Top Startup Exits in Canada for 2024

In Canada, we rank 29 startup exits based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Startup exits in Canada are exceeding the performance of their global counterparts.

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Top Startup Exits in Canada for 2024

Unranked

Beacon is a digital therapy platform that helps people overcome mental health concerns such as depression, anxiety, panic, and PTSD.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Toronto)

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Regional Rank (North America)

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Global Rank (WorldWide)

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2nd

Oxio
Unranked

Oxio is a connectivity platform for the internet, changing the way people connect with their internet service provider (ISP)

Industry:
Software & Data
Subindustry:
Software

City Rank (Quebec)

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Regional Rank (North America)

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Global Rank (WorldWide)

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Unranked

truLOCAL is a tech-enabled startup and online marketplace that connects health-conscious consumers.

Industry:
Ecommerce & Retail
Subindustry:
Marketplaces

City Rank (Kitchener)

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Regional Rank (North America)

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Global Rank (WorldWide)

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Total amount:29

Largest Startup Exits in Canada by Funding

The top three largest startup exits in Canada have raised total funding of more than USD 8.56B. Among the top three funded exits, the most popular industry, based on total funding, is Ecommerce & Retail.

Unranked

EnerCare, they believe that intelligent energy solutions can benefit everyone.

Industry:
Ecommerce & Retail
Subindustry:
Retail

City Rank (Toronto)

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Regional Rank (North America)

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Global Rank (WorldWide)

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Unranked

Verafin offers a fraud and AML detection platform that helps detect, investigate, and report money laundering and financial fraud.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Saint John's)

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Regional Rank (North America)

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Global Rank (WorldWide)

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Unranked

iBwave offers wireless services to its clients, including design, unity, mobile, and a Wi-Fi suite.

Industry:
Hardware & IoT
Subindustry:
Hardware & IoT-Other

City Rank (Montreal)

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Regional Rank (North America)

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Global Rank (WorldWide)

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Total amount:29

Top Hiring Startup Exits in Canada by Employee Size

The top three hiring startup exits in Canada have an average employee size that is smaller than to the global average. Among these, the Transportation industry features the startup exit with the largest workforce.

Just Eat Takeaway operates as an online food delivery marketplace that focuses on connecting consumers and restaurants through its platform.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Toronto)

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Regional Rank (North America)

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Global Rank (WorldWide)

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Avigilon Corporation is a motorola solutions company provides trusted security solutions to the global market.

Industry:
Hardware & IoT
Subindustry:
Manufacturing

City Rank (Vancouver)

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Regional Rank (North America)

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Global Rank (WorldWide)

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Total amount:29

Explore the Startup Ecosystem of Canada

Population

(Canada)

38.9 Million

Regional Rank

(North America)

2nd

0

Global Rank

(WorldWide)

4th

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Best Software & Data Startup Exits in Canada for 2024

Canada exits in the Software & Data industry are overperforming their global industry peers. The top three Software & Data exits in Canada have raised more than USD 1.1B, an amount that is higher than the global industry average.

1st

Oxio
Unranked

Oxio is a connectivity platform for the internet, changing the way people connect with their internet service provider (ISP)

Industry:
Software & Data
Subindustry:
Software

City Rank (Quebec)

0

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Regional Rank (North America)

0

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Global Rank (WorldWide)

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Unranked

TheScore creates mobile-first sports experiences through real-time news, scores, fantasy information, and alerts.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Toronto)

0

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Regional Rank (North America)

0

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Global Rank (WorldWide)

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Cybeats provides cyber security and firmware lifecycle management as a service for the IoT industry.

Industry:
Software & Data
Subindustry:
Cybersecurity

City Rank (Aurora)

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Regional Rank (North America)

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Global Rank (WorldWide)

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Total amount:6

Top Cities for Startups in Canada - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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