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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.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Unicorns Created
IPOs
Acquisitions

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
Get a longer list of companies

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
Series B
1120
Sep 16, 2026
PE
2022
Sep 10, 2026
Series C
8855
Sep 10, 2026
Series A
5023
Sep 10, 2026
See a more detailed list of funding rounds
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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:
See a more detailed list of investors

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
See a more detailed list of acquisitions

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)
See a more detailed list of IPOs

Top News about startups in Canada

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FAQs about Startups in Canada

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