Sadie Evans posted an articleTwo Victoria tech companies recognized by Deloitte Technology Fast 50 see more
VICTORIA, BC - November 12, 2019 - Two Victoria technology companies have been recognized by Deloitte’s Technology Fast 50 awards. SendtoNews was recognized as one of the Deloitte Fast 50, and Checkfront was listed as one of Deloitte’s Companies-to-Watch.
The Deloitte Canada Fast 50 program lists Canada’s fastest-growing tech companies. It was created to recognize “innovation, rapid revenue growth, and entrepreneurial spirit.” The awards feature four categories including the Companies-to-Watch awards, and the North American Technology Fast 50 ranking.
For SendtoNews, the largest digital sports video platform in North America, this was the third year in a row they made the Fast 50 ranking.
“Sustainable growth at these rates is a testament to the quality of our offering combined with the hard work and dedication of our team along with our publishing, content and advertising partners,” says Matthew Watson, CEO of SendtoNews. “Perhaps, most exciting is the fact that in many ways, we are just getting started.”
Checkfront, a cloud-based booking managment application and e-commerce platform, was awarded its spot in the Companies-to-Watch list in recognition of its strong growth and potential to earn future Fast 50 recognition.
"The entire Checkfront team is proud to be named one of Deloitte Canada’s Companies-to-Watch,” said Checkfront’s CEO, Jason Morehouse.“As the industry continues to mature, more travel brands look to list their experiences online, making this an exciting era for Checkfront. It is wonderful to be recognized for our achievements so far, and we will continue our commitment to sustainable growth, innovation and excellence in the work we do every day.”
Overall, BC firms held 10 of the 50 spots in the Fast 50 rankings, evidence of the rapid development and success of the west coast tech scene.
ArticleDoes your company have what it takes to rank among the industries finest? see more
Deloitte Technology Fast 50™ 2019 program applications open
Deloitte’s Technology, Media & Telecommunications group is excited to launch the 22nd year of the Technology Fast 50 program. The program celebrates the world-class achievements of Canadian technology companies, highlighting their commitment to innovation, leadership, and rapid revenue growth.
The awards are presented in distinct categories that characterize and define the unique strengths of Canadian innovation. Open to both public and private companies, past winners include BlackBerry, Hootsuite, Shopify, Index Exchange, and Touch Bistro. The program provides technology companies across the country the opportunity to be showcased nationally and globally. Do you have what it takes?
Topping the Fast 50 list in 2018 was Vanrx Pharmasystems, a manufacturer of aseptic filling machines for the pharmaceutical industry. With an average three-year growth rate of 19,342 percent, the Burnaby, BC-based company dramatically set itself apart in the pharmaceutical technology industry. To see the full list of 2018 winners, visit www.Fast50.ca
1) Companies to watch (start-ups)
2) Fast50 (scale-ups)
3) Enterprise Fast 15 (mature).
Is your company a Fast 50TM contender?
Technology Fast 50TM and North American Technology Fast 500TM applicants must be:
- In business for at least four years (on or prior to December 31, 2015)
- Headquartered in Canada or Canadian-controlled, with both management and research and development (R&D) teams also located in Canada
- Investing a minimum of five percent of gross revenues in R&D
- Generating a significant proportion of operating revenue via proprietary technology and/or intellectual property
- Able to prove minimum revenues of $50,000 in 2015 and $5 million in 2018. (Revenues to qualify for Fast 500™ must be US$50,000 in 2015 and US$5 million in 2018.)
- Participating in one of the following five sub-sectors:
- Emerging technologies
- Digital media
To be eligible in the Companies-to-Watch category, applicants must meet the same criteria as for Technology Fast 50TM nominees except for the revenue requirement.
Eligibility in the Enterprise Fast 15 category requires applicants to meet the same criteria as for Technology Fast 50TM nominees except they must have a minimum revenue of $10 million in 2015 and a minimum revenue of $25 million in 2018.
If you have what it takes to claim a leading spot among Canadian technology innovators, apply today for the Fast 50™ program.