SmartFinancial Ranked Number 249 Fastest-Growing Company in North America on Deloitte's 2020 Technology Fast 500™
Attributes 452% Revenue Growth to its proprietary technology platform that makes insurance-comparison shopping faster and more efficient.
COSTA MESA, Calif., Nov. 23, 2020 /PRNewswire-PRWeb/ -- SmartFinancial today announced it ranked 249 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 26th year. SmartFinancial grew 452% during this period.
SmartFinancial's chief executive officer, Lev Barinskiy, credits its proprietary technology platform and superior customer service with the company's 452% revenue growth. He said, "It's very rewarding to be recognized by Deloitte's Fast 500 for the 3rd year in a row and we are extremely proud of our team for their continued dedication to our customers. We are grateful to be acknowledged amongst some of the most innovative technology companies and we are excited to continue to develop our technology platform to enable consumers and carriers to connect more efficiently. "
"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."
"Each year the Technology Fast 500 listing validates how important technology innovation is to our daily lives. It was interesting to see this year that while software companies continued to dominate, biotech companies rose to the top of the winners list for the first time, demonstrating that new categories of innovation are accelerating in the pursuit of making life easier, safer and more productive," said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte's audit and assurance practice. "We extend sincere congratulations to these well-deserved winners — who all embody a spirit of curiosity, and a never-ending commitment to making technology advancements possible."
SmartFinancial previously ranked 464 as a Technology Fast 500™ award winner for 2019 and 227 for 2018.
Overall, 2020 Technology Fast 500™ companies achieved revenue growth ranging from 175% to 106,508% from 2016 to 2019, with median growth of 450%.
About Deloitte's 2020 Technology Fast 500™
Now in its 26th 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 2016 to 2019.
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.
About SmartFinancial
SmartFinancial is a technology company that has revolutionized the insurance-buying experience with a transparent insurance-technology platform that pairs people with the right insurance carrier. SmartFinancial also serves insurance agents and insurance carriers across the country with high-intent, customer-initiated leads and live-transfer calls.
About Deloitte
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PR Contact: Fran Majidi
877.323.7750
SmartFinancial.com
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Media Contact
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SOURCE SmartFinancial
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