Deloitte Reveals Canada’s 50 Fastest Growing Companies

November 9, 2017

Deloitte has named Diply.com as Canada’s fastest growing technology company, posting a four-year growth rate of more than 90,000 per cent.

The London-based content platform racks up over one billion monthly video views, becoming one of the fastest growing websites in internet history. Chock-full of listicles, DIYs, hacks and animal photos, Diply has targeted—and successfully attracted—a millennial audience.

Deloitte has been naming Canada’s fastest growing technology companies for two decades, recognizing home-grown startups and late stage companies alike that have rapidly scaled in the past four years.

This year, the Fast 50 winners hit an average four-year growth rate of 4,625 per cent—a 74 per cent increase from 2016.

Burlington’s Prodigy Game snagged second place with a growth rate of 18,933 per cent. The learning platform is gamifying math education, turning knowledge-building activities into online adventures.

Prodigy Ventures—no connection to Prodigy Game—followed in third with 16,791 per cent grow. The Toronto-based company builds enterprise platforms and consumer apps with emerging technologies, from artificial intelligence to blockchain.

Out of the 50 top growth companies recognized by Deloitte, 29 are based in Ontario. The next top region was British Columbia with 13 companies, including fourth-place Bench Accounting out of Vancouver. Quebec followed with five. The Prairies generated four of this year’s winners, notably Winnipeg’s SkipTheDishes that claimed the fifth spot.

Toronto and Vancouver tied for the top company-based city with 11 headquartered in each.

Here’s the complete list of the Deloitte Technology Fast 50 for 2017, including the four-year growth rate for the top 10 companies (in per cent):