SEATTLE--(BUSINESS WIRE)--Yapta today announced that it was named to Deloitte’s 2018 Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Yapta’s fiscal year revenue growth of 901 percent from 2014-2017 placed the company 127th on Deloitte’s national ranking, and 4th in the state of Washington.
“This is the second consecutive year that Yapta has been recognized by Deloitte, and it’s a tribute to the hard work and dedication of our amazing team,” said James Filsinger, president and CEO of Yapta. “It’s a true honor to be to a part of the Technology Fast 500 and it’s something we’ll celebrate as we cap-off another terrific year.”
Yapta, the leading provider of travel price assurance, currently serves more than 8,000 corporate customers in more than 36 different countries, having monitored over $20 billion in travel spend. In August, the company launched Yapta TravelAI, an advanced analytics solution for enterprise customers, and it announced that it had opened its first international office in the UK.
"Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement," said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. "These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth."
"Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics," said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte's audit and assurance practice. "This year's ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth."
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.
Yapta's mission is simple: To give our customers confidence in travel. To that end, we are the world’s leading company for airfare and hotel rate price assurance, analytics, and cost savings. We dynamically monitor billions of prices every month, and transform that data into highly meaningful savings, insights, and reports. Since 2007, we've brought technology leadership to the travel landscape and our 8,000+ corporate customers. Named to Deloitte’s Fast500 for North America for 2017 and 2018, Yapta pioneered the category of travel price assurance. We're driven to help build confidence in our customers’ travel programs.