Inc. Magazine Releases 39th Annual List of America’s Fastest-Growing Private Companies
Inc. magazine revealed the 2020 Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. brightfin (Formerly Mobile Solutions) is proud to be part of this elite group, with a three-year revenue growth of 108%, earning the rank of 3,460. This is Mobile Solutions 6th consecutive time on the Inc. 5000 and is a testament to the hard work and commitment from each of its teams.
The Inc. 5000 represents nearly 40 years of exceptional American growth stories and this year’s set of winners place the bar very high indeed. Companies that made the list, on average, have grown six-fold since 2016. During a stretch when the economy grew just 15 percent, that’s a result most businesses could only dream of.
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
This is Mobile Solutions 6th time on the Inc. 5000. While the numbers speak for themselves, they attribute their growth to a culture that strives for excellence. Of the tens of thousands of companies that applied for the Inc. 5000 over the years, only a fraction have made the list more than once. With only 4 percent of companies making the list 5 times, and an even smaller percentage making the list 6 times.
Jim and Kim Johnson, Mobile Solutions Co-Founders stated, “When we look back at our past year, so much has changed. Our homes became our offices and meetings became video calls. But a lot stayed the same. Whether in the office or working remotely, our teams continue to excel and rise to the challenges we all face today. We are a team-oriented business that values trust, inclusion, communication and passion. To make the Inc. 5000 for a 6th consecutive time only reinforces our team’s dedication to our company and to our customers.”
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. Editor-in-Chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 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.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.