FreshWorks Studio

  • Article
    Attendance ballooned to over 1,100 guests, making it one of the largest celebrations of its kind in see more

    19th Annual VIATEC Awards shine spotlight on Greater Victoria’s #1 industry

     

    VICTORIA, BC (June 15, 2019) – Last night at the Royal Theatre, the VIATEC Awards celebrated the innovation and excellence of individuals and technology companies responsible for making Victoria the fastest growing technology region in British Columbia. 49 finalists were honoured, with 15 recipients receiving newly designed astronaut trophies (designed by local artist Russell Papp), at the elaborate show. Attendance ballooned to over 1,100 guests, making it one of the largest celebrations of its kind in the nation, and VIATEC’s most attended - ever.

    Erin Skillen took the reigns for the second year in a row as host for the production, bringing the perfect balance of humour, intelligence and attitude. With a theme of “There’s no place like home”, the night featured local variety show acts from Passion

    and Performance Arts Inc, Atomic Vaudeville and a powerful finale accompanied by the resident awards band, in what has become an annual tradition... flying inflatable Killer Whales. The stage was brought to life by immersive video projections from VJ Photon featuring seven flown screens featuring video projection mapping along with four laser banks and five giant disco balls all supported by the incredible stage crew of the Royal Theatre. Everyone continued the celebration at the After Party with local eight piece band The New Groovement.

    “It is our honour to produce a show that brings together and entertains our tech community and we relish the opportunity to highlight and celebrate some of our top performing companies and executives,” said Dan Gunn, CEO of VIATEC. “Each year gets more elaborate and we cannot say enough about our local arts community and what they bring to make this event the unique and anticipated festivity it is has become.”

    WINNERS :

    Technology Company of the Year (30+ employees):
    (Sponsored by: Farris, Vaughan, Wills & Murphy LLP)

     

    Technology Company of the Year (11-29 employees):

    (Sponsored by: Lazaridis Institute)

     

    Scale-Up of the Year:

    (Sponsored by: KPMG LLP)

     

    Start-Up of the Year:

    (Sponsored by: Bambora)

     

    Product of the Year:

    (Sponsored by: RBC Commercial Financial Services)

     

    Innovative Excellence - Software or Service:

    (Sponsored by: Grant Thornton LLP)

     

    Innovative Excellence - Hardware:

    (Sponsored by: Wesley Clover)

     

    Leader of the Year:

    (Sponsored by: AbeBooks)

     

    Emerging Leader of the Year:

    (Sponsored by: Roy Group)

     

    Team of the Year:

    (Sponsored by: Royal Roads University)

     

    Employer of the Year:

    (Sponsored by: The VIATEC Foundation)


     

    NAMED RECIPIENTS (No finalists):

     

    The Colin Lennox Award for Technology
    Champion:

    (Sponsored by: Reed Pope LLP)

     

    VIATEC Members of the Year:

    (Sponsored by: Cox Taylor LLP)

    • Sang Kiet-Ly, KPMG

     

    Community Champion:

    (Sponsored by: City of Victoria)

     

    Angel of the Year:

    (Selected by the Capital Investment Network, Sponsored by Osler, Hoskin & Harcourt LLP)



    Media Contact:

    Michaela Schluessel
    Community Manager
    VIATEC
    mschluessel@viatec.ca

     

    About VIATEC

    VIATEC (Victoria Innovation, Advanced Technology and Entrepreneurship Council), started in 1989. Our mission is to serve as the one-stop hub that connects people, knowledge and resources to grow and promote the Greater Victoria technology sector (Victoria's biggest industry). We work closely with our members to offer a variety of events, programs and services. In addition, VIATEC serves as the front door of the local tech sector and as its spokesperson. To better support local innovators, we acquired our own building (Fort Tectoria) where we offer flexible and affordable office space to emerging local companies along with a gathering/event space for local entrepreneurs. www.viatec.ca, www.forttectoria.ca

  • FreshWorks Studio Inc. posted an article
    FreshWorks Studio ranks 20th on The Globe and Mail Top Growing Companies ranking. see more

    FreshWorks Studio is pleased to announce it placed 20th on the inaugural Report on Business ranking of Canada’s Top Growing Companies. Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. FreshWorks Studio earned its spot with three-year growth of 2,216%.

    “Our team works hard every day to build extraordinary digital solutions for our clients,” says FreshWorks Studio co-founder and CEO Sam Mod. “When Rohit and I  immigrated to Canada 5 years ago, we only dreamed of building such a fast growing company. It’s truly humbling to be ranked on The Globe and Mail’s ranking of Canada’s Top Growing Companies.”

