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Honorlock is Ranked on the 2023 Deloitte Technology Fast 500™ as one of the Fastest-Growing Companies in North America, with 865% Revenue Growth

BOCA RATON, Fla. [November 9, 2023] — Honorlock announced it ranked number 162 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. Honorlock, an industry-leading remote proctoring service, grew 865% during this period.

Growing from a commitment to upholding academic integrity

“We are honored to be ranked number 162 on the prestigious Deloitte Technology Fast 500 list, capping off a tremendous period of 865% growth,” said Michael Hemlepp, CEO of Honorlock. “Our progression is a testament to the relationships we’ve built and our ability to tailor our technology to our partners’ unique needs. Our commitment to upholding academic integrity is the foundation for ethical and successful learning. I want to thank our entire team for their tireless innovation and unparalleled customer support. We are just getting started on this journey to transform online proctoring.”

“Each year we look forward to reviewing the progress and innovations of our Technology Fast 500 winners. This year is especially celebratory as we expand the number of winners to better represent just how many companies are developing new ideas to progress our society and the world, especially during a slow economy,” said Paul Silverglate, Vice Chair, Deloitte LLP and U.S. Technology Sector Leader. “While software and services and life sciences continue to dominate the top 10, we are encouraged to see other categories making their mark. Congratulations to all the winners who show us how creativity, hard work and perseverance can lead to success.”

“As for growing companies, it’s always rewarding to be recognized for the ongoing commitment it takes to navigate obstacles, transform when necessary, and ultimately create a thriving business,” said Christie Simons, Partner, Deloitte & Touche LLP and Industry Leader for Technology, Media and Telecommunications within Deloitte’s audit and assurance practice. “Over the nearly 30 years we’ve been compiling the Technology Fast 500, we’ve seen new categories emerge, growth rates explode, and certain regional markets shine from the bright talent they attract. We are proud of all the winners for achieving this well-deserved honor.”

About the 2023 Deloitte Technology Fast 500

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 the 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.

About Honorlock

Honorlock provides the best remote proctoring software and services for higher education institutions and professional education organizations. Our solution combines live proctors with AI proctoring software to protect academic integrity and improve the assessment experience.

Honorlock revolutionizes the way academic and enterprise institutions enable equity in online courses and exams by upholding honesty and integrity, and focusing on reaffirming the trust placed in learners while ensuring integrity for the institution, the instructors’ knowledge and value, and the exams themselves.

About Deloitte

Deloitte provides audit, consulting, tax, and advisory services to large industry brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. Deloitte is part of the largest global professional services network, serving clients in the markets that are most important to them. With more than 175 years of service, Deloitte’s network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 457,000 people worldwide connect for impact at www.deloitte.com

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*Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see deloitte.com/about to learn more about their global network of member firms.