Deloitte, an accounting and consulting firm with a worldwide presence, released its 2022 Technology Fast 500 rankings. The 28th annual list of North America’s fastest-growing tech companies featured 100 companies headquartered in Silicon Valley. This count is an increase from last year’s total of 84.
Companies on the list were chosen based on their fiscal year revenue growth between 2018 and 2021 and ranked based on their percentage growth rate. The technology sector, as well as the media, telecommunications, life sciences, fintech and energy tech industries, are represented on the list.
This year, San Francisco companies grew anywhere from 250 percent to a whopping 125,138 percent, according to Deloitte. Leading the way for the Bay Area tech scene at no. 1 is Vir Biotechnology.
“Even in the face of continuous challenges from the pandemic, the economy and climate change, the Bay Area once again tops the list as home to the largest number of the fastest-growing technology companies,” Garrett Herbert, Deloitte’s Silicon Valley managing partner, said in a statement. “We celebrate the talented winners who continue to demonstrate that there is no better place to innovate, disrupt and scale than right here in Silicon Valley and San Francisco.”
Read on below for details on the top five San Francisco tech companies included in this year’s Deloitte ranking, and click here for the full list.
Top SF Tech Companies on Deloitte’s 2022 Technology Fast 500
- Vir Biotechnology
- Evisort
- Aisera
- Dremio
- Truework
Truework: Rank #27, 5,965% Growth
Working to reduce companies’ application friction, Truework offers an income and employment verification platform that helps speed up the process of closing loans, approving borrowers and checking employment history. The company most recently closed on a $50 million Series C funding round this summer to advance its product and grow its team.
Dremio: Rank #23, 6,834% Growth
Santa Clara-based Dremio’s platform helps companies build, automate and query their data lakehouses. Its solution works to help clients support SQL workloads, gain business insights and streamline data engineering. The company’s managed service solution is available for purchase on the Amazon Web Service marketplace, according to an August announcement.
Aisera: Rank #19, 7,780% Growth
The consulting company developed an artificial intelligence-powered service solution that aims to automate operations and support for IT, sales and customer service. It’s platform also integrates with apps like Salesforce, Oracle and Zendesk. The Palo Alto-based company secured $90 million in Series D funding in August to fuel market expansion into new industry verticles and scale its go-to-market efforts.
Evisort: Rank #16, 8,121% Growth
San Mateo-based Evisort serves brands like Jelly Belly, Microsoft and Qdoba with its AI-powered contract management tech. The company’s solution offers a central place for legal, sales, IT and other departments to gather contracts, use AI to search and track metadata as well as draft, approve, sign, report on and renew contracts. Earlier this year, the company raised $100 million for its no-code solution.
Vir Biotechnology: Rank #1, 125,138% Growth
Vir Biotechnology has reappeared on Deloitte’s list this year, ranking leagues higher than its no. 70 slot in 2021. The fastest-growing tech company this year aims to prevent, treat and cure infectious diseases. The company recently released new data regarding a potential functioning cure for chronic hepatitis B virus infection.
