Visual Lease, a provider of lease accounting and management software, announced the company ranked No. 167 on Deloitte’s Technology Fast 500, a ranking of the 500 fastest-growing public and private technology, media, telecommunications, life sciences and energy tech companies in North America. Visual Lease revenue grew by 1,193 percent over a three-year period, from 2016 to 2019.
Marc Betesh, CEO and Founder of Visual Lease, credits the company’s industry-leading technology, 98 percent customer retention rate and the market demand for lease accounting compliance for its impressive revenue growth.
“Being named one of Deloitte’s fastest-growing companies is a testament to our dedication to providing an exceptional customer experience,” said Betesh. “Visual Lease offers robust lease accounting capabilities that are unmatched within the industry. I’m proud of our team who has worked so hard to deliver solutions and services that address the need to manage and account for critical lease information.”
Deloitte’s Technology Fast 500 list selects winners based on percentage fiscal year revenue growth from 2016 to 2019.
Earlier this year, Visual Lease’s explosive growth gained recognition within the top 10 percent on the Inc. 5000 list of fastest-growing companies in America. Since 2016, Visual Lease has grown its employee base by more than 1,000 percent and has plans to introduce new roles in 2021.