Beam Benefits Ranked Number 475 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™
December 4, 2024
Attributes 219% Revenue Growth to proprietary technology and customer-first approach.
Columbus, OH — Beam Benefits today announced it ranked number 475 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. Beam Benefits grew 219% during this period.
Beam Benefits’ CEO, Tolithia Kornweibel, credits the company’s proprietary smart technology, customer-first approach, and innovative insurance offerings with its 219% revenue growth. “At Beam, we are transforming the benefits industry through technology-driven solutions that simplify the process and enhance value for our partners and members,” said Kornweibel. “Being recognized on the Deloitte Technology Fast 500 is a testament to the hard work of our team and our commitment to making benefits smarter and easier to use for everyone.”
Beam Benefits previously ranked 425 on the Technology Fast 500 in 2023.
Overall, 2024 Technology Fast 500 companies achieved revenue growth ranging from 201% to 153,625% over the three years, with an average growth rate of 1,981% and a median growth rate of 460%.
About the 2024 Deloitte Technology Fast 500
Now in its 30th year, the Deloitte Technology Fast 500 ranks 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.
To be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology sold to customers in products that contribute to most 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 at least four years and headquartered in North America.
About Beam Benefits
Beam Benefits is a digital-first benefits company redefining how employers and employees access and experience insurance. Through its proprietary technology and commitment to delivering smart, modern coverage, Beam offers dental, vision, life, and disability benefits to businesses of all sizes. Beam's innovative approach reduces costs, improves satisfaction, and simplifies benefits for all stakeholders. Learn more at www.beambenefits.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.
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Media Contact
Tim Meissner
tim.meissner@beambenefits.com
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