The University of Toronto’s Impact Centre has released the 2019 Narwhal List, and Assent Compliance has made the cut as a Canadian company likely to reach $1 billion in revenue.
The announcement comes a few months after Assent received over 100 million U.S. dollars from Warburg Pincus in a Series C funding round.
Based on publicly-available information, the Narwhal List raises the profile of Canadian companies most likely to become “unicorns”, with a predicted annual revenue trajectory of over $1 billion.
Qualification to join the list of companies that could reach this status is determined through a variety of factors, including investment and financial velocity. Technology firms have become more prominent on the list in recent years, and the addition of Assent continues this trend.
One of 17 new companies to make the list, Assent was recognized due to its year-over-year revenue growth, coming in at a rate of nearly 100 percent since 2015.
As the global leader in supply chain data management, Assent provides enterprise SaaS solutions to help companies simplify their supply chain. By combining leading-edge technologies and extensive supply chain expertise, Assent’s solutions manage third-party data to protect corporate brands, increase market accessibility, and reduce operational and financial risk. The Assent Compliance Platform automates supply chain data management, increasing supply chain transparency and helping companies respond to the significant volume of data and regulatory requirements they face.
For more information about Assent Compliance, contact our experts today.
