Sailthru Ranked Number 244 Fastest Growing Company in North America on Deloitte's 2016 Technology Fast 500™
Next-generation marketing cloud provider attributes 297 percent revenue growth to increasing demand from retailers and publishers for solutions that help them acquire, grow, and retain customers more profitably
NEW YORK, Nov. 16, 2016 /PRNewswire/ -- Sailthru, the leading Customer Retention Cloud for the world's top retail and media companies, today announced it ranked number 244 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Sailthru's customer base now includes more than 400 retailers and publishers and between 2012 and 2015 revenue grew 297 percent.
Sailthru's chief executive officer, Neil Lustig, credits Sailthru's continued growth to its ability to harness the power of customer data and insights to drive growth for customers such as JustFab and Betabrand, and global publishers, including The Economist and SheKnows media.
"Our commitment to data science has been a critical component in Sailthru's growth, as well as our advantage. We're arming retailers and publishers with business insights and working together to create opportunities in innovative ways that cannot be competitively matched," said Lustig. "Sailthru's investment in solutions based on market need, for example, the recent acquisition of mobile marketing automation platform Carnival.io, demonstrates our approach to enable marketers to deliver a more connected and seamless personalized experience across all digital channels."
In addition to revenue growth, in the past year Sailthru has announced the addition of seasoned leaders to their C-Suite, such as Guy Horrocks, GM of mobile, Tom Janofsky, EVP of engineering and Andy Leaver, EVP of worldwide sales. The company continues to expand its footprint across North America and into the EMEA region and total employee base has more than doubled since 2011.
"Today, when every organization can be a tech company, the most effective businesses not only foster the courage to explore change, but also encourage creativity in using and applying existing assets in new ways, as resourcefully as possible," said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications industry leader. "This ingenious approach to innovation calls for the encouragement of curiosity and collaboration both within and outside the office walls."
"This year's Fast 500 winners showcase that when organizations are open to diverse perspectives and insights, they are able to create an environment for their employees and customers to see the possibilities and ingenious solutions that might lie ahead," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. "Entrepreneurial environments foster change and innovation within businesses, and we look forward to watching these companies continue to drive change across all sectors."
About Deloitte's 2016 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 2012 to 2015.
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.
As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
About Sailthru The Sailthru Customer Retention Cloud helps modern marketers acquire, grow, and retain customers. With over 1.6Bn global consumer profiles under management, Sailthru's powerful suite of connected capabilities – including high-performance email, onsite personalization, mobile marketing automation, and unique integrations powering new customer acquisition – drives higher revenue, improves customer lifetime value and reduces churn. The world's most innovative publishers, including The Economist, Business Insider and Mashable, and the world's fastest growing ecommerce companies, including Rent The Runway, JustFab and Alex and Ani, trust Sailthru to help them succeed. Founded in 2008, Sailthru's exceptional group of investors include Benchmark, RRE Ventures, DFJ Gotham, Scale Venture Partners, and AOL Ventures. For more information, please visit www.sailthru.com.