Lenexa, Kansas — Vytelle, a precision livestock company, announced today it ranked 285 on the Deloitte Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year.
Vytelle is setting a new standard in bovine reproduction success to accelerate genetic progress and improve the sustainability of beef and dairy operations worldwide. Vytelle helps cattle producers identify elite genetics in their herd and reproduce them faster via a proprietary hormone free in-vitro fertilization (IVF) system. In the United States, Vytelle has 7 IVF labs positioned to serve 54% of the US breeding stock.
“Vytelle is the fastest growing bovine IVF company in the world,” commented Kerryann Kocher, CEO of Vytelle. She continued, “We are thrilled to have ranked in the Deloitte Technology Fast 500™, and it speaks to just how quickly Vytelle is scaling and expanding our network of IVF labs and satellite partners to make modern IVF reproduction technology accessible to cattle producers worldwide. ”
Overall, the 2023 Technology Fast 500 companies achieved revenue growth ranging from 201% to 222,189% over the three-year time frame from 2019 to 2022, with an average growth rate of 1,934% and a median growth rate of 497%.
Vytelle is a precision livestock company reshaping how cattle producers worldwide optimize their herds. Through Vytelle’s integrated technology platform, generations of genetic gains can be made in just a few years. This allows producers to sustainably deliver more protein with fewer inputs, helping to ensure meat and milk are viable, competitive food choices for future generations.
About the 2023 Deloitte Technology Fast 500
Now in its 29th 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 2019 to 2022.
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.