New York, NY, [November 21, 2024] — Trullion, a leader in AI-powered accounting and audit technology, proudly announces its recognition as the 14th fastest-growing company on the prestigious Deloitte Technology Fast 500™. Now in its 30th year, this ranking highlights the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America.
Trullion’s CEO Isaac Heller credits the company’s fast-paced growth to the emerging adoption of AI accounting software. “The accounting industry and CFOs are coming to a fast realization that to achieve their goals and focus more on strategy and talent retention, AI and automation are critical. Auditors, accountants, finance teams, and CFOs recognize that accounting automation provides efficiency, transparency, and overall cost-savings for their organizations,” says Heller.
Trullion’s rapid growth is fueled by a convergence of key industry challenges: an ongoing talent shortage in accounting, a rapidly evolving regulatory landscape (including IFRS 16 and FRS 102), and a lack of technological innovation in the space. Trullion’s AI-native platform directly addresses these issues, providing the tools accounting professionals need to adapt and thrive. This momentum has also enabled Trullion to expand into the audit space, further solidifying its role as a leader in accounting and audit innovation.
In September 2024, Trullion introduced Audit Suite, a cutting-edge, AI-powered audit platform designed to revolutionize the auditing process. By combining cloud-based technology with AI automation, Audit Suite enhances efficiency, improves accuracy, and minimizes human error, marking a significant step forward in modernizing the audit industry.
“For 30 years we’ve been celebrating companies that are actively driving innovation. The software industry continues to be a beacon of growth, and the fintech industry made a strong showing on this year’s list, surpassing life sciences for the first time,” said Steve Fineberg, vice chair, U.S. technology sector leader, Deloitte. “Significantly, we also saw a breakthrough in performance of private companies, with the highest number of private companies named to the list in our program’s history. This year’s winners have shown they have the vision and expertise to continue to perform at a high level, and that deserves to be celebrated.”
“Innovation, transformation, and disruption of the status quo are at the forefront for this year’s Technology Fast 500 list, and there’s no better way to celebrate 30 years of program history,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s Audit & Assurance practice. “This year’s winning companies have demonstrated a continuous commitment to growth and remarkable consistency in driving forward progress. We extend our congratulations to all of this year’s winners — it’s an incredible time for innovation.”
About the 2024 Deloitte Technology Fast 500
Now in its 30th year, the Deloitte Technology Fast 500 provides a ranking of 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.
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 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.
About Trullion
Trullion is an AI-powered accounting platform that automates financial workflows for finance teams, accountants, and auditors, enhancing efficiency, accuracy and collaboration. Founded in 2019 and headquartered in New York, with offices in Tel Aviv and London, Trullion is backed by Aleph, Third Point Ventures, Greycroft, StepStone Group, and leading global CFOs. Visit www.trullion.com to learn more.
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.