Spotlight on Toronto’s Thriving Mobile Startups in Beststartup Canada

January 23, 2024

Toronto, often hailed as Canada’s Silicon Valley, has been a bustling hub for technological innovation for several years now. Especially in the mobile industry, numerous trailblazing startups have emerged from Toronto, creating waves and making a difference where it matters. Some of these companies were only founded in 2020 or later and yet have swiftly climbed their way up to make significant contributions to their respective industries. Let’s take a look at some of these relatively new yet impactful businesses making a difference through their unwavering commitment to innovation and customer satisfaction.

The mobile industry has always been known for its fast pace and competitive nature. Toronto’s new startups have not only embraced the current trends in this industry but also introduced newer ways of performing, streamlining processes, and achieving technological excellence. These companies range from those operating in the healthcare mobile sector to sports, productivity, educational tools, to name a few. Here are some noteworthy startups operating in the mobile industry from Toronto, founded in 2020 or later.

Each company is unique and driving innovation in its own way. This article will provide a brief description of the companies, their founders, and links to their websites and social media accounts. Let’s discover more about these trailblazers of the industry.


Co-founded by Mark Ruddock, Nuula provides critical business KPI tools for small enterprises. It allows businesses to monitor various aspects including cash flow, credit scores, customer trends, etc. ensuring faster identification of issues that need immediate fixing. Majoring in software and mobile apps, Nuula is a must-have tool for small businesses. Connect with Nuula on their Twitter, Facebook, and LinkedIn pages.


Established by Al-Ameen Ogundiran, Jeffrey Fasegha, and Olugbenga Olubanjo, Fyyne is revolutionizing the beauty industry by making it simpler for customers to locate and hire the best beauty artists in less than five steps. Fyyne also helps beauty artists build their brand, connect with customers and process payments faster. Stay updated with Fyyne on their Twitter, Facebook, and LinkedIn platforms.


With a strong focus on software and mobile apps, Betstamp is making its mark in the Information Technology and Sports sector. You can find Betstamp on their Twitter, Facebook, and LinkedIn platforms.


With co-founders like Arnab Barua and Martin Gagne, Dux is an integrated SaaS platform creating and sharing digital instruction manuals for product manufacturers, aiming to replace the costly and resource-consuming paper-based manuals. You can connect with Dux on their Twitter, Facebook, and LinkedIn pages.


Founded by Nick Rico, Kaosity is an internet and mobile app startup based in Toronto. Get more information about Kaosity through their Twitter, Facebook, and LinkedIn platforms.


Established by Josh Sookman, MasterHealth transforms popular health and lifestyle books into interactive personalized coaching apps designed to help you build healthy habits based on your unique goals. You can connect with MasterHealth on their Twitter, Facebook, and LinkedIn pages.


SpaceCard, founded by Milan Baić, is a platform that enables architectural showcasing with remote audiences. They can be found on their Twitter, Facebook, and LinkedIn platforms.

Konnectics Inc

Created by Sakhawat Hossain, Konnectics Inc is building a cross-platform software to aid mainly university and college students with their studies. Check them out on their official LinkedIn page.


OpenRace is playing its part in transforming the mobile apps sector, focusing on app development along with sports and running. They are reachable on their Twitter, Facebook, and LinkedIn platforms.


Formaloo, co-founded by Amir Hashemi, Farokh Shahabi, Hasan Noori, and Mehrnoosh Baratpour, is a no-code platform that empowers businesses to create customized data-driven business applications, automate their work processes, and engage their audience. Connect with Formaloo on their Twitter, Facebook, and LinkedIn platforms.

Stadium Live Studios

Co-founded by Kevin D.H Kim and Paul Xu, Stadium Live Studios creates a community platform for next-gen sports and culture fans. Get to know more about Stadium Live Studios through their Twitter and LinkedIn platforms.

Canada’s startup landscape is vibrant and diverse, with countless promising enterprises thriving and contributing to various sectors. The mobile industry, in particular, is enriched by the innovative platforms and user-friendly applications being introduced by these startups. Together, they are shaping the future of mobile technology in Canada and beyond.

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