Global fintech and funding innovation ecosystem

Elevate Acquires CIX, Boosting Canada’s Startup Scene

Release | Sep 27, 2023

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Elevate's Acquisition of CIX is A Testament to Canada's Flourishing Startup Ecosystem

Canada's startup landscape has always been a vibrant tapestry of innovation, ambition, and collaboration. At the heart of this ecosystem, organizations like the Canadian Innovation Exchange (CIX) have played pivotal roles in spotlighting the nation's most promising startups and bridging the gap between innovators and investors. As a long-time community partner and admirer of CIX, the National Crowdfunding & Fintech Association of Canada (NCFA) is thrilled about this acquisition announcement.

NCFA & CIX: A Journey Together

Over the years, NCFA has had the privilege of walking alongside CIX, celebrating its successes, and learning from its vast experiences. Our partnership has been rooted in mutual respect and a shared passion for fostering innovation in Canada. We've watched CIX grow, evolve, and transform into Canada's largest startup awards program and investment conference. Their annual curation program has consistently showcased the crème de la crème of Canadian startups, attracting attention from North American VCs, corporates, and private equity investors.

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Both Elevate and CIX have been champions of innovation, tirelessly working to provide startups and scaleups across Canada with the resources, platforms, and opportunities they need to thrive. This acquisition promises to amplify the efforts of both organizations, creating a synergy that will undoubtedly benefit the entire Canadian startup ecosystem.

Lauren (Prev Linton) Crerar, Executive Director, CIX:

I am thrilled that CIX is joining Elevate.  This acquisition creates a powerful synergy of shared values and vision for propelling Canada’s top startups to new heights. I look forward to working with Lisa and the amazing Elevate team.

The Road Ahead

With Elevate at the helm, the future of CIX looks brighter than ever. Elevate's reputation as a hub for world-class innovators, combined with CIX's legacy, promises a future filled with more opportunities, collaborations, and success stories. As Elevate CEO Lisa Zarzeczny aptly put it, this acquisition will strengthen the tech ecosystem's engagement throughout the year, further supporting startups and scaleups from coast to coast.

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For NCFA, this development reiterates our commitment to the Canadian fintech and funding communities. We will continue to support, collaborate, and grow alongside our partners, ensuring that Canada remains at the forefront of global innovation.

The 17th annual CIX Summit will take place March 26 & 27 at The Design Exchange

NCFA Jan 2018 resize - Elevate Acquires CIX, Boosting Canada's Startup SceneThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit:

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