About Cryptocurrency ATMs sector in Canada
The Cryptocurrency ATMs sector in Canada comprises 19 companies, including 3 funded companies having collectively raised $10.1M in venture capital money and private equity. Out of these, 2 are Series A+ funded.
Cryptocurrency ATMs sector in Canada has seen 2 acquisitions. This represents almost 10.5% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
Top Cryptocurrency ATMs Companies in Canada
There are more than 19 companies in Cryptocurrency ATMs in Canada. Localcoin is the top Cryptocurrency ATMs company in Canada, ranked using Tracxn Score (what's this?).
Here are 5 of the top Cryptocurrency ATMs companies in Canada:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of cryptocurrency ATM network and online services for buying and selling crypto | Toronto (Canada) | 2016 | Unfunded | - | |
Provider of blockchain software and Bitcoin ATM hardware | 2013 | Funding Raised | - | ||
Vendor of Bitcoin ATMs | Ottawa (Canada) | 2005 | Acquired | $10.1M | |
Distributor of major home and professional appliance brands | Calgary (Canada) | 2013 | Unfunded | - | |
Provider of cannabis-infused food, drink, and cosmetic products via franchise stores | Montreal (Canada) | 2013 | Unfunded | - |
Companies founded year-on-year in the Cryptocurrency ATMs sector in Canada
4 Cryptocurrency ATMs startups in Canada were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | - |
2022 | - |
2021 | - |
2020 | - |
2019 | 1 |
2018 | - |
2017 | 4 |
Stage-wise distribution of Cryptocurrency ATMs sector companies in Canada
Out of the total 19 Cryptocurrency ATMs companies in Canada, 3 have secured funding. Among them, 2 have reached Series A or higher, and 2 to Series B or beyond.
Founded - 19
Funded - 3
Series A+ - 2
Series B+ - 2
Series C+ - 2
Company Stage | No. of companies |
|---|---|
Founded | 19 |
Funded | 3 |
Series A+ | 2 |
Series B+ | 2 |
Series C+ | 2 |
Funding Trends in the Cryptocurrency ATMs sector in Canada
Recent Funding Rounds in Cryptocurrency ATMs in Canada
In the year 2014, till June 2014, Cryptocurrency ATMs companies in Canada have raised $10.1M in equity funding across 2 rounds.
Here are some recent, important funding rounds in Cryptocurrency ATMs companies in Canada:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 3355 | Jun 12, 2014 | and 1 more | |
Seed | 7433 | Jan 19, 2014 | - | |
Seed | 8638 | - | - |
Top Investors in Cryptocurrency ATMs in Canada
OneEleven is the top investor in Cryptocurrency ATMs companies in Canada based on number of companies invested.
Here are some top investors in Cryptocurrency ATMs companies in Canada:
M&A activity in Cryptocurrency ATMs sector in Canada
In the year 2022, till October 2022, 1 acquisition happened in Cryptocurrency ATMs sector in Canada. Last year, in 2021, a total of 1 acquisition happened in Cryptocurrency ATMs sector in Canada.
Here are some recent, important acquisitions in Cryptocurrency ATMs sector in Canada:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 02, 2022 | ||
Business Acquisition | Sep 07, 2021 |
Acquisition trends in Cryptocurrency ATMs sector in Canada
Here are the acquisition trends in Cryptocurrency ATMs sector in Canada:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | - |
2022 | 1 |
2021 | 1 |
2020 | - |
2019 | - |
2018 | - |
2017 | - |
Colleges which produce the most Cryptocurrency ATMs companies in Canada
Companies founded by alumni from top colleges in the Cryptocurrency ATMs in Canada
Most number of Cryptocurrency ATMs startups in Canada have been founded by alumni from University of Waterloo and École polytechnique fédérale de Lausanne.
College | No. of companies |
|---|---|
University of Waterloo | 1 |
École polytechnique fédérale de Lausanne | 1 |
Top News in Cryptocurrency ATMs in Canada
•
Bitbuy enters strategic partnership with Canadian crypto ATM firm LocalcoinBitcoin Insider•Sep 19, 2023•Localcoin, WonderFi, Bitbuy.ca
•
Bitcoin Depot Completes Software Conversion to Bitaccess Across Full Bitcoin ATM FleetGlobeNewswire•Feb 22, 2023•Bitcoin Depot, Bitaccess