Top Tech Companies in Toronto (3,091)

Strong Revenue Growth: Revenue is considered to be expanding rapidly, with recent quarters showing accelerated year-over-year gains in both total and subscription revenue. Multi-year growth at a high double-digit pace is also evident in the latest annual results.

Resilient & Sustainable Growth: Contracted revenue indicators appear robust, with total RPO at $29.0B and current RPO at $13.2B in Q2 2026. Management also raised its full-year 2026 subscription outlook, signaling confidence in continued expansion.

Innovation-Driven Growth: Newer AI offerings are gaining commercial traction, with ServiceNow AI surpassing $1 billion in annual contract value and agentic deployments scaling quickly. Large-deal activity and the count of very large customers also increased, indicating product-led expansion.

Profitability: Square gross profit increased year over year in 2025 and again in recent quarters, with gains driven by processing, software, and financial solutions like Square Loans. Filings indicate this momentum continued into 2026, with growth excluding hardware also improving.

Strong Market Position & Advantage: Square is described as a leader in small-business POS and commerce, serving millions of sellers and processing a very large volume of payments. Industry recognition and scale suggest durable competitive positioning in its core segments.

Market Expansion: International payment volume is growing faster than the U.S., and sectors such as food and beverage led recent gains. Seller acquisition accelerated late in 2025, indicating widening reach across geographies and customer segments.

Strong Revenue Growth: ARR is reported as more than tripled in 2025, with annual recurring subscription and service revenue increasing by over 220%. Growth is attributed to new and expanding relationships with private equity sponsors and their portfolio companies.

Market Expansion: Office openings and relocations across Chicago, Dallas, New York, and Toronto, plus expanded sponsor footprint and portfolio reach, indicate widening geographic and commercial coverage. The company cites doubling sponsor partnerships and reach into a network representing about $400B AUM.

Strong Hiring & Retention: Headcount is estimated to have risen sharply over 2023–2026, and multiple executive appointments (e.g., EVPs for Finance & Corporate Development and for Technology & Operations) were made to support scaling. Added locations and planned team growth in hubs like Chicago and New York further signal ongoing talent expansion.

Strong Market Position & Advantage: Adoption among major insurance brokers is described as deep, with 8 of the 10 largest U.S. brokers and many top-ranked agencies using an Applied system in 2025. Recognition such as Applied Epic’s inclusion in G2’s 2026 Top 100 and a large installed base reinforce a leading position in agency/broker management software.

Innovation-Driven Growth: Product expansion through AI-focused acquisitions such as Planck (2024) and Cytora (2025) adds risk digitization and automation capabilities. New offerings like Applied Recon, rapid growth in Applied Pay usage, and a “submissionless” experience with Travelers indicate active innovation driving usage.

Investor Backing & Capital Strength: Long-term backing from Hellman & Friedman, alongside Stone Point Capital, JMI Equity, and CapitalG, supports ongoing investment capacity and M&A. Multi-year ownership since 2014 aligns with continued acquisitions and product expansion.

Strong Revenue Growth: Reported 2025 trading revenue rose to $12.2B from $9.7B in 2024, and 2026 featured record quarters such as a $7.3B Q2, indicating material topline expansion. EBITDA was also reported higher in 2025, reinforcing financial momentum.

Strong Market Position & Advantage: The company indicates it executes a substantial portion of daily U.S. equity and retail trading volumes and holds a top rank on Tradeweb for U.S. Treasury flows, underscoring entrenched scale. Leadership in listed options and as an NYSE Designated Market Maker further points to durable competitive advantage.

Market Expansion: New initiatives such as launching a High Touch Equities business in late 2025, opening an Amsterdam office in 2026, and operating across 50+ equity and fixed‑income markets signal active expansion. Ongoing hiring—1,800+ employees, dozens of open roles across regions, and the firm’s largest intern class—suggests continued investment in capacity.

Strong Revenue Growth: Inclusion on the Inc. 5000 for five consecutive years and company statements of “healthy revenue growth” in 2025 indicate sustained top-line expansion. Three-year growth figures cited for recent periods (e.g., 152% then 82%) reinforce momentum, even though audited financials are not public.

Market Expansion: The .ai migration and subsequent surge (more than 60% YoY registrations in 2025, with registrar distribution roughly doubling) alongside multiple 2025 registry-agreement changes point to a growing footprint. Access to 1,800+ ICANN-accredited registrars and operations across 80+ locations further extend reach.

Strong Market Position & Advantage: Operating what is described as nearly 300 TLDs and supporting 28M+ domains, while resolving 60.4B+ DNS queries per day, signals substantial scale. Broad registrar access (including 90%+ coverage for .ai at migration) and a large installed base underscore competitive advantage.

