The national ranking featured companies across a range of industries, from logistics to healthcare, fintech and more.
Every year, consulting firm Deloitte releases its list of the fastest-growing tech companies in North America. This 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 list is also a good way to keep a finger on the pulse of which companies are experiencing the most success, and what industries are especially hot right now.
The 2021 Technology Fast 500 list featured tech companies across a span of industries, from media, to life sciences, fintech, energy and more. It also features companies from all over the U.S. and Canada.
This year, six Chicago-area companies made it onto the list. That’s a slight downgrade from the nine companies to make the list in 2020 and the 12 companies to make the list in 2019. That being said, a handful of companies that made the cut in previous years made repeat appearances on this year’s list.
“Even amid the ongoing pandemic, Chicago’s diverse ecosystem of start-ups continues to be a bright spot for our local economy,” Tracy Harrison, managing director and Chicago emerging growth company practice leader at Deloitte & Touche LLP, said in a statement shared with Built In. “The six Chicagoland companies on this year’s list exemplify the city’s innovative and resilient spirit that is helping make the city an attractive hub for entrepreneurs. As we look ahead to 2022, we hope to see even more Chicago-area companies join their ranks next year.”
LogicGate
LogicGate
Rank #152, 899% Growth
Rank #152, 899% Growth
LogicGate’s revenue grew nearly 900 percent from 2017 to 2020, earning it a spot in the top 200 of the Deloitte list. The company develops software to automate risk and compliance processes. In July, LogicGate announced the close of its $113 million Series C funding round, which brought the company’s total funding raised to $156 million. Back then, the company revealed that it had plans to double the size of its company over the next 18 months, and it’s still working to achieve this goal — with many roles open right now.