Toronto, Canada, and San Francisco, CA — September 4, 2024 — C100, now in its 15th year, is proud to announce the 2024 cohorts for its new Growth Program and its re-energized Fellows Program. These programs are designed to help Canadian technology companies accelerate growth by connecting them with the expertise, networks, and resources of C100’s Silicon Valley, Toronto, and Global Membership.
“The strong applicant pool, including our selected Growth and Fellows cohorts, are a testament to the breadth and depth of Canadian tech innovation and long-term potential, ” said Michael Buhr, Executive Director of C100. “C100’s programs offer unparalleled experiences in helping Canada’s highest potential companies scale to be industry leaders. The applicants were so exceptional this year that we expanded both cohorts beyond what we initially anticipated. We simply couldn’t pass up the opportunity to support these outstanding founders, CEOs, and their companies.”
C100 Growth Program: Helping Companies Bend their Growth Curve
The Growth Program is designed to support rapidly scaling Canadian companies with $10M+ in annual revenue. The 12 companies in the cohort exemplify the best of innovation that Canada has to offer, with more than half of the leaders serial entrepreneurs. The cohort comprises pioneers in B2B SaaS, fintech, health tech, cleantech, and AI.
2024 Growth Program cohort companies include 7gen, Arteria AI, ContactMonkey, e-Zinc, Humi, My01, Phoenix, Rebelstork, Relay Financial, RetiSpec, stan, and Uride.
On average, these cohort companies will generate annual revenues of $20M US in 2024, with many expected to surpass $30M US.
“Canadian talent punches above its weight, but we need more successful companies to fuel our ecosystem, ” says Shelby Austin, Co-Founder and CEO of Arteria AI, one of C100 Growth Cohort companies. “The more that scale, the higher the value for Canada. By joining the C100 Growth Program, we’re excited to learn from the leading thinkers within the C100 community, engage with peer companies, and benefit from the impactful mentorship that will help us scale and contribute to Canada's growing tech landscape.”
C100 Fellows Program: 15 Years of Nurturing the Next Generation of Innovators
Now in its 15th year, the re-energized C100 Fellows Program (with 1:1 mentoring and an additional “48Hrs in the Valley” event) continues its tradition of identifying and supporting early-stage companies that showcase ingenuity, technological advancement, and a commitment to social impact. This year’s cohort of 26 startups – the largest ever – is characterized by its diversity, spanning B2B SaaS, deep tech, health tech, fintech, legal tech, and beyond.
2024 Fellows Program cohort companies include Ad Auris, Agentnoon, Blanka, Bounce, Cascade, CruxOCM, Cybrid, Endor Health, Friendlier, Hyper, Kento Health, MarineLabs, NiaHealth, Numr, Optimotive, GoVeyance, Rhenti, Rootd, Swap Robotics, Taiv, TeamLinkt, Tengiva, Ubenwa Health, Unified API, Youthfully, Zown.
"We’re eager to build our company alongside other ambitious founders building from Canada, ” says Eli Moore, Co-Founder and CEO of Endor Health, one of the C100 Fellows Cohort companies. “Our goal is to create a product with global reach, but we want to do that right here in Canada. We believe C100 is incredibly well positioned to support us in achieving this vision, helping us scale our ambition globally while staying rooted in the Canadian tech community."
The 26 companies represent a cumulative $100M+ US in funding from notable investors such as Pioneer Fund, YC, Garage Capital, Version One, Inovia, BDC, Microsoft M12 fund, Radical Ventures and more, with almost 40% of the companies founded by serial entrepreneurs.
Supporting Canadian Innovation
C100’s Growth and Fellows Programs are central to C100s mission of empowering Canadian entrepreneurs to build domestic and international category leaders. As part of this mission, C100 is dedicated to nurturing innovation, fostering strategic partnerships, and providing access to the resources needed to scale Canadian businesses on the global stage.
As C100 continues to deepen its impact in supporting Canadian entrepreneurs, these programs mark a significant milestone in the organization’s goal to accelerate the growth of over 100 Canadian technology companies past $100M US and at least 10 of those past $1B US in revenue by 2030.
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About C100
C100 is a global network of founders, operators, and investors dedicated to supporting Canada’s highest potential entrepreneurial tech leaders and companies. Established in 2009, C100's mission is to help Canadian-based tech entrepreneurs build and scale impactful global businesses by connecting them with the expertise, networks, and resources of its Silicon Valley and globally-based veteran membership.
C100 offers programs for early and growth-stage founders and leadership teams. These programs provide access to a global network of experienced builders and operators, offering insights on scaling and leadership. This member-based approach ensures that Canadian tech entrepreneurs, regardless of stage, have the resources and guidance to grow and succeed globally.
C100's membership encompasses over 500 C-suite executives, CEOs, and founders of influential technology companies. Founders in our membership have built companies collectively valued at over $100B US, and our GP-level investor members represent leading investment firms with a combined AUM of $80B US. Since its inception in 2010, C100's early-stage fellowship companies have collectively raised over $5B US in venture funding and created over $15B US in market value.
To learn more, visit C100.org.
Contact:
Marie Cook
Director of Marketing and Communications, C100
647-637-8803
