Top Tech Startups in Waterloo, Canada in 2024

Faire was founded in 2017 on the belief that the future is local. We’re helping independent entrepreneurs chase their dreams by building an online wholesale marketplace that connects local retailers with thousands of emerging and established brands. Our platform empowers independent retailers with the advantages of big-box terms, and helps independent makers build and simplify their wholesale business.

Source is the developer data management infrastructure for the open web. With an expected 75% of the data generated by humanity to be at the edge, developers at organizations of all sizes face complex challenges in managing distributed data. Our database, DefraDB, along with our Trust Protocol, SourceHub, provides developers with the tools to create and deploy software for edge environments. With native cryptographic primitives for data security, granular data governance, and interoperability and portability across the edge. We address the crucial aspects of edge data management, empowering developers to introduce the next wave of local-first software and edge AI for smart cities, industry 4.0, automotive, health care and beyond.

We are a fully remote startup (headquartered in Canada) building a smart, curious, and driven team that’s making software to help sales reps sell better. Prospect is a lead generation platform that intelligently sources contact data right inside of your web browser in real-time. The best sales teams from the top tech companies in the world use Prospect to crush their sales targets.

Stadium Live is a consumer social company creating new dimensions of interactions and emotions around sports & culture. Our vision is to build the most engaging products & services for modern fans throughout their lives. Our Flagship Product: Stadium Live - The Sports Game Our Lifestyle Brand: Stadiumlife We are backed by Union Square Ventures, KB Partners, Golden Ventures, Maple VC, Intonation, Secocha, Maveron, and other amazing angels. Find out more here: stadiumliveapp.com

Namefi tokenizes domain names for DeFi. Namefi is the world's first platform and protocol that tokenizes DNS domain names (like .com, .xyz) on Ethereum. As the pioneer in this space, Namefi has achieved several industry-first milestones: First to launch on Ethereum Mainnet and Base, a leading Ethereum Layer 2 network Pioneered innovative technologies like Namefi NFT, NamefiService Credit, AutoPark, AutoENS, and PrivacyMax (patent pending) Namefi was founded by Victor Zhou, one of the 7 EIP/ERC Editors of Ethereum, and a team with 30 years of ICANN experience. The platform has already tokenized over 500 domain names and has a thriving community of domain traders.

NuBinary is a fractional-CTO service and software development consulting firm working with startups in various stages, MVP development, scaling, team building, and post-series A/B growth. We work with a diverse range of clients in areas such as IoT, Smart Connected Devices, AI, Machine Learning, MedTech, Smart Manufacturing, Home Automation, and more. Through our fractional CTO services, we help startups minimize their risk and cost while maximizing their value proposition by sharing with them years of entrepreneurship and tech leadership experience from our team. We provide end-to-end product development services including web/cloud, mobile, hardware, and firmware development. Our technology stack of choice is Ruby on Rails on the back-end and ReactJS/React Native on the front-end but we also work with other stacks frequently including Node.js, DJango, Angular and Vue.js.

At, UrbanFix, we created an all in one platform to connect service providers with customers to get more bookings easily. Also with our free CRM Software, Its easier & effective to manage businesses, saving them 20% of the cost.

Coastal Carbon is a seed-funded startup on a mission to create positive impact through earth observation and AI. Founded at the University of Waterloo by a team of PhDs and engineers, we’re backed by some of the best AI and climate tech investors like HF0, Inovia Capital and Propeller Ventures, angels like James Tamplin (cofounder Firebase) and Sid Gorham (cofounder OpenTable, Granular), and partners like Amazon AWS and the United Nations. We’re building multimodal foundation models for the natural world. We believe there’s more to the world than the internet + more to intelligence than memorizing the internet. Our models are trained on satellite remote sensing and real world ground truth data, and are used by our customers in nature conservation, carbon dioxide removal, and government to protect and positively impact our increasingly changing world. Our ultimate goal is to build AGI of the natural world.

The RPM Groups is an industry leader in Commercial Energy Management. We offer extensive knowledge of the most efficient technologies, along with our vast inventory of state-of-the-art systems and services. We ensure that our clients make educated decisions when it comes to their company’s bottom line, providing them with SMART LED, Power Factor Correction, Renewable Energy Certificates, Energy Hedging and more. By adopting new energy efficient practices that are cleaner and scalable, your business can be a thriving part of a sustainable future. We conduct detailed zone-by-zone energy consumption audits, at ZERO cost to our clients, and provide only the latest in energy technologies.