Startup List 2020
Meet Canada’s Top New Growth Companies for 2020

- Rank
- Company
- 2-Year Growth (%)
- 2019 Revenue ($mil)
- Industry
- City
- Province
- Employees 2019 (Full-time Equivalent)
▼ | Company | Growth | Rev. | Industry | City | Prv. | Em. |
---|---|---|---|---|---|---|---|
1 |
8662 |
50-100 |
Professional Services |
Calgary |
AB |
42 |
|
2 |
8408 |
5-10 |
Retail (traditional and/or e-commerce) |
Port Moody |
BC |
7 |
|
3 |
8257 |
5-10 |
Transportation & Logistics |
Cambridge |
ON |
3 |
|
4 |
6633 |
5-10 |
Marketing & Media |
Calgary |
AB |
12 |
|
5 |
5282 |
5-10 |
Professional Services |
Toronto |
ON |
18 |
|
6 |
5011 |
20-50 |
Industrial Services |
Surrey |
BC |
5 |
|
7 |
4313 |
10-20 |
Software |
Montreal |
QC |
25 |
|
8 |
3477 |
2-5 |
Human Resources |
Toronto |
ON |
16 |
|
9 |
3375 |
2-5 |
Retail (traditional and/or e-commerce) |
Toronto |
ON |
7 |
|
10 |
3372 |
5-10 |
Software |
Toronto |
ON |
30 |
|
11 |
3311 |
2-5 |
Financial Services |
Toronto |
ON |
14 |
|
12 |
3081 |
2-5 |
Professional Services |
Saint-Jérôme |
QC |
68 |
|
13 |
3041 |
2-5 |
Health Care |
Edmonton |
AB |
112 |
|
14 |
2882 |
2-5 |
Professional Services |
Montreal |
QC |
30 |
|
15 |
2692 |
50-100 |
Wholesale & Distribution |
Vancouver |
BC |
47 |
|
16 |
2113 |
20-50 |
Retail (traditional and/or e-commerce) |
Toronto |
ON |
15 |
|
17 |
1717 |
1-2 |
Marketing & Media |
Toronto |
ON |
6 |
|
18 |
1617 |
2-5 |
Retail (traditional and/or e-commerce) |
Victoria |
BC |
3 |
|
19 |
1530 |
100-200 |
Health Care |
Etobicoke |
ON |
381 |
|
20 |
1464 |
1-2 |
Human Resources |
Ottawa |
ON |
17 |
|
21 |
1459 |
2-5 |
Information Technology |
Mississauga |
ON |
18 |
|
22 |
1423 |
1-2 |
Financial Services |
Burnaby |
BC |
17 |
|
23 |
1410 |
5-10 |
Health Care |
Toronto |
ON |
47 |
|
24 |
1346 |
1-2 |
Transportation & Logistics |
Ottawa |
ON |
34 |
|
25 |
1286 |
5-10 |
Marketing & Media |
Toronto |
ON |
10 |
|
26 |
1264 |
1-2 |
Marketing & Media |
Toronto |
ON |
4 |
|
27 |
1245 |
2-5 |
Retail (traditional and/or e-commerce) |
Calgary |
AB |
1 |
|
28 |
1214 |
1-2 |
Professional Services |
Calgary |
AB |
5 |
|
29 |
1194 |
2-5 |
Retail (traditional and/or e-commerce) |
Ottawa |
ON |
5 |
|
30 |
1108 |
1-2 |
Professional Services |
North York |
ON |
80 |
|
31 |
1102 |
1-2 |
Retail (traditional and/or e-commerce) |
Toronto |
ON |
4 |
|
32 |
1093 |
1-2 |
Health Care |
Windsor |
ON |
12 |
|
33 |
1091 |
1-2 |
Manufacturing |
Victoria |
BC |
13 |
|
34 |
1077 |
1-2 |
Construction |
Vancouver |
BC |
20 |
|
35 |
1061 |
1-2 |
Marketing & Media |
Surrey |
BC |
15 |
|
36 |
1041 |
1-2 |
Marketing & Media |
Edmonton |
AB |
28 |
|
37 |
1029 |
1-2 |
Professional Services |
Calgary |
AB |
9 |
|
38 |
978 |
1-2 |
Marketing & Media |
Brossard |
QC |
11 |
|
39 |
976 |
10-20 |
Manufacturing |
Vancouver |
BC |
262 |
|
40 |
903 |
1-2 |
Marketing & Media |
Edmonton |
AB |
15 |
|
41 |
890 |
5-10 |
Professional Services |
Toronto |
ON |
30 |
|
42 |
882 |
1-2 |
Retail (traditional and/or e-commerce) |
Montreal |
QC |
7 |
|
43 |
868 |
1-2 |
Information Technology |
Surrey |
BC |
3 |
|
44 |
776 |
5-10 |
Transportation & Logistics |
Mississauga |
ON |
16 |
|
45 |
727 |
1-2 |
Financial Services |
Toronto |
ON |
50 |
|
46 |
718 |
2-5 |
Information Technology |
Montreal |
QC |
19 |
|
47 |
714 |
2-5 |
Retail (traditional and/or e-commerce) |
Woodbridge |
ON |
8 |
|
48 |
713 |
2-5 |
Retail (traditional and/or e-commerce) |
Victoriaville |
QC |
3 |
