Attributes 2,082% revenue growth to expanded capabilities for reliable, optimized delivery solutions
OneRail today announced its No. 66 ranking 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 30th year. Deloitte Fast 500 measures the growth of companies in the last three years, and OneRail grew 2,082% during that time frame.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241126001147/en/
OneRail Ranked 66th Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™. 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 98% on-time delivery rate. (Graphic: Business Wire)
“OneRail's revenue growth is a direct reflection of our commitment to solving the most pressing challenges retailers and wholesalers face today,” OneRail Founder and CEO Bill Catania said. “By expanding our OmniPoint® platform capabilities, we've empowered businesses to meet the rising demand for same-day delivery, while maintaining their delivery promise. Our ability to streamline the last mile, optimize performance and deliver reliability has positioned us as a trusted partner in a rapidly evolving logistics landscape.”
“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.”
OneRail previously ranked 24th as a 2023 Technology Fast 500 award winner. OneRail has continued its growth story in 2024, recently announcing $42 million in Series C financing lead by Aliment Capital, having been named to FreightWaves’ FreightTech 25 at number 19, being honored on Forbes’ 2024 and 2023 lists of America’s Best Startup Employers, and having been selected as 2024 Last Mile Company of the Year for the SupplyTech Breakthrough Awards. OneRail was also recognized in the 2024 Gartner® Hype Cycle™ for Supply Chain Execution Technologies, 2024 Gartner® Hype Cycle™ for Smart City Technologies, as well as the 2024 Gartner® Market Guide for Last Mile Delivery Technology Solutions.
Overall, 2024 Technology Fast 500 companies achieved revenue growth ranging from 201% to 153,625% over the three-year time frame, with an average growth rate of 1,981% and median growth rate of 460%.
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.
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 98% on-time delivery rate. With its recent acquisition of Orderbot, a distributed order management solution, OneRail is integrating inventory and order management capabilities to enable store-shelf-to-doorstep visibility. By optimizing fulfillment processes, reducing costs and improving order accuracy, OneRail is committed to empowering clients and improving the customer experience. To learn more about OneRail, visit OneRail.com.
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 460,000 people worldwide connect for impact at www.deloitte.com.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241126001147/en/
Contacts
Media Inquiries:
Diffusion PR for OneRail
onerail@diffusionpr.com
(646) 571-0120