Canadian Tech Report 2021
2021 was an amazing year for Canadian tech companies with new records for total funding and deal volume.
Data Source: https://briefed.in
While in 2020 there was some concern about the low number of early-stage investments, 2021 has seen a significant increase in early-stage activity in Canada surpassing the highs in 2019 with the top three categories for investments in SaaS, FinTech and HealthTech.
Most investments in 2021 (In CAD)
- FinTech $2.5B
- SaaS $1.9B
- Marketplace $1.3B
- AI $ 1.0B
- Blockchain/Crypto $1.0B
- HealthTech $870.2 B
- EdTech $851.4M
Number of deals in 2021 (Categories)
SaaS
92
FinTech
76
HealthTech
63
AI
54
BioTech
38
Top deals in 2021
Faire
Waterloo Region + California
Trulioo
British Columbia
Dapper
British Columbia
ApplyBoard
Waterloo Region
Faire
British Columbia