Ten percent of Canada’s 500 fastest-growing companies are software firms, notes Profit Magazine, which runs the rankings.
The fastest-growing software firms in Canada grew their revenues by more than 700% on average over the past five years, creating over 5,000 new jobs.
Led by Enflick, ranked 9th overall with five-year revenue growth of 5,186%, other notables include Traction On Demand (21st, 2,995%), Avigilon (46th, 1,508%), and Devfacto (78th, 944%).
The PROFIT 500 is Canada’s largest annual celebration of entrepreneurial achievement. The program gives entrepreneurs and their businesses recognition for their achievements and contributions to Canada.