The startup ranked 48 on the 2021 list
Rossland, B.C. – November 17, 2021 – ThoughtExchange, the world’s only Enterprise Discussion Management platform powered by patented anti-bias technology, today announced it ranked 48 on the Deloitte Technology Fast 50™ program award for rapid revenue and usage growth. The program recognizes Canada’s 50 fastest-growing technology companies with the highest revenue-growth percentage over the past four years. ThoughtExchange ranks 48 with a 257 percent in revenue growth from 2017 to 2020. The recognition cements ThoughtExchange as the must-have enterprise tool used by leaders at top Fortune 500 companies including GE Healthcare, SAP and Oracle NetSuite, to strategically align and seek unbiased input from their distributed workforces.
The Deloitte Technology Fast 50 program winners consist of companies in the technology sector, which have transformed the industry. Now in its 24th year, the program runs alongside the broader Deloitte North American Technology Fast 500™, with winners automatically eligible for this elite ranking. This accolade on the Deloitte Technology Fast 50 list for ThoughtExchange marks an additional recognition from Deloitte, having secured 48th spot on the Deloitte North American Technology Fast 500™ list.
ThoughtExchange’s CEO, Dave MacLeod, finds his progressive vision at the epicenter of the workplace revolution conversation. Taking into consideration the company’s 257% revenue growth over the past three years, it’s clear he and his team are just getting started empowering leaders to successfully navigate the unique challenges and opportunities presented by today’s rapidly shifting workplace. “We are honored to make this list of fastest-growing technology companies in Canada,” said MacLeod. “This recognition by Deloitte underscores the value in our ability to help customers surface their most important discussion insights from across their entire organizations, fueling sharper decisions, right actions and better performance.”
“As we rise above another year of uncertainty, we are exceptionally proud to announce this year’s Fast 50 winners,” stated Anders McKenzie, partner and national leader for the Technology Fast 50 program at Deloitte Canada. “These innovative trailblazers have demonstrated resilience, true commitment to innovation, adaptability, and business leadership as we cope with an ever-changing new normal. The Fast 50 companies act as catalysts, driving growth of Canadian business.”
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 5% of gross revenues in R&D.
ThoughtExchange helps leaders in healthcare organizations, governments, leading tech startups, and thousands of educational leaders across the globe. In the first three months of the COVID-19 pandemic, as many businesses struggled to stay afloat amid seismic operational and economic shifts, ThoughtExchange saw a year-over-year user growth of over 600%. The company has secured $50 million in funding to date, including $34M Series B funding in November 2020.
About the Deloitte Technology Fast 50™ program
The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features distinct categories, including the Technology Fast 50 ranking, Enterprise Fast 15, Clean Technology, and Companies-to-Watch. The program also recognizes companies within the North American Technology Fast 500 ranking, identifying technology companies in the United States and Canada. The 2021 program sponsors include Deloitte, RBC, EDC, Miller Thomson, Clarity Recruitment, and Lafond. For further information, visit www.fast50.ca.
ThoughtExchange is the only Enterprise Discussion Management platform powered by patented anti-bias technology. Modern leaders use ThoughtExchange to quickly gain critical insights and improve decision making. Whether you’re engaging ten stakeholders or a community of 10,000 people, ThoughtExchange allows leaders to drive strategic discussions at scale.
Leaders use ThoughtExchange to increase alignment, improve performance, and drive better results. Unlike traditional surveys, respondents feel more comfortable answering questions candidly and our dynamic analytics make it simple for leaders to see which topics matter most.
ThoughtExchange was founded in Rossland, British Columbia, but our teams enjoy working remotely from anywhere.