San Diego, CA – Cloudbeds, the premier hospitality management software platform, has today announced it has been named as part of the Deloitte Technology Fast 500™ – a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America.
Over the past three years, Cloudbeds has achieved a revenue growth of 473%, driven in part by its pioneering technological innovations that have solidified the platform’s position at the forefront of the hospitality industry.
Adam Harris, CEO of Cloudbeds, said: “Being recognized once again on the Deloitte Technology Fast 500™ is a direct result of this team’s relentless commitment to our partners and customers. Our cutting-edge technology has fueled remarkable growth over the last 12 months and reimagined what’s possible for hospitality. This milestone reflects the extraordinary efforts of our team and the trust our partners place in us as we continue our mission to redefine the concept of property management systems.”
Cloudbeds has been a member of the Technology Fast 500 for four consecutive years. Now in its 30th year, the annual ranking by Deloitte honors 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 2020 to 2023.
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.
