EVERFI Recognized As One of North America's Fastest Growing Companies in Deloitte's 2018 Technology Fast 500™
Growth Driven by Historic Investment from TPG Growth's The Rise Fund
WASHINGTON, Nov. 15, 2018 /PRNewswire/ -- EVERFI Inc. today announced it has been named to Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. During the period of 2014 to 2017, EVERFI grew its fiscal year revenue by nearly 200 percent.
"I'm honored that EVERFI has been recognized amongst some of North America's most impactful and high growth companies," said EVERFI CEO Tom Davidson. "EVERFI's inclusion on this list is a great indicator that we are continuing to grow a very strong network-centric SaaS business that is well-positioned to expand globally."
Over the past 3 years, EVERFI has not only tripled in size, but also strengthened the quality of its partnerships and product offerings. This year, EVERFI launched a number of new courses across its learner base, including Global Anti-Harassment training for the workplace, Marketplaces education to increase financial capability for K-12 students, financial education on the island of Puerto Rico, and Diversity, Equity and Inclusion prevention education to students on college campuses.
EVERFI reached 2.5 million K-12 students during the 2017-18 school year alone, an increase in 1.5 million students, since 2015.
About Deloitte's 2018 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 2014 to 2017.
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 EVERFI
EVERFI Inc. is the leading education technology company that provides real world education to learners of all ages through innovative and scalable digital learning. Founded in 2008, EVERFI is fueled by its Software-as-a-Service (SaaS) subscription model and has reached over 25 million learners in critical skill areas. Some of America's leading CEOs and venture capital firms are EVERFI investors including Amazon founder and CEO Jeff Bezos, Google Chairman Eric Schmidt, Twitter founder Evan Williams, TPG Growth, The Rise Fund, Advance Publications, Rethink Education, and Rethink Impact. The EVERFI Education Network powers more than 3,500 partners in their education initiatives across all 50 states and Canada.
Media Contact:
Monique Waters
Senior Director of Corporate Communications
[email protected]
SOURCE EVERFI Inc.
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