Toronto, Canada — September 12, 2019 — For the second year in a row, Fiix has ranked on the Growth 500 list, an annual ranking of Canada’s Fastest-Growing Companies. The list is produced by Canadian Business, and ranks the country’s most successful businesses based on five-year revenue growth.
Fiix, a Toronto-based maintenance and asset management software provider, ranked 47th on the Growth 500 list, moving up sixteen spots and cracking the top 50 in the nation thanks to explosive revenue growth of more than 1680% in the last five years. Fiix partners with customers in the maintenance industry to increase productivity and decrease costs via innovative software solutions.
“The companies on the 2019 Growth 500 are truly remarkable. Demonstrating foresight, innovation and smart management, their stories serve as a primer for how to build a successful entrepreneurial business today,” says Beth Fraser, Growth 500 program manager. “As we celebrate over 30 years of the Canada’s Fastest-Growing Companies program, it’s encouraging to see that entrepreneurship is healthier than ever in this country.”
“We are very excited to be included in the Growth 500 ranking for the second year in a row. This award highlights not only our accomplishments, but the hard work and dedication of the incredible people who helped get us here. It speaks to the amazing group of Fiixers who work every day to help our customers navigate digital transformation and solve real business challenges,” says James Novak, CEO of Fiix.
Driven largely by increased demand for software solutions among maintenance professionals, by the end of 2018, year-to-date revenue at Fiix was up by more than 90% over 2017. That growth has continued in 2019, bolstered by a $40 million USD Series C investment in January, the launch of a new Integration Hub – a smart asset management solution that gives customers access to any integration from a central point – in July, and the acquisition of Alchemy IoT in August, making Fiix the first CMMS vendor to offer a true AI-driven predictive maintenance solution. These recent developments firmly place Fiix at the head of the market for condition-based and predictive maintenance software. Finally, the company’s financial success and tech innovation are also matched by its corporate culture, and Fiix has once again been recognized as a Great Place to Work.
Fiix is the maintenance and asset management software provider that’s putting the power in your hands by simplifying the journey to modern maintenance. Whether you’re looking to organize assets and manage work, or connect to business systems and make data-driven decisions, we partner with you to give you the tools to evaluate, buy, implement, and integrate software, and start your reliability journey.
Visit fiixsoftware.com for more.
About the Growth 500
For over 30 years, the Growth 500 ranking of Canada’s Fastest-Growing Companies has been Canada’s most respected and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in a special Growth 500 print issue of Canadian Business (packaged with the October issue of Maclean’s magazine) and online at Growth500.ca and CanadianBusiness.com, the Growth 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking, visit Growth500.ca.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.
Jes Ellacott, Fiix, [email protected], 1 (855) 884-5619