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Startup Salaries and Equities in Toronto 2024

What is the average startup salary in Toronto? The average expected salary for Toronto-based startups is 95 per year, with a range from 55k to 225k. These amounts were gathered from Wellfound self-reported data and represent the median salary range. The startup salary range in Toronto varies depending on factors such as industry, experience, skills, and startup stage.

94.5k

Average Salary

3 years

Average years of experience

Hiring data hero image

Salary

By quarter
The average startup salary in Toronto is $94,500, which is 6.8% lower than the average startup salary of $101,417. Salaries in Toronto are based on exclusive Wellfound data. All data is updated on a weekly basis. Factors that may influence salary include: role, years of experience, title, size of company, skill-set, and industry.

Top of market

$170,417/yr

Range $140k - $225k

Average

$94,500/yr

Range $80k - $112k

Below Average

$66,000/yr

Range $55k - $77k


Industries

The highest average salary in Toronto employee can get in Cloud Data Services, that is $230,000. This pay is 31.7% higher than the average Toronto salary in startups, which is $174,700. The highest-paying industries in 2023 are: Cloud Data Services (avg $230,000 per year), Cyber Security (avg $187,000 per year), Venture Capital (avg $185,000 per year).

Tech Stack

The highest average salary in Toronto employees can get with C++, that is $165,000. This pay is 62.7% higher than the average salary in startups, which is $101,417. Salary range for specific skills will vary based on the supply and demand in the current market.
The top-paying developer skills in Toronto of 2024 are:
  • 1. C++

    $165k

  • 2. Java

    $165k

  • 3. Docker

    $150k

  • 4. PostgreSQL

    $130k

  • 5. AWS

    $125k

  • 6. Ruby on Rails

    $125k

  • 7. TypeScript

    $125k

  • 8. Django

    $120k

  • 9. Javascript

    $120k

  • 10. GraphQL

    $110k


Years of experience

Below Average

Average

Top of Market

The highest average salary in Toronto employee can get with 10+ years of experience, that is $160,000. This pay is 57.8% higher than the average salary in Toronto startups, which is $101,417. The salary range varies with years of experience and depends on other factors such as skill set, size of company, and industry.