Viral Nation is proud to be recognized as a top 10 growth company by the Canadian Innovation Exchange for 2022. This achievement comes out of a record of 485 submissions from across Canada and by a committee of over 100 top global investors.
For 15 years, CIX Top awards program has identified Canada's most innovative early and growth startups from coast to coast. The 300+ CIX alumni are an impressive list of Canada’s hottest tech companies, most discovered at an early-stage by CIX’s Selection Committee. Each year, investors and corporations include CIX as a key part of their due diligence process to find companies to invest and partner. The award-winning companies represent a diverse range of technology including medtech, fintech, big data, security, marketing and cleantech sectors.
The CIX 2022 Selection Committee is made up of 140 top global investors who evaluated the submissions using six criteria 1) Business Model, 2) Quality of Product and Service Offering, 3) Innovation, 4) Market Opportunity, 5) Depth of Management, and 6) Diversity, Equity and Inclusion of the Leadership. Companies were given the opportunity to include information on how the pandemic has impacted their business and how they are building for success.
"CIX received 485 submissions from across Canada this year, a new record," said Lauren Linton, Executive Director of CIX. "Plus, we were thrilled to see a big surge in women-led companies representing 38.5% of all applicants, an increase in medtech, cleantech and later stage growth companies. Over half the applicants were in the $500K to $5M revenue range."
Founders and CEOs of all 30 selected companies from the Growth 10 and 20 lists presented, including our very own Mat Micheli, at the CIX Summit on November 1-2, in downtown Toronto to over 700 investors, entrepreneurs and advisors in the North American technology ecosystem.