PROFIT HOT 50 List announced - Shopify, Syncapse, and Cakemail included

by Rob Lewis

The 11th Annual PROFIT HOT 50 List was published today and more than a handful of the companies recognized as Canada’s Emerging Growth Companies have been covered here on Techvibes over the past year.

  • #7 - Ottawa's Shopify 
  • #8 - Vancouver's VersaPay 
  • #12 - Toronto's Syncapse
  • #14 - Victoria's RevenueWire
  • #16 - Vancouver's Appnovation
  • #24 - Montreal's CakeMail
  • #25 - Toronto's HomeStars
  • #34 - Toronto's

Published in the October issue of PROFIT magazine (which hits newsstands today) and online at, the PROFIT HOT 50 ranks young Canadian companies like us by two-year revenue growth.

Ottawa, Ontario, Canada

Shopify is an Ottawa based commerce platform that allows anyone to easily sell online, at their retail location, and everywhere in between. Shopify offers a professional online storefront, a payment solution to accept credit cards, a point of sale system to power retail sales and a card reader to accept payments through a mobile phone. Shopify currently powers over 165,000 active online stores... more

Toronto, Ontario, Canada is a growing online community of homeowners and home improvement companies throughout Canada and the U.S. HomeStars offers a free service for homeowners to find reputable renovators, repairmen and retailers by searching its database of almost 2 million companies. Homeowners write reviews based on their home improvement experiences – both good and bad. This builds a collective... more

Montréal, Québec, Canada

The CakeMail email marketing app simplifies the way you stay in touch with people that matter. Manage your contacts, choose a free template, create professional email campaigns and simply...send. It’s an affordable, easy-to-use solution, made for people like you - whether you're just starting off or just looking to make things simpler. more

Vancouver, British Columbia, Canada

VersaPay provides a platform to automate the exchange of payments and invoices among transaction partners to get them paid faster, increase efficiency, sustainability and reduce costs. VersaPay provides a simple, fast, and secure environment for sending and requesting payments, giving organizations the ability to pay online with their bank account or credit card. VersaPay also handles all... more

Toronto, Ontario, Canada

A global leader in the practice areas of digital consulting, community building, technology solutions, and digital measurement, Syncapse helps our clients leverage the power of social media to drive greater value and success for their businesses. Using expert cross-discipline strategic thinking paired with leading-edge customizable technologies, we create unique and innovative solutions that... more

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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more

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