LOS ANGELES -

automotiveMastermind has been named a winner of the Red Herring Top 100 North America award, which recognizes industry-leading companies' innovation and technological advancements.

"It's an honor to be recognized among some of the most exciting and innovative companies in North America," automotiveMastermind chief executive officer and co-founder Marco Schnabl said in a news release. "This award truly showcases the dedication of our team. Since the beginning of this year, we've added four automotive brands to our platform and have grown more than 200 percent. We look forward to continuing to deliver industry-leading predictive analytics to our dealer partners."

Red Herring Top 100 America awards about 1,200 qualified companies throughout the U.S. and Canada.

During a months-long process, Red Herring's editorial team examines a variety of criteria concerning each company, including financial performance, innovation, business strategy and market penetration, according to automotiveMastermind.

"2017's crop of Top 100 winners has been among our most intriguing yet. North America has led the way in tech for so many years, and to see such unique, pioneering entrepreneurs and companies has been a thrilling experience," Red Herring chairman Alex Vieux said.

"What has excited me most is to see so many people forging niches in high-tech and cutting-edge sectors. Some of the technical wizardry and first-rate business models showcased here at the conference has been fantastic to learn about. We believe automotiveMastermind embodies the drive, skill and passion on which tech thrives. They should be proud of this achievement — the competition was incredibly strong."

Previous Red Herring Top 100 winners include Alibaba, Facebook, Google, Skype, SuperCell, Spotify, Twitter and YouTube.

For a complete list of this year’s winners, visit http://www.redherring.com/2017-rhna-winners.