The Startup Ecosystem of Vancouver

Vancouver has 640 startups in our sample database. This represents about 15% of Canada’s startups. Vancouver is the 2nd best startup ecosystem in Canada.

CITY RANKING

While Vancouver decreased by 1 spot in its global rank in the Global Startup Ecosystem Index of 2023, its ranking in Canada remained stable at 2 nationally since 2022.

National Ranking

2nd
0
In Canada

Regional Ranking

18th
-
1
In North America

Global Ranking

41st
-
1
Worldwide

Startups

Vancouver Top Startup Industries

Energy & Environment icon
Energy & Environment
#15 worldwide

37 startups

Software & Data icon
Software & Data
#29 worldwide

193 startups

Hardware & IoT icon
Hardware & IoT
#32 worldwide

36 startups

Ecosystem HealthCheck

Vancouver Ecosystem Health Check

The health check tables allow you to look at the performance Vancouver has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
ParameterParameter Global rankParameter rank change since 2022ResultContribution to total scoreRank gain / loss due to parameter
Total Score41-117.592100%0
Quantity Score3403.25518.5%-1
Sample size of startups27459311.24%-2
Sample size of accelerators33-35-6261.48%-1
Sample size of coworking spaces5421083.68%-1
Community Score1-3600.31.71%0

ECOSYSTEM

Browse the startup ecosystem database of Vancouver

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Ecosystem

The Startup Ecosystem in Vancouver

Our startup ecosystem map for Vancouver includes a sample of 640 tech companies. We have identified as unicorns 6 startups that have passed the USD 1 billion valuations. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Vancouver is ranked within the top 50 startup ecosystems globally.

Top Industries

Vancouver’s startups excel particularly in Energy & Environment where it ranks 15 and in Software & Data, and Hardware & IoT. Find out more

Top Cities for Startups in Canada - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2023 National Rank & Change ▲
2023 National Rank & Change City
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Global Rank & ChangeTotal Score
Access subscores for 1000 cities and 100 countries
Quantity Score
Quality ScoreBusiness Score
1st
0
23rd
+
1
32.630
00.00
00.00
00.00
2nd
0
41st
-
1
17.592
00.00
00.00
00.00
3rd
0
44th
+
1
15.755
00.00
00.00
00.00
4th
0
68th
+
21
9.033
00.00
00.00
00.00
5th
0
76th
+
15
8.508
00.00
00.00
00.00
6th
0
111th
-
7
6.390
00.00
00.00
00.00
7th
+
1
129th
+
13
5.531
00.00
00.00
00.00
8th
-
1
144th
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4
4.505
00.00
00.00
00.00
9th
0
180th
+
3
3.449
00.00
00.00
00.00
10th
+
2
224th
+
9
2.282
00.00
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Startups

Notable Startups in Vancouver
Hootsuite startup icon
Hootsuite
Canada Drives startup icon
Canada Drives
Indochino startup icon
Indochino

Startups

Successful Energy & Environment startups in Vancouver
MineSense Technologies startup icon
MineSense Technologies
General Fusion startup icon
General Fusion
Terramera startup icon
Terramera

ECOSYSTEM

Why should you join Vancouver's Startup Ecosystem?

Overview

Within Vancouver there is an increased attraction for entrepreneurs to set up their startups in industries such as Energy & Environment, Software & Data, Hardware & IoT. These three industries represent about 42% of the startups represented on the Startup Ecosystem Map of Vancouver.

2nd

National Rank

18th

Regional Rank

Overview

Vancouver is Canada's 2nd best startup ecosystem and is ranked 18th in North America. With a population of 2M - 10M people, Vancouver is ranked 41st in the world. The city has some notable startup success stories including Hootsuite.

Featured Startup Ecosystems

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