These are Canada's top 50 startups for 2017

Canadian startups generate millions in revenue annually.

And each year, Canadian Business ranks the top 50 of Canada’s Top New Growth Companies that have brought innovative concepts to the market, and shown “hyper-fast sales growth.”

In order to be eligible for the ranking, a startup must have been founded and started generating revenue between July 1, 2011, and early 2014. Additionally, a minimum revenue requirement of $1 million in the most recent fiscal year applied to all firms.

While Ontario and BC dominate the list, there are a few Quebec companies listed, along with one in Newfoundland and one in Nova Scotia. Surprisingly absent is Alberta, which did not make the top 50.

Using their revenue growth over the last two-years, Canadian Business listed the hottest startups in the country as follows:

Rank	Company	2-year revenue growth (%)	2016 revenue ($mil)	Industry	City	Province	Employees, 2016 (full-time equivalent)
1	Strawhouse	3,034	50-100	Marketing & Media	Kelowna	B.C.	27
2	Article	1,927	20-50	Retail	Vancouver	B.C.	40
3	ForeverSpin	1,889	2-5	Manufacturing	Toronto	Ont.	10
4	Cluep	1,836	5-10	Marketing & Media	Toronto	Ont.	21
5	CHICC (Canadian Home Improvement Credit Corp.)	1,775	2-5	Financial Services	Mississauga	Ont.	7
6	HonkMobile	1,431	2-5	Financial Services	Toronto	Ont.	16
7	KAI Innovations	1,324	2-5	Software	Whitby	Ont.	22
8	Masontops	1,172	2-5	Manufacturing	Toronto	Ont.	4
9	Prodigy Game (SMARTeacher)	1,168	5-10	Software	Burlington	Ont.	60
10	Oaple Forest Products	1,069	20-50	Wholesale & Distribution	Markham	Ont.	9
11	Generis	956	2-5	Marketing & Media	Toronto	Ont.	29
12	5 Point Operations	930	2-5	Real Estate	Kelowna	B.C.	153
13	Nova Scotia Spirit Co.	902	2-5	Manufacturing	Trenton	N.S.	15
14	Swift Labs	863	1-2	Manufacturing	Kitchener	Ont.	6
15	TrackTik	826	2-5	Software	Montreal	Que.	28
16	Flytographer	776	1-2	Consumer Services	Victoria	B.C.	12
17	Truespeed Internet Services	773	1-2	Telecommunications	Brockville	Ont.	25
18	Pixieset	732	5-10†	Software	Vancouver	B.C.	12
19	Refresh Financial	705	10-20	Financial Services	Kelowna	B.C.	51
20	GreenMantra Technologies	691	2-5	Manufacturing	Brantford	Ont.	42
21	CANEI	658	1-2	Wholesale & Distribution	Toronto	Ont.	5
22	Knixwear	640	2-5	Manufacturing	Toronto	Ont.	8
23	Urban Blueprint	639	1-2	Construction	Toronto	Ont.	14
24	Flarian	635	1-2	Marketing & Media	Toronto	Ont.	7
25	Managed Sales Pros	621	1-2	Professional Services	Winnipeg	Man.	37
26	CareGuide	596	2-5	Consumer Services	Toronto	Ont.	28
27	Soulpepper Digital	591	1-2	Marketing & Media	Vancouver	B.C.	18
28	Workstory	590	1-2	Software	Vancouver	B.C.	5
29	AN Commerce	584	50-100	Retail	Mississauga	Ont.	135
30	J&M Group	562	5-10	Information Technology	Mississauga	Ont.	104
31	Maven Consulting	552	5-10	Industrial Services	North Vancouver	B.C.	27
32	Traxxall Technologies	526	1-2	Software	Montreal	Que.	26
33	Diply (GoViral)	478	20-50	Marketing & Media	London	Ont.	170
34	Samsao	436	1-2	Software	Montreal	Que.	23
35	SensorSuite	420	1-2	Software	Toronto	Ont.	15
36	Seoplus+	418	1-2	Marketing & Media	Ottawa	Ont.	16
37	Metalilux	406	1-2	Manufacturing	Montreal	Que.	12
38	TriNimbus	399	2-5	Information Technology	Vancouver	B.C.	35
39	StackAdapt	397	5-10	Software	Toronto	Ont.	42
40	THP	394	5-10	Marketing & Media	Toronto	Ont.	86
41	Smart Employee Benefits	386	50-100	Human Resources	Mississauga	Ont.	675
42	LowestRates.ca	382	5-10	Financial Services	Toronto	Ont.	23
43	DNA Mechanical	378	5-10	Industrial Services	Vaughan	Ont.	49
44	Ray Agency	367	1-2	Marketing & Media	St. John’s	Nfld.	12
45	Cargo County Group	336	2-5	Transportation & Logistics	Brampton	Ont.	32
46	Beauty First	333	1-2	Consumer Services	Burlington	Ont.	23
47	Alliance Zone	318	2-5	Wholesale & Distribution	Longueuil	Que.	3
48	Dash Agency	309	1-2	Marketing & Media	Toronto	Ont.	17
49	Big Bang ERP	307	5-10	Information Technology	Montreal	Que.	48
50	Squeeze Studio Animation	298	2-5	Marketing & Media	Quebec	Que.	55

These are Canada's top 50 startups for 2017, according to Canadian Business

See also