Kitchener-Waterloo’s Fastest-Growing Companies: 2017 PROFIT 500

 
PROFIT 500: Canada’s Fastest-Growing Companies
An aerial view of Kitchener-Waterloo

(SF photo/Shutterstock)

A new economic wave is washing through the Tri-Cities area, with the local universities giving rise to a healthy startup ecosystem. But tech isn’t the only booming industry in and around Kitchener-Waterloo, as evidenced by the region’s respresentatives on the 2017 PROFIT 500 ranking of Canada’s Fastest-Growing Companies.

The 17 firms from Kitchener-Waterloo on this year’s ranking grew their revenues an average of 876% between 2011 and 2016. Collectively they employed 1,251 full time-equivalent employees in 2016.

Here is the complete list of Kitchener-Waterloo’s fastest-growing companies for 2017.

1. Sortable
PROFIT 500: No. 12
Growth (2011–2016): 4,995%
Revenue (2016): $10–20 million
Headquarters: Kitchener, Ont.
What it does: Provides automated ad-optimization software and services for online publishers

2. Axonify
PROFIT 500: No. 25
Growth (2011–2016): 2,421%
Revenue (2016): US$10–20 million
Headquarters: Waterloo, Ont.
What it does: Develops employee training and knowledge software for corporations

3. Magnet Forensics
PROFIT 500: No. 27
Growth (2011–2016): 2,386%
Revenue (2016): US$10–20 million
Headquarters: Waterloo, Ont.
What it does: Develops and sells digital investigation software

4. Dejero
PROFIT 500: No. 53
Growth (2011–2016): 1,356%
Revenue (2016): $20–50 million
Headquarters: Waterloo, Ont.
What it does: Builds cloud-based platforms that transmit live videos for media companies

5. Keyspire
PROFIT 500: No. 69
Growth (2011–2016): 1,011%
Revenue (2016): $10–20 million
Headquarters: Cambridge, Ont.
What it does: Provides education and an online community for real estate investors

6. Diva International
PROFIT 500: No. 103
Growth (2011–2016): 712%
Revenue (2016): $20–50 million
Headquarters: Kitchener, Ont.
What it does: Produces and sells feminine hygiene products through retail chains and health stores

7. Stance Healthcare
PROFIT 500: No. 165
Growth (2011–2016): 414%
Revenue (2016): $10–20 million
Headquarters: Kitchener, Ont.
What it does: Designs and manufactures furniture for hospitals and health care facilities

8. MarshallZehr Group
PROFIT 500: No. 222
Growth (2011–2016): 283%
Revenue (2016): $10–20 million
Headquarters: Waterloo, Ont.
What it does: Provides real estate developers with financing and capital management services

9. Financial Horizons Group
PROFIT 500: No. 253
Growth (2011–2016): 239%
Revenue (2016): $50–100 million
Headquarters: Kitchener, Ont.
What it does: Distributes financial and insurance products and services through independent financial advisors

10. VinylTrends
PROFIT 500: No. 281
Growth (2011–2016): 210%
Revenue (2016): $5–10 million
Headquarters: Kitchener, Ont.
What it does: Manufactures flooring underlayments and other construction materials

11. Angstrom Engineering
PROFIT 500: No. 312
Growth (2011–2016): 187%
Revenue (2016): $10–20 million
Headquarters: Kitchener, Ont.
What it does: Manufactures thin-film deposition equipment for use in research labs

12. Six S Partners
PROFIT 500: No. 318
Growth (2011–2016): 178%
Revenue (2016): $5–10 million
Headquarters: Waterloo, Ont.
What it does: Sells ERP software and provides training and support services to users

13. AET Group
PROFIT 500: No. 344
Growth (2011–2016): 162%
Revenue (2016): $2–5 million
Headquarters: Kitchener, Ont.
What it does: Provides environmental consulting, auditing and scientific services

14. Document Imaging Partners
PROFIT 500: No. 466
Growth (2011–2016): 87%
Revenue (2016): $5–10 million
Headquarters: Breslau, Ont.
What it does: Sells and services office equipment and enterprise software

15. Liftsafe Group of Cos.
PROFIT 500: No. 467
Growth (2011–2016): 87%
Revenue (2016): $10–20 million
Headquarters: Ayr, Ont.
What it does: Engineers, manufactures and and services material handling, fall protection and ground support equipment

16. Miltera
PROFIT 500: No. 479
Growth (2011–2016): 83%
Revenue (2016): $2–5 million
Headquarters: Kitchener, Ont.
What it does: Manufactures complex tight-tolerance components and parts

17. Eclipse Automation
PROFIT 500: No. 490
Growth (2011–2016): 80%
Revenue (2016): $20–50 million
Headquarters: Cambridge, Ont.
What it does: Designs, installs and services custom industrial automation systems


Get our daily briefing on innovation, leadership, technology & the economy.
Weekdays at 6 AM ET. Learn More »

Comments are closed.