|
49 |
662 |
2-5 |
Construction |
Toronto |
ON |
18 |
|
50 |
535 |
2-5 |
Marketing & Media |
Toronto |
ON |
33 |
|
51 |
475 |
5-10 |
Real Estate |
Grande Prairie |
AB |
62 |
|
52 |
467 |
1-2 |
Marketing & Media |
Toronto |
ON |
3 |
|
53 |
417 |
2-5 |
Construction |
Surrey |
BC |
3 |
|
54 |
408 |
1-2 |
Financial Services |
Toronto |
ON |
12 |
|
55 |
396 |
5-10 |
Industrial Services |
Brampton |
ON |
28 |
|
56 |
389 |
1-2 |
Retail (traditional and/or e-commerce) |
Calgary |
AB |
7 |
|
57 |
385 |
1-2 |
Wholesale & Distribution |
Markham |
ON |
8 |
|
58 |
385 |
1-2 |
Professional Services |
Winnipeg |
MB |
9 |
|
59 |
378 |
1-2 |
Software |
Sherbrooke |
QC |
18 |
|
60 |
360 |
1-2 |
Health Care |
Ottawa |
ON |
10 |
|
61 |
352 |
2-5 |
Software |
Vancouver |
BC |
27 |
|
62 |
316 |
20-50 |
Telecommunications |
Toronto |
ON |
102 |
|
63 |
314 |
1-2 |
Software |
Vancouver |
BC |
44 |
|
64 |
310 |
1-2 |
Construction |
Toronto |
ON |
5 |
|
65 |
294 |
5-10 |
Biotech |
Kitchener |
ON |
25 |
|
66 |
284 |
5-10 |
Professional Services |
Calgary |
AB |
13 |
|
67 |
265 |
1-2 |
Consumer Services |
Toronto |
ON |
7 |
|
68 |
264 |
50-100 |
Construction |
Burnaby |
BC |
65 |
|
69 |
226 |
2-5 |
Manufacturing |
Markham |
ON |
15 |
|
70 |
217 |
5-10 |
Construction |
Etobicoke |
ON |
50 |
|
71 |
209 |
2-5 |
Professional Services |
Toronto |
ON |
12 |
|
72 |
201 |
5-10 |
Software |
DeBolt |
AB |
45 |
|
73 |
188 |
10-20 |
Wholesale & Distribution |
Langley |
BC |
10 |
|
74 |
145 |
2-5 |
Professional Services |
Toronto |
ON |
17 |
|
75 |
134 |
2-5 |
Health Care |
Toronto |
ON |
35 |
|
76 |
117 |
5-10 |
Real Estate |
Toronto |
ON |
123 |
|
77 |
107 |
5-10 |
Marketing & Media |
Toronto |
ON |
14 |
|
78 |
104 |
10-20 |
Professional Services |
Vancouver |
BC |
100 |
|
79 |
98 |
5-10 |
Marketing & Media |
London |
ON |
63 |
|
80 |
95 |
50-100 |
Wholesale & Distribution |
Mississauga |
ON |
12 |
|
81 |
76 |
2-5 |
Professional Services |
Toronto |
ON |
8 |
|
82 |
71 |
2-5 |
Manufacturing |
Toronto |
ON |
21 |
|
83 |
69 |
2-5 |
Professional Services |
Toronto |
ON |
20 |
|
84 |
67 |
1-2 |
Information Technology |
Edmonton |
AB |
18 |
|
85 |
29 |
2-5 |
Information Technology |
Toronto |
ON |
15 |
What is the Startup List?
The Startup List serves as a companion to the Growth List ranking of Canada’s Fastest-Growing Companies. Formerly the Startup 50, the list has been expanded, because startups are where the exciting entrepreneurial action is! We celebrate businesses that have achieved remarkable growth—look no further than the numbers on these pages for proof!—in a very short period of time.
The Startup List ranks businesses on two-year revenue growth. To be eligible, a company must have been founded, and started generating revenue, between July 1, 2014, and early 2017. All companies applied to participate in the program. We shortlisted companies based on revenue figures supplied on a brief self-nominating ballot, then verified eligibility and revenue claims through detailed questionnaires and reviews of applicant-supplied financial statements. Companies must have generated minimum revenue of at least $1 million in the most recent fiscal year to qualify. Growth rates were calculated using a base-year minimum of $200,000.
Be a New Growth star!
Please visit canadianbusiness.com for updates on next year’s program. If your company has a shot to make the 2021 Startup List, we’ll contact you with next steps at a future date.