November 15, 2018
Klipfolio Ranked Number 42 in Deloitte’s 2018 Canadian Technology Fast 50™
Ottawa, ON, 15/11/2018 - Klipfolio announced it ranked 42 on Deloitte’s Canadian Technology Fast 50™, a ranking of the 50 fastest growing Canadian technology companies with the highest percentage revenue growth from 2014 to 2017. Klipfolio grew 514% percent during this period.
Klipfolio’s Chief Executive Officer, Owen Sagness, credits the groundswell of data driven small and mid-sized businesses and Klipfolio’s simple, natural to use ability to connect many different data sources, for the company’s 514% revenue growth. He said, "We’re honoured to have been recognized two years in a row, having been named to the Canadian Technology Fast 50 in both 2018 and 2017."
Technology Fast 50™ Ranking
The Technology Fast 50™ recognizes the 50 fastest growing Canadian technology companies with the highest percentage revenue growth from 2014 to 2017. Qualifying companies must have headquarters in Canada, have been in business for at least four years, have revenues of at least $5 million, own proprietary technology, and conduct research and development activities in Canada.
About Deloitte’s 2018 Technology Fast 500™
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 2014 to 2017.
This year, Klipfolio garnered a ranking of 188 in the Technology Fast 500™ list.
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 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
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