    “A growth of this size wouldn’t have been possible without the relentless hard work and dedication to developing the best possible solutions for our clients from our team and the continued trust and engagement from our clients,” says FreshWorks Studio co-founder and CEO Rohit Boolchandani.

    Launched in 2019, the Canada’s Top Growing Companies ranking program aims to celebrate
    entrepreneurial achievement in Canada by identifying and amplifying the success of growth-minded, independent businesses in Canada. It is a voluntary program; companies had to complete an in-depth application process in order to qualify. In total, 400 companies made the ranking this year.

    “The 400 companies on the inaugural Report on Business ranking of Canada’s Top Growing Companies ranking demonstrate ambition, innovation and tremendous business acumen,” says Phillip Crawley,Publisher and CEO of The Globe and Mail. “Their contributions to the economy help to make Canada a better place, and warrant commendation.”

    You can view the journey of FreshWorks Studio’s growth here.

    About The Globe and Mail: The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With our award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 6.6 million readers every week in our print or digital formats, and Report on Business magazine reaches 1.8 million readers in print and digital every issue. Our investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

    About FreshWorks: FreshWorks Studio specializes in designing and developing elegant and high quality mobile and web apps for startups, enterprises and government organizations. Their team of 60 passionate designers and developers are headquartered in Victoria BC, with offices in Vancouver and Seattle.

    For further information contact: Lisa Stappert, Marketing Coordinator, lisa@freshworks.io
     

  • Article
    This isn’t the first time FreshWorks has been recognized for their growth success. see more

    Source: FreshWorks Studio

    FreshWorks Studio Celebrated At Technology Impact Awards

     

    FreshWorks Studio was recognized at the Technology Impact Awards with a win in the Company of the Year - Growth Success category. FreshWorks co-founders Samarth Mod and Rohit Boolchandani were present to accept the award.

    The BC Tech Association hosts the Technology Impact Awards (TIAs) each year to celebrate the change makers, the up-and-comers, the innovators, and the bold—those who are transforming the tech industry and building the fabric of BC’s vibrant tech ecosystem. The award for “Growth Success” acknowledges a high growth company demonstrating outstanding performance and potential to grow further.

    FreshWorks was in good company last night, some of the other winners include SAP, Clio, AbCellera, and Novarc Technologies.

    Started by two immigrants from India in 2016, FreshWorks Studio has grown to over 60 employees with offices in Victoria, Vancouver, and Seattle. Some of their clients are such notables as Harbour Air, BC Hydro, David Foster Foundation, Grouse Mountain, various departments at the BC Government, and the cities of  Victoria, Coquitlam, and West Vancouver.

    Being nominated among companies like Beanworks and Nanotech Security was very humbling. They are both such experts in their fields so to be named in the same list was very exciting. The win came as a surprise but we were so honoured to be able to accept the award in front of some of our clients and closest supporters. It’s truly amazing to see where hard work can take you.
    Sam Mod

    This isn’t the first time FreshWorks has been recognized for their growth success. Earlier this year FreshWorks was a finalist at the VIATEC Awards in the category Scale-Up of the Year, where the company also won the Employer of the Year award. This week FreshWorks co-founder and CEO Sam Mod was presented the RBC Entrepreneur award at the RBC Top 25 Canadian Immigrants Awards in Toronto.

    For photos and  highlights from the acceptance speech, please visit our website.

    About FreshWorks: FreshWorks Studio specializes in designing and developing elegant and high quality mobile and web apps for startups, enterprises and government organizations. Their team of 60 passionate designers and developers are headquartered in Victoria BC, with offices in Vancouver and Seattle.

    For further information contact:
    Lisa Stappert, Marketing Coordinator
    lisa@freshworks.io

  • Article
    Victoria’s high-tech community has raised $300,000 to help tackle the issue of local food security. see more

    Source: Times Colonist 

    Tech sector steps up for Mustard Seed

    Victoria’s high-tech community has raised $300,000 to help tackle the issue of local food security.

    During its annual awards show June 14, investor and former chair of the Victoria Innovation, Advanced Technology and Entrepreneurship Council, Rasool Rayani, challenged the full-house audience to pledge money to the cause. They raised $200,000 on the spot.

    The money was combined with $100,000 from the Victoria Foundation, which will be given to the Mustard Seed Street Church to further develop its Food Security Distribution Centre.

