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Meet Ottawa’s 10 fastest-growing companies

Fastest-growing companies 2023

Every year, the Ottawa Business Journal launches a competition to determine the city’s top-10 fastest growing companies. These companies disclose their annual revenues for the past three fiscal years to determine their rate of growth. The data is verified by accounting partners, tabulated and the list is unveiled.

The 2023 list includes ecommerce firms, technology startups, a mergers and acquisitions specialist, an accountant and a marketing agency.

Looking at OBJ’s top-10 list, it’s obvious the 2023 recipients have pushed themselves beyond their comfort zones to pursue their big goals — and they’re seeing their businesses grow as a result. This list is a great snapshot of what is possible for businesses in the city.

Congratulations to all of the winners of 2023’s Fastest-Growing Companies: 

Bushbalm

  1. Bushbalm

Growth rate: 1,026%
Last year’s rank: 1

Bushbalm are specialists in bikini line skincare and hair removal.

Noibu

  1. Noibu Technologies Inc.

Growth rate: 954%
Last year’s rank: 2

Noibu detects, prioritizes and resolves critical e-commerce errors to deliver better digital experiences and prevent lost revenue.

Sampford Advisors

  1. Sampford Advisors

Growth rate: 817%
Last year’s rank: 8

Sampford provides mergers and acquisitions advisory services for technology companies.

Fellow

  1. Fellow

Growth rate: 729%
Last year’s rank: New in 2023

Fellow is where teams gather to have productive team meetings and meaningful one-on-ones.

Food Cycle Science

  1. Food Cycle Science Corporation

Growth rate: 426%
Last year’s rank: 6

Food Cycle is the inventor of the FoodCycler, the science-backed solution to food waste.

Riaz Sidi

  1. Sidi.io

Growth rate: 426%
Last year’s rank: 7

Sidi.io is a performance and growth marketing firm focused on driving business results for clients.

Aydin CPA

  1. Aydin CPA Professional Corp.

Growth rate: 317%
Last year’s rank: New this year

Aydin is a small local CPA company in Stittsville.

TryCycle

  1. TryCycle Data Systems Inc.

Growth rate: 315%
Last year’s rank: New this year

TryCycle is a digital mental health software company.

Purecolo

  1. Purecolo

Growth rate: 234%
Last year’s rank: 10

Purecolo is a no-frills co-location facility offering data centre space and uptime peace of mind to clients. 

Knak

  1. Knak

Growth rate: 212%
Last year’s rank: New this year

Knak provides codeless email and landing page creation for enterprise teams.

The Fastest Growing Companies program is supported by presenting sponsor GGFL Chartered Professional Accountants, an Ottawa-based accounting firm.

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