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The Toronto Founder Institute, the local chapter of the world's largest pre-seed startup accelerator, is proud to announce the newest Alumni from the Toronto Fall 2024 program.

After meticulous selection process and intense four months of aggressive business-building sprints, constant evaluation, and feedback from investors and mentors, just 10 companies were able to make it through. 

Each of these Founders have demonstrated a high level of perseverance and creativity, and their businesses have been thoroughly vetted and supported by a panel of Toronto's top startup experts and investors.  

And now, without further ado, we present the Alumni of the Toronto program: 

  • ONCOCHECK DIAGNOSTICS INC - Providing a cost-effective and rapid blood serum test for early breast cancer diagnosis, enabling timely treatment and improving patient outcomes.
  • Avanteca -  Building a SaaS HR tech platform that streamlines talent acquisition for medium to large companies by providing candidate benchmarking data and intelligence for smarter hiring decisions.
  • JOOAV - Developing a digital distribution platform that helps Nigerian wholesalers streamline restocking with AI-driven demand forecasting, reducing costs and travel time.
  • BetPalz Corp - Leveraging AI by creating a social media experience where users engage in risk-free, no-money challenges and games, fostering friendly competition without social pressure.
  • Synergy Data Analytics - Empowering Spanish SMEs through Industry 4.0 adoption, leveraging data-driven decision-making to enhance competitiveness, efficiency, and sustainable growth.
  • EI everywhere - Democratizing design-to-manufacture, empowering entrepreneurs and small businesses with accessible, sustainable, and ethical manufacturing to foster innovation, competition, and economic growth.
  • Synergy Data Analytics - Empowering businesses and mentoring young minds in LATAM, fostering technological innovation, economic growth, and sustainable development through data and AI. 
  • Quote Control Ltd -  Tailoring an all-in-one quoting platform for the logistics industry, empowering small to medium operators with technology to compete globally.
  • Aidiway Services Solution Inc. - Connecting clients with trusted service providers by offering a secure and convenient platform for in-home care, enabling instant booking and streamlined provider management.
  • UseLooking - Leveraging AI to combat the loneliness epidemic by fostering real-life connections and matching users with activity partners based on shared interests.

The Toronto Fall 2024 program would not have been possible without help, because it truly takes a city to raise a startup.

Join us at Toronto Founder Institute Graduation Event.

Toronto Local Directors 

We would first like to thank the Local Directors of the Toronto Founder Institute: Ali Khadjavi, Ignacio Castro (MD, 128vc), Sunil Sharma (Canada Director, Founder Institute ). Our Local Leaders play an incredibly important role in building the local Founder Institute program, and creating an environment and network in Toronto that is conducive to building to great companies.

In addition, the Toronto Fall 2024 program was supported by some of Toronto's top technology organizations, including:

Some of Toronto’s top startup mentors helped our founders in the program, including:

* Aaron Albert * Aaron Baer * Adeo Ressi * Arcui Usoara * Aurelie Guerrieri * Axel Villamil * Cerys Goodall * Chad Ford * Chris Anderson * Don Samoil * Favour Ori * Haoyang Liang * Ignacio Castro * Kevin Gervais * Laura Bryce * Marcello Tommasi * Marina Tran Vu * Michael Young * Mohan Markandaier * Phillip Gales * Preet Singh * Richard Hyatt * Russ Armstrong * Ryan Micheletti * Saroop Bharwani * Sean Yo * Shibin Muhammed * Torrey Smith * Tracy Leparulo * Vladimir Pletyukhin

In the Founder Institute's pre-seed accelerator program, early-stage entrepreneurs and teams build their business alongside a critical support network of local startup experts that share equity in their success, and through a structured and challenging business-building process that has helped alumni raise over $1.85BN. 

After Graduation, the new Toronto Founder Institute Portfolio Companies now have a fast-growing company that has been fully validated by experienced startup founders, with access to the Founder Institute's global network and post-graduate support programs to continue building their business. 

Leaders of the world’s fastest-growing startups have used the Founder Institute to raise funding, building a co-founding team, get into seed-accelerators, generate traction, recruit a team, build a product, transition from employee to entrepreneur, and more. Based in Silicon Valley and with chapters across 200+ cities and 100+ countries, the Founder Institute’s mission is to Globalize Silicon Valley and empower talented and motivated entrepreneurs to build companies that will create one million new jobs.

The next Toronto Founder Institute program is being planned now. If you are interested in being notified when applications open, visit FI.co/apply/toronto.

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Alumni of the Founder Institute are creating some of the world's fastest growing startups, having raised over $1.85BN in funding, and building products people love across over 200 cities worldwide.

See the most recent news from our Grads at FI.co/news, or learn more about their stories at FI.co/graduates


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