Activate Recognized Among Canada's Top Growing Companies with 1105% Revenue Growth

Activate, the company pioneering active gaming experiences, has earned a distinguished position on The Globe and Mail's prestigious list of Canada's Top Growing Companies for 2024. This recognition highlights Activate's exceptional growth trajectory and its innovative approach to merging physical activity with immersive gaming technology. The company achieved a remarkable 1105% growth rate during the three-year evaluation period used by The Globe and Mail's Report on Business to compile the annual ranking.

This substantial growth is reflected in Activate's rapid expansion across multiple continents. The company now operates over 50 locations either open or under lease throughout North America, with additional international presence established 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 represents an incredible milestone for the organization. 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 centers on revolutionizing the gaming experience by incorporating physical activity into tech-driven challenges. Each location provides 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 significantly to the company's rapid growth and market expansion. The company has fostered a global community of 2.7 million players, indicating strong market acceptance and enthusiasm for its active gaming concept.

The company's expansion strategy remains ambitious, with plans to launch 40 new locations by the end of 2025. Looking further ahead, Activate intends to add another 70 stores across 10 countries within the next five to ten years. This growth strategy is designed to capitalize on the increasing demand for innovative entertainment experiences that promote physical activity. For those interested in learning more about Activate's innovative gaming experiences or exploring upcoming locations, information is available at https://playactivate.com.

Activate's recognition from The Globe and Mail serves as validation of the company's disruptive impact on traditional gaming and entertainment industries. By successfully merging physical activity with digital gaming, Activate addresses growing concerns about sedentary lifestyles associated with conventional video gaming. This innovative approach not only establishes new industry standards but also promotes healthier entertainment options for consumers. As Activate continues to expand its global reach, the company remains committed to pushing the boundaries of entertainment and bringing its unique active gaming experience to new audiences worldwide.