DALLAS, TX. August 19, 2019 – Inc. magazine revealed that SPOTIO, Inc., the leading field sales acceleration platform for outside sales teams, is No. 477 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.
Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
We are ecstatic to be recognized for our recent growth, said SPOTIO Founder and CEO, Trey Gibson. This honor speaks to the hard work of our team members and the exponential value we deliver to our customers.
Not only are the companies on the 2019 Inc. 5000 very competitive within their respective markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
The companies on this year’s Inc. 5000 have followed so many different paths to success, says Inc. editor in chief James Ledbetter. There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 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.
SPOTIO is the leading field sales acceleration platform for outside sales teams to build pipeline, improve productivity, and close more deals. SPOTIO centralizes outside sales team activities and provides sales organizations with the visibility and insight needed to drive revenue in the field. Thousands of customers worldwide rely on SPOTIO to accelerate growth with their outside sales teams. SPOTIO is a privately held company based in Dallas, Texas. To learn more, visit www.spotio.com
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.