Accounting and consulting firm Deloitte released its 2023 Technology Fast 500 list, ranking the fastest-growing technology and life sciences companies in North America. The 29th annual list featured 14 companies from the Austin area. Last year’s list featured the same number of companies.
Companies on the list were chosen based on their fiscal year revenue growth between 2019 and 2022 and ranked based on their percentage growth rate. The technology sector, as well as the media, telecommunications, life sciences, fintech and energy tech industries, are represented on the list.
“As for growing companies, it’s always rewarding to be recognized for the ongoing commitment it takes to navigate obstacles, transform when necessary and ultimately create a thriving business,” Christie Simons, Audit & Assurance partner at Deloitte & Touche, said in a statement. “Over the nearly 30 years we’ve been compiling the Technology Fast 500, we’ve seen new categories emerge, growth rates explode and certain regional markets shine from the bright talent they attract. We are proud of all the winners for achieving this well-deserved honor.”
Read on below for details on the top five Austin-area tech companies included in this year’s Deloitte ranking and be sure to check out the full list.
Top Austin Tech Companies on Deloitte's 2023 Technology Fast 500
- L7 Informatics, Inc.
- Atmosphere
- Measured
- Digital Turbine, Inc.
- The Helper Bees
Ranked #250, 558% Growth
Aiming to help older adults experience the independence of aging in place, The Helper Bees works to provide the infrastructure for payers to access, deploy and scale services into homes. Helper Bees recently announced a partnership with Continental General Insurance that allows policyholders to access The Helper Bees’ Care Concierge Program where older adults can find in-home services that allow them to live independently and with dignity.
Ranked #230, 622% Growth
Digital Turbine provides mobile advertising solutions to help users discover new and engaging apps across various genres. The company recently announced a partnership with Android smartphone manufacturer Xiaomi that will expand its app recommendation solution to Xiaomi smartphone users across the globe.
Ranked #199, 707% Growth
Helping marketing teams for e-commerce brands better allocate their ad spend and increase sales, Measured offers a media optimization platform that provides ad spend recommendations based on every campaign’s actual incremental contribution to that brand’s sales. The company recently added three new members to its executive team, including SVPs of product, marketing and customer success.
Ranked #104, 1422% Growth
Atmosphere helps businesses provide entertainment to their customers with its streaming TV platform. Several entities have independent channels available on Atmosphere’s platform, including Guinness World Records and Red Bull. The company secured a $65 million round of Series D capital in February.
Ranked #77, 2047% Growth
Serving life sciences and healthcare organizations, L7 Informatics aims to bring flexible, secure and collaborative data intelligence to its customers’ operations. The company expanded its European operations in the summer of 2023. Its goal is to modernize how scientific data is managed, analyzed and used to facilitate breakthroughs in research, drug discovery, development and manufacturing.
