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An overview of this year's winners, by the numbers

Private vs. public Percentage of companies 78% 78% 22% 22% Private Public
3-year growth rate companies had a growth rate of 1,000% or higher 143 of companies received venture capital or private equity funding in their history 84% of companies were first-time Fast 500 winners 47% 125138% 241%
Winners by industry 1% Communications/ networking 2% Energy & sustainability technology 61% Software & services 19% Life sciences Hardware & semiconductors 4% 4% Digital content/ media/ entertainment 9% Fintech
Subsector breakdowns Remains the leading industry with Software & services 304 Winning companies Digital platforms 49% Enterprise infrastructure & productivity 30% 13% Security 2% Education 97 Second leading industry with Life sciences Winning companies 67% 23% 10% Biotechnology/ pharmaceutical Health tech Medical devices Consumer software 6%
3-year median percentage growth rate—by industry 611% Fintech 611% Software & services 563% Hardware & semiconductors 613% Life sciences 745% Energy & sustainability technology 590% Communications/ networking 557% Digital content/ media/ entertainment
Number of employees of winning companies From 3 to 8,521 Total 266,923 Winning companies by number of employees Data based on Fast 500 applications received between April and July 2022. 101–250 251–500 501–1,000 1,000+ 12% 11% 26% 23% 15% 13% 0–50 51–100
2022 Technology Fast 500 companies— winners by market