PureCars’ Growth Recognized on Deloitte’s Technology Fast 500™
PureCars Ranks 234 With Three-Year Revenue Growth of 390 Percent
ATLANTA - November 15, 2018 - PureCars today announced it ranked 234 on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. PureCars grew 390 percent during this period.
"We are proud to be included in Deloitte's Technology Fast 500 list," said Sam Mylrea, CEO of PureCars. "The automotive technology industry is experiencing a transformative period of change, and we attribute our growth this year to consistently evolving and delivering new, innovative solutions that fully utilize the latest advancements in data and technology to help dealers better serve their customers."
To meet the demands of its growing clientele, PureCars has hired more than 75 employees in the past year. Additionally, it has recently expanded its efforts to the Canadian market, bringing more than a decade of experience to its Canadian customers.
“Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth.”
Overall, 2018 Technology Fast 500 companies achieved revenue growth ranging from 143 to 77,260 percent from 2014 to 2017, with median growth of 412 percent.
“Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “This year’s ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth.”
To learn more about PureCars and its products, leadership and accolades, visit purecars.com.
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About PureCars
Since 2007, PureCars has provided dealers with the tools and resources needed to thrive in a digital-first world. Its suite of solutions combine marketing automation with business intelligence to optimize digital campaigns and maximize growth through sales. More than 3,000 dealers partner with PureCars on their digital strategies between the US and Canada. To learn more about the company and its solutions visit www.purecars.com.
About Deloitte’s 2018 Technology Fast 500
Deloitte’s 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 are selected based on percentage fiscal year revenue growth from 2014 to 2017.
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.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.