Top 100 Most Connected Tech Companies and Startups in Toronto
Toronto: the nascent empire
Toronto is booming. The city is experiencing a wave of innovation as a critical mass of entrepreneurs, investment, talent, and researchers create next generation companies. Toronto is now the fastest growing tech market in North America according to CBRE, beating both New York and San Francisco combined. It’s even been branded as “the new Silicon Valley”.
Between 2,100 and 4,100 active tech startups are in the ecosystem, according to a TechToronto report. Toronto houses numerous innovation centers and startup accelerators including OneEleven, MaRS Discovery District, Creative Destruction Lab, DMZ, and more. And over 2 billion in venture capital was provided in Canada in 2016, according to the Canadian Venture Capital and Private Equity Association.
Toronto talent is some of the best in the world, because it is of the world. 51% of the city’s residents were born outside of Canada, and with Canada’s consistent, merit-based immigration as well as its focussed initiatives including the Global Talent Stream and startup visa program, it’s flourishing with top engineers, technologists, and business people, ready to build.
Startups and technology companies
Innovation in any field, but especially in technology, depends on ideas. Research in the fields of relationship intelligence and network science has shown repeatedly, that the best, most innovative ideas come from outside of a local network as someone is able to make connections between fields and create a new way of tackling a challenge.
Technology companies need to continually invent, and reinvent, in order to keep on the forefront of their fields. As industries shift and change, technology leaders need to be on the forefront of the deals and alliances that are being made.
Each of these criteria favour the technology companies that are ‘most connected’. Those that have invested in building and maintaining the relationships they will need with other innovation leaders and alliance partners will be best positioned to win as the market moves forward.
Which brings us to today’s Most Connected Technology Companies in Toronto list.
What is Most Connected?
Most Connected is a resource that showcases the most networked companies in a region. According to Harvard Business Review, in today’s business environment, relationships are the key factor in what makes a successful brand. And now, relationship intelligence solutions can identify which companies have the strongest sets of relationships. Nudge.ai is showcasing the companies that are most set up for success based on the strong networks of their employees.
Companies are ranked on a number of factors including how many relationships their employees have, how strong those relationships are, and how many companies those relationships stretch across. For more detail on how Nudge measures and analyzes relationships, see here.