Sixteen is sweet indeed.

Evisort garnered the 16th position on the 2022 Deloitte Technology Fast 500™ list – a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 28th year. In the California Bay area – which included 20% of the Technology Fast 500 winners – Evisort ranked second.

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“When you’re focused on innovating, on continuously developing new technology for customers, it can be astounding and humbling to look back and see how solidly Evisort has grown,” said Evisort’s Co-Founder and CEO Jerry Ting. “We are thrilled to be recognized for our impact on the industry, and most importantly, grateful for the trust and partnerships of our customers. Evisort has only started our journey, and I’m so excited to see where it takes us.”

Deloitte’s Technology Fast 500 recipients are selected based on the percentage of fiscal year revenue growth from 2018 to 2021. Overall, the 2022 Technology Fast 500 companies achieved revenue growth ranging from 241% to 125,138% over the three-year time frame, with a median growth rate of 611%.

Evisort’s Co-Founder and Chief Technology Officer, Amine Anoun, credits the company’s investment in artificial intelligence (AI), making it possible for teams to quickly extract actionable intelligence from business contracts in a scalable, economical way. "Our team has invested in groundbreaking innovations out of our Evisort AI Labs, our research organization,” Anoun said. “As users continue to expect AI to work across the contract lifecycle, they will require AI to work for their specific needs and use cases. The breakthrough capabilities we have – such as generative AI – will help these customers accelerate their businesses. We’re looking forward to seeing this technology continue to grow and enhance business operations.”

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, and current-year operating revenues of at least $5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.