Attributes 332% Revenue Growth to its innovative and passionate team and world-class customer base
November 8, 2023
Today, Mesh Systems is honored to announce its ranking of #385 on the Deloitte Technology Fast 500™, prestigious list of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. Celebrating its 29th year, the Deloitte Technology Fast 500™ has recognized Mesh Systems for its impressive 332% revenue growth over the past three years.
Richard Baxter, CEO & Co-Founder of Mesh Systems, credits the Company’s team and its impressive base of customers for the remarkable 332% revenue growth. Baxter remarked, “We are immensely proud to be named to the Deloitte Technology Fast 500, a testament to the relentless innovation and dedication of our team. This honor not only reflects our team’s hard work but also shines a light on the world-class customer base that has been integral to our journey. Their challenges and collaboration inspire our advances and fuel our growth. Together, we’ve created a synergy that propels us forward, and we share this accolade with each member of our team and every customer who has joined us on this exciting journey. Our success is truly a shared success.”
“Each year we look forward to reviewing the progress and innovations of our Technology Fast 500 winners. This year is especially celebratory as we expand the number of winners to better represent just how many companies are developing new ideas to progress our society and the world, especially during a slow economy,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “While software and services and life sciences continue to dominate the top 10, we are encouraged to see other categories making their mark. Congratulations to all the winners who show us how creativity, hard work and perseverance can lead to success.”
“As for growing companies, it’s always rewarding to be recognized for the ongoing commitment it takes to navigate obstacles, transform when necessary and ultimately create a thriving business,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice. “Over the nearly 30 years we’ve been compiling the Technology Fast 500, we’ve seen new categories emerge, growth rates explode, and certain regional markets shine from the bright talent they attract. We are proud of all the winners for achieving this well-deserved honor.”
About the 2023 Deloitte Technology Fast 500
Now in its 29th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, 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 2019 to 2022.
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 US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Mesh Systems
Mesh Systems is an Internet of Things (IoT) Solutions Provider focused on connecting products for companies across the globe. Our talented team has deep expertise spanning IoT hardware design, embedded software development, wireless systems, and cloud-based business applications. We develop end-to-end IoT solutions with a repeatable cloud framework that accelerates time to market, avoids high upfront costs, and abstracts the complexity from solution development so that companies can focus on their domain. With 18 years of industry experience, Mesh Systems is the ideal partner to launch new connected products, scale proof of concepts to pilots, and reach hyper-growth production volume.
For media inquiries or further information, please contact: kelly.hennessy@meshsystems.com
For more details on the 2023 Deloitte Technology Fast 500™ rankings, please visit Deloitte 2023 Fast 500 Winners.