About Accelerator Centre
Accelerator Centre, an accelerator and incubator program founded in 2006, is based in Waterloo, Canada. With a presence in 15 countries, it has supported around 445 startups in sectors like Enterprise Applications, High Tech. As of Nov 2026, Accelerator Centre has 2 unicorns under its belt and has witnessed 36 portfolio exits. Most notable companies in
its portfolio include Top Hat, Kik and Miovision. The program is backed by a team of 25 people who primarily support Seed startups based in Canada. Its latest investment was a Undisclosed Grant (prize money) round in Steadiwear on Sep 24, 2025.
Accelerator Centre's List of Top Investments
Accelerator Centre has a portfolio of 445 companies, including 2 unicorns. Their most notable investments are in CodeGem and CoGuard.Their portfolio spans across Canada, United States, Australia and 12 more locations. They have invested in Enterprise Applications, High Tech, HealthTech and 38 other sectors, across stages such as Seed, Unattributed and 3 more. Here is the list of top investments by Accelerator Centre:1. Top Hat
Provider of interactive learning software for higher education course management. This platform facilitates student engagement through digital tools including polling, quizzes, and interactive textbooks. It integrates with learning management systems to track attendance, monitor student performance, and deliver course content. The software includes artificial intelligence features to assist with assessment creation and study support. Educators use these tools to manage classroom activities and identify learning gaps through data analytics.
Key facts about Top Hat
- Founded Year: 2009
- Location: Toronto (Canada)
- Stage: Series E
- Total Funding till date: $200M
- Employee Count: 462 as on Sep 30, 2026
- Investors: Western Technology Investment, Teralys Capital and 20 Others
- Latest Funding Round: Series E, Feb 04, 2021, $*****
- Highlight: Editors' Pick
2. Kik
Kik is a mobile application that provides multimedia messaging for friends and family members. It allows users to send 1-to-1 text messages over the data plan or a Wi-Fi connection. Its features include photos, files, GIFs, emojis/stickers & voice recordings sharing support; group chatting, user nicknames support, and others. It also provides quizzes, fashion tips, news, advice and more. The app is available for iOS and Android devices.
Key facts about Kik
- Founded Year: 2009
- Location: Santa Monica (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $166M
- Employee Count: 56 as on Sep 30, 2026
- Investors: SIB Investment Group, Millennium Technology Value Partners and 16 Others
- Latest Funding Round: Series D, Jul 03, 2017, $*****
- Highlight: Acquired

3. Miovision
Developer of traffic management software and intelligent transportation hardware systems. Products include video detection cameras, signal performance analytics, and adaptive signal control technology. The offerings facilitate emergency vehicle preemption and transit signal priority to improve traffic flow. Additional capabilities include portable data collection devices and cloud-based platforms for monitoring intersection performance and safety. These tools assist in managing signalized intersections and analyzing multimodal traffic data for operational planning.
Key facts about Miovision
- Founded Year: 2005
- Location: Kitchener (Canada)
- Stage: Series D
- Total Funding till date: $307M
- Employee Count: 514 as on Sep 30, 2026
- Investors: HarbourVest Partners, Comerica and 18 Others
- Latest Funding Round: Series D, Apr 17, 2023, $*****
- Highlight: Editors' Pick
4. Plex
Plex TV is an ad-supported streaming service. It offers live TV channels, movies, and shows to its clients. Also offers an option to access the content through its Android and iOS apps.
Key facts about Plex
- Founded Year: 2009
- Location: Los Gatos (United States)
- Stage: Series C
- Total Funding till date: $132M
- Employee Count: 141 as on Sep 30, 2026
- Investors: Ascolta Ventures, Kleiner Perkins and 4 Others
- Latest Funding Round: Series C, Jan 17, 2024, $*****
- Highlight: Editors' Pick
5. Axonify
Provider of a platform for frontline employee training and task management. The platform integrates communication, training, and task management to ensure frontline teams are prepared. It offers tools for adaptive training, AI-powered assistance, and content authoring. The platform aims to improve employee onboarding, customer experience, and change readiness.
