Fastest growth in Canada

Blistering growth at a trio of Kelowna startups has landed all three businesses among exclusive company.

Kelowna-based Strawhouse has been named the fastest-growing startup in Canada.

Strawhouse, 5 Point Operations, and Refresh Financial were all named to the STARTUP 50 list.

The list of the 50 fastest-growing startups in the country is exhaustively researched, and acts as a companion to the PROFIT 500 ranking of the country’s fastest-growing companies.

Strawhouse stood far and above the competition, with more than 3,000 per cent growth over a two-year period, and $50 million to $100 million in revenue during 2016.

Kelowna's 5 Point Operations landed in 12th place on the list, while Refresh Financial made cut for the second year in a row.

“I’m super proud to be listed with this group,” said 5 Point partner Gord Oliver. “I had a chance to look through some of the companies that are on that list, and we’re happy to be named with all of them.”

For more on the companies' success, check out the full story on Castanet's sister business news website, Okanagan Edge.

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