Deloitte unveiled the winners of the Technology Fast 50 program today. This is an annual event and focusses in on innovation, entrepreneurship, achievements and evolution within the Canadian technology space, specifically in three categories: the Technology Fast 50 ranking, Companies-to-Watch and Leadership awards.
Deloitte noted that this year’s winners grew an average of 4736% over five years, which is higher than the average last year at 832%. This year, majority of the Technology Fast 50 winners are from Ontario (29), followed by Québec (9) British Columbia (8), and Alberta (4). 17 of the Fast 50 winners are new to the program.
Taking top spot is Chango, a Toronto-based digital media company. Vancouver’s Hootsuite placed second, followed by Ottawa-based Shopify.
“The achievements of this year’s Fast 50 recipients are an indication that Canadian technology companies can excel here on home soil,” said Robert Nardi, Partner and National Technology Media & Telecommunications Leader for Deloitte in Canada. “Fast-growing companies used to look solely to the US to secure sources of capital when domestic venture capital dried up after 2000, but the pendulum is now swinging back into balance. That is the result of recently added investments to the Canadian technology investing sector. ”
1. Chango (Toronto with 69,800% growth)
2. HootSuite (Vancouver with 56,514% growth)
3. Shopify (Ottawa with 16,759% growth)
4. Dejero Labs Inc. (Waterloo with 14,299% growth)
5. QuickMobile (Vancouver with 12,332% growth)
6. Uken Games (Toronto with 11,528% growth)
7. Aeryon Labs Inc. (Waterloo with 10,670% growth)
8. AcuityAds Inc. (Toronto with 6,589% growth)
9. ScribbleLive (Toronto with 5,857% growth)
10. Clio (Burnaby with 5,499% growth)
11. 360incentives (Whitby with 5,339% growth)
12. Robots and Pencils (Calgary with 4,971% growth)
13. Firmex (Toronto with 1,268% growth)
14. Securefact (Toronto with 1,135% growth)
15. Avigilon Corporation (Vancouver with 956% growth)
16. Zafin (Vancouver with 865% growth)
17. VIZIYA Corporation (Hamilton with 851% growth)
18. EcoSynthetix Inc. (Burlington with 816% growth)
19. Miovision Technologies Inc. (Kitchener with 749% growth)
20. Achievers (Toronto with 727% growth)
21. SourceKnowledge (Montreal with 655% growth)
22. Appnovation Technologies Inc. (Vancouver with 654% growth)
23. 5N Plus Inc. (Saint-Laurent with 581% growth)
24. Real Matters (Markham with 461% growth)
25. Acquisio Inc. (Brossard)
26. AskingCanadians (Toronto with 434% growth)
27. Venngo (Toronto with 392% growth)
28. CoolIT Systems Inc. (Calgary with 382% growth)
29. Symbility Solutions (Toronto with 377% growth)
30. CM Labs Simulations (Montreal with 322% growth)
31. Solace Systems (Kanata with 319% growth)
32. PointClickCare (Mississauga with 275% growth)
33. PEER Group (Kitchener with 265% growth)
34. Clevest (Richmond with 259% growth)
35. Etelesolv (Lachine with 248% growth)
36. Solium Capital (Calgary with 246% growth)
37. Doxim (Markham with 239% growth)
38. CloudOps (Montreal with 236% growth)
39. Berkeley Payment Solutions (Toronto with 230% growth)
39. Dominion Voting Systems Corporation (Toronto with 230% growth)
41. iBwave (Saint-Laurent with 228% growth)
42. Connexon Telecom Inc. (Montreal with 220% growth)
42. Photon Control Inc. (Burnaby with 220% growth)
44. 3esi (Calgary with 211% growth)
45. Intelex Technologies Inc. (Toronto with 204% growth)
46. TransGaming (Toronto with 199% growth)
47. Phoenix Interactive Design Inc. (London with 196% growth)
48. Klick Health (Toronto with 192% growth)
49. Geotab Inc. (Oakville with 187% growth)
50. Stingray (Montreal with 182% growth)