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Rocket Builders Releases 'Ready to Rocket' Lists to Profile BC Tech Companies with Highest Growth Potential in 2020
Wednesday, April 15, 2020Company Profile | Follow Company
Vancouver, BC, April 15, 2020--(T-Net)--Rocket Builders today released its eighteenth (18th) annual "Ready to Rocket" lists.
These lists profile British Columbia technology companies that are best positioned to capitalize on the technology sector trends that will lead them to faster growth than their peers. Rocket Builders also released results from its 2019 lists, with strong revenue growth across all sectors.
As is typical with this list, companies profiled tend to attract investment, partnerships and even get acquired. Last year, greater than half (103) received investment.
The annual 2020 "Ready to Rocket" lists provide accurate predictions of private companies that will likely experience significant growth, venture capital investment or acquisition by a major player in the coming year.
This year the lists feature 200 companies across 5 different technology sectors:
The "Ready to Rocket" lists are the only predictive lists of its kind in North America, requiring many months of sector and company analysis.
Geoffrey Hansen, Managing Partner at Rocket Builders
"Over the 18 years of the program, the B.C. technology sector has steadily grown each year, and presents a growing challenge to select and identify the most likely to succeed for our Ready to Rocket lists." said Geoffrey Hansen, Managing Partner at Rocket Builders. "In recent years, a startup economy has blossomed yielding a rich field of companies for our consideration, with over 600 companies reviewed to make our selections of 200 winners. Our Emerging Rocket lists enables us to profile those earlier stage companies that are well positioned for investment."
INFORMATION AND COMMUNICATIONS TECHNOLOGY (ICT)
The 2019 Ready to Rocket list for ICT performed extremely well. The average growth rate on that list was over 40% growth, with 31 companies with double digit growth and 12 exceeding 100% growth. The list as a whole represented the creation of over 500 jobs. 29% of companies on the list received new investment in 2019. Two companies graduated (achieve >20M revenue or over $50 in investment) and two were acquired.
"2019 was a great year for ICT in British Columbia as there was significant job creation and many breakthrough companies." said Reg Nordman, Managing Partner at Rocket Builders. "Despite the economic uncertainty, we foresee great growth potential for many of these companies as they offer leading edge technology that provides transformational capabilities that the world needs."
CLEANTECH (CT)
The 2019 Ready to Rocket list for Cleantech performed extremely well. The majority of companies on the list had in excess of 50% growth, and the lists together created over 200 jobs in 2019. Four companies graduated (achieve >20M revenue or over $50 in investment) and Ecotagious was acquired.
According to Dave Thomas, Senior Partner at Rocket Builders, "The Cleantech sector in B.C. continues to see growth. It is an exciting time in cleantech as renewable energy is reaching an economic tilting point and investors are keen on large investments in post-demonstration technologies that are ready to scale."
LIFE SCIENCE (LS)
The 2019 Ready to Rocket list for Life Science featured many new investments (70% received new investment) and key milestones. There were over 75 jobs created among companies on the list. The 2019 Ready to Rocket list for Life Science features 10 companies, and the Emerging Rocket list features 10 companies.
According to Thealzel Lee, Senior Partner at Rocket Builders, "The Life Science sector in B.C. continues to demonstrate interesting and innovative technology, especially in medical devices and genomics. Although the healthcare industry is currently under economic strain, most analysts predict strong growth potential coming out of the current pandemic crisis."
DIGITAL HEALTH (DH)
2019 was the third year for the Digital Health sector list, and it continues to show growth. With over 200 jobs created, it was a great year for a developing sector. The earlier stage "Emerging Rockets" are really accelerating, with over 75% of them raising investment last year. Although none of this sector's companies have graduated or exited, there are indications that the coming years will see a real boom for this sector.
"2019 was a great year for Digital Health in British Columbia as there was significant job creation and many breakthrough companies." said Geoffrey Hansen, Managing Partner at Rocket Builders. "In the current pandemic crisis, we are seeing a real acceleration in interest in all areas of digital health. In particular, telehealth is observing exponential growth."
AGRI-FOOD (AF)
2019 was the first year for the Agri-Food sector list -- it is a sector comprised of technology companies in the agriculture and food value chains. This mix of Agricultural Technology (AgTech), Food Technology (FoodTech), Food Delivery and Cannabis Technology (CannabisTech) is an area of great innovation but still early in mass adoption. Over 125 jobs were created by companies on this list, with about 60% of them raising investment. Two graduates this year with huge growth performance: Semios and Foodee.
