For the second straight year, CarProof Vehicle History Reports has ranked among the Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Canada.
For over 13 years, the Deloitte Technology Fast 50 program has tracked the successful growth of Canadian-grown global leaders. Now Canada’s pre-eminent technology award program, the Deloitte Technology Fast 50 augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking.
“Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of an uncertain global economic recovery,” said John Ruffolo, national leader, technology, media and telecommunications industry group, Deloitte.
“CarProof is an example of the determination, drive and skill that will serve to position them for further growth and success in the years to come.”
CarProof's president, Paul Antony credits the dedication and passion of CarProof’s staff, the commitment from data providers and the company’s customers for its revenue growth.
“We are truly honoured to receive this recognition for the second straight year. It is a very gratifying reward for all of our hard work,” Antony said.
To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least five years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, and conduct research and development activities in Canada.
A panel of industry experts evaluate and judge companies based on four key criteria: competitive advantage; size, growth, and market attractiveness; management effectiveness and organization; and financial performance.