The source adds the following information: "The Startup List ranks businesses on two-year revenue growth. To be eligible, a company must have been founded, and started generating revenue, between July 1, 2014, and early 2017. All companies applied to participate in the program. We shortlisted companies based on revenue figures supplied on a brief self-nominating ballot, then verified eligibility and revenue claims through detailed questionnaires and reviews of applicant-supplied financial statements. Companies must have generated minimum revenue of at least $1 million in the most recent fiscal year to qualify. Growth rates were calculated using a base-year minimum of $200,000."
The source does not specify the publication date. The release date is the date of access.
Citation formats
Fastest growing startups in Canada, by two-year revenue growth 2020
As of 2020, Steel River Group was the fastest growing startup in Canada. This pipeline and construction company was founded in 2017 in Calgary, Alberta. In the last two years, it grew by percent, heading the ranking of Canadian startups. Steel River, an indigenous-owned business, collaborates with indigenous communities on infrastructure projects. Tru Earth followed in the ranking, with a two-year revenue growth of percent. The company is specialized in eco-friendly detergents.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆÆ½â°æ can support your business.
Canadian Business. (February 10, 2022). Fastest growing startups in Canada as of 2020, by two-year revenue growth [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 24, 2026, from /statistics/878589/fastest-growing-start-ups-canada-by-revenue-growth/
Canadian Business. "Fastest growing startups in Canada as of 2020, by two-year revenue growth." Chart. February 10, 2022. ÌÇÐÄÆÆ½â°æ. Accessed July 24, 2026. /statistics/878589/fastest-growing-start-ups-canada-by-revenue-growth/
Canadian Business. (2022). Fastest growing startups in Canada as of 2020, by two-year revenue growth. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 24, 2026. /statistics/878589/fastest-growing-start-ups-canada-by-revenue-growth/
Canadian Business. "Fastest Growing Startups in Canada as of 2020, by Two-year Revenue Growth." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 10 Feb 2022, /statistics/878589/fastest-growing-start-ups-canada-by-revenue-growth/
Canadian Business, Fastest growing startups in Canada as of 2020, by two-year revenue growth ÌÇÐÄÆÆ½â°æ, /statistics/878589/fastest-growing-start-ups-canada-by-revenue-growth/ (last visited July 24, 2026)
Fastest growing startups in Canada as of 2020, by two-year revenue growth [Graph], Canadian Business, February 10, 2022. [Online]. Available: /statistics/878589/fastest-growing-start-ups-canada-by-revenue-growth/