Company Attributes 702 Percent Revenue Growth to Expanded Solution Offerings, Acquisitions, Partnerships and Growing Customer Base
ShopKeep, the top rated tablet to cloud point of sale and payments platform chosen by over 24,000 independent retailers and restaurants, today announced it ranked 155 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. This is ShopKeep’s second consecutive year being included within the rankings, reflecting the Company’s 702 percent revenue growth from 2013 to 2016. The Company once again saw remarkable growth in its merchant customer base, with increases occurring across retail, quick-service and full service restaurant segments.
“We are honored to be ranked among Deloitte’s list of fastest growing technology companies for the second consecutive year, as we continue to drive innovation and expand our platform to better serve independent businesses everywhere,” said Michael DeSimone, Chief Executive Officer of ShopKeep. “As the operating environment for businesses continues to be reshaped by fast-paced advances in technology, SMB merchants must be in position to evolve in order to meet the expectations of their customers, help them grow, and be successful. We remain committed to equipping our customers with the sophisticated business management capabilities and insights they need to compete in the modern business landscape.”
ShopKeep previously ranked 116 as a Technology Fast 500™ award winner for 2016. The Company was also ranked 28 on the 2017 Crain’s New York Business’ Fast 50 list earlier this year. Developed and designed for small business owners, by small business owners, ShopKeep transforms the iPad into a connected cash register. The nimble and secure iPad POS allows independent retailers and restaurants to tap into sophisticated operations management technology without the high level of costs and complexity traditionally associated with point of sale systems.
Overall, 2017 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 59,093 percent from 2013 to 2016, with median growth of 380 percent.
About Deloitte’s 2017 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 2013 to 2016.
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.
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.
Everything ShopKeep does supports growing and independent businesses. Built by and for small business owners, ShopKeep provides an intuitive, secure, iPad point-of-sale system with POS software that empowers merchants to run smarter businesses by optimizing staffing, managing inventory and accessing real time sales reports and customer information on one seamless, cloud-based platform. With more than 23,000 customers, ShopKeep’s award-winning customer care team is available to help 24/7 and provides a robust support network for growing business owners. ShopKeep is headquartered in New York City, with offices in Portland (OR), Chicago (IL), and Belfast (NIR). Visit www.shopkeep.com to learn more about ShopKeep’s POS system. You can also join the conversation on the ShopKeep blog and follow us @ShopKeep on Twitter.