Newfoundland and Labrador
State · Canada · Pop. 540K
Adjacent regions by EV
Startup funnel
Newfoundland and Labrador'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.
* 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 Newfoundland and Labrador
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
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.
Vs. similarly-sized ecosystems
How Newfoundland and Labrador stacks up
Peers chosen from the same country (Canada), sized closest to Newfoundland and Labrador by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.
Top overview
Canada — top regions
Top regions in Canada ranked by combined EV. Newfoundland and Labrador'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 Newfoundland and Labrador dataset — or see a sample on the Dealroom app.
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.