Expel Ranked as a Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™ for Third Consecutive Year

Attributes 511% revenue growth to industry-leading innovation and scalable, best-in-class approach to cybersecurity

Press releases · Cole Finch

Herndon, VA, November 8, 2023—Expel, the security operations provider that aims to make security easy to understand, use and improve, today announced its inclusion on the Deloitte Technology Fast 500™ for the third consecutive year. Now in its 29th year, the list ranks the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. Expel ranks 266 on the list with a 511% revenue growth.

“Every year, we push ourselves to be better—to achieve better outcomes for our customers, to provide a better place to work and grow for our people, and to better protect the world against cyber threats,” said Dave Merkel, CEO and co-founder of Expel. “Placement on the Deloitte Technology Fast 500 for the third consecutive year is validation we’re doing just that: building and delivering on a service and culture that, with unwavering effort, only improves with time. I’m extremely proud of our whole crew, who make it all possible.”

This year, Expel’s constant commitment to innovation and advancement was evident in the introduction of several industry-leading product offerings, including Expel® Managed Detection and Response (MDR) for Kubernetes—the first-to-market offering of its kind. The company also unveiled Expel® Vulnerability Prioritization, a service that informs organizations which vulnerabilities pose the greatest risk to them, so their security operations center (SOC) and IT teams can take immediate, informed action.

“We’ve built a platform and business model that scales as we grow, and it’s allowed us to be relentless in our pursuit of innovations that improve outcomes and services for our customers,” said Yonni Shelmerdine, Chief Product Officer, Expel. “Consecutive placements on this prestigious list further affirms that our best-in-class approach to security resonates with customers who want the most effective and efficient security operations.”

Expel’s recognition on the Deloitte Technology Fast 500 adds to a growing list of recent industry accolades for the company. This year, Expel was named a Leader in The Forrester Wave™: Managed Detection and Response, Q2 2023, earned a spot on CRN’s annual Security 100 list as one of the 20 Coolest Endpoint And Managed Security Companies Of 2023, and was ranked on five Best Workplaces 2023 lists by Great Place to Work®, Fortune, and PEOPLE® (Best Workplaces for Women, Best Workplaces in Technology, Best Medium Workplaces, Companies that Care, and Best Workplaces for Millennials).

To learn more about Expel’s software-driven approach to managed security, visit the product page.

About the 2023 Deloitte Technology Fast 500
Now in its 29th 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 2019 to 2022.

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 Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 457,000 people worldwide connect for impact at www.deloitte.com.

About Expel
Expel helps companies of all shapes and sizes minimize business risk. Our technology and people work together to make sense of security signals—with your business in mind—to detect, understand, and fix issues fast. Powered by our security operations platform, Expel offers managed detection and response (MDR), remediation, phishing, vulnerability prioritization, and threat hunting. For more information, visit our website, check out our blog, or follow us on LinkedIn or Twitter.

Loren Guertin
Matter Communications on behalf of Expel

Jimmy Alder
Harvard on behalf of Expel

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