    The centre, on Viewfield Road in Esquimalt, currently brings in about 1,815 kilograms of rescued produce each day and is part of the Food Share Network, a partnership of 50 organizations that operate food security programs in Greater Victoria.

    The Mustard Seed estimates more than 35,000 people in Greater Victoria seek a reliable source of food every month.

    Dan Gunn, chief executive of VIATEC, said raising that kind of money within minutes is just a small example of the local industry’s generosity.

    During the VIATEC awards more than 20 individuals and companies stepped up to fund the large donation. They were: Redbrick Technologies, Checkfront, Kixeye, Kano, Rumble, Scott and Jessica Lake, StarFish Medical, RingPartner, FamilySparks, Mark Longo, Stuart Bowness, Gord Macdougall, RaceRocks, Telmediq, Royal Roads University, FreshWorks Studio, Watershed, Quimper, VIATEC and the Victoria Foundation.

    Anyone wanting to donate: victoriafoundation.bc.ca/make-a-donation.

  • Article
    Proceeds will go towards the next phase of development of Food Security Distribution Centre. see more

    VICTORIA, BC (July 2, 2019) – On Friday June 14th, over 1,100 community members came together to celebrate the achievements made in the Greater Victoria technology sector for the annual Victoria Innovation, Advanced Technology and Entrepreneurship Council Awards at the Royal Theatre. The energy in the room was electrifying - so much so that when VIATEC Past Chair Rasool Rayani challenged the audience to raise funds to help food security in Victoria, $200,000 was pledged on the spot by a number of generous local tech companies and entrepreneurs. (See the full list below). The monies will be combined with an additional commitment of $100,000 from the Victoria Foundation for a total of $300,000.

    “Tech companies locate in Victoria for many reasons including the post-secondary schools, research facilities and quality of life,” said Dan Gunn, CEO of VIATEC. “That said, most of the tech sector’s $4.06 billion in annual revenues are generated by selling our products globally. As a result, our 955 tech companies do not require the same kind of strong brand recognition locally that the other primary sectors of our economy rely on and they fly under the radar. We know that our members have always given back but, much of that giving has been quiet or anonymous. The VIATEC Foundation was created as a way to encourage, support and recognize the community support of local tech companies and the results of this impromptu campaign shows the impact they continue to have.”

    “The Food Rescue Project is innovative, inspiring and demonstrates how many entities, agencies and organizations can come together for greater good. We are honoured to assist our members in supporting such a great initiative.”

    The VIATEC Foundation, in partnership with the Victoria Foundation, are putting the money towards the next phase of development of Food Security Distribution Centre. The 22,000 sq. ft facility at 808 Viewfield Road in Esquimalt currently serves as a central hub for the Food Rescue Project, which recovers and redistributes fresh healthy food that currently reaches about 35,000 people every month across the capital region. Consultation and planning is underway to further leverage the Centre to support the local food economy through such things as incubation and development of food-based social enterprises, processing and storage for local food production, or opportunities for food skills training and employment.

    Earlier this year, the Mustard Seed secured financing to purchase the Centre in partnership with the Victoria Foundation and a $2 million grant from the province. The Centre, which launched in 2017, is part of the Food Rescue Project, an initiative of the Food Share Network, a collaboration of more than 50 member organizations, including local non-profits, First Nations, School Districts and other organizations working towards a food secure region.

    For those that would like to take up the challenge, donations can be made to the VIATEC Foundation Fund at https://victoriafoundation.bc.ca/make-a-donation/ or by sending a cheque payable to the Victoria Foundation—with the memo line of “VIATEC Foundation Fund”—to Victoria Foundation, #200 - 703 Broughton Street, Victoria BC, V8W 1E2.

     

    Generous commitments so far: 


    About the VIATEC Foundation

    The VIATEC Foundation, in partnership with the Victoria Foundation, was established by VIATEC to connect Victoria’s technology sector to the broader community. The foundation offers a mechanism for the tech sector to harness its collective charitable efforts to maximize the impact of the sector’s donations.

