Parkmobile Selected as One of the Fastest Growing Companies in North America on Deloitte’s 2017 Technology Fast 500™ List
Parkmobile’s rapid expansion in top US cities led to 179 percent growth over three years.
Parkmobile, the leading provider of mobile parking payment solutions in the US, announced today that it has been named to Deloitte’s Technology Fast 500™ list, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Parkmobile’s innovative solutions and rapid market expansion into 7 of the top 10 cities in the US, fueled 179 percent growth during a three-year period to qualify for the 2017 Fast 500 list.
"Consumers today are demanding innovative technology solutions that make their lives easier,” said Jon Ziglar, CEO of Parkmobile. “At Parkmobile, we focus on giving our users a smarter way to park. With our mobile app, a person can quickly pay for parking on the street or reserve a spot in a garage before they even leave their home. The convenience we are able to deliver to our users is the reason we now process over 50 million parking transactions a year and have become a leader in the industry. We are thrilled to be included on Deloitte’s Fast 500 list this year.”
“The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment,” said Sandra Shirai, vice chairman, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “These companies are on the cutting edge and are transforming the way we do business. We extend our sincere congratulations to all the winners for achieving remarkable growth while delivering new services and experiences for their customers.”
“Emerging growth companies are powering innovation in the broader economy. The growth rates delivered by the companies on this year’s North America Technology Fast 500 ranking are a bright spot for the capital markets and a strong indicator that the emerging growth technology sector will continue to deliver a strong return on investment,” said Heather Gates, national managing director of Deloitte & Touche LLP’s emerging growth company practice. “Deloitte is dedicated to supporting the best and brightest companies of the future in the emerging growth company sector. We are proud to acknowledge the significant accomplishments of this year’s Fast 500 winners.”
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.
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.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
Parkmobile, LLC is the leading provider of parking payment solutions in the US, helping millions of people easily find and pay for parking on their mobile device. The company’s technology is used in over 2000 locations across the country, including 7 of the top 10 cities as well as college campuses, airports and stadiums. People can use Parkmobile solutions to quickly pay for on-street and garage parking without having to use a meter or kiosk. Additionally, Parkmobile offers parking reservations at stadium venues for concerts and sporting events. Reservations are also available in metro areas, allowing people to drive into the city without having to worry about finding parking. Parkmobile was recently named by Deloitte as a Technology Fast 500 winner, recognizing the fastest growing technology companies in North America. For more information, visit Parkmobile.com, @Parkmobile on Twitter and facebook.com/Parkmobile.
Media Contact: Tina Dyer, Parkmobile, LLC, 770 818 9036, 770 818 9039 (fax), firstname.lastname@example.org