4 Montreal startups crack the top 20
Canadian Innovation Exchange (CIX) has announced its Top 20 Early Stage startups across the country for 2019 and four of them are from right here in Montreal. They are:
The full list can be found here.
In a first for the organization this year, CIX has also released a list of its Top 10 Growth Stage Canadian technology startups that have been inducted into the annual program. The selected companies represent a diverse range of tech including software, AI, medtech, fintech, big data, aerospace, security, SaaS and cleantech. These companies were chosen by a selection committee of technology experts and investors from across the country. This means that CIX now has two curation programs; CIX TOP 20 Early, for companies with net revenue less than CA $5 million or who have raised less than $10 million and the CIX TOP 10 Growth program for later stage companies.
AlayaCare, is the only Montreal startup that made the growth stage list. The rest include:
ApplyBoard, (Kitchener) Bold Commerce, Winnipeg
Flybits, (Toronto) League, (Toronto)
Platterz Inc, (Toronto) Q4 Inc., (Toronto)
Sensibill, (Toronto) TouchBistro, (Toronto)
“Expanding to include a dedicated Growth-stage category allows us to identify and showcase more great Canadian companies and attract new stages of investors and sources of capital to CIX,” said Lauren Linton, Executive Director of CIX. “This year’s cohort of early and growth-stage companies is very impressive and we look forward to showcasing them at CIX.”
This year saw 433 applications submitted from across Canada. Companies were chosen based on a number of key factors including: product/service offering, depth of management, market opportunity and business model.
This years’ selected companies joins an elite list of CIX TOP 20 alumni, including: Aeryon Labs, Axonify, Breather, Busbud, CareGuide, Chango, Clearbanc, D-Wave, Figure 1, Frank & Oak, Freshbooks, Hubba, IGLOO, Influitive, Kobo Books, League, Mindbridge AI, Nuology, SecureKey, Top Hat, Unata, UrtheCast, Vidyard, Wattpad, Wave and Wealthsimple, to name just a few.
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