Newfoundland and Labrador
State · Canada · Pop. 540K
Enterprise value
How much Newfoundland and Labrador’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Newfoundland and Labrador, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
VC investment
How much venture capital flows into Newfoundland and Labrador
VC investment into Newfoundland and Labrador-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Startup funnel
Newfoundland and Labrador's startup funnel
Companies headquartered in Newfoundland and Labrador at each stage today, by total VC raised. Hover a bar for the split.
Source: Dealroom.co
Quarterly report
Newfoundland and Labrador's latest quarter in venture capital
VC raised by Newfoundland and Labrador-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.
Latest complete quarter
Loading VC raised by Newfoundland and Labrador-headquartered companies…
Largest rounds
Largest funding rounds in Newfoundland and Labrador
A live treemap of the largest VC rounds. Each cell is one round into Newfoundland and Labrador-headquartered companies, grouped by Dealroom sector.
Largest rounds in Newfoundland and Labrador - 2026
Academia
Newfoundland and Labrador's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Newfoundland and Labrador.
Location comparison
How Newfoundland and Labrador stacks up
Compare Newfoundland and Labrador 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 regions in Canada ranked by combined EV. Newfoundland and Labrador's row is highlighted (#5).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Ontario | $378B | 14.9× | 38 | $3.3B | 4,447 |
| 2 | British Columbia | $79.3B | 9.0× | 23 | $1.8B | 2,099 |
| 3 | Quebec | $65.9B | 3.6× | 18 | $926.1M | 1,408 |
| 4 | Alberta | $25.2B | 4.8× | 8 | $373.7M | 1,191 |
| 5 | Newfoundland and Labrador | $3.9B | 68.2× | 1 | $86.2M | 59 |
| 6 | Nova Scotia | $3B | 6.2× | 0 | $163.3M | 245 |
| 7 | New Brunswick | $1.5B | 3.3× | 0 | $12.9M | 97 |
| 8 | Saskatchewan | $1.5B | 13.9× | 0 | $4M | 76 |
| 9 | Manitoba | $1.4B | 4.2× | 0 | $107.7M | 81 |
| 10 | Prince Edward Island | $104.6M | — | 0 | $5.4M | 17 |
More data
Explore Dealroom data →Get the full Newfoundland and Labrador ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.