Activate Secures Spot on Canada's Top Growing Companies List with 1105% Revenue Growth

Activate, the company behind the world's first active gaming experience, has secured a place on The Globe and Mail's prestigious list of Canada's Top Growing Companies for 2024. This recognition underscores Activate's exceptional growth and its innovative approach to blending physical activity with immersive gaming technology. The Globe and Mail's Report on Business compiles the annual list of Canada's Top Growing Companies based on three-year revenue growth. Activate's inclusion on this list comes as a result of its remarkable 1105% growth rate during the evaluation period.

This growth is reflected in the company's rapid expansion, with over 50 locations now open or under lease across North America, as well as international presence in Europe and the Middle East. Adam Schmidt, co-founder and CEO of Activate, expressed pride in this achievement, stating that being recognized as one of Canada's top growing companies is an incredible milestone for Activate. He attributed this success to the dedication of the company's team, the enthusiasm of its players, and Activate's commitment to innovation in the entertainment industry.

Activate's business model revolves around revolutionizing the gaming experience by incorporating physical activity into tech-driven challenges. Each Activate location offers a dynamic gaming environment where players can collaborate or compete in interactive games that combine movement with cutting-edge technology across multiple gaming rooms. This unique approach has captivated audiences globally, contributing to the company's rapid growth and market expansion. The company's growth trajectory shows no signs of slowing down, with ambitious expansion plans aiming to launch 40 new locations by the end of 2025.

Looking further ahead, the company plans to add another 70 stores across 10 countries within the next five to ten years. This expansion strategy is designed to capitalize on the growing demand for innovative entertainment experiences that promote physical activity. Activate's success is not just measured in financial terms but also in its growing community of players. The company has fostered a global community of 2.7 million players, indicating strong market acceptance and enthusiasm for its active gaming concept.

The recognition from The Globe and Mail serves as a testament to Activate's disruptive impact on the traditional gaming and entertainment industries. By successfully merging physical activity with digital gaming, Activate is addressing the growing concern over sedentary lifestyles associated with conventional video gaming. This innovative approach not only sets new standards for the industry but also promotes healthier entertainment options for consumers. For those interested in learning more about Activate's innovative gaming experiences or exploring upcoming locations, information is available at playactivate.com.