The Globe and Mail has published their third annual ranking of Canada’s Top Growing Companies and the list of 448 businesses sprawl across sectors, from fashion to finance, and manufacture everything from medical testing devices to organic pasta.
Techcouver has poured over the list to uncover Vancouver’s gems of entrepreneurial success, whether they be companies that we’ve all heard of or are hearing about for the very first time.
These 8 companies were responsible for a combined $600+ million in revenue last year and employ over 1,500 in Vancouver.
Spocket, an acronym for “store in your pocket”, is a Vancouver startup that allows e-commerce retailers to easily start dropshipping top products from US and EU suppliers. Founded by Saba Mohebpour, the thriving business model came to Mohebpour out of a problem he experienced as a retailer himself.
Successfully raising $2.5 million to date, Spocket placed 14th on the Globe’s list with 2-year revenue growth of 3,154% and revenue in the range of 5-10 million. Spocket has integrated with the biggest players in the e-commerce space—including Wix and Shopify—and plans to expand to five new platforms in 2021.
Certn was named to Techcouver’s 10 Homegrown B.C. Startups to Watch in 2020 list in January 2020 and have proven themselves worthy of the nod. Founded in 2016, Certn is innovating how organizations acquire candidate intel and individuals complete background checks, with the help of comprehensive and secure AI.
Led by CEO Andrew McLeod, Certn placed 22nd on the Globe’s list with 3-year revenue growth of 2,441% and revenue in the range of $5-10 million. This month Certn was named one of Canada’s most innovative startups by CIX and the Canadian Tech Innovator of 2021 in the inaugural KPMG Private Enterprise Tech Innovator in Canada competition.
Article sells modern furniture direct to consumers. Led by CEO Aamir Baig, Article placed 159th on the Globe’s list with 3-year revenue growth of 272% and revenue in the range of $250-500 million. In 2019 Article was named Canada’s Fastest-Growing Company by Canadian Business based on 5-year revenue growth of 24,182%. While revenue growth may be slowing, that is still a lot of coffee tables. Article currently employs 800+.
Jane App is cloud-based, health care practice management software used by practitioners in a variety of disciplines including physiotherapists, massage therapists, and chiropractors. Employing over 100 in North Vancouver, Jane ranked #99 on the Globe’s list with 3-year revenue growth of 557%. Founded in 2011 by Alison Taylor and Trevor Johnston, Jane’s momentum is accelerating thanks to a $2 million debt financing round from CIBC Innovation Banking.
Lumen5 uses artificial intelligence to create high quality videos for content marketing at scale. The Vancouver startup’s AI platform already boasts more than 300,000 users. Led by co-founder & CEO Michael Cheng, Lumen5 took home first place at the 2019 New Ventures BC Competition, winning $100,000. The youngest company on our watch list, Lumen5 ranked #100 on the Globe’s list with 553% 3-year revenue growth.
Klue helps companies collect and curate hard to find competitive intelligence, combining the best of what the web knows about your competition with the best of what your employees know into a single repository. Klue recently raised a $15 million Series A round led by Craft Ventures which is led by the PayPal Mafia’s David Sacks. Klue was co-founded in 2015 by Jason Smith and Saranthy Naicker and ranked #23 on the Globe’s list, reporting 3-year revenue growth of 2,418%. Klue currently employs 80 in Vancouver and is a finalist in the Tech Culture of the Year category at this year’s BC Tech Awards.
Conceived by a former Fidelity analyst, Canalyst is an independent provider of fundamental models to institutional investors. The firm now serves many of the world’s largest asset managers, who trust Canalyst’s data accuracy, breadth, and adaptability to enrich and streamline their research workflow.
With more than 100 employees in Vancouver and New York City, Canalyst’s fundamental model platform has been embraced by over 400 clients — asset managers, hedge funds, and family offices. Canalyst ranks #26 on the Globe’s list with 2,223% revenue growth over the last 3 years.
Founded in 2014, Vancouver’s Latergramme was the first Instagram scheduling tool. Rebranded as Later, the scaleup has grown to over 175 employees and is trusted by over 3 million users. Last year Later landed 16th on the Technology Fast 50 list with revenue growth of 1,074%. A year later Later is still at it, ranking #51 on Globe’s list with 1,164% revenue growth and annual revenue of 25-50 million. Later employs 175+ in Vancouver.