Leaf Home, the Hudson, Ohio-based holding company for several home services brands, was the highest-ranking Northeast Ohio company in this year's Deloitte North America Technology Fast 500 list of fast-growing companies.
Deloitte ranked the annual list of companies in the technology, media, telecommunications, life sciences, fintech and energy tech sectors by percentage annual revenue growth from 2017 to 2020, the Top Four global accounting consultancy said in a press release.
The top 500 companies in 2021 had revenue growth ranging from achieved revenue growth ranging from 87,037% to 212% over the three years, with a median growth rate of 521%, Deloitte said.
"Each year the Technology Fast 500 shines a light on leading innovators in technology and this year is no exception," said Paul Silverglate, vice chair of Deloitte LLP and leader of the firm's U.S. technology sector.
"In the face of innumerable challenges resulting from the pandemic, the best and brightest were able to pivot, reinvent and transform and grow," Silverglate said.
At 21% (105 companies), California's Silicon Valley hosts the largest percentage of list members.
Ohio hosts five companies, three from Northeast Ohio. All five Ohio companies are part of the "Software or Software-as-a-Service" industry.
"Every aspect of the customer experience we deliver — from the request for a quote to the home installation — is enabled by our proprietary data-driven platforms," said Jeff Beck, chief growth officer at Leaf Home, in a press release.
Keyfactor, the cybersecurity company in Independence, Ohio, ranked as the fastest-growing digital key and certificate automation provider on the list for the second year in a row.
"Enterprises are adapting to hybrid workforces, struggling to manage the proliferation of digital identities at enterprise scale," said Jordan Rackie, Keyfactor's CEO, in a press release.
"Keyfactor continues to play a pivotal role in supporting our customers' cloud journey," Rackie said.
Meanwhile, one in eight (81%) of the top 500 companies were backed by venture capital at some point in their history, Deloitte said.
Aaron Christopher "A.C." Evans, CEO of Drips, the conversational texting company in Akron, Ohio, had "significant" investments from Accel-KKR and Blue Venture Fund, as well as a credit facility from Wells Fargo Capital Finance's Technology Finance Group, in 2021.
"This high level of confidence in our conversational outreach platform will allow us to expand into new markets as we've already reached an industry-leading level of autonomy and scale," Evans said in a press release.
