Activate, the company pioneering active gaming experiences, has earned a place on The Globe and Mail's prestigious list of Canada's Top Growing Companies for 2024. This recognition highlights Activate's exceptional growth and innovative approach to combining physical activity with immersive gaming technology. The Globe and Mail's Report on Business compiles the annual ranking based on three-year revenue growth, with Activate achieving an impressive 1105% growth rate during the evaluation period.
The company's rapid expansion is evident in its current footprint, with over 50 locations now open or under lease across North America, plus 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 represents an incredible milestone for the company. He credited this success to the dedication of the company's team, player enthusiasm, and Activate's commitment to innovation in the entertainment industry.
Activate's business model revolutionizes gaming by incorporating physical activity into tech-driven challenges. Each location offers dynamic gaming environments where players collaborate or compete in interactive games that blend movement with cutting-edge technology across multiple gaming rooms. This unique approach has captivated global audiences, contributing significantly to the company's rapid growth and market expansion. The company's ambitious growth strategy includes launching 40 new locations by the end of 2025, with plans to add another 70 stores across 10 countries within the next five to ten years.
Beyond financial metrics, Activate's success is reflected in its growing community of 2.7 million players worldwide, demonstrating strong market acceptance for its active gaming concept. This substantial user base provides a solid foundation for continued expansion and innovation in gaming and entertainment sectors. The recognition from The Globe and Mail validates Activate's disruptive impact on traditional gaming and entertainment industries by successfully merging physical activity with digital gaming.
This innovative approach addresses growing concerns about sedentary lifestyles associated with conventional video gaming while setting new industry standards and promoting healthier entertainment options. As Activate continues expanding globally, it remains committed to pushing entertainment boundaries and bringing its unique active gaming experience to new audiences. For those interested in learning more about Activate's innovative gaming experiences or exploring upcoming locations, information is available at playactivate.com. The company's continued growth and recognition serve as an inspiring example of how innovative entertainment concepts can achieve significant business success while positively impacting consumer lifestyles.