Key facts about Axonify
- Founded Year: 2011
- Location: Waterloo (Canada)
- Stage: Acquired
- Total Funding till date: $28.1M
- Employee Count: 192 as on Sep 30, 2026
- Investors: Harmony Partners, Harmony Venture Partners and 11 Others
- Latest Funding Round: Series C, Oct 09, 2018, $*****
- Highlight: Acquired
Accelerator Centre's Year-on-Year Investment Trends
Accelerator Centre has invested in 445 companies over the last 16 years, with an average of 28 new investments annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in Steadiwear and most recent follow-on round was in Nicoya Life.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 5 | 0 | 5 |
2022 | 97 | 0 | 97 |
2021 | 1 | 1 | 2 |
2020 | 65 | 0 | 65 |
2019 | 55 | 1 | 56 |
2018 | 22 | 0 | 22 |
2017 | 29 | 0 | 29 |
Accelerator Centre's Investments by Stage
Accelerator Centre has made 366 investments in Seed stage with an average round size of $31.4K, 4 investments in Unattributed stage with an average round size of $30K, 3 investments in Series A stage, 2 investments in Series B stage with an average round size of $60K and 1 investment in Grant (prize money) stage.Stage of entry | No. of Investments |
|---|---|
Seed | 366 |
Unattributed | 4 |
Series A | 3 |
Series B | 2 |
Grant (prize money) | 1 |
Note: We have considered here, only first round of investments
Accelerator Centre's Investments by Sector
Accelerator Centre has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, HealthTech and Retail. Notably, it has invested in 342 Tech companies, 252 Enterprise (B2B) companies, 199 Software companies and at least 134 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 122 |
Consumer | 66 |
High Tech | 64 |
HealthTech | 50 |
Retail | 37 |
Others | 467 |
Note: We have considered here, only first round of investments
Accelerator Centre's Investments by Geography
Accelerator Centre has made most investments in Canada (340), followed by United States where it has made 20 investments.Country | No. of Investments |
|---|---|
Canada | 340 |
United States | 20 |
Australia | 2 |
Finland | 2 |
India | 1 |
Others | 6 |
Note: We have considered here, only first round of investments
Accelerator Centre's recent investments
Accelerator Centre has not made any investment in 2026 so far.Here are the most recent investments by Accelerator Centre:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 24, 2025 | Canada | Grant (prize money) | 1555 | - | |
Jun 02, 2023 | Canada | Seed | 9261 | - | |
Jun 2023 | Canada | Seed | 8446 | - | |
May 01, 2023 | Canada | Seed | 5470 | - | |
Apr 28, 2023 | United States | Seed | 7114 | - |
Unicorns in Accelerator Centre's Portfolio
Accelerator Centre has 2 unicorns in its portfolio - Verda and ApplyBoard. The most recent unicorn in their portfolio is Verda. It became a unicorn in 2026, 7 years after Accelerator Centre first invested in it.Here is a list of unicorns in Accelerator Centre's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
55 | Provider of cloud infrastructure for artificial intelligence workloads | 2017 | Helsinki | Series B | fxhywss | ||
53 | Study abroad application platform connecting recruitment partners and schools | 2015 | Kitchener | Series D | wkjyvud |
Acquired companies in Accelerator Centre's Portfolio
36 companies from Accelerator Centre's portfolio have been acquired. The most recent acquisition was Chimoney in Jun 2026 by CapitalSage for $*****.Here are Accelerator Centre's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 16, 2026 | Sep 27, 2022 | Seed | 1481 | |
Apr 28, 2026 | Mar 12, 2015 | Seed | 1980 | |
May 09, 2025 | Sep 12, 2013 | Seed | 8444 | |
Jan 23, 2025 | - | - | 5108 | |
Jan 16, 2025 | Sep 27, 2022 | Seed | 4802 |
Team profile of Accelerator Centre
Accelerator Centre has a team of 25 members including 14 Partners located in Canada. Accelerator Centre's team sits on the board of 1 company.Here is a list of top team members in Accelerator Centre:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Toronto | - | ||
Partner | Canada | - | - | |
Partner | Kitchener | - | - | |
Partner | Ottawa | - | - | |
Partner | Cambridge | - | - | |
Partner | Kitchener | - | - | |
Partner | Canada | - | - | |
Partner | Canada | - | ||
Partner | Kitchener | - | - | |
Partner | Toronto | - | - | |
Partner | Ottawa | - | - |
Co-investors of Accelerator Centre
Over the past 16 years, 286 investors have co-invested in Accelerator Centre's portfolio companies. This includes funds and angels.
- Invested before Accelerator Centre: Velocity, MaRS Discovery District and 70 others have invested in rounds before Accelerator Centre. There are 6 companies where Velocity has invested before Accelerator Centre and 4 companies where MaRS Discovery District has invested before Accelerator Centre.
- Top Co-investors of Accelerator Centre: 3 investors entered a company along with Accelerator Centre. These include investors like HaloHealth (1 company).
- Invested after Accelerator Centre: A total of 211 investors have invested in Accelerator Centre's portfolio after their investments. Top Investors include BDC (9 companies) and Y Combinator (9 companies).
Recent News related to Accelerator Centre
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Canada Startup Ecosystem Encounters Setback, with 45% Decrease in YTD FundingCrowdfund Insider•Dec 24, 2023•Accelerator Centre, Creative Destruction Lab, Y Combinator, BoxOne Ventures
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The Accelerator Centre Partners with Mantle to Offer Founders AI-powered Equity Management PlatformWebwire•Nov 21, 2023•Accelerator Centre, Mantle
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T-Hub Partners with Canada’s Accelerator Centre to Boost International Market Immersion for Indian StartupsStartup Story•Oct 14, 2023•T-Hub, Accelerator Centre
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Accelerator Centre Secures $10 Million From Feddev Ontario For Venture Studio ProgramBetaKit•Jun 06, 2022•Accelerator Centre
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The Accelerator Centre appoints new CEO Jay Krishnan as it looks to adopt a more global mindsetBetaKit•Feb 25, 2021•Accelerator Centre
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Accelerator Centre, Amazon collaborating on first Canadian Alexa tech acceleratorBetaKit•Nov 04, 2019•Accelerator Centre, Amazon
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Waterloo's Accelerator Centre and Invest Ottawa launch IO AcceleratorBetaKit•Sep 20, 2018•Accelerator Centre
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UC Berkeley SkyDeck Accelerator Welcomes 16 New Portfolio Startups; New Berkeley SkyDeck Fund Invests $100,000 in Each Cohort CompanyPR Newswire•Dec 18, 2017•Accelerator Centre
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Waterloo’s Accelerator Centre Is Looking for Its New CeoBetaKit•Apr 28, 2014•Mespere LifeSciences, Accelerator Centre
