Vytalize Health, a life sciences company in Hoboken, placed second on the recently released North America Technology Fast 500 list by Deloitte – an annual list that aims to provide a glimpse into how technology companies are fostering change while successfully managing a thriving business.
The list aims to represent the fastest-growing North American companies in the technology, media, telecommunications, life sciences, fintech, and energy tech sectors
Vytalize Health, which had an incredible growth rate of 126,668% in the period between 2020-23, was one of 10 New Jersey companies on the list. Other top performers include:
PortPro: The Jersey City-based company came in at No. 84, with 1,574% growth;
Accely: The Avenel-based company was ranked No. 180 with 656% growth.
Paul Krieger, New Jersey managing partner at Deloitte, said New Jersey’s efforts helped propel the greater region as the tri-state area had 16% of the companies on the list. Only the Bay area (17%) had more.
“New Jersey is home to ten of the companies on the Deloitte Technology Fast 500 list this year, with growth rates ranging from 239% to 126,668%,” he said. “The performance of our local winners illustrates their ability to innovate and persevere; this growth is hard-earned and reflects the talent within these organizations.”
Overall, the 2024 Technology Fast 500 companies achieved revenue growth ranging from 201% to 153,625% over the three-year time frame, with an average growth rate of 1,981% and a median growth rate of 460%.
TG Therapeutics, a life sciences company in the Bay Area, claimed the top spot with a growth rate of 153,625% from 2020-23.