Toronto boasts 1282 startups in our sample database which represents about 32% of Canada’s sampled startups. Toronto is the highest-ranked startup ecosystem in Canada.
In 2022, the startup scene of Toronto shows much promise after advancing in the Global Ecosystem Index by 2 spots.
Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!
Toronto is ranked within the top 30 startup ecosystems globally.
Toronto’s startups excel particularly in Marketing & Sales where it ranks 13 and in Software and Data, and Energy & Environment. Find out more
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On our map, you can explore a total of 387 startups for Marketing & Sales.
In North America, Toronto's Software and Data is in top 14. Toronto has a concentration of about 0% of the country's total Software and Data startups that are represented on our map.
Energy & Environment is ranked 21st in the world. Our database contains 135 startups for this industry.
Within Toronto there is an increased attraction for entrepreneurs to set up their startups in industries such as Marketing & Sales, Software and Data, Energy & Environment. These three industries represent about 51% of the startups represented on the Startup Ecosystem Map of Toronto.
Toronto is Canada's 1st best startup ecosystem and is ranked 10th in North America. With a population of 5M - 10M people, Toronto is ranked th in the world. The city boasts some notable startup success stories including SHOPLAZZA.
If you are a startup ecosystem developer in Toronto, you can grow your startup economy by becoming a partner.
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, […]
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 […]
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 […]