Left Recognized by Deloitte As One of the Fastest Growing Technology Companies in Canada and North America
Certified B-Corporation Uses Profits to Help Bridge the Digital Divide
Maple Ridge, Canada — November 15, 2018 — Left, a technology innovation company with holdings in AI, big data, blockchain, and mesh networking, today announced two impressive achievements ranking 16th on the Deloitte Technology Fast 50™ list in Canada and 101st on the Deloitte Technology Fast 500™ list in North America.
Left was selected from hundreds of nominations based on its rapid revenue growth, entrepreneurial spirit, and bold innovation. Left’s impressive revenue growth of 409.08% from 2014–2017 was a deciding factor in making the lists.
The Deloitte Technology Fast 50 program winners consist of public and private companies in the technology sector, which have transformed the industry. Now in its 21st year, the program runs alongside the broader Deloitte North American Technology Fast 500™, with winners automatically eligible for this elite ranking.
“We are thrilled to be honoured by Deloitte and recognized as a contributing factor in the tremendous evolution of the Canadian technology sector,” said Chris Jensen, CEO and Co-founder of Left. “As a certified B-Corporation, our revenue growth allows us to continue to build technology that makes the world a better place. In particular, our mobile mesh networking project, RightMesh, is poised to lift hundreds of millions out of poverty, improve educational outcomes, and bring connectivity to the almost 4 billion people left behind in the digital divide.”
“Business is changing rapidly, and what used to work a few years ago isn’t a recipe for what will work in the future,” said Erica Pretorius, Partner and National Leader for the Technology Fast 50™ program at Deloitte Canada. “Fast 50 winners are a beacon of innovation and I’m looking forward to how they will change the business and technology landscape in the future.”
To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, conduct research and development activities in Canada and invest a minimum of five percent of gross revenues in R&D.
About the Deloitte Technology Fast 50™ — The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features three distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies with the potential to be a future Deloitte Technology Fast 50 candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, 3C Innovation, BCF Business Law, Bank of Montreal, Bennett Jones, CBRE, First West Capital and OMERS Ventures . For further information, visit www.fast50.ca.
About the Deloitte Technology Fast 500™ — Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences 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 2014 to 2017.
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.
About Left — Left is a B-Corp Certified, Canadian multinational media and technology company committed to using technology for positive social impact. With its project, RightMesh, Left is addressing the global challenge of connectivity — particularly in regions where the digital divide is greatest, such as in Northern Canada and developing nations. The project’s mission is to connect the next billion users through their infrastructure-less connectivity solution that uses mobile mesh Wi-Fi, Wi-Fi Direct and Bluetooth technologies inherent in mobile devices around the world to share internet data in areas without access to quality internet bandwidth. Individuals are incentivized to share data through financial compensation afforded by blockchain and cryptocurrency technologies (RMESH). Left Travel, another brand of Left, has been using big data, A.I., and predictive analysis to convert high search intent traffic into quality bookings for hotels and short-term stays since 2010. Headquartered in the Vancouver-based suburb of Maple Ridge, BC, Left has offices and employees in Bangladesh, Singapore and the United States. RightMesh AG, a Swiss registered company, contracts the research and development of the RightMesh project to Left.
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