The startup picture in Vancouver

Venture activity has real scale but uneven reach: 2877 tracked companies have raised outside money, yet 5733 remain unfunded. Government has also made major technology-capital commitments, but the gap between formation and financing is still the defining tension.

Startups in Vancouver - Funding, Founders & Investors

Everything startup in one place: who's building, how the landscape clusters, the people and investors behind it, and whether the capital is real.

Telus

Integrated telecom and IPTV services provider

est. 1990 · 53,630 staff · raised outside money

Matthew Lombardi — Partner · MSc LSE

Erin Calhoun — Co-CEO & Senior Communications Manager

UBC

University focused on teaching, learning, and research.

est. 1908 · 52,507 staff · raised outside money

Santa Ono — President

First Quantum Minerals

Provider of mining services

est. 1983 · 26,000 staff · raised outside money

Philip KR Pascall — Co-Founder & CEO

Tristan Pascall — CEO

LocalSolo Freelance

Online marketplace for freelancers

est. 2014 · 9,000 staff · raised outside money

Mark Fromson — Co-Founder & CEO

Stephen Hayes-McCoy — Co-Founder

Aritzia

Aritzia: Accessible Clothing & Services for Disabled Individuals

est. 1984 · 8,300 staff · raised outside money

Brian Hill — Founder & CEO

Canfor

Innovative pulp products & services provider with a focus on customer satisfaction

est. 1938 · 7,908 staff · raised outside money

Don Kayne — CEO

Goldcorp

Goldcorp: Traditional Gold Mining with Growth via Acquisitions

est. 1994 · 7,079 staff · raised outside money

Charles Jeannes — CEO

Atlas

Infrastructure funds focused on maritime & energy sectors

est. 2019 · 6,200 staff · raised outside money

David Sokol — Chairman

Bing Chen — President and CEO

Pan American Silver

Silver and Gold Mining Operations

est. 1994 · 6,200 staff · raised outside money

Michael Steinmann — President & CEO

Providence Health Care

Health system

est. 1997 · 5,412 staff · raised outside money

Fiona Dalton — CEO & President

B2Gold

Gold mining company with operations in Africa, Asia, and North America

est. 2007 · 4,995 staff · raised outside money

Clive Johnson — CEO

Vancouver

Government agency supporting the green bins in Vancouver

est. 1886 · 4,854 staff · raised outside money

Abigail Bond — Managing Director

Eldorado Gold

Gold mining operations across multiple countries

est. 1992 · 4,700 staff · raised outside money

George Burns — President and Chief Executive Officer

First Majestic

Three Silver/Gold Mines Owned by First Majestic

est. 2002 · 4,634 staff · raised outside money

Keith Neumeyer — Founder & CEO & President

Mercer International

Sustainable resource management and manufacturing in the forestry industry

est. 1883 · 3,320 staff · raised outside money

David M Gandossi — CEO & President

Ero Copper Corp

Provider of copper mining services

est. 2016 · 3,253 staff · raised outside money

David Strang — Co-Founder & CEO

Christopher Noel Dunn — Co-Founder & Director · MA The University of Edinburgh

Nice

Supplier of timber and timber houses

est. 1986 · 3,196 staff · raised outside money

Koichiro Hirata — CEO & President

Interfor

Interfor: A trusted name in lumber industry

est. 1963 · 2,259 staff · raised outside money

Duncan Davies — CEO & President

China Gold International Resources

Limited information available

est. 2000 · 2,089 staff · raised outside money

Liangyou Jiang — CEO

Nada

Package-Free Grocery Connecting Buyers to Local Suppliers

est. 2015 · 1,887 staff · raised outside money

Brianne Miller — Founder & CEO

Telus International

Next-Gen CX Solutions for Global Enterprises

est. 2005 · 1,845 staff · raised outside money

Jeff Puritt — CEO

WELL Health Technologies Corp

Provider of EMR and virtual care tools for providers

est. 2010 · 1,710 staff · raised outside money

Hamed Shahbazi — Founder & CEO & Chairman · BSc UBC

Lundin Gold

Mining company with focus on responsible operations.

est. 1986 · 1,703 staff · raised outside money

Ron Hochstein — CEO & President · MBA UBC

RockBridge Resources

Provider of integrated offshore marine support services for the oil and gas industry

est. 2007 · 1,700 staff · raised outside money

Steve Mathiesen — CEO & President

cluster · 2542 companies

Business Services

449 founded since 2018 · 130 funded

Sub-themes

marketing services · 689it services · 453hr services · 290management consulting services · 250legal services · 154event management services · 126

e.g. Vancouver, Securiguard, Worksafebc

cluster · 1438 companies

Enterprise Applications

442 founded since 2018 · 273 funded

Sub-themes

marketingtech · 316hrtech · 260enterprise software · 254saas · 247enterprise collaboration · 95sales force automation · 93

