TORONTO, ON — September 25, 2026 — HONK, North America’s leading provider of contactless payments for parking and mobility, today announced it has ranked in the top third of The Globe and Mail’s 2026 Report on Business list of Canada’s Top Growing Companies. Placing No. 125 among 376 recognized nationwide businesses in the Technology and Telecom category, HONK earned its spot based on a three-year revenue growth of 215% from 2022 to 2025.
“Building category-defining technology requires a team that is fiercely committed to execution,” said Michael Back, Founder and CEO of HONK. “Sustaining top-tier growth for seven consecutive years is a direct result of our people — we’ve built a fast-moving, high-agency team that cares deeply about solving real-world problems. From day one, our mission has been simple: make parking easier for operators and drivers, and our sustained growth shows we’re doing just that.”
Earning a placement on this list for seven straight years highlights the strong and sustained demand for HONK’s technology across both the public and private sectors. As higher education institutions, municipalities, commercial real estate owners, and private parking operators shift away from hardware and complex systems, HONK continues to lead the industry transition toward simple, software-based solutions.
Canada’s Top Growing Companies is an editorial ranking launched in 2019 to celebrate the achievements of Canada’s most ambitious businesses. To qualify, companies complete an in-depth application process and meet specific revenue-growth requirements.
The full list of 2026 winners along with editorial coverage is published in the October issue of Report on Business magazine.
About The Globe and Mail
The Globe and Mail is Canada’s foremost news media company, leading the national discussion and driving policy change through independent journalism since 1844. With award-winning coverage of business, politics, and national affairs, The Globe and Mail reaches 6.1 million readers every week across print and digital platforms, and Report on Business magazine reaches 2.7 million readers each issue.
About HONK
Founded in 2013, HONK is North America’s leading provider of mobile-first, unattended payments for parking and mobility. HONK provides a complete, asset-light parking management system that is trusted by millions of drivers and accepted at thousands of locations across the United States and Canada. The platform delivers seamless transaction and management solutions for operators across higher education, commercial real estate, and municipalities.
