Transcend Named to the Deloitte Technology Fast 500

Business Wire 21-Nov-2024 7:00 AM

The next-generation privacy platform continues to solidify its position as both the fastest-growing privacy company in the market, and the solution enterprises love best.

Transcend, the next-generation data privacy and AI governance platform, today announced its inclusion in 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 30th year. This honor showcases the company's accelerated growth, and continued commitment to innovative technology.

"It's humbling to be recognized as one of the fastest growing tech companies in North America, and it's testament to all the work the Transcend team has accomplished for our customers in recent months," said Transcend CEO and co-founder Ben Brook. "The growth we've achieved is a result of our success in fixing privacy for the enterprise, and the appetite of leading organizations to replace manual legacy solutions with our next-generation platform."

As Transcend continues to innovate its platform, the market is responding positively to its radically different approach to data privacy, and it's now the fastest growing privacy company in the market¹. In 2024 so far, Transcend welcomed major Fortune 500 customers, high-growth category leaders and some of the world's best known companies. To date, Transcend has powered data rights for over 1.2 billion cumulative users by helping companies of all sizes rapidly deploy market-leading autonomous privacy technology—a shift which has also closed compliance gaps, enhanced customer trust, and spurred innovation through enhanced data usage to power innovative and compliant marketing and AI use cases for customers.

This news comes hot on the heels of another major company update: the addition of Luke Arno, previously Global Vice President of Sales at Twilio Segment (NYSE:TWLO), as Chief Revenue Officer. The company also posted a record-breaking quarter and year as it continues its mission to help companies mature their privacy management postures.

"We've seen incredible momentum over the last year –– we've grown the team, grown our customer base, and continued to add industry-leading features to our next-gen platform that encodes privacy controls directly into business systems," said Kate Parker, President at Transcend. "It's gratifying to be recognized for our efforts alongside others we've earned in 2024, like our recent LegalTech Breakthrough Award, a spot on Fast Company's Most Innovative Companies list and an honorable mention on Fast Company's World Changing Ideas list."

"For 30 years we've been celebrating companies that are actively driving innovation. The software industry continues to be a beacon of growth, and the fintech industry made a strong showing on this year's list, surpassing life sciences for the first time," said Steve Fineberg, vice chair, U.S. technology sector leader, Deloitte. "Significantly, we also saw a breakthrough in performance of private companies, with the highest number of private companies named to the list in our program's history. This year's winners have shown they have the vision and expertise to continue to perform at a high level, and that deserves to be celebrated."

"Innovation, transformation and disruption of the status quo are at the forefront for this year's Technology Fast 500 list, and there's no better way to celebrate 30 years of program history," said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte's Audit & Assurance practice. "This year's winning companies have demonstrated a continuous commitment to growth and remarkable consistency in driving forward progress. We extend our congratulations to all of this year's winners — it's an incredible time for innovation."

About Transcend

Transcend helps the world's largest companies better govern their data—reducing risk, improving operational efficiencies, unlocking growth, and building trust. Transcend offers a comprehensive privacy and AI governance suite of 12 products that transform how enterprises understand and manage personal data, automate privacy tasks, assess risks, and oversee AI systems. As the fastest growing privacy company in the market, Transcend is used by some of the biggest names in technology, financial services, healthcare, telecommunications, consumer goods, insurance, and more. Transcend was named a "Leader" in Data Privacy Management on G2 and a "Major Player" in the 2023 IDC MarketScape report "Worldwide Data Privacy Compliance Software." Founded in 2017 by Ben Brook (CEO) and Mike Farrell (CTO), Transcend is headquartered in California's Bay Area.

Transcend's vision is to put users everywhere in control of their data, and via the company's "data rights for all" efforts, they have provided actionable privacy choices to over 1.2 billion people globally.

About the 2024 Deloitte Technology Fast 500

Now in its 30th 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 2020 to 2023.

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.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

Endnotes:

¹ Fastest growing based on YoY revenue growth compared to companies cited in IDC's Worldwide Data Privacy Compliance Software Market Shares, 2023: OneTrust Still at the Top with Competition Heating Up (IDC #US50798323, June 2024)

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