Statistics

The Fastest-Growing Canadian Unicorns

A company that is not publicly traded but has managed to attain a valuation of $1 billion or more is typically referred to as a unicorn company.

When a startup company achieves a $1 billion valuation without going public, it joins an elite group known as unicorn companies. These uncommon businesses are highly sought after by investors and are regarded as among the most successful in the startup world.

  
    TOTAL UNICORN COMPANIES IN THE WORLD = 1,209+
    TOTAL CUMULATIVE VALUATION           = $3,842+ billion
    
    TOTAL UNICORN COMPANIES IN CANADA   = 20 (as of Jan 2023)
    TOTAL CUMULATIVE VALUATION          = $49.5+ billion
  
List Of Canadian Unicorns
NO. Company Valuation ($B) Industry
1 Dapper Labs $7.6 Internet software & services
2 1Password $6.8 Cybersecurity
3 Hopper $5 Travel
4 SSENSE $4.15 E-commerce & direct-to-consumer
5 PointClickCare $4 Internet software & services
6 Blockstream $3.2 Fintech
7 ApplyBoard $3.2 Edtech
8 Clearco $2 Fintech
9 Trulioo $1.75 Cybersecurity
10 Clio $1.6 Internet software & services
11 Figment $1.4 Internet software & services
12 Nexii $1.23 Other
13 Ada Support $1.2 Artificial intelligence
14 eSentire $1.1 Cybersecurity
15 Xanadu $1 Hardware
16 TensTorrent $1 Artificial intelligence
17 Visier $1 Internet software & services
18 Freshbooks $1 Fintech
19 Assent $1 Supply chain, logistics, & delivery
20 Axelar $1 Internet software & services
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