Toronto is a booming startup hub, and Finance and Healthcare are two of the most highly valued sectors in its startup ecosystem. Similar to many other startup hubs, the Enterprise Solutions sector is leading the way in startup focus.
A large percentage of startups in Toronto are in early stage of investment. This is indicative of the strong support that startups are receiving right from the point of setup. Healthcare is growing, with a large amount of Seed stage investment being in this sector.
A small number of startups are aiming for Series D funding but, compared to other cities, relatively few have gone beyond this stage. This signals that Toronto is relatively young as a startup investment hub, making it an ideal option for investors who are looking at newer, growing markets. With startups being established in an increasing number of sectors (over 15 at last count), investors can find their ideal startup regardless of the sector, size, and funding stage that make up their investment focus.
To discover more about Toronto’s landscape, read the whole article here.
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