Ranking Follows Three-Year Revenue Growth of 2,295 Percent for the Company
CHICAGO, November 7, 2019 – Deloitte
today revealed that
Cubii (Fitness Cubed), the maker of the Cubii Pro compact elliptical that helps people stay active and gain mobility with low-impact exercise, ranked number 57 on the 2019 Technology Fast 500 list. Cubii was also recognized as the fastest-growing company in the hardware and electronics category and as the second fastest-growing technology company from Chicago.
The Deloitte Technology Fast 500 is a ranking of the 500 fastest growing technology, media, telecommunications, life sciences, and energy tech companies in North America.
Cubii took spot 57 due to its impressive three-year revenue growth of 2,295 percent, while also tripling its headcount and selling more than 100,000 units in that same period.
“We’re thrilled to be recognized as one of the many thriving companies on the Deloitte Technology Fast 500 list,” said Arnav Dalmia, cofounder and CEO of Cubii. “This award validates our commitment to creating life-changing products that make exercise possible for everyone, especially those who are unable to take part in traditional exercise methods due to lifestyle or physical limitations.”
Cubii launched in 2014 to provide compact seated ellipticals for busy, desk-bound professionals wanting to stay active while sitting at work. Since then, the company has grown to include thousands of customers who otherwise lack an accessible or safe way to stay active, including people looking for their first step to becoming more active, patients recovering from surgery or rehabilitating after an injury, or those in search of ways to actively age through low-impact exercise.
“What’s exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue.”
For additional details on the Technology Fast 500, including the complete list and qualifying criteria, visit
www.fast500.com.
About Cubii