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Top 7 Software Companies in Kitchener Waterloo

Kitchener-Waterloo is Canada’s fastest growing technology triangle and is home to some of Canada’s top software companies.

Many large players took part in turning KW into a tech hotspot, with University of Waterloo attracting many world-class technology companies to call this place home. The university is globally recognized among the top 40 schools for engineering and technology, providing high-quality education and fostering creativity in students through building skills in the latest technologies. This helped create a culture of innovation and entrepreneurship throughout the joint cities, putting Kitchener Waterloo on the map beyond the Canadian borders.

Companies like Google and Shopify established branches in the area in an effort to covet the unique talent pool that can be found here. Waterloo had already hosted an iconic corporation, Blackberry, which set the trajectory of KW as a tech talent market. Despite the downturn BlackBerry eventually took, the company continues to thrive in unexpected ways.

From cybersecurity and finance to custom software development, here you’ll find the top 7 software companies in Kitchener Waterloo:

1. Applyboard

Earning the top spot on our list, Applyboard is making waves in the international student experience. The founders were international students themselves attending Conestoga College when they realized there was a severe lack of organization for those outside the country looking to become students in Canada. What was once a complicated, time-consuming and emotionally exhausting experience is now a straightforward process.

The founders worked together with government organizations as well as educational institutes to implement Applyboard, a platform that puts all requirements and necessary documents in one place. Their goal is to bring education to the entire world. Making education accessible through innovative software makes Applyboard #1 in our hearts.

2. ISU Corp

Founded in 2005, ISU Corp is thriving now more than ever as artificial intelligence takes the world by storm. ISU Corp has helped local businesses compete in a global market for over 18 years and continues to do so as new technology changes the way people live and work.

ISU Corp is a software company in Kitchener Waterloo that specializes in custom software solutions and AI integration. By collaborating closely with businesses, ISU ensures that its software aligns seamlessly with their operations, streamlining processes, enhancing efficiency, and driving growth. Now, the company is harnessing the power of AI technologies to offer innovative solutions that leverage data insights and automation to optimize business processes.

Over the years, ISU Corp has built a strong reputation in KW's tech community. Through visionary leadership and top-notch software solutions, ISU Corp has grown to become a staple in Kitchener Waterloo, serving as a go-to partner for businesses seeking advanced software solutions and AI integration. As the demand for custom software and AI consulting grows, ISU Corp's expertise will remain in high demand, further solidifying its position as a key player in KW's tech sector.

3. Igloo

Igloo is a software company in KW that has gained recognition for its innovative digital workplace collaboration solutions. With a user-friendly interface and powerful features, Igloo's platform has transformed how teams communicate and work together efficiently, regardless of their physical locations.

Igloo Software, a Canadian software company founded in 2008, has become a significant contributor to Kitchener-Waterloo's thriving tech culture. Specializing in digital workplace collaboration solutions, Igloo empowers organizations to create a more connected and collaborative work environment. Through its innovative platform, Igloo has revolutionized how teams communicate and collaborate, fostering enhanced productivity and knowledge-sharing among employees.

As Igloo Software continues to lead the way in digital workplace collaboration, its innovative solutions and positive impact continue to contribute significantly to the growth and success of Kitchener-Waterloo's dynamic tech ecosystem.

4. Desire2Learn (D2L)

Desire2Learn (D2L), a pillar in the edtech industry, is an integral part of Kitchener Waterloo's rich software landscape. The company was founded in 1999 by John Baker, and the idea for D2L came to him when he was in his third year at the University of Waterloo.

Renowned as a leader in remote education, D2L's contributions to the region and the broader education industry are impressive. Long before the pandemic made remote learning a necessity, D2L was already pioneering online education solutions, making it possible for students across Canada to access quality education from the comfort of their homes.

During the 2019 pandemic, D2L's expertise simplified the transition of education for students in the Waterloo Region District School Board and beyond. With their user-friendly and innovative platform, D2L empowered educators and students to adapt to the new normal of virtual classrooms, ensuring uninterrupted learning opportunities through the confusion and stress that the pandemic caused.

