We’re excited today to announce our second consecutive year 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.
Sharethrough grew 345 percent during this period and is the 17th highest ranked ad tech company in the Fast 500™ software sector. Software led all industry categories with 283 companies and an overall growth rate of 667% in 2015.
Sharethrough’s growth can be attributed to significant increases in direct sold impressions from publishers using SFP, our native advertising software for publishers, known as a Supply Side Platform, as well as revenue growth from brand advertisers who promote their original content via SAM, the Sharethrough Ad Manager. SAM is now used by 46 of the top 50 largest brand advertisers, as measured by Advertising Age.
“It’s been a really exciting year,” said Greenberg. “The native advertising market has grown tremendously since Sharethrough started, and we are well positioned to continue leading the charge as publishers adopt less interruptive advertising that actually works on mobile, while advertisers increase their native media buys.”
Business Insider featured Sharethrough as one of the hottest pre-IPO ad tech startups of 2015.
Business Insider Intelligence predicts native ad spending will grow to $21 billion by 2018, rising from just $4.7 billion in 2013.
More About the Deloitte Technology Fast 500 Rankings
Overall, 2015 Technology Fast 500™ companies achieved revenue growth ranging from 109 percent to 21,984 percent from 2011 to 2014, with an average growth of 850 percent.
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 2011 to 2014.
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 or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.