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The Triangle startups on Deloitte's Technology Fast 500


Todd Olson of Pendo
Todd Olson of Pendo.
Pendo

The Deloitte 2021 Technology Fast 500 rankings are out, and seven North Carolina companies made the cut – including Raleigh-based Pendo, which ranked in at number 174.

Pendo, which recently closed on a secondary investment by private equity firm Thoma Bravo at a valuation of $2.6 billion, has been on the Fast 500 list for three consecutive years – the most out of any currently ranked North Carolina company.

And in this year’s rankings, it was highlighted for its 767 percent growth rate.

Pendo was one of four Triangle firms to make the cut. The highest-ranked firm in the state is Nufabrx, which makes apparel designed for pain relief and is based in Conover.

John Giannuzzi, Deloitte’s managing partner for the Carolinas, said the North Carolina firms “represent the exciting potential we have to grow a world-class technology hub, one that can diversify and strengthen our economy for everyone.”

Here’s the full list of North Carolina companies that made the cut:

  • 8. Textile-Based Delivery, Inc. (DBA Nufabrx)

The Conover-based company, with a 22,957 percent growth rate, is led by Jordan Schindler and is working to disrupt the drug delivery industry by putting medicine directly into clothing.

  • 82. vTv Therapeutics, Inc.

The High Point-based pharma, led by Stephen Holcombe, focuses on treating type 1 diabetes and psoriasis and had a 2,104 percent growth rate, according to Deloitte.

  • 174. Pendo – Raleigh

The Raleigh-based product adoption software company, led by Todd Olson, had a 767 percent growth rate, according to Deloitte.

  • 344. MedShift

The Charlotte company, which delivers a platform as a service to medical device manufacturers and is led by Brian Phillips, had a 350 percent growth rate, according to Deloitte.

  • 368. FM:Systems - Raleigh

The Raleigh company, led by Kurt von Koch, offers a suit of digital workplace solutions and had a 318 percent growth rate in the report.

  • 414. Sift Media, Inc. - Durham

The Durham company, led by Jud Bowman, leverages advanced AI & machine learning algorithms to hyper-target app install ads for its clients and had a 277 percent growth rate, according to Deloitte.

  • 419. Precision BioSciences (Nasdaq: DTIL). - Durham 

The gene editing firm, led by new CEO Michael Amoroso, had a 275 percent growth rate, according to Deloitte.


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