PathFactory Ranked 322nd Fastest-Growing Company in North America on Deloitte’s 2020 Technology Fast 500™
Attributes 314% revenue growth to prioritizing continuous innovation and listening to customer feedback
Toronto, ON, November 18, 2020 — PathFactory today announced it ranked 322nd 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. PathFactory grew 314% during this period.
PathFactory’s President and CEO, Dev Ganesan, credits the company’s history of innovation and ability to listen to what customers need with the company’s 314% revenue growth. He said, “PathFactory has always been on the forefront of helping B2B marketers increase revenue through digital engagement. Without face-to-face meetings and events, the problems we solve for B2B marketers are front and center more than they have ever been before, and that’s why we continue to grow.”
“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.”
PathFactory previously ranked as a Technology Fast 500™ award winner for 2019.
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.
Leading enterprise and mid-market B2B companies use PathFactory’s Intelligent Content Platform to accelerate nurture, improve win rates, and understand content performance by delivering intelligent content experiences and virtual events across the buyer’s journey. PathFactory was recently named the inaugural Visionary CX ISV Partner of the Year award winner in the 2020 Oracle Markie Awards, and recognized by Deloitte as one of North America’s Technology Fast 500. It was also named the 2020 Top-Rated Content Marketing Software by TrustRadius, a Fall 2020 Content Experience Leader by G2, and a 2019 Cool Vendor in Technology Marketing by Gartner.
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