TORONTO, ON – October 6, 2016 – The Canadian Innovation Exchange (CIX) yesterday announced Unata as one of twenty companies inducted into the annual CIX Top 20 program. Unata was honored to be among the twenty companies chosen out of the hundreds of profiles submitted this year from all regions of Canada.
CIX Top 20 companies were chosen by a selection committee made up of technology experts and investors from across the country based on their product/service offering, depth of management, market opportunity and business model. These businesses join an elite list of hot Canadian tech companies that have made up the CIX Top 20 over the past decade.
Unata’s CIX Top 20 recognition comes on the heels of a very successful year so far. Unata is on pace to achieve 350% YOY revenue expansion in 2016, following 700% revenue growth in 2015.
“The CIX Top 20 Program had a record number of applications this year, with a high proportion of early-stage companies with less than $100k in revenue,” said Alison Nankivell, Co-Chair of CIX and Vice President, Funds and Co-investments at BDC Capital. “It is exciting to see so many young tech companies with such great potential to contribute to Canada’s success as a global innovation leader.”
“We are humbled to be recognized by CIX as not only an innovator in retail technology, but also as a business leader in Canada,” said Chris Bryson, Unata CEO and Founder. “We look forward to being a member of Canada’s ever increasing technology ecosystem and have loved everything that Toronto has had to offer as a hub for our growing company.”
Unata powers industry-leading digital experiences for some of North America’s most well-respected grocers, with the mission to innovate the future of the grocery shopping experience. Unata enables 1-to-1 eCommerce, eCircular and eLoyalty experiences, powering the entire digital grocery experience through a single platform. Unata’s award-winning work is featured by retailers including Lowes Foods, Raley’s, Longo’s and more.
About Canadian Innovation Exchange
The Canadian Innovation Exchange (CIX) is the ‘must attend’ event for leaders in Canada’s innovative economy. In its 9th year, CIX repeatedly attracts 750+ technology industry leaders, tech entrepreneurs and investors (VCs, angels and accredited investors) from across the Canada and the United States. This exclusive event showcases Canada’s most innovative and promising young tech companies and provides the tools to networking, build new relationships and increase deal flow. CIX facilitates hundreds of new relationships and has fostered hundreds of millions of dollars in transactions.