About startup landscape in Canada
Canada has over 219,917 startups, making it the fifth-largest startup hub globally. Of these, 21.2K are funded companies that have collectively raised $479B in venture capital and private equity. The country is home to 26 unicorns. A total of 11,281 investors have participated in 35,731 funding rounds, with 1,382 startups securing early-stage funding and 822 raising late-stage funding. In the last five years, 15,350 new companies have been founded, raising over $6.19B in funding. Startups in Canada have witnessed 9,128 acquisitions and 5,905 IPOs, while 21,945 startups wrapped up operations. Additionally, 4,755 companies have been founded by women.
Top Companies in Canada
Shopify is the top company in Canada, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Canada:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of an all-in-one commerce platform for businesses of all sizes | Ottawa (Canada) | 2006 | Public | $122M | |
Commercial bank | Toronto (Canada) | 1817 | Public | - | |
Platform offering legal practice management software | Vancouver (Canada) | 2008 | Series G | $1.79B | |
Provider of cloud based platform for home healthcare practitioners | Toronto (Canada) | 2014 | Series D | $274M | |
Provider of point of sale and payment platform for businesses | Montreal (Canada) | 2005 | Public | $292M |
Recent Funding Rounds in Canada
In the year 2026, till August 2026, $4.98B has been raised in 289 equity
funding rounds across Canada. In the same period last year (i.e. till August 2025), $5.12B had been raised across 820 rounds in Canada. So, 2026 has seen a 2.71% drop in funding in companies of Canada as compared to 2025.
Here are some recent, important funding rounds in Canada:Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 6766 | Aug 18, 2026 | and 4 more | |
Seed | 2951 | Aug 17, 2026 | ||
Seed | 4623 | Aug 13, 2026 | - | |
Series E | 7790 | Aug 13, 2026 | ||
Series A | 4884 | Aug 11, 2026 |
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- 220K+ Total Companies
- $479B+ Total Funding
- 21.2K+ Funded Companies
- 5.9K+ IPOs
- 9.1K+ Acquisitions
Top Investors in Canada
Europa is the top investor in companies of Canada based on number of companies invested.
Here are some top investors in Canada:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Montreal (Canada) | ||
Washington, DC (United States) | ||
Waterloo (Canada) | ||
Toronto (Canada) |
Acquisitions in Canada
In the year 2026, till August 2026, 273 acquisitions happened in Canada. Last year, in 2025, a total of 495 acquisitions happened in Canada.
Here are some recent, important acquisitions in Canada:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Aug 19, 2026 | ||
Business Acquisition | Aug 19, 2026 | ||
Business Acquisition | Aug 13, 2026 | ||
Business Acquisition | Aug 12, 2026 | ||
Business Acquisition | Aug 10, 2026 |
IPOs in Canada
In the year 2026, till August 2026, 53 IPOs happened in Canada. In its previous year, in 2025, a total of 64 IPOs happened in Canada.
Here are some recent, important IPOs in Canada:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Aug 11, 2026 | Canadian Securities Exchange (CSE) | |
Jul 27, 2026 | Canadian Securities Exchange (CSE) | |
Jul 24, 2026 | Canadian Securities Exchange (CSE) | |
Jul 17, 2026 | Canadian Securities Exchange (CSE) | |
Jul 09, 2026 | Euronext Exchange (Euronext) |
Top News about startups in Canada
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Rocket Doctor AI Named One of Canada's Top 100 AI & Tech Startups for ALL IN 2026GlobeNewswire•Jul 23, 2026•Rocket Doctor
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Realbotix Corp. Provides Corporate Structure and Operations UpdateBusiness Wire•Jul 22, 2026•Realbotix
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BOXX Insurance Updates Commercial Policy to Cover AI and Deepfake ThreatsPR Newswire•Jul 22, 2026•BOXX Insurance
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Nevada Lithium Resources Announces Engagement of Arrowhead Business and Investment Decisions, LLCJuniorminingnetwork•Jul 21, 2026•Nevada Lithium
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