Deloitte’s 2023 Technology Fast 500 spotlighted Philadelphia with five companies storming into North America’s fastest-growing tech firms. Harmony Biosciences Holdings Inc. led the pack at No. 25, boasting a staggering 7,204% growth, driven by Wakix sales.

Dbt Labs followed at No. 42, witnessing a 4,034% revenue surge and making notable strides with acquisitions despite recent workforce reductions. AscellaHealth and Aclaris Therapeutics, both from the region, scored spots at 231 and 241, showcasing impressive growth in health care and life sciences.

Accolade Inc., headquartered in Plymouth Meeting and Seattle, rounded out the Philly lineup at No. 503, achieving a 227% growth despite trimming its workforce in 2023.

The region’s strong representation underlines its tech prowess, with 70 firms from Pennsylvania, New York, and New Jersey collectively making up 13% of this year’s Fast 500 list. The surge highlights the area’s rising prominence in the tech industry, trailing only behind the Bay Area in representation.