KeyMe Locksmiths Ranked Number 78 Fastest-Growing Company in North America on Deloitte's 2020 Technology Fast 500™
Attributes 1,495% Revenue Growth to Massive Retail Demand and Strong Customer Adoption for Its Innovative Key Duplication and Locksmith Services
NEW YORK, November 18, 2020 (Newswire.com) - KeyMe Locksmiths today announced it ranked 78 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. KeyMe Locksmiths grew 1,495% during this period.
KeyMe Locksmiths' Founder and Chief Executive Officer, Greg Marsh, credits KeyMe's ability to deliver high-value incremental services and millions of new-mover customers into its retailers with the company's 1,495% revenue growth. He said, "There are roughly 1 billion keys made annually in the U.S. -- we are fundamentally changing where and how people copy their house, car and RFID keys, and setting a new standard for quality, experience, and scope of services along the way!"
Overall, 2020 Technology Fast 500™ companies achieved revenue growth ranging from 175% to 106,508% from 2016 to 2019, with a median growth of 450%.
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 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 KeyMe Locksmiths
KeyMe Locksmiths is reinventing the $12 billion locksmith services industry with advanced robotics and AI, building the world's most trusted brand in "access solutions." The company's network of self-service kiosks are located in thousands of retail locations across the country supporting duplication of brass keys as well as sophisticated electronic keys such as RFID and vehicle transponder keys. Additionally, KeyMe Locksmiths offer customers a one-stop solution for all their locksmith needs ranging from 24-hour emergency lockouts and vehicle key fob replacement to complex commercial and residential installations.
Source: KeyMe Locksmiths