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Creative Destruction Lab (CDL) is a nonprofit organization that delivers an objectives-based program for massively scalable, seed-stage, science- and technology-based companies. CDL’s mission is to enhance the commercialization of science for the betterment of humankind. The nine-month program employs an objectives-based mentoring process to enhance the performance of technical founders who learn from the insights of experienced entrepreneurs, with the goal of maximizing equity-value creation. The program combines 5 elements to help companies transition from science projects to scalable and financeable companies: - An emphasis on objective-setting, helping companies focus on what’s most important to their business - Focused mentorship from experienced entrepreneurs who have founded, led, and sold significant tech companies - Technical advice from world-leading scientists, engineers, and economists - Hands-on support from top business students, who embed within the company to provide business support - Opportunities to raise capital, including angels and VCs from Europe and North America Founded by Professor Ajay Agrawal in 2012 at the University of Toronto’s Rotman School of Management, the program has expanded to 13 sites across seven countries: Oxford, Seattle, Paris, Atlanta, Madison, Vancouver, Calgary, Montreal, Halifax, Berlin, Estonia, and Melbourne. The successful commercialization of cutting-edge science and technology achieved through the program has led to the creation of over CAD $32 billion in equity value.

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Website http://www.creativedestructionlab.com/
Revenue $64 million
Funding $4 million
Employees 720 (303 on RocketReach)
Founded 2012
Address Rotman School of Management University of Toronto 105 St. George St, Toronto, Ontario M5S 3E6, CA
Phone (416) 946-8374
Technologies
Industry Venture Capital and Private Equity Principals, Management Consulting, Advice, Business Services, Media and Entertainment, Angel Investment, Financial Services, Lending and Investments, Finance, Quantum Computing, Science and Engineering, Venture Capital
Web Rank 688687
Web Visits 60760
Keywords Creative Destruction Lab, Creative Destruction Labs, Cdl, Creative Destruvtive Labs, Dennis Pilarinos
Competitors Capital Factory, Cleantech Open, Flashstarts, Inc., Techstars, Uptech
SIC SIC Code 87 Companies, SIC Code 874 Companies
NAICS NAICS Code 8134 Companies, NAICS Code 813 Companies, NAICS Code 81 Companies, NAICS Code 54 Companies, NAICS Code 541 Companies

Creative Destruction Lab Questions

The Creative Destruction Lab annual revenue was $64 million in 2024.

303 people are employed at Creative Destruction Lab.

Creative Destruction Lab is based in Toronto, Ontario.

The NAICS codes for Creative Destruction Lab are [8134, 813, 81, 54, 541].

The SIC codes for Creative Destruction Lab are [87, 874].

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