Montréal
Metro area · Canada · Pop. 4.3M · WithinWorldNorth AmericaCanadaQuebecMontréal
Startup funnel
Montréal's startup funnel
Companies headquartered in Montréal at each stage today, by total VC raised. Hover or tap a bar for the split.
Source: Dealroom.co
Quarterly report
Montréal's latest quarter in venture capital
Venture capital raised by Montréal-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.
Latest complete quarter
Loading VC raised by Montréal-headquartered companies…
Enterprise value
How much Montréal’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Montréal, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
VC investment
How much venture capital flows into Montréal
VC investment into Montréal-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Largest rounds
Largest funding rounds in Montréal
A live treemap of the largest VC rounds. Each cell is one round into Montréal-headquartered companies, grouped by Dealroom sector.
Largest rounds in Montréal - 2026
Academia
Montréal's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Montréal.
| # | University | City | Founders | Companies |
|---|---|---|---|---|
| 1 | McGill University | Montreal | 2,555 | 3,014 |
Location comparison
How Montréal stacks up
Compare Montréal with peers from the same country (Canada) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top cities in Canada ranked by combined EV. Montréal's row is highlighted (#5).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Ottawa–Gatineau | $231B | 44.9× | 2 | $85.7M | 398 |
| 2 | Toronto-Waterloo | $141B | 7.4× | 35 | $3.1B | 3,663 |
| 3 | Toronto | $113B | 9.6× | 29 | $3B | 2,739 |
| 4 | Vancouver | $71.7B | 9.5× | 21 | $1.8B | 1,736 |
| 5 | Montréal | $58.3B | 3.4× | 15 | $865.5M | 1,097 |
| 6 | Calgary | $18.4B | 10.2× | 5 | $276.3M | 711 |
| 7 | Hamilton | $7.6B | 5.4× | 3 | $13.7M | 116 |
| 8 | Waterloo | $6.7B | 2.5× | 4 | $45.1M | 194 |
| 9 | Edmonton | $6.4B | 1.9× | 3 | $95.9M | 403 |
| 10 | Mississauga | $6.4B | 7.0× | 1 | $40.6M | 228 |
| 11 | Halifax | $2B | 5.7× | 0 | $132.4M | 190 |
| 12 | Vaughan | $821.7M | — | 0 | $0 | 47 |
More data
Explore Dealroom data →Get the full Montréal ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.