Simpat Tech Ranked in Austin’s Top 10 Fastest Growing Privately-Held Companies for the 2nd Year in a Row
Simpat Tech is honored to have been named to the Austin Business Journal’s 2021 Fastest Growing Companies list for the second year in a row, ranking #7 in 2021 out of all privately-held entrants in the greater Austin, TX area with less than $10M revenue. Simpat ranked #4 on the same list, formerly called the ‘Fast 50’, in 2020.
“It’s been a challenging year for most companies, and Simpat Tech is no exception,” states Ashish Patel, CEO, and Founder of Simpat Tech. “Being recognized for our growth in these difficult times is especially meaningful, but it wouldn’t be possible without the strong relationships we’ve built. We deeply appreciate that our customers continue to trust us for their custom software development needs.”
Austin Business Journal publishes its list of fastest-growing companies on an annual basis. The organization recognizes two groups of award recipients based on their revenue growth over the previous three-year period: companies with revenue totaling $500,000-$9,999,999 and companies with revenue totaling greater than $10M.
“We have always believed that the nearshore development model provides the best of both worlds: cost-effectiveness without compromising technical excellence,” shares Eduardo Ramos, Simpat Tech’s COO and Managing Partner. “We’re pleased that our customers continue to see value in the technical services we provide, as well as the exceptional team of developers we’ve built.