PureCars Ranked #441 Fastest Growing Company in North America on Deloitte's 2019 Technology Fast 500™

Attributes 200% Revenue Growth to automotive-centric solutions and technology innovations.

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Nov 13, 2019, 09:00 ET

ATLANTA, Nov. 13, 2019 /PRNewswire/ -- PureCars today announced it ranked 441 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 now in its 25^th year. PureCars grew 206% during this period.

PureCars CEO, Sam Mylrea, credits the company's success and unprecedented growth with the company's continued focus on leading the industry as the top automotive marketing platform, helping dealers maximize efficiency and effectiveness for every digital campaign.

"Automotive digital advertising is our bread and butter. It's what we do best because it's what everyone in our company is focused on every day," Mylrea said. "We are always looking for ways to help dealers and auto groups sell more cars and grow their business by maximizing ROI and customer acquisition from digital efforts. That focus and drive is why we will continue to develop industry-leading technology and service solutions for our industry."

"This year marks the 25^th anniversary of Deloitte's Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners," said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. "Once again, we saw innovation across the board, with software companies continuing their dominance of the top ten. It's always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in."

"As technology innovation trends towards 'everything as a service,' it's no surprise that software companies dominate the winners list yet again this year," said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte's audit and assurance practice. "What's exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners."

PureCars previously ranked #234 as a Technology Fast 500™ award winner for 2018.

Overall, 2019 Technology Fast 500™ companies achieved revenue growth ranging from 166 percent to 37,458 percent from 2015 to 2018, with median growth of 439 percent.

About Deloitte's 2019 Technology Fast 500™
Now in its 25^th year, 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 2015 to 2018.

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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About PureCars
Since 2007, PureCars has provided dealers with the tools and resources needed to thrive in a digital-first world. Its suite of solutions combine innovative technology with data-driven strategies to optimize digital campaigns, reduce wasted ad spend, and maximize car sales. More than 2,000 dealers partner with PureCars on their digital strategies between the U.S. and Canada.

https://www.purecars.com.

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.

Contact: Liz Farquhar, [email protected]

SOURCE PureCars