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Vancouver

Metro area · Canada · Pop. 3M

A public taster of the full Vancouver ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

1,260 Pool of Funded Startups

New Startups

327 Annual Startups FoundedAll new ventures

127 Annual Startups FundedReceived investment

get funded 39%

1,065Startups

430 Pre-Seed Startups$100K–1M

358 Seed Startups$1–4M

Pre-Seed to Seed 5.0%

277 Series A Startups$4–15M

Seed to Series A 19%

160Breakouts

101 Series B Breakouts$15–40M

A to Series B 33%

59 Series C Breakouts$40–100M

B to Series C 17%

35Scaleups

19 Mega Scaleups$100–250M

reach Mega 1.5%

16 Mega+ Scaleups$250M+

reach Mega+ 1.3%

21Valuation Outcomes

20 Unicorns($1–10B valuation)

reach Unicorn 1.6%

1 Decacorns($10–100B valuation)

reach Decacorn 0.079%

Pre-Seed

430

Seed

358

Series A

277

Series B

101

Series C

Unicorn

Decacorn

* 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.

Quarterly report

Vancouver's latest quarter in venture capital

VC raised by Vancouver-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.

Latest complete quarter

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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

Every $15M+ VC round into Vancouver-headquartered companies in 2026, grouped by Dealroom sector.

- rounds · - raised

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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.

University-linked startup formation

198

University spinouts

1,186

Total alumni-founded companies

781

Of which startups (<$15M raised)

313

Breakouts ($15M-100M)

Scaleups ($100M+)

Top universities producing founders tied to Vancouver

🇨🇦 University of Toronto Toronto · 65 alumni unicorns

Notable alumni-founded: Shopify (founder team)CohereWealthsimple

Unlock the full university ranking for Vancouver on Dealroom

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.

Ottawa–Gatineau

$235B

Toronto-Waterloo

$141B

Toronto

$113B

Vancouver

$73.7B

Montréal

$57.4B

Calgary

$17.5B

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	$235B	42.9×	2	$85.7M	396
2	Toronto-Waterloo	$141B	7.5×	35	$3.1B	3,639
3	Toronto	$113B	9.9×	29	$3B	2,719
4	Vancouver	$73.7B	10.4×	21	$1.8B	1,728
5	Montréal	$57.4B	3.5×	13	$977.4M	1,085
6	Calgary	$17.5B	12.0×	5	$276.3M	710
7	Hamilton	$7.8B	5.5×	3	$13.7M	115
8	Waterloo	$6.7B	2.5×	4	$45M	191
9	Mississauga	$6.5B	7.1×	1	$40.6M	229
10	Edmonton	$6.4B	1.9×	3	$95.9M	403
11	Halifax	$2B	5.6×	0	$132.4M	190
12	Vaughan	$822.4M	—	0	$0	47

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Country Canada North America · Pop. 41.3M · #6 startup ecosystem by EV Region North America Continent / region · Pop. 389.6M · #2 region by EV

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