Accounting and consulting firm Deloitte released its 2023 Technology Fast 500 list, ranking the fastest-growing technology and life sciences companies in North America. The 29th annual list featured 14 companies from Chicago. Last year’s list featured 12 companies from the Chicago metro area.
Companies on the list were chosen based on their fiscal year revenue growth between 2019 and 2022 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.
“Chicago’s innovation potential is on full display in this year’s Fast 500 list,” Tracy Harrison, managing director and Chicago emerging growth company practice leader for Deloitte & Touche, said in a statement. “We are excited to see what this group of companies does next as they aim to disrupt the technology industry and cultivate innovation. My sincere congratulations to all the companies named; continue to transform business and the world.”
Read on below for details on the top five Chicago-area tech companies included in this year’s Deloitte ranking and be sure to check out the full list.
Top Chicago Tech Companies on Deloitte's 2023 Technology Fast 500
- Mode Mobile
- CoinFlip
- Zero Hash
- Clearcover, Inc.
- QualSights
Rank #60, 2,483% Growth
QualSights offers brands, agencies and consulting firms solutions for gaining immersive customer insights. Its insights can help organizations evaluate their brand perception, general ad perception, understand product innovation and more. The company hired a new chief revenue officer in October to spearhead its sales and client success, business development and revenue operations.
Rank #56, 2,739% Growth
Offering a technology platform for buying car insurance, Clearcover’s integration allows brands to deliver price and policy comparisons from various carriers to their customers. The company recently launched this solution, called Choice, that’s powered by its API-based tech platform. Clearcover has raised a total of $480 million to date.
Rank #21, 8,589% Growth
Zero Hash helps companies launch crypto products. The fintech company allows neo-banks, broker-dealers and payment groups to offer features like digital asset trading and custody, crypto-backed rewards and round-up programs. Zero Hash recently announced a partnership with Shift4 to build a fiat-to-crypto onboarding solution for Web3 merchants.
Rank #17, 10,991% Growth
Operating a network of Bitcoin ATMs, CoinFlip hopes to provide a safe, inclusive and supportive way to access to financial services. The company also offers a digital platform called Olliv, which educates users on the blockchain and cryptocurrency, as well as Order Desk, which allows users to safely buy and sell cryptocurrencies.
Rank #2, 32,481% Growth
Mode Mobile operates an earn-as-you-go software platform that aims to enable supplemental income, democratize access to capital and increase the realization of financial potential for underserved consumers. The company recently crowdfunded $1.235 million for its solution where more than 11,000 retail investors acquired shares of Mode Mobile.
