Denver, November 9, 2017 – Welltok, the leading consumer health enterprise Software as a Service company, today announced it ranked #91 on Deloitte’s Technology Fast 500™, a listing of the 500 fastest growing companies in North America. In Welltok’s third consecutive year on the list, the company also landed second in the Colorado market.
“Our repeat appearance on the Fast 500 list is largely attributed to our innovative clients and partners who have embraced the need for an enterprise consumer platform that targets and connects consumers to personalized health improvement resources,” said Jeff Margolis, chairman and chief executive officer for Welltok. “We continue to thrive by tackling common, yet complex challenges associated with engaging and supporting consumers with their health in a systematic and efficient way.”
Welltok has generated national recognition and built an impressive client roster by developing the health industry’s leading consumer enterprise platform. Welltok’s award-winning health optimization platform leverages big data and analytics to understand individual risks and needs; organizes and integrates the ever-growing health and wellbeing ecosystem; and delivers personalized support to consumers on behalf of the nation’s most innovative health plans, large employers and hospital systems.
The Deloitte Fast 500 ranking comes on the heels of yet another strategic move for the company. Welltok recently acquired Tea Leaves Health, a leading provider of a SaaS-based analytics and marketing technology platform used by hospital systems to target consumers and physicians with coordinated engagement campaigns. Tea Leaves Health will propel Welltok’s growth within the hospital market, while enriching its data assets and product portfolio.
The Deloitte Fast 500 marks Welltok’s third appearance on nationally recognized lists this year. Welltok was ranked #278 on the Inc. 5000 list earlier this year in its third consecutive appearance on the nation’s fastest growing company list. Welltok was also one of only six health companies named to the Forbes 2017 Cloud 100 list, the definitive list of the top 100 private cloud companies in the world, published by Forbes in collaboration with Bessemer Venture Partners.
About Deloitte’s 2017 Technology Fast 500™
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 2013 to 2016. Overall, 2017 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 59,093 percent from 2013 to 2016, with median growth of 380 percent.
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 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.