PLEASANT GROVE, UT – November 25, 2024 — Kenect today announced it ranked 304 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 30th year. Kenect is also the 7th fastest growing company in Utah.
This is the fourth year in a row Kenect has made the Deloitte Technology Fast 500 list. Kenect’s CEO, Shaun Sorenson, says the company’s impressive revenue growth is a testament to the hard work of its employees and the superior product. “It’s an incredible honor. For us to be recognized on the Deloitte Fast 500 for the fourth year in a row is a credit to the dedication and innovative efforts of our whole team,” Sorenson said.
According to Deloitte, this year had the highest number of private companies named to the list since it started. “For 30 years we’ve been celebrating companies that are actively driving innovation. The software industry continues to be a beacon of growth, and the fintech industry made a strong showing on this year’s list, surpassing life sciences for the first time,” said Steve Fineberg, vice chair, U.S. technology sector leader, Deloitte.
This announcement from Deloitte about Kenect’s growth comes on top of Inc 5000’s recent 2024 list, recognizing Kenect’s tremendous growth for the fourth year in a row.
About the 2024 Deloitte Technology Fast 500™
Now in its 30th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America.
The Fast 500 companies are selected based on percentage fiscal revenue growth from 2020 to 2023. According to Deloitte, overall, the 2023 Technology Fast 500 companies achieved revenue growth ranging from 201% to 153,625% over the three-year time frame. The average growth rate was 1,981%.
About Kenect
Kenect is a reputation and text messaging platform that is used by small businesses to improve customer communication. Kenect allows businesses to contact their clients directly, generate new leads, generate reviews, and collect payments--all via texting. Kenect is used by thousands of businesses across 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.
Media Contact:
Kenect
Ben Leighton
Content and PR Manager
Bleighton@kenect.com
.png)
