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Metro area · North America

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.

$74.9B+59%
Combined startup EV
$1.3B
VC invested (last 12mo)
1,686
Tracked startups
#27/ 199
Unicorns per 1M people · cities rank
🦄 Unicorns
20
20 live $1B+ companies
💎 Decacorns
1
$10B+ tier
🐎 Thoroughbreds
7
Top 1% growth · $500M+

Enterprise value · 2015–2025

Vancouver grew 16.7× since 2015

Combined enterprise value of every tracked startup headquartered in Vancouver that's still operating today — public and private companies combined, totalled by founding-year cohort.

0 $20B $40B $60B $80B Vancouver · $75.1B 2015 2018 2021 2024 2025

Adjacent cities by EV

Startup funnel

Vancouver'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.

Pre-Seed
418
Seed
347
Series A
262
Series B
94
Series C
59
Unicorn
18
Decacorn
1

* 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.

Notable companies

Top private companies in Vancouver

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Decacorns $10B+ valuation 1
Lululemon
Unicorns $1B+ valuation 18
GeoComplyDapper LabsClioCopperleafSvanteZymeworksNexiiTruliooLayerZeroXenon PharmaceuticalsJane.appThe Metals CompanyGalvanizeHIVE Digital TechnologiesVisierSemiosThinkificAbCellera Biologics
Thoroughbreds+ $100M+ revenue 6
LululemonClioHIVE Digital TechnologiesZymeworksJane.appAbCellera BiologicsGalvanize

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
121
University spinouts
949
Total alumni-founded companies
606
Of which startups (<$15M raised)
263
Breakouts ($15M-100M)
80
Scaleups ($100M+)
University producing founders tied to Vancouver
  • 🇨🇦 University of Toronto Toronto · 65 alumni unicorns
    Notable alumni-founded: Shopify (founder team)CohereWealthsimple

Vs. similarly-sized ecosystems

How Vancouver stacks up

Peers chosen from the same country (Canada), sized closest to Vancouver by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
Vancouver
$74.9B
$59.3B
$18B
$6.4B
$2B
$514.6M
EV growth (5-yr ×) vs current EV

Top overview

Canada — top cities

Top cities in Canada ranked by combined EV. Vancouver'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)

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.

Sector breakdown
Where Vancouver's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Vancouver's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
Vancouver's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where Vancouver's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in Vancouver
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Vancouver
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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