7 Montreal Startups Crack Deloitte’s Fast 50


Seven Quebec companies, all Montreal-based, cracked Deloitte’s Fast 50 list for the fastest growing technology companies in Canada for 2019. That’s down from 10 companies in 2018. 27 of the 50 are based in southern Ontario. This year’s Montreal winners are:

The Quebec winners were honoured in a ceremony at Deloitte’s Montreal offices the evening of November 7.

“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said Sandra Shirai , vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “Once again, we saw innovation across the board, with software companies continuing their dominance of the top 10. It’s always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.”

Deloitte also released a list of 15 companies to watch with 3 Montreal companies recognized as rising stars.

Finally, 15 companies were named in the Enterprise category, 4 of those were from Montreal as well.

District M CEO JF Cote spoke with MTLinTech during the award ceremony. His company processes 18 billion requests per day, and is currently doing 90% of its business outside Canada, working with multinationals like Amazon and AT&T. He says even though his business is thriving, recognition like this is still very important. “To be recognized by Deloitte, and be part of this global list of high performing businesses, it helps us with hiring and business development. It brings us credibility and prestige on a global level, and that in turn helps us attract board members and brand ambassadors as well.”

The Deloitte Technology Fast 50 program celebrates business growth, innovation and entrepreneurship, the program features three distinct categories including the Technology Fast 50 Ranking, Enterprise Fast 15 category (enterprise-level technology), and Companies-to-Watch Awards (early-stage Canadian tech companies with high potential).

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