STARTUP 50: The Complete Ranking of Canada’s Top New Growth Companies

These are the 50 fastest-growing new companies in Canada, measured by their revenue growth over the last two years

 
PROFIT 500: Canada’s Fastest-Growing Companies

The bright young businesses on our 2017 STARTUP 50 ranking of Canada’s Top New Growth Companies have not only brought great concepts to market, they have also found people—lots of people—to buy what they’re selling. Come for their innovative offerings, stay for their hyper-fast sales growth: These are the hottest startups in the country today.

† = $US

RankCompany 2-year revenue growth (%)2016 revenue ($mil)IndustryCityProvinceEmployees, 2016 (full-time equivalent)
1Strawhouse3,03450-100Marketing & MediaKelownaB.C.27
2Article1,92720-50RetailVancouverB.C.40
3ForeverSpin1,8892-5ManufacturingTorontoOnt.10
4Cluep1,8365-10Marketing & MediaTorontoOnt.21
5CHICC (Canadian Home Improvement Credit Corp.)1,7752-5Financial ServicesMississaugaOnt.7
6HonkMobile1,4312-5Financial ServicesTorontoOnt.16
7KAI Innovations1,3242-5SoftwareWhitbyOnt.22
8Masontops1,1722-5ManufacturingTorontoOnt.4
9Prodigy Game (SMARTeacher)1,1685-10SoftwareBurlingtonOnt.60
10Oaple Forest Products1,06920-50Wholesale & DistributionMarkhamOnt.9
11Generis9562-5Marketing & MediaTorontoOnt.29
125 Point Operations9302-5Real EstateKelownaB.C.153
13Nova Scotia Spirit Co.9022-5ManufacturingNew GlasgowN.S15
14Swift Labs8631-2ManufacturingKitchenerOnt.6
15TrackTik8262-5SoftwareMontrealQue.28
16Flytographer7761-2Consumer ServicesVictoriaB.C.12
17Truespeed Internet Services7731-2TelecommunicationsBrockvilleOnt.25
18Pixieset7325-10†SoftwareVancouverB.C.12
19Refresh Financial70510-20Financial ServicesKelownaB.C.51
20GreenMantra Technologies6912-5ManufacturingBrantfordOnt.42
21CANEI6581-2Wholesale & DistributionTorontoOnt.5
22Knixwear6402-5ManufacturingTorontoOnt.8
23Urban Blueprint6391-2ConstructionTorontoOnt.14
24Flarian6351-2Marketing & MediaTorontoOnt.7
25Managed Sales Pros6211-2Professional ServicesWinnipegMan.37
26CareGuide5962-5Consumer ServicesTorontoOnt.28
27Soulpepper Digital5911-2Marketing & MediaVancouverB.C.18
28Workstory5901-2SoftwareVancouverB.C.5
29AN Commerce58450-100RetailMississaugaOnt.135
30J&M Group5625-10Information TechnologyMississaugaOnt.104
31Maven Consulting5525-10Industrial ServicesNorth VancouverB.C.27
32Traxxall Technologies5261-2SoftwareMontrealQue.26
33Diply (GoViral)47820-50Marketing & MediaLondonOnt.170
34Samsao4361-2SoftwareMontrealQue.23
35SensorSuite4201-2SoftwareTorontoOnt.15
36Seoplus+4181-2Marketing & MediaOttawaOnt.16
37Metalilux4061-2ManufacturingMontrealQue.12
38TriNimbus3992-5Information TechnologyVancouverB.C.35
39StackAdapt3975-10SoftwareTorontoOnt.42
40THP3945-10Marketing & MediaTorontoOnt.86
41Smart Employee Benefits38650-100Human ResourcesMississaugaOnt.675
42LowestRates.ca3825-10Financial ServicesTorontoOnt.23
43DNA Mechanical3785-10Industrial ServicesVaughanOnt.49
44Ray Agency3671-2Marketing & MediaSt. John'sNfld.12
45Cargo County Group3362-5Transportation & LogisticsBramptonOnt.32
46Beauty First3331-2Consumer ServicesBurlingtonOnt.23
47Alliance Zone3182-5Wholesale & DistributionLongueuilQue.3
48Dash Agency3091-2Marketing & MediaTorontoOnt.17
49Big Bang ERP3075-10Information TechnologyMontrealQue.48
50Squeeze Studio Animation2982-5Marketing & MediaQuebecQue.55

† = $US

How we ranked them

PROFIT and Canadian Business identified companies on the STARTUP 50—which serves as a companion to our PROFIT 500 ranking of Canada’s Fastest-Growing Companies—by ranking businesses based on two-year revenue growth. In order to be eligible, a company must have been founded and started generating revenue between July 1, 2011, and early 2014. We shortlisted companies based on revenue figures supplied on a brief self-nominating ballot, then verified revenue claims and eligibility through detailed questionnaires and reviews of applicant-supplied financial statements. A minimum revenue requirement of $1 million in the most recent fiscal year applied to all firms. Growth rates were calculated using a base-year minimum of $200,000.

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