Market leader earns a spot on the Technology Fast 500 list by using AI to revolutionize risk assessment in finance and auditing
OTTAWA, ON, November 27, 2024 – MindBridge, the leading AI-powered financial risk intelligence platform, has been named on the 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, the Technology Fast 500 highlights companies driving innovation and change within their industries.
As the financial landscape becomes increasingly complex, traditional risk management methods are struggling to keep up with the growing volume of data and evolving regulatory demands. This gap leaves organizations exposed to undetected fraud, financial losses, and compliance breaches.
MindBridge’s inclusion on the Fast 500 list highlights the growing demand for better financial risk management and the company’s leadership in addressing industry challenges. The company’s AI-powered platform empowers finance professionals and auditors by continuously analyzing all financial transactions across ledgers and subledgers, enabling the early detection and management of financial irregularities—whether from errors, risks, or fraud. By providing deep, actionable insights, MindBridge helps organizations strengthen their financial integrity, reduce risk, and ensure compliance.
“MindBridge’s growth is fueled by the urgent need for more intelligent financial risk management,” said Stephen DeWitt, CEO of MindBridge Analytics. “As the leading AI-powered financial risk intelligence platform, MindBridge equips finance professionals and auditors with a powerful AI ‘brain’ that detects anomalies, ensures compliance, and enables smarter decision-making with unmatched efficiency and accuracy. The future of finance is powered by AI, and MindBridge is leading the way, helping organizations stay ahead of emerging threats.”
About MindBridge Analytics
Founded in 2015 and headquartered in Ottawa, Canada, MindBridge is the global leader in AI-driven financial risk intelligence. MindBridge empowers finance professionals to detect anomalies and manage risk for huge amounts of data with unimagined precision. Analyzing all financial transactional data, all the time, MindBridge enables companies to identify and manage risk across the enterprise through the lens of the auditor, regulator, and bespoke financial controls. Learn more at mindbridge.ai.
About the Technology Fast 500 program
Now in its 30th year, the 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.