LinkedIn Unveils Canada’s Top Startups Of 2019

Today LinkedIn released the Canadian edition of the 2019 Top Startups list, featuring the most sought-after startups where professionals want to work and stay. The top five startups in Canada are Element AI, Wealthsimple, Clearbanc, Cannabis Compliance Inc. and League.

This year’s list is comprised of companies operating in a diverse range of industries such as financial services, healthcare and cannabis, to name a few. In the race for talent, an ever-evolving fundraising landscape and industry rife with unprecedented innovation, these startups are cutting through the noise.

The three trends for this year’s list are democratizing access to health practitioners for patients, honing-in on niche audiences to cater to their financial needs and servicing cannabis users in Canada.

These are the top five most sought-after startups on LinkedIn right now by professionals:

  1. Element AI builds artificial intelligence-powered software for enterprises, including its first publicly available product that helps automate document reading and processing for businesses.
  2. Wealthsimple aims to make investing simple and accessible to everyone by combining human financial advisors along with a low-fee, diverse portfolio that minimizes risks.
  3. Clearbanc, which aims to invest $1 billion across 2,000 companies this year, provides anywhere from $10,000 to $10 million to help young companies expand their marketing efforts and, ultimately, revenue.
  4. Cannabis Compliance Inc. is one of Canada’s first consulting firms to advise on regulatory issues around cannabis. The startup not only helps companies gain government approvals and stay compliant, they also offer training for professionals who want to break into the industry.
  5. League has built a one-stop app for employees to access their lifestyle and health care benefits, streamlining everything from insurance details to unique company perks in an easy-to-use hub.

The complete Canadian Top Startups list can be found in the following blog post.

Methodology:

LinkedIn measures startups based on four pillars: employment growth, engagement, job interest and attraction of top talent. Employment growth is measured as percentage headcount increase over one year, which must be a minimum of 15%. Engagement looks at non-employee views and follows of the company’s LinkedIn page, as well as how many non-employees are viewing employees at that startup. Job interest counts rate at which people are viewing and applying to jobs at the company, including both paid and unpaid postings. Attraction of top talent measures how many employees the startup has recruited away from LinkedIn Top Companies, as a percentage of the startup’s total workforce. Data is normalized across all eligible startups. The methodology time frame is July 1, 2018, through June 30, 2019.

*For fairness, we have removed LinkedIn and Microsoft from consideration for the LinkedIn Top Startups list as we do with all other lists in the editorial franchise.

 

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