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David Eisenstadt / Selena Kovachis
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TORONTO, September 13, 2018 – Canadian Business Magazine and Maclean’s have ranked Toronto-based Volanté Systems #42 on the 30th annual Growth 500 list, the definitive ranking of Canada’s Fastest-Growing Companies.
Volanté, a point-of-sale software solution designed for enterprise level hospitality and restaurant applications, was founded by three University of Waterloo Computer Science graduates including current CEO Joseph Lee, who has spearheaded the company’s steady expansion. What began as a basement IT project has developed into an innovative and competitive Cloud-based POS company with a world-class reputation and over 80 employees.
The company has seen revenue growth of 400 per cent over the past two years. This surge is attributable to the widespread adoption of its POS platform by major food service management clients, international expansion, and the successful launch of cutting-edge Self Service Kiosk solutions.
“Volanté’s growth has also been fueled by our success in the enterprise markets and by diversifying our product lines to cater to corporate cafeterias, hospitals, stadiums, retirement homes, schools, hotels and destinations. Our enterprise customers prioritize security, flexibility and centralization which is at the core of our software offering. This achievement reflects the strength of our product line and the dedication of our team,” Lee said.
Growth 500 Editor and Program Manager Deborah Aarts added, “The companies on the 2018 Growth 500 are truly remarkable. Demonstrating foresight, innovation and smart management, their stories serve as a primer for how to build a successful entrepreneurial business today. As we celebrate 30 years of the Canada’s Fastest-Growing Companies program, it’s encouraging to see that entrepreneurship is healthier than ever in this country.”
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About Volanté Systems
Volanté Systems creates cutting edge hospitality and restaurant point-of-sale software solutions. Developed entirely in Java, Volanté’s POS software is cross platform compatible working with Linux or Windows. This versatile architecture supports its robust security features, superior stability, simple-to-use interface, speed of service, and detailed reporting.