Vancouver
Metro area · Canada · Pop. 3M · #50 city by EV
* 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 Vancouver
A live treemap of the largest VC rounds. Each cell is one round into Vancouver-headquartered companies, grouped by Dealroom sector.
Largest rounds in Vancouver - 2026
VC investment
How much venture capital flows into Vancouver
VC investment into Vancouver-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Academia
Vancouver's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Vancouver.
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Notable alumni-founded: Shopify (founder team)CohereWealthsimple
Location comparison
How Vancouver stacks up
Compare Vancouver 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. Vancouver's row is highlighted (#4).
| # | 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 Vancouver dataset — or see a sample on the Dealroom app.
More data
Explore Dealroom data →Get the full Vancouver ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.