e.g. LocalSolo Freelance, Hootsuite, Clio

cluster · 1324 companies

Consumer

292 founded since 2018 · 156 funded

Sub-themes

professional consumer services · 222b2c e-commerce · 197fashion tech · 163local services · 93social platforms · 81online travel · 79

e.g. Aritzia, CruiseShipCenters, The S.U.C.C.E.S.S. Group

cluster · 1297 companies

Mining

347 founded since 2018 · 841 funded

Sub-themes

mining companies · 1246services for mining industry · 36mining tech · 15mining equipment · 6metals and alloys · 4infrastructure funds · 4

e.g. First Quantum Minerals, finning international, Teck

cluster · 942 companies

Real Estate And Construction

113 founded since 2018 · 48 funded

Sub-themes

real estate & infrastructure developers · 193real estate brokers · 141architects · 101building materials · 81interior designers · 65construction contractors · 64

e.g. Securiguard, Nice, Interfor

cluster · 788 companies

Retail

234 founded since 2018 · 104 funded

Sub-themes

fashion tech · 163b2c e-commerce · 93internet first brands · 84e-commerce enablers · 77cannabis brands and retailers · 58apparel brands · 56

e.g. lululemon, Lulu Lemon, Aritzia

cluster · 779 companies

Healthcare

177 founded since 2018 · 116 funded

Sub-themes

clinics · 87rehabilitation and long-term care · 85clinic chains · 79services for healthcare providers · 71cannabis brands and retailers · 70cannabis services · 68

e.g. provincial health services authority, Providence Health Care, BC Liquor Distribution Branch

cluster · 746 companies

Fintech

340 founded since 2018 · 196 funded

Sub-themes

investment tech · 210cryptocurrencies · 159payments · 111finance & accounting tech · 88alternative lending · 61non fungible tokens · 57

e.g. Aviso, central 1, Bench

cluster · 664 companies

Financial Services

109 founded since 2018 · 59 funded

Sub-themes

asset management · 194finance & accounting services · 107services for investment industry · 106insurance carriers · 49consumer and sme loans · 49service providers to banks · 47

e.g. ICBC, Vancity, VERICO

cluster · 661 companies

Consumer Goods

110 founded since 2018 · 82 funded

Sub-themes

food & beverage products · 186beauty & personal care products · 88apparel brands · 86home furnishing products · 59internet first brands · 49fashion accessories · 38

e.g. Telus, lululemon, Lulu Lemon

Founder & Background	Role	Company
Matthew Lombardi Partner & Director-TELUS Global Ventures \| Ex-OneEleven 111,Deloitte \| LSE MSc	Partner	Telus
Erin Calhoun Co-CEO & Senior Communications Manager-TELUS \| Ex-Allstate,Aviva,PetSmart \| University of Toronto BA 2016	Co-CEO & Senior Communications Manager	Telus
Greg Hoekstra Co-CEO-TELUS \| Ex-TransLink,Greater Vancouver Board of Trade,Sun Media \| Carleton University BJ 2005	Co-CEO-Senior Communications Manager	Telus
Mario Mele TELUS	Partner & Vice President	Telus
Darren Entwistle President & CEO-TELUS \| Ex-Cable & Wireless Communications \| Concordia University BE 1986,McGill University MBA 1988	President & CEO, Member of the TELUS team	Telus
Philip KR Pascall Ex-RTZ, E.L. Bateman, Nedpac. Sussex University in England, University of Cape Town MBA	Co-Founder & CEO	First Quantum Minerals
Tristan Pascall Ex-Cobre Panama. University of Western Australia, INSEAD in France MBA	CEO	First Quantum Minerals
Brian Hill Ex-City of Vancouver. Queen's University BA.	Founder & CEO	Aritzia
Charles Jeannes Pan American Silver, ex-Goldcorp, ex-Glamis Gold, University of Arizona, James E. Rogers College of Law, 1983	CEO	Goldcorp
David Sokol Ex-CEO MidAmerican Energy Holdings, Berkshire Hathaway, Teton Capital.	Chairman	Atlas
Bing Chen Atlas, ex-Bnp Paribas, Columbia University - Columbia Business School	President and CEO	Atlas
Michael Steinmann Pan American Silver, ex-Glencore, Universidad ESAN, 2004	President & CEO	Pan American Silver
Fiona Dalton ex-CEO University Hospital Southampton NHS Foundation Trust, Great Ormond Street Hospital for Children NHS Trust, NameOxford Unive	CEO & President	Providence Health Care
George Burns Ex- Goldcorp, Centerra Gold, Asarco.	President and Chief Executive Officer	Eldorado Gold
Keith Neumeyer Ex- President First Quantum Minerals, First Mining Finance,	Founder & CEO & President	First Majestic
David Strang ex- CEO Lumina Copper & Lumina Royalty, President Regalito Copper, VP Northern Peru Copper. Stanford University BS	Co-Founder & CEO	Ero Copper Corp
Christopher Noel Dunn Ex- Bear Stearns, JP Morgan, Pan American Silver, Pretivm Resources. University of Durham M.S, University of Edinburgh MA 1982, Du	Co-Founder & Director	Ero Copper Corp
Liangyou Jiang Ex-Tibet Huatailong, Zhongji Mining, Guizhou Jingfeng Mining, Sino Mining Guizhou. Northeastern University	CEO	China Gold International Resources
Brianne Miller SheEO, ex-SMRU Consulting, Fisheries and Oceans Canada. McGill University BSc 2009, University of St Andrews MSc 2012	Founder & CEO	Nada
Hamed Shahbazi Ex- PayPal, CEO TIO Networks . University of British Columbia	Founder & CEO & Chairman	WELL Health Technologies Corp

