October 2026
Largest Generative AI Public Companies in Canada
Benchmark revenue and EBITDA valuation multiples for public comps like
BlackBerry, Coveo Solutions, Volatus Aerospace, Everkind Wellness 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. | $9 | +81% | $5.2B | $5B | 9.2x | 60.9x | ||
| 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 | -20% | $318M | $225M | 1.5x | (9.0x) | ||
| Volatus Aerospace Inc. is a Canadian aerospace and defence technology company specializing in uncrewed aerial systems (UAS), autonomous platforms, and remote operations. It develops and deploys drone technologies to support aerial intelligence, surveillance, inspection, and logistics across Canada, the USA, and the UK. The Company serves commercial, industrial, and government customers, including defence and public safety organizations, and supports sectors such as energy, transportation, infrastructure, and agriculture, including pipeline monitoring using both uncrewed and piloted aircraft. Through its subsidiaries, Volatus carries on the business of pipeline inspection and monitoring using piloted aircraft. All other activities are conducted in the remotely piloted sector of aviation. | $0 | -23% | $267M | $240M | 9.9x | (29.8x) | ||
| Everkind Wellness Inc is a Toronto-based emotional wellness company making mental and emotional support accessible, affordable, and stigma-free. It operates a digital platform that provides AI-powered journaling and personalized meditation services, designed to support daily emotional wellness and habit formation using evidence-based practices. | $0 | -- | $47M | $45M | - | - | ||
| 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 | -51% | $46M | $43M | - | (11.5x) | ||
| Redwood AI Corp is an artificial intelligence and post-quantum cybersecurity company developing software platforms for chemical intelligence, pharmaceutical development, defense, national security, and critical infrastructure applications. Its Reactosphere platform applies AI, cheminformatics, and operational data to molecular design, synthesis planning, process optimization, chemical hazard analysis, and supply-chain decision-making. The company also operates the Quantum.IQ platform, which provides AI-powered post-quantum cybersecurity solutions for cryptographic asset discovery, quantum-readiness assessment, compliance, and security infrastructure modernization. | $1 | -- | $46M | $45M | - | (119.0x) | ||
| 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. Its proprietary 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 | -46% | $35M | $35M | 28.2x | (3.5x) | ||
| 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 | -63% | $3M | $2M | - | (2.4x) | ||
| Mary Agrotechnologies Inc is engaged in the development and distribution of automated home-growing machines and commercial systems for cultivating herbs and vegetables under controlled conditions. Its technology integrates artificial intelligence to optimize plant growth and simplify cultivation for consumers. The company also focuses on the design, establishment, and operation of container farms for commercial applications. Its offerings include the Mary Model Z, a fully automated single-plant enclosure designed to support indoor cultivation by providing climate control and automated care. | $0 | -- | $615K | $615K | - | (12.2x) | ||
| Median | $0 | -35% | $46M | $45M | 9.5x | (10.2x) |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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