December 8, 2024
Top 10 startups in Security & Surveillance Technology in Toronto, Canada in Oct, 2024

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Here is the list of top 10 Security & Surveillance Technology startups in Toronto, Canada

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Provider of smart thermostats for commercial and residential applications. The company designs and develops thermostats for residential applications and commercial applications. Its offering spans five generations and comes built-in with a touchscreen that allows users to control the devices using the same or a companion smartphone application. It works with up to 32 remote temperature/motion sensors to adjust the thermostat based on the surroundings of the user. The remote sensors detect temperature and occupancy to control the average room temperature of all sensors included in the mode setting. Additionally, the company offers smart switches which come along with occupancy and daylight sensors.

Key facts about ecobee

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Nymi provides a biometric authentication wristband with control function. It provides a wearable wristband that uses identity authentication technology by matching the shape of the user’s heart-wave through an electrocardiogram sensor. The device needs to be synced with the user once a day and its authentication are enabled as long as the band is on authentic user’s wrist. The band is equipped with Bluetooth and NFC sensor and unlocks the access to required devices, also a gyroscope and accelerometer so it can support gesture unlocking scenarios. The wristband enables organizations to achieve security principles and allows the tracking of health, & safety of connected workers.

Key facts about Nymi

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Biometric systems for access management . It features multi-biometric and multi-factor authentication to keep data safe. It uses blockchain technology for security. It uses an algorithm that is encrypted to ensure templates cannot be stolen or copied. It offers industrial access control, enterprise access control, workforce management, fingerprint security, and facial recognition solutions.

Key facts about Invixium

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Ethoca provides fraud protection solutions for omnichannel retailers. Its online platform is a network for card issuers and merchants to connect and work cooperatively outside the payment network. It connects card issuers to online merchants to stop fraud that slips through their defenses and recapture lost revenues. Ethoca helps prevent chargebacks and reduce CNP fraud by closing the information gap between the card issuers and merchants, making this valuable information securely available in real-time. Its direct-from-source card issuer data is used by merchants to stop the fulfillment of goods and services tied to fraudulent accounts on orders they are actively processing. It allows issuers to significantly reduce the time it takes to recover card-not-present fraud and customer disputes from days to hours, reduce overall chargeback volumes, improve customer satisfaction scores and reduce customer complaints.

Key facts about Ethoca

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BioConnect provides biometrics hardware & software integration and a lifecycle management platform. It provides an IAM platform to integrate and manage multiple biometrics hardware to the organization. The products include BioConnect ID, a unified platform for the integration and lifecycle management of biometric solutions. The features of the product include enterprise authentication, data center security, and time & attendance monitoring.

Key facts about BioConnect

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SecureKey is the identity and authentication provider for organizations. It enables customers to connect with online services using a digital credential. It offers Verified.me for identity verification, Concierge Service which is an authentication network for connecting people to online services using their banking credentials, digital identity ecosystem, etc.

Key facts about SecureKey

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Provider of Indoor positioning and navigation solutions. It developed a sensor to map indoors using WiFi, and BLE signals and implements advanced trilateration and SLAM fingerprinting approaches to provide better indoor positioning for smartphones and wearables. It provides indoor navigation. Its sensors recognize the signals from devices and track them for analysis. It also provides solutions to various sectors such as retail, healthcare, and commercial.

Key facts about InnerSpace

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Tapp Lock is a padlock which has an integrated biometric fingerprint sensor allowing the user to open the lock with their fingerprint. Additionally, the user can also open lock via companion app using Bluetooth. The application can store up to 200 fingerprints thus allowing the user to store the fingerprint of friends and controlling their access to the lock. The lock is rechargeable and can also double up as a phone charger. Sends notification if someone tampers with the lock. Tapp Lock managed to raise over $300K in funding on Indiegogo.

Key facts about Tapplock

  • Founded Year: 2014
  • Location: Toronto (Canada)
  • Stage: Seed
  • Investors: HAX and 1 Other
  • Tracxn Score: 43/100 What is this?
  • Competitors Rank: 28 of 564 Competitors

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LoginID provides a secure authentication solution using biometrics. It provides a solution to securely authenticate the customer by an advanced biometric and multi-device authentication system. It utilizes a cryptographic method and secure data diffusion protocol for securing and tokenizing a customer’s personally identifiable information.

Key facts about LoginID

  • Founded Year: 2018
  • Location: Toronto (Canada)
  • Stage: Seed
  • Funding: $6.47M
  • Investors: FJ Labs, Visa and 12 Others
  • Tracxn Score: 42/100 What is this?
  • Competitors Rank: 242 of 2,914 Competitors

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Twenty Billion Neurons develops computer vision platform for real-time video analysis. It allows users to train and deploy deep neural network models for virtual assistants. Additionally, its offerings include neural network components that can understand spoken words and physical movements, and be used by developers to create AI applications. Its platform crowd-acting is a video-based dataset for reading dynamic hand gestures and training deep neural networks. It has applications in multiple areas such as gesture recognition, domestic robots, posture correction during workouts, elderly fall detection, and automatic detection of driver behaviors.

Key facts about TwentyBN

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