backgrounds shown where available

340 investors are on record backing Vancouver companies. The most committed:

Most active — backed 2+ companies

Accelerate Okanagan

Scotiabank

Version One Ventures

Boris Wertz

Sustainable Development Technology Canada

Borsa Capital

BMO

HTIF

Sixty4 Ventures

Orion Resource Partners

OMERS

Blumberg Capital

Institutional

Version One Ventures · VC fundBorsa Capital · VC fundSixty4 Ventures · VC fundOMERS · VC fundBlumberg Capital · VC fundActon Capital · VC fundTCV · VC fundMaRS Discovery District · accelerator / incubatorHex Capital · VC fundLaunch Ventures · accelerator / incubatorElysee Development · VC fundRed Thread Ventures · VC fundSG Americas Securities · VC fundAccel · VC fund+ 141 more

Private & corporate backers

Accelerate OkanaganScotiabankBoris WertzSustainable Development Technology CanadaBMOHTIFOrion Resource PartnersSVBHedgewoodGoldman Sachs Asset Management+ 175 more

hover a name to see who they backed

Funded startups — peer cities

Vancouver

2,877

1,201Calgary

532Ottawa

349Edmonton

127Winnipeg

Companies that have raised

Company	Industry	Rounds	Latest Round	Founded
Lululemon	apparel & fashion	1	2005-12	1998
MineSense	information technology and services	11	2022-12	2008
Spare Labs	internet	3	2024-09	2015
Brains Living Labs	pharmaceuticals	2	2021-06	2019
Enbala	renewables & environment	8	2019-04	2003
XMetaL	computer software	1	2009-04	1979
Food	food & beverages	6	2020-07	2011
YYoga	health, wellness and fitness	2	2013-10	2008
Lundin Gold	mining & metals	17	2024-11	1986
First Street Station Apartments	real estate	1	2022-04	2001
Vortek Industries	semiconductors	3	2003-04	1976
Isracann BioSciences	pharmaceuticals	2	2022-08	1975
Levitee Labs	mental health care	2	2022-01	2020
Lithium Americas	mining & metals	3	2025-04	2007
Optimi Health	food production	5	2024-08	2020
Fandifi	entertainment software	1	2021-04	2006
Williams Creek Explorations	mining & metals	3	2010-09
Lynk	financial services	1	2022-09	2021
Maia Farms	other commercial products	1	2024-05	2023
Looking Glass Labs	information technology and services	1	2021-11	2018
Victory Battery Metals	precious metals and minerals mining	3	2024-01	1984
Beta Energy	mining & metals	1	2022-06	2021
CuePath	consumer electronics	4	2022-11	2015
Montage Gold	mining & metals	2	2025-04	2008
First Potash	mining & metals	2	2011-08	1966

round amounts sparse for tier-3 cities — counts shown, dollar totals withheld

Company	Industry	Founded	Employees
Solidrust	computer software	2026	—
TradeVue AI	financial services	2026	—
Luxmore Realty	real estate	2026	—
Blume Official	entertainment	2026	—
Dongip	financial services	2026	—
Hoop Doctors	sports	2026	—
Vault Strategic	mining & metals	2026	—
Three Narratives	newspapers	2025	—
Edusight	e-learning	2025	—
Bono	internet	2025	—
Salesout AI	information technology and services	2025	—
Dropshipper	computer software	2025	—
Advertor	internet	2025	—
Agentic Health	hospital & health care	2025	—
AMR Law	law practice	2025	—
Arlo Health	hospital & health care	2025	—
Auria Robotics	medical devices	2025	—
AutoMusic	music	2025	—
Avoice	computer software	2025	—
Core Critical Metals	mining & metals	2025	—

The startup picture in Vancouver

Telus

UBC

First Quantum Minerals

LocalSolo Freelance

Aritzia

Canfor

Goldcorp

Atlas

Pan American Silver

Providence Health Care

B2Gold

Vancouver

Eldorado Gold

First Majestic

Mercer International

Ero Copper Corp

Nice

Interfor

China Gold International Resources

Nada

Telus International

WELL Health Technologies Corp

Lundin Gold

RockBridge Resources

Business Services

Enterprise Applications

Consumer

Mining

Real Estate And Construction

Retail

Healthcare

Fintech

Financial Services

Consumer Goods

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