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Keelvar attributes its growth to scaling optimized sourcing with their Autonomous Sourcing solution having doubled the number of sourcing events this year

Cork, Ireland, 29 November 2024 — Keelvar today announced that it has been named in the 2024 Deloitte Technology Fast 50 Awards, a ranking of the 50 fastest growing technology companies in Ireland. Rankings are based on average percentage revenue growth over four years. 

Keelvar Founder and CEO, Alan Holland, credits his team’s dedication to innovation and customer success, as well as the scalability of Keelvar’s solutions, for the company’s growth over the past four years. 

He said: “This marks the fourth year in a row of strong, compounding growth for Keelvar, highlighting the team’s relentless commitment to innovation and customer success. Our unique offering of Sourcing Optimization and Autonomous Sourcing allows leading enterprises like ExxonMobil, Siemens, Maersk, Coca-Cola and many others to scale sourcing excellence beyond the realm of what’s been possible before. Automating optimized sourcing has been a driving force of growth with customers now automating thousands of sourcing events per month and delivering real, tangible results”.

“Securing a spot among the top 50 high-growth companies for four consecutive years is a remarkable achievement, and a testament to the scalability we’re building at Keelvar. A huge well done to everyone – this is a fantastic milestone!”


The Deloitte Technology Fast 50 Awards is one of Ireland’s foremost technology award programmes. It is a ranking of the country's 50 fastest-growing technology companies based on revenue growth over a four-year period, and this year marks 25 years of the programme celebrating innovation and entrepreneurship in Ireland’s indigenous technology sector. 

Cumulatively, the 2024 Fast 50 winners generated €1.4 billion in total annual revenues and now employ over 6,200 people. The average revenue of companies featured in the ranking was approximately €28 million, while the average growth rate of the companies over the last four years was 572%. The awards programme also saw 11 new entrants appearing on the ranking for the first time. The companies ranked identified finding, hiring and retaining top talent and international expansion as two of the biggest challenges they face trying to grow their company.  

Announcing the winners of the Deloitte Technology Fast 50 programme, James Toomey, Partner and Fast 50 lead, Deloitte said: 

“While Ireland has solidified its reputation as a global hub for technological excellence, the true highlight has been the remarkable growth of homegrown tech talent. Over the past 25 years the Fast 50 programme has been at the heart of this story, championing the innovation and ambition of indigenous tech companies in Ireland. 

The Fast 50 rankings are a badge of honour, offering trusted recognition based on four years of revenue growth. This credibility distinguishes the programme, and not only identifies the tech leaders of tomorrow, but signals their readiness to scale globally. Congratulations to all the companies and individuals whose hard work and innovation have earned them a well-deserved place on this year's Fast 50 ranking - your achievements set the standard for excellence in tech.”

The Deloitte Technology Fast 50 ranking features both private and public listed technology companies that have demonstrated innovative strategies, sound management practices and marketplace vision, driving them to achieve the status of high-growth leaders. Full details on the winners can be found at www.fast50.ie.