Attributes 60,259% revenue growth to surging demand for personalized experiences
November 19, 2021 — GetUpside, a retail technology company, today announced it ranked #2 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, now in its 27th year. GetUpside grew 60,259% between 2017 and 2020.
“The growth we’ve achieved in the last 3 years all comes down to our profit sharing business model. We’re proud of this growth, but our revenue numbers are only a small fraction of the proven, incremental profit we’ve delivered to the retailers we work with,” said GetUpside co-founder and CEO Alex Kinnier. “As our users get more value and more purchasing power out of their everyday purchases, businesses do better and so does GetUpside. And together, that’s how we’re helping our communities thrive.”
“Each year the Technology Fast 500 shines a light on leading innovators in technology and this year is no exception,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “In the face of innumerable challenges resulting from the pandemic, the best and brightest were able to pivot, reinvent and transform and grow. We celebrate the winning organizations and especially the talented employees driving their success.”
“The pandemic has underscored the urgent need for tech solutions in a variety of areas across health care, fintech, energy tech, entertainment, to name a few, so reliance on innovators like the winners of the Technology Fast 500 is more important than ever,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit & assurance practice. “These companies are not only at the cutting edge, transforming the way we do business, but most importantly, recognize the strategic importance of ongoing innovation, especially in the ever-changing world of technology.”
About the 2021 Deloitte Technology Fast 500™
Now in its 27th 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 2017 to 2020.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
GetUpside is a retail technology company on a mission to help communities thrive. Our technology has helped tens of millions of people earn 2 to 3 times more cash back than any other product and tens of thousands of brick and mortar businesses earn measurable profit. Billions of dollars in commerce runs through the GetUpside platform every year, and that value goes directly back to our retailers, the consumers they serve, and towards important sustainability initiatives. GetUpside is headquartered in Washington, D.C. www.getupside.com
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