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These companies show there’s still plenty of good news in the Canadian tech sector


There’s still plenty of good news in the tech sector, despite the recent barrage of bad headlines.

The Technology Fast 50 program, presented by Deloitte, celebrates the supersonic growth seen by Canada’s tech world in recent years.

Meet two Canadian companies that are changing the tech world

For 25 years, the Technology Fast 50 program has ranked the three-year revenue growth of 50 Canadian tech companies in a broad range of sectors from real estate to health care, to finance and semiconductors.

Each of the winners saw growth of more than 400% in the past three years, with Nobul Corp., a real estate marketplace site for agents and hopeful home buyers, grabbing the top spot with an eye-popping 72,944% growth rate.

To be eligible for the program, companies must be headquartered in Canada; invest a minimum of 5% of gross revenue in research and development; own proprietary technology sold to customers in products or services that contribute to a majority of the company’s operating revenues; be able to prove minimum revenue of $50,000 in 2018 and $5 million in 2021; and have been in business for at least four years.

In addition to the Technology Fast 50, the program includes rankings such as Enterprise 15 and Clean Technology. To view all the rankings visit Technology Fast 50 winners 2022 - Deloitte Canada.

All research is conducted by Deloitte. Tausi Insider is a media sponsor of the program.

Canada’s Technology Fast 50

RankingCompany NameGrowth PercentageCityProvinceCEO & PresidentCEO & President Title
1Nobul72944%TorontoOntarioRegan McGeeCEO and Chairman of the Board
2Certn6407%VictoriaBritish ColumbiaAndrew McLeodCo-founder & CEO
3Bloom Care Solutions Inc.6286%VaughanOntarioBen FluterCo-Founder & CEO
4d1g1t Inc5476%TorontoOntarioDan RosenCEO
5Mistplay5247%MontrealQCHenri MachalaniFounder & CEO
6Bitbuy4581%TorontoOntarioMichael ArbusCEO
7Symend4366%CalgaryAlbertaHanif JoshaganiCo-founder & CEO
8Brim Financial2904%TorontoOntarioRasha KatabiFounder and CEO
9Spocket2854%VancouverBritish ColumbiaSaba MohebpourCEO
10Alphawave IP2658%TorontoOntarioTony PialisCEO & Founder
11Clutch2511%EtobicokeOntarioDan ParkCEO
12Marble2320%TorontoOntarioJames BatemanCEO
13AltaML2309%Edmonton AlbertaNicole JanssenCo-Founder & Co-CEO
14GoBolt2267%TorontoOntarioMark AngCEO and Co-Founder
15Dark Slope and Lumeto - divisions of Spatial Industries Group2077%TorontoOntarioRaja KhannaCEO
16TransitLabs, RideCo1926%WaterlooOntarioPrem GururajanCo-Founder & CEO
17Dialogue Health Technologies Inc.1596%Montreal QuebecCherif HabibCEO
18HotSpex Media1475%TorontoOntarioJosh RosenPresident
19Smile Digital Health1284%TorontoOntarioDuncan WeatherstonCEO - Chief Executive Officer
20Staffy1269%TorontoOntarioPeter FaistCEO & Founder
21DarkVision Technologies Inc.1205%VancouverBritish ColumbiaStephen RobinsonCEO
22Properly1163%TorontoOntarioAnshul RuparellCEO and Co-Founder
23Klue1041%VancouverBritish ColumbiaJason SmithCEO
24Blockthrough974%TorontoOntarioMarty Krátký-KatzCo-Founder & CEO
25Vention964%MontrealQuebecEtienne LacroixCEO and Co-founder
26League898%TorontoONMichael SerbinisCEO
27Wavo849%MontrealQuebecConor ClarkeCEO
28Fantuan843%Vancouver BCRandy WuCEO
29GeoComply842%VancouverBritish ColumbiaAnna SainsburyCo-Founder & CEO
30ApplyBoard829%KitchenerOntarioMartin BasiriCEO and Co-Founder
31BenchSci802%Toronto Ontario Liran BelenzonCEO
32Freight Club802%BurnabyBritish ColumbiaChris RandallSVP
33Underknown800%TorontoOntarioSteve HulfordCEO
34Later790%VancouverBCRoger PattersonPresident & co-founder
35Ada764%TorontoOntarioMike MurchisonCEO & Co-Founder
36hungerhub Canada Inc.744%TorontoOntarioSari AbdoCofounder, CEO
37AlayaCare740%Montreal QuebecAdrian SchauerCEO & Founder
38Clearco727%TorontoOntarioMichele RomanowCEO & Co-Founder
39Upfeat689%WinnipegManitobaMatthew TateMr
40Leap Tools625%TorontoOntarioPawel RajszelCEO
41Rewind551%OttawaOntarioMike PotterCEO & Co-Founder
42eSSENTIAL Accessibility Inc529%TorontoOntarioMark SteeleCo-Founder & President
43Thinkific515%VancouverBritish ColumbiaGreg SmithCo-founder & CEO
44Tribe Property Technologies502%VancouverBritish ColumbiaJoseph NakhlaCEO
45Cloud Synapps Inc495%MississaugaOntarioUtkarsh BhatnagarCEO
46Jane467%North VancouverBritish ColumbiaAlison TaylorCo-founder & Co-CEO
47LiveBarn463%MontrealQCFarrel MillerCEO
48Loopio440%TorontoOntarioZak HemrajCo-founder, CEO
49iLobby437%North YorkOntarioAriel MashiyevCEO
50ScalePad421%VancouverBritish ColumbiaDan WensleyChief Executive Officer (CEO)

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