Fort Worth-based travel industry tech firm named to Deloitte’s Technology Fast 500

Fort Worth-based Koddi, a marketing technology company for the travel industry, announced Feb. 26 that it has been named to the Deloitte 2018 Technology Fast 500, Deloitte’s list of the fastest growing technology companies in North America.

Koddi produced 316 percent year-over-year growth in 2018 following the rollout of new technology and services for the travel and hospitality industries.

Koddi is a cloud/software-as-a-service (SaaS) provider of marketing technology for advertisers in the travel industry.

Deloitte annually ranks the 500 fastest growing technology, media, telecommunications, life sciences, and energy tech companies in North America.

- FWBP Digital Partners -

Koddi’s ranking comes on the heels of the company’s acquisition of the HookLogic Travel Business from Criteo, announced in late 2017, a move that propelled the company’s growth and accelerated Koddi’s leadership position in travel marketing technology, the company said.

Koddi has more than 100 employees across five offices in Texas, Michigan, New York, California, and Germany.

Koddi said in a news release that its SaaS platform handles 4 million daily bid decisions, and customers experience a 45 percent average lift in revenue.

“The travel industry is in the midst of the most change its experienced since the first Internet explosion, as every brand is fighting for eyeballs, bookings, and revenue across multiple touch points,” said Nicholas Ward, president and co-founder of Koddi.

- Advertisement -

“Our approach of driving massive efficiency into a non-efficient marketing experience has allowed us to grow significantly in 2018, and it’s a direct correlation to uniting the best technology with the best people. We are doubling down in 2019 on both fronts so we can maintain and accelerate growth,” Ward said in the news release.

The company said its SaaS platform provides a universal network of solutions for the travel industry built to drive additional bookings by putting travel brands and online travel agencies in front of customers looking to find their next destination.

In 2018 alone, Koddi received seven awards for both its workplace environment and advanced technologies across industry and geography:

– Inc 5000 List of Fastest Growing Companies in America – Digiday Worklife Award for Most Collaborative Culture – Tech Provider – HotelTechReport’s 10 Best Places to Work in Hotel Tech – Fort Worth Inc. Best Companies to Work For in Fort Worth – Digiday Technology Award for Best Marketing Automation Platform – Hotel Tech Award for Best Social Media Tool

- Advertisement -

– FWBP Staff