Business
Life360 Named One of the Fastest-Growing Companies in North America on the 2024 Deloitte Technology Fast 500™
Attributes 278% revenue growth to continued focus and execution of key strategic growth pillars SAN FRANCISCO, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Life360, the
About this update from Life360, Inc.
[{"type":"text","content":"Attributes 278% revenue growth to continued focus and execution of key strategic growth pillars\nSAN FRANCISCO, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Life360, the leading family connection and safety company, today announced it ranked No. 393 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. Life360 grew 278% from 2020 to 2023. “We are honored to be named to Deloitte’s Technology Fast 500 list. This recognition serves as a testament to our continued focus and execution as we deliver audience growth, expand our paid offerings and subscriptions, and drive profitability with operational efficiency,” said Chris Hulls, Co-founder and Chief Executive Officer, Life360. “With this robust foundation, we are well on our way to reaching our long-term revenue goals and creating sustained value for our customers and stakeholders.” With nearly 77 million monthly active users globally, Life360’s category-leading mobile app and Tile tracking devices empower members to stay connected to the people, pets, and things they care about most, with a range of services, including location sharing, safe driver reports, and crash detection with emergency dispatch. Life360 delivers peace of mind and enhances everyday family life in all the moments that matter, big and small. About the 2023 Deloitte Technology Fast 500Now in its 30th 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 2020 to 2023. 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 Life360Life360, a family connection and safety company, keeps people close to the ones they love. ...