Accounting and consulting firm Deloitte released its 2023 Technology Fast 500 list, ranking the fastest-growing technology and life sciences companies in North America. The 29th annual list featured 14 companies from Colorado. Last year’s list featured 17 companies from the state.
Companies on the list were chosen based on their fiscal year revenue growth between 2019 and 2022 and ranked based on their percentage growth rate. The technology sector, as well as the media, telecommunications, life sciences, fintech and energy tech industries, are represented on the list.
“Congratulations to the local companies who made this year’s Fast 500 list,” Alexie Tune, Deloitte’s Audit Emerging Growth Companies practice leader in Denver, said in a statement. “With accessible networking and early-stage support, Colorado continues to attract and nurture some of the most promising businesses, showcased in this year’s list. It’s a testament to our states enduring appeal as a vibrant hub for innovation and growth.”
Read on below for details on the top five Colorado tech companies included in this year’s Deloitte ranking and be sure to check out the full list.
Top Colorado Tech Companies on Deloitte's 2023 Technology Fast 500
- Liberty Broadband Corporation
- Fluid Truck
- Aytu Biopharma, Inc.
- Hotel Engine
- Pax8
Rank #248, 562% Growth
Headquartered in Englewood, Pax8 offers an enterprise a marketplace solution for buying, selling and managing cloud solutions. The company recently announced a partnership with CyberFOX that aims to offer managed service providers identity access management solutions through CyberFOX’s product, AutoElevate.
Rank #220, 641% Growth
Denver-based Hotel Engine operates a platform that connects businesses with lodging partners. It facilitates cost savings on business travel at over 700,000 properties across the globe. Hotel Engine recently added a new member to its board of directors in August when it recorded revenue growth of nearly 100 percent year-over-year.
Rank #118, 1,221% Growth
The Englewood-based biopharmaceutical company develops prescription therapeutics for patients with ADHD and other conditions like allergies and fluoride deficiency. The company announced last month that it received approval from the FDA that enables the transfer of manufacturing of its Cotempla product to the company’s third-party manufacturer.
Rank #63, 2,405% Growth
Fluid Truck offers businesses a commercial vehicle rental solution with 24/7 mobile access to its fleet of trucks, vans, SUVs and electric vehicles. The company helps small and medium-sized businesses to build their own fleets, access GPS tracking and roadside assistance and more. Denver-based Fluid Truck recently partnered with fulfillment solution OneRail to offer special pricing on Fluid Truck rental vehicles to OneRail’s courier network.
Rank #28, 6,400% Growth
The company operates and owns interests in a portfolio of communications businesses. Its principal assets consist of its interest in Charter Communications and its subsidiary GCI, an Alaskan communications provider. In the third quarter of 2023, the company pulled in $240 million in revenue.
