designed around first principles found in science, physics and biology, its flagship product, Genius, is a suite of tools for machine learning researchers and engineers to model complex dynamic systems and generate autonomous intelligent agents that continuously reason, plan, and learn. Imagine a Smarter World that elevates human potential through technology inspired by Nature. | $1 | -87% | $10M | $11M | - | - | ||
| Anonymous Intelligence Co is a computational intelligence, decentralized network, and data technology company, focused on leveraging its proprietary suite of Artificial Intelligence (AI) and privacy enabled products to increase confidence in technology for consumers and businesses. Its product and service offerings include the Limitless VPN, Turminal.ai, Anon SDK, and Haller.ai. It has one operating segment, being the development and marketing of its technology platforms, and its operations and long-term assets are located in North America. | $0 | -- | $5M | $4M | - | (4.8x) | ||
| Aisix Solutions Inc is a climate risk and data-analytics solutions provider trusted by organizations seeking a more predictive future. Leveraging the advancements of artificial intelligence, data analytics, and risk assessment, the company is on a mission to provide auditable, explainable, and defensible assessments to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks. By empowering organizations with wildfire risk insights, the company aims to foster resilience and sustainability in the face of climate change. The company has one operating segment in the climate consulting area, and any sales are related to that area in Canada. | $0 | -- | $2M | $2M | 55.7x | (1.7x) | ||
| Median | $0 | -35% | $63M | $60M | 13.0x | (11.7x) |
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