D2L's pioneering role in the edtech sector remains a testament to the region's commitment to innovation and progress. With its dedication to supporting educators and learners in the ever-evolving world of education, D2L's positive influence will undoubtedly continue to shape the future of learning, not just in the region but globally.

5. BlackBerry

Of course, no list of Kitchener Waterloo software companies would be complete without the iconic organization that brought us the Blackberry phone.

Once at the forefront of the mobile phone revolution, BlackBerry brought all eyes to Waterloo for innovation in technology. Although it seems like ancient history now, the world before Apple’s iPhone was dominated by Blackberries; they were seen as a status symbol and were popular among businessmen and women, allowing them to answer emails, send private encrypted messages through Blackberry Messenger at a fraction of the cost of texting, and connecting people all over the planet to the World Wide Web right from their back pocket. Recently, the story of the BlackBerry was made into a feature-length film highlighting recognizable spots in Waterloo, further adding to the notoriety of the region.

This incredible development in mobile phones brought jobs, technology, and status to the region of Waterloo, and while it didn’t last, gave Waterloo the momentum it needed to become the technology triangle it is today.

While BlackBerry’s reign as a mobile phone pioneer may have ended, its enduring legacy and ongoing success in cybersecurity serve as a testament to the company's resilience and adaptability. As Kitchener Waterloo continues to grow as a technology hotspot, BlackBerry’s pivotal role in shaping its trajectory remains a proud part of the region's history and technological culture.

6. Float

Float, another prominent software company in Kitchener-Waterloo, has made substantial contributions to the region's technology landscape. Founded with a vision to empower businesses with cutting-edge contactless payment solutions, Float Card has played a significant role in transforming how transactions are conducted in today's digital age. By offering innovative and secure payment options, Float has not only transformed the way customers make purchases but has also bolstered KW's reputation as a hub for groundbreaking financial technology.

The platform facilitates secure transactions, ensuring customer data is protected while enabling businesses to operate efficiently and offer a frictionless payment experience. By embracing the latest advancements in financial technology, Float has become an essential partner for businesses seeking to stay ahead in the fast-paced world of digital payments. With its focus on innovation, commitment to excellence, and positive impact on the local community, Float continues to be a driving force behind KW's flourishing tech culture.

7. Shopify

Shopify is a renowned Canadian e-commerce company that has left an indelible mark on the global online retail landscape. Founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake, the company has its headquarters in Ottawa, Ontario. What started as an online snowboard store called "Snowdevil" evolved into Shopify, a platform that empowers businesses of all sizes to set up and manage their own online stores with ease.

The company's platform provides a user-friendly and customizable interface that enables merchants to design, launch, and manage their e-commerce websites without requiring extensive technical knowledge. Shopify's success lies in its simplicity and flexibility, catering to the needs of individual entrepreneurs, small businesses, and large enterprises alike.

Shopify's significant contribution extends beyond just its e-commerce platform. The company's success has been instrumental in fostering a culture of entrepreneurship and innovation in the Waterloo region. It has attracted top talent, both locally and globally, to work on revolutionary e-commerce solutions. As a result, the company has played a key role in establishing Waterloo as a tech hub with a growing reputation for fostering successful startups and technology-driven enterprises.

The Takeaway

To wrap things up, Kitchener-Waterloo has undeniably emerged as Canada's fastest-growing technology hotspot thanks to the collective efforts of many influential players. The pivotal role of the University of Waterloo in attracting world-class technology companies and fostering a culture of innovation cannot be understated. This synergy between academia and industry has put Kitchener-Waterloo on the map beyond Canadian borders, establishing it as a thriving hub of technological advancement and entrepreneurship. Together, these top software companies have not only driven economic growth and technological advancement in the region but also showcased the potential of Canadian innovation on the global stage.

Written by Natalie Mansilla

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ISU Corp is an award-winning software development company, with over 17 years of experience in multiple industries, providing cost-effective custom software development, technology management, and IT outsourcing.

Our unique owner’s mindset reduces development costs and fast-tracks timelines. We help craft the specifications of your project based on your company's needs, to produce the best ROI. Find out why startups, all the way to Fortune 500 companies like General Electric, Heinz, and many others have trusted us with their projects.  Contact us here.