Attributes 7,409% revenue growth to demand for automated omnichannel fulfillment solutions
OneRail today announced it ranked No. 24 on the Deloitte Technology Fast 500™ — a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America, now in its 29th year. OneRail grew 7,409% during this period.
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Put your delivery fulfillment customers first. With OneRail’s last mile delivery solutions, get 100% visibility, and reduce shipping time and cost for a responsive customer experience. Tap into a managed marketplace with instant access to over 12 million drivers, 600 courier entities, and over 65 logistics companies across all major U.S. cities. Learn more at onerail.com. (Graphic: Business Wire)
OneRail Founder and CEO Bill Catania credits the company’s focus on delivering automated delivery solutions and best-in-class customer experience to meet growing eCommerce and omnichannel needs with the company’s 7,409% revenue growth. "We listen to our customers’ biggest challenges and continue to develop differentiated solutions that leading retailers, product manufacturers and wholesalers need to optimize their omnichannel commerce strategy so that they can reduce fulfillment costs and improve the overall experience for their customers,” Catania said.
“Each year we look forward to reviewing the progress and innovations of our Technology Fast 500 winners. This year is especially celebratory, as we expand the number of winners to better represent just how many companies are developing new ideas to progress our society and the world, especially during a slow economy,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “While software and services and life sciences continue to dominate the top 10, we are encouraged to see other categories making their mark. Congratulations to all the winners who show us how creativity, hard work and perseverance can lead to success.”
“As for growing companies, it’s always rewarding to be recognized for the ongoing commitment it takes to navigate obstacles, transform when necessary and ultimately create a thriving business,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice. “Over the nearly 30 years we’ve been compiling the Technology Fast 500, we’ve seen new categories emerge, growth rates explode, and certain regional markets shine from the bright talent they attract. We are proud of all the winners for achieving this well-deserved honor.”
OneRail has continued its growth story in 2023, recently announcing the national roll-out of same-day delivery with Fortune 50 retailer Lowe’s Home Improvement. OneRail was also recently recognized in the Gartner® Hype Cycle™ for Supply Chain Execution Technologies as well as the Gartner® Market Guide for Last Mile Delivery Technology Solutions.
Overall, 2023 Technology Fast 500 companies achieved revenue growth ranging from 206% to 222,189% over the three-year time frame, with an average growth rate of 2,051% and median growth rate of 524%.
About the 2023 Deloitte Technology Fast 500
Now in its 29th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech 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 2019 to 2022.
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 US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 457,000 people worldwide connect for impact at www.deloitte.com.
About OneRail
OneRail is a leading omnichannel fulfillment solution pairing best-in-class software with logistics as a service to provide dependability and speed to help businesses meet their delivery promise. With a real-time connected network of 12 million drivers, OneRail matches the right vehicle for the right delivery so brands lower expenses and increase capacity to rapidly scale their businesses. This people-plus-platform approach features a 24/7 USA-based exceptions team who maintain a 99% on-time delivery rate. OneRail was recently named for the third year in a row to the FreightTech 100, on Inc. magazine’s Best Workplaces 2023, ranked No. 23 on Forbes’ list of America’s Best Startup Employers and named to the Inc. 5000 two years in a row (most recently at No. 59, with 7,409 percent growth). To learn more about OneRail, visit www.onerail.com.
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Contacts
OneRail:
Julia Grove
Julia.grove@onerail.io
