Over the past few years, Colorado has become home to a variety of tech companies, several of which have moved from California or New Zealand. As the state’s tech scene continues to grow, more local companies are receiving national recognition.
According to the Deloitte 2022 Technology Fast 500 list, 17 of the 500 fastest-growing technology companies in North America are from Colorado. This is nearly double the number of local companies that landed on the list last year.
“It’s inspiring to see nearly twice as many Colorado companies featured in this year’s Fast 500 list versus last year, which I believe speaks to the innovation boom our region has experienced over the last few years,” Chris Schmidt, managing partner for Deloitte’s Denver office, said in a statement. “As Colorado continues to attract top talent and foster innovation, I look forward to seeing even more entrepreneurs dare to make their big ideas reality.”
Companies on this year’s list were chosen based on their fiscal year revenue growth between 2018 and 2021. The 28th annual list ranks companies based on their percentage growth rate and includes businesses spanning the technology industry, including fintech, media, life sciences, insurtech and more.
According to this year’s ranking, Colorado-based companies grew their revenue from 243 percent to a whopping 9,899 percent. Denver-based Fluid Truck was the fastest-growing company, ranking ninth on the national list.
Several Colorado companies on the 2022 Deloitte list, also landed on this year’s Inc. 5000 list of the fastest-growing, privately-held businesses in the U.S.
Read on to learn more about on the top five Colorado tech companies included in this year’s Deloitte ranking.
Top Colorado Tech Companies on Deloitte's 2022 Technology Fast 500
- Fluid Truck
- Harvest Hosts
- Pie Insurance
- Arrive Health
- Maxwell
Maxwell: Rank #62, 2,845% Growth
Denver-based Maxwell is a fintech company that aims to make the mortgage process cheaper and faster for borrowers and lenders. Maxwell was founded in 2015 and graduated from Techstars Boulder in 2016. The company raised a $52.5 million round last year to hire additional staff.
Arrive Health: Rank #61, 2,873% Growth
Founded in 2013, Arrive Health is a Denver-based company that provides doctors and healthcare professionals with information about patient coverage and prescription drug prices. Its platform aims to combat high prescription drug prices and save consumers money. The healthtech company raised a $7 million Series B round last year to advance its product and technology.
Pie Insurance: Rank #45, 3,668% Growth
The Denver-based insurtech company offers workers’ compensation insurance to small businesses. Earlier this year, Pie Insurance raised a $315 million Series D round, bringing its total capital raised to more than $615 million. The company is actively hiring for roles across various departments.
Harvest Hosts: Rank #30, 5,704% Growth
Harvest Hosts is a membership-based booking platform that allows RV users to book stays at golf courses, farms, wineries, breweries and other unique locations throughout the U.S. Last year, the Vail-based company raised $37 million and acquired Boondockers to double its footprint. The company now connects RV users with more than 5,000 locations.
Fluid Truck: Rank #9, 9,899% Growth
The on-demand commercial vehicle rental platform allows users to rent electric vehicles, trucks, vans and more. Denver-based Fluid Truck was founded in 2016 and has raised $64.7 million in funding to date, according to Crunchbase, including a $63 million round last year. Last year the company also announced plans to expand its headquarters and bring 1,500 jobs to the Centennial State. Fluid Truck is now hiring for roles across its engineering, analytics, operations, product and finance teams.
