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STARTUP 50: Canadian Business Magazine Names Canada's Top 50 Fastest Growing New Startups in Canada
Thursday, October 12, 2017
Vancouver, BC, October 12, 2017--(T-Net)--Canadian Business Magazine has profiled the top 50 fastest growing new companies and startups in Canada, measured by their revenue growth over the last two years.
10 new BC tech related companies and startups have made the list.
(you can see the BC company's employee headcount, two-year revenue growth, business focus, and 2016 annual revenue by clicking the links below)
1. Strawhouse (Kelowna)
2. Article (Vancouver)
12. 5 Point Operations (Kelowna)
16. Flytographer (Victoria)
18. Pixieset (Vancouver)
19. Refresh Financial (Kelowna)
27. Soulpepper Digital (Vancouver)
28. Workstory (Vancouver)
31. Maven Consulting (North Vancouver)
38. TriNimbus (Vancouver)
See the full list of Canadian Business Magazine's top 50 fastest growing new companies and startups in Canada here:
How the Companies were Ranked:
PROFIT and Canadian Business identified companies on the STARTUP 50—which serves as a companion to our PROFIT 500 ranking of Canada's Fastest-Growing Companies—by ranking businesses based on two-year revenue growth.
In order to be eligible, a company must have been founded and started generating revenue between July 1, 2011, and early 2014. We shortlisted companies based on revenue figures supplied on a brief self-nominating ballot, then verified revenue claims and eligibility through detailed questionnaires and reviews of applicant-supplied financial statements.
A minimum revenue requirement of $1 million in the most recent fiscal year applied to all firms. Growth rates were calculated using a base-year minimum of $200,000.