Samsara, the pioneer of the Connected Operations Cloud, announced it has ranked on the Deloitte Technology Fast 500™ for the third consecutive year. This respected list ranks the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America and selects winners based on percentage fiscal year revenue growth from 2018 to 2021. Samsara’s revenue grew 2,828% during this three-year period, as the company continues its trajectory of exhibiting substantial growth at scale.
Dominic Phillips, Chief Financial Officer at Samsara, credited this significant revenue growth to the company’s focus on customer success, rapid innovation, and talent development. He explained, “Samsara is purpose-built to help organizations navigate today’s unpredictable macroeconomic environment. The fast ROI customers get from our technology helps them control fuel costs, cut back on safety incidents, and make efficient use of their assets. As a result, we are strongly positioned to continue growing at scale as we digitize the world of physical operations.”
“In just seven years, we’ve welcomed thousands of customers to Samsara’s Connected Operations Cloud. Recognition on the Deloitte Technology Fast 500 for the third consecutive year is further validation that we’re at the early stages of a long-term market opportunity and we look forward to what the future holds”
This past year, Samsara has hit substantial new milestones, including:
- Surpassed 1,600 employees worldwide
- Surpassed $660 million in ARR, growing more than 50% year-over-year
- Became the largest open ecosystem for physical operations with more than 200 integration partners on the Samsara App Marketplace
- Released its inaugural ESG Report
- Expanded its executive team with a new Chief Information Security Officer, Chief Product Officer, and first Chief People Officer
Looking ahead to 2023, Samsara will continue to invest in research and development, expanding its platform, and delivering world-class onboarding and support.
“In just seven years, we’ve welcomed thousands of customers to Samsara’s Connected Operations Cloud. Recognition on the Deloitte Technology Fast 500 for the third consecutive year is further validation that we’re at the early stages of a long-term market opportunity and we look forward to what the future holds,” said Phillips.