26 Nov MomentFeed Ranked as One of the Fastest Growing Companies in North America on Deloitte’s 2018 Technology Fast 500™
Attributes Exceptional Revenue Growth to Helping Multi-Location Brands Create a Mobile Experience that Turns Mobile Consumers into Local Customers
Santa Monica, Calif. (BUSINESS WIRE) November 26, 2018
MomentFeed, the leader in mobile consumer experience management for multi-location brands, announces it ranked for the 2nd year in a row on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America.
MomentFeed’s chief executive officer, Robert Blatt, credits its innovative platform, which helps improve both paid and organic location-based consumer engagement as well as boost the visibility and drive increased traffic to individual store locations, with the company’s rapid growth. He said, “We give multi-location brands a unique toolset that enables them to influence consumers throughout their entire mobile journey. MomentFeed succeeds by helping multi-location brands win in the mobile consumer revolution by connecting brands and specific business locations with target consumers based on where they like to shop and eat at that very moment, and beyond.”
This is MomentFeed’s second inclusion as a Technology Fast 500 award winner, previously ranked as a Technology Fast 500 award winner for 2017.
“Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth.”
“Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “This year’s ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth.”
MomentFeed’s growth is driven by strong demand for the company’s Mobile Consumer Experience (MCX) platform, which helps a brand’s individual store locations become more discoverable, get more customers through the door, and drive revenue—all on a centralized platform. The MCX software platform, which is used today by some of the biggest and most popular multi-location brands in the world including Hertz, Jersey Mike’s, Regal Cinemas and Sephora, consists of several synergistic and innovative products including Visibility Manager, Location Finder, Social Media Manager, Paid Media Manager, Reputation Manager and Connect to integrate with a brand’s enterprise systems and bring insights to life with 3rd-party data.
About Deloitte’s 2018 Technology Fast 500™
Deloitte’s 2018 Technology Fast 500, which recognizes the fastest growing technology, media, telecommunications, life sciences, and energy technology companies in North America. The Technology Fast 500 is based on percentage of revenue growth from fiscal year 2014 to 2017.
Overall, 2018 Technology Fast 500 companies achieved revenue growth ranging from 143 percent to 77,260 percent from 2014 to 2017, with median growth of 412 percent.
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 $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
MomentFeed’s mobile customer experience management software enables multi-location brands to make their nearest location the best choice for every mobile customer. The Mobile Consumer Experience (MCX) management platform helps organizations manage consumer engagement at the store or field level, creating a mobile customer experience that is more authentic, relevant and engaging for local consumers and directly drives in-store foot traffic across multiple channels, providing marketing attribution for each channel.
With an integrated management and reporting system that spans multiple channels including mobile search, social media, digital advertising and customer care, the MCX platform helps continuously and predictably capture more in-store sales for retailers, restaurant chains, banks, auto dealers, insurance companies and other franchised and corporate-owned multi-location businesses. MomentFeed was founded in 2010 and is headquartered in Santa Monica, California. For more information visit www.momentfeed.com.
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