    About VIATEC
    VIATEC (Victoria Innovation, Advanced Technology and Entrepreneurship Council), started in 1989. Our mission is to serve as the one-stop hub that connects people, knowledge and resources to grow and promote the Greater Victoria technology sector (Victoria's biggest industry). We work closely with our members to offer a variety of events, programs and services. In addition, VIATEC serves as the front door of the local tech sector and as its spokesperson. To better support local innovators, we acquired our own building (Fort Tectoria) where we offer flexible and affordable office space to emerging local companies along with a gathering/event space for local entrepreneurs. www.viatec.ca, www.forttectoria.ca

    Media Contact:
    Michaela Schluessel

    Community Manager

    VIATEC

    mschluessel@viatec.ca

  • Article
    As always, the night was filled with irreverence and a touch of pandemonium. see more

    Source: Times Colonist 
    Author: Andrew Duffy

    More than 1,100 people gathered in the Royal Theatre Friday night to celebrate the brightest lights of the high-tech industry.

    The 19th annual Victoria Innovation, Advanced Technology and Entrepreneurship Council awards handed out 15 trophies in what was the largest awards show yet. As always, the night was filled with irreverence and a touch of pandemonium — complete with flying inflatable whales — while the spotlight hit some of the best stories in the industry.

    “It is our honour to produce a show that brings together and entertains our tech community and we relish the opportunity to highlight and celebrate some of our top performing companies and executives,” said VIATEC chief executive Dan Gunn.

    “Each year gets more elaborate and we cannot say enough about our local arts community and what they bring to make this event the unique and anticipated festivity it is has become.”

    Erin Athene was named this year’s winner of the Victoria tech sector's highest award, the Colin Lennox Award for Technology Champion. Athene has been a tireless servant to the community having worn several hats including starting the local Ladies Learning Code chapter and serving as a mentor in VIATEC’s accelerator program.

    Other winners were Women’s Equity Lab as Angel of the Year; Sang Kiet-Ly of KPMG as Member of the Year; and RingPartner, named Community Champion.

     

    Other Winners

    • Tech Company of the Year (30+ employees): Benevity

    • Tech Company of the Year (11-29 employees): RingPartner

    • Scale-Up of the Year: Tutela

    • Start-Up of the Year: Cuboh

    • Product of the Year: Limbic Media

    • Innovative Excellence, Software or Service: DreamCraft Attractions

    • Innovative Excellence, Hardware: RioT Technology Corp.

    • Leader of the Year: Anita Pawluk, RaceRocks

    • Emerging Leader of the Year: Stephanie Thiel, SaaSquatch

    • Team of the Year: Encepta

    • Employer of the Year: FreshWorks Studio

  • Tessa Bousfield posted an article
    A total of $45,224.40 in cash and 3,246 lbs of food has been collected for the Mustard Seed. see more

    Tech community continues support of local food bank with a $51k donation

    VICTORIA, BC - December 10, 2018 - A total of $45,224.40 in cash and 3,246 lbs of food has been collected for the Mustard Seed as a direct result from the 2018 VIATEC Foundation Food Bank Challenge! The weight in food is a new record, more than doubling last year’s weight and is equal to $6,492 ($2 per pound). This brings the total 2018 value to $51,716.40!

    It is our honour to continue to play a role in encouraging and directing the generous members of our community,” said VIATEC CEO, Dan Gunn. “The participants got creative with their fundraising this year; There were wine raffles, bake sales, pancake breakfasts, chili cook-offs, office parties, plenty of interoffice competition and even a push-up competition between two companies. They’ve been digging deep, having fun and making a difference as part of the VIATEC Foundation Food Bank Challenge for over a decade and it’s because of them that many families will have food on the table this holiday season, and throughout the year. All the credit goes to our members and donors and we look forward to aiding them for many more decades to come.”

    Since its inception in 2002, $2,201,714.40 worth of food and cash has been donated to the Mustard Seed through companies participating in the VIATEC Foundation Food Bank Challenge. With this year’s amount, the challenge has raised a total of $2,253,420.80!

    The weight in food is a new record, more than doubling last year’s weight and is equal to $6,492 ($2 per pound)

     

    This year’s top contributors:

    Greatest Per-Employee Contributor

    • 1st place: Aviary Technologies ($727 cash & food per employee)

    • 2nd place: RevenueWire ($309.10 cash & food per employee)

    • 3rd place: AES Engineering ($219.60 cash & food per employee)

    Greatest Overall Contributor

    • 1st place: RevenueWire ($12,364 cash & food)

    • 2nd place: Starfish Medical ($7,090 cash & food)

    • 3rd place: AES Engineering ($5,490 cash & food)
       

    A plaque presentation took place on December 7th at VIATEC and the Greater Victoria Chamber of Commerce’s Sweater Weather Get Together event, bringing out over 300 attendees.

