These companies show there’s still plenty of good news in the Canadian tech sector

There’s still plenty of good news in the tech sector, despite the recent barrage of bad headlines.

The Technology Fast 50 program, presented by Deloitte, celebrates the supersonic growth seen by Canada’s tech world in recent years.

Meet two Canadian companies that are changing the tech world

For 25 years, the Technology Fast 50 program has ranked the three-year revenue growth of 50 Canadian tech companies in a broad range of sectors from real estate to health care, to finance and semiconductors.

Each of the winners saw growth of more than 400% in the past three years, with Nobul Corp., a real estate marketplace site for agents and hopeful home buyers, grabbing the top spot with an eye-popping 72,944% growth rate.

To be eligible for the program, companies must be headquartered in Canada; invest a minimum of 5% of gross revenue in research and development; own proprietary technology sold to customers in products or services that contribute to a majority of the company’s operating revenues; be able to prove minimum revenue of $50,000 in 2018 and $5 million in 2021; and have been in business for at least four years.

In addition to the Technology Fast 50, the program includes rankings such as Enterprise 15 and Clean Technology. To view all the rankings visit Technology Fast 50 winners 2022 – Deloitte Canada.

All research is conducted by Deloitte. The Globe and Mail is a media sponsor of the program.

Canada’s Technology Fast 50

Ranking Company Name Growth Percentage City Province CEO & President CEO & President Title
1 Nobul 72944% Toronto Ontario Regan McGee CEO and Chairman of the Board
2 Certn 6407% Victoria British Columbia Andrew McLeod Co-founder & CEO
3 Bloom Care Solutions Inc. 6286% Vaughan Ontario Ben Fluter Co-Founder & CEO
4 d1g1t Inc 5476% Toronto Ontario Dan Rosen CEO
5 Mistplay 5247% Montreal QC Henri Machalani Founder & CEO
6 Bitbuy 4581% Toronto Ontario Michael Arbus CEO
7 Symend 4366% Calgary Alberta Hanif Joshagani Co-founder & CEO
8 Brim Financial 2904% Toronto Ontario Rasha Katabi Founder and CEO
9 Spocket 2854% Vancouver British Columbia Saba Mohebpour CEO
10 Alphawave IP 2658% Toronto Ontario Tony Pialis CEO & Founder
11 Clutch 2511% Toronto Ontario Dan Park CEO
12 Marble 2320% Toronto Ontario James Bateman CEO
13 AltaML 2309% Edmonton Alberta Nicole Janssen Co-Founder & Co-CEO
14 GoBolt 2267% Toronto Ontario Mark Ang CEO and Co-Founder
15 Dark Slope and Lumeto – divisions of Spatial Industries Group 2077% Toronto Ontario Raja Khanna CEO
16 TransitLabs, RideCo 1926% Waterloo Ontario Prem Gururajan Co-Founder & CEO
17 Dialogue Health Technologies Inc. 1596% Montreal Quebec Cherif Habib CEO
18 HotSpex Media 1475% Toronto Ontario Josh Rosen President
19 Smile Digital Health 1284% Toronto Ontario Duncan Weatherston CEO – Chief Executive Officer
20 Staffy 1269% Toronto Ontario Peter Faist CEO & Founder
21 DarkVision Technologies Inc. 1205% Vancouver British Columbia Stephen Robinson CEO
22 Properly 1163% Toronto Ontario Anshul Ruparell CEO and Co-Founder
23 Klue 1041% Vancouver British Columbia Jason Smith CEO
24 Blockthrough 974% Toronto Ontario Marty Krátký-Katz Co-Founder & CEO
25 Vention 964% Montreal Quebec Etienne Lacroix CEO and Co-founder
26 League 898% Toronto ON Michael Serbinis CEO
27 Wavo 849% Montreal Quebec Conor Clarke CEO
28 Fantuan 843% Vancouver BC Randy Wu CEO
29 GeoComply 842% Vancouver British Columbia Anna Sainsbury Co-Founder & CEO
30 ApplyBoard 829% Kitchener Ontario Martin Basiri CEO and Co-Founder
31 BenchSci 802% Toronto Ontario Liran Belenzon CEO
32 Freight Club 802% Burnaby British Columbia Chris Randall SVP
33 Underknown 800% Toronto Ontario Steve Hulford CEO
34 Later 790% Vancouver BC Roger Patterson President & co-founder
35 Ada 764% Toronto Ontario Mike Murchison CEO & Co-Founder
36 hungerhub Canada Inc. 744% Toronto Ontario Sari Abdo Cofounder, CEO
37 AlayaCare 740% Montreal Quebec Adrian Schauer CEO & Founder
38 Clearco 727% Toronto Ontario Michele Romanow CEO & Co-Founder
39 Upfeat 689% Winnipeg Manitoba Matthew Tate Mr
40 Leap Tools 625% Toronto Ontario Pawel Rajszel CEO
41 Rewind 551% Ottawa Ontario Mike Potter CEO & Co-Founder
42 eSSENTIAL Accessibility Inc 529% Toronto Ontario Mark Steele Co-Founder & President
43 Thinkific 515% Vancouver British Columbia Greg Smith Co-founder & CEO
44 Tribe Property Technologies 502% Vancouver British Columbia Joseph Nakhla CEO
45 Cloud Synapps Inc 495% Mississauga Ontario Utkarsh Bhatnagar CEO
46 Jane 467% North Vancouver British Columbia Alison Taylor Co-founder & Co-CEO
47 LiveBarn 463% Montreal QC Farrel Miller CEO
48 Loopio 440% Toronto Ontario Zak Hemraj Co-founder, CEO
49 iLobby 437% North York Ontario Ariel Mashiyev CEO
50 ScalePad 421% Vancouver British Columbia Dan Wensley Chief Executive Officer (CEO)

Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening. Sign up today.


Leave a Reply

Your email address will not be published. Required fields are marked *