HONK, North America’s leading provider of contactless payments for parking, today announced it ranked Number 253 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 31st year. HONK grew 314% during this period.
HONK’s Founder and Chief Executive Officer, Michael Back, credits the strength of HONK’s vertically integrated platform and the company’s customer-first mindset — along with the growing demand from operators for easier, more flexible ways to run parking payments — for the company’s 314% revenue growth.
This recognition caps off a year of significant momentum for HONK, marked by expanded partnerships, new client wins across higher education, municipalities, and private operators, and continued widespread adoption of its platform throughout North America.
“Our growth shows that operators want practical tools that make parking payments straightforward for both staff and drivers,” said Michael Back. “Earning a spot on the Deloitte Technology Fast 500 reflects the shift happening across the industry and the trust our customers place in us. We’ll continue building technology that removes friction, adapts to real-world operations, and supports our customers as they scale.”
About the 2025 Deloitte Technology Fast 500TM
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.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or proprietary technology that significantly contributes to 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, with a growth rate of 50% or greater. Additionally, companies must be in business for a minimum of four years and be headquartered within North America (United States and Canada).
