What OneEleven does

OneEleven is a Toronto-based, non-profit innovation hub and accelerator founded in 2013 that operates as an initiative led by the Ontario Centre of Innovation, a provincial government entity. It serves post-seed, venture-backed technology companies with a proven track record, providing a 55,000 square foot turnkey workspace facility at 325 Front Street West alongside a curated peer community of approximately 37 current member companies and 111+ alumni including Wealthsimple, Clio, 1Password, Koho, Borrowell, and Jobber. The organization's core differentiation is a first-of-its-kind-in-Canada curriculum-based talent upskilling program for emerging leaders at scaling companies, developed with Venture for Canada, alongside investor showcases, masterclasses, mentorship, and programming delivered in partnership with entities such as SVB, RBCx, Microsoft for Startups, and Loblaw Technology & Analytics.

The core product surface consists of three interlocking offerings: (1) physical workspace and event facilities (24/7 office space, event spaces for up to 320 people, and small offices for 4-22 people), (2) the Talent Upskilling Curriculum targeting managers transitioning from individual contributors to people leaders, and (3) curated programming including quarterly investor showcases, masterclasses, and a vetted peer network. Member companies gain access to financial partners (RBCx for venture debt, SVB for banking), enterprise customers (Loblaw Technology & Analytics), and technology resources (Microsoft for Startups). Alumni companies have collectively raised over USD $2 billion in funding, with current members raising an additional CAD $171M+ in follow-on capital since the October 2020 reopening.

OneEleven generates revenue primarily through recurring membership fees from its approximately 37 post-seed member companies, supplemented by partner/sponsor contributions from financial and corporate partners. Pricing is not publicly disclosed. The organization has a small operating team of 1-10 employees led by Managing Director Manny Kalia (appointed October 2025, succeeding Matthew Lombardi). After a temporary COVID-19 shutdown in spring 2020, OneEleven reopened in October 2020 with a strategic pivot toward the talent upskilling curriculum, which remains its primary differentiation versus competing accelerator models. The organization's geographic footprint is intentionally restricted to a single Toronto location with a Canadian presence requirement (at least one founder in Toronto) for membership eligibility.

Name

OneEleven

Legal name

Ontario Centre of Innovation

Website

https://oneeleven.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

OneEleven is a Toronto-based non-profit innovation hub and accelerator, operated under the Ontario Centre of Innovation, providing curated workspace, a vetted peer community, and talent upskilling programming for approximately 37 post-seed venture-backed tech companies.

Ownership category

akta.pro rank

Product category

Startup Accelerator / Innovation Hub

NAICS

Employment Placement Agencies (561311), Other Computer Related Services (541519)

SIC

Services-Management Consulting Services (8742), Services-Employment Agencies (7361)

akta.pro primary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

akta.pro secondary industries

Corporate Accelerators & Startup Programs (FSANAHAD), Business Planning, Pitching & Competitions (Pitch Decks, Demo Days) (EDAMAHAB)

Keywords

• Tech accelerator hub
• Startup community workspace
• Talent upskilling programs
• Scaleup investor showcases
• Membership accelerator services

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Others, Infrastructure

Revenue model

1. Membership Fees: OneEleven generates revenue through membership fees from post-seed tech companies that join the accelerator. Membership provides access to workspace, community, programming, and partner resources.

Go-to-market motion3 records

Distribution channels1 record

Marketing channels4 records

Core offering

OneEleven operates a curated membership-based tech accelerator and innovation hub out of a 55,000 square foot facility in downtown Toronto. It provides vetted post-seed venture-backed companies with turnkey workspace, a peer network of elite founders, talent upskilling curriculum for emerging leaders, investor showcases, masterclasses, and on-demand partner services designed to help members scale 5x-10x within 18-24 months.

Product overview

OneEleven is Canada’s leading tech hub for post-seed venture-backed companies, offering a physical workspace community in downtown Toronto combined with a curriculum-based talent upskilling program. The core offering includes 55,000 square feet of turnkey office facilities, a highly-curated peer network of vetted member companies, bespoke programming and masterclasses, quarterly investor showcases, and mentorship programs. The centerpiece of their differentiated value proposition is a first-of-its-kind-in-Canada talent development curriculum focused on upskilling emerging people managers at member companies. OneEleven also hosts member companies that have developed their own products including AI-powered collaboration software (TRIYO), mentorship platforms (Together Software), and commercial real estate underwriting platforms (Clik.ai).

