February 9, 2018

TextNow Is Starting To Grow On You

Written by kevin-c


Canadian Business magazine unveils its 30th annual list of Canada’s Fastest-Growing Companies, and you’ll never guess who’s on it.

_‍_Every year for the past thirty years, Canadian Business magazine has listed the fastest-growing companies in Canada, and this year was no exception. The Growth 500 (formerly known as the the PROFIT 500) profiles the country’s most successful growing businesses, based on revenue growth over the past five years.

And we’re on it! Safely ensconced at number 149, we saw an outstanding 379% revenue growth in the last five years. Not bad for a company that started out in our founder’s student apartment. (Also, I can’t help but notice that I’ve been here for four of those five years. They keep telling me that correlation is not causation, but come on.)And speaking of our founder, let’s hear what he has to say about this prestigious numerical ranking:

“We’re thrilled to be a part of this list,” says CEO Derek Ting. “It’s great to be recognized for this wild journey TextNow has been on, from starting with just a couple of university students making an app to becoming an industry leader with over 100 million downloads in just a handful of years. But it’s also a strong indication of how strong the tech sector is, not just in Waterloo, but all across Canada.”

But the business side of things is only one aspect of any company. Granted, it’s a pretty important one, but the intangibles are what makes companies strong. Greg Silva, our VP of People & Culture, notes:

[TextNow’s] culture and the way we live our values are at the core of our success in attracting, challenging and retaining top talent across the company.

Deborah Aarts, Growth 500 program manager, has this to say about the companies under this year’s spotlight:

The companies on the 2018 Growth 500 are truly remarkable. Demonstrating foresight, innovation, and smart management, their stories serve as a primer for how to build a successful entrepreneurial business today. As we celebrate 30 years of Canada’s Fastest-Growing Companies program, it’s encouraging to see that entrepreneurship is healthier than ever in this country.

We couldn’t agree more. We’re proud to be a part of what is, in our humble opinion, the most interesting and exciting industry in Canada. And we know it’s a cliche to say that we’re just getting started, but… seriously, we’re just getting started.

You can see the full list here, and check out the September issue of Canadian Business for an in-depth look at all the companies, or online at their Growth 500 page.Want to be a part of one of the fastest-growing companies in Canada? Check out our job openings at about.textnow.com/careers!