San Francisco, CA., November 8, 2023— RideCo is recognized as one of North America's top innovative and fastest-growing companies by Deloitte’s Technology Fast 500 North America Program (2023.)
The Deloitte Technology Fast 500 ranks the fastest-growing public and private technology, life sciences, fintech, and energy tech companies based on three-year percentage revenue growth. With an impressive growth rate of 3162%, RideCo secures its position among this elite group of industry leaders, ranking 49th in the 2023 North America list. This high-profile award acknowledges RideCo's commitment to innovation and its disruptive impact across technology, innovation, and transportation sectors.
This award is more than just recognition; it serves as a benchmark of RideCo’s success, providing increased visibility with investors, enhanced brand and customer recognition, and a positive influence on employee recruitment, retention, and morale. It offers opportunities for local, national, and global exposure, as well as valuable networking opportunities at Technology Fast 500 events.
To qualify, companies must have a minimum of four years in business, be headquartered within North America, and demonstrate significant growth with a growth rate of 75% or greater over the three years. Additionally, companies must own proprietary intellectual property or technology, contributing to a majority of the company's operating revenues.
RideCo is honoured by this achievement, which highlights its dedication to innovation, excellence, and transformative impact in the transportation industry. The company extends its gratitude to its dedicated team, riders, community members, and partners for their contributions to RideCo’s success. RideCo looks forward to advancing its journey of growth, innovation, and impact in the years ahead. A quote could be weaved here by the RideCo Team
About Deloitte - Technology Fast 500™ 2023 North America Program.
The Deloitte Technology Fast 500 honours the most innovative and fastest-growing companies across North America. The program recognizes the passion and dedication it takes to be an industry disrupter across the technology, media, telecommunications, life sciences, fintech, and energy tech sectors. And by joining this elite group, companies can receive increased visibility, brand recognition, and growth opportunities.
The rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period. With so many entrants meeting the eligibility criteria this year, we expanded the 2023 Winners’ List to include those companies that achieved a growth rate of 200 percent or higher, as a celebratory sign that tech companies are thriving even amidst challenging economic times. To learn more visit www.deloitte.com/fast500.
About RideCo:
RideCo is an industry leader in on-demand transit technology, enabling on-demand ridesharing for transit riders around the globe. We partner with transit agencies, municipalities, and experienced local fleet operators to design and operate on-demand transit services. Our solutions reduce travel time, decrease walking distance, and increase service frequency for riders while lowering transit agencies' cost-per-ride, reducing demand for parking, and attracting net new riders to transit systems. RideCo continuously drives new innovation and to-date has been awarded U.S. Patent Nos. 10,248,913; 10,853,743; and 11,429,910. To learn more about our proprietary cloud-based platform and how it can revolutionize mobility in your city, visit www.rideco.com.
