The Startup Ecosystem of Toronto
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.
CITY RANKING
In 2022, the startup scene of Toronto shows much promise after advancing in the Global Ecosystem Index by 2 spots.
National Ranking
In Canada
Regional Ranking
In North America
Global Ranking
Worldwide
ECOSYSTEM
Browse the startup ecosystem database of Toronto
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Ecosystem
The Startup Ecosystem in Toronto
Global Rank
Toronto is ranked within the top 30 startup ecosystems globally.
Top Industries
Toronto’s startups excel particularly in Marketing & Sales where it ranks 13 and in Software and Data, and Energy & Environment. Find out more
Top Cities for Startups in Canada - Ranked by StartupBlink
| 2022 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business 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 |
Startups
Notable Startups in Toronto
Startups
Successful Marketing & Sales startups in Toronto
Startups
Startups Ranking by Industry
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.
ECOSYSTEM
Why should you join Toronto's Startup Ecosystem?
Overview
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.
1st
National Rank
10th
Regional Rank
Overview
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.
ECOSYSTEM
Startup Infrastructure in Toronto
Accelerators
Halton Region Small Business Centre
MaRS Discovery District
Founder Institute
Coworking Spaces
MakeWorks Coworking Studio
Startuptive
Extreme Accelerator Yonge Street
Organizations
Silicon Halton
ECOSYSTEMSFeatured 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 […]