Calgary, AB – November 16, 2016 – Benevity, Inc. was named one of Canada’s and North America’s fastest growing technology companies today in the 19th annual Deloitte Technology Fast 50™ and Fast 500™ awards. These awards demonstrate bold innovation, dedicated leadership and strong growth. Benevity ranked 3rd in Canada and 22nd in North America and grew 5,870 percent from 2012 to 2015.
The Deloitte Technology Fast 50 and Fast 500 programs celebrate leaders in the Canadian and North American technology industry and track the successful growth of North American-grown leaders. The Fast 50 list is made up exclusively of Canadian based companies and the Fast 500 comprises North American based organizations.
“Our growth is directly attributable to both the need for user-friendly technology to solve complex problems and the growing desire for companies and their people to give back to their communities,” said Bryan de Lottinville, CEO and founder of Benevity. “Like many of our Fortune 1000 clients, we’ve attracted a high calibre of passionate people to Benevity that want to have their work make a difference in the world. It’s because of them, and our culture of client service, that we are privileged to work with so many of the world’s most iconic brands.”
“Today, when every organization can be a tech company, the most effective businesses not only foster the courage to explore change, but also encourage creativity in using and applying existing assets in new ways, as resourcefully as possible,” said Anders McKenzie, Technology, Media and Telecommunications Managing Partner for Deloitte in Canada “This ingenious approach to innovation calls for the encouragement of curiosity and collaboration both within and outside the office walls.”
To qualify for the Deloitte Technology Fast 50 and Fast 500 rankings, companies must have been in business for at least four years, have revenues of at least $5 million, own proprietary technology, conduct research and development activities in North America and invest a minimum of five percent of gross revenues in R&D.
About the Deloitte Technology Fast 50™ and Fast 500™ – The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features three distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than four years, with the potential to be a future Deloitte Technology Fast 50 candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Aequitas NEO Exchange, Bank of Montreal, Bennett Jones, OMERS Ventures and Vistara Capital Partners. For further information, visit www.fast50.ca.
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 2012 to 2015.
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 or USD, and current-year operating revenues of at least $5 million or USD. Additionally, companies must be in business for a minimum of four years, and be headquartered within North America.
Benevity, Inc., a certified B Corporation, is the global leader in online workplace giving, matching, volunteering and community investment software. Many of the world’s most iconic brands rely on Spark, Benevity’s award-winning Cloud solution, to power corporate “Goodness Programs” that attract, retain and engage today’s diverse workforce by connecting people to the causes that matter to them. With software that is available in 15 languages, to several million users around the world, Benevity will process close to a billion dollars in donations to more than 100,000 global charities this year.