Reonomy, the leading provider of property intelligence has announced it ranked 127 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 25th year. Reonomy grew 990% during this period.
Reonomy’s chief executive officer, Richard Sarkis, credits the team’s work ethic, patience, and dedication with the company’s 990% revenue growth. He said, “It’s incredible to see the growth that we’ve experienced over the past few years. I’m grateful for the support from our investors and proud of the diligent work from our employees who continue to exhibit our core values.”
Overall, 2019 Technology Fast 500™ companies achieved revenue growth ranging from 166% to 37,458% from 2015 to 2018, with median growth of 439%.
Now in its 25th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2015 to 2018.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.