Global accounting and consulting firm Deloitte just released its latest Technology Fast 500 list, and New York City companies were well represented among some of North America’s fastest-growing tech companies.
The annual list ranks companies that have experienced the most revenue growth over a three-year period, with this year’s ranking taking into account revenue growth from 2017 to 2020. Overall, the roundup is a good way to keep a finger on the pulse of which companies are experiencing the most success right now, and which industries are heating up the most.
In addition to tech, companies across the media, telecommunications, life sciences, fintech and energy sectors were included in the ranking. Leading the way overall was Axonics, a medical devices company out of Irvine, California.
As for NYC-based enterprises, 50 companies across all industries made the cut, including recent standouts like e-commerce crimefighter Forter (rank #214) and anti-fraud startup Socure (rank #169) — both of which hit multi-billion dollar valuations this year after raising massive mega-rounds. At the top of the list for the Empire State this year was mobile marketing startup Attentive, which ranked third overall with 49,155 percent revenue growth over the last three years.
In a statement shared with Built In, Roger G. Arrieux Jr., the managing partner of Deloitte’s New York practice, said NYC’s strong showing in the new ranking “signal[s] that New York’s technology community is alive and well – that it can be a pillar on which New York bases its comeback.”
“Having a robust high-tech community means New York is in a position to spawn the exciting new companies that position us for a robust and resilient future,” Arrieux continued. “These companies can also be a valuable asset to our traditional companies as they come through the pandemic, because they can provide the technology they need to become more relevant and successful in a changing world.”
Keep reading to learn more about the top five NYC tech companies included in this year’s Deloitte ranking, all of which landed in the top 30 nationally. Hint: most of them are hiring. (Wondering how NYC fared last year? Take a look.)
To see the full Deloitte 2021 list of fast-growing companies across the continent, read on here.
Rank #28, 7,199% Growth
Deep Instinct is taking on one of the biggest problems in the tech industry today — ransomware attacks — by combining end-to-end deep learning with cybersecurity. The startup pulled in a $67 million Series D over the summer, and is growing quickly to keep up with this ever-evolving space.
Rank #27, 7,886% Growth
BigID helps companies better understand the data they collect — who it belongs to, what it is, where it is, and why it’s collected — so they can better comply with privacy legislation and protect themselves against security breaches. To date, the startup has raised more than $246 million in funding, its most recent round totaling $70 million in December of 2020.
Rank #24, 9,094% Growth
Over the last six years, Alloy has become a go-to resource for some of today’s hottest fintech startups in their fight against fraud. The company hit unicorn valuation just a few weeks ago after a $100 million raise, and has plans to grow into a multi-product platform that covers the entire customer journey, making it easier to understand risk while, at the same time, making fintech products easier to build.
Rank #21, 11,210% Growth
Medly has been in especially high demand amid the ongoing Covid-19 pandemic, providing free prescription delivery, insurance assistance and direct pharmaceutical support to ensure patients get the care they need from the safety of their homes. The startup’s last funding round was in July of 2020 — a $100 million Series B — and it has since formed partnerships with various major brands like Talkspace and EmblemHealth. It has also expanded its services into Atlanta, Baltimore, Raleigh and Miami.
Rank #3, 49,155% Growth
Attentive has become a rising star in the mobile marketing space, replacing traditional spam emails with personalized texts to help brands maintain better relationships with their customers. The startup raised a massive $470 million Series E last March, and was recently ranked among NYC’s top private cloud companies, according to Forbes.
