BillingPlatform, the leading global cloud-based monetization and billing solution provider, today announced it ranked No. 197 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy technology companies in North America. BillingPlatform’s fiscal year revenue grew 617% from 2016 to 2019.
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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 $50,000, and current-year operating revenues of at least $5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America. Overall, 2020 Technology Fast 500 companies achieved revenue growth ranging from 175% to 106,508% from 2016 to 2019, with median growth of 450%.
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“For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — truly does permeate so many facets of our lives,” said Paul Silverglate, vice chairman, Deloitte LLP and U.S. technology sector leader. “We congratulate this year’s winners, especially during a time when innovation is needed more than ever to address the monumental challenges posed by the pandemic.”
“Being ranked on Deloitte’s 2020 Technology Fast 500 is a testament to our team’s shared commitment to be the leader in our space,” said Dennis Wall, BillingPlatform CEO. “We are grateful for the recognition and honored that our customers continue to rely on BillingPlatform to automate mission critical operational processes, and to deliver differentiated, frictionless customer experiences.”
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