The company has ranked #2 on the Deloitte Technology Fast 50™ and #14 on the Technology Fast 500™ for 2020
Kitchener, ON, November 18, 2020 – ApplyBoard, the online platform that empowers students around the world to access the best education, announced today it has been recognized by Deloitte as one of Canada’s fastest-growing companies for the second year in a row.
On the strength of its entrepreneurship, industry-leading innovation, and exponential 12,597% growth from 2016–2019, ApplyBoard has ranked #2 on the 2020 Deloitte Technology Fast 50™. The Deloitte Technology Fast 50™ recognizes public and private technology companies in Canada that have transformed the industry. In 2019, ApplyBoard ranked #1, taking the title of the fastest-growing technology company in Canada.
Additionally, ApplyBoard has ranked #14 on Deloitte’s Technology Fast 500™ for the first time, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, and energy tech companies—both public and private—in North America. ApplyBoard was the top-ranked Canadian company on the list.
“At ApplyBoard, we are on a mission to educate the world by helping students access the best educational opportunities available. COVID-19 has had an unprecedented impact on the education sector, and achieving our mission is now more important than ever,” explained Martin Basiri, Co-Founder and CEO of ApplyBoard. “We are honoured to be ranked on the Deloitte Technology Fast 50 again this year and excited to rank on the Deloitte Technology Fast 500 for the first time—the top-ranked Canadian company on the list. We would not have been able to achieve this tremendous growth without the support and commitment of our employees, partner schools, recruitment partners, students, and investors.”
ApplyBoard simplifies the study abroad search, application, and acceptance process by connecting students, partner schools, and recruitment partners on a single online platform. Since its founding in 2015, the company has helped over 120,000 qualified student applicants bring diversity to over 1,200 campuses across Canada, the United States, the United Kingdom, and Australia.
“This year’s Fast 50 winners should be especially proud of this designation, as their role in the fabric of Canadian business—particularly during these turbulent times—is crucial,” said Erica Pretorius, partner and national leader for the Technology Fast 50 program at Deloitte Canada. “Their bold vision and true commitment to innovation allow them to not only improve today’s world, but also shape tomorrow’s, despite the constant uncertainty. This year’s winners are proving themselves resilient, innovative and adaptable, all in an unpredictable year defined by economic instability and the continuing public health crisis.”
Senior Director, Marketing – ApplyBoard
About the Deloitte Technology Fast 50™
The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features distinct categories, including the Technology Fast 50 ranking, Enterprise Fast 15, and Companies-to-Watch. The program also recognizes companies within the North American Technology Fast 500 ranking, identifying technology companies in the United States and Canada. The 2020 program sponsors include Deloitte, RBC, CBRE, Clarity Recruitment, and Lafond. For further information, visit www.fast50.ca.
About Deloitte’s 2020 Technology Fast 500™
Now in its 26th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences 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 2016 to 2019.
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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
ApplyBoard empowers students around the world to access the best education by simplifying the study abroad search, application, and acceptance process. By connecting international students, academic institutions, and recruitment partners on a single online platform, ApplyBoard drives qualified student applicants and diversity to over 1,200 campuses across Canada, the United States, and the United Kingdom. Founded in 2015, ApplyBoard has helped over 120,000 students along their educational journeys. The company is headquartered in Kitchener, Ontario, Canada, with more than 500 staff members across 20 countries. To date, the company has raised C$242M (US$180M) in funding.