Throughout the pandemic, we’ve watched as companies have had to get more and more creative in order to stay afloat. But start-ups have been doing this forever which is one of the many reasons why they can be so admirable. If you’re interested in just which companies are on the up and up in Canada, a new list of 15 Canadian companies on the rise for 2021 from LinkedIn will help you out
First of all, you’re probably wondering, how does LinkedIn determine these rankings? Good question. LinkedIn uses its own data and a 4 pillar methodology consisting of employee growth; jobseeker interest; member engagement with the company and its employees; and how well these startups pulled talent from the flagship LinkedIn Top Companies list.
Plus, companies must have been 7 years old or younger, have at least 50 employees, be privately held, and be headquartered in Canada in order to be eligible. So let’s get into some results!
As part of this year’s #LinkedInTopStartups @fp_coalition founder @RobertDowneyJr shares what he thinks makes the world of startups so exciting. Share your thoughts below: https://t.co/fQFAfCYeml pic.twitter.com/sUTpsVYpRc
— LinkedIn (@LinkedIn) September 28, 2021
Coming in at number one is Wealthsimple. The Toronto-based online brokerage company was started in 2014 and offers users zero-commission investing services for stocks and ETFs. It’s an easy-to-use service that has quickly become popular with Millenials. With the retail investor boom and the massive rise of meme stocks over the past couple of years, Wealthsimple has become a behemoth.
Next up in second place is Toronto-based Clearco. This fintech capital provider was started in 2015 and recently reached unicorn status. Plus they’re looking to go even bigger with an international expansion.
Third and certainly not least is a company that you might not expect. It’s called NUDESTIX and was started in Toronto in 2014. The company focuses on “no makeup, makeup” beauty crayons for a totally natural look.
Clearly, Toronto is on one when it comes to startups but let’s take a peek at the rest of the list and see just where else in the nation is standing out.
4. Neo Financial, Calgary and Winnipeg, Financial Services
5. Bonsai, Toronto, Retail
6. KOHO, Toronto, Financial Services
7. Borrowell, Toronto, Financial Services
8. ApplyBoard, Kitchener, Internet
9. Onlia, Toronto, Insurance
10. Drop, Toronto, Consumer Services
11. Viral Nation, Mississauga, Marketing and Advertising
12. League, Toronto, Information Technology and Services
13. APOLLO Insurance, Vancouver, Insurance
14. Clutch, Toronto, Automotive
15. Ada, Toronto, Computer Software
What’s the uniting factor here? Definitely Ontario. So if you’re looking to get your foot in the door at an up-and-coming startup, a move to Ontario might just be in order. Or you could start your own and top LinkedIn’S 2022 list. You can click here to see and learn more.