Company attributes continued strong revenue growth to ongoing product-market fit, innovation, world-class threat intelligence and high-efficacy technology amid the escalation of online fraud and AI-powered volumetric attacks
SAN MATEO, Calif., November 21, 2024 — Arkose Labs, today announced it ranked No. 72 in the San Francisco Bay Area 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, now in its 30th year. Arkose Labs has ranked on this list four consecutive years.
New research shows that AI-powered volumetric attacks have surged 36% over the past two years, with 56% of enterprises reporting increased challenges from cyberattacks driven by generative AI. Arkose Labs Founder and CEO Kevin Gosschalk attributes the company’s revenue growth to high market demand for solutions designed for complex, global infrastructures, product innovation to counter adversarial AI and robust cross-industry intelligence it shares so that customers can tune their internal risk models.
“This is the fourth consecutive year Deloitte has honored us on the Fast 500 list,” Gosschalk said. “The recognition reflects our team’s dedication to ongoing innovation, proactive customer service and consistent, material value creation, helping customers secure online transactions and reduce the costs of digital fraud. Our strong partnerships with the world’s most recognizable companies inspire us to continually evolve our platform, and our cross-industry intelligence network helps keep our customers ahead of threats coming around the corner.”
Overall, 2024 Technology Fast 500 companies achieved revenue growth ranging from 201% to 153,625% over the three-year time frame, with an average growth rate of 1,981% and median growth rate of 460%.
Now 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 Arkose Labs
The world’s most recognizable brands, including two of the top three banks, social media companies and tech titans, trust Arkose Labs to enable a seamless experience for genuine users and protect against online fraud, such as account takeovers, fake account creation and MFA compromise. Drawing on insights from our extensive cross-industry intelligence network—encompassing legitimate and attack patterns from the world’s leading companies—and enhanced by digital risk signals like email intelligence, behavioral biometrics and device profiling, we proactively neutralize bots and bad actors. We share comprehensive fraud detection intelligence with our customers to enhance and optimize their internal risk models. No one else provides more proactive support for internal security teams, actively takes down threat actor groups or excels like Arkose Labs in sabotaging the profitability of the most advanced, AI-driven attackers. Based in San Mateo, California, Arkose Labs operates worldwide with offices in Asia, Australia, Central America, EMEA and South America.
About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 460,000 people worldwide connect for impact at www.deloitte.com.
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For more information about Arkose Labs, visit www.arkoselabs.com.
Media Contact:
Jean Creech Avent
Global Head of Brand and Communications
Arkose Labs
+1 843-986-8229
