50 of Today’s Most Innovative and Fastest-Growing Technology Companies in Canada

This week Deloitte announced the winners of its Technology Fast 50 program.

Companies were selected for innovation, entrepreneurship, leadership and revenue growth over a five-year period. This year’s Fast 50 award winners achieved an average five-year growth rate of 4,736%, a massive increase from last year’s growth rate of 832%.

“The achievements of this year’s Fast 50 recipients are an indication that Canadian technology companies can excel here on home soil,” said Robert Nardi, Partner and National Technology Media & Telecommunications Leader for Deloitte in Canada. “Fast-growing companies used to look solely to the US to secure sources of capital when domestic venture capital dried up after 2000, but the pendulum is now swinging back into balance.”

“Entrepreneurs can get good valuations in Canada,” said Pascal Lamoureux, Partner and Leader for Deloitte’s Fast 50 program. “With the right business model, combined with support from investors and government, they will stay.”

 

#

Growth %

Company Name

City

Province

1

69800%

Chango

Toronto

Ontario

2

56514%

HootSuite

Vancouver

BC

3

16759%

Shopify

Ottawa

Ontario

4

14299%

Dejero Labs Inc.

Waterloo

Ontario

5

12332%

QuickMobile

Vancouver

BC

6

11528%

Uken Games

Toronto

Ontario

7

10670%

Aeryon Labs

Waterloo

Ontario

8

6589%

AcuityAds Inc.

Toronto

Ontario

9

5857%

ScribbleLive

Toronto

Ontario

10

5499%

Clio

Burnaby

BC

11

5339%

360incentives

Whitby

Ontario

12

4971%

Robots and Pencils

Calgary

Alberta

13

1268%

Firmex

Toronto

Ontario

14

1135%

Securefact

Toronto

Ontario

15

956%

Avigilon Corporation

Vancouver

BC

16

865%

Zafin

Vancouver

BC

17

851%

VIZIYA Corporation

Hamilton

Ontario

18

816%

EcoSynthetix Inc.

Burlington

Ontario

19

749%

Miovision Technologies Inc

Kitchener

Ontario

20

727%

Achievers

Toronto

Ontario

21

655%

SourceKnowledge

Montreal

Quebec

22

654%

Appnovation Technologies

Vancouver

BC

23

581%

5N Plus Inc.

Saint-Laurent

Quebec

24

461%

Real Matters

Markham

Ontario

25

435%

Acquisio Inc.

Brossard

Quebec

26

434%

AskingCanadians

Toronto

Ontario

27

392%

Venngo

Toronto

Ontario

28

382%

CoolIT Systems Inc.

Calgary

Alberta

29

377%

Symbility Solutions

Toronto

Ontario

30

322%

CM Labs Simulations

Montreal

Quebec

31

319%

Solace Systems

Kanata

Ontario

32

275%

PointClickCare

Mississauga

Ontario

33

265%

PEER Group

Kitchener

Ontario

34

259%

Clevest

Richmond

BC

35

248%

Etelesolv

Lachine

Quebec

36

246%

Solium

Calgary

Alberta

37

239%

Doxim

Markham

Ontario

38

236%

CloudOps

Montreal

Quebec

39

230%

Berkeley Payment Solutions

Toronto

Ontario

39

230%

Dominion Voting Systems

Toronto

Ontario

41

228%

iBwave

Saint-Laurent

Quebec

42

220%

Connexon Telecom Inc.

Montreal

Quebec

42

220%

Photon Control Inc.

Burnaby

BC

44

211%

3esi

Calgary

Alberta

45

204%

Intelex Technologies Inc.

Toronto

Ontario

46

199%

TransGaming

Toronto

Ontario

47

196%

Phoenix Interactive Design Inc.

London

Ontario

48

192%

Klick Health

Toronto

Ontario

49

187%

Geotab Inc.

Oakville

Ontario

50

182%

Stingray Digital Group

Montreal

Quebec

 

A complete list winners in the Technology Fast 50, Companies-to-Watch and Leadership Award categories is available here