Fast 500 2017 NORTH AMERICA
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500TM Technology Fast 500 2017 NORTH AMERICA 2017 Technology Fast 500 Recognizing growth The fastest growing technology companies START Updated November 9, 2017 at 7 p.m. EST ABOUT DELOITTE’S TECHNOLOGY FAST 500 THE TOP TEN BY THE NUMBERS THE LIST BIOTECHNOLOGY/PHARMACEUTICAL COMMUNICATIONS/NETWORKING Contents DIGITAL CONTENT/MEDIA/ENTERTAINMENT ELECTRONIC DEVICES/HARDWARE ENERGY TECH MEDICAL DEVICES SEMICONDUCTOR SOFTWARE CONTACTS As used in this document, “Deloitte” means Deloitte & Touche LLP, Deloitte Tax LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, and Deloitte Transactions and Business Analytics LLP which are MORE INFORMATION separate subsidiaries of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting. 2 2017 Technology Fast 500 | Recognizing growth ABOUT DELOITTE’S BY THE MORE THE TOP TEN THE LIST CONTACTS TECHNOLOGY NUMBERS INFORMATION FAST 500 About Deloitte’s Technology Fast 500 The Deloitte Technology Fast 500 is the leading technology awards program in North America (US and Canada) with 2017 being its twenty-third anniversary. Combining technological innovation, entrepreneurship, and rapid growth, Fast 500 companies—large, small, public, and private—span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, life sciences, and emerging areas, such as clean technology. These companies are on the cutting edge and are transforming the way we do business today. SELECTION AND QUALIFYING CRITERIA Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences, and energy tech companies—both public and private—in North America. Technology Fast 500 award winners for 2017 are selected based on percentage fiscal year revenue growth during the period from 2013 to 2016. 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 $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years, and be headquartered within North America. This ranking is compiled from nominations submitted directly to the Technology Fast 500 website, and public company database research conducted by Deloitte LLP. PROGRAM INFORMATION If you would like to learn more about the Technology Fast 500 program, please register here to receive e-mail alerts. To download a copy of 2017 rankings go to: www.Fast500.com. 3 2017 Technology Fast 500 | Recognizing growth ABOUT DELOITTE’S BY THE MORE THE TOP TEN THE LIST CONTACTS TECHNOLOGY NUMBERS INFORMATION FAST 500 The Top Ten Rank Company name Primary industry % Growth City St./Prov. CEO name 1 Donuts Inc. Communications/networking 59,093% Kirkland WA Bruce Jaffe 2 ClassPass Inc. Software 46,556% New York NY Fritz Lanman 3 Toast Software 31,250% Boston MA Chris Comparato 4 Aratana Therapeutics, Inc. Biotechnology/pharmaceutical 31,242% Leawood KS Steven St. Peter 5 Theravance Biopharma US, Inc. Biotechnology/pharmaceutical 21,426% South San Francisco CA Rick E Winningham 6 Liftoff Software 16,981% Palo Alto CA Mark Ellis 7 SalesLoft Software 13,759% Atlanta GA Kyle Porter 8 ShipHawk Software 13,638% Santa Barbara CA Jeremy Bodenhamer 9 iSpot.tv Software 13,323% Bellevue WA Sean Muller 10 Cylance