Educational Named 5th Fastest Growing Tech Company in the Pacific Northwest; Company debuts at number 151 on the Deloitte Technology Fast 500™ list in North America
SEATTLE, November 17, 2021 /PRNewswire/ — Educativean interactive platform for developing practical skills for software developers and the companies that employ them, today announced that it ranked #151 on the Deloitte Technology Fast 500™ North America list, a ranking of the 500 fastest growing technology companies North America. The ranking places Educative among the 5 fastest growing companies in the Pacific Northwest.
Educational continues to grow at a rapid pace, with the company seeing the number of monthly active users increase by more than 127%. More than 725,000 software developers around the world have used Educational’s interactive text-based courses to become more productive and successful in their roles. The company also continues to offer innovative new solutions, recently launching Educational assessmentsa platform that allows developers and software engineers to assess their current skills and receive personalized recommendations on how to develop them.
“Debuting on the Deloitte Technology Fast 500™ validates our company’s vision and adds fuel to our fire as we take the next step,” said Fahim ul Haq, CEO and co-founder of Educational . “I’m so proud of the entire education team and can’t wait to get into the sequel.”
Today’s news follows an exciting year for Educational. The company made its debut on Inc. List 5000 of America’s fastest growing companies and also announced a $12 million A-Series fundraising led by Matrix Partners with additional funding from new and returning investors, including Trilogy Equity Partners. Educative quickly adds course offerings and develops customizable training for teams and companies looking to upskill their employees.
“Each year, the Technology Fast 500 shines a light on leading technology innovators and this year is no exception,” said Paul Silverglat, Vice President, Deloitte LLP and US Technology Leader. “Faced with the countless challenges resulting from the pandemic, the best and the brightest have been able to pivot, reinvent themselves, transform and grow. We celebrate winning organizations and especially the talented employees who are at the root of their success.
The 2021 rankings were compiled based on submitted entries and searching the public company database, with winners selected based on their percentage growth per fiscal year over a three-year period.
Educative is the leading provider of hands-on developer training that engages learners with interactive, in-browser coding exercises designed to teach, test, and develop the skills of engineering managers and developers. Its interactive courses are designed in collaboration with external technical experts and offer text-based training that studies show is significantly faster than video courses. Used by individuals and businesses alike, Educational courses help software developers learn faster and more efficiently than other platforms. The company has been recognized on the Inc.5000 lists and Deloitte Rapid 500 for their tremendous business growth. To learn more, visit www.educative.io.
About the Deloitte Technology Fast 500™ 2021
Now in his 27’sand year, the Deloitte Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences, financial technology and energy technology companies – both public and private – in North America. Technology Fast 500 winners are selected based on percentage revenue growth from fiscal year 2017 to 2020.
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 the majority of the company’s operating revenue. Companies must have base year operating revenues of at least $50,000and operating revenues for the current year of at least $5 million. In addition, companies must have been in business for at least four years and be headquartered in North America.
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