Washington, DC, November 14, 2023 — Upside announced today it ranked #293 nationally 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. Upside's impressive 452% growth during this period is attributed to its ongoing investments in grocery and restaurant offerings, along with expansion into new categories like hardware. These strategic initiatives are fueling adoption and fortifying the platform's cross-vertical engagement.
"We're grateful for the recognition of our sustained growth for the third year in a row. However, what truly fills me with pride is the ongoing positive impact we're making on the world," shared Alex Kinnier, Upside's co-founder, and CEO. "To date, we've returned $575 million in cash to our users, generated $1.3 billion in profit for our retailer partners, and allocated 1% of our revenue to support sustainability initiatives."
“Each year we look forward to reviewing the progress and innovations of our Technology Fast 500 winners. This year is especially celebratory as we expand the number of winners to better represent just how many companies are developing new ideas to progress our society and the world, especially during a slow economy,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader.
Since it was founded in 2016, Upside has partnered with over 100,000 grocery stores, restaurants, gas stations, and convenience stores nationwide, giving 30 million consumers access to its offers via its app and partner apps. Looking ahead, Kinnier has articulated broader ambitions in a recent vision statement, encompassing product experiences, categories, partnerships, and more.
Upside was ranked #3 by Deloitte among the fastest-growing companies in Washington, DC, where its headquarters are located. The company also has offices in Austin, Chicago, and New York City. Upside is currently hiring for positions based in our offices, remotely, or a combination of both. To learn more about job opportunities at Upside, visit our career page.
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About the 2023 Deloitte Technology Fast 500™
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 457,000 people worldwide connect for impact at www.deloitte.com.
Upside is a digital marketplace that connects millions of consumers with brick and mortar retailers nationwide. Since 2016, Upside's personalized offers have empowered individuals to gain greater purchasing power for their essential needs and helped businesses achieve measurable profits. Billions of dollars in commerce run through the Upside platform every year, and that value goes directly back to our retailers, the consumers they serve, and towards important sustainability initiatives. For more: www.upside.com.