Pioneer in Conversational AI named one of the fastest growing companies in the U.S.

Drips today announced it was named as one of the Deloitte Technology Fast 500™, a recognition of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 27^th year. Drips’ focus on empowering brands to capture intent and drive meaningful conversations sparked a growth rate of 308% during this period.

Drips’ Chief Executive Officer, Aaron Christopher “A.C.” Evans, credits this achievement to his team’s ability to automate its AI-powered conversational outreach platform and the significant growth investments secured in 2021 from Accel-KKR, the Blue Venture Fund, and a credit facility with Wells Fargo Capital Finance’s Technology Finance group.

Evans said, “We are honored to be recognized for our hard work. 2021 has been a great chapter in Drips’ story thanks to our dedicated team that allowed us to secure several strategic key investments. This high level of confidence in our conversational outreach platform will allow us to expand into new markets as we’ve already reached an industry-leading level of autonomy and scale. Additionally, our 2020 transition to a fully remote workplace has allowed us to scale our recruiting efforts and given us a broader reach into a pool of talented individuals to join our strong employee culture.”

“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.”

“The pandemic has underscored the urgent need for tech solutions in a variety of areas across health care, fintech, energy tech, entertainment, to name a few, so reliance on innovators like the winners of the Technology Fast 500 is more important than ever,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit & assurance practice. “These companies are not only at the cutting edge, transforming the way we do business, but most importantly, recognize the strategic importance of ongoing innovation, especially in the ever-changing world of technology.”

This is the third consecutive year that Drips has been recognized as one of the fastest growing companies in America on Deloitte’s Technology Fast 500 list. Overall, 2021 Technology Fast 500™ companies achieved revenue growth ranging from 212% to 87,037% from 2017 to 2020, with median growth of 521%.

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.

About Drips

The Drips AI-powered platform enables brands to engage with their audiences using a conversational outreach strategy that includes human-like two-way texting, scheduled calling and voicemail messages. Backed by a proprietary natural language processing model, the Drips platform empowers brands to break through the noise, capture intent and drive meaningful outcomes. With more than half a billion conversations handled to-date, our AI is constantly improving. More than 3.5 billion touch points have gone through the Drips platform. The platform offers an open API allowing clients to integrate with any CRM, marketing automation system, dialer or call center platform. Learn more at www.drips.com or connect via LinkedIn, Twitter, Instagram or the Drips blog.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

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