1372% Revenue Growth attributed to sky-high demand for Excel-native FP&A planning and AI innovation.

NEW YORK, Nov. 21, 2024 /PRNewswire/ -- Datarails today announced it ranked 92 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 30^th year. Datarails grew 1372% during this period.

Datarails's Cofounder and CEO, Didi Gurfinkel, credits this ranking to the fact that Datarails allows customers to reap all the benefits enjoyed from Excel, with the added advantages of data consolidation, automation and advanced insights and analytics.

Didi Gurfinkel, Datarails CEO and co-founder says: "Our extraordinary growth is driven by a strong alignment with what finance teams want and what modern FP&A demands. We've taken Excel—the most flexible and practical interface for FP&A professionals—and supercharged it with AI and advanced analytics."

"But technological innovation isn't the only story here. Our premium customer support transforms clients into true advocates, and they are our partners in this win."

"When you combine an Excel-native platform that teams love, cutting-edge AI capabilities, and implementation from teams with decades of experience in FP&A, you create something special. That's why we're seeing such rapid adoption across industries. We're not just providing software; we're empowering finance teams to become more strategic partners to their businesses."

"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. "This is Datarails second consecutive year as a Technology Fast 500 award winner.

About the 2024 Deloitte Technology Fast 500

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 Datarails

Datarails is the AI-powered FP&A tool for mid-market and SMB finance teams. Datarails lets teams keep working in Excel while gaining the benefits of data consolidation, automation and advanced insights and analytics. Datarails eliminates manual data work and unlocks strategic insights enabling CFOs to get to game-changing decisions faster.

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.

Contact: Jonathan Marciano, VP Communications Datarails, +972-586135342, Jonathan.m@datarails.com

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SOURCE Datarails