Company lists · Data refreshed September 2026

Top 25 Private equity backed software companies based in Toronto, Canada

RevenueBase identified 120 private equity backed software companies headquartered in Toronto, Canada as of September 2026 and tracks 909 professional contacts across them, including 262 with verified work emails. Across Canada, Toronto is the largest hub for this category.

This list covers private equity backed software companies headquartered in Toronto, Canada, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 29, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 29, 2026 86% judged on-target in blind review
120Companies
909Contacts tracked
262Verified emails
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The 25 largest private equity backed software companies based in Toronto, Canada

Ranked by team size
Top 25 of 120 private equity backed software companies based in Toronto, Canada, ranked by team size, largest first. Data refreshed Sep 29, 2026. RevenueBase Smart Search rates how each company's information relates to private equity backed software companies: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Partial evidenceToronto, ON, CanadaHQ checked Sep 29, 20261,001-5,00079 contacts →

Partial evidence

“Aquila eternally invests in market leaders with staying power across enterprise software, vertical SaaS and data.”

Source: RevenueBase Database · checked Sep 29, 2026
2Partial evidenceToronto, ON, CanadaHQ checked Sep 29, 202651-20077 contacts →

Partial evidence

“Qualicom Innovations has been at the forefront of IT consulting, software development and systems integration in Toronto since 1998.”

Source: RevenueBase Database · checked Sep 29, 2026
3Indirect evidenceToronto, ON, CanadaHQ checked Sep 29, 2026501-1,00064 contacts →

Indirect evidence

“Arcadea Group invests for long durations in high-quality, high-growth, typically founder-controlledVSaaS businesses, focusing exclusively on those with ultra-long-range potential…”

Source: RevenueBase Database · checked Sep 29, 2026
4Strong evidenceToronto, ON, CanadaHQ checked Sep 29, 20261,001-5,00064 contacts →

Strong evidence

“Lynx Equity is a private equity firm that owns and operates fifty companies in various industries across North America, the United Kingdom, and Denmark.”

Source: RevenueBase Database · checked Sep 29, 2026
5Partial evidenceToronto, ON, CanadaHQ checked Sep 29, 20261,001-5,00055 contacts →

Partial evidence

“Vencora is a leading global acquirer of software businesses that collectively transform the financial services market.”

Source: RevenueBase Database · checked Sep 29, 2026
6Indirect evidenceToronto, ON, CanadaHQ checked Sep 29, 202651-20047 contacts →

Indirect evidence

“We exist to simplify, so our clients can thrive!”

Source: RevenueBase Database · checked Sep 29, 2026
7Indirect evidenceToronto, ON, CanadaHQ checked Sep 29, 202611-5040 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 29, 2026
8Strong evidenceToronto, ON, CanadaHQ checked Sep 29, 202611-5029 contacts →

Strong evidence

“Beringer Capital is a buyout private equity firm focused on investing in companies at the forefront of digital transformation.”

Source: RevenueBase Database · checked Sep 29, 2026
9Partial evidenceToronto, ON, CanadaHQ checked Sep 29, 202611-5021 contacts →

Partial evidence

“Klass Capital is a growth equity firm investing in category-defining B2B technology companies.”

Source: RevenueBase Database · checked Sep 29, 2026
10Indirect evidenceToronto, ON, CanadaHQ checked Sep 29, 202651-20019 contacts →

Indirect evidence

“SMSS Inc.”

Source: RevenueBase Database · checked Sep 29, 2026
11Partial evidenceToronto, CanadaHQ checked Sep 29, 202611-5017 contacts →

Partial evidence

“Define Capital is looking to acquire B2B software and SaaS companies that operate in a niche market.”

Source: RevenueBase Database · checked Sep 29, 2026
12Indirect evidenceToronto, CanadaHQ checked Sep 29, 20261-1016 contacts →

Indirect evidence

“AYCE Capital acquires and partners with high-performing and successful MSP managers to drive organic growth and take service delivery to its next maturity level.”

Source: RevenueBase Database · checked Sep 29, 2026
13Indirect evidenceToronto, ON, CanadaHQ checked Sep 29, 202651-20013 contacts →

Indirect evidence

“At Yukon we Discover, Design and Deliver business and technology solutions that fit your needs and drive the results you want.”

Source: RevenueBase Database · checked Sep 29, 2026
14Strong evidenceToronto, ON, CanadaHQ checked Sep 29, 202611-5012 contacts →

Strong evidence

“Maverix Private Equity is a Toronto-based private equity firm that provides scale-up capital and operating expertise to disruptive, tech-enabled businesses.”