According to Dave Thomas, Senior Partner at Rocket Builders, "The Agri-Food sector in B.C. is making great progress. Each of the sub-sectors in growing with Food Delivery experiencing particularly strong growth for obvious reasons."
The full list of 'Ready to Rocket' Lists for 202 are shown below:
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2020 Ready to Rocket list for Life Science
The 2020 selections for the Life Science Ready to Rocket list are as follows:
Aspect Biosystems Ltd.
Navigate Surgical Technologies Inc.
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2020 Emerging Rockets list for Life Science
The 2020 selections for the Life Science Emerging Rockets list are as follows:
SaNOtize Research and Development Corp.
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2020 Emerging Rockets list for Agri-Food
The 2020 selections for the Agri-Food Emerging Rockets list are as follows:
AVA Technologies
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2020 Ready to Rocket list for Agri-Food
The 2020 selections for the Agri-Food Ready to Rocket list are as follows:
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2020 Ready to Rocket list for Digital Health
The 2020 selections for the Digital Health Ready to Rocket list are as follows:
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2020 Emerging Rockets list for Digital Health
The 2020 selections for the Digital Health Emerging Rocket list are as follows:
Bio Conscious Tech. Inc (DiaBits)
Biointeractive Technologies Inc.
Flöka (CalendHer Technologies Corp)
MindfulGarden Digital Health, Inc.
NewPro3D (Forecast Research and Development)
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2020 Emerging Rockets list for CleanTech
The 2020 selections for the CleanTech Emerging Rockets list are as follows:
Anaconda Systems Ltd.
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2020 Ready to Rocket Lists for CleanTech
The 2020 selections for the CleanTech Ready to Rocket list are as follows:
Boydel Wastewater Technologies Inc.
HTEC (Hydrogen Technology & Energy Corporation)
ideon (CRM GeoTomography Technologies)
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2020 Ready to Rocket list for ICT
The 2020 selections for ICT Ready to Rocket list are as follows:
Aarcomm Systems Inc.
Comm100 (Comm100 Network Corporation)
GeoGuard (GeoComply Global Inc)
iGMS (AirGMS Technologies Inc.)
MetroQuest (Envision Sustainability Tools Inc.)
SaaSquatch (ReferralSaaSquatch.com Inc.)
Riot Micro (Wimatek Systems Inc.)
StreetText (Simple Engine Media Ltd.)
ThoughtExchange (Fulcrum Management Solutions Ltd)
Two Hat Security Ltd (Community Sift)
WTFast (AAA Internet Publishing Inc.)
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2020 Emerging Rockets list for ICT
The 2020 selections for ICT Emerging Rockets list are as follows:
Adacado (One Person Health Inc.)
Craver (Craver Solutions Inc.)
CrewDriver (Blackhammer Media Operations Ltd.)
ehsAI (Moore & Gasperecz Global Inc.)
Haystax Mortgage (Haystax Financial Inc.)
Inview.io (Inview Systems Inc.)
Keela (Networks for Change Inc.)
Limbic Media (Limbic Media Corporation)
Locelle (Locelle Digital Inc.)
Manage Petro (Tavanayan Enterprises Inc.)
MergeBase (MergeBase Software Inc.)
Motive.io (RocketChicken Interactive Inc.)
Netskrt (Netskrt Systems Inc.)
Safety Evolution (Safety Evolution Software Sytems Incorporated)
Virtro (Virtro Entertainment Inc.)
Visualping (WebMonitoring Technologies Inc.)
weshowup.io (Seets Technologies, Inc)
Youneeq (Digital Cavalier Technology Services Inc.)
MORE INFORMATION
For details on the "Ready to Rocket" lists, please visit http://www.readytorocket.com
About the Sponsors:
About the Rocket Recognition Program
The Rocket Recognition Program features two branded lists of companies. The "Ready to Rocket" list profiles information technology companies with the greatest potential for revenue growth in the coming year. The "Emerging Rockets" list profiles technology companies from multiple technology sectors with great potential for investment and market breakthroughs in the coming year. Both lists are predictive of future success making them unique in approach and unique in value for our business audience. "Ready to Rocket" and "Emerging Rockets: are trademarks of Rocket Builders, a respected management consulting firm servicing the technology industry.
http://www.readytorocket.com
About Rocket Builders
Rocket Builders is a management consulting firm providing sales and marketing services. With a focus on helping technology companies to grow and prosper, Rocket Builders has a proven track record of success with its clients. Since 2000, we have been engaged in market research, market planning, business development initiatives, strategic selling, and product launches for over 500 organizations.
http://www.rocketbuilders.com
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