To be honest, I’m not a big fan in “hot” lists because they’re so subjective. For startups, it’s difficult to assess “hot” because a variety of metrics can be applied. And, sorry, using Alexa.com to measure “hot” is a flawed approach.
But in keeping with the situation, here’s my completely unscientific list of the hottest startups and VCs. For the startups, it was creating by scraping the portfolios of the leading VCs and accelerators, lists created by Red Herring, Deloitte, CIX and PWC, and some personal selections. (I have tried not to include startups that have been snapped up such as GoInstant, or companies that have grown to become SMBs such as Freshbooks.)
From all this data, I picked 10 “hot” startups: Frank & Oak, 500px, Fixmo, HootSuite, Beyond the Rack, Keek, Top Hat Monocle, Chango, Wave Accounting and WattPad.
Canada’s hot VCs are: OMERS Ventures, Real Ventures, iNovia Capital, BDC, Golden Ventures, Extreme Ventures, Klass Capital, Relay Ventures, Mantella, Version One Ventures and Rho Canada.
In alphabetical order, here’s the complete list of the “hottest” 108 Canadian startups. (Feel free to make suggestions by leaving a comment).
Beyond the Rack
Frank & Oak
International Gaming League
Top Hat Monocle
More: Another way contribute to a “hot” list is casting your vote on Techvibes’ 2012 Canadian Startup Awards.