Coconut Software Ranked as a Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™
By Coconut Software - Nov 21, 2024
SASKATOON, SK and TORONTO, ON, November 21, 2024 — Coconut Software today announced it ranked on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. This award comes on the heels of a Fast 50 win in 2023, and a Fast 500 win in 2022.
The Fast 500 program recognizes technology companies based on the highest revenue-growth percentage over the past four years. Coconut Software ranks 363 with a 311% percent in revenue growth from 2020 to 2023.
Coconut’s CEO, Katherine Regnier, credits the company’s strong culture and a focus on building solutions that help financial institutions tackle their most critical challenges, with its revenue growth. “Our team is focused on delivering solutions that make it easier for customers to bank with their financial institution, and easy for staff to provide the financial advice they need. We’re very fortunate to get to partner with our incredible customers that are committed to providing the best experience for their customers,” says Regnier. “We are honored to be one of North America’s fastest growing companies. Congratulations to all of the winners!”
Overall, 2024 Technology Fast 500 companies achieved revenue growth ranging from 201% to 186,373%, with an average growth rate of 2,100% and median growth rate of 460%.
To qualify for the Technology Fast 500 ranking, companies must have been in business for at least four years, have a minimum revenue of $50,000 in 2021 and $5 million in 2023, 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.
See the full list of winners here.
About Coconut Software
Coconut Software is a leading customer engagement platform that orchestrates effortless digital and in-person banking experiences for financial institutions. The company’s appointment scheduling, in-branch queuing, and video banking solutions tackle critical challenges head-on, while building customer loyalty and improving Customer Satisfaction Scores (CSAT). Coconut Software creates measurable business value by helping clients achieve their revenue goals, optimize workforce planning, and streamline branch traffic. It serves a growing number of top-tier banks and credit unions across North America, including RBC, Arvest Bank, and M&T Bank.
Visit coconutsoftware.com to learn more.
About the Technology Fast 500TM program
Now in its 30th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, 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 2020 to 2023.
Media Contact: media@coconutsoftware.com