Inc. Software 13,057% Irvine CA Stuart McClure 4 2017 Technology Fast 500 | Recognizing growth ABOUT DELOITTE’S BY THE MORE THE TOP TEN THE LIST CONTACTS TECHNOLOGY NUMBERS INFORMATION FAST 500 By the numbers 17 of the top 20 are private 70% companies companies 3-year 120 have received growth rate: 66% 34% companies had venture Private Public capital/private 1,000% growth equity funding 59,093% or higher in their history 135% Software remains the leading industry with 293 companies. Biotechnology/pharmaceutical is on the rise with a 4% increase from last year. 5 2017 Technology Fast 500 | Recognizing growth ABOUT DELOITTE’S BY THE MORE THE TOP TEN THE LIST CONTACTS TECHNOLOGY NUMBERS INFORMATION FAST 500 By the numbers (cont.) Artificial 11% 1% intelligence DIGITAL CONTENT/MEDIA/ Cloud ENTERTAINMENT 7% services 9% Data 17% analytics BIOTECHNOLOGY/ PHARMACEUTICAL Consumer 4% software Enterprise 4% 19% software MEDICAL DEVICES WINNERS BY INDUSTRY SECTOR 59% 4% SOFTWARE COMMUNICATIONS/ NETWORKING 6% Mobile 3% 43% SaaS ELECTRONIC 1% DEVICES/HARDWARE ENERGY TECH 9% Security Internet 1% Social 1% of things 1% networking SEMICONDUCTOR 6 2017 Technology Fast 500 | Recognizing growth ABOUT DELOITTE’S BY THE MORE THE TOP TEN THE LIST CONTACTS TECHNOLOGY NUMBERS INFORMATION FAST 500 By the numbers (cont.) 3-YEAR MEDIAN PERCENTAGE GROWTH RATE—BY SECTOR 170% 219% 226% 232% 244% 371% 453% 543% Semiconductor Medical devices Energy tech Communications/ Electronic Software Biotechnology/ Digital content/ networking devices/hardware pharmaceutical media/ entertainment 7 2017 Technology Fast 500 | Recognizing growth ABOUT DELOITTE’S BY THE MORE THE TOP TEN THE LIST CONTACTS TECHNOLOGY NUMBERS INFORMATION FAST 500 By the numbers (cont.) 2017 TECHNOLOGY FAST 500 COMPANIES BY COMPANY HEADQUARTERS 70 CANADA 25 Seattle 2 2 Minnesota 1 Portland 1 1 Wisconsin Idaho Michigan 32 1 12 12 7 79 New England 5 Iowa Chicago 1 2 Salt Lake 1 Ohio 12 Tri-State City Pittsburgh 27 91 Denver 2 Philadelphia Nevada Indiana 1 Greater Washington Silicon Valley/ Missouri 1 Kentucky SF Bay Area 38 2 Oklahoma 6 LA/Orange New 19 County 16 Mexico Arizona 8 Carolinas Dallas 1 Atlanta San Diego 4 4 Alabama Central Texas/ Austin Houston 14 Florida 8 2017 Technology Fast 500 | Recognizing growth ABOUT DELOITTE’S BY THE MORE THE TOP TEN THE LIST CONTACTS TECHNOLOGY NUMBERS INFORMATION FAST 500 The list The following listing has been sorted by industry and rank. To view the list by overall ranking, visit www.Fast500.com. Ranking determined based on a tenth of a percentile. BIOTECHNOLOGY/PHARMACEUTICAL RANK COMPANY NAME % GROWTH CITY ST./PROV. CEO NAME 4 Aratana Therapeutics, Inc. 31,242% Leawood KS Steven St. Peter 5 Theravance Biopharma US, Inc. 21,426% South San Francisco CA Rick E. Winningham 26 Coherus BioSciences, Inc. 6,810% Redwood City CA Dennis Lanfear 36 AGTC 4,928% Alachua FL Sue Washer 46 Lexicon Pharmaceuticals, Inc. 3,651% The Woodlands TX Lonnel Coats 49 Acura Pharmaceuticals, Inc. 3,529% Palatine IL Robert B. Jones 54 NewLink Genetics Corporation 3,172% Ames IA Charles J. Link Jr., M.D. 55 Innoviva, Inc. 2,847% Brisbane CA Michael W. Aguiar 