Logiwa Inc. Ranked Number 274 Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™
Attributes 492% revenue growth to innovation and market expansion
CHICAGO, Ill., NOV. 8, 2023 — Logiwa Inc., a leading cloud based fulfillment management system for high-volume direct-to-consumer (DTC) businesses, proudly announces its ranking at number 274 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. Logiwa achieved an astounding 492% growth during this period.
Logiwa’s founder and chief executive officer, Erhan Musaoglu, attributes their 492% revenue growth to their commitment to innovative technology solutions and an expanding market reach. He stated, “Our success is a result of our team’s dedication to developing state-of-the-art technology that empowers our customers, along with a willingness to embrace agility in the pursuit of innovation.”
Overall, the 2023 Technology Fast 500 companies achieved revenue growth ranging from 201% to 222,189% over the three-year time frame from 2019 to 2022, with an average growth rate of 1,934% and a median growth rate of 497%.
For further insights into Logiwa Inc. and its award-winning fulfillment management system, please visit www.logiwa.com.
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.
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