About startup landscape in Canada
Canada has over 212,079 startups, making it the fifth-largest startup hub globally. Of these, 21K are funded companies that have collectively raised $473B in venture capital and private equity. The country is home to 26 unicorns. A total of 11,022 investors have participated in 35,178 funding rounds, with 1,370 startups securing early-stage funding and 805 raising late-stage funding. In the last five years, 11,480 new companies have been founded, raising over $5.43B in funding. Startups in Canada have witnessed 9,053 acquisitions and 5,733 IPOs, while 21,946 startups wrapped up operations. Additionally, 4,754 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 | - | |
Provider of an app-based platform for consumer loans and debt management solutions | Vancouver (Canada) | 2008 | 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 |
Recent Funding Rounds in Canada
In the year 2026, till May 2026, $2.51B has been raised in 173 equity
funding rounds across Canada. In the same period last year (i.e. till May 2025), $2.82B had been raised across 695 rounds in Canada. So, 2026 has seen a 10.98% 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 |
|---|---|---|---|---|
Series A | 5624 | May 20, 2026 | and 5 more | |
Series C | 3535 | May 20, 2026 | ||
Series C | 5522 | May 19, 2026 | ||
Series A | 2791 | May 18, 2026 | ||
Seed | 5965 | May 15, 2026 |
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- 212K+ Total Companies
- $473B+ Total Funding
- 21K+ Funded Companies
- 5.7K+ 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 May 2026, 168 acquisitions happened in Canada. Last year, in 2025, a total of 490 acquisitions happened in Canada.
Here are some recent, important acquisitions in Canada:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | May 21, 2026 | ||
Business Acquisition | May 21, 2026 | ||
Business Acquisition | May 20, 2026 | ||
Business Acquisition | May 20, 2026 | ||
Business Acquisition | May 19, 2026 |
IPOs in Canada
In the year 2026, till May 2026, 32 IPOs happened in Canada. In its previous year, in 2025, a total of 65 IPOs happened in Canada.
Here are some recent, important IPOs in Canada:
Company | IPO Date | Exchange Symbol |
|---|---|---|
May 21, 2026 | Toronto Stock Exchange (TSX) | |
May 21, 2026 | Toronto Stock Exchange (TSX) | |
May 20, 2026 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
May 12, 2026 | Toronto Stock Exchange (TSX) | |
May 12, 2026 | Canadian Securities Exchange (CSE) |
Top News about startups in Canada
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T-RIZE Structures Up to $500 Million Private Credit Digital Bond ProgrammeGlobeNewswire•Mar 30, 2026•T-Rize Group
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Daiya Launches Gluten-Free, Dairy-Free Pizza Crust for U.S. Operators at Pizza ExpoPerishableNews.com•Mar 25, 2026•Daiya Foods
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Zensurance Awards $10,000 Grant to Next Level Property ManagementGlobeNewswire•Mar 24, 2026•Zensurance
