Inc. announced that Marketopia landed No. 232 on its annual Inc. 500 list, a subset of the Inc. 5000. The Inc. 5000 is the most prestigious ranking of the nation’s fastest-growing private companies. On a meteoritic rise since its inception in 2014, Marketopia was cited by Inc. as having scaled its revenue at an impressive 2041% growth rate. The Inc. 5000 list represents a unique sector of the most successful companies within the American economy’s most dynamic segment – its independent small businesses. Marketopia is in familiar company as many well-known names including LinkedIn, Microsoft, Dell, Domino’s Pizza and Pandora gained their first national exposure as honorees on the Inc. 5000.
“It’s an incredible honor to be recognized as one of the fastest growing companies in the nation. This accomplishment shows what’s possible when you bring talented people together with a mission to help clients achieve their dreams. It’s an honor to lead Marketopia and to be selected by tech firms worldwide to help them grow,” said Marketopia CEO Terry Hedden.
Marketopia CMO Andra Hedden added, “We are humbled to be part of such an elite group of fast-growing organizations. Making the Inc. 500 by delivering world-class marketing products and services to the technology industry is an absolute privilege. Solving our clients’ needs and watching them grow in today’s competitive business environment keeps us innovating into the future.”
Not only have the companies on the 2018 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.
“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. Editor-in-Chief James Ledbetter. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”
The annual Inc. 5000 event honoring the companies on the list will be held Oct. 17 to 19, 2018, at the JW Marriott San Antonio Hill Country Resort in San Antonio, Texas. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region and other criteria, can be found at www.inc.com/inc5000.
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and been generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent— not subsidiaries or divisions of other companies — as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.