Canada's top growing companies

Plus, what keeps you in Calgary?

Welcome to this week's Sunday Briefing. In this issue, read about Canada’s top growing companies, plus 10 other stories you've probably missed. Have a great day. We'll see you again on Wednesday.

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The Globe and Mail’s list of Canada’s top growing companies of 2023 features 425 businesses from across the country - ranging from renewables in Toronto to healthcare services in Windsor to IT and recruiting in Vancouver.

The report, now in its fifth year of publication, is a voluntary program ranking businesses on their third-year growth rate. Participating companies are Canadian-run and have a minimum of $2 million in annual sales.

25 Calgary firms made the list, including:

Three Edmonton outfits made the list, including:

🗳️ Question of the Week

What makes Calgary most attractive for tech talent and startups?

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🤝 Funding, Deals + Partnerships

  • Fillip Fleet earns $5M in seed round. Calgary company sees 300 percent year-over-year growth in processing volume. Calgary Tech Journal

  • BKR Capital, District Ventures Capital, Ripple Ventures, Sandpiper Ventures, The51 receive portion of $25 million. Calgary-based VCs receive funding through the inclusive growth stream of the renewed Venture Capital Catalyst Initiative (VCCI). Betakit

  • Early payment platform Quickly raises $10 million to solve working capital for SMBs across North America. The round was led by Thin Air Labs, with participation from Plug And Play, ATB Financial, and new and existing shareholders. Quickly

📰 Need To Know

  • PitchBook analyst note: Global VC ecosystem rankings. Calgary identified as a top 20 location, ranked by growth score. PitchBook

  • Edmonton tech companies recognized for social impact, fundraising skill. Two Edmonton companies were among those honoured at the annual Start Alberta Tech Awards on Oct. 11. Taproot Edmonton

  • WeDoLaundry celebrates five years of excellence with expansion. The Vancouver-based laundry pickup and delivery service is coming to Calgary. WeDoLaundry

  • Calgary small business advances to Startup Canada Global Pitch Grand Finale. Startup Rinvio Technologies was named the first-place winner – taking home $3,000 and a guaranteed slot in the Grand Finale. Startup Canada

  • UCalgary innovators celebrated at 2023 BioAlberta Achievement Awards. Awards highlight outstanding contributions to Alberta’s life sciences sector. University of Calgary

  • Why tech talent and startups are flocking to Calgary. In 2022, Calgary officially transitioned from a small to a large tech market, with over 50,000 tech jobs representing 6.9 percent of total employment. GeekWire

💡 POV: Ideas and Insights

  • Co-founder and chief growth officer April Hicke shares her journey from PwC to Toast, the women’s collective tackling gender equity in tech on the Inflection Point podcast. From mentorship and advocacy to building a business, it’s all covered here.

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