17 more Toronto tech startups are expected to become billion-dollar companies this year
Toronto's not-so-quietly boomingtech sector continues to level up on the world stage, creating lucrative jobs by the thousands for talented locals who, in turn, make their employers rich.
For the founders of homegrown tech firms, a successful company can equate to wealth beyond one's wildest dreams. Just ask the people behind scrappy Toronto startups-turned-global juggernauts such asShopify,WattpadandWealthSimple.
It's not easy, but a newly-updated roster from the Canadian "innovation ecosystem" and business acceleratorCommunitechsuggests that it's becoming more common.
A total of 17 Toronto-based tech firms are currently on track to join the billionaire's club this year, out of 61 "high-performing tech firms tracking to $1 billion in annual revenue with growth rates that match the top one per cent of companies in the world" in Canada.
Called Team True North, Communitech built thisone-of-a-kind rosterto help support and celebrate these stellar Canadian companies, as well as show the world that our country is "the best place on the planet to work in tech, invest in tech and build amazing things."
Aspointed out by BetaKit, 26 new firms from across the nation were just added to Communitech's soon-to-be-billionaires roster, six of them from right here in the 6ix.
They are:
这六家公司加入11在多伦多added in Juneto theroster of Canadian tech firms expected to cross the $1 billion annual revenue mark, based on their current annual revenues and growth rates.
Those companies are: Ada, Clearco, Clutch, Doxim, Ecopia, Flexiti Financial, FreshBooks, League, Ledn, StackAdapt and Voyce.
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