Growth 500

Startup 50: The Complete Ranking of Canada’s Top New Growth Companies

Meet Canada’s Top New Growth Companies for 2018

    Growth 500: Canada’s Fastest-Growing Companies

    The brash, bold, bright upstarts on our 2018 Startup 50 ranking of Canada’s Top New Growth Companies represent the most promising enterprises the country has to offer. They’ve successfully brought innovative new ideas, products and services to market at a breakneck pace, and they’ve done it in style. Pay attention: These businesses are the next big thing.

    † = $US

    RankCompany 2-year revenue growth (%)2017 revenue ($mil)IndustryCityProvinceEmployees, 2017 (full-time equivalent)
    1Fleet Optics6,46810-20Transportation & LogisticsMississaugaOnt.114
    2Tangent Animation5,22210-20Marketing & MediaWinnipegMan.141
    3Mill Street & Co.3,280100-200DiversifiedThornhill Ont.600
    5Tina Davies Professional2,2412-5RetailTorontoOnt.8
    6CHICC (Canadian Home Improvement Credit Corp.)2,1062-5Financial ServicesMississaugaOnt.9
    7Kontrol Energy2,0285-10EnergyVaughan Ont.43
    9Jacked Factory1,9405-10RetailSt. John'sNfld.3
    11HonkMobile1,3065-10Financial ServicesTorontoOnt.9
    12Platform Insurance1,2572-5Financial ServicesTorontoOnt.25
    13Eva's Original Chimneys1,2492-5RetailMississaugaOnt.33
    14Swift Labs 1,0482-5ManufacturingKitchenerOnt.26
    15MatchBox9705-10Human ResourcesVancouverB.C.60
    16Breakthrough Academy9452-5Professional ServicesVancouverB.C.16
    19Carrot Rewards8115-10Marketing & MediaTorontoOnt.32
    20Creos7891-2Professional ServicesLongueuilQue.11
    21Invoice Simple7451-2SoftwareVancouverB.C.7
    22Curate Mobile73110-20Marketing & MediaTorontoOnt.18
    24Traxxall Technologies6882-5SoftwareMontrealQue.48
    25Caliber Communications6882-5Information TechnologyHamiltonOnt.45
    26Humanify3606722-5Human ResourcesMontrealQue.15
    27Affinity67010-20Human ResourcesVancouverB.C.97
    29GreenFrog Construction6502-5ConstructionVaughanOnt.40
    30FreshWorks Studio6311-2SoftwareVictoriaB.C.25
    32OVC Assurance5821-2Financial ServicesLongueuilQue.29
    33Nix Sensor5401-2information TechnologyHamiltonOnt.18
    35Blender Networks44410-20Marketing & MediaHalifaxN.S.14
    37Underdog Studio3931-2Marketing & MediaTorontoOnt.9
    38R2i38410-20Information TechnologyMontrealQue.19
    40Collective Arts Brewing36110-20ManufacturingHamiltonOnt.69
    41iPro Group3591-2Marketing & MediaRichmondB.C.21
    42Array of Stars3441-2Marketing & MediaTorontoOnt.9
    43Truespeed Internet Services3432-5TelecommunicationsBrockvilleOnt.19
    445 Point Operations33810-20ConstructionKelownaB.C.450
    45StackAdapt33510-20Marketing & MediaTorontoOnt.62
    46Flytographer3172-5Consumer ServicesVictoriaB.C.18
    48Be One Breed2875-10ManufacturingLa Vallée-du-RichelieuQue.17
    49District M28550-100Marketing & MediaMontrealQue.62
    50Alliance Zone2845-10AgricultureLongueuilQue.5

    † = $US

    What is the Startup 50?

    The Startup 50 serves as a companion to the Growth 500 ranking of Canada’s Fastest-Growing Companies. It is meant to celebrate businesses that have achieved remarkable growth—look no further than the numbers on these pages for proof!—in a very, very short period of time.

    The Startup 50 ranks businesses on two-year revenue growth. In order to be eligible, a company must have been founded and generating revenue between July 1, 2012 and early 2015. All companies voluntarily applied to participate in the program. We shortlisted companies based on revenue figures supplied on a brief self-nominating ballot, then verified eligibility and revenue claims through detailed questionnaires and reviews of applicant-supplied financial statements. Companies must have generated minimum revenue of at least $1 million in the most recent fiscal year to qualify. Growth rates were calculated using a base-year minimum of $200,000. Visit for more.

    Be a new growth star!

    If you feel your company has a shot to make the 2019 Startup 50, please complete a Growth 500/Startup 50 ballot at If it appears as if your business is a contender, we’ll contact you with next steps in the spring of 2019.