Mindbody Named to Deloitte’s 2016 Technology Fast 500™
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Tracy Richmond
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Mindbody Named to Deloitte’s 2016 Technology Fast 500™
Software provider to the wellness services industry recognized for continued high growth
San Luis Obispo, CA – November 17, 2016 – MINDBODY, Inc. (NASDAQ:MB), the leading provider of cloud-based business management software to the wellness services industry, has been included in Deloitte’s Technology Fast 500™, ranking 338 on this list of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. 2016 is the fifth time Mindbody has appeared on the Fast 500 list, previously ranking in 2010, 2011, 2012 and 2013.
Mindbody’s cloud-based business management solution helps business owners in the wellness services industry boost revenue, streamline operations and access their critical business data from any web-connected device. Over the past few years the company has expanded its software platform to include multiple mobile app offerings including mobile business management and branded mobile app solutions. In addition, the consumer-facing Mindbody app connects hundreds of thousands of wellness providers to millions of people around the world seeking their services.
“One of our core values and guiding principles is to continuously evolve, and our long term ranking on this list reflects that commitment,” said Rick Stollmeyer, Mindbody CEO and Co-founder. “Our ongoing investments in growth and innovation enable us to serve ever-widening circles of wellness businesses, consumers and technology partners. In that way, we are connecting the world of wellness.”
Deloitte’s 2016 Technology Fast 500 award winners are selected among both private and public companies throughout North America with rankings based on percentage fiscal year revenue growth from 2012 to 2015. Mindbody grew 217 percent during this time period.
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 $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Mindbody
MINDBODY, Inc. (NASDAQ: MB) is the leading provider of cloud-based business management software for the wellness services industry and an emerging consumer marketplace. Over 58,000 local businesses and 326,000 wellness practitioners in over 130 countries and territories use Mindbody's integrated software and payments platform to run, market and build their businesses. These practitioners provide a variety of wellness services to approximately 35 million active consumers who use the Mindbody platform to more easily evaluate, engage and transact with them to live healthier and happier lives. For more information, visit mindbodyonline.com.
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