CHARLOTTE, NC – December 1, 2023 – DebtBook is pleased to announce that it ranked #1 on Charlotte Business Journal's 2023 Fast 50 list – a ranking of Charlotte's fastest growing companies. DebtBook achieved an average annual growth rate of 517% from 2020 through 2022, to take home the top spot.
When asked about starting DebtBook, co-Founder and CEO, Tyler Traudt said, "I felt like there was need for a software company to organize some of the madness and unify the information governments and nonprofit finance teams and all those helping them needed to do their jobs.”
Read more about DebtBook's amazing growth story in this article featuring founders Tyler Traudt and Erik Pelletier.
About the Fast 50 Awards
Eligible companies must have completed three full years of operation by the end of 2022 and logged sales of at least $1 million that year. They are privately held corporations, proprietorships or partnerships — not subsidiaries or divisions — that are based in the Charlotte region. Companies that entered the Fast 50 program provided financial documentation to be evaluated by accounting firm CliftonLarsonAllen, which ranked participants based on a formula to determine each's average annual revenue growth rate over the three years from 2020 through 2022.
About DebtBook
DebtBook connects and powers treasury and accounting teams in the public finance industry so they can deliver on their mission and improve lives. We provide cloud-based software solutions that address the unique operating challenges and regulatory requirements of the public finance industry, including debt management, lease management (GASB 87), and subscription management (GASB 96). Our solutions help more than 2,000 of the nation’s state governments, local governments, hospitals, universities, utility systems, transit systems, airports, seaports, and charter schools connect their most important assets: people, processes, and data.
With additional productivity and visibility, DebtBook customers gain easy access to the information they need to deliver better financial outcomes, strengthen risk management and compliance, and help their organization achieve their strategic goals.
