Beachwood-based TOA Technologies Thursday made Forbes' list of the country's most promising companies.
The America's Most Promising Companies is based on growth (both in sales and hiring), quality of management team and investors, margins, market size and key partnerships, Forbes writes.
TOA ranked 81 and is the only Ohio company to make the list. In a press release, the company writes:
“TOA Technologies being recognized by Forbes as one of the elite group of privately-held companies with the potential to shape the future of this country is incredibly exciting,” said Yuval Brisker, co-founder and CEO of TOA Technologies. “When my co-founder, Irad Carmi, and I founded TOA, our ambition was to build a revolutionary company that would become one of America’s top businesses by solving an acute consumer problem.
“Our ‘aha’ moment was the realization that the world needed a solution for the embarrassingly common problem of consumers waiting for hours at home for the delivery of a product or service without knowing when it would arrive. The technology we developed predicts exactly when an appointment will occur and communicates that information to customers by email, text, automated voice, Web, Twitter, etc. – providing accurate status information and freeing consumers from being prisoners in their own homes.
The company was founded in 2003 and today has 400 employees.