Deloitte has unveiled its 31st annual North America Technology Fast 500™ rankings, celebrating the continent’s fastest-growing companies across technology, media, telecommunications, life sciences, fintech, and energy tech sectors. This year’s list showcases remarkable revenue growth, with companies achieving increases ranging from 122% to an astounding 29,738% between 2021 and 2024, averaging 1,079% growth.
Key Takeaways
- Software and services remain the dominant sector, comprising over half of the list.
- Private companies continue to lead, highlighting their agility in competitive markets.
- Artificial intelligence is rapidly ascending, securing a strong position in the top sectors.
- Geographically, the Bay Area leads in company concentration, followed closely by the Tri-State Area.
Top Performers and Sector Dominance
Impiricus, an AI-powered healthcare solutions provider, claimed the top spot with an extraordinary 29,738% revenue growth. The software and services sector continues its reign, making up 52% of the honorees, with digital platforms, enterprise infrastructure, and productivity tools being key sub-sectors. Life sciences and fintech followed, securing second and third place respectively in industry category rankings.
Artificial intelligence has surged to fourth place, demonstrating its growing impact. Notably, energy and sustainability technology companies recorded the highest median revenue growth rate at 616%.
Regional Highlights and Notable Companies
The Technology Fast 500 winners span 36 U.S. states and nine Canadian provinces. The Bay Area in California led with 17% of the winners, while the Tri-State Area (New York, New Jersey, Connecticut) accounted for 14%. Texas saw significant representation with 25 companies making the list, including Dallas-based JobTread Software, which ranked sixth overall with 11,944% growth.
IonQ, the world’s leading quantum company, was the sole quantum firm recognized, achieving nearly 2000% revenue growth from 2021 to 2024. Other notable companies include Lpt Aperture Holdings and Horizon3.ai, both in the software and services sector, which secured the second and third positions respectively.
Trends and Future Outlook
Wolfe Tone, US Deloitte Private & Emerging Client Portfolio Leader, commented on the rankings, noting a blend of "enduring leadership and breakthrough momentum." He highlighted that while over half the winners are repeat honorees, a majority of the top ten are new entrants, signaling both the stability of established players and the rapid rise of new innovators. The continued dominance of private companies underscores their ability to achieve exceptional growth through agility.
Regional Breakdown
| Location | Percentage of List | Fastest-Growing Company in the Region | Overall Company Ranking | Dominant Sectors in Location |
|---|
| Bay Area | 17% | Horizon 3ai | 3 | Software and services (51%) |
| Tri-State Area | 14% | Farther | 5 | Software and services (57%) |
| New England | 7% | Rhythm Pharmaceuticals, Inc. | 31 | Life sciences (46%) |
| Texas | 5% | JobTread Software | 6 | Software and services (67%) |
| Greater Washington, D.C. | 5% | IonQ, Inc. | 55 | Software and services (77%) |
| Pacific Northwest | 4% | Teal Communications | 39 | Software and services (44%) |
| Atlanta | 3% | Impiricus | 1 | Software and services (71%) |
| San Diego | 3% | Drata | 45 | Software and services (40%) |
| Los Angeles | 3% | Rula Health | 34 | Software and services (40%) |
| Canada | 23% | Red Rock Regeneration Inc. | 4 | Software and services (50%) |
Industry Sector Performance
| Sector | Percentage | Sector Leader | Median Revenue Growth (2021 to 2024) |
|---|
| Software and services | 52% | Lpt Aperture Holdings | 319% |
| Life sciences | 14% | Red Rock Regeneration Inc. | 301% |
| Fintech | 13% | Farther | 268% |
| Artificial intelligence | 7% | Impiricus | 407% |
| Energy & sustainability technology | 5% | Site 2020 | 616% |
| Digital content/media/entertainment | 4% | PrizePicks | 243% |
| Technology, media & telecom | 3% | IonQ, Inc. | 203% |
| Communications/networking | 1% | Teal Communications | 463% |
| Hardware & semiconductors | 1% | Lumafield | 157% |
Sources
Founder Dinis Guarda
IntelligentHQ Your New Business Network.
IntelligentHQ is a Business network and an expert source for finance, capital markets and intelligence for thousands of global business professionals, startups, and companies.
We exist at the point of intersection between technology, social media, finance and innovation.
IntelligentHQ leverages innovation and scale of social digital technology, analytics, news, and distribution to create an unparalleled, full digital medium and social business networks spectrum.
IntelligentHQ is working hard, to become a trusted, and indispensable source of business news and analytics, within financial services and its associated supply chains and ecosystems
Deloitte’s 2025 Technology Fast 500 Reveals Explosive Growth Across North American Tech Landscape
Deloitte has unveiled its 31st annual North America Technology Fast 500™ rankings, celebrating the continent’s fastest-growing companies across technology, media, telecommunications, life sciences, fintech, and energy tech sectors. This year’s list showcases remarkable revenue growth, with companies achieving increases ranging from 122% to an astounding 29,738% between 2021 and 2024, averaging 1,079% growth.
Key Takeaways
Top Performers and Sector Dominance
Impiricus, an AI-powered healthcare solutions provider, claimed the top spot with an extraordinary 29,738% revenue growth. The software and services sector continues its reign, making up 52% of the honorees, with digital platforms, enterprise infrastructure, and productivity tools being key sub-sectors. Life sciences and fintech followed, securing second and third place respectively in industry category rankings.
Artificial intelligence has surged to fourth place, demonstrating its growing impact. Notably, energy and sustainability technology companies recorded the highest median revenue growth rate at 616%.
Regional Highlights and Notable Companies
The Technology Fast 500 winners span 36 U.S. states and nine Canadian provinces. The Bay Area in California led with 17% of the winners, while the Tri-State Area (New York, New Jersey, Connecticut) accounted for 14%. Texas saw significant representation with 25 companies making the list, including Dallas-based JobTread Software, which ranked sixth overall with 11,944% growth.
IonQ, the world’s leading quantum company, was the sole quantum firm recognized, achieving nearly 2000% revenue growth from 2021 to 2024. Other notable companies include Lpt Aperture Holdings and Horizon3.ai, both in the software and services sector, which secured the second and third positions respectively.
Trends and Future Outlook
Wolfe Tone, US Deloitte Private & Emerging Client Portfolio Leader, commented on the rankings, noting a blend of "enduring leadership and breakthrough momentum." He highlighted that while over half the winners are repeat honorees, a majority of the top ten are new entrants, signaling both the stability of established players and the rapid rise of new innovators. The continued dominance of private companies underscores their ability to achieve exceptional growth through agility.
Regional Breakdown
Industry Sector Performance
Sources
Founder Dinis Guarda
IntelligentHQ Your New Business Network.
IntelligentHQ is a Business network and an expert source for finance, capital markets and intelligence for thousands of global business professionals, startups, and companies.
We exist at the point of intersection between technology, social media, finance and innovation.
IntelligentHQ leverages innovation and scale of social digital technology, analytics, news, and distribution to create an unparalleled, full digital medium and social business networks spectrum.
IntelligentHQ is working hard, to become a trusted, and indispensable source of business news and analytics, within financial services and its associated supply chains and ecosystems
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