World-class tech database, the first of its kind in North America is released in Alberta
It was announced recently that Alberta will be the first location in North America to join a vast network of startup ecosystems through the new Start Alberta database, which is being powered by Dealroom.
This is being initiated by A100, Alberta Enterprise Corporation (AEC) and the Venture Capital Association of Alberta (VCAA) in collaboration with various community partners. This new open-access database will provide real-time data that can be utilized by founders, investors, corporate and government stakeholders as it allows to catalogue and organize the collective regional tech ecosystem, from funding, work spaces and job listings, to accelerators, spinouts, and exits.
“The importance of tech startups to the Alberta economy has never been more acute,” says Tamara Woolgar, Executive Director, the A100. “Start Alberta data will provide an understanding of the sector at a macro level, empowering stakeholders with the knowledge needed to make fact-based decisions towards achieving sustainable growth and job creation.”
As this will be the most comprehensive database on startups and funding in Alberta, Start Alberta has also provided some key points on the health of the regional innovation economy while putting the Alberta startup ecosystem into the world’s spotlight.
“AEC has driven forward this initiative because we see it as foundational in helping Alberta companies connect with both investors and ecosystem support, while gaining critical visibility to a global investor network,” says Christiana Manzocco, Director of Industry Development, AEC, and Interim Lead, Start Alberta.
Start Alberta has partnered with Amsterdam-based Dealroom.co, the foremost digital SaaS data provider on startup, early stage and growth company ecosystems around the globe. Dealroom serves some of the world’s most prominent venture capital funds and corporations including Sequoia Capital, Accel, Google and Microsoft, and currently manages more than 40 white label solutions for global ecosystems, providing research, data curation and AI analytics support.
“As our first dedicated startup database in North America, we’re excited to be partnering with Start Alberta to bring real-time data and insights, and the highest level of transparency yet to the Alberta startup and venture capital ecosystem,” says Yoram Wijngaarde, CEO & Founder of Dealroom.co. “With more than 2,100 startups on the Start Alberta platform employing more than 18,000 people, startups are an important economic and job growth engine in the region and continue to attract record levels of investment.”
Start Alberta and its collaboration with Dealroom, Crunchbase, and Pitchbook will be a means to further the awareness of the province’s tech scene. This will collectively reach more than 60 million people, including some of the most influential corporations and investors.
“The launch of this platform in Alberta is a first in North America and shows how our thriving tech sector is positioned to be a leading player globally,” says Doug Schweitzer, Minister of Jobs, Economy and Innovation. “Alberta’s tech sector is setting new records and this platform will help showcase our companies to even more global corporations and investors. I look forward to seeing how this platform will benefit our growing tech sector.”
Some of the major players in Alberta’s tech industry are placing their support behind the Start Alberta database which also includes the SAIT School for Advanced Digital Technology (SADT) and ATB Financial. Another group of ecosystem organizations are also in support. These include Calgary Economic Development (CED), Platform Calgary, Innovate Edmonton, Edmonton Global, Health City, and the Edmonton Screen Industries Office (ESIO).
“This database is a critical tool to help our VCAA members and prospective investors discover investment opportunities in the province,” says Andrea Drager, VCAA Chair and Partner, Azure Capital Partners. “We are thrilled that this world-class platform is launching in Alberta.”
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