Startup List 2020

Meet Canada’s Top New Growth Companies for 2020

Growth 500: Canada’s Fastest-Growing Companies
The dynamos on our Startup List 2020 of Canada’s top new growth companies point the way to the future, with a dizzying array of fresh ideas. They’ve successfully brought innovative ideas, products and services to market. Disruptors? You know it. Meet this year’s cohort.

  • Rank
  • Company
  • 2-Year Growth (%)
  • 2019 Revenue ($mil)
  • Industry
  • City
  • Province
  • Employees 2019 (Full-time Equivalent)
Top ↑
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
No Results Found.

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.