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State · North America

Alberta

State · Canada · Pop. 4.8M

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

$24.8B+36%
Combined startup EV
$380.7M
VC invested (last 12mo)
1,174
Tracked startups
#33/ 69
Unicorns per 1M people · regions rank
🦄 Unicorns
8
8 live · +1 new in 2025 (incl. 0 new decacorns)
💎 Decacorns
0
🐎 Thoroughbreds
4
Top 1% growth · $500M+

Adjacent regions by EV

Startup funnel

Alberta'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
214
Seed
173
Series A
112
Series B
53
Series C
22
Unicorn
8

* 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 Alberta

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

Unicorns $1B+ valuation 8
UptakeNeo FinancialShareworks (formerly Solium Capital)JobberCoolIT SystemsAurinia PharmaceuticalsEnverus Intelligence Research (formerly RSEG)Benevity
Thoroughbreds+ $100M+ revenue 4
Aurinia PharmaceuticalsDIRTT Environmental SolutionsJobberCoolIT Systems

Academia

Alberta's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Alberta.

University-linked startup formation
105
University spinouts
317
Total alumni-founded companies
216
Of which startups (<$15M raised)
81
Breakouts ($15M-100M)
20
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Alberta stacks up

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

Combined enterprise value
$379B
$70.6B
Alberta
$24.8B
$1.4B
EV growth (5-yr ×) vs current EV

Top overview

Canada — top regions

Top regions in Canada ranked by combined EV. Alberta's row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 Ontario $379B 14.8× 36 $2.8B 4,279
2 British Columbia $82.4B 9.6× 22 $1.3B 2,031
3 Quebec $70.6B 3.8× 14 $1B 1,356
4 Alberta $24.8B 4.7× 8 $380.7M 1,174
5 Newfoundland and Labrador $3.9B 68.4× 1 $86.2M 58
6 Nova Scotia $3B 6.3× 0 $163.3M 237
7 New Brunswick $1.5B 3.3× 0 $5.4M 91
8 Saskatchewan $1.4B 13.4× 0 $4M 75
9 Manitoba $1.3B 4.3× 0 $107.7M 76
10 Prince Edward Island $104.6M 0 $5.4M 17

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 Alberta dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Alberta's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Alberta'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
Alberta'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 Alberta'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 Alberta
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Alberta
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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