SirionLabs Ranked as One of the Fastest-Growing Companies in North America on the 2021 Deloitte Technology Fast 500™ Second Time in a Row
Enterprise CLM leader attributes 242% revenue growth to its unique ability to deliver advanced AI-powered CLM technology with unmatched ease of use, thereby emerging amongst the Deloitte Technology Fast 500 in North America
New York, NY – December 1, 2021— SirionLabs, the leader in AI-powered contract lifecycle management (CLM) technology, today announced it has once again been recognized on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America. SirionLabs grew 242% during the assessment period between 2017 and 2020 and boasts such clients as Unilever, GTAA, Vodafone, among others.
SirionLabs’ CEO and Co-Founder, Ajay Agrawal, credits the company’s focus on delivering real and measurable value through cutting edge technology to its growing list of global customers as a significant factor to the company’s revenue growth. He said, “We are pleased to have once again be named to Deloitte’s Technology Fast 500.This recognition is testament to our continued effort to bring AI-powered CLM smarter contracting solutions to enterprises around the globe. With SirionOne, our global customers are achieving greater visibility and control over their contract management lifecycle processes and reaping benefits in the form of reduced risks and costs. We are helping them build efficient contract management strategies and optimized processes that are delivering quantifiable business impact.”
“Whether it’s creating new contracts or analyzing legacy contracts, our mission is to simplify the commercial value chain for businesses through strategic buy-side and sell-side relationships. Our success stems from a robust 3-pronged approach: AI-powered technology, a superior user experience centered around practicality and ease-of-use, and our ability to deliver tangible business value and results for our clients time and time again,” added Rajeev Kumar, Chief Revenue Officer at SirionLabs.
“Each year the Technology Fast 500 shines a light on leading innovators in technology and this year is no exception,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “In the face of innumerable challenges resulting from the pandemic, the best and brightest were able to pivot, reinvent and transform and grow. We celebrate the winning organizations and especially the talented employees driving their success.”
SirionLabs’ recognition in Deloitte’s Technology Fast 500 follows another flourishing year flush with milestones and developments for the company. Over the past twelve months, the company has signed a record number of new customer logos, including Alstom, Deutsche Post DHL and Aéroports de Montréal, while simultaneously strengthening its partner ecosystem. The firm further announced its global expansion across three new offices in Germany, France and Australia. This accompanies a sustained growth of its workforce across all functions, including technology, implementation services, human resources, sales & marketing, pre-sales and customer success.
About the 2021 Deloitte Technology Fast 500™
Now in its 27th 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 2017 to 2020.
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.
Bringing together category-leading innovation, unrivaled Contract Lifecycle Management expertise, and a deep commitment to customer success, SirionLabs helps the world’s leading businesses contract smarter. Powered by intelligence uniquely connected across the complete contract lifecycle, SirionLabs’ easy-to-use, highly configurable Smarter Contracting platform brings legal, procurement, sales, and business teams together to author stronger contracts, improve risk management and strengthen counterparty relationships. SirionLabs is trusted by over 200 of the world’s most successful organizations to manage 5+ million contracts worth more than $450 billion across 70+ countries. For more information, visit www.sirionlabs.com
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