    2018 Participants:

     


    About VIATEC:

    VIATEC (Victoria Innovation, Advanced Technology and Entrepreneurship Council), started in 1989. Our mission is to serve as the one-stop hub that connects people, knowledge and resources to grow and promote the Greater Victoria technology sector (Technology is Victoria's #1 industry with a $4.06 Billion Annual Revenue, a $5.22 Billion Economic Impact and over 16,775 employees across 995 high-tech companies - and growing!)

    We work closely with our members to offer a variety of events, programs and services. In addition, VIATEC serves as the front door of the local tech sector and as its spokesperson. To better support local innovators, we acquired our own building (Fort Tectoria) where we offer flexible and affordable office space to emerging local companies along with a gathering/event space for local entrepreneurs. www.viatec.ca

     

    About the VIATEC Foundation:

    A fund, held with the Victoria Foundation, that provides a simple way for VIATEC members to give back. Launched in June of 2017 (Raising $177,242 on its first day), the VIATEC Foundation is a result of seeing the philanthropic efforts of VIATEC Members being made privately or members lacking a direction for their goals. Because it is an industry that thrives on competition and challenges, VIATEC saw an opportunity to offer people a way to direct their generosity and show the Victoria community what’s possible.

     

    About the Mustard Seed Street Church:
    The Mustard Seed Street Church has been essential in fighting hunger and restoring faith to a large portion of people living in poverty, as well as the working poor, in Greater Victoria since 1975. The Mustard Seed’s operations are nearly 100 percent community funded and include Vancouver Island’s largest Food Bank, a Family Center, Hospitality programs, and addictions recovery at Hope Farm Healing Centre as well as more traditional Church services.

    The Mustard Seed Street Church positively impacts, on average 5,000 individuals per month, with more than 50 volunteers keeping things running everyday.  With your help, lives are transformed on a daily basis! www.mustardseed.ca

     

    MEDIA INQUIRIES:
    Tessa Bousfield
    Marketing & Events Director
    VIATEC
    Cell: 250-896-7668
    tbousfield@viatec.ca


     


     

  • Tessa Bousfield posted an article
    In 2014-15, they not only completed their MBA’s, they founded FreshWorks Studio... see more

    Source: Innovationboulevard.ca

    Humility is a Core Value: Innovation Boulevard Interview with Samarth Mod of FreshWorks Studio

    Entrepreneurs like Samarth Mod and Rohit Boolchandani are great examples of the potential that new immigrants bring to Canada. Both men left their homes in central India in 2012 and 2013 to seek new opportunities and enhance their post-secondary education in British Columbia, Canada. In 2014-15, they not only completed their MBA’s, they founded FreshWorks Studio, which has quickly established itself as a leading Canadian app development firm, employing over 50 people in Victoria and Vancouver, with a satellite office in Seattle.

    I had the pleasure of chatting with Samarth Mod, the CEO from FreshWorks last month, and wanted to share our conversation about this rapidly growing company with you.

    IB: What challenge is FreshWorks addressing for customers?

    Sam: We are app developers and architects.  So many organizations need mobile, web, blockchain and AI applications; many enterprises need a dedicated team to work on their project either from scratch or augmenting their existing team. We work closely with clients to identify how they can bring their idea to reality.

    IB: What core technologies do you use?

    Sam: Native for Mobile (iOS & Android), Reach/Angular javascript for Web frontend, Python, PHP, Node for Backend

    IB: Where did your name “FreshWorks” come from?

    Sam: Unlike many other companies, we didn’t spend a lot of time or money on this. Our name originated in a pub over beers. We just kept coming back to the notion of “fresh”…fresh ideas, fresh design, fresh process, and somehow we landed on FreshWorks. We use friendly yet ambitious language, primary colors and fresh design in all of our branding and work with clients.  

    IB: How does your partnership with Rohit work?

    Sam: Rohit and I met each other back in India where we became good friends. We wanted to come to North America and ultimately settled in Victoria at the age of 25, where I had a scholarship to go to UVIC – and I liked the climate. We came to BC a year apart from one another to work on our respective MBAs. We had a few business ideas in the early days – that truthfully – weren’t that successful.  Our partnership is like a business marriage; we work really hard to be honest and respectful, even when we disagree.

    IB: Tell us something you’ve done that makes you proud.

