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Fast has raised $140.0M across 3 funding rounds.
Key people at Fast.
Fast has raised $140.0M in total across 3 funding rounds.
Fast Company is a business media brand and publisher that produces editorial content focused on corporate innovation, technology, leadership, and design, headquartered in New York City, New York. The organization operates with a workforce of 167 employees and generates approximately $10.8 million in annual revenue through a diversified combination of print subscriptions, digital advertising, and media acquisitions. The publication chronicles how modern enterprises compete and reinvent traditional business practices, serving a primary audience of progressive corporate leaders, technology entrepreneurs, and executives. Throughout its corporate history, the media entity has been associated with notable industry figures and multinational conglomerates, including early backing from publisher Mort Zuckerman and a subsequent acquisition by the German mass media corporation Bertelsmann. Fast Company was officially established in 1995 by former Harvard Business Review editors Alan Webber and Bill Taylor.
Fast has raised $140.0M in total across 3 funding rounds.
Fast's investors include Stripe, Addition, Alt Capital, C2 Investment, Electric Capital, Founders Fund, Humba Ventures, Index Ventures, Khosla Ventures, MKT1 Capital, O'Shaughnessy Ventures, Plaid.
Key people at Fast.
Fast has raised $140.0M across 3 funding rounds. Most recently, it raised $100.0M Series B in January 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2021 | $100M Series B | Stripe | Addition, ALT Capital, C2 Investment, Electric Capital, Founders Fund, Humba Ventures, Index Ventures, Khosla Ventures, Mkt1 Capital, O'Shaughnessy Ventures, Plaid, Ribbit Capital, Scalar Capital, Sequoia Capital, Susa Ventures, The General Partnership, Trust Ventures, Chase Gilbert, David Vélez, Derrick LI, Matt Macinnis, Parker Conrad, Jaren Glover | Announced |
| Mar 1, 2020 | $20M Series A | Jordan Angelos | ALT Capital, C2 Investment, Electric Capital, Founders Fund, Index Ventures, Khosla Ventures, Mkt1 Capital, Plaid, Ribbit Capital, Scalar Capital, Susa Ventures, Chase Gilbert, David Vélez, Derrick LI, Matt Macinnis, Parker Conrad | Announced |
| Nov 1, 2019 | $20M Seed | — | Index Ventures, David Vélez | Announced |
FAST Technology is a small custom software and IT services company headquartered in San Jose, California, with 10-19 employees and annual revenue between $1M and $5M.[1][4] It operates in business services, focusing on software solutions, though details on specific products or clients are limited in available data.[1]
An alternative entity under the FAST Technology name, based in Edison, NJ, positions itself as providing "Flexible Architecture, Simplified Technology" for financial services, particularly insurance, with a proprietary framework called 8x and pre-built components to modernize legacy systems; it reports higher scale with ~138 employees and ~$20M revenue.[2] A third variant in Ireland/UK specializes in industrial automation, robotics, and manufacturing software.[3] Without further disambiguation, the California-based firm matches the primary descriptions in business directories.[1][4]
Limited public information exists on the founding of the San Jose-based FAST Technology; it is described as a privately held entity in the custom software space with headquarters at 110 Fieldcrest Ave, San Jose, CA, and a phone listing tied to www.pglg.com, but no specific founders, year, or early milestones are detailed.[1]
The Edison, NJ version traces its roots to founders who were former leaders of NaviSys, establishing it to address insurer challenges with legacy systems using strategic IT consulting and the 8x framework; it emphasizes escaping "overly burdensome" solutions from large vendors.[2] The Irish FAST Technologies focuses on custom automation without a detailed backstory.[3]
No standout track record, network, or community ecosystem is highlighted across sources.
FAST Technology operates in the fragmented custom software and IT services sector, serving niche needs amid broader digital transformation trends, but lacks evidence of riding major waves like AI or cloud-native shifts.[1][2] Market forces favoring outsourcing for legacy modernization (e.g., in finance/insurance for the NJ firm) or industrial automation (Ireland) align with it, yet its small size limits ecosystem influence.[2][3]
Timing matters in competitive landscapes where insurers seek alternatives to "giant" vendors, but without recent news or growth metrics beyond estimates, its broader impact appears minimal.[1][2]
For the California FAST Technology, expect steady niche operations in custom IT services, potentially constrained by scale unless expansion occurs; trends like AI integration could boost demand if adopted.[1] The NJ variant may grow via insurance tech modernization, shaped by regulatory pressures and fintech competition, evolving toward deeper vertical specialization.[2] Irish automation focus positions it well for Industry 4.0, with robotics and sustainability driving opportunities.[3]
Overall, "FAST" branding evokes speed in tech delivery, but differentiation hinges on execution in crowded services markets—watch for partnerships or acquisitions to amplify influence.
