Every year, consulting firm Deloitte releases its list of the top 500 fastest-growing North American tech companies. The list ranks the companies that have experienced the most revenue growth over a three-year period, with this year’s ranking taking into account revenue growth from 2017 to 2020.
The 2021 Technology Fast 500 list features tech companies across various industries ranging from media to life sciences, fintech, energy, software development and more. It also features companies from all over the U.S. and Canada.
Washington, D.C. was well-represented on the list this year with 26 companies making the cut, five of which were ranked in the top 50. In fact, one local company ranked second with an impressive 60,259 percent growth in revenue.
“The greater Washington area continues to be a premier hub for technology and innovation. The region’s tech sector benefits from access to a well-qualified workforce, the ability to attract talent and [its] proximity to the federal government,” Amy Holcomb, Deloitte’s technology, media and telecommunications industry leader for D.C., said in a statement.
Read below to learn more about the top five D.C. metro companies that ranked on Deloitte’s list this year, and check out the full list here.
Rank #49, 3,882% Growth
Sales Boomerang provides in-depth, timely information about borrowers to help lenders conduct outreach at key moments when someone might need a loan. For example, Sales Boomerang’s Credit Watch feature can notify lenders when one of their borrowers enters into a new credit score bracket that might qualify them for a better mortgage. That way, lenders aren’t bothering potential borrowers when they aren’t looking for a loan and can position themselves to help customers exactly when they need it.
Rank #45, 4,052% Growth
Recent unicorn Dragos has experienced a ton of growth both this year and in the last three years. Between 2017 and 2020, the company experienced 4,052 percent revenue growth, according to Deloitte. And in 2021, the operational tech cybersecurity startup hit a $1.7 billion valuation, breaking both funding and valuation records in its industry. Dragos offers cybersecurity solutions to industrial companies primarily in manufacturing and power and water utilities. Its platform offers asset visibility, vulnerability management, threat detection, collective defense and investigation capabilities.
Rank #19, 11,910% Growth
If you’ve ever looked at your credit card bill and wondered why you’re still paying for that grocery delivery service you haven’t used in months, you need TrueBill. TrueBill uses AI to identify and cancel unwanted subscriptions to save customers money on services they aren’t using. It also helps users analyze spending habits and take action to improve their financial health.
Rank #18, 12,858% Growth
Herndon-based Expel is a cybersecurity company dedicated to offering transparency and flexibility to its customers. With Expel, businesses can use the security products they’ve already bought and work with Expel analysts to monitor, identify and fix problems as they arise while also tackling the root cause so the same issues don’t keep coming back.
Rank #2, 60,259% Growth
Coming in at number two is GetUpside, an app that lets users earn cashback and receive discounts when buying gas, groceries and food or drink at restaurants. The company tracks consumer transaction data to deliver personalized promotions that attract new customers for businesses big and small.