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A month-long competition rewarding standout financial forecasting by founders.
This one rewards the best operators.
With the No-Pitch Competition, there’s no stage, no deck, and no rehearsed speeches—just the numbers prove whether a startup is built to scale.
We're giving one startup $10,000 in cash for having the strongest financial model, not the flashiest pitch. Using Profitual’s AI-driven forecast evaluator, we analyzed submissions from startups across Canada against investor-grade benchmarks to determine who the top operators are.
And we have a winner for the May 2025 competition.
Read on to learn about what these companies are up to, and who is looking to secure investment.
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Cashew Research
Calgary, AB
NDITIVE
Technologies
St. John's, NFLD
Dispension
Dartmouth, NS
Aeon Blue
Sydney, NS
AI-First Consulting
Halifax, NS
Carbon Utilized
Oshawa, ON
Parados Cerebral
Solutions
Fredericton, NB
Figiúra
Bowmanville, ON
CandidateHub
Riverview, NB
Midterm Rental Properties
Hamilton, ON
VIBRAINT Inc.
Richmond, ON
VLVT
Westmount, QC
Transpots
Mississauga, ON
Serenity Vet
Saint John, NB
Aceunlock AI
Milton, ON
Weevva Systems
Paradise, NFLD
Vaultie
Toronto, ON
AssetsWaves Technologies
Montreal, QC
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Lumina
Toronto, ON
Hyivy Health
Kitchener, ON
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We would love to answer any questions you have about Profitual.
Headquarters: Businesses must be based in Canada
Revenue: Ideal applicants are generating less than $1M in Annual Recurring Revenue today. Pre-revenue companies are welcomed to apply.
The No-Pitch competition is open to businesses operating in all sectors.
The benchmarks that power our evaluation model are derived from thousands of startup financial model data points across a wide variety of sectors.
Forecast models are first evaluated by our secure, privately owned AI model that has been trained on thousands of startup financial model data points.
Evaluation is then audited by a team of early-stage accountants and venture capitalists with over 2 decades of combined experience.
Forecasts are evaluated against three primary sets of criteria:
1. VC Grade - Does the model show an investable business?
2. Comprehensive - How complete is the financial forecast?
3. Accuracy - How correct are your calculations and assumptions?
Discover the power of Profitual: Get the funding you need, and take control of your financial story.
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