Innovation-Driven Growth: App engagement is rising, with app GOV reported up around 20% year over year in Q1 2026 and app share above 40%, alongside enhancements to the customer value proposition. These product and channel gains point to areas of momentum even as the broader business works through a recovery.

Cost & Operational Efficiency: Efficiency initiatives and corporate simplification/cost-reduction programs targeting tens of millions in annualized savings are being implemented to stabilize the model. These actions are positioned to bolster margins and support an eventual return to growth.

Future-Ready Strategy: Management frames 2026 as a return-to-growth phase, citing sequential gains in GOV and adjusted EBITDA in Q1 and Q2 and raising the full-year outlook. Strategy updates emphasize app and value-proposition changes intended to drive a longer-term recovery.

Strong Hiring & Retention: Available information indicates headcount has moved from more than 900 to about 1,400 alongside active recruitment across marketing, design, engineering, and procurement, signaling ongoing talent expansion. Third‑party and campus postings in 2026 also reference 1,400+ employees across 26–28 countries.

Market Expansion: The organization operates across 26–28 countries with offices spanning North America, Europe, the Middle East, and Asia. This broad international footprint supports delivery across 100+ countries and multi‑market programs.

Strategic Partnerships: Continuing activity with major global clients such as McDonald’s, Starbucks, O2, Sony and others is evidenced by recent 2026 campaigns and long‑tenured relationships. The company also cites 400+ brand partnerships and large‑scale daily reach, indicating depth of commercial ties.

Profitability: Feedback suggests GAAP operating income turned positive in FY2026 and profitability has continued across recent quarters, indicating stronger earnings discipline.

Healthy Cash Flow: Feedback suggests free cash flow reached roughly $100M+ in FY2026 and remained solid in subsequent quarters, signaling improved cash generation.

Cost & Operational Efficiency: Feedback suggests margin expansion and restructuring efforts have driven better operating efficiency even as top-line growth slowed.

Strong Revenue Growth: Disclosures indicate revenue grew 137% in 2024 and 160% in the first nine months of 2025, reaching $783.7M for that period. Gains in average daily client balances and trading volume further underscore broad-based top-line acceleration.

Profitability: Net income turned meaningfully positive, with $89.1M in 2024 and $157.2M in the first nine months of 2025. This profitability alongside rapid scaling supports financial stability.

Market Expansion: The company expanded beyond U.S. prime brokerage into UK and European equities (e.g., LSE clearing membership) and pursued APAC access via regulatory approvals and acquisitions. It also broadened offerings across futures, fixed income, options, digital assets, and investment banking.

Investor Backing & Capital Strength: Institutional investors are providing sustained backing—Partners Group took a significant minority stake in 2022 alongside CVC Growth—with an explicit plan to fund international expansion, new products, and strategic acquisitions. This capital availability signals resources to underwrite the next phase of growth.

Product Line Growth: The company has expanded beyond chemical management into safety, ergonomics, industrial hygiene, operational risk, environmental compliance, ESG, and AI. Recent 2026 launches and new AI capabilities demonstrate continued broadening of the platform and addressable market.

Strong Market Position & Advantage: Independent industry recognition repeatedly places the firm in leadership cohorts (e.g., Verdantix Green Quadrant and G2 category leader listings). A large installed base—spanning 10M+ users and 15,000–19,000 customers across reported periods—reinforces competitive positioning.

Strong Revenue Growth: ARR is reported to have surpassed $200M by June 2026 after crossing $100M in early 2025, with five consecutive years of 100% year-over-year growth. This consistent doubling signals rapid scaling at substantial revenue levels.

Investor Backing & Capital Strength: Funding rounds include $75M in 2024 at a valuation above $1B and a $250M Series E in 2025 at a reported $2.2B, with total capital raised cited at $400M+. Such late-stage financing and rising valuations indicate robust access to growth capital.

Strong Market Position & Advantage: Adoption is described as reaching roughly 1 in 6 U.S. apartments, with deep penetration among large property managers and hundreds of operators. Expansion into healthcare and notable distribution relationships have broadened its commercial footprint.

Strong Revenue Growth: Revenue appears to be increasing over time, with evidence of substantial growth in 2022 and continued year-over-year expansion into early 2023, even as the pace moderates. Feedback suggests the business is still scaling toward a larger revenue base while transitioning to a mature growth profile.

Profitability: Independent credit commentary highlights improved profitability and a deliberate shift toward a profit-focused operating model. Feedback suggests efficiency gains and margin improvement are becoming central to the company’s stability and growth trajectory.

Innovation-Driven Growth: Ongoing AI platform investment, rising adoption of AI capabilities, and product expansion including acquisitions are cited as current growth engines. Feedback suggests these initiatives are supporting continued operational and market expansion.

