Deloitte, a global accounting and consulting firm, released its 2024 Technology Fast 500 list. The ranking features the fastest-growing technology and life sciences companies in North America. The 30th annual list featured 10 companies from Colorado. Last year’s list featured 14 companies.
Companies on the list were chosen based on their fiscal year revenue growth between 2020 and 2023 and ranked based on their percentage growth rate. Overall, the companies featured achieved revenue growth ranging from 201 percent to 153,625 percent over this three-year period. The technology sector, as well as the media, telecommunications, life sciences, fintech and energy tech industries, are represented on the list.
“The strength of Colorado’s startup community lies in its unwavering support and collaboration,” Alexie Tune, managing director, Deloitte & Touche and Denver emerging growth companies practice leader, said in a statement. “This year’s Fast 500 companies demonstrate how our region’s collective effort can drive remarkable innovation and success.”
Read on below for details on the top five Colorado tech companies included in this year’s Deloitte ranking and be sure to check out the full list.
Top Colorado Tech Companies on Deloitte’s 2024 Technology Fast 500
- Caliola Engineering
- Pie Insurance
- Pathify
- FusionAuth
- Pax8
Ranked #216, 371% Growth
Denver-area company Pax8 offers a cloud commerce marketplace for managed service providers. Its solution allows MSPs to buy, sell and manage cloud solutions, helping to accelerate their cloud journey and maximize their return on investment. Pax8 has risen in the Fast 500 rankings since last year when it ranked no. 248. The company recently launched its Pax8 Voyager Alliance to help partners drive growth and success.
Ranked #283, 409% Growth
FusionAuth provides developers with tools for adding integrated authentication and authorization features to their apps. The company’s platform enables biometric authentication, passwordless login, API access, user registration and more. FusionAuth’s API-first solution aims to help developers build their products while also ensuring customers can meet compliance and security requirements.
Ranked #216, 544% Growth
Pathify works to improve student experiences across the entire student lifecycle. The company offers cloud-based software intended to drive engagement, with personalized information, content and resources delivered on any device. Pathify acquired edtech company Navengage back in June.
Ranked #117, 1,008% Growth
Pie is a commercial insurance provider offering data-driven tools to help small business owners receive ample coverage at competitive rates. The company also offers workers compensation and commercial auto insurance solutions. Its auto insurance for vehicle fleets is available in seven U.S. states, according to a company announcement from July this year.
Ranked #102, 1,178% Growth
Caliola Engineering is headquartered in Colorado Springs. The company operates in the defense and space manufacturing space, providing solutions and services to enable mission-critical communications. Its areas of focus span military satellite communications, software-defined radio, autonomous airborne systems, non-traditional cybersecurity architectures and assured position, navigation and timing.
