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While it’s proximity to the slumping oilsands has caused some economic pain in Edmonton, plenty of innovative businesses continue to thrive in and around Alberta’s capital. Need proof? Look no further than the city’s epresentatives on the the 2016 PROFIT 500 ranking of Canada’s Fastest-Growing Companies. (The city also took the No. 2 spot on our 2016 ranking of Canada’s Best Places for Business).

The 19 firms headquartered in the Edmonton Capital Regional that made this year’s ranking grew their revenues an average of 930% between 2010 and 2015, creating an additional 706 full-time equivalent (FTE) jobs over that period. Collectively they employed 1,139 full-time and 114 part-time employees in 2015.

Here is the complete list of Edmonton’s Fastest Growing Companies for 2016.

1. RMS Builders

PROFIT 500: No. 2
Head Office: Edmonton, Alta.
Growth (2010–2015): 12,036%
Revenue (2015): $20–50 million
Employees (2015, full-time equivalent): 37

What it does: Builds industrial, commercial and multi-family residential structures

2. Raintree Financial Solutions

PROFIT 500: No. 61
Head Office: Edmonton, Alta.
Growth (2010–2015): 1,233%
Revenue (2015): $10–20 million
Employees (2015, full-time equivalent): 20

What it does: Packages and sells private-market alternative investments

3. DevFacto Technologies

PROFIT 500: No. 103
Head Office: Edmonton, Alta.
Growth (2010–2015): 684%
Revenue (2015): $10–20 million
Employees (2015, full-time equivalent): 94

What it does: Provides software-consulting services to energy, transportation, health-care and government clients

4. KV Capital

PROFIT 500: No. 127
Head Office: Edmonton, Alta.
Growth (2010–2015): 591%
Revenue (2015): $2–5 million
Employees (2015, full-time equivalent): 13

What it does: Offers short-term financing to businesses

5. Kanvi Homes

PROFIT 500: No. 175
Head Office: Edmonton, Alta.
Growth (2010–2015): 343%
Revenue (2015): $20–50 million
Employees (2015, full-time equivalent): 32

What it does: Builds high-end single-family homes

6. Ontracks Consulting

PROFIT 500: No. 177
Head Office: Edmonton, Alta.
Growth (2010–2015): 339%
Revenue (2015): $10–20 million
Employees (2015, full-time equivalent): 51

What it does: Provides software-implementation services and operations consulting

7. Gateway Trailer Repairs

PROFIT 500: No. 184
Head Office: Edmonton, Alta.
Growth (2010–2015): 328%
Revenue (2015): $10–20 million
Employees (2015, full-time equivalent): 106

What it does: Provides maintenance services for the Canadian trucking industry

8. LawDepot.com

PROFIT 500: No. 200
Head Office: Edmonton, Alta.
Growth (2010–2015): 286%
Revenue (2015): $10–20 million
Employees (2015, full-time equivalent): 48

What it does: Publishes online do-it-yourself legal documents

9. Arrow Engineering

PROFIT 500: No. 215
Head Office: Edmonton, Alta.
Growth (2010–2015): 260%
Revenue (2015): $10–20 million
Employees (2015, full-time equivalent): 80

What it does: Delivers mechanical, electrical, structural and civil engineering consulting services to clients in the building industry

10. Silver Creek Software

PROFIT 500: No. 217
Head Office: Edmonton, Alta.
Growth (2010–2015): 259%
Revenue (2015): $2–5 million
Employees (2015, full-time equivalent): 34

What it does: Develops custom data-collection-and-analysis software

• • • • •

Other fast-growing companies from the Edmonton Capital Region on the 2016 PROFIT 500:

11. Rebel Heart Water Hauling (No. 226); 12. Next Digital (No. 273); 13. Connect Control Systems (No. 306); 14. ONEC Group (No. 315); 15. Weiss-Johnson Sheet Metal (No. 342); 16. Barricades and Signs (No. 392); 17. Liberty Security (No. 439); 18. Ecopest (No. 478); 19. Yardstick Software (No. 497).

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