Strong Revenue Growth: Revenue is portrayed as rising consistently, with multi-year acceleration alongside increases in recurring revenue and total payments processed. Company communications across 2024–2026 emphasize continued momentum rather than stagnation.

Product Line Growth: The portfolio expanded beyond payments into practice management, financial tools, and AI capabilities, unifying brands such as LawPay, MyCase, CasePeer, DocketWise, and CPACharge. This broader offering is presented as fueling adoption and deeper engagement among professionals.

Investor Backing & Capital Strength: Major private-equity investors partnered with the company in 2024 to support its next phase of expansion. This backing is framed as enabling acquisitions, platform development, and scaling initiatives.

Strong Market Position & Advantage: PSA and sister brands are consistently portrayed as dominant in trading-card grading, with the portfolio spanning leading names across authentication and grading. This positioning is reinforced by consolidation of major competitors and broad category coverage.

Market Expansion: The company has expanded through acquisitions (including Beckett) and scaled its physical footprint with new and international grading locations. Capacity additions and geographic buildouts indicate active scaling of operations.

Investor Backing & Capital Strength: The business secured a sizable financing at a multibillion-dollar valuation and later committed substantial capital to expand PSA’s footprint, technology, and hiring. These actions signal strong access to capital to fund growth initiatives.

Strong Revenue Growth: Net revenue rose at double‑digit rates in 2025 and continued to increase at a similar pace in early 2026, supported by higher gross dollar volume, cross‑border activity, and switched transactions. The multi‑quarter trend indicates consistent top‑line momentum rather than a one‑off spike.

Profitability: Operating income outpaced revenue growth in 2025, expanding margins, while net income and EPS also advanced strongly. This points to operating leverage as volumes and higher‑yield cross‑border flows scale.

Diversified Revenue Streams: Value‑added services and solutions grew markedly faster than the core network, with security, digital authentication, analytics, and consulting cited as key contributors. This mix shift broadens growth beyond card payment fees and supports resilience.

Market Expansion: Multi-year capacity additions in Brazil, North America, and the UK, alongside acquisitions such as Penobscot McCrum and Forno de Minas, point to growing geographic reach and production footprint. The operating base spans dozens of facilities with sales in 160+ countries, underscoring continued expansion momentum.

Investor Backing & Capital Strength: Large-scale investments (e.g., R$1.8bn in Araxá and C$600m in Alberta) and ongoing M&A signal access to significant capital and an ability to fund growth. Credit commentary indicating sufficient cash flow to support expansion further reinforces financial capacity.

Strong Market Position & Advantage: The company is repeatedly characterized as the world’s largest manufacturer of frozen potato products, supported by a substantial global production and distribution network. This scale advantage supports resilience and the ability to capture demand across regions and channels.

Strong Revenue Growth: Revenue is depicted as rising dramatically, including an increase from $3.6M in 2021 to $617.4M in 2024 and subsequent commentary citing a roughly $1B run rate.

Investor Backing & Capital Strength: Capital access appears robust, highlighted by a $150M Series D in 2026 at an approximately $3B valuation and total funding near $328M from prominent investors.

Market Expansion: Geographic and channel reach is expanding, with 26,000+ clinicians across all 50 states, 125+ insurance partners (including Medicare and Medicaid), and movement into employer and health‑system partnerships.

Product Line Growth: Multiple recent launches, including entry into infant formula and a major 2026 refresh of the cup portfolio, indicate active expansion across categories. These moves point to broadening beyond traditional baby accessories into adjacent, higher-value product areas.

Innovation-Driven Growth: A large and growing IP base with 350+ patents, 250+ international design awards, and an ongoing cadence of new filings underscores a sustained innovation engine. Continued product development and recognition suggest momentum that can fuel future growth.

Market Expansion: Products sold in 50+ countries signal a substantial international footprint. Presence across major retailers alongside organizational scaling supports the capacity to reach more markets.

Strong Revenue Growth: ARR exceeded $100M in 2023 and was later cited around $250M+ in 2025, with some 2026 reporting referencing $400M+ annualized revenue. This reflects multi-year expansion in recurring revenue and an increasing average revenue per customer as the company moved upmarket.

Market Expansion: Customer count grew from roughly 1,500 in 2021 to about 5,000 by 2025–2026, and the company expanded operations across the US, Europe, Australia, and Canada. This indicates broader geographic reach and deeper penetration in its target segments.

Investor Backing & Capital Strength: Successive late-stage financings—including $150M rounds in 2021–2023 and a $166M Salesforce-led investment in 2026—underscore continued access to capital. These rounds were paired with rising valuations and were described as supporting ongoing expansion and AI-related capabilities.