TORONTO, November 15, 2018 – Maropost, the only unified customer engagement platform, today announced it ranked #35 on Deloitte’s Technology Fast 50™ and #159 on the Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences and energy companies in Canada and North America, respectively. Maropost has made the lists for the third year running, with a three-year revenue growth rate of 650 percent.
As one of the fastest-growing companies in Canada and North America, Maropost’s three-year growth rate goes far beyond revenue. Since first making the Deloitte lists in 2016, Maropost has grown its employee count by over 60%, expanded its leadership team to include some of North America’s top SaaS executives, and opened a new US office in Chicago, IL.
Maropost’s CEO, Ross Paquette, credits the company’s relentless focus on customer-centric innovation for its success. “With these awards, what they don’t mention is what growth really means. When you talk about revenue, you’re talking about customers,” Paquette says. “Our customers power and inspire Maropost—everything we build, we build for them. For us, this is an opportunity to expand our reach—to bring Maropost to even more companies.”
These past three years on the Deloitte Technology Fast 50™ and the Deloitte Technology Fast 500™ have also been marked by a rapid expansion of Maropost’s platform capabilities. As the company continues to add new features like dynamic content, content and product recommendations, and AI-powered message scheduling, it continues to help companies drive deeper customer engagement.
“Business is changing rapidly, and what used to work a few years ago isn’t a recipe for what will work in the future,” said Erica Pretorius, Partner and National Leader for the Technology Fast 50™ program at Deloitte Canada. “Fast 50 winners are a beacon of innovation and I look forward to how they will change the business and technology landscape in the future.”
To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, conduct research and development activities in Canada and invest a minimum of five percent of gross revenues in R&D.
Along with the Deloitte Fast 50 and Fast 500, Maropost also beat out 495 high-growth Canadian companies to secure a top 5 spot on Canadian Business’ Growth 500. New commerce capabilities coming in early 2019 are set to increase Maropost’s impact even further, as Maropost will enable even more companies to better connect with their customers.
About the Deloitte Technology Fast 50™
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 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, 3C Innovation, BCFBusiness Law, Bank of Montreal, Bennett Jones, CBRE, First West Capital and OMERS Ventures.
For further information, visit www.fast50.ca.
About Deloitte’s 2018 Technology Fast 500™
Deloitte’s 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 2014 to 2017.
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 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.