Sept. 25, 2020 (Saskatoon, CANADA) – Vendasta is pleased to report it secured a spot on the Globe and Mail 2020 Report on Business ranking of Canada’s Top Growing Companies, released today.
With verified three-year revenue growth of 135%, the leading end-to-end ecommerce platform placed #273 among the nation’s fastest growing businesses. In total, 400 companies earned a spot on this year’s list.
“As we continue to push toward the $100 million revenue mark, maintaining a high growth rate is challenging,” Vendasta CEO Brendan King said. “However, our growth rate continues to increase as we become the company of choice for providing an end-to-end ecommerce platform to businesses.
Global demand is rising dramatically, and Canadian tech is being seen as desirable and competitive. I am proud of the world-class platform our team is building right here in Saskatoon.”
“We are fortunate to be in the business of providing a white-label platform for our channel partners to help local businesses with ecommerce, collaboration, and online learning tools. This is especially true during these trying times as small businesses move quickly to adapt,” King said.
Launched in 2019, the Canada’s Top Growing Companies editorial ranking aims to celebrate entrepreneurial achievement in Canada by identifying and amplifying the success of growth-minded, independent businesses in Canada. It is a voluntary program; companies had to complete an in-depth application process in order to qualify.
The full list of 2020 winners, and accompanying editorial coverage, is published in the October issue of Report on Business magazine—out now—and online at tgam.ca/TopGrowing.
“The stories of Canada’s Top Growing Companies are worth telling at any time, but are especially relevant in the wake of COVID-19 pandemic,” says James Cowan, Editor of Report on Business magazine. “As businesses work to rebuild the economy, their resilience and innovation make for essential reading.”
“Any business leader seeking inspiration should look no further than the 400 businesses on this year’s Report on Business ranking of Canada’s Top Growing Companies,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “Their growth helps to make Canada a better place, and we are proud to bring their stories to our readers.”
Vendasta provides an end-to-end commerce platform to 30,000+ customers who sell digital products and services to more than four million small and medium businesses (SMBs) worldwide. These customers include marketing agencies, independent software vendors (ISVs), and media companies. The Vendasta Platform allows these groups to easily adopt new solutions from a marketplace of SaaS technologies that they can sell under their own brand to SMB customers. The platform provides AI-driven marketing automation, sales tools, and an integrated CRM to facilitate go-to-market. It also includes task, orders, and billing management systems to help scale through robotic process automation. SMBs are provided one login for all solutions purchased under a Vendasta customer’s brand. They enjoy an integrated dashboard with prescription, context, and tracking to understand how they are doing and how they can improve performance. Vendasta has a growing team of more than 450 people based in Saskatoon, Saskatchewan, Canada, and has been named one of Canada and North America’s fastest growing companies for five years in a row.
About The Globe and Mail
The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 5.9 million readers every week in print or digital formats, and Report on Business magazine reaches 2.1 million readers in print and digital every issue. The Globe and Mail’s investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.
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