Halifax
Metro area · Canada · Pop. 400K
Enterprise value · 2015–2025
Halifax grew 11.0× since 2015
Combined enterprise value of every tracked startup headquartered in Halifax that's still operating today — public and private companies combined, totalled by founding-year cohort.
Adjacent cities by EV
Startup funnel
Halifax's power-law funnel
From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.
* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.
Academia
Halifax's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Halifax.
Vs. similarly-sized ecosystems
How Halifax stacks up
Peers chosen from the same country (Canada), sized closest to Halifax by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.
Top overview
Canada — top cities
Top cities in Canada ranked by combined EV. Halifax's row is highlighted.
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Ottawa–Gatineau | $230B | 49.9× | 2 | $85.6M | 381 |
| 2 | Toronto-Waterloo | $142B | 7.2× | 32 | $2.6B | 3,531 |
| 3 | Vancouver | $74.9B | 10.0× | 20 | $1.3B | 1,686 |
| 4 | Montréal | $59.3B | 3.5× | 12 | $552.2M | 1,045 |
| 5 | Calgary | $18B | 10.0× | 5 | $272.1M | 697 |
| 6 | Edmonton | $6.4B | 1.9× | 3 | $107.2M | 400 |
| 7 | Halifax | $2B | 5.9× | 0 | $132.4M | 185 |
| 8 | Laval | $514.6M | — | 0 | $15M | 43 |
| 9 | Brampton | $105.2M | 3.5× | 0 | $0 | 22 |
Premium analytics
What we don't show on this page (yet)
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