FLO | AddEnergie Ranks Among the Top Fastest-Growing Tech Companies in North America on Deloitte’s 2020 Technology Fast 500™
FLO | AddEnergie also features in Canada’s Technology Fast 50™ ranking
Quebec City, November 18, 2020 — AddEnergie today announced it ranked 273 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 now in its 26th year. FLO | AddEnergie recorded an annualized growth rate of 71% between 2016 and 2019. The company also ranked 46th in Canada’s Technology Fast 50™ 2020 ranking of the fastest growing Canadian technology companies.
Louis Tremblay, President and Chief Executive Officer of FLO | AddEnergie, credits the company’s rapid growth in recent years to the emphasis placed on reliability and quality of the charging experience across the FLO electric vehicle (EV) charging network. Employee passion, expertise and dedication have also played pivotal roles in making this exciting growth possible. “It’s an honor to be part of Deloitte’s prestigious ranking. We view this recognition as a validation of our business strategy, which is oriented towards growth and new market development. It is also an opportunity for me to highlight the exceptional contribution made by every member of my team, as we would not be in a position to celebrate today’s achievement without them” said Tremblay.
About Deloitte’s 2020 Technology Fast 500™
Now in its 26th year, 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 2016 to 2019.
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 $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About FLO | AddEnergie
AddEnergie is a leading North American charging network operator for electric vehicles and a major provider of smart charging software and equipment. Every month, AddEnergie charging stations and its FLO network enable approximately half a million charging events and the transfer of 5.5 GWh in electricity, thanks to 30,000 high-quality stations deployed on public networks, commercial and residential installations. AddEnergie’s headquarters and network operations centre are based in Quebec City, and its assembly plant is located in Shawinigan (Quebec). The company also has an office in Montreal and regional teams located in Ontario, British Columbia, California, New York and Florida.
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Director, Communications and Public Affairs
FLO | AddEnergie