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EMERGE Commerce

EMERGE Commerce (TSXV: ECOM) is a Toronto acquirer and operator of profitable e-commerce brands. Founded in 2016 by Ghassan Halazon, it runs truLOCAL meat subscriptions, a golf portfolio of UnderPar, JustGolfStuff and Tee 2 Green, and referral platform Viral Loops. Revenue reached $27.7M in 2025, up 43%.

E-commerceTorontoFounded 2016emerge-commerce.com
$27.7M2025 revenue, up 43% year over yearEMERGE FY2025 audited results, 2026-04-29
$1.5M2025 adjusted EBITDA, a $1.9M swing from 2024; $2.8M cash flow from operationsEMERGE FY2025 audited results, 2026-04-29
193%rise in new truLOCAL subscribers after the Buy Canadian surge began that FebruaryTechTO stage 2025-05-13

The people

What they build

truLOCALCanadian meat and seafood subscription — EMERGE's flagship brand and more than half of revenueProduct page ↗
UnderParDiscounted golf experiences and tee timesProduct page ↗
JustGolfStuffDiscounted golf apparel and equipmentProduct page ↗
Tee 2 GreenDiscount golf apparel and equipment, founded 1987 and acquired by EMERGE in April 2025; two Ontario retail stores plus the NORTHERN SPIRIT private label
Viral LoopsReferral marketing platform for international clients — EMERGE's B2B segment, acquired in early 2026

Open roles via the TechTO Job Board

Working at EMERGE Commerce

Browse open roles across the community on the TechTO Job Board — Canada’s most connected tech network. EMERGE Commerce’s roles show up here whenever they post.

Open roles on the TechTO Job Board ↗Or their own careers page: emerge-commerce.com/careers ↗

Jobs live on jobs.techto.org — the only structured source. We link to it rather than scraping career sites, so the board is always the source of truth.

On the TechTO stage

Every talk is searchable — ask the archive about EMERGE Commerce

About

Founded in 2016 and public on the TSX Venture Exchange since December 2020, EMERGE bought a wide portfolio of e-commerce brands — taking on debt to buy at the 2020 pandemic peak. When interest rates rose and demand fell, most of its e-commerce-aggregator cohort went bankrupt or restructured. EMERGE sold its non-core businesses, including a pet brand sold to Tiny, and cut debt. Halazon called the result the '2.0' model on the TechTO stage in May 2025: fewer, bigger, more compelling opportunities, concentrated in grocery and golf. In 2025 revenue grew 43% to $27.7M with $1.5M of adjusted EBITDA — a $1.9M swing from the year before. EMERGE opened 2026 by acquiring Viral Loops, a referral marketing platform, adding a B2B segment.

Backers

Public company (TSXV: ECOM), listed on the TSX Venture Exchange in December 2020. EMERGE funded acquisitions largely with debt through the 2020-21 e-commerce peak, then paid it down; Halazon has described the debt load and cleanup on stage and in his January 2026 shareholder letter. The private cap table before the 2020 listing is not confirmed here.

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Quick answers

What does EMERGE Commerce do?

It buys and operates profitable e-commerce brands across two consumer verticals — grocery (truLOCAL) and golf (UnderPar, JustGolfStuff, Tee 2 Green) — plus a B2B referral marketing platform, Viral Loops. It is public on the TSX Venture Exchange as ECOM.

Who founded EMERGE Commerce?

Ghassan Halazon, in 2016, after his previous daily deal business collapsed. He is still founder, president and CEO.

How big is EMERGE Commerce?

Revenue was $27.7M in 2025, up 43%, with $1.5M of adjusted EBITDA and $2.8M of cash flow from operations. truLOCAL is the largest brand, contributing more than half of revenue.

What happened to EMERGE's other brands?

EMERGE once ran roughly nine brands, including WagJag and Buytopia. After buying at the 2020 peak with debt, it sold the non-core businesses — a pet brand went to Tiny — to cut debt and focus on grocery and golf.

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Maintained by TechTO · facts sourced and dated · last reviewed Aug 28, 2026