In the press

Explorance Recognized as a Fastest-Growing Company in North America on Deloitte’s 2020 Technology Fast 500™

MONTREAL, Quebec – Explorance – the world’s largest provider of Journey Analytics solutions – was recognized 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.

Explorance’s growth is credited to increased market adoption of Student Journey Analytics (SJA) and Employee Journey Analytics (EJA). Through these frameworks, Explorance continues to set new standards by building innovative feedback software (course evaluations, engagement surveys, 360 degree reviews, text analytics, etc.) that looks beyond experience management. EJA and SJA solutions are helping organizations and higher education institutions connect the dots to get a full picture of stakeholder feedback. They feature native integration capabilities, specialized machine learning text analytics, powerful reporting, and much more

“For more than 25 years, we’ve been honoring companies that define the cutting edge and this year’s Technology Fast 500 list is proof positive that technology — from software and digital media platforms, to biotech — truly does permeate so many facets of our lives,” said Paul Silverglate, Vice Chairman, Deloitte LLP and U.S. technology sector leader. “We congratulate this year’s winners, especially during a time when innovation is needed more than ever to address the monumental challenges posed by the pandemic.”

Overall, 2020 Technology Fast 500™ companies achieved revenue growth ranging from 175% to 106,508% from 2016 to 2019, with median growth of 450%. Explorance had a growth of 212% over the eligible four year period.

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.

About Explorance: At Explorance, we believe that feedback matters. From students in higher education to employees at the workplace, feedback is a vital part of the lifelong learner’s journey. That’s why Explorance’s mission is to help organizations create a personalized journey of impact and fulfillment for their people through innovative Journey Analytics solutions.

With the Blue suite of feedback gathering and analysis solutions, and the Metrics That Matter (MTM) learning effectiveness solution, organizations can gather the insights they need to make the best decisions possible when it comes to recruiting, engaging, and retaining their key stakeholders. As the world’s largest provider of Journey Analytics solutions, Explorance partners with more than 750 organizations in 45 countries, including 35% of the Fortune 100 and over 25% of the QS top 100 higher education institutions.


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