Category: Report

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State of Canadian Software: What 2025 signals for 2026

Over the last three years, Canada’s tech ecosystem has progressed with consistency and resilience. Our analysis shows that, in terms of company funding, Canada’s tech ecosystem is currently outperforming major non-U.S. international hubs in Europe and Asia, even as many of those markets experience periods of stabilization or contraction. Here is a peek at the…

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Canada’s Tech Resilience: Fueling a More Diverse and Competitive Economy

While 2023 marked a return to normal after the exuberance of 2020 and 2021, grind, grit, and determination defined Canada’s tech ecosystem in 2024. This year’s report dives into how the industry adapts to global trends while seizing growth opportunities. From the rise of the AI supercycle fueling a startup boom, to Canada’s leadership in…

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State of SaaS in Canada: Trends, Challenges, and Growth

2024 has been a pivotal year for Canadian tech. While challenges remain, the opportunities are even more significant, making this the perfect time to build world-class companies in our own backyard. As we prepare to release our State of Canadian Software Report in early 2025, here’s a preview of the key trends shaping our ecosystem,…

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Perspectives: 15+ Years of Shaping the Canadian Ecosystem

We founded Inovia more than 15 years ago with an ambitious goal of helping Canada become home to globally-minded tech companies. Fast forward to today, and we’re evolving in a thriving ecosystem with over $30B in funding since 2019, an equally important amount in exit values and a large and growing number of companies building…

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