This report is a collection of snapshots of 22 tech startups located or founded in Victoria BC... see more
Source: Haro Ventures Startup Report - Intro
Haro Ventures releases 2017 Victoria, BC "Startup Report"
What does Victoria’s tech ecosystem look like? And how can sharing this information help all the players involved in building our community?
This report is a collection of snapshots of 22 tech startups located or founded in Victoria BC, gathered over the last quarter of 2016. We share glimpses into the company market opportunities, directions, go-to-market strategies and unique differentiators. We learn about the entrepreneurs’ vision for the future of their companies, about the times they’ve wanted to give up, and what kept them going.
The information in this report was gathered using semi-structured interviews with company CEO’s, founders, and team members. Relevant qualitative answers are displayed on the company snapshot pages, and quantitative data has been gathered for an aggregate display at the end of the report.
We call these insights snapshots because we acknowledge that the information provided could very well change over the next several years, and represents where the companies are at at specifically at this point in time.
We hope to provide an informative and well-rounded picture of what the tech startup scene in Victoria looks like in early in 2017. This report was created for individuals curious about our awesome city and tech community, potential investors looking for the next big thing, and even entrepreneurs wishing to learn more about their peers.
To download the full report, click here: https://silkstart.s3.amazonaws.com/58d2a1ac68621338f7f3fba5.pdf
High-tech sector has more than 101,000 people now working in software development, advanced tech... see more
Source: Times Colonist
Author: Andrew Duffy
B.C.’s technology sector leads in growth: report
The province’s high-tech sector has broken an employment record with more than 101,000 people now working in software development, advanced technology and research around the province.
According to figures released Wednesday by the provincial government, the tech sector, which employs about 20,000 directly in Greater Victoria, employs more people around B.C. than the mining, oil and gas, and forestry sectors combined.
According to B.C. Stats’ Profile of the British Columbia Technology Sector: 2016 Edition, technology now employs 101,700 people earning a weekly average salary of $1,590 – 75 per cent higher than the average wage in B.C. and higher than the Canadian technology sector average of $1,480 per week.
“For the fifth year in a row, B.C. has seen significant growth in its diverse technology industry. We have more technology companies than ever, with more technology workers, earning higher wages than the Canadian technology sector average,” said Amrik Virk, Minister of Technology, Innovation and Citizens’ Services. “Our #BCTECH strategy is further creating the conditions that are helping the sector continue to grow and thrive.”
B.C.’s tech sector also leads the country in terms of job growth. Employment in the tech sector rose 2.9 per cent, surpassing B.C.’s overall employment growth of 2.5 per cent and national tech sector employment growth of 1.1 per cent.
Technology now employs approximately 4.9 per cent of B.C.’s workforce and is the third-largest tech workforce in Canada.
The gross domestic product of the province’s tech sector grew by 2.4 per cent in 2015, contributing $14.1 billion to B.C.’s overall economic output.
At the same time, tech revenue increased five per cent to a record $26.3 billion.
Across all major metrics, Pretio achieved substantial annual and quarter-over-quarter growth. see more
Victoria, BC, November 3, 2015: Pretio Interactive, a mobile advertising company that reaches customers with real-world rewards at their most receptive, released the company’s third quarter results for 2015. Across all major metrics, Pretio achieved substantial annual and quarter-over-quarter growth.
Topline quarterly revenue increased by 56% from Q2 to Q3 2015 and 670% year-over-year from Q3 2014 to Q3 2015.
Pretio increased the number of reward impressions served by 60% from Q2 to Q3 2015, and 225% year-over-year from Q3 2014 to Q3 2015.
Brand Partner Growth
In Q3 2015 Pretio’s brand partners increased by 53% over the previous quarter and by 330% from Q3 2014 to Q3 2015.
Pretio has grown its team by 150% since Q3 2014 and by 30% quarter-over-quarter.
“The challenge for any high-growth technology company is to maintain a balance between financial growth and operational stability,” said Pretio CEO, Jim Hayhurst. “This quarter was especially important for Pretio as we achieved record revenue milestones while at the same time bringing on new people to handle the new demands of our brand and publisher partners. I could not be prouder of how the team managed this demanding period.”
This past quarter saw Pretio deliver campaigns for brands such as Tommy Bahamas, P&G, CBS, Amazon, and FanDuel to audiences across a wide variety of aps and games through contextual, relevant rewards at key moments. The ads helped brands overcome the “banner blindness” and performance issues that are pervasive across the digital landscape.
Additionally, in Q3 Pretio was invited to judge the Casual Connect Indie Prize Competition for game developers in San Francisco and attended Casual Connect Tel Aviv in October.
Pretio Interactive is working to finish 2015 in a strong way and anticipates continued growth going into Q4.
Based in Victoria, BC, Pretio Interactive is a mobile advertising company that connects brands to consumers through rewards in games and apps. The company is backed by Canadian technology investors Wesley Clover International and Yaletown Venture Partners. For more info visit www.pretio.in.