The Globe and Mail’s Report on Business has released its seventh annual ranking of Canada’s Top Growing Companies, celebrating 400 businesses across the country that achieved impressive three-year revenue growth.
Alberta’s tech sector once again made a strong showing, with a number of companies earning recognition for their sustained momentum and innovation.
PurposeMed (#23, 1,459% growth)
Founded in 2019 by Dr. Husein Moloo, Amaan Banwait, and Pete MacLeod, Calgary-based PurposeMed has quickly emerged as a digital health leader. The company provides virtual healthcare services across Canada, with a focus on underserved communities. Its rapid growth reflects both the shift toward telemedicine and the company’s commitment to accessible, patient-centric care. PurposeMed was tabbed a startup to watch in 2023 by Calgary.tech.
Helcim (#44, 776% growth)
Founded by Nic Beique, Helcim has become one of Calgary’s most prominent fintech success stories. The company offers transparent, all-in-one payment processing solutions for small and medium-sized businesses across North America. With new product launches and a growing U.S. footprint, Helcim’s strong performance demonstrates the global demand for fair, merchant-friendly payments technology. It was named one of the 5 companies to watch in 2023 by Fintech.ca.
Nanoprecise Sci Corp (#48, 723% growth)
Headquartered in Edmonton and founded by Sunil Vedula and Prashant Verma, Nanoprecise develops AI-powered monitoring systems that predict machine failures and optimize energy use. Its technology helps industrial operators cut costs, reduce downtime, and lower emissions. After earning recognition at Global Energy Show Canada in 2024, Nanoprecise’s continued expansion underscores the role of Alberta innovators in driving sustainable industry solutions.
Showpass (#127, 296% growth)
Founded in 2014 by Lucas McCarthy, Showpass is a fast-growing event ticketing and e-commerce platform. The company supports organizers worldwide with tools for ticketing, payments, and event management. With a new tech hub in Calgary and steady customer adoption, Showpass continues to scale while supporting both major events and community initiatives. It was named one of Calgary.tech’s top 10 startups to watch for 2025.
Blackline Safety (#237, 138% growth)
A long-time Calgary staple, Blackline Safety was founded in 2004 by Cody Slater. The company designs and manufactures connected safety devices and cloud-based monitoring services, protecting workers in hazardous industries across more than 100 countries. With three-year growth of 138%, Blackline shows that even established firms can maintain momentum through innovation and global expansion.
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