The 2019 Periodic Table of Tech in Canada

In celebration of Canada Day, our friends at CB Insights compiled the country's top venture-backed tech startups, investors and exits into a periodic table.

Included are 100+ private companies operating in select industry categories that are particularly prominent in Canada, along with the top 20 exits of venture-backed Canadian tech companies since 2014, with disclosed valuations. We also include the most active venture capital and corporate investors located in Canada that are investing globally in private tech companies.

"We are in an era in which every company needs to know how it will apply new technology, generate intellectual property, and adapt its business model — an era in which every company is a tech company. It behooves incumbent leaders to get involved in Canada’s tech ecosystem, speak with Canadian entrepreneurs, and do business with the Canadian firms that understand these waves of innovation."

- Michael Dingle, PwC Ventures Leader, Advisory Partner, PwC Canada

Read the full blog post

Methodology Note

PwC Canada and CB Insights analyzed hundreds of tech startups, active investors and exits for the annual Periodic Table to highlight notable venture capital activity in Canada.

Tech startup criteria include (1) headquartered in Canada and defined as tech; (2) privately-owned; (3) venture capital-backed; (4) >$1M USD in disclosed equity deals; (5) raised disclosed equity funding since January 1, 2015; (6) startups with a corporate majority round, merger, acquisition, or public market listing are excluded; and (7) CB Insights’ proprietary Mosaic algorithm measured the overall health and growth potential of private companies.

Qualifying venture capital investors (e.g. venture capital, growth equity, and super angel) and corporates must have made equity investments into private (at the time of investment) technology companies (international investments included) from January 1, 2017 through June 15, 2019. The number of portfolio investments of each investor was evaluated and in the event of a tie, investors with the most exit events were selected.    

Featured exits (M&A or IPO) are of venture capital-backed tech companies with a first-time exit from January 1, 2014 through June 15, 2019. Disclosed valuation at time of exit and amount raised were assessed. Exits of companies with corporate majority rounds were excluded.

View the CB Insights blog post

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Contact us

Michael Dingle

PwC Ventures Leader, Advisory Partner, PwC Canada

Tel: +1 416 687 8735

Sabrina Fitzgerald

National Technology Sector Leader, Capital Region Managing Partner, PwC Canada

Tel: +1 613 898 2113

Eugene Bomba

Partner, Technology Sector, PwC Canada

Tel: +1 416 687 8231

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