T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp) announced that it has been ranked amongst the fastest-growing companies in the US by the Financial Times.
The global provider of AI-powered identity services came in at #179 in “The Americas Fastest Growing Companies” Report for 2023.
According to a release from Trust Stamp, the Financial Times highlighted its revenue as achieving an absolute growth rate of 341% and a compound annual growth rate of 64%.
“Our team has worked hard to grow revenue in parallel to our substantial investments of time and resources into building our proprietary technology,” Trust Stamp CEO Gareth Genner said in a statement.
“2022, which was not factored into the ranking, showed our highest ever revenue growth and our focus in 2023 is on growing our Software-as-a-Service (SaaS) revenue therefore I am hopeful that we will be recognized again in 2024.”
Trust Stamp’s technology is used in multiple sectors including banking and finance, regulatory compliance, government, real estate, communications, and humanitarian services.
The company is located in nine countries across North America, Europe, Asia, and Africa.
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