    Sam: One of our early applications was for BC Highways – essentially a free mobile app for BC residents and commuters, based on open source data to help make the BC driving experience as seamless, safe, and efficient as possible. It all started with Rohit and I being stuck in a detour for 3 hours and us thinking, “Hey, this can be addressed!” To date, the app has been downloaded 100,000+ times.

    IB: What’s your approach to finding customers?

    Sam: We focus a lot on networking and building relationships. Also, it sounds hard to believe, but our clients are actually finding us now. Our reputation for building solid, yet flexible applications is growing, so we’re finding customers coming to us. It’s a great spot to be. We are ranked #3 in Canada for top app developers.

    IB: What do you look for in the people you hire?

    Sam: We do have a lengthy recruitment process, as we believe the number one reason for our success is our people. We do pre-screening interviews, and then the prospect completes a challenge – a small project related to the work they could be expected to do. Then we have our team conduct a challenge evaluation to assess the work and candidate.  We have a high value- and mission-driven team, so everyone’s assessments matter. Our HR team drills deep into teamwork-oriented questions to ensure we’ve got a great fit. One of our top values is humility.

    IB: I don’t hear too many teams claim humility as a core value. Tell me more.

    Sam: My business partner and I failed a lot in the beginning; we hadn’t nailed a viable model… I think we had two business ideas that just didn’t go anywhere, but we just kept trying. I think knowing that success is tenuous is critical. Success should keep you modest. We use humility in our approach to day-to-day business dealings and how we interact with everyone. Knowing that everyone is fallible, but also capable of great things, is really important.

    IB: How did you come to be a member of Innovation Boulevard?

    Sam: We competed in a Fraser Health Hackathon, sponsored in part by Innovation Boulevard, and we were fortunate enough to do well in the competition. It’s great to be part of an ecosystem dedicated to innovation.

    IB: Are you doing work in the health sector?

    Sam: Yes. We have worked with Fraser Health and we are developing apps for others, like Anxiety Canada, Healing Hub and LiveCare, CanAssist, and more.

    IB: Tell me about some of the awards FreshWorks has won.

    Sam: There’s got to be some irony in that, as we just talked about humility as a core value! However, I can proudly say that our team has won a number of awards. We were recently ranked 3rd in Canada for Top App Developers; we also received Small Business BC’s “Best Immigrant Entrepreneur” award this year, and I was fortunate to receive BC Business’ 30 Under 30 award. FreshWorks ranked #30 in Top 50 startups in Canada by Canada Business and we have received a fair bit of recognition in local and national publications.

    IB: Any last parting words you’d like to share?

    Sam: Many immigrants come to Canada as job seekers and then go on to become job providers. My partner and I are part of this trend of people who come to Canada for both the lifestyle and the opportunities here, and then we create businesses and provide meaningful work for other Canadians. I’m glad that Canada welcomes newcomers – from highly skilled workers to refugees to international students. Not only do newcomers bring important perspectives, talent and experience, but they also help keep Canada culturally diverse and economically vibrant, which benefits us all.
    __________________________________

    Alison Berg is the Director of Marketing at Innovation Boulevard. She loves to chat with interesting
    people and learn how their businesses thrive. When she’s not doing “marketing stuff,”

    she’s starting businesses, watching Netflix, and hanging out with her 2 daughters.

  • Tessa Bousfield posted an article
    Meet Canada’s Top New Growth Companies: Including Victoria's own Flytographer and FreshWorks Studio! see more

    Source: canadianbusiness.com

    Startup 50: The Complete Ranking of Canada’s Top New Growth Companies

    Meet Canada’s Top New Growth Companies for 2018:
    Including Victoria's own Flytographer and FreshWorks Studio!

    The brash, bold, bright upstarts on our 2018 Startup 50 ranking of Canada’s Top New Growth Companies represent the most promising enterprises the country has to offer. They’ve successfully brought innovative new ideas, products and services to market at a breakneck pace, and they’ve done it in style. Pay attention: These businesses are the next big thing. 

    Congratulations to VIATEC Members Flytographer and FreshWorks Studio for making this impressive list!

    What is the Startup 50?

    The Startup 50 serves as a companion to the Growth 500 ranking of Canada’s Fastest-Growing Companies. It is meant to celebrate businesses that have achieved remarkable growth—look no further than the numbers on these pages for proof!—in a very, very short period of time.

    The Startup 50 ranks businesses on two-year revenue growth. In order to be eligible, a company must have been founded and generating revenue between July 1, 2012 and early 2015. All companies voluntarily 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. Visit Growth500.ca for more.