Reverse mortgage service provider ReverseVision was among the top 500 fastest growing North American companies, as ranked in Deloitte’s 2015 Technology Fast 500.
The San Diego-based ReverseVision ranked 367 on the Fast 500 list, which included the most rapidly growing technology, media, telecommunications, life sciences and energy tech companies.
“It is an honor for ReverseVision to receive recognition from such a high-profile organization, we are grateful to the staff at Deloitte for recognizing ReverseVision as a top 500 growing technology company,” ReverseVision President and CEO John Button said in a written statement.
Awardees were selected based on percentage fiscal year revenue growth from 2011 to 2014, a period during which ReverseVision grew 175.1%.
Button credited the company’s growth to a special focus on education and support for lenders to enter the reverse mortgage industry, as well as significant investments in compliance, operations, infrastructure and support in creating “a superior loan origination system.”
“ReverseVision has benefitted from partnerships with our customers that have added many new companies to the reverse lending industry over the past few years,” Button said. “We continue to focus on leading in innovation, compliance and customer service to fuel the industry’s growth in the coming years.”
Overall, 2015 Technology Fast 500 companies achieved revenue growth ranging from 109% to 21,984% during this period, with an average growth of 850%.
“Amid a fierce business climate, there seems to be no shortage of new and established companies that are unlocking a seemingly unlimited potential for growth and advancement through technology’s continued disruption and proliferation across industries,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader.
The fastest growing company in the 2015 rankings was StartApp, a mobile ad network specializing in android app monetization and distribution of free mobile applications.
View Deloitte’s 2015 Technology Fast 500 rankings.
Written by Jason Oliva