Canada’s Hottest Startups of the Year Have Been Revealed

PROFIT Magazine has published their annual PROFIT HOT 50 list and this year’s edition includes many of the tech companies that we’ve been tracking over the past year.

Dubbed “Canada’s Hottest Startups,” the list ranks young firms by two-year revenue growth and is published in the October issue of PROFIT Magazine which is now available on news stands.

Among the high-growth companies on the list are a handful of tech companies—some of which Techvibes have been following closely.

  • #1: Toronto’s Chango – 9,630%
  • #3: Toronto’s Buytopia – 6,426%
  • #7: Waterloo’s Magnet Forensics – 2,727%
  • #11: Toronto’s ScribbleLive – 1,266%
  • #30: Vancouver’s FundRazr – 574%
  • #34: Toronto’s SecureKey Technologies – 525%
  • #36: Toronto’s Ideon Media – 502%
  • #49: Toronto’s Bnotions – 355%

Magnet Forensics, ScribbleLive, and Bnotions are all on the Profit Hot 50 list for the second year in a row.

Check out the complete list of companies here.

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