The Startup Ecosystem of Victoria
Victoria has 100 startups in our sample database. This represents about 1% of Canada’s startups. Victoria is the 10th best startup ecosystem in Canada.
CITY RANKING
In 2024, the startup scene of Victoria shows much promise after advancing in the Global Ecosystem Index by 6 spots.
National Ranking
In Canada
Regional Ranking
In North America
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Startups
Victoria Top Startup Industries
7 startups
11 startups
7 startups
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Ecosystem HealthCheck
Victoria Ecosystem Health Check
The health check tables allow you to look at the performance Victoria has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
- Overperformance
- Performance equal to global ranking
- Underperformance
ECOSYSTEM
Browse the startup ecosystem database of Victoria
Become our Victoria Ecosystem Partner
Startup Ecosystem Charts
Startup Funding in Victoria2017 - 2024
Startup Funding in Victoria 2017 - 2024
From 2022 to 2023, startup funding in Victoria has increased by 25.54%. During this period, the number of deals in Victoria has decreased by 57.69%. Since 2017, total startup funding in Victoria exceeded US$ $899.14M.
Average Funding in 2023
$17.04M
Funding in 2023
$187.40M
Deals in 2023
11
USD
Amount of Funding (USD)
Number of Deals
Ecosystem
The Startup Ecosystem in Victoria
Global Rank
Victoria is ranked within the top 300 startup ecosystems globally.
Top Industries
Victoria’s startups excel particularly in Fintech where it ranks 132 and in Social & Leisure, and Marketing & Sales. Find out more
Top Cities for Startups in Canada - Ranked by StartupBlink
2024 National Rank  | City | Global Rank |  | | | |
|---|---|---|---|---|---|---|
1st 0 | 22nd + 1 | 36.732 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 40th + 1 | 20.495 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 43rd + 1 | 17.743 | 00.00 | 00.00 | 00.00 | |
4th 0 | 67th + 1 | 10.193 | 00.00 | 00.00 | 00.00 | |
5th 0 | 90th - 14 | 8.588 | 00.00 | 00.00 | 00.00 | |
6th 0 | 107th + 4 | 7.280 | 00.00 | 00.00 | 00.00 | |
7th 0 | 144th - 15 | 4.542 | 00.00 | 00.00 | 00.00 | |
8th 0 | 148th - 4 | 4.366 | 00.00 | 00.00 | 00.00 | |
9th 0 | 179th + 1 | 3.232 | 00.00 | 00.00 | 00.00 | |
10th + 1 | 219th + 6 | 2.118 | 00.00 | 00.00 | 00.00 |
Startups
Notable Startups in Victoria
ECOSYSTEM
Why should you join Victoria's Startup Ecosystem?
Overview
Within Victoria there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Social & Leisure, Marketing & Sales. These three industries represent about 25% of the startups represented on the Startup Ecosystem Map of Victoria.
10th
National Rank
76th
Regional Rank
Overview
Victoria is Canada's 10th best startup ecosystem and is ranked 76th in North America. With a population of 0.1M - 0.5M people, Victoria is ranked 219th in the world. The city has some notable startup success stories including Certn.
ECOSYSTEM
Startup Infrastructure in Victoria
BLOG
Recent Posts
Wed Apr 02 2025
Corporate Startup Activity Index 2025
For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]
Thu Mar 06 2025
The Impact of Government Support on Startups
A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]
Thu Feb 20 2025
Learning from Bulgaria: Stakeholder Engagement in Startup Ecosystems
In this episode of the Startup Ecosystem Podcast, we’re traveling back in time by revisiting an old recording to explore the state of Bulgaria’s startup ecosystem in 2022. This episode features an interview by Eli David Rokah, CEO of StartupBlink, with Momchil Vassilev, the Managing Director of Endeavor Bulgaria, discussing how different stakeholders’ engagement in […]