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Hydreight, Victory Square Portfolio Company, Recognized as a Canada's Companies-to-Watch in Deloitte's Technology Fast 50™ Program

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Hydreight Recognized as a Companies-to-Watch in Deloitte's Technology Fast 50™ Program

Victory Square Technologies Inc. is pleased to announce that its portfolio company, Hydreight Technologies Inc., has been honored with a Companies-to-Watch award as part of the 2023 Deloitte Technology Fast 50™ program. Hydreight, a fast-growing mobile clinical network and medical platform, provides flexible at-home medical services across 50 states in the United States.

Award and Growth

The Companies-to-Watch award recognizes emerging companies based on their revenue growth percentage. Hydreight's significant organic revenue growth of 250% year over year has earned them this prestigious recognition. The award not only validates the company's business operations but also highlights its key differentiators in the market.

Hydreight's Unique Offering

Hydreight is building the largest mobile clinical network in the United States, offering fully-integrated tools for healthcare professionals to provide services directly to patients at home, office, or hotel. With over 650 cities covered across 50 states, Hydreight is one of the only platforms that allows nurses to legally provide at-home services. Their proprietary platform and extensive network of nurses, doctors, and pharmacies make them a leader in the industry.
Future Growth and Recognition
Hydreight's recognition as a Companies-to-Watch demonstrates their promising growth trajectory and ability to seize opportunities in the challenging economic landscape. As they continue to expand their mobile clinical network, Hydreight aims to solidify its position as the largest provider of at-home medical services in the United States. Victory Square will be hosting a live investor webinar with Hydreight Technologies CEO Shane Madden, providing an investor update and discussing the company's recent performance, achievements, partnerships, and future plans. This recognition from Deloitte's Technology Fast 50™ program further validates Hydreight's success and sets the stage for continued growth and innovation in the healthcare industry.

Hot Take on Hydreight's Recognition in Deloitte's Technology Fast 50™ Program

Hydreight Technologies Inc.'s recent recognition as a Companies-to-Watch in Deloitte's Technology Fast 50™ program is a significant milestone that underscores the company's rapid growth and innovative approach to healthcare delivery. This recognition could have far-reaching implications for new businesses, particularly those in the healthcare and technology sectors.

Implications for New Businesses

Hydreight's success demonstrates the potential for growth in the mobile clinical network space. Its unique offering, which allows healthcare professionals to provide services directly to patients at home, office, or hotel, sets a precedent for other companies to follow. New businesses can learn from Hydreight's approach, which combines technology with healthcare to meet the needs of today's patients.
Looking Ahead
As Hydreight continues to expand its network and solidify its position as a leader in at-home medical services, it's likely we'll see more companies entering this space. This could lead to increased competition, innovation, and ultimately, better services for patients. Victory Square's live investor webinar will provide more insights into Hydreight's plans for the future, which could provide valuable lessons for new businesses. The recognition from Deloitte's Technology Fast 50™ program is a testament to Hydreight's success and a sign of things to come in the healthcare industry.
Story First Published at: https://financialpost.com/globe-newswire/victory-square-portfolio-company-hydreight-named-one-of-canadas-companies-to-watch-in-deloittes-technology-fast-50-program
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