Montréal
Metro area · Canada · Pop. 4.3M
* 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.
Largest rounds
Largest funding rounds in Montréal
A live treemap of the largest VC rounds. Each cell is one round into Montréal-headquartered companies, grouped by Dealroom sector.
Largest rounds in Montréal - 2026
VC investment
How much venture capital flows into Montréal
VC investment into Montréal-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Location comparison
How Montréal stacks up
Compare Montréal with peers from the same country (Canada) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top cities in Canada ranked by combined EV. Montréal's row is highlighted (#5).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Ottawa–Gatineau | $230B | 49.4× | 2 | $85.6M | 383 |
| 2 | Toronto-Waterloo | $146B | 7.4× | 34 | $2.9B | 3,551 |
| 3 | Toronto | $119B | 9.5× | 28 | $2.7B | 2,655 |
| 4 | Vancouver | $70.9B | 9.6× | 21 | $1.8B | 1,694 |
| 5 | Montréal | $57.9B | 3.5× | 13 | $971.4M | 1,054 |
| 6 | Calgary | $18.1B | 10.1× | 5 | $272.1M | 705 |
| 7 | Hamilton | $7.6B | 5.5× | 3 | $13.7M | 109 |
| 8 | Waterloo | $6.5B | 2.5× | 4 | $41.5M | 188 |
| 9 | Edmonton | $6.4B | 1.9× | 3 | $95.9M | 401 |
| 10 | Mississauga | $6.3B | 6.9× | 1 | $40.6M | 227 |
| 11 | Halifax | $2B | 5.9× | 0 | $132.4M | 187 |
| 12 | Vaughan | $764.6M | — | 0 | $0 | 43 |
Premium analytics
What we don't show on this page (yet)
Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Montréal dataset — or see a sample on the Dealroom app.
More data
Explore Dealroom data →Get the full Montréal ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.