Source: RevenueBase Database · checked Sep 29, 2026
15Partial evidenceToronto, ON, CanadaHQ checked Sep 29, 20261-1011 contacts →

Partial evidence

“BluRoot is a software solutions company that strives to meet one promise: deliver superior client results by providing personalized, expert advice and innovative products to solve…”

Source: RevenueBase Database · checked Sep 29, 2026
16Indirect evidenceToronto, ON, CanadaHQ checked Sep 29, 202651-2009 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 29, 2026
17Partial evidenceToronto, CanadaHQ checked Sep 29, 202611-508 contacts →

Partial evidence

“Great Ideaz is a privately held organization that provides business applications and consulting solutions to a wide variety of businesses from start-ups to some of the largest…”

Source: RevenueBase Database · checked Sep 29, 2026
18Strong evidenceToronto, CanadaHQ checked Sep 29, 20261-107 contacts →

Strong evidence

“The XDL Group - Private Equity Investors: Experienced.”

Source: RevenueBase Database · checked Sep 29, 2026
19Partial evidenceToronto, ON, CanadaHQ checked Sep 29, 202611-504 contacts →

Partial evidence

“ThumbSol is a global consulting, engineering services, and outsourcing company with a focus on next generation application development and enterprise software services.”

Source: RevenueBase Database · checked Sep 29, 2026
20Indirect evidenceToronto, ON, CanadaHQ checked Sep 29, 20261-104 contacts →

Indirect evidence

“IT Consulting, Analytics and Digital Services”

Source: RevenueBase Database · checked Sep 29, 2026
21Strong evidenceToronto, ON, CanadaHQ checked Sep 29, 20261-104 contacts →

Strong evidence

“First Growth Management is a private equity company which invest primarily in small, growth based business, mid-sized asset based and early stage public companies.”

Source: RevenueBase Database · checked Sep 29, 2026
22Indirect evidenceToronto, ON, CanadaHQ checked Sep 29, 20261-103 contacts →

Indirect evidence

“Golden Spruce Capital is a Toronto and Los Angeles based pool of entrepreneurial capital seeking to acquire best-in-class small and medium sized businesses across North America.”

Source: RevenueBase Database · checked Sep 29, 2026
23Partial evidenceToronto, ON, CanadaHQ checked Sep 29, 202611-503 contacts →

Partial evidence

“Malloc Inc is an information technology company specialized in software development, consulting and delivery of complete information technology solutions offering the business…”

Source: RevenueBase Database · checked Sep 29, 2026
24Indirect evidenceToronto, CanadaHQ checked Sep 29, 20261-103 contacts →

Indirect evidence

“IT services”

Source: RevenueBase Database · checked Sep 29, 2026
25Partial evidenceToronto, ON, CanadaHQ checked Sep 29, 20261-102 contacts →

Partial evidence

“NGM Enterprise is a leading provider of innovative technology solutions, specializing in cutting-edge software development, IT consulting, and comprehensive digital transformation…”

Source: RevenueBase Database · checked Sep 29, 2026

Showing 25 of 120 private equity backed software companies based in Toronto, Canada

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Private equity backed software companies based in Toronto, Canada at a glance

As of Sep 29, 2026
28.8%Verified-email coverage
7.6Average contacts per company
1-10Median size (employees)
Sep 29, 2026Page data refreshed

Companies by employee count

1-10
67
11-50
34
51-200
11
201-500
2
501-1,000
2
1,001-5,000
4

Email recency for this list is measured across the whole Canada list rather than for Toronto, so it is reported there. Company counts and contact totals on this page are exact for Toronto, over 120 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among private equity backed software companies, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in Toronto, Canada whose own description of what they do matches “private equity backed software companies”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names private equity backed software companies), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among private equity backed software companies, and records with no verified work email. Companies headquartered outside Toronto are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 262 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 29, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names private equity backed software companies, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many private equity backed software companies are there based in Toronto, Canada?

RevenueBase identified 120 private equity backed software companies headquartered in Toronto, Canada as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Aquila, headquartered in Toronto, tops this list with the largest team on record.

Which city in Canada has the most private equity backed software companies?

Toronto leads Canada with 120 headquartered companies, followed by Montreal (37) and Vancouver (31).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 262 verified decision-maker contacts tracked across these 120 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 29, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.