Canada currently has more than 77 privately held technology companies surpassing US$100-million in annual revenue, according to a recent report by the Globe and Mail. Many are valued into the billions of dollars. They collectively employ tens of thousands of people, and many are likely to go public in the coming years. Some members of the $100 million club would rank among the top 10 most valuable tech stocks on the TSX if they were publicly-traded.
The expected wave of tech IPOs could provide investors – for the first time - with a breadth of choice among quality domestic tech companies. Who are the stars of Canada’s $100 million club? Join The Globe and Mail on April 1 to meet and hear from some of the tech stars reshaping Canada’s economy and investment growth potential.
At Deloitte, our Purpose is to make an impact that matters. We exist to inspire and help our people, organizations, communities, and countries to thrive by building a better future. Our work underpins a prosperous society where people can find meaning and opportunity. It builds consumer and business confidence, empowers organizations to find imaginative ways of deploying capital, enables fair, trusted, and functioning social and economic institutions, and allows our friends, families, and communities to enjoy the quality of life that comes with a sustainable future.
MaRS Discovery District is one of the world’s largest urban innovation hubs, advancing Canada’s ability to turn research into globally competitive companies. For 25 years, MaRS has supported science- and technology-based ventures across health, climate and emerging technologies, connecting founders to capital, customers, talent and commercialization pathways. As a national convenor, MaRS works with industry, investors, governments and research institutions to address systemic barriers that prevent Canadian innovation from scaling domestically.
RBCx banks, builds, and invests in the innovation ecosystem – backed by the institutional strength and stability of the Royal Bank of Canada (RBC). With specialized financial solutions, portfolio building experience, and a collective of specialists that provide powerful support, we help startups and scaleups unlock growth across every stage of their journey.
Canaccord Genuity is a global financial services firm headquartered in Canada, operating across two principal business segments: Capital Markets and Wealth Management. In capital markets, we are a global, independent investment bank providing sector-focused, idea-driven solutions to institutional and corporate clients. Our independence and global perspective allow us to identify strategic opportunities and deliver coordinated, cross-border services. Through an integrated platform of equity research, sales and trading, and investment banking, we offer informed insights, shrewd advice, cross-border expertise, and access to global capital markets, partnering with growth-oriented entrepreneurs to take their businesses to the next level. In wealth management, our highly personalized approach has been designed to enable advisors to meet the unique needs of high-net-worth Canadians. In both segments, we leverage our global footprint, local expertise, and agility to deliver outcomes tailored to our clients’ goals
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Andrew Saunders is the President and CEO of The Globe and Mail, overseeing all aspects of Canada's national newspaper, its business magazine, digital advertising network, digital platforms and events and conference lines of business. With over 20 years of experience at The Globe, he brings expertise in revenue generation and management, business transformation, change management and digitization, data analytics & consumer insights, technology implementation, branding and performance marketing, pricing optimization and more.
In his previous role as Chief Revenue Officer at The Globe, Andrew was responsible for shaping the monetization strategy and driving the business transition from print to digital across all facets of the business, including subscription revenue, licensing, advertising sales, events and conference business, data engineering & analytics, digital media/UX and consumer marketing.
Andrew is an active and highly respected figure within the media and advertising community, having served on various industry juries, including the Media Innovation Awards, Marketing Hall of Legends, and the Effie Awards. He is Chair of the Canadian Cannes Advisory Board, a member of the executive team on the IAB board of directors, a board director of the World Association of News Publishers – IFRA supervisory board, and a board member of The Canadian Press and the Advertising Standards of Canada. His voluntary activities include board membership of the United Health Network Foundation and a member of the 2024 United Way Greater Toronto Campaign Cabinet.
In his capacity as President and CEO, Andrew Saunders is dedicated to maintaining The Globe and Mail’s journalistic excellence and steering it towards innovation in the ever-evolving media landscape.
Michael Katchen is the co-founder and CEO of Wealthsimple, Canada’s leading financial innovator. Wealthsimple was founded to make financial services simpler and more human. Today, it offers a full suite of products including managed portfolios, trading, spending, tax filing, mortgages, and more. More than three million Canadians trust Wealthsimple with over $100 billion assets.
In 2024, Mike launched Simple Ventures to build the next generation of Canadian companies. He serves on the boards of Intact Financial and Wealthsimple Foundation.
Sarah Huggins co-founded Hiive to bring clarity and access to private market liquidity. As co-founder and COO, she leads the company’s trading operations and regulatory framework, building the modern infrastructure that supports transparent secondary and primary transactions at a global scale.
Trained as a lawyer and an experienced founder, Sarah brings rigor and conviction to a sector long defined by opacity. Before Hiive, she built and led a consumer business following a career in corporate law—experience that informs how she builds organizations that shape how complex, regulated markets operate.