Differentiator

Problem solved

Functional benefit

Products and services

• OneEleven Community & Workspace Membership

Quantifiable outcome

• Alumni companies have raised USD $2 billion+ in collective funding
• +2 more outcomes

Named customers11 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Loblaw Technology & AnalyticscoreStrategic or Co-development Partner · 30 April 2024OneEleven continues its relationship with Loblaw Technology & Analytics to drive innovation in Canadian tech. The partnership supports the broader tech ecosystem by connecting OneEleven member companies with corporate innovation opportunities.
• HockeystickminorStrategic or Co-development PartnerOneEleven partnered with Hockeystick to release the GTA Tech Ecosystem Report. The partnership provides unique data insights on Toronto's tech ecosystem, with quarterly reports featuring profiles of specific Toronto verticals and breaking down funding and investor activity.
• Microsoft for StartupscoreStrategic or Co-development PartnerMicrosoft for Startups partnered with OneEleven to support scaleup companies with technology resources and cloud services. The partnership helps member companies access Microsoft's startup programs and technical resources.
• TechnationcoreStrategic or Co-development PartnerTechnation is an industry group that has appointed new leadership in conjunction with OneEleven's leadership transition. Technation and OneEleven maintain a collaborative relationship in supporting Canada's tech ecosystem.
• Venture for CanadacoreStrategic or Co-development PartnerOneEleven partnered with Venture for Canada to design and deliver talent upskilling curriculum for emerging leaders at member companies. Venture for Canada provided research showing only 6% of global accelerators focus on non-founder/manager support, identifying the market opportunity.
• CEOlabsminorStrategic or Co-development PartnerCEOlabs partnered with OneEleven to contribute content on priority setting and leadership development. Their Inward Outward Balance framework is featured in OneEleven programming.
• Long Story ShortminorStrategic or Co-development PartnerLong Story Short, a full-service marketing and advertising agency, contributed content to OneEleven's masterclass programming on topics including internal branding, marketing team structuring, and brand misconceptions.
• Linky ProductminorStrategic or Co-development PartnerLinky Product, a product management consulting firm, contributed content to OneEleven on product management topics including feature evaluation and the role of product managers.
• Executive CorecoreStrategic or Co-development PartnerExecutive Core partnered with OneEleven to deliver the Leadership Sprint program, teaching emerging leaders to balance competing priorities through a 'both/and' approach. Executive Core specializes in Executive Coaching, Executive Assessment, Team Assessment, and Onboarding Strategy.
• APOLLO InsuranceminorStrategic or Co-development PartnerAPOLLO Insurance partnered with OneEleven to offer exclusive business insurance plans to member companies, including technology E&O insurance, general liability, contents insurance, and cyber security coverage.
• CDW CanadaminorStrategic or Co-development PartnerCDW Canada partnered with OneEleven to empower local startups through technology resources and solutions.
• Ontario Centre of InnovationcoreStrategic or Co-development PartnerOneEleven is an initiative led by the Ontario Centre of Innovation, providing strategic oversight and connection to Ontario's innovation ecosystem.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Communitech: Waterloo, Ontario-based tech hub supporting Canadian startups and scaleups with workspace, programming, and corporate connections. Highly comparable as another Canadian non-profit tech hub serving a similar member profile and corporate partner ecosystem.
• MaRS Discovery District: Toronto-based innovation hub supporting science and tech ventures with programming, advisory, and capital connections. Comparable as a Toronto-headquartered non-profit hub serving scaling Canadian tech companies, with overlapping corporate partner base.
• DMZ (Toronto Metropolitan University): Toronto-based startup accelerator operated by Toronto Metropolitan University, providing workspace, mentorship, and investor connections to early-stage tech companies. Direct competitor for Toronto-based post-seed companies and partner-driven programming.
• Creative Destruction Lab: Toronto-based (with global satellites) seed-stage accelerator for massively scalable science and technology ventures. Comparable as a Canadian accelerator serving venture-backed founders with structured programming and investor showcases.
• Innovation Factory: Hamilton, Ontario-based tech accelerator providing programming, mentorship, and workspace to scaling tech companies. Comparable as an Ontario tech hub with a similar mission of supporting regional tech scaleup ecosystems.
• 1871: Chicago-based non-profit tech hub and coworking space supporting Chicago's tech ecosystem with programming, corporate partnerships, and curated community. Closest US analogue to OneEleven's model of curated tech community + corporate partner programming.
• Cambridge Innovation Center (CIC): Global innovation hub operator providing coworking, programming, and venture services to startups and innovation teams. Comparable as a workspace-plus-programming model serving scaling tech companies across multiple cities.

Broad incumbents

• Techstars: Global accelerator network with hundreds of programs worldwide. Comparable in mission and accelerator model but operates at much larger scale and geographic breadth, and is investor-backed (rather than non-profit).
• Y Combinator: The largest and most prestigious global startup accelerator. Comparable in accelerator function and venture-backed target segment, but operates at significantly larger scale with equity-based model that OneEleven does not pursue.

Others

• Creative Mornings: Global community and events platform for the creative/tech community. Comparable only in the event-driven community engagement function; not a direct competitor for member-based accelerator services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/oneeleven_111
• LinkedInlinkedin.com/company/oneeleven-111

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OneEleven