Volanté Systems Ranked Number 282 as one of the Fastest Growing Companies in North America on Deloitte’s 2020 Technology Fast 500™ and Number 49 in Canada on Deloitte’s 2020 Technology Fast 50™
Volanté Systems has seen a 391 Percent Revenue Growth since 2016. Amidst unprecedented times they have continuously managed to persevere, providing businesses in the hospitality industry with unwavering support, service, and top-tier cloud point of sale solutions.
Toronto, November 26, 2020 — Volanté Systems today announced it ranked 282 on Deloitte’s Technology Fast 500™ list. The 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 for 2020 are selected based on percentage fiscal year revenue growth during the period from 2016 to 2019. Additionally, the company achieved a ranking of 49 in Canada on Deloitte’s Technology Fast 50™ . This category is a ranking of Canada’s 50 fastest-growing technology, media, and telecommunications companies by revenue growth percentage over their last four years of operation. Volanté Systems grew an impressive 391 percent in revenue from 2016-2019.
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About the Deloitte Technology Fast 50™
Launched 23 years ago, the Technology Fast 50™ program celebrates the world-class achievements and the tremendous evolution of the Canadian technology sector. Combining technological innovation, entrepreneurship and rapid growth, Technology Fast 50™ companies—small, large, public, private—span a variety of industry sectors and are leaders in hardware, software, telecom, digital media and emerging areas such as clean technology. Technology Fast 50™ companies are making a difference in Canada’s technology community. For further information, visit www.fast50.ca
About Deloitte’s Technology Fast 500™
Now in its 26th year, the Deloitte Technology Fast 500 is the leading technology awards program in North America (US and Canada). Combining technological innovation, entrepreneurship, and rapid growth, Fast 500 companies—large, small, public, and private—span a variety of industry sectors and are leaders in hardware, software, telecom, semiconductors, life sciences, and emerging areas, such as energy technology. These companies are on the cutting edge and are transforming the way we do business today
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 Volanté Systems
Volanté Systems was founded in 2004 by a group of University of Waterloo Computer Science graduates. What began as a three-person basement project has developed into an industry-leading POS system with a team of over 100 employees in its Toronto, Ontario-based office. From the beginning, Volanté’s point of sale software has evolved based on customer requests and requirements and has continuously demonstrated its ability to be flexible, scalable, and reliable in the most rigorous and unpredictable environments across a diverse range of venues.