These companies show there’s still plenty of good news in the Canadian tech sector
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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
Ranking | Company Name | Growth Percentage | City | Province | CEO & President | CEO & President Title |
---|---|---|---|---|---|---|
1 | Nobul | 72944% | Toronto | Ontario | Regan McGee | CEO and Chairman of the Board |
2 | Certn | 6407% | Victoria | British Columbia | Andrew McLeod | Co-founder & CEO |
3 | Bloom Care Solutions Inc. | 6286% | Vaughan | Ontario | Ben Fluter | Co-Founder & CEO |
4 | d1g1t Inc | 5476% | Toronto | Ontario | Dan Rosen | CEO |
5 | Mistplay | 5247% | Montreal | QC | Henri Machalani | Founder & CEO |
6 | Bitbuy | 4581% | Toronto | Ontario | Michael Arbus | CEO |
7 | Symend | 4366% | Calgary | Alberta | Hanif Joshagani | Co-founder & CEO |
8 | Brim Financial | 2904% | Toronto | Ontario | Rasha Katabi | Founder and CEO |
9 | Spocket | 2854% | Vancouver | British Columbia | Saba Mohebpour | CEO |
10 | Alphawave IP | 2658% | Toronto | Ontario | Tony Pialis | CEO & Founder |
11 | Clutch | 2511% | Etobicoke | Ontario | Dan Park | CEO |
12 | Marble | 2320% | Toronto | Ontario | James Bateman | CEO |
13 | AltaML | 2309% | Edmonton | Alberta | Nicole Janssen | Co-Founder & Co-CEO |
14 | GoBolt | 2267% | Toronto | Ontario | Mark Ang | CEO and Co-Founder |
15 | Dark Slope and Lumeto - divisions of Spatial Industries Group | 2077% | Toronto | Ontario | Raja Khanna | CEO |
16 | TransitLabs, RideCo | 1926% | Waterloo | Ontario | Prem Gururajan | Co-Founder & CEO |
17 | Dialogue Health Technologies Inc. | 1596% | Montreal | Quebec | Cherif Habib | CEO |
18 | HotSpex Media | 1475% | Toronto | Ontario | Josh Rosen | President |
19 | Smile Digital Health | 1284% | Toronto | Ontario | Duncan Weatherston | CEO - Chief Executive Officer |
20 | Staffy | 1269% | Toronto | Ontario | Peter Faist | CEO & Founder |
21 | DarkVision Technologies Inc. | 1205% | Vancouver | British Columbia | Stephen Robinson | CEO |
22 | Properly | 1163% | Toronto | Ontario | Anshul Ruparell | CEO and Co-Founder |
23 | Klue | 1041% | Vancouver | British Columbia | Jason Smith | CEO |
24 | Blockthrough | 974% | Toronto | Ontario | Marty Krátký-Katz | Co-Founder & CEO |
25 | Vention | 964% | Montreal | Quebec | Etienne Lacroix | CEO and Co-founder |
26 | League | 898% | Toronto | ON | Michael Serbinis | CEO |
27 | Wavo | 849% | Montreal | Quebec | Conor Clarke | CEO |
28 | Fantuan | 843% | Vancouver | BC | Randy Wu | CEO |
29 | GeoComply | 842% | Vancouver | British Columbia | Anna Sainsbury | Co-Founder & CEO |
30 | ApplyBoard | 829% | Kitchener | Ontario | Martin Basiri | CEO and Co-Founder |
31 | BenchSci | 802% | Toronto | Ontario | Liran Belenzon | CEO |
32 | Freight Club | 802% | Burnaby | British Columbia | Chris Randall | SVP |
33 | Underknown | 800% | Toronto | Ontario | Steve Hulford | CEO |
34 | Later | 790% | Vancouver | BC | Roger Patterson | President & co-founder |
35 | Ada | 764% | Toronto | Ontario | Mike Murchison | CEO & Co-Founder |
36 | hungerhub Canada Inc. | 744% | Toronto | Ontario | Sari Abdo | Cofounder, CEO |
37 | AlayaCare | 740% | Montreal | Quebec | Adrian Schauer | CEO & Founder |
38 | Clearco | 727% | Toronto | Ontario | Michele Romanow | CEO & Co-Founder |
39 | Upfeat | 689% | Winnipeg | Manitoba | Matthew Tate | Mr |
40 | Leap Tools | 625% | Toronto | Ontario | Pawel Rajszel | CEO |
41 | Rewind | 551% | Ottawa | Ontario | Mike Potter | CEO & Co-Founder |
42 | eSSENTIAL Accessibility Inc | 529% | Toronto | Ontario | Mark Steele | Co-Founder & President |
43 | Thinkific | 515% | Vancouver | British Columbia | Greg Smith | Co-founder & CEO |
44 | Tribe Property Technologies | 502% | Vancouver | British Columbia | Joseph Nakhla | CEO |
45 | Cloud Synapps Inc | 495% | Mississauga | Ontario | Utkarsh Bhatnagar | CEO |
46 | Jane | 467% | North Vancouver | British Columbia | Alison Taylor | Co-founder & Co-CEO |
47 | LiveBarn | 463% | Montreal | QC | Farrel Miller | CEO |
48 | Loopio | 440% | Toronto | Ontario | Zak Hemraj | Co-founder, CEO |
49 | iLobby | 437% | North York | Ontario | Ariel Mashiyev | CEO |
50 | ScalePad | 421% | Vancouver | British Columbia | Dan Wensley | Chief Executive Officer (CEO) |
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