TORONTO, CA November 18th, 2021<\/strong>\u2014WellnessLiving<\/a> the all-in-one business management software solution announces #295 placement on the 2021 Deloitte Technology Fast 500<\/a>\u2122, a ranking of the 500 fastest-growing technology, fintech, and energy tech companies in North America, now in its 27th year.<\/p>\n\n\n\n \u201cEach year the Technology Fast 500\u2122 shines a light on leading innovators in technology and this year is no exception,\u201d said Paul Silverglate<\/a>, vice chair, Deloitte LLP, and U.S. technology sector leader. \u201cIn the face of innumerable challenges resulting from the pandemic, the best and brightest were able to pivot, reinvent, transform and grow. We celebrate the winning organizations and especially the talented employees driving their success.\u201d<\/p>\n\n\n\n WellnessLiving\u2019s CEO and Co-Founder, Len Fridman, credits their dedicated team members, their passion for helping fitness businesses thrive, and a strategic pandemic pivot with the company\u2019s 445%+ revenue growth. \u201cWe are thrilled to be ranked on Deloitte\u2019s prestigious Technology Fast 500\u2122 list as one of the fastest-growing companies in North America,\u201d said Fridman. \u201cWe attribute our rapid growth to disrupting the fitness and wellness software space by creating a platform that is built around our customer’s needs.\u201d<\/p>\n\n\n\n \u201cWe pride ourselves on our customer-centric model which produces software solutions that directly address our customer\u2019s pain points and requests,\u201d adds WellnessLiving\u2019s COO and Co-Founder Sasha Davids. \u201cIt is this communal relationship that is the basis of our entire business model. Their success is truly our pride and joy\u2014our rapid growth is simply a byproduct of our dedication to our customers,\u201d said Davids.<\/p>\n\n\n\n \u201cThe WellnessLiving team was strategic to pivot our business to match the demand of the virtual fitness boom at the onset of the pandemic,\u201d continues Fridman. \u201cWe partnered with Zoom and released our fully integrated virtual services \u2014FitLIVE<\/a> and FitVID on Demand<\/a>, giving our customers new options to serve their clientele during lockdowns. Today, over 70% of our customers leverage a hybrid business model of both in-person and virtual services, giving their clients even more freedom to engage with their services than ever before. These virtual services now account for over 17% of their revenue and will continue to be a significant revenue stream for the foreseeable future. In addition, many of our customers have seen as much as a 210% increase in revenue compared to their pre-pandemic numbers,\u201d said Fridman.<\/p>\n\n\n\n \u201cThe pandemic has underscored the urgent need for tech solutions in a variety of areas across health care, fintech, energy tech, entertainment, so reliance on innovators like the winners of the Technology Fast 500\u2122 is more important than ever,\u201d said Christie Simons<\/a>, partner, Deloitte & Touche LLP and industry leader for technology, media, and telecommunications within Deloitte\u2019s audit & assurance practice. \u201cThese companies are not only at the cutting edge transforming the way we do business, but most importantly, recognize the strategic importance of ongoing innovation, especially in the ever-changing world of technology.\u201d<\/p>\n\n\n\n In order to be eligible for Deloittes\u2019s Technology Fast 500\u2122 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company\u2019s 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.<\/p>\n\n\n\n WellnessLiving was founded in Toronto, Canada, by Len Fridman (CEO) and Sasha Davids (COO). The pair had a dream to create a truly affordable, all-in-one, cloud-based solution, offering cutting-edge software management tools for fitness and wellness businesses around the world. Dynamic features like their automated marketing suite, advanced reporting, easy booking tools and rewards program allow customers to attract, engage and convert their clients. WellnessLiving is one of the fastest-growing software companies in North America with over 15 million users worldwide and are the proud recipient of the 2021 Deloitte Technology Fast 50\u2122 and Fast 500\u2122 award programs. WellnessLiving is the \u201csoftware company with a heart\u201d and we treat our customers like family. For more information visit www.wellnessliving.com<\/a><\/p>\n\n\n\n Now in its 27th<\/sup> year, the Deloitte Technology Fast 500\u2122 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies\u2014both public and private\u2014in North America. Technology Fast 500\u2122 award winners are selected based on percentage fiscal year revenue growth from 2017 to 2020. For further information, visit www.fast500.com<\/a><\/p>\n\n\n\nAbout the WellnessLiving Platform<\/h2>\n\n\n\n
About the 2021 Deloitte Technology Fast 500\u2122<\/h2>\n\n\n\n