AltaML Places 18th on The Globe and Mail’s Ranking of Canada’s Top Growing Companies

September 23, 2022 2 min read
AltaML Updates

Revenue growth for the applied AI company was 2,309% from 2018 to 2021

AltaML is pleased to announce it placed No. 18 out of 430 on the fourth-annual Report on Business ranking of Canada’s Top Growing Companies for 2022.

Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. AltaML earned its spot with three-year growth of 2309%.

AltaML is a leading applied artificial intelligence (AI) scale-up with extensive experience in building and operationalizing AI solutions. AltaML helps enterprise-level clients accelerate their AI adoption by bringing together its AI bench of experts with clients’ domain expertise to solve business problems with applied AI. To date AltaML has worked with more than 90 clients on over 400 problems, with the highest value models moving to integrated solutions. In tandem, AltaML has pursued sector-specific opportunities, resulting in new venture creation such as AlphaLayer and Jurisage.

“We are very proud to see AltaML recognized as one of Canada’s Top Growing Companies. Our revenue growth is a reflection of many things done well, as we work toward elevating human potential with applied AI,” said Nicole Janssen, Co-Founder and Co-CEO of AltaML. “Collaboration is at the heart of our business model and with the incredible team here, we have been able to deliver value in accelerating our clients’ AI adoption, earning their trust.”

“AltaML was established with a growth mindset, but perhaps more importantly, with a scrappiness and a belief in earning revenue to validate that we are actually creating value,” said Cory Janssen, Co-Founder and Co-CEO of AltaML. “We’re thrilled to be ranked so highly for revenue growth by the Report on Business as we continue to grow nationally and into the U.S.”

The full list of 2022 winners along with editorial coverage is published in the October issue of the Report on Business Magazine. The list is out now and online here.

“Canada’s Top Growing Companies recognizes the tremendous ambition and innovation of entrepreneurs in Canada,” says Dawn Calleja, Editor of Report on Business Magazine. “The next generation of Canadian businesses can draw inspiration from this ranking.”

“In an uncertain world, the success stories of the companies marked in this year’s Report on Business magazine’s list of Top Growing Companies are a beacon of optimism,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “The Globe and Mail congratulates them on their achievements.”

About The Globe and Mail

The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With our award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 5.9 million readers every week in our print or digital formats, and Report on Business magazine reaches 2.3 million readers in print and digital every issue. Our investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

About AltaML

AltaML is a leading developer of artificial intelligence (AI)-powered solutions. Working with organizations that want to use AI to leverage their data to develop solutions that drive tangible business results, AltaML empowers partners to create operational efficiency, reduce risks and generate new sources of revenue. Through a deep understanding of organizational pain points and challenges, AltaML’s solutions encompass the entire machine learning (ML) life cycle, from evaluating potential use cases and determining feasibility to piloting solutions, putting code into production, and ensuring model evolution.

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