Birmingham, Ala. (Nov. 8, 2023) — Fleetio, a fleet maintenance management software-as-a-service (SaaS) company, announced it ranked 459th on the Deloitte Technology Fast 500, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America. Fleetio grew 263% from 2019 to 2022, and this marks the third consecutive year the company has appeared on the list.
Fleetio’s chief revenue officer, Tyson Goeltz, credits the team’s focus on the customer and effectiveness of the product for the company’s 263% revenue growth.
Fleetio is a comprehensive fleet maintenance software solution that helps fleets of all sizes track, analyze and improve their fleet operations. The web- and mobile-based technology enables fleet managers, drivers, mechanics and vendors to access and update fleet data in real-time and gain actionable insights such as cost per mile and total cost of ownership. With Fleetio, users can manage maintenance, digital inspections, fuel, parts, inventory, vehicle assignments, recalls and more in one place. Fleetio currently offers over 35 out-of-the-box integration options through its App Directory, plus connectivity with over 85,000 national, regional and independent shop partners through its Maintenance Shop Integration.
Overall, the 2023 Technology Fast 500 companies achieved revenue growth ranging from 201% to 222,189% over the three-year time frame from 2019 to 2022, with an average growth rate of 1,934% and a median growth rate of 497%.
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, and current-year operating revenues of at least $5 million.