Press Release

Propel Software Ranked Among Fastest-Growing Technology Companies in North America on the 2025 Deloitte Technology Fast 500™ for the Fifth Consecutive Year

November 21, 2025

Attributes Revenue Growth to Escalating Demand for AI-Driven PLM Solutions that Provide a Connected Product Data Thread to Boost Efficiency and Competitive Advantage

REDWOOD CITY, Calif., November 21, 2025 — Propel Software, creator of the first product value management (PVM) platform that transforms how businesses create, market, sell, and service products, today announced its inclusion 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. This is Propel Software’s fifth consecutive year on the list.

What's Driving Propel's Revenue Growth

The company’s revenue growth was driven by manufacturers’ growing need for cloud-based solutions that connect product data across the organization. By enabling enterprise collaboration, companies can speed product development and make better-informed decisions.

"Siloed departments and outdated software don’t meet the speed or agility needed in today’s market. Manufacturers need a cohesive data foundation with AI woven into their core architecture to scale effectively, strengthen collaboration, and elevate operational efficiency,” said Ross Meyercord, CEO of Propel Software. 

“Being named to the Deloitte Technology Fast 500 five years running demonstrates the power of Propel’s platform to meet product companies’ requirements by providing a single product thread that accelerates decisions and removes friction enterprise-wide,” Meyercord continued. 

About the 2025 Deloitte Technology Fast 500

Now in its 31st 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 2021 to 2024.

About Propel Software

Propel helps product companies grow revenue and increase business value. Our product value management platform connects commercial and product teams to optimize decision making, drive process efficiencies, and engage customers with compelling products and experiences. Propel has a proven track record of improving product quality, speeding time to revenue and profit, and improving customer satisfaction. Recognized as one of America’s fastest growing private companies on the Inc. 5000, Propel is a 5x Deloitte Technology Fast 500 winner, and one of Fortune America’s Most Innovative Companies. Built on Salesforce, Propel drives product success for hyper growth startups, corporate pioneers, and Fortune 500 leaders in the high tech, medtech and consumer goods industries. For more information, visit propelsoftware.com and follow us on LinkedIn.