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Platform Calgary Powers $323M Tech Surge in 2024

April 22, 2025 by Robert Lewis Leave a Comment

Calgary’s transformation into a global tech contender continued its upward trajectory in 2024, with Platform Calgary playing a central role. According to the organization’s newly released Impact Report, startups connected to Platform Calgary raised a record-breaking $323 million last year, contributing to more than $1 billion in capital raised since 2018.

Positioned as the city’s “front door” to innovation, the Platform Innovation Centre hosted over 140,000 visitors in 2024—part of more than 204,000 since opening in 2022. The centre has emerged as a critical hub for Calgary’s growing startup ecosystem, now home to 623 member organizations, including 476 headquartered locally.

“Platform Calgary transforms the entrepreneurial landscape in our city, turning the loneliness of being a founder into a vibrant community of support,” said Quickly Technologies co-founder Kyle Friedman.

Backed by partners such as KPMG, PrairiesCan, and the City of Calgary, Platform supported 1,450 founders in 2024 through programs like Startup 101, Alberta Catalyzer, and the Platform Incubator, generating 6,750 jobs and $235 million in revenue across member companies. Wage contributions from these companies exceeded $700 million last year.

Platform also spearheaded 96 pitch events, helping startups connect with investors and secure $5.1 million in additional funding. Its Investor Hub, peer mentoring, and CEO roundtables further bolstered capital access and leadership development in the sector.

Inclusion remains a cornerstone of Platform’s mission. The report shows that 35% of member companies include a woman founder, 33% include founders from racialized communities, and 20% have at least one newcomer founder. Platform also hosts events like IndigiTech Destiny, fostering space for Indigenous tech leadership and inclusive conversations on innovation.

“Calgary isn’t just keeping pace—we’re setting the pace,” said Platform Calgary CEO Terry Rock. “Together, we’re building one of the world’s most exciting places to start and grow a startup.”

Calgary’s broader tech momentum is backed by recent data. The city’s tech workforce grew by 78% between 2018 and 2023, the highest rate among 50 major North American tech markets, according to CBRE. Calgary is now home to over 1,490 tech companies, representing 60% of Alberta’s total.

With a vibrant, connected ecosystem and competitive advantages like affordability, low tax rates, and deep talent pools, Calgary is increasingly attracting both international investment and national recognition. Platform Calgary’s report suggests this is just the beginning.

Filed Under: News Tagged With: Platform Calgary

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