60 Trevena, Inc. 2,678% Chesterbrook PA Maxine Gowen 68 Exact Sciences Corporation 2,324% Madison WI Kevin Conroy 73 Eleven Biotherapeutics 2,147% Cambridge MA Stephen A. Hurly 79 Navidea Biopharmaceuticals, Inc. 1,843% Dublin OH Michael M. Goldberg, M.D. 84 Alimera Sciences, Inc. 1,707% Alpharetta GA Dan Myers 85 Supernus Pharmaceuticals, Inc. 1,689% Rockville MD Jack A. Khattar 9 2017 Technology Fast 500 | Recognizing growth ABOUT DELOITTE’S BY THE MORE THE TOP TEN THE LIST CONTACTS TECHNOLOGY NUMBERS INFORMATION FAST 500 The list (cont.) BIOTECHNOLOGY/PHARMACEUTICAL RANK COMPANY NAME % GROWTH CITY ST./PROV. CEO NAME 86 Sorrento Therapeutics, Inc. 1,672% San Diego CA Henry Ji 90 CytomX Therapeutics, Inc. 1,594% South San Francisco CA Sean McCarthy 96 Intercept Pharmaceuticals, Inc. 1,438% New York NY Mark Pruzanski 97 T2 Biosystems, Inc. 1,434% Lexington MA John McDonough 98 Acadia Pharmaceuticals, Inc. 1,414% San Diego CA Stephen R. Davis 106 Eagle Pharmaceuticals Inc. 1,283% Woodcliff Lake NJ Scott Tarriff 107 Adaptive Biotechnologies 1,274% Seattle WA Chad Robins 109 Amicus Therapeutics, Inc. 1,266% Cranbury NJ John F. Crowley 116 Opko Health, Inc. 1,166% Miami FL Phillip Frost 117 Ironwood Pharmaceuticals 1,097% Cambridge MA Peter Hecht 127 Alliqua BioMedical, Inc. 913% Yardley PA David Johnson 130 Orexigen Therapeutics, Inc. 883% La Jolla CA Michael Narachi 140 Progenics Pharmaceuticals, Inc. 783% New York NY Mark Baker 141 Neos Therapeutics, Inc. 776% Grand Prairie TX Vipin Garg 145 Xencor, Inc. 761% Monrovia CA Bassil I. Dahiyat, Ph.D. 146 ZIOPHARM Oncology, Inc. 758% Boston MA Laurence J.N. Cooper 10 2017 Technology Fast 500 | Recognizing growth ABOUT DELOITTE’S BY THE MORE THE TOP TEN THE LIST CONTACTS TECHNOLOGY NUMBERS INFORMATION FAST 500 The list (cont.) BIOTECHNOLOGY/PHARMACEUTICAL RANK COMPANY NAME % GROWTH CITY ST./PROV. CEO NAME 150 Immune Design 729% Seattle WA Carlos Paya, M.D., Ph.D. 153 Intrexon 704% Blacksburg VA Randal J. Kirk 158 Corcept Therapeutics, Inc. 685% Menlo Park CA Joseph K. Belanoff 167 Agenus Inc. 641% Lexington MA Garo Armen 168 Proteostasis Therapeutics, Inc. 635% Cambridge MA Meenu Chhabra 174 Ocera Therapeutics, Inc. 616% San Diego CA Linda Grais 176 Athersys, Inc. 612% Cleveland OH Gill Van Bokkelen 180 Fate Therapeutics, Inc. 603% San Diego CA Scott Wolchko 190 AMAG Pharmaceuticals, Inc. 558% Waltham MA William K. Heiden 203 Exelixis, Inc. 511% San Francisco CA Michael M. Morrissey 213 Viveve, Inc. 461% Englewood CO Patricia Scheller 218 Glaukos Corporation 446% San Clemente CA Thomas W. Burns 233 Neurocrine Biosciences, Inc. 414% San Diego CA Kevin C. Gorman 236 Pfenex, Inc. 405% San Diego CA Eef Schimmelpennink 239 CV Sciences, Inc. 403% Las Vegas NV Michael J. Mona 249 Geron Corporation 380% Menlo Park CA John Scarlett 11 2017 Technology Fast 500 | Recognizing growth ABOUT DELOITTE’S BY THE MORE THE TOP TEN THE LIST CONTACTS TECHNOLOGY NUMBERS INFORMATION FAST 500 The list (cont.) BIOTECHNOLOGY/PHARMACEUTICAL RANK COMPANY NAME % GROWTH CITY ST./PROV. CEO NAME 256 Keryx Biopharmaceuticals, Inc. 357% Boston MA Greg Madison 275 Vanda Pharmaceuticals, Inc.