In just over five years, Hiive has facilitated more than $3 billion in shareholder liquidity in some of the world’s most innovative private companies. Her ambition is clear: build an enduring financial infrastructure in Canada that sets a new standard for how private capital moves globally
Alok is a recognized visionary, guiding Prophix to become a global leader in financial performance management by empowering the office of the CFO with transformational Cloud and AI based technologies. Alok’s passion is for building exceptional operating teams, driving customer satisfaction and inspiring colleagues to create positive change
Anna Sainsbury is Co-Founder and Executive Chairman of GeoComply, a leading company at the forefront of geolocation, fraud prevention, and cybersecurity solutions. Anna has guided GeoComply to become an indispensable partner in the gaming, fintech, media streaming, and cryptocurrency industries. The company's advanced technologies address fraud, compliance, and cyber threats, ensuring digital security for prominent brands like DraftKings, FanDuel, BBC, and Nextdoor.
Since 2011, Anna has been a driving force behind GeoComply's growth, which processes over a billion transactions monthly and safeguards more than 200 million devices worldwide. GeoComply has received accolades such as Deloitte’s Top 5 High-Growth Tech Companies and recognition from Fast Company as one of the Top 10 Most Innovative Enterprise Technology Companies.
Beyond Anna’s commitment to technological innovation at GeoComply, she is a strong advocate for making the digital world a safer place for all, and actively collaborates with organizations like the Child Rescue Coalition to combat child exploitation and protect those most vulnerable online.
Jack Newton is the CEO and Founder of Clio, the global leader in legal AI. Headquartered in Vancouver, Canada, Clio is transforming the legal experience through innovative, client-centered technology. With foundations in AI and machine learning research, Jack has been at the forefront of leveraging advanced technologies to reshape the legal industry, from pioneering cloud-based legal technology to advancing AI-powered solutions that redefine how legal professionals work and serve clients. Today, Clio powers the world’s most comprehensive legal technology platform, supporting more than 400,000 legal professionals across 130 countries.
Sean Silcoff writes about technology and life sciences for the Globe and Mail. He is the winner of three National Newspaper Awards and is the co-author of Losing the Signal: the Spectacular Rise and Fall of BlackBerry, which was released in May 2015. Losing the Signal won Canada’s National Business Book Award and was shortlisted for the international Financial Times & McKinsey Business Book of the Year. It was also adapted into the 2023 film "BlackBerry." Sean joined the Globe and Mail in January 2012; he previously worked as a columnist and Montreal correspondent for the National Post and as a staff writer at Canadian Business Magazine. He began his reporting career covering courts and crime in Cornwall, Ont.
April Fong is a senior editor with The Globe and Mail’s Report on Business. She was previously Executive Editor of The Logic, where she helped oversee the publication's editorial strategy, led its daily newsletter to multiple SABEW Best in Business awards and was a frequent moderator in live events.
A former senior digital producer at BNN Bloomberg, April has also worked at the Financial Post and China Economic Review in Shanghai. She taught Business Reporting at her alma mater, Carleton University’s School of Journalism and Communication from 2021 to 2024.
Mark is a senior partner and Vice Chair at Deloitte and is based out of the Ottawa office. He has over 25 years in public practice and his experience includes advising clients on tax-effective structures for international business, cross-border mergers and acquisitions, technology transfers and tax planning strategies.
He has held a number of senior roles within the firm, and currently sits on the national Technology, Media and Telecom executive and the National tax executive. Mark is a member of the Canadian Tax Foundation, the Canadian Securities Institute and the Canadian Association of Certified Financial Planners. In addition, Mark has been included in the International Tax Reviews Guide to the world’s leading tax advisors as recognized by his peers.
Mark holds a Bachelor of Commerce from Carleton University.
Sid Paquette is the Head of RBCx – the technology and innovation arm of RBC dedicated to helping Canadian tech and life sciences companies scale across every stage of their growth journey.
In this role, Sid is responsible for transforming the way Canada’s largest financial institution supports the unique banking, capital and operational needs of innovative tech founders as they bring their bold ideas to life. He leads a highly specialized platform of advisors and technical experts who help companies scale by connecting them to the most relevant advice, ecosystem partners, and financial solutions. As part of his mandate, Sid also has oversight of RBCx’s growing in-house portfolio of companies, which include Dr.Bill, Ownr, Mydoh, and Houseful.
Prior to RBCx, Sid was a Managing Partner of one of the largest Canadian venture capital firms where he led several multi-stage investments in high-growth technology companies. As a serial tech investor and disruptor at heart, he is deeply engaged in the North American tech and innovation ecosystem. He has been an avid supporter of tech entrepreneurs and innovators through his various roles as an investor and board member of several scaling tech companies, including 360insights, Klue, League, and Xanadu.
Sid holds a Bachelor of Arts (BA) from York University, Juris Doctor (J.D.) from Osgoode Hall Law School, Master of Business Administration (MBA) from Wilfrid Laurier University and a Master of Taxation (MTax) from the University of Waterloo.
Grace Lee Reynolds is CEO of MaRS Discovery District, where she leads the teams, partnerships and infrastructure that help Canadian science- and technology-based ventures move from breakthrough to scale. As MaRS builds on 25 years of supporting innovators, Grace is guiding the organization's next chapter: reinforcing its role as a catalyst for commercialization, aligning ecosystem partners, and positioning MaRS as essential infrastructure for Canada's innovation economy.