The Startup Ecosystem of Montreal

Montreal boasts 441 startups in our sample database which represents about 11% of Canada’s sampled startups. Montreal is the 3rd best startup ecosystem in Canada.

CITY RANKING

In 2022, the startup scene of Montreal shows much promise after advancing in the Global Ecosystem Index by 1 spot.

National Ranking

3rd
0
In Canada

Regional Ranking

20th
-
1
In North America

Global Ranking

45th
+
1
Worldwide

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ECOSYSTEM

Browse the startup ecosystem database of Montreal

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Ecosystem

The Startup Ecosystem in Montreal

Our startup ecosystem map for Montreal includes a sample of 441 tech companies. We have identified as unicorns 3 startups that have passed the USD 1 billion valuations. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Montreal is ranked within the top 50 startup ecosystems globally.

Top Industries

Montreal’s startups excel particularly in Foodtech where it ranks 32 and in Ecommerce & Retail, and Energy & Environment. Find out more

Top Cities for Startups in Canada - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2022 National Rank & Change ▲
2022 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
24th
+
2
31.266
5.34
22.96
2.97
2nd
0
40th
+
2
18.880
3.27
12.10
3.51
3rd
0
45th
+
1
15.084
2.13
9.84
3.11
4th
0
89th
0
7.943
0.86
3.58
3.51
5th
0
91st
+
10
7.916
0.77
4.01
3.14
6th
0
104th
+
12
6.997
1.25
2.24
3.51
7th
+
1
140th
-
14
5.306
0.88
0.92
3.51
8th
-
1
142nd
-
17
5.239
0.72
1.01
3.51
9th
0
183rd
-
42
4.495
0.77
0.23
3.50
10th
0
184th
+
9
4.490
0.34
0.65
3.49
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Startups

Notable Startups in Montreal
Unsplash startup icon
Unsplash
WorkJam startup icon
WorkJam
Busbud startup icon
Busbud

Startups

Successful Foodtech startups in Montreal
WeCook - Repas WeCook startup icon
WeCook - Repas WeCook
Lufa Farms startup icon
Lufa Farms
Cook it startup icon
Cook it

Startups

Startups Ranking by Industry

Foodtech icon
Foodtech
#32 worldwide

On our map, you can explore a total of 154 startups for Foodtech.

Ecommerce & Retail icon
Ecommerce & Retail
#36 worldwide

In North America, Montreal's Ecommerce & Retail is in top 36. Montreal has a concentration of about 0% of the country's total Ecommerce & Retail startups that are represented on our map.

Energy & Environment icon
Energy & Environment
#37 worldwide

Energy & Environment is ranked 37th in the world. Our database contains 49 startups for this industry.

Explore More

ECOSYSTEM

Why should you join Montreal's Startup Ecosystem?

Overview

Within Montreal there is an increased attraction for entrepreneurs to set up their startups in industries such as Foodtech, Ecommerce & Retail, Energy & Environment. These three industries represent about 57% of the startups represented on the Startup Ecosystem Map of Montreal.

3rd

National Rank

20th

Regional Rank

Overview

Montreal is Canada's 3rd best startup ecosystem and is ranked 20th in North America. With a population of 0.1M - 0.5M people, Montreal is ranked th in the world. The city boasts some notable startup success stories including Unsplash.

ECOSYSTEM
Startup Infrastructure in Montreal
With a large variety of initiatives, Montreal's startup ecosystem stands out from other cities in North America. Montreal offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Montreal's most prominent support initiatives:

Accelerators

FounderFuel startup icon

FounderFuel

Cycle Momentum startup icon

Cycle Momentum

La Piscine startup icon

La Piscine

Coworking Spaces

Montreal Cowork startup icon

Montreal Cowork

Le Tableau Blanc startup icon

Le Tableau Blanc

Station C startup icon

Station C

Organizations

TechnoMontreal startup icon

TechnoMontreal

Hacking Health startup icon

Hacking Health

Featured Ecosystem Portals

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Recent Posts

Tue Mar 14 2023

EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?

Do small countries have an edge in building a startup ecosystem? In this episode, the StartupBlink team and Eli David discuss the unique advantages of small countries for building a thriving ecosystem. In StartupBlink’s Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, […]

Wed Mar 08 2023

How can collaborating with StartupBlink as an ecosystem partner help your ecosystem and organization?

Collaborating with StartupBlink as a data partner can bring a range of benefits to your organization and ecosystem. As the most comprehensive startup ecosystem map and research center, we publish the Global Startup Ecosystem Index Report (GSEI) annually, ranking the top 1,000 cities and 100 countries worldwide.  StartupBlink’s GSEI is based on an elaborate algorithm […]

Tue Feb 28 2023

The Top 30 Countries by Absolute Power in 2022

What is Absolute Power? Generally, StartupBlink’s GSEI scoring algorithm calibrates the countries’ total score to their population size to check the startup outputs of countries per capita.   The “Absolute Power” algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population […]