Startup Landscape in Canada

Canada has over 238,087 startups, making it the fifth-largest startup hub globally. Of these, 21.3K are funded companies that have collectively raised $483B in venture capital and private equity. The country is home to 26 unicorns. A total of 11,451 investors have participated in 35,852 funding rounds, with 1,381 startups securing early-stage funding and 829 raising late-stage funding. In the last five years, 20,068 new companies have been founded, raising over $7.66B in funding. Startups in Canada have witnessed 9,193 acquisitions and 6,031 IPOs, while 21,959 startups wrapped up operations. Additionally, 4,754 companies have been founded by women.