Canadian seed rounds were comparable to U.S. peers as recently as 2017. Today, startups in Canada's top ecosystems raise seed rounds 37–40% smaller than those in comparable American tech cities, based on an analysis of approximately 65,000 funding rounds.
Canadian seed rounds were comparable to U.S. peers as recently as 2017. Today, startups in Canada's top ecosystems raise seed rounds 37–40% smaller than those in comparable American tech cities, based on an analysis of approximately 65,000 funding rounds.