Deloitte has released its North America Technology Fast 500 list, an annual ranking of the fastest-growing North American companies in the technology, media, telecommunications, life sciences, fintech, and energy tech sectors. Twelve North Texas companies made this year’s list, led by Dallas-based Archer Review—an online platform that provides course training for nursing students, medical students, and physicians.
Ranked at No. 33, Archer Review posted 5,771% growth from 2020 to 2023, the time window for this year’s Fast 500 rankings. We last wrote about the company in September, when it launched its latest product, Archer Review for Nursing School, which is designed to be a companion throughout the nursing school journey.
In September, Archer Review launched its latest product, Archer Review for Nursing School. [Image: ArcherReview]
Three other North Texas companies make the top 200
Following up Archer locally in the list’s top 200 are HighLevel at No. 103, Brainvire Infotech at No. 127, and Wellfit Technologies at No. 177.
Dallas-based HighLevel, an all-in-one platform for marketing agencies that features marketing automation, lead generation, and Customer Relationship Management (CRM) tools, posted 1,176% growth. Its mission is “to help agencies reduce churn and supercharge customer grow.” On Tuesday, we wrote about HighLevel earning “emerging finalist” honors in the 2024 EY Entrepreneur Of The Year awards.
Irving-based Brainvire Infotech, an AI-led digital transformation services agency for enterprise companies, posted 944% growth. The company says its team of 4,500-plus experts “blends technical expertise with creative innovation to deliver exceptional results that drive growth across industries.”
Irving-based Wellfit Technologies, a healthcare technology platform that provides streamlined financing options, discount plans, and payment processing, posted 666% growth. The fintech says its platform makes patient financing, dental plans, and payment processes “simple, transparent, and cost-effective for providers and patients.”
‘Vision and expertise’: How Deloitte arrived at the rankings
Technology Fast 500 awardees are selected based on percentage fiscal year revenue growth from 2020 to 2023, Deloitte said.
Overall, the 2024 Technology Fast 500 companies achieved revenue growth ranging from 201% to 153,625% over the three-year time frame, with an average growth rate of 1,981% and a median growth rate of 460%. Topping this year’s rankings was New York biopharmaceutical company TG Therapeutics, which posted a staggering growth of 153,625%.
“For 30 years we’ve been celebrating companies that are actively driving innovation. The software industry continues to be a beacon of growth, and the fintech industry made a strong showing on this year’s list, surpassing life sciences for the first time,” Steve Fineberg, vice chair and U.S. technology sector leader at Deloitte, said in a statement
“Significantly, we also saw a breakthrough in the performance of private companies, with the highest number of private companies named to the list in our program’s history,” Fineberg added. “This year’s winners have shown they have the vision and expertise to continue to perform at a high level, and that deserves to be celebrated.”
Here’s the full list of North Texas companies on this year’s Deloitte Fast 500 list:
North Texas Companies Rank in Deloitte’s 2024 Technology Fast 500
| Rank | Company | Primary Industry | % Growth | City | CEO |
| 33 | Archer Review | Software & services | 5,771% | Dallas | Dr. Karthik Koduru |
| 103 | HighLevel | Software & services | 1,176% | Dallas | Shaun Clark |
| 127 | Brainvire Infotech | Software & services | 944% | Irving | Chintan Shah |
| 177 | Wellfit Technologies | Fintech | 666% | Irving | Fulton Collins |
| 293 | Aligned Data Centers | Communications/networking | 398% | Plano | Andrew Schaap |
| 340 | Cariloop | Software & services | 342% | Richardson | Michael Walsh |
| 349 | AmplifAI | Software & services | 333% | Plano | Sean Minter |
| 357 | Sanara MedTech | Life sciences | 317% | Fort Worth | Zachary B. Fleming |
| 424 | Theatro | Software & services | 257% | Richardson | Chris Todd |
| 430 | o9 | Software & services | 251% | Dallas | Chakri Gottemukkala |
| 457 | RumbleOn | Software & services | 228% | Irving | Michael W. Kennedy |
| 489 | DataBank | Communications/networking | 206% | Dallas | Raul K. Martynek |
More about this year’s list
The 2024 Deloitte Technology Fast 500 winners represent 39 states and provinces across North America. The San Francisco Bay Area continued to lead the regional pack with 17% of the Technology Fast 500 winners, followed by the Tri-State Area, which represents 16% of the winning companies.
Software and services is the leading industry in all major markets, even New England, where historically life sciences has dominated, Deloitte noted.
Eighty-three percent of the companies on the list were backed by venture capital or private equity funding at some point in their company history, Deloitte added.
You can see the full list here.
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