About startup landscape in Canada
Canada has over 229,610 startups, making it the fifth-largest startup hub globally. Of these, 21.3K are funded companies that have collectively raised $482B in venture capital and private equity. The country is home to 26 unicorns. A total of 11,377 investors have participated in 35,854 funding rounds, with 1,379 startups securing early-stage funding and 826 raising late-stage funding. In the last five years, 17,424 new companies have been founded, raising over $7.15B in funding. Startups in Canada have witnessed 9,163 acquisitions and 5,992 IPOs, while 21,940 startups wrapped up operations. Additionally, 4,756 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 | |
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 | |
App-based bus travel bookings | Montreal (Canada) | 2011 | Series C | $46M | |
Developer of enterprise AI platform and multilingual language and retrieval models | Toronto (Canada) | 2019 | Series D | $1.54B |
Recent Funding Rounds in Canada
In the year 2026, till September 2026, $6.57B has been raised in 312 equity
funding rounds across Canada. In the same period last year (i.e. till September 2025), $5.57B had been raised across 860 rounds in Canada. So, 2026 has seen a 18.05% rise 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 |
|---|---|---|---|---|
Series A | 8038 | Sep 17, 2026 | and 4 more | |
Series B | 1120 | Sep 16, 2026 | ||
PE | 2022 | Sep 10, 2026 | and 1 more | |
Series C | 8855 | Sep 10, 2026 | and 1 more | |
Series A | 5023 | Sep 10, 2026 |
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- 230K+ Total Companies
- $482B+ Total Funding
- 21.3K+ Funded Companies
- 6K+ IPOs
- 9.2K+ 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 September 2026, 293 acquisitions happened in Canada. Last year, in 2025, a total of 498 acquisitions happened in Canada.
Here are some recent, important acquisitions in Canada:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Sep 16, 2026 | ||
Business Acquisition | Sep 16, 2026 | ||
Business Acquisition | Sep 15, 2026 | ||
Business Acquisition | Sep 14, 2026 | ||
Business Acquisition | Sep 10, 2026 |
IPOs in Canada
In the year 2026, till August 2026, 67 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 26, 2026 | OTC Markets (OTCMKTS) | |
Aug 26, 2026 | Toronto Stock Exchange (TSX) | |
Aug 24, 2026 | Australian Securities Exchange (ASX) | |
Aug 11, 2026 | Canadian Securities Exchange (CSE) | |
Aug 06, 2026 | Canadian Securities Exchange (CSE) |
Top News about startups in Canada
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SalesCloser Reports Third Quarter Fiscal 2026 Financial Results and Business HighlightsGlobeNewswire•Aug 28, 2026•SalesCloser AI
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SalesCloser Technologies Files US Patent for Hybrid Session ManagementFinancial Post•Aug 26, 2026•SalesCloser AI
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Mastercam and ProShop Partner to Advance Digital ManufacturingPR Newswire•Aug 26, 2026•Mastercam, ProShop
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