Startups YouAppi, Yotpo, Monday.com, Datorama Technologies, and Redis Labs are at the top of the Deloitte Israel Technology Fast 50 list for 2017, published Thursday by the Israeli division of the London multinational Deloitte Touche Tohmatsu. The list ranks the fastest-growing private and public companies based on the percentage of their revenue growth over the past four years (2013-2016.)
Deloitte says the prestigious ranking honors technological innovation, business growth, and an Israeli entrepreneurial spirit.
To be considered, companies must be working within sectors such as “hardware, software, communications, media, life sciences or clean technology,” according to Deloitte. They must “develop or own proprietary technology that contributes to a significant portion of the company’s operating revenues,” “manufacture a technology-related product, and/or devote a high percentage of effort to research and development technology.”
They must also be headquartered in Israel with an active business for a minimum of four years and have operating revenues of at least $65,138 for 2013 and at least $886,684 for 2016.
All of the companies that made the Fast 50 list will be eligible for the “EMEA Fast 500” (Europe, Middle East and Africa) which will be announced on December 7, 2017 in a ceremony in Paris. Last year, 28 of the 50 Israeli companies entered the EMEA Fast 500. Video marketing platform Magisto was in the top 10. In 2014, content discovery company Taboola placed second of 500.
Here are the top five Israeli companies on the Deloitte Fast 50 list.
YouAppi, a US-Israel startup helping companies reach users through mobile ads and analytics, was way ahead of the group with a 16,230 percent growth in four years. Founded in 2011, this company provides a platform for companies who want to attract and retain new users on mobile. Their mobile ad platform syncs up with more than 3,000 mobile apps and sites with analytics and predictive algorithms which are powered by machine learning. With 10 locations around the world and a platform used by over two billion people, YouAppi aims to streamline the mobile media buying of their users.