Attributes 890% Revenue Growth to innovation in construction technology and unwavering customer-first approach.
Kitchener, ON, Nov. 21, 2024 (GLOBE NEWSWIRE) -- DOZR announced today it ranked No. 129 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 30th year. DOZR grew 890% during the four-year award program period.
DOZR's chief executive officer, Kevin Forestell, credits the company's commitment to innovation in the equipment rental industry and its customer-first approach with the company's 890% revenue growth. "Our success comes from helping contractors win,” he said. "By focusing on real-world challenges, our team has built a platform that simplifies equipment rental across North America, keeping our customers' projects on track and their businesses moving forward.”
"For 30 years we've been celebrating companies that are actively driving innovation. The software industry continues to be a beacon of growth, and the fintech industry made a strong showing on this year's list, surpassing life sciences for the first time,” said Steve Fineberg, vice chair, U.S. technology sector leader, Deloitte. "Significantly, we also saw a breakthrough in performance of private companies, with the highest number of private companies named to the list in our program's history. This year's winners have shown they have the vision and expertise to continue to perform at a high level, and that deserves to be celebrated.”
"Innovation, transformation and disruption of the status quo are at the forefront for this year's Technology Fast 500 list, and there's no better way to celebrate 30 years of program history,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte's Audit & Assurance practice. "This year's winning companies have demonstrated a continuous commitment to growth and remarkable consistency in driving forward progress. We extend our congratulations to all of this year's winners - it's an incredible time for innovation.”
DOZR has also ranked 24 in the Deloitte Canada's Technology Fast 50™ awards program for 2024.
About the 2024 Deloitte Technology Fast 500
Now in its 30th 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 2020 to 2023.
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.
About DOZR
DOZR is North America's leading marketplace for heavy equipment rentals, connecting contractors with a network of over 4,000 equipment rental suppliers. Founded by construction professionals, DOZR combines industry expertise with a user-friendly platform to deliver seamless rental experiences. DOZR supports thousands of contractors and suppliers across Canada and the U.S., offering real-time access to a wide selection of equipment.
About Deloitte
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 460,000 people worldwide connect for impact at www.deloitte.com.
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CONTACT: Erin Stephenson
DOZR
1-844-556-8464
media@dozr.com