The Canadian startup is once again one of the country’s top growing companies with a 257% revenue increase over the past three years
Rossland, B.C. – September 24, 2021 – ThoughtExchange, the world’s only enterprise discussion management platform powered by patented anti-bias technology, secured a spot on Globe and Mail’s annual list of Canada’s Top Growing Companies for the second year in a row. ThoughtExchange holds spot number 170 on the 2021 list after experiencing an exponential revenue growth of 257% over the past three years – moving up four spots from its place on the 2020 list. This recognition cements ThoughtExchange’s place as a must-have enterprise tool for today’s most successful leaders as organizations grapple with creating alignment across remote teams.
“These past 18 months have felt like ‘survival of the fittest’; a true testament to the resilience of companies,” says Dave MacLeod, CEO and co-founder of ThoughtExchange. “The world has experienced a massive shift in terms of how and where we work. I feel humbled to help other companies solve these problems as the leader of a remote-first workplace for 10+ years. Being named one of Canada’s Top Growing Companies again is an honor and proves we’re on the right track.”
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 complete an in-depth application process to qualify. In total, 448 companies earned a spot on this year’s ranking.
The full list of 2021 winners and accompanying editorial coverage is published in the October issue of Report on Business magazine—out now—and online.
“As we look toward the future, Canada’s Top Growing Companies offer both inspiration and practical insights for other firms facing similar challenges,” says James Cowan, Editor of Report on Business Magazine. “The entrepreneurs behind these companies are smart, tenacious, and unwavering in their commitment to their goals.”
“Any business leader seeking inspiration should look no further than the 448 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.”
ThoughtExchange’s SaaS platform is favored by a growing list of Fortune 500 companies such as GE Healthcare and Oracle NetSuite, as well as healthcare organizations, governments, leading tech startups, and thousands of educational leaders across the globe. In the first three months of the COVID-19 pandemic, as many businesses struggled to stay afloat amid seismic operational and economic shifts, ThoughtExchange saw a year-over-year user growth of over 600%. The company has secured $50 million in funding to date, including $34M Series B funding in November 2020.
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 6.4 million readers every week in print or digital formats, and Report on Business magazine reaches 2 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.
ThoughtExchange’s software allows leaders to have a conversation with a crowd of 10-100,000 people, in person or virtually. The technology ensures everyone in the crowd is heard, everyone learns and the most important ideas emerge. Patented data analysis and AI provides deep insights and surfaces similarities and actionable intelligence to help leaders